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Kotak Securities Vs Reliance Securities: Which one is better?

Both the brokers are registered with SEBI. Kotak Securities offers investmenet in Equity, F&O, Currency and Commodities, where Reliance Securities offers investment in Equity, F&O and Currency only. The brokerage of Kotak Securities ranges between Rs. 20 per order while the brokerage of Reliance Securities ranges between 0.05 - 0.50%. Both the brokers are Full Service brokers. Kotak Securities is having overall higher rating compare to Reliance Securities. Kotak Securities is rated 4 out of 5 where Reliance Securities is rated only 3.5 out of 5. Number of active customer for Reliance Securities is 10,56,932 where number of active customer for Kotak Securities is 91,560. Reliance Securities is serving more customer compare to Kotak Securities.

Here we present side-by-side comparison of Kotak Securities vs Reliance Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Kotak Securities vs Reliance Securities's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Kotak Securities vs Reliance Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Kotak Securities vs Reliance Securities's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Kotak Securities vs Reliance Securities on Service

  Kotak Securities Compare
Kotak Securities
Reliance Securities Compare
Reliance Securities
Overall Rating Rated 4 stars Rated 3.5 stars
Brokerage Charges Rated 3 stars Rated 3 stars
Trading Platform Rated 4 stars Rated 4 stars
Investments Offering Rated 4.5 stars Rated 4.5 stars
Customer Service Rated 3.5 stars Rated 3 stars
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients 91,560 10,56,932
Broker Overview Kotak Securities is India’s leading full-service stockbroker with over 12 Lakh active clients. Trinity 3-in-1 account offering, Rs. 20 flat brokerages, free intraday trading, advanced-technology trading software & tools, and the best resear... Know more about Kotak Securities Open a Free Reliance Securities Demat Account today, and start online trading across segments on the advanced Robo insights technology powered Tick web, mobile app, and a desktop trading platform. Get the best stocks & mutual fund research & ...Know more about Reliance Securities
Broker Enquiry Request call back from Zerodha Request call back from Kotak Securities
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Account Opening Charges and AMC

Compare Kotak Securities vs Reliance Securities on Trading & Demat Account Opening Charges

Comparison of Kotak Securities with Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - Kotak Securities offer Free account opening where Reliance Securities charges Rs 950 for account opening. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities with Reliance Securities
Charges Kotak Securities Reliance Securities
Trading Account Opening Fees Free Rs 950
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Rs 400 PA| Rs. 2,500 (Lifetime Free AMC)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs Reliance Securities on Plan Options

Plans are the most important feature you look when compare Kotak Securities with Reliance Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Kotak Securities with Reliance Securities on Plan Options
Plan Types Kotak Securities Reliance Securities
Multiple Plans Yes Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Kotak Securities
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs Reliance Securities on Brokerage Charges

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at a 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

Reliance Securities Brokerage Plan detail - R-Fixed brokerage plan charges a fixed percentage of brokerage fee on trading across segments and also provides dedicated relationship manager services to help you take informed decisions based on fundamental and technical research reports.

Brokerage Charges - Compare Kotak Securities with Reliance Securities
Brokerage Charges Compare Kotak Securities Reliance Securities
Plan Name Kotak Securities Trade Free Plan R-FIXED Online Brokerage Plan (Percentage Based)
Equity Delivery 0.25% or Rs 20 whichever is higher 0.50%
Equity Intraday Free 0.05%
Equity Futures Delivery: Rs. 20 per order| Intraday: Free 0.05%
Equity Options Delivery: Rs. 20 per order| Intraday: Free Rs 100 Per Lot
Currency Futures Delivery: Rs. 20 per order| Intraday: Free 0.05%
Currency Options Delivery: Rs. 20 per order| Intraday: Free Rs 100 Per Lot
Commodity Trading Delivery: Rs. 20 per order| Intraday: Free Future: 0.05%| Options: Rs 100 per lot
Minimum Brokerage Rs 21 per executed order 5 paise per share
Hidden Charges No No
Funding 12.49% interest PA Yes - 18% interest PA
Call & Trade Charges 20 calls free and after that Rs 20 per call Rs 20 per call (Free First 20 call per month)
Auto Square off Charges 20 calls free and after that Rs 20 per call Free First 20 call PM and Rs 20 their onwards.
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Reliance Securities
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Share Broker's Transaction Charges

Compare Kotak Securities vs Reliance Securities on Transaction Charges

Compare Kotak Securities with Reliance Securities on transaction charges and PCM fee by segment.

Transaction Charges - Compare Kotak Securities with Reliance Securities
Transaction Charges Compare Kotak Securities Reliance Securities
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 190 Per Cr
Equity Options Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 110 Per Cr Rs 110 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for reliance-securities
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Account Features

Compare Kotak Securities vs Reliance Securities on Account Features

Compare Kotak Securities with Reliance Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak Securities offers 3-in-1 account where Reliance Securities offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Kotak Securities with Reliance Securities
Account Features Compare Kotak Securities Reliance Securities
3 in 1 Account Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No Kotak Securities have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features Trading software terminal: Keat Pro X Mobile Application: Rmobile Xpress
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Trading Platform

Compare Kotak Securities vs Reliance Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and Reliance Securities. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Kotak Securities with Reliance Securities
Trading Platform Compare Kotak Securities Reliance Securities
Desktop Trading Platform KEAT Pro X InstaXpress
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat http://tick.rsec.co.in/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Kotak Stock Trader TICK PRO
Mobile Trading App Demo Kotak Stock Trader Demo TICK PRO Demo
Android Mobile App Yes Yes
Android App Download Andriod Kotak Stock Trader Download Andriod TICK PRO Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Stock Trader Download iOS TICK PRO Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Yes, DirectTrade - Rs 2999 PA Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Reliance Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Reliance Securities
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Reliance Securities
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for reliance-securities

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Broker Ratings by Users

Compare Kotak Securities vs Reliance Securities on User Rating

  Kotak Securities Reliance Securities
  81 Customer Reviews    Rate Kotak Securities 52 Customer Reviews    Rate Reliance Securities
Fees Ratings 2.6 3.5
Trading Brokerage Rating 2.7 3.4
Trading Platform Usability 3.2 3.3
Customer Service Ratings 3.1 3.4
Overall Ratings Rated 2.8 stars Rated 3.4 stars
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 81 customer reviews Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews
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Investment Offerings

Compare Kotak Securities vs Reliance Securities on Investment Offerings

Compare Kotak Securities with Reliance Securities on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Reliance Securities provides PMS Service where Kotak Securities doesn't offer

Investment Offerings - Compare Kotak Securities with Reliance Securities
Investment Offerings Compare Kotak Securities Reliance Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking Yes No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes Yes
PMS Service No Yes
Other Investment Options NIL NIL
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Order Types

Compare Kotak Securities vs Reliance Securities on Order Types

Order Type - Compare Kotak Securities with Reliance Securities on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Kotak Securities offers Good Till Cancelled (GTC) orders where Reliance Securities doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Kotak Securities with Reliance Securities
Order Type Compare Kotak Securities Reliance Securities
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare Kotak Securities vs Reliance Securities on Customer Service

Compare Kotak Securities with Reliance Securities on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Kotak Securities with Reliance Securities
Customer Service Compare Kotak Securities Reliance Securities
24/7 Customer Service Kotak Securities vs Reliance Securities - 24x7 customer support No No
Email Support Kotak Securities vs Reliance Securities - Email Support Yes Yes
Onine Live Chat Kotak Securities vs Reliance Securities - Onine Live Chat Yes Yes
Phone Support Kotak Securities vs Reliance Securities - Phone Support Yes Yes
Toll Free Number Kotak Securities vs Reliance Securities - Toll Free Number Yes Yes
Through Branches Kotak Securities vs Reliance Securities - Through Branches Yes Yes
Customer Care Number Kotak Securities vs Reliance Securities - Customer Care Number 1800 209 9191 022 41596000 | 022 62436000
Account Opening Process Kotak Securities vs Reliance Securities - Account Opening Process Offline Online/Paperless
Customer Support Email Kotak Securities vs Reliance Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Kotak Securities vs Reliance Securities - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://www.reliancesmartmoney.com/Insights
Head Office Address Kotak Securities vs Reliance Securities - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website Kotak Securities vs Reliance Securities - Company Website https://www.kotaksecurities.com https://www.reliancesmartmoney.com
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Tips/Research/Reports Published

Compare Kotak Securities vs Reliance Securities on Research Reports, Tips

Compare Kotak Securities with Reliance Securities on research reports and tips provided by the broker.

Research Reports - Compare Kotak Securities with Reliance Securities
  Kotak Securities Reliance Securities
Research Mutual Funds Kotak Securities vs Reliance Securities - Research Mutual Funds Yes Yes
Research Equity Reports Kotak Securities vs Reliance Securities - Research Equity Reports Yes Yes
Research ETF Kotak Securities vs Reliance Securities - Research ETF Yes Yes
Daily Market Report Kotak Securities vs Reliance Securities - Daily Market Report Yes Yes
Free Tips Kotak Securities vs Reliance Securities - Free Tips Yes Yes
Quarterly Result Analysis Kotak Securities vs Reliance Securities - Quarterly Results Yes Yes
News Alerts Kotak Securities vs Reliance Securities - Yes Yes
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Demat Account

Compare Kotak Securities vs Reliance Securities on Demat Account

Compare Kotak Securities with Reliance Securities on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Reliance Securities is ₹300 pa where for Kotak Securities is ₹780 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Kotak Securities is 0.04% (Min ₹27) + CDSL charges where for Reliance Securities is 0.04% (Min ₹27) + CDSL charges.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Kotak Securities with Reliance Securities
  Kotak Securities Reliance Securities
DP Source CDSL CDSL
DP ID Kotak Securities vs Reliance Securities - DP ID 49200 41400
Demat Account Annual Maintenance Charges(AMC) ₹780 pa ₹300 pa
Advance Deposit NA Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges 0.04% (Min ₹27) + CDSL charges
Demat ₹3 per certificate + ₹50 courier charges ₹5 per certificate + ₹30 request charges
Remat ₹10 for every hundred securities (Min ₹15) ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges
Pledge Creation 0.05% of transaction value (Min ₹30) 0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) 0.05% of transaction value (Min ₹30)
Pledge Closure 0.05% of transaction value (Min ₹30) 0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) 0.05% of transaction value (Min ₹30)
Pledge Invocation 0.05% of transaction value (Min ₹30) 0.05% of transaction value (Min ₹30)
Failed Instruction Charges Nil Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Reliance Securities on Special Offers and Promotion

Compare Kotak Securities with Reliance Securities on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Kotak Securities vs Reliance Securities on Special Offers and Promotion
  Kotak Securities Reliance Securities
Pay In and Pay Out Options Kotak Securities vs Reliance Securities - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank).
Pay-out/Fund Withdrawal - Bank Transfer only.
Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Kotak Securities vs Reliance Securities - Payout Time Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. Max 24 hrs except bank holidays
Bank Supported and Charges Kotak Securities vs Reliance Securities - Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Info Not Available
Bank Detail Direct from your Kotak Mahindra bank account. RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Likes
  • Trinity 3-in-1 account opening facility.
  • Trade Free Plan charges Rs. 20 flat brokerages on F&O, commodity, and currency trading.
  • 0 brokerage on all trades for customers below 30 years age.
  • Free intraday trading with Trade Free Plan.
  • User-friendly mobile app and next-gen trading terminals (TradeSmart, KeatProX, and Nest).
  • Free access to Kotak Trade API to develop your own trading terminal.
  • Bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Cancelled (GTC) order.
  • Apply for IPOs, ETFs, and insurance.
  • Zero brokerage investment in mutual funds.
  • NRI trading facility is available.
  • Access to fundamental and technical calls and research reports.
  • Buy Now Sell Tomorrow (BNST) order feature.
  • Kotak University, a stock market, options trading, and mutual funds learning platform.
  • Margin trading facility.
  • Dealer-assisted trading.

Detail Review...

  • Multiple exchanges trading on BSE, NSE, and MCX.
  • Buy insurance plans like car insurance, health insurance, general insurance, etc.
  • Multiple brokerage plans.
  • Free state of the art and user-friendly TICK web, app, and desktop platform.
  • Zero Demat Account opening fees.
  • Zero brokerage benefits for the first 30 days.
  • No AMC for the first year.
  • Research reports, model portfolios, and stocks and mutual funds research recommendations.
  • R Model Portfolio and mutual fund basket recommendations.
  • Invest in the portfolio management services.
  • Robo assist technology platform for goal-based investing.
  • NRML, MIS, bracket order (BO), cover order (CO), after market order (AMO).
  • Place Valid Till Cancelled order for maximum validity of 45 days.
  • Free first 20 call & trade every month.
  • An abundance of education resources i.e., classrooms, blogs, webinars & events for beginners.

Detail Review...

Dislikes
  • Its dedicated dealer-assisted plan charges a very high brokerage fee.
  • Account opening is not free (Rs. 499) in dealer-assisted plan.
  • Dealer-assisted plan charges a minimum brokerage fee of 21 per order subject to maximum 2.5% brokerage.
  • Kotak Zero brokerage plan is only for people below 30 years and valid only for 2 years.
  • High Demat AMC charges of Rs. 600 per year, Rs. 50 is charged monthly.

Detail Review...

  • No flat brokerage plan is offered by Reliance Securities.
  • High brokerage charges than new-age discount brokers i.e., Zerodha, and Upstox.
  • The full-service broker does not have a toll-free number to provide 24*7 customer support.

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Kotak Securities Account Now>>

Last Updated on 2023-01-12T21:46:37+00:00