Kotak Securities Vs Reliance Securities: Which one is better?

The brokerage of Kotak Securities ranges between .049 to .49% while the brokerage of Reliance Securities ranges between 0.04 - 0.4%. 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.

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.

Compare Kotak Securities vs Reliance Securities on Service

  Kotak Securities Compare
Kotak Securities
Reliance Securities Compare
Reliance Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX-SX, MCX, NCDEX BSE, NSE
Broker Overview Kotak Securities Limited is a leading brokerage, distribution and financial services company. Its major business comes from stock brokerage service for investors and traders. From best in class research to competitive Brokerage Plan to exclusive reward Program, Reliance Securities earns the position of India's one of the best leading retail broking houses.
Broker Enquiry Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Reliance Securities. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

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

In this section we have compared Kotak Securities with Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - Kotak Securities charges Rs 750 for account opening where Reliance Securities charges Rs 950 for account opeing. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where Reliance Securities charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities with Reliance Securities
Charges Kotak Securities Reliance Securities
Trading Account Opening Fees Rs 750 Rs 950
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Rs 300 PA
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 copare on high level about type of plans offered by brokers. Miltiple Plans - Reliance Securities provides Multiple Plans where Kotak Securities doesn't offer Monthlay 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 No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Kotak Securities Reliance Securities
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs Reliance Securities on Brokerage Charges

Kotak Securities Brokerage Plan detail - This plan suits newbies as the brokerage is fixed irrespective of the volume of trade. Call & Trade facility is free for first 20 calls. From the 21st call, Rs 20 per call is charged. Not suited for Option Trading as brokerage is really high for it.

Reliance Securities Brokerage Plan detail - This is online plan from Reliance Security. Its fix brokerage plan where you dont need any dealer support.

Brokerage Charges - Compare Kotak Securities with Reliance Securities
Brokerage Charges Compare Kotak Securities Reliance Securities
Plan Name Fixed Brokerage Trading Plan (Percentage Based) R-FIXED Online Trading Plan (Percentage Based)
Equity Delivery 0.49% or 49 paisa 0.4% or 40 paisa
Equity Intraday 0.049% or 5 paisa 0.04% or 4 paisa
Equity Futures 0.049% or 5 paisa 0.04% or 4 paisa
Equity Options Rs 300 Per Lot Rs 100 Per Lot
Currency Futures .02% or Rs. 10 per lot whichever is higher 0.04% or 4 paisa
Currency Options Rs 10 Per Lot Rs 100 Per Lot
Commodity Trading NA 0.04% or 4 paisa
Minimum Brokerage Rs 21 per executed order 5 paise per share
Hidden Charges No No
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade 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
SPAN Margin Calculator SPAN Margin Calculator for Kotak Securities SPAN Margin 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 NA 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 tradig. Margin Funding - Reliance Securities offers margin funding where Kotak Securities doesn't offers margin funding. NRI Trading - both brokers 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 No 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 link 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
  79 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 79 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 brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Reliance Securities offers trading options in Commodity (MCX) where Kotak Securities doesn't offer. Online Mutual Fund Investment - both brokers 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 No 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
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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 broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle 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) is placed an compulsory stop loss and this is a 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 its cleare 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 higher margin in bracket order as you are limiting your losses. After-market Orders (AMO)- both offers AMO facility. The orders are send 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 Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Margin/Leverage

Compare Kotak Securities vs Reliance Securities on Margin/Leverage

Comapre Kotak Securities with Reliance Securities on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare Kotak Securities with Reliance Securities
Margin Product Compare Kotak Securities Reliance Securities
Equity Delivery Margin Kotak Securities vs Reliance Securities - Equity Delivery Margin Upto 5x via Margin Funding. Upto 4x via Margin Funding.
Equity Intraday Margin Kotak Securities vs Reliance Securities - Equity Intraday Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Upto 10x leverage for equity.
Futures Margin Kotak Securities vs Reliance Securities - Futures Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Upto 2x leverage for futures.
Options Margin Kotak Securities vs Reliance Securities - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Upto 2x margin for Options shorting, No leverage for option buying.
Equity CO Margin Kotak Securities vs Reliance Securities - Equity CO Margin Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple. Upto 15x margin/leverage in CO order for selected equity scripts.
Futures CO Margin Kotak Securities vs Reliance Securities - Futures CO Margin Upto 50x margin/leverage in CO via Super Multiple. Upto 15x margin/leverage in CO order for Futures contracts.
Options CO Margin Kotak Securities vs Reliance Securities - Options CO Margin Info Not Available Upto 15x margin/leverage in CO order for options Contracts Sell only.
Commodity Margin Kotak Securities vs Reliance Securities - Commodity Margin Info Not Available Complete SPAN is required.
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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 compare type of service offered by each broker for quick resoluation for queries/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 18002099191/1800222299/18002099292 022 39886000
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/faqs/Equity/equity-market-faqs https://www.5paisa.com/knowledge-centre
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 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. This section cover 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) Individual (Resident)-RESIDENT -Rs. 65 pm for upto 10 debit transactions. Rs.50 pm for 11 to 30 debit transactions. Rs. 35 pm for more than 30 debit transactions. (Plus applicable taxes) NRI-Rs.75/- pm Corporate (Resident)-Rs 100/- pm Corporate (NRI)-Rs.125/-pm AMC Charges for BSDA Account Rs. 100/- per annum (if DP value is more than Rs. 50,000/- and less than 2 lacs) Zero (if DP value is less than Rs. 50,000/-) AMC levied on monthly basis. BSDA-(Only for Individual having one demat account):-A)If Holding value at any date is not greater than Rs.50,000/- Nil charges B)If Holding value at any date between Rs. 50001/-toRs 200000/-Rs100.Regular Demat Account (non BSDA):A)For Individual /HUFs / Trust :-Accounts activated prior to Sep 01 2015-Rs. 300/- Accounts activated on or after Sep 01 2015-Rs.400/- B)For NRIs/Foreign Nationals:-Nil,C)For Corporate / Other Non Individuals:Rs 1000/,LifeTime Free AMC(NEW),For Individual/HUFs/Trust(refundable Deposit of Rs 2500/-)
Advance Deposit NA Nil
Statutory charges NA Nil
Transaction Charges on Debit (Per ISIN) Individual: For Regular ( Non BSDA Accounts ) On Market /Off Market 0.04% of the value of securities or Minimum Rs. 27(Plus CDSL charges as applicable + applicable taxes). For BSDA Accounts On Market /Off Market 0.06% of the value of securities or Minimum Rs. 44.50 (Plus CDSL charges as applicable + applicable taxes) Corporate :- On Market /Off Market 0.04% of the value of securities or Minimum Rs. 27(Plus CDSL charges as applicable + applicable taxes). For Instruction given in physical form:- Rs. 0.04% of Transaction value or minimum of Rs. 27/- per ISIN For Instruction received through Internet / online trading through Reliance Securities Ltd. Rs. 0.04% of Transaction value or minimum of Rs. 27/- per ISIN
Demat Individual Rs.3/- per certificate plus Rs. 50/- per request Corporate:- Rs.3/- per certificate plus RS. 50/- per request. Rs. 30/- per request extra Rs. 5/- for each certificate
Remat Individual Rs.10/- for 100 shares. Minimum Payable Rs. 15/- Corporate Rs.10/- for 100 shares Minimum Payable Rs. 15/- Rs.40/- for 100 securities or part thereof or a flat fee of Rs.25/- per certificate which ever is higher in addition to Regd. post charges, subject to minimum Rs.25/-.
Pledge Creation Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/- Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN
Pledge Creation Confirmation Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/- Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN
Pledge Closure Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/- Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN
Pledge Closure Confirmation Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/- Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN
Pledge Invocation Individual 0.04% of the value of securities Minimum Rs 30/- Corporate 0.04% of the value of securities Minimum Rs 30/- Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN
Failed Instruction Charges Nil Nil
Other Charges Nil Additional Account Statements for Individuals/HUFs/ Corporate Rs. 40/- per Statement. For NRI / Foreign Nationals Rs. 100/- per statement. Additional physical account statement for NRI/Foreign Nationals having corresponding address outside India. Rs. 1000/- per statement. Physical Statement (for BSDA client) Rs.25/- per statement.

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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 general features, advantages, disadvantages, pay out 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. Instance 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
  • 3 in 1 Account.
  • News and market updates, portfolio tracker, Research Reports, SMS Alerts.
  • Robust trading software KEAT Pro.
  • After Market Orders (AMO), good till cancel order (GTC) and Buy Now Sell Tomorrow.

Detail Review...

  • Big margin and option to pay within t+5 days.
  • Dedicated research team.
  • Site wide quote bar.

Detail Review...

Dislikes
  • Doesn't support commodity trading.
  • Hidden charges.
  • Minimum Brokerage charges.

Detail Review...

  • Commodity trading not available.
  • Not a 3 in 1 account.
  • Average customer service.
  • Lots of hidden charges.

Detail Review...

Special Offers/Promo Get Kotak Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquire about Kotak Securities Enquire about Reliance Securities

Last Updated on 2019-06-23T23:14:53+00:00







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