TopShareBrokers.com Logo
FREE Account Opening + No Clearing Fees + Rs 999 API Access
Loading...

Paytm Money Vs Reliance Securities: Which one is better?

The brokerage of Paytm Money Max Rs 10 per trade while the brokerage of Reliance Securities ranges between 0.04 - 0.4%. Paytm Money is a Discount Broker where Reliance Securities is a Full Service Broker. Paytm Money is having overall higher rating compare to Reliance Securities. Paytm Money 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 Paytm Money 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 Paytm Money 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 Paytm Money 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 Paytm Money 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 Paytm Money vs Reliance Securities on Service

  Paytm Money Compare
Paytm Money
Reliance Securities Compare
Reliance Securities
Overall Rating Rated 4 stars Rated 3.5 stars
Brokerage Charges Rated 4.5 stars Rated 3 stars
Trading Platform Rated 3.5 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? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE BSE, NSE
Active Clients 1,12,385 3,18,897
Broker Overview Best broker for free direct mutual fund investment, Zero brokerage delivery trading, and Rs. 10 flat brokerages on equity intraday and F&O trading through Paytm Money App and Web. 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 Request call back from Paytm Money Request call back from Reliance Securities
Expand

Account Opening Charges and AMC

Compare Paytm Money vs Reliance Securities on Trading & Demat Account Opening Charges

Comparison of Paytm Money with Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - Paytm Money offer Free account opening where Reliance Securities charges Rs 950 for account opening. Demat AMC charges - Paytm Money offer Free AMC for Demat account where Reliance Securities charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Paytm Money with Reliance Securities
Charges Paytm Money Reliance Securities
Trading Account Opening Fees Free Rs 950
Trading AMC Rs 300 PA Free
Demat Account Opening Fees Free Free
Demat AMC Free Rs 300 PA
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare Paytm Money vs Reliance Securities on Plan Options

Plans are the most important feature you look when compare Paytm Money with Reliance Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Reliance Securities provides Multiple Plans where Paytm Money doesn't offer Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Paytm Money with Reliance Securities on Plan Options
Plan Types Paytm Money Reliance Securities
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  Paytm Money Reliance Securities
Account Opening Request
Expand

Brokerage Charges

Compare Paytm Money vs Reliance Securities on Brokerage Charges

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas equity delivery trading and mutual fund investment with Paytm Money is absolutely free of cost.

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 Paytm Money with Reliance Securities
Brokerage Charges Compare Paytm Money Reliance Securities
Plan Name Flat Brokerage Plan R-FIXED Online Trading Plan (Percentage Based)
Equity Delivery Free 0.4% or 40 paisa
Equity Intraday Rs. 10 or 0.05% whichever is lower 0.04% or 4 paisa
Equity Futures Rs. 10 or 0.02% whichever is lower 0.04% or 4 paisa
Equity Options Flat Fee Rs 10 Rs 100 Per Lot
Currency Futures Rs. 10 or 0.02% whichever is lower 0.04% or 4 paisa
Currency Options Flat Fee Rs 10 Rs 100 Per Lot
Commodity Trading NA 0.04% or 4 paisa
Minimum Brokerage NIL 5 paise per share
Hidden Charges No No
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges Rs 300 per executed order Free First 20 call PM and Rs 20 their onwards.
Brokerage Calculator Brokerage Calculator for Paytm Money Brokerage Calculator for Reliance Securities
Expand

Share Broker's Transaction Charges

Compare Paytm Money vs Reliance Securities on Transaction Charges

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

Transaction Charges - Compare Paytm Money with Reliance Securities
Transaction Charges Compare Paytm Money 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 NA Rs 110 Per Cr
Currency Options NA Rs 4000 Per Cr
Commodity NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for paytm-money Complete Brokerage Plans for reliance-securities
Expand

Account Features

Compare Paytm Money vs Reliance Securities on Account Features

Compare Paytm Money with Reliance Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Reliance Securities offers a margin funding where Paytm Money doesn't offers margin funding. NRI Trading - Reliance Securities offers NRI where Paytm Money doesn't offers NRI Trading.

Account Features - Paytm Money with Reliance Securities
Account Features Compare Paytm Money Reliance Securities
3 in 1 Account No Paytm Money have 2-in-1 account. Only Demate and Trading account. No Paytm Money have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts No Yes
Online Demo No Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:10 PM 3:15PM
NRI Trading No Yes
Other Features NIL Mobile Application: Rmobile Xpress
Expand

Trading Platform

Compare Paytm Money vs Reliance Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Paytm Money 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 Paytm Money with Reliance Securities
Trading Platform Compare Paytm Money Reliance Securities
Desktop Trading Platform Paytm Money InstaXpress
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) Yes No
Web Trading Platform Yes Yes
Web Trading Detail Paytm Money Web http://tick.rsec.co.in/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Paytm Money App TICK PRO
Mobile Trading App Demo Info Not Available TICK PRO Demo
Android Mobile App Yes Yes
Android App Download Andriod Paytm Money App Download Andriod TICK PRO Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Paytm Money App Download iOS TICK PRO Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Rs. 300/- PA Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Paytm Money Equity Intraday and Delivery Brokerage Calculator for Reliance Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Paytm Money Futures Brokerage Calculator for Reliance Securities
Options Brokerage Calculator Options Brokerage Calculator for Paytm Money Options Brokerage Calculator for Reliance Securities
Detail Detail on Trading Platforms for paytm-money Detail on Trading Platforms for reliance-securities

Expand

Broker Ratings by Users

Compare Paytm Money vs Reliance Securities on User Rating

  Paytm Money Reliance Securities
  4 Customer Reviews    Rate Paytm Money 52 Customer Reviews    Rate Reliance Securities
Fees Ratings 3.8 3.5
Trading Brokerage Rating 4.5 3.4
Trading Platform Usability 3.0 3.3
Customer Service Ratings 3.5 3.4
Overall Ratings Rated 4.0 stars Rated 3.4 stars
Broker Rating Paytm Money is Rated 4.0 / 5 based on 4 customer reviews Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews
Expand

Investment Offerings

Compare Paytm Money vs Reliance Securities on Investment Offerings

Compare Paytm Money 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 - Reliance Securities offers trading options in Commodity (MCX) where Paytm Money doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Reliance Securities provides PMS Service where Paytm Money doesn't offer

Investment Offerings - Compare Paytm Money with Reliance Securities
Investment Offerings Compare Paytm Money 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 No Yes
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes Yes
PMS Service No Yes
Other Investment Options NPS and digital gold NIL
Expand

Order Types

Compare Paytm Money vs Reliance Securities on Order Types

Order Type - Compare Paytm Money 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- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Paytm Money with Reliance Securities
Order Type Compare Paytm Money 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 No No
Expand

Customer Service Offered

Compare Paytm Money vs Reliance Securities on Customer Service

Compare Paytm Money 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 Paytm Money with Reliance Securities
Customer Service Compare Paytm Money Reliance Securities
24/7 Customer Service Paytm Money vs Reliance Securities - 24x7 customer support No No
Email Support Paytm Money vs Reliance Securities - Email Support Yes Yes
Onine Live Chat Paytm Money vs Reliance Securities - Onine Live Chat No Yes
Phone Support Paytm Money vs Reliance Securities - Phone Support Yes Yes
Toll Free Number Paytm Money vs Reliance Securities - Toll Free Number No Yes
Through Branches Paytm Money vs Reliance Securities - Through Branches No Yes
Customer Care Number Paytm Money vs Reliance Securities - Customer Care Number 0120-4770-440 022 39886000
Account Opening Process Paytm Money vs Reliance Securities - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Paytm Money vs Reliance Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Paytm Money vs Reliance Securities - Knowledge Center/Education https://www.paytmmoney.com/blog/?utm_source=Social&utm_medium=Blog&utm_campaign=Launch https://www.5paisa.com/knowledge-centre
Head Office Address Paytm Money vs Reliance Securities - Head Office Address/Corporate Address Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website Paytm Money vs Reliance Securities - Company Website https://www.paytmmoney.com/ https://www.reliancesmartmoney.com
Expand

Tips/Research/Reports Published

Compare Paytm Money vs Reliance Securities on Research Reports, Tips

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

Research Reports - Compare Paytm Money with Reliance Securities
  Paytm Money Reliance Securities
Research Mutual Funds Paytm Money vs Reliance Securities - Research Mutual Funds No Yes
Research Equity Reports Paytm Money vs Reliance Securities - Research Equity Reports No Yes
Research ETF Paytm Money vs Reliance Securities - Research ETF No Yes
Daily Market Report Paytm Money vs Reliance Securities - Daily Market Report No Yes
Free Tips Paytm Money vs Reliance Securities - Free Tips No Yes
Quarterly Result Analysis Paytm Money vs Reliance Securities - Quarterly Results No Yes
News Alerts Paytm Money vs Reliance Securities - No Yes
Expand

Demat Account

Compare Paytm Money vs Reliance Securities on Demat Account

Compare Paytm Money with Reliance Securities on Demat Service and Charges. This section covers about demat charges, demat service and other details

Demat Charges - Compare Paytm Money with Reliance Securities
  Paytm Money Reliance Securities
DP Source CDSL CDSL
DP ID Paytm Money vs Reliance Securities - DP ID CDSL: 1208 41400
Demat Account Annual Maintenance Charges(AMC) Nil ₹300 pa
Advance Deposit Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹10 per ISIN 0.04% (Min ₹27) + CDSL charges
Demat ₹250 per 100 shares ₹5 per certificate + ₹30 request charges
Remat ₹250 for 100 shares ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges
Pledge Creation ₹32 per ISIN 0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation Nil 0.05% of transaction value (Min ₹30)
Pledge Closure ₹32 per ISIN 0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation Nil 0.05% of transaction value (Min ₹30)
Pledge Invocation ₹32 per ISIN 0.05% of transaction value (Min ₹30)
Failed Instruction Charges Nil Nil
Other Charges Nil Nil

Expand

Special Offers,Advantages,Disadvantages

Compare Paytm Money vs Reliance Securities on Special Offers and Promotion

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

Compare Paytm Money vs Reliance Securities on Special Offers and Promotion
  Paytm Money Reliance Securities
Pay In and Pay Out Options Paytm Money vs Reliance Securities - Pay In and Pay Out Options Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
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 Paytm Money vs Reliance Securities - Payout Time Max 24 hrs except bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges Paytm Money vs Reliance Securities - Bank Supported and Charges Paytm Money allows 190+ Banks. Info Not Available
Bank Detail Info Not Available RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Likes

Detail Review...

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

Detail Review...

Dislikes
  • A 3-in-1 Account is not available.
  • Platform Charges Rs. 300 per year.
  • High call & trade charges of Rs. 300 per executed order.
  • Paytm Money doesn’t offer commodity and currency trading services.
  • You cannot open an offline account with Paytm Money.
  • It only offers online services, thus, branch support is not available.
  • NRI can’t open an account with Paytm Money.
  • Margin funding and margin against share are not available.
  • Hidden Charges: Digital KYC Charges Rs 200 one time.

Detail Review...

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

Detail Review...

Special Offers/Promo Life Time Free Equity Delivery Trades + ₹0 account opening fee + ₹300 of free brokerage + Free Demat Account with Zero AMC
Enquiry Enquire for Paytm Money Enquire for Reliance Securities

Last Updated on 2021-12-23T05:59:14+00:00


Reference Topics