The brokerage of TradeSmart Max Rs 15 per trade while the brokerage of Reliance Securities ranges between 0.04 - 0.4%. TradeSmart is a Discount Broker where Reliance Securities is a Full Service Broker. TradeSmart is having overall higher rating compare to Reliance Securities. TradeSmart 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 TradeSmart 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 TradeSmart 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 TradeSmart 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 TradeSmart vs Reliance Securities's on
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.
|Broker Type||Discount Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX||BSE, NSE|
|Broker Overview||TradeSmart, on the whole, provides clients a well-rounded offering worth being a client for, especially with its mix of brokerage plan choice (flat fee or percentage based), secure & fast trading tools and active customer support.||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.|
Comparison of TradeSmart with Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - TradeSmart charges Rs 200 for account opening where Reliance Securities charges Rs 950 for account opening. Demat AMC charges - Both broker charge Rs 300 PA AMC for Demat Account.
|Trading Account Opening Fees||Rs 200||Rs 950|
|Demat Account Opening Fees||Rs 200||Free|
|Demat AMC||Rs 300 PA||Rs 300 PA|
|Provide DP Service|
Plans are the most important feature you look when compare TradeSmart 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.
|Plan Types||TradeSmart||Reliance Securities|
|Account Opening Request|
TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.
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||TradeSmart||Reliance Securities|
|Plan Name||Flat Fee Rs 15 Trading Plan (Power Plan)||R-FIXED Online Trading Plan (Percentage Based)|
|Equity Delivery||Flat Fee Rs 15||0.4% or 40 paisa|
|Equity Intraday||Flat Fee Rs 15||0.04% or 4 paisa|
|Equity Futures||Flat Fee Rs 15||0.04% or 4 paisa|
|Equity Options||Flat Fee Rs 15||Rs 100 Per Lot|
|Currency Futures||Flat Fee Rs 15||0.04% or 4 paisa|
|Currency Options||Flat Fee Rs 15||Rs 100 Per Lot|
|Commodity Trading||Flat Fee Rs 15||0.04% or 4 paisa|
|Minimum Brokerage||NIL||5 paise per share|
|Funding||No||Yes - 18% interest PA|
|Call & Trade Charges||Rs 20 per executed Order||Free First 20 call PM and Rs 20 their onwards.|
|Brokerage Calculator||Brokerage Calculator for TradeSmart||Brokerage Calculator for Reliance Securities|
|SPAN Margin Calculator||SPAN Margin Calculator for TradeSmart||SPAN Margin Calculator for Reliance Securities|
Compare TradeSmart with Reliance Securities on transaction charges and PCM fee by segment.
|Transaction Charges Compare||TradeSmart||Reliance Securities|
|Equity Delivery||Rs 350 Per Cr||Rs 325 Per Cr|
|Equity Intraday||Rs 350 Per Cr||Rs 325 Per Cr|
|Equity Futures||Rs 240 Per Cr||Rs 190 Per Cr|
|Equity Options||Rs 7150 Per Cr||Rs 5000 Per Cr|
|Currency Futures||Rs 165 Per Cr||Rs 110 Per Cr|
|Currency Options||Rs 6000 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 trade-smart-online||Complete Brokerage Plans for reliance-securities|
Compare TradeSmart 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 - TradeSmart offers Algo Trading where Reliance Securities doesn't offers Algo Trading. Margin Funding - Reliance Securities offers a margin funding where TradeSmart doesn't offers margin funding. NRI Trading - Reliance Securities offers NRI where TradeSmart doesn't offers NRI Trading.
|Account Features Compare||TradeSmart||Reliance Securities|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
|Other Features||NIL||Mobile Application: Rmobile Xpress|
With our expert research team, we have compared all the major features of Trading platform b/w TradeSmart 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||TradeSmart||Reliance Securities|
|Desktop Trading Platform||NEST Trader & Fox Trader||InstaXpress|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://sine.tradesmartonline.in/userMaster/login||http://tick.rsec.co.in/|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||Sine||TICK PRO|
|Mobile Trading App Demo||Sine Demo||TICK PRO Demo|
|Android Mobile App|
|Android App Download||Andriod Sine Download||Andriod TICK PRO Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Sine Download||iOS TICK PRO Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for TradeSmart||Equity Intraday and Delivery Brokerage Calculator for Reliance Securities|
|Futures Brokerage Calculator||Futures Brokerage Calculator for TradeSmart||Futures Brokerage Calculator for Reliance Securities|
|Options Brokerage Calculator||Options Brokerage Calculator for TradeSmart||Options Brokerage Calculator for Reliance Securities|
|Detail||Detail on Trading Platforms for trade-smart-online||Detail on Trading Platforms for reliance-securities|
|34 Customer Reviews||52 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||TradeSmart is Rated 4.0 / 5 based on 34 customer reviews||Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews|
Compare TradeSmart 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 - Reliance Securities offers online mutual fund investment option where TradeSmart doesn't offer. Portfolio Management Services (PMS) - Reliance Securities provides PMS Service where TradeSmart doesn't offer
|Investment Offerings Compare||TradeSmart||Reliance Securities|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare TradeSmart 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 Type Compare||TradeSmart||Reliance Securities|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare TradeSmart with Reliance Securities on Exposure/Margin offered by the broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.
|Margin Product Compare||TradeSmart||Reliance Securities|
|Equity Delivery Margin||No Margin/Leverage for Equity Delivery.||Upto 4x via Margin Funding.|
|Equity Intraday Margin||Up to 10x leverage for equity MIS orders.||Upto 10x leverage for equity.|
|Futures Margin||Up to 3x leverage for futures.||Upto 2x leverage for futures.|
|Options Margin||Up to 3x exposure for Options shorting, No leverage for option buying.||Upto 2x margin for Options shorting, No leverage for option buying.|
|Equity CO Margin||Upto 30x margin/leverage in CO order for selected equity scripts and up to 7x for Index Futures.||Upto 15x margin/leverage in CO order for selected equity scripts.|
|Futures CO Margin||Upto 33x margin/leverage in CO order for Futures contracts.||Upto 15x margin/leverage in CO order for Futures contracts.|
|Options CO Margin||Upto 7x margin/leverage in CO order for Options Selling only and 1.33x for Options Buying.||Upto 15x margin/leverage in CO order for options Contracts Sell only.|
|Commodity Margin||Up to 2x on MCX MIS, and Up to 6x for MCX CO.||Complete SPAN is required.|
Compare TradeSmart 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 Service Compare||TradeSmart||Reliance Securities|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||022 61208000/42878000||022 39886000|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||Trade Smart Online,
Marol Maroshi Road,
Mumbai, MH 400059
|Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Compare TradeSmart with Reliance Securities on research reports and tips provided by the broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare TradeSmart with Reliance Securities on Demat Service and Charges. This section covers about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹300 pa||₹300 pa|
|Transaction Charges on Debit (Per ISIN)||₹25||0.04% (Min ₹27) + CDSL charges|
|Demat||₹500 per certificate (Min ₹500 per request)||₹5 per certificate + ₹30 request charges|
|Remat||₹500 per certificate (Min ₹500 per request)||₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges|
|Pledge Creation||₹200 per script
₹50 for trading margin each side
|0.05% of transaction value (Min ₹30)|
|Pledge Creation Confirmation||Nil||0.05% of transaction value (Min ₹30)|
|Pledge Closure||₹200 per script||0.05% of transaction value (Min ₹30)|
|Pledge Closure Confirmation||Nil||0.05% of transaction value (Min ₹30)|
|Pledge Invocation||₹200 per script||0.05% of transaction value (Min ₹30)|
|Failed Instruction Charges||Nil||Nil|
Compare TradeSmart with Reliance Securities on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SIGN Mobile, SIGN Web and NEST Software.
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||Up to 24 Hrs except Bank Holidays.||Max 24 hrs except bank holidays|
|Bank Supported and Charges||Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms.||Info Not Available|
|Bank Detail||VNS Finance and Capital Services Ltd.,
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
|RELIANCE SECURITIES LTD
|Special Offers/Promo||Free Account Opening, Rs 400 Waived for a limited time.|
|Enquiry||Enquire about TradeSmart||Enquire about Reliance Securities|
Last Updated on 2020-01-06T23:34:41+00:00