Compare 3 Brokers

TradeSmart Vs Reliance Securities: Which one is better?

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.

Compare TradeSmart vs Reliance Securities on Service

  TradeSmart Compare
TradeSmart
Reliance Securities Compare
Reliance Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? 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.
Broker Enquiry Open an Online Trading Account with TradeSmart. 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 TradeSmart vs Reliance Securities on Trading & Demat Account Opening Charges

In this section we have compared 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 opeing. Demat AMC charges - Both brokers charges Rs 300 PA AMC for Demat Account.

Trading & Demat Account Opening Charges - Compare TradeSmart with Reliance Securities
Charges TradeSmart Reliance Securities
Trading Account Opening Fees Rs 200 Rs 950
Trading AMC Free Free
Demat Account Opening Fees Rs 200 Free
Demat AMC Rs 300 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare TradeSmart vs Reliance Securities on Plan Options

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

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

Account Opening

  TradeSmart Reliance Securities
Account Opening Request
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Brokerage Charges

Compare TradeSmart vs Reliance Securities on Brokerage Charges

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 with Reliance Securities
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
Hidden Charges No No
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
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Share Broker's Transaction Charges

Compare TradeSmart vs Reliance Securities on Transaction Charges

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

Transaction Charges - Compare TradeSmart with Reliance Securities
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
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Account Features

Compare TradeSmart vs Reliance Securities on Account Features

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 margin funding where TradeSmart doesn't offers margin funding. NRI Trading - Reliance Securities offers NRI where TradeSmart doesn't offers NRI Trading.

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

Compare TradeSmart vs Reliance Securities on Trading Platform

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 link for mobile app to download and demo links for easy access.

Trading Platform - Compare TradeSmart with Reliance Securities
Trading Platform Compare TradeSmart Reliance Securities
Desktop Trading Platform NEST Trader & Fox Trader 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://sine.tradesmartonline.in/userMaster/login 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 Sine TICK PRO
Mobile Trading App Demo Sine Demo TICK PRO Demo
Android Mobile App Yes Yes
Android App Download Andriod Sine Download Andriod TICK PRO Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Sine Download iOS TICK PRO Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
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

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Broker Ratings by Users

Compare TradeSmart vs Reliance Securities on User Rating

  TradeSmart Reliance Securities
  34 Customer Reviews    Rate TradeSmart 52 Customer Reviews    Rate Reliance Securities
Fees Ratings 3.9 3.5
Trading Brokerage Rating 4.4 3.4
Trading Platform Usability 3.7 3.3
Customer Service Ratings 4.0 3.4
Overall Ratings Rated 4.0 stars Rated 3.4 stars
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
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Investment Offerings

Compare TradeSmart vs Reliance Securities on Investment Offerings

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 brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - both brokers 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 with Reliance Securities
Investment Offerings Compare TradeSmart Reliance Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds No Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment No Yes
Equity SIP Investment No Yes
PMS Service No Yes
Other Investment Options NIL NIL
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Order Types

Compare TradeSmart vs Reliance Securities on Order Types

Order Type - Compare TradeSmart 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- both brokers doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare TradeSmart with Reliance Securities
Order Type Compare TradeSmart 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 No No
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Margin/Leverage

Compare TradeSmart vs Reliance Securities on Margin/Leverage

Comapre TradeSmart 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 TradeSmart with Reliance Securities
Margin Product Compare TradeSmart Reliance Securities
Equity Delivery Margin TradeSmart vs Reliance Securities - Equity Delivery Margin Up to 1x Margin on Equity Delivery. Upto 4x via Margin Funding.
Equity Intraday Margin TradeSmart vs Reliance Securities - Equity Intraday Margin Up to 10x leverage for equity intraday. Upto 10x leverage for equity.
Futures Margin TradeSmart vs Reliance Securities - Futures Margin Up to 3x leverage for equity futures intraday (MIS). Upto 2x leverage for futures.
Options Margin TradeSmart vs Reliance Securities - Options Margin Up to 3x for Index options selling, no leverage on options buying. Upto 2x margin for Options shorting, No leverage for option buying.
Equity CO Margin TradeSmart vs Reliance Securities - Equity CO Margin Up to 30x leverage for equity CO. Upto 15x margin/leverage in CO order for selected equity scripts.
Futures CO Margin TradeSmart vs Reliance Securities - Futures CO Margin Up to 7x leverage on equity/Index futures CO. Upto 15x margin/leverage in CO order for Futures contracts.
Options CO Margin TradeSmart vs Reliance Securities - Options CO Margin Up to 7x leverage on options selling and 1.33x for options buying via CO. Upto 15x margin/leverage in CO order for options Contracts Sell only.
Commodity Margin TradeSmart vs Reliance Securities - Commodity Margin Up to 2x on commodity MIS, and up to 6x for CO. Complete SPAN is required.
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Customer Service Offered

Compare TradeSmart vs Reliance Securities on Customer Service

Compare TradeSmart 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 TradeSmart with Reliance Securities
Customer Service Compare TradeSmart Reliance Securities
24/7 Customer Service TradeSmart vs Reliance Securities - 24x7 customer support No No
Email Support TradeSmart vs Reliance Securities - Email Support Yes Yes
Onine Live Chat TradeSmart vs Reliance Securities - Onine Live Chat Yes Yes
Phone Support TradeSmart vs Reliance Securities - Phone Support Yes Yes
Toll Free Number TradeSmart vs Reliance Securities - Toll Free Number No Yes
Through Branches TradeSmart vs Reliance Securities - Through Branches No Yes
Customer Care Number TradeSmart vs Reliance Securities - Customer Care Number 022 61208000/42878000 022 39886000
Account Opening Process TradeSmart vs Reliance Securities - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email TradeSmart vs Reliance Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education TradeSmart vs Reliance Securities - Knowledge Center/Education https://help.tradesmartonline.in/ https://www.5paisa.com/knowledge-centre
Head Office Address TradeSmart vs Reliance Securities - Head Office Address/Corporate Address Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website TradeSmart vs Reliance Securities - Company Website https://tradesmartonline.in/ https://www.reliancesmartmoney.com
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Tips/Research/Reports Published

Compare TradeSmart vs Reliance Securities on Research Reports, Tips

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

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

Compare TradeSmart vs Reliance Securities on Demat Account

Compare TradeSmart with Reliance Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare TradeSmart with Reliance Securities
  TradeSmart Reliance Securities
DP Source CDSL CDSL
DP ID TradeSmart vs Reliance Securities - DP ID 30400 41400
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹300 pa
Advance Deposit NIL Nil
Statutory charges Nil Nil
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
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare TradeSmart vs Reliance Securities on Special Offers and Promotion

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

Compare TradeSmart vs Reliance Securities on Special Offers and Promotion
  TradeSmart Reliance Securities
Pay In and Pay Out Options TradeSmart vs Reliance Securities - 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 TradeSmart vs Reliance Securities - Payout Time Up to 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges TradeSmart vs Reliance Securities - 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.,
Account Number:VNS095XXXXXXX
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Likes
  • Time saver live-chat service with customers to resolve their queries.
  • Fair trading margins available for trading in currency and commodity.
  • Support “Offer for Sale” (OFS).
  • NEST, one of the proven desktop trading platforms.

Detail Review...

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

Detail Review...

Dislikes
  • Lacking in-house research.
  • No online process to invest in IPO, FPO, Buyback.
  • Mutual Funds investment option is not available.
  • The process is not defined for NRI customers.
  • In-house trading platforms are missing.

Detail Review...

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

Detail Review...

Special Offers/Promo Free Account Opening, Rs 400 Waived for a limited time.
Enquiry Enquire about TradeSmart Enquire about Reliance Securities

Last Updated on 2019-07-23T02:08:46+00:00







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