Compare 3 Brokers

TradePlusOnline Vs Reliance Securities: Which one is better?

The brokerage of TradePlusOnline Max Max Rs 9 per trade while the brokerage of Reliance Securities ranges between 0.04 - 0.4%. TradePlusOnline is a Discount Broker where Reliance Securities is a Full Service Broker. Overall rating for both the brokers are equal with rating 3.5 out of 5.

Here we present side-by-side comparison of TradePlusOnline 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 TradePlusOnline 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 TradePlusOnline vs Reliance Securities on Service

  TradePlusOnline Compare
TradePlusOnline
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? NSE, BSE, MCX BSE, NSE
Broker Overview TradePlus started as financial service Industry and move towards equity broker, Depository Participant, commodity broker and now to discount broker with 3T guiding principal - Transparency, Technology and Trust. 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 TradePlusOnline. 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 TradePlusOnline vs Reliance Securities on Trading & Demat Account Opening Charges

In this section we have compared TradePlusOnline with Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - TradePlusOnline charges Rs 199 for account opening where Reliance Securities charges Rs 950 for account opeing. Demat AMC charges - TradePlusOnline charges Rs 900 for 10 Yrs AMC for Demat account where Reliance Securities charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare TradePlusOnline with Reliance Securities
Charges TradePlusOnline Reliance Securities
Trading Account Opening Fees Rs 199 Rs 950
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 900 for 10 Yrs Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare TradePlusOnline vs Reliance Securities on Plan Options

Plans are the most important feature you look when compare TradePlusOnline 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 - TradePlusOnline provide Monthly Plans where Reliance Securities doesn't offer

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

Account Opening

  TradePlusOnline Reliance Securities
Account Opening Request
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Brokerage Charges

Compare TradePlusOnline vs Reliance Securities on Brokerage Charges

TradePlusOnline Brokerage Plan detail - TradePlus Flat Fee Plan Max Rs 9 Per Trade. This is the lowest brokerage plan offered by a discount broker. You will pay Max Rs 9 for trading in Equity Intraday, Derivatives, Currency and Commodity Trading. Equity Delivery trading is FREE.

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 TradePlusOnline with Reliance Securities
Brokerage Charges Compare TradePlusOnline Reliance Securities
Plan Name Flat Fee Plan R-FIXED Online Trading Plan (Percentage Based)
Equity Delivery Free 0.4% or 40 paisa
Equity Intraday 0.01% or Rs 9 whichever is lower 0.04% or 4 paisa
Equity Futures Flat Fee Rs 9 0.04% or 4 paisa
Equity Options Flat Fee Rs 9 Rs 100 Per Lot
Currency Futures Flat Fee Rs 9 0.04% or 4 paisa
Currency Options Flat Fee Rs 9 Rs 100 Per Lot
Commodity Trading Flat Fee Rs 9 0.04% or 4 paisa
Minimum Brokerage NIL 5 paise per share
Hidden Charges No No
Funding Yes - 24% interest PA Yes - 18% interest PA
Call & Trade Charges Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade Free First 20 call PM and Rs 20 their onwards.
Brokerage Calculator Brokerage Calculator for TradePlusOnline Brokerage Calculator for Reliance Securities
SPAN Margin Calculator SPAN Margin Calculator for TradePlusOnline SPAN Margin Calculator for Reliance Securities
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Share Broker's Transaction Charges

Compare TradePlusOnline vs Reliance Securities on Transaction Charges

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

Transaction Charges - Compare TradePlusOnline with Reliance Securities
Transaction Charges Compare TradePlusOnline Reliance Securities
Equity Delivery Rs 330 Per Cr Rs 325 Per Cr
Equity Intraday Rs 330 Per Cr Rs 325 Per Cr
Equity Futures Rs 350 Per Cr Rs 190 Per Cr
Equity Options Rs 7500 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 tradeplus Complete Brokerage Plans for reliance-securities
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Account Features

Compare TradePlusOnline vs Reliance Securities on Account Features

Compare TradePlusOnline 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 - TradePlusOnline offers Algo Trading where Reliance Securities doesn't offers Algo Trading. Margin Funding - both brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - both brokers provides NRI Trading facility.

Account Features - TradePlusOnline with Reliance Securities
Account Features Compare TradePlusOnline Reliance Securities
3 in 1 Account No TradePlusOnline have 2-in-1 account. Only Demate and Trading account. No TradePlusOnline have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio No 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 Charting & Tech Tools -YES - INFINI POWER - MCX and Equities Mobile Application: Rmobile Xpress
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Trading Platform

Compare TradePlusOnline vs Reliance Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w TradePlusOnline 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 TradePlusOnline with Reliance Securities
Trading Platform Compare TradePlusOnline Reliance Securities
Desktop Trading Platform NSE NOW,INFINI 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://infini.tradeplusonline.com/ 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 Tradeplus Mobile TICK PRO
Mobile Trading App Demo Tradeplus Mobile Demo TICK PRO Demo
Android Mobile App Yes Yes
Android App Download Andriod Tradeplus Mobile Download Andriod TICK PRO Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Tradeplus Mobile 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 TradePlusOnline Equity Intraday and Delivery Brokerage Calculator for Reliance Securities
Futures Brokerage Calculator Futures Brokerage Calculator for TradePlusOnline Futures Brokerage Calculator for Reliance Securities
Options Brokerage Calculator Options Brokerage Calculator for TradePlusOnline Options Brokerage Calculator for Reliance Securities
Detail Detail on Trading Platforms for tradeplus Detail on Trading Platforms for reliance-securities

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Broker Ratings by Users

Compare TradePlusOnline vs Reliance Securities on User Rating

  TradePlusOnline Reliance Securities
  25 Customer Reviews    Rate TradePlusOnline 52 Customer Reviews    Rate Reliance Securities
Fees Ratings 4.4 3.5
Trading Brokerage Rating 4.8 3.4
Trading Platform Usability 4.0 3.3
Customer Service Ratings 4.0 3.4
Overall Ratings Rated 4.2 stars Rated 3.4 stars
Broker Rating TradePlusOnline is Rated 4.2 / 5 based on 25 customer reviews Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews
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Investment Offerings

Compare TradePlusOnline vs Reliance Securities on Investment Offerings

Compare TradePlusOnline 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 - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - Reliance Securities provides PMS Service where TradePlusOnline doesn't offer

Investment Offerings - Compare TradePlusOnline with Reliance Securities
Investment Offerings Compare TradePlusOnline 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 No No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No Yes
PMS Service No Yes
Other Investment Options NIL NIL
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Order Types

Compare TradePlusOnline vs Reliance Securities on Order Types

Order Type - Compare TradePlusOnline 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- TradePlusOnline offers Good Till Cancelled (GTC) orders where Reliance Securities doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare TradePlusOnline with Reliance Securities
Order Type Compare TradePlusOnline 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 TradePlusOnline vs Reliance Securities on Margin/Leverage

Comapre TradePlusOnline 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 TradePlusOnline with Reliance Securities
Margin Product Compare TradePlusOnline Reliance Securities
Equity Delivery Margin TradePlusOnline vs Reliance Securities - Equity Delivery Margin Up to 4x leverage on Equity Delivery with Margin Funding. Upto 4x via Margin Funding.
Equity Intraday Margin TradePlusOnline vs Reliance Securities - Equity Intraday Margin Up to 10x leverage for equity. Upto 10x leverage for equity.
Futures Margin TradePlusOnline vs Reliance Securities - Futures Margin Up to 2x leverage for equity futures intraday. Upto 2x leverage for futures.
Options Margin TradePlusOnline vs Reliance Securities - Options Margin Up to 2x for Options Selling and no leverage on Options Buying. Upto 2x margin for Options shorting, No leverage for option buying.
Equity CO Margin TradePlusOnline vs Reliance Securities - Equity CO Margin Up to 40x leverage for equity CO. Upto 15x margin/leverage in CO order for selected equity scripts.
Futures CO Margin TradePlusOnline vs Reliance Securities - Futures CO Margin Up to 3.5x leverage on equity futures CO. Upto 15x margin/leverage in CO order for Futures contracts.
Options CO Margin TradePlusOnline vs Reliance Securities - Options CO Margin Info Not Available Upto 15x margin/leverage in CO order for options Contracts Sell only.
Commodity Margin TradePlusOnline vs Reliance Securities - Commodity Margin Up to 5x leverage on commodity futures. Complete SPAN is required.
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Customer Service Offered

Compare TradePlusOnline vs Reliance Securities on Customer Service

Compare TradePlusOnline 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 TradePlusOnline with Reliance Securities
Customer Service Compare TradePlusOnline Reliance Securities
24/7 Customer Service TradePlusOnline vs Reliance Securities - 24x7 customer support No No
Email Support TradePlusOnline vs Reliance Securities - Email Support Yes Yes
Onine Live Chat TradePlusOnline vs Reliance Securities - Onine Live Chat Yes Yes
Phone Support TradePlusOnline vs Reliance Securities - Phone Support Yes Yes
Toll Free Number TradePlusOnline vs Reliance Securities - Toll Free Number No Yes
Through Branches TradePlusOnline vs Reliance Securities - Through Branches No Yes
Customer Care Number TradePlusOnline vs Reliance Securities - Customer Care Number 044-49427576 / 044-28214171 022 39886000
Account Opening Process TradePlusOnline vs Reliance Securities - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email TradePlusOnline vs Reliance Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education TradePlusOnline vs Reliance Securities - Knowledge Center/Education http://support.tradeplusonline.com/support/solutions https://www.5paisa.com/knowledge-centre
Head Office Address TradePlusOnline vs Reliance Securities - Head Office Address/Corporate Address Tradeplus Online,
Ganga Griha 4th & 5 th Floor,
No.9 (old No. 6D)
Nungambakkam High Road
Nungambakkam
Chennai - 600 034
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website TradePlusOnline vs Reliance Securities - Company Website https://tradeplusonline.com https://www.reliancesmartmoney.com
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Tips/Research/Reports Published

Compare TradePlusOnline vs Reliance Securities on Research Reports, Tips

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

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

Compare TradePlusOnline vs Reliance Securities on Demat Account

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

Demat Charges - Compare TradePlusOnline with Reliance Securities
  TradePlusOnline Reliance Securities
DP Source NSDL CDSL
DP ID TradePlusOnline vs Reliance Securities - DP ID 86500 41400
Demat Account Annual Maintenance Charges(AMC) ₹900 for Ten Years ₹300 pa
Advance Deposit NIL Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value (Min ₹15 and Max ₹200) 0.04% (Min ₹27) + CDSL charges
Demat ₹50 up to five certificate (₹5 per additional certificate) ( Min ₹50) ₹5 per certificate + ₹30 request charges
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹50 request charges ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges
Pledge Creation ₹15 per transaction 0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation 0.02% of the value (Min ₹50) 0.05% of transaction value (Min ₹30)
Pledge Closure 0.02% of the value (Min ₹50) 0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation 0.02% of the value (Min ₹50) 0.05% of transaction value (Min ₹30)
Pledge Invocation 0.02% of the value (Min ₹50) 0.05% of transaction value (Min ₹30)
Failed Instruction Charges ₹15 Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare TradePlusOnline vs Reliance Securities on Special Offers and Promotion

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

Compare TradePlusOnline vs Reliance Securities on Special Offers and Promotion
  TradePlusOnline Reliance Securities
Pay In and Pay Out Options TradePlusOnline 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 TradePlusOnline Mobile, INFINI Desktop and INFINI Web application.Cheque payments Rs 15 per cheque.
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 TradePlusOnline vs Reliance Securities - Payout Time Upto 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges TradePlusOnline vs Reliance Securities - Bank Supported and Charges Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from TradePlusOnline trading platforms. Info Not Available
Bank Detail NAVIA MARKETS LIMITED,
Account Number:ZNACOMTPXXXXXXXX
Bank and Branch: INDUSIND BANK LIMITED, NUNGAMBAKKAM, CHENNAI
Account Type: Current Account
IFSC Code: INDB0000007
RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Likes
  • NRI Trading services.
  • Free delivery Trading.
  • Platform to trade in IPO, MF and Bonds.
  • Twitter enabled customer service.
  • data analytics platform, customized technical alert.
  • PAYTM integration & cashback.
  • Online IPO via [email protected] 100 Per application.
  • Lowest price plan for Intraday traders.

Detail Review...

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

Detail Review...

Dislikes
  • Additional charges for using "Infini-Power" the technical analysis tool.
  • Call n Trade charges are very high - Rs 75 per day or Rs 1000 PM.

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 Trading account opening for our visitors.
Enquiry Enquire about TradePlusOnline Enquire about Reliance Securities

Last Updated on 2019-08-01T06:21:02+00:00







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