Both the brokers are registered with SEBI. Upstox offers investmenet in Equity, F&O, Currency and Commodities, where Reliance Securities offers investment in Equity, F&O and Currency only. The brokerage of Upstox Max Rs 20 per trade while the brokerage of Reliance Securities ranges between 0.05 - 0.50%. Upstox is a Discount Broker where Reliance Securities is a Full Service Broker. Upstox is having overall higher rating compare to Reliance Securities. Upstox is rated 4.5 out of 5 where Reliance Securities is rated only 3.5 out of 5. Number of active customer for Reliance Securities is 38,64,087 where number of active customer for Upstox is 91,560. Reliance Securities is serving more customer compare to Upstox.
Here we present side-by-side comparison of Upstox 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 Upstox 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 Upstox 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 Upstox 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||NSE, BSE, MCX||NSE, BSE|
|Broker Overview||One of the best discount brokers in India 2023 with ₹20 flat brokerage charges, free mutual fund investment, fantastic feature-rich Upstox pro trading platform in web and app versions, and reliable customer service.||Open a Free Reliance Securities Demat Account today, and start online trading across segments on the advanced Robo insights technology powered Tick web, mobile app, and a desktop trading platform. Get the best stocks & mutual fund research & ...|
Comparison of Upstox with Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - Upstox charges Promotion offer: Free for account opening where Reliance Securities charges Rs 950 for account opening. Demat AMC charges - Upstox offer Free AMC for Demat account where Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account.
|Trading Account Opening Fees||Promotion offer: Free||Rs 950|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Free||Rs 400 PA| Rs. 2,500 (Lifetime Free AMC)|
|Provide DP Service|
Plans are the most important feature you look when compare Upstox with Reliance Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Reliance Securities provides Multiple Plans where Upstox doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Upstox||Reliance Securities|
|Account Opening Request|
Upstox Brokerage Plan detail - Equity Delivery Free and Rs 20 Per executable order for others
Reliance Securities Brokerage Plan detail - R-Fixed brokerage plan charges a fixed percentage of brokerage fee on trading across segments and also provides dedicated relationship manager services to help you take informed decisions based on fundamental and technical research reports.
|Brokerage Charges Compare||Upstox||Reliance Securities|
|Plan Name||Max Rs 20 Per Order Trading Plan||R-FIXED Online Brokerage Plan (Percentage Based)|
|Equity Delivery||2.5% or Rs 20 whichever is lower||0.50%|
|Equity Intraday||0.05% or Rs 20 whichever is lower||0.05%|
|Equity Futures||0.05% or Rs 20 whichever is lower||0.05%|
|Equity Options||Flat Fee Rs 20||Rs 100 Per Lot|
|Currency Futures||0.05% or Rs 20 whichever is lower||0.05%|
|Currency Options||Flat Fee Rs 20||Rs 100 Per Lot|
|Commodity Trading||Flat Fee Rs 20||Future: 0.05%| Options: Rs 100 per lot|
|Minimum Brokerage||NIL||5 paise per share|
|Hidden Charges||Info Not Available||No|
|Funding||Info Not Available||Yes - 18% interest PA|
|Call & Trade Charges||Rs 20 Per Executable Order||Rs 20 per call (Free First 20 call per month)|
|Auto Square off Charges||Rs 20 Per Executable Order||Free First 20 call PM and Rs 20 their onwards.|
|Brokerage Calculator||Brokerage Calculator for Upstox||Brokerage Calculator for Reliance Securities|
Compare Upstox with Reliance Securities on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Upstox||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 210 Per Cr||Rs 190 Per Cr|
|Equity Options||Rs 5500 Per Cr||Rs 5000 Per Cr|
|Currency Futures||Rs 150 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 upstox||Complete Brokerage Plans for reliance-securities|
Compare Upstox with Reliance Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 account where Reliance Securities offers only 2-in-1 account which includes trading and demat account. Algo Trading - Upstox offers Algo Trading where Reliance Securities doesn't offers Algo Trading. Margin Funding - Reliance Securities offers a margin funding where Upstox doesn't offers margin funding. NRI Trading - Reliance Securities offers NRI where Upstox doesn't offers NRI Trading.
|Account Features Compare||Upstox||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 Upstox 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||Upstox||Reliance Securities|
|Desktop Trading Platform||Upstox Pro||InstaXpress|
|Desktop Demo||Info Not Available||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://pro.upstox.com/||http://tick.rsec.co.in/|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||Upstox||TICK PRO|
|Mobile Trading App Demo||Upstox Demo||TICK PRO Demo|
|Android Mobile App|
|Android App Download||Andriod Upstox Download||Andriod TICK PRO Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Upstox 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 Upstox||Equity Intraday and Delivery Brokerage Calculator for Reliance Securities|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Upstox||Futures Brokerage Calculator for Reliance Securities|
|Options Brokerage Calculator||Options Brokerage Calculator for Upstox||Options Brokerage Calculator for Reliance Securities|
|Detail||Detail on Trading Platforms for upstox||Detail on Trading Platforms for reliance-securities|
|12 Customer Reviews||52 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Upstox is Rated 3.7 / 5 based on 12 customer reviews||Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews|
Compare Upstox 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 - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Reliance Securities provides PMS Service where Upstox doesn't offer
|Investment Offerings Compare||Upstox||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 Upstox 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||Upstox||Reliance Securities|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Upstox 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||Upstox||Reliance Securities|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||+91 22 6130 9999||022 41596000 | 022 62436000|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||Upstox Corporate Office
Senapati Bapat Marg,
Mumbai - 400 013
|Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Compare Upstox with Reliance Securities on research reports and tips provided by the broker.
Compare Upstox with Reliance Securities on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.
Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.
Demat AMC for Reliance Securities is ₹300 pa where for Upstox is ₹300 PA.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading â€“ when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.
Transaction charges on debit of ISIN for Upstox is ₹13 + ₹5.50 CDSL charges where for Reliance Securities is 0.04% (Min ₹27) + CDSL charges.You can see this charges on debit of Equity/Mutual Funds from your demat account.
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)||₹13 + ₹5.50 CDSL charges||0.04% (Min ₹27) + CDSL charges|
|Demat||₹20 + ₹50 courier charges||₹5 per certificate + ₹30 request charges|
|Remat||₹100 for every hundred securities or ₹25 per certificate (whichever is higher)||₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges|
|Pledge Creation||0.02% of the transaction value (Min ₹50) + CDSL charges||0.05% of transaction value (Min ₹30)|
|Pledge Creation Confirmation||0.02% of the transaction value (Min ₹50) + CDSL charges||0.05% of transaction value (Min ₹30)|
|Pledge Closure||0.02% of the transaction value (Min ₹50) + CDSL charges||0.05% of transaction value (Min ₹30)|
|Pledge Closure Confirmation||0.02% of the transaction value (Min ₹50) + CDSL charges||0.05% of transaction value (Min ₹30)|
|Pledge Invocation||0.05% of the transaction value (Min ₹50)||0.05% of transaction value (Min ₹30)|
|Failed Instruction Charges||₹50||Nil|
Compare Upstox 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 funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-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||Max 24 hrs except bank holidays||Max 24 hrs except bank holidays|
|Bank Supported and Charges||Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service.||Info Not Available|
|Bank Detail||HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
|RELIANCE SECURITIES LTD
|Special Offers/Promo||Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs|
|Enquiry||Open Zerodha Account Now>>||Open Upstox Account Now>>|
Last Updated on 2023-01-16T04:23:11+00:00
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