Compare 3 Brokers

Upstox Vs Reliance Securities: Which one is better?

The brokerage of Upstox Max Rs 20 per trade while the brokerage of Reliance Securities ranges between 0.04 - 0.4%. 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.

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.

Compare Upstox vs Reliance Securities on Service

  Upstox Compare
Upstox
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 BSE, NSE
Broker Overview From innovative tools to free trade opportunity to education and prioritizing customer service, Upstox, the cheapest stock broker provides clients everything they need and more to succeed in Indian share market. 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 Upstox. 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 Upstox vs Reliance Securities on Trading & Demat Account Opening Charges

In this section we have compared Upstox with Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - Upstox charges Rs 150 Equity/ Rs 150 Commodity for account opening where Reliance Securities charges Rs 950 for account opeing. Demat AMC charges - Upstox charges Rs 150 PA (Waived for 1st year) AMC for Demat account where Reliance Securities charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Upstox with Reliance Securities
Charges Upstox Reliance Securities
Trading Account Opening Fees Rs 150 Equity/ Rs 150 Commodity Rs 950
Trading AMC Free Free
Demat Account Opening Fees Rs 150 Free
Demat AMC Rs 150 PA (Waived for 1st year) Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Upstox vs Reliance Securities on Plan Options

Plans are the most important feature you look when compare Upstox 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 Upstox with Reliance Securities on Plan Options
Plan Types Upstox Reliance Securities
Multiple Plans Yes Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Upstox Reliance Securities
Account Opening Request
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Brokerage Charges

Compare Upstox vs Reliance Securities on Brokerage Charges

Upstox Brokerage Plan detail - Equity Delivery Free and Rs 20 Per executable order for others

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 Upstox with Reliance Securities
Brokerage Charges Compare Upstox Reliance Securities
Plan Name Max Rs 20 Per Order Trading Plan R-FIXED Online Trading Plan (Percentage Based)
Equity Delivery Free 0.4% or 40 paisa
Equity Intraday 0.01% or Rs 20 whichever is lower 0.04% or 4 paisa
Equity Futures Flat Fee Rs 20 0.04% or 4 paisa
Equity Options Flat Fee Rs 20 Rs 100 Per Lot
Currency Futures Flat Fee Rs 20 0.04% or 4 paisa
Currency Options Flat Fee Rs 20 Rs 100 Per Lot
Commodity Trading Flat Fee Rs 20 0.04% or 4 paisa
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 Free First 20 call PM and Rs 20 their onwards.
Brokerage Calculator Brokerage Calculator for Upstox Brokerage Calculator for Reliance Securities
SPAN Margin Calculator SPAN Margin Calculator for Upstox SPAN Margin Calculator for Reliance Securities
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Share Broker's Transaction Charges

Compare Upstox vs Reliance Securities on Transaction Charges

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

Transaction Charges - Compare Upstox with Reliance Securities
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
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Account Features

Compare Upstox vs Reliance Securities on Account Features

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 - both the brokers offers 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 margin funding where Upstox doesn't offers margin funding. NRI Trading - both brokers provides NRI Trading facility.

Account Features - Upstox with Reliance Securities
Account Features Compare Upstox Reliance Securities
3 in 1 Account No Upstox have 2-in-1 account. Only Demate and Trading account. No Upstox 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 Yes 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 Yes Yes
Other Features NIL Mobile Application: Rmobile Xpress
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Trading Platform

Compare Upstox vs Reliance Securities on Trading Platform

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

Trading Platform - Compare Upstox with Reliance Securities
Trading Platform Compare Upstox Reliance Securities
Desktop Trading Platform DartStock/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://pro.upstox.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 Upstox TICK PRO
Mobile Trading App Demo Upstox Demo TICK PRO Demo
Android Mobile App Yes Yes
Android App Download Andriod Upstox Download Andriod TICK PRO Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Upstox 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 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

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Broker Ratings by Users

Compare Upstox vs Reliance Securities on User Rating

  Upstox Reliance Securities
  8 Customer Reviews    Rate Upstox 52 Customer Reviews    Rate Reliance Securities
Fees Ratings 3.3 3.5
Trading Brokerage Rating 3.8 3.4
Trading Platform Usability 3.3 3.3
Customer Service Ratings 3.1 3.4
Overall Ratings Rated 3.3 stars Rated 3.4 stars
Broker Rating Upstox is Rated 3.3 / 5 based on 8 customer reviews Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews
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Investment Offerings

Compare Upstox vs Reliance Securities on Investment Offerings

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 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 Upstox doesn't offer

Investment Offerings - Compare Upstox with Reliance Securities
Investment Offerings Compare Upstox Reliance Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes 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 Upstox vs Reliance Securities on Order Types

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

Comapre Upstox 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 Upstox with Reliance Securities
Margin Product Compare Upstox Reliance Securities
Equity Delivery Margin Upstox vs Reliance Securities - Equity Delivery Margin No Margin/Leverage for Equity Delivery. Upto 4x via Margin Funding.
Equity Intraday Margin Upstox vs Reliance Securities - Equity Intraday Margin Up to 15x for Equity Intraday in Base Plan, Up to 20x on Priority Plan. Upto 10x leverage for equity.
Futures Margin Upstox vs Reliance Securities - Futures Margin Up to 4x for Index/Stock future (of NRML Margin), Priority Plan - up to 5x for Index and 4x for Stocks. Upto 2x leverage for futures.
Options Margin Upstox vs Reliance Securities - Options Margin Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan - up to 5x for Index and 4x for Stock Options.No leverage on Options Buying. Upto 2x margin for Options shorting, No leverage for option buying.
Equity CO Margin Upstox vs Reliance Securities - Equity CO Margin Up to 20x for NSE/BSE Cash in Base Plan, Up to 25x on Priority Plan. Upto 15x margin/leverage in CO order for selected equity scripts.
Futures CO Margin Upstox vs Reliance Securities - Futures CO Margin Up to 4x for Index/Stock (of NRML Margin) future, Priority Plan - up to 7x for Index and 6x for Stocks. Upto 15x margin/leverage in CO order for Futures contracts.
Options CO Margin Upstox vs Reliance Securities - Options CO Margin Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan(PP) - up to 5x for Index and 4x for Stock Options, No leverage on Options Buying. Upto 15x margin/leverage in CO order for options Contracts Sell only.
Commodity Margin Upstox vs Reliance Securities - Commodity Margin Up to 2.5x MIS Margin of SPAN, 3x for Priority Pack, Complete SPAN is required for carry forward positions. Complete SPAN is required.
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Customer Service Offered

Compare Upstox vs Reliance Securities on Customer Service

Compare Upstox 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 Upstox with Reliance Securities
Customer Service Compare Upstox Reliance Securities
24/7 Customer Service Upstox vs Reliance Securities - 24x7 customer support No No
Email Support Upstox vs Reliance Securities - Email Support Yes Yes
Onine Live Chat Upstox vs Reliance Securities - Onine Live Chat Yes Yes
Phone Support Upstox vs Reliance Securities - Phone Support Yes Yes
Toll Free Number Upstox vs Reliance Securities - Toll Free Number No Yes
Through Branches Upstox vs Reliance Securities - Through Branches Yes Yes
Customer Care Number Upstox vs Reliance Securities - Customer Care Number +91 22 6130 9999 022 39886000
Account Opening Process Upstox vs Reliance Securities - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Upstox vs Reliance Securities - Customer Support Email [email protected]  [email protected]
Knowledge Center/Education Upstox vs Reliance Securities - Knowledge Center/Education https://upstox.com/help-center/ https://www.5paisa.com/knowledge-centre
Head Office Address Upstox vs Reliance Securities - Head Office Address/Corporate Address Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website Upstox vs Reliance Securities - Company Website https://upstox.com/ https://www.reliancesmartmoney.com
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Tips/Research/Reports Published

Compare Upstox vs Reliance Securities on Research Reports, Tips

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

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

Compare Upstox vs Reliance Securities on Demat Account

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

Demat Charges - Compare Upstox with Reliance Securities
  Upstox Reliance Securities
DP Source CDSL CDSL
DP ID Upstox vs Reliance Securities - DP ID 81800 41400
Demat Account Annual Maintenance Charges(AMC) Rs. 300/- per annum. AMC levied on monthly basis. BSDA-(Only for Individual having one demat account):-A)If Holding value at any date is not greater than Rs.50,000/- Nil charges B)If Holding value at any date between Rs. 50001/-toRs 200000/-Rs100.Regular Demat Account (non BSDA):A)For Individual /HUFs / Trust :-Accounts activated prior to Sep 01 2015-Rs. 300/- Accounts activated on or after Sep 01 2015-Rs.400/- B)For NRIs/Foreign Nationals:-Nil,C)For Corporate / Other Non Individuals:Rs 1000/,LifeTime Free AMC(NEW),For Individual/HUFs/Trust(refundable Deposit of Rs 2500/-)
Advance Deposit NIL Nil
Statutory charges NIL Nil
Transaction Charges on Debit (Per ISIN) Rs.8/- plus Rs.5.50/- (CDSL charges) per scrip. For Instruction given in physical form:- Rs. 0.04% of Transaction value or minimum of Rs. 27/- per ISIN For Instruction received through Internet / online trading through Reliance Securities Ltd. Rs. 0.04% of Transaction value or minimum of Rs. 27/- per ISIN
Demat Rs 2.00 per certificate plus courier charges of Rs. 35/- per demat request for every 500 gms. Rs. 30/- per request extra Rs. 5/- for each certificate
Remat Rs. 25/- per certificate or 0.05% of the value whichever is higher. Rs.40/- for 100 securities or part thereof or a flat fee of Rs.25/- per certificate which ever is higher in addition to Regd. post charges, subject to minimum Rs.25/-.
Pledge Creation 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual. Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN
Pledge Creation Confirmation 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual. Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN
Pledge Closure 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual. Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN
Pledge Closure Confirmation 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual. Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN
Pledge Invocation 0.05% of the transaction charges subject to a minimum of Rs. 50/- Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN
Failed Instruction Charges Rs. 50/- per transaction. Nil
Other Charges Demat Rejection Charges: Rs. 35/- per rejection for every 500 gms. Adhoc / Non periodic statement requests: Adhoc statement requests: - Rs. 25/- (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs. 10/- plus courier / postage charges. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers. Additional Account Statements for Individuals/HUFs/ Corporate Rs. 40/- per Statement. For NRI / Foreign Nationals Rs. 100/- per statement. Additional physical account statement for NRI/Foreign Nationals having corresponding address outside India. Rs. 1000/- per statement. Physical Statement (for BSDA client) Rs.25/- per statement.

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Special Offers,Advantages,Disadvantages

Compare Upstox vs Reliance Securities on Special Offers and Promotion

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

Compare Upstox vs Reliance Securities on Special Offers and Promotion
  Upstox Reliance Securities
Pay In and Pay Out Options Upstox vs Reliance Securities - 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 Upstox vs Reliance Securities - Payout Time Max 24 hrs except bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges Upstox vs Reliance Securities - 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
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Likes
  • Low cost brokerage structure.
  • Upstox branches available in Delhi, Mumbai, Pune and Ahmedabad.
  • After Market Order (AMO), Cover Order and BO are available on both web and mobile.

Detail Review...

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

Detail Review...

Dislikes
  • Upstox doesn't provide tips and recommendations.
  • Algo-trading facility is not available.
  • Margin funding and margin against shares is not available.
  • Doesn't provide facility to online invest in IPO via Upstox Trading website/app.

Detail Review...

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

Detail Review...

Special Offers/Promo 100% refundable account opening fee as brokerage cashback, Zero charges for equity delivery trades, Flat Rs 20 for equity intraday, F&O, currency and commodities trades.
Enquiry Enquire about Upstox Enquire about Reliance Securities

Last Updated on 2019-06-27T00:43:21+00:00







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