Compare 3 Brokers

Zerodha Vs Reliance Securities: Which one is better?

The brokerage of Zerodha Max Rs 20 per trade while the brokerage of Reliance Securities ranges between 0.04 - 0.4%. Zerodha is a Discount Broker where Reliance Securities is a Full Service Broker. Zerodha is having overall higher rating compare to Reliance Securities. Zerodha 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 Zerodha 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 Zerodha 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 Zerodha 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 Zerodha 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
  • Investment Options
  • And many more attributes

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.

Compare Zerodha vs Reliance Securities on Service

  Zerodha Compare
Zerodha
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 and MCX BSE, NSE
Active Clients 1,25,472 43,04,501
Broker Overview Pioneer of Rs. 20 flat brokerage model, free delivery trading, best Kite trading platform, and the first broker to launch Coin - Free Direct MF platform. 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 Zerodha. 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 Zerodha vs Reliance Securities on Trading & Demat Account Opening Charges

Comparison of Zerodha with Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - Zerodha charges Online Rs 200 (T+D), Rs 300 (T+D+C). Offline Rs 400 (T+D), Rs 600 (T+D+C). T*Trading, D*Demat, C*Commodity 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 & Demat Account Opening Charges - Compare Zerodha with Reliance Securities
Charges Zerodha Reliance Securities
Trading Account Opening Fees Online Rs 200 (T+D), Rs 300 (T+D+C). Offline Rs 400 (T+D), Rs 600 (T+D+C). T*Trading, D*Demat, C*Commodity Rs 950
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Zerodha vs Reliance Securities on Plan Options

Plans are the most important feature you look when compare Zerodha with Reliance Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Reliance Securities provides Multiple Plans where Zerodha doesn't offer Monthly Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  Zerodha Reliance Securities
Account Opening Request
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Brokerage Charges

Compare Zerodha vs Reliance Securities on Brokerage Charges

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

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 Zerodha with Reliance Securities
Brokerage Charges Compare Zerodha 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 0.03% or Rs 20 whichever is lower 0.04% or 4 paisa
Equity Futures 0.03% or Rs 20 whichever is lower 0.04% or 4 paisa
Equity Options Flat Fee Rs 20 Rs 100 Per Lot
Currency Futures 0.03% or Rs 20 whichever is lower 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 No No
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges Rs 50 Per Executable Order Free First 20 call PM and Rs 20 their onwards.
Brokerage Calculator Brokerage Calculator for Zerodha Brokerage Calculator for Reliance Securities
SPAN Margin Calculator SPAN Margin Calculator for Zerodha SPAN Margin Calculator for Reliance Securities
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Share Broker's Transaction Charges

Compare Zerodha vs Reliance Securities on Transaction Charges

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

Transaction Charges - Compare Zerodha with Reliance Securities
Transaction Charges Compare Zerodha 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 190 Per Cr Rs 190 Per Cr
Equity Options Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 135 Per Cr Rs 110 Per Cr
Currency Options Rs 4400 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 zerodha Complete Brokerage Plans for reliance-securities
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Account Features

Compare Zerodha vs Reliance Securities on Account Features

Compare Zerodha with Reliance Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Zerodha offers 3-in-1 account where Reliance Securities offers only 2-in-1 account which includes trading and demat account. Algo Trading - Zerodha offers Algo Trading where Reliance Securities doesn't offers Algo Trading. Margin Funding - Reliance Securities offers a margin funding where Zerodha doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Zerodha with Reliance Securities
Account Features Compare Zerodha Reliance Securities
3 in 1 Account Yes, Zerodha have 3-in-1 accounts. Bank Account, Demat and Trading account. No Zerodha 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 Yes Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:10PM 3:15PM
NRI Trading Yes Yes
Other Features NIL Mobile Application: Rmobile Xpress
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Trading Platform

Compare Zerodha vs Reliance Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Zerodha 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 Zerodha with Reliance Securities
Trading Platform Compare Zerodha Reliance Securities
Desktop Trading Platform Zerodha PI 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://kite.zerodha.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 Zerodha Kite TICK PRO
Mobile Trading App Demo Zerodha Kite Demo TICK PRO Demo
Android Mobile App Yes Yes
Android App Download Andriod Zerodha Kite Download Andriod TICK PRO Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Zerodha Kite 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 Zerodha Equity Intraday and Delivery Brokerage Calculator for Reliance Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for Reliance Securities
Options Brokerage Calculator Options Brokerage Calculator for Zerodha Options Brokerage Calculator for Reliance Securities
Detail Detail on Trading Platforms for zerodha Detail on Trading Platforms for reliance-securities
Zerodha Online Branch Offices
Upstox Online Branch Offices
5paisa Online Branch Offices
Angel Broking Online Branch Offices

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Broker Ratings by Users

Compare Zerodha vs Reliance Securities on User Rating

  Zerodha Reliance Securities
  159 Customer Reviews    Rate Zerodha 52 Customer Reviews    Rate Reliance Securities
Fees Ratings 4.0 3.5
Trading Brokerage Rating 4.5 3.4
Trading Platform Usability 3.7 3.3
Customer Service Ratings 3.8 3.4
Overall Ratings Rated 3.9 stars Rated 3.4 stars
Broker Rating Zerodha is Rated 3.9 / 5 based on 159 customer reviews Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews
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Investment Offerings

Compare Zerodha vs Reliance Securities on Investment Offerings

Compare Zerodha 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 Zerodha doesn't offer

Investment Offerings - Compare Zerodha with Reliance Securities
Investment Offerings Compare Zerodha 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 No 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 Zerodha vs Reliance Securities on Order Types

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

Order Types - Compare Zerodha with Reliance Securities
Order Type Compare Zerodha Reliance Securities
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Margin/Leverage

Compare Zerodha vs Reliance Securities on Margin/Leverage

Compare Zerodha 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.

Exposure/margin - Compare Zerodha with Reliance Securities
Margin Product Compare Zerodha Reliance Securities
Equity Delivery Margin Zerodha vs Reliance Securities - Equity Delivery Margin No, Zerodha doesn't provide any margin/leverage for delivery/carry forward positions. Upto 4x via Margin Funding.
Equity Intraday Margin Zerodha vs Reliance Securities - Equity Intraday Margin Upto 10x margin for intraday leverage for equity. Upto 10x leverage for equity.
Futures Margin Zerodha vs Reliance Securities - Futures Margin Upto 2x leverage for futures Upto 2x leverage for futures.
Options Margin Zerodha vs Reliance Securities - Options Margin Upto 2x margin for Options shorting, No leverage for option buying Upto 2x margin for Options shorting, No leverage for option buying.
Equity CO Margin Zerodha vs Reliance Securities - Equity CO Margin Upto 20.8x margin/leverage in CO order for selected equity scripts. Upto 15x margin/leverage in CO order for selected equity scripts.
Futures CO Margin Zerodha vs Reliance Securities - 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 Zerodha vs Reliance Securities - Options CO Margin Upto 20x margin/leverage in CO order for options Contracts Sell only.Buying is enable for NIFTY only. Upto 15x margin/leverage in CO order for options Contracts Sell only.
Commodity Margin Zerodha vs Reliance Securities - Commodity Margin Upto 2x MIS Margin of SPAN, Complete SPAN is required for carry forward positions. Complete SPAN is required.
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Customer Service Offered

Compare Zerodha vs Reliance Securities on Customer Service

Compare Zerodha 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 Support - Compare Zerodha with Reliance Securities
Customer Service Compare Zerodha Reliance Securities
24/7 Customer Service Zerodha vs Reliance Securities - 24x7 customer support No No
Email Support Zerodha vs Reliance Securities - Email Support Yes Yes
Onine Live Chat Zerodha vs Reliance Securities - Onine Live Chat No Yes
Phone Support Zerodha vs Reliance Securities - Phone Support Yes Yes
Toll Free Number Zerodha vs Reliance Securities - Toll Free Number No Yes
Through Branches Zerodha vs Reliance Securities - Through Branches Yes Yes
Customer Care Number Zerodha vs Reliance Securities - Customer Care Number "+ 91 80 4040 2020" 022 39886000
Account Opening Process Zerodha vs Reliance Securities - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Zerodha vs Reliance Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Zerodha vs Reliance Securities - Knowledge Center/Education https://support.zerodha.com/ https://www.5paisa.com/knowledge-centre
Head Office Address Zerodha vs Reliance Securities - Head Office Address/Corporate Address Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website Zerodha vs Reliance Securities - Company Website https://zerodha.com/ https://www.reliancesmartmoney.com
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Tips/Research/Reports Published

Compare Zerodha vs Reliance Securities on Research Reports, Tips

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

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

Compare Zerodha vs Reliance Securities on Demat Account

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

Demat Charges - Compare Zerodha with Reliance Securities
  Zerodha Reliance Securities
DP Source CDSL CDSL
DP ID Zerodha vs Reliance Securities - DP ID 81600 41400
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹300 pa
Advance Deposit Nil Nil
Statutory charges ₹50 Nil
Transaction Charges on Debit (Per ISIN) ₹8 + ₹5.50 (CDSL Charges) per transaction 0.04% (Min ₹27) + CDSL charges
Demat ₹150 per certificate + ₹100 courier charges ₹5 per certificate + ₹30 request charges
Remat ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges
Pledge Creation ₹20 + ₹12 CSDL charges 0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation Nil 0.05% of transaction value (Min ₹30)
Pledge Closure ₹20 + ₹12 CSDL charges 0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation Nil 0.05% of transaction value (Min ₹30)
Pledge Invocation ₹20 0.05% of transaction value (Min ₹30)
Failed Instruction Charges ₹50 per instraction Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Zerodha vs Reliance Securities on Special Offers and Promotion

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

Compare Zerodha vs Reliance Securities on Special Offers and Promotion
  Zerodha Reliance Securities
Pay In and Pay Out Options Zerodha vs Reliance Securities - Pay In and Pay Out Options pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Kite
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 Zerodha vs Reliance Securities - Payout Time Max 24 hrs except bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges Zerodha vs Reliance Securities - Bank Supported and Charges Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). Info Not Available
Bank Detail HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Likes

Detail Review...

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

Detail Review...

Dislikes
  • High Call & trade charges of Rs. 50 per order.
  • 3-in-1 account opening is only available with IDFC First Bank.
  • Zerodha doesn’t provide stock tips, research, and recommendations.
  • It only has a flat brokerage plan and no monthly trading plans are available.

Detail Review...

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

Detail Review...

Special Offers/Promo Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
Enquiry Enquire about Zerodha Enquire about Reliance Securities

Last Updated on 2021-06-07T06:48:02+00:00


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