Sharekhan Vs Reliance Securities: Which one is better?

The brokerage of Sharekhan ranges between 0.1 to 0.5% while the brokerage of Reliance Securities ranges between 0.04 - 0.4%. Both the brokers are Full Service brokers. Sharekhan is having overall higher rating compare to Reliance Securities. Sharekhan 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 Sharekhan 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 Sharekhan 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 Sharekhan vs Reliance Securities on Service

  Sharekhan Compare
Sharekhan
Reliance Securities Compare
Reliance Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX, NSEL BSE, NSE
Broker Overview Sharekhan not just allows you to trade in all the market segments but also offers finest services like investment options, share market news, research reports, stock quotes, fundamental and statistical info across equity, mutual funds, IPOs and much ... Know more about Sharekhan 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 Sharekhan. 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 Sharekhan vs Reliance Securities on Brokerage & Demat Account Opening Charges

  Sharekhan Reliance Securities
Trading Account Opening Fees Sharekhan vs Reliance Securities - Trading Account Opening Fees Free Rs 950
Trading AMC Sharekhan vs Reliance Securities - Trading Account AMC Free Free
Demat Account Opening Fees Sharekhan vs Reliance Securities - Demat Account Opening Fees Free Free
Demat AMC Sharekhan vs Reliance Securities - Demat Account AMC Rs 400 PA (Waived for 1st year) Rs 300 PA
Provide DP Service Sharekhan vs Reliance Securities - Damat Account Mandatory Yes Yes
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About Brokerage Plans

Compare Sharekhan vs Reliance Securities on Plan Options

  Sharekhan Reliance Securities
Multiple Plans What is this parameter? Yes Yes
Monthly Plans Sharekhan vs Reliance Securities - Monthly Brokerage Plan No No
Yearly Plans Sharekhan vs Reliance Securities - Yearly Brokerage Plan No No
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Account Opening Request

Account Opening

  Sharekhan Reliance Securities
Account Opening Request
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Brokerage Charges

Compare Sharekhan vs Reliance Securities on Brokerage Charges

  Sharekhan Reliance Securities
Plan Name Sharekhan vs Reliance Securities - Classic Trading Plan (Percentage Based) R-FIXED Online Trading Plan (Percentage Based)
Plan Description Sharekhan vs Reliance Securities - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage. This is online plan from Reliance Security. Its fix brokerage plan where you dont need any dealer support.
Equity Delivery Sharekhan vs Reliance Securities - Cash Delivery Brokerage 0.5% or 50 paisa 0.4% or 40 paisa
Equity Intraday Sharekhan vs Reliance Securities - Cash Intraday Brokerage 0.1% or 10 paisa 0.04% or 4 paisa
Equity Futures Sharekhan vs Reliance Securities - F&O Segment - Futures Brokerage 0.1% or 10 paisa 0.04% or 4 paisa
Equity Options Sharekhan vs Reliance Securities - F&O Segment - Options Brokerage 2.5% of Premium or Rs 250 per lot whichever is high Rs 100 Per Lot
Currency Futures Sharekhan vs Reliance Securities - Currency Futures Trading Brokerage 0.1% or 10 paisa 0.04% or 4 paisa
Currency Options Sharekhan vs Reliance Securities - Currency Options Trading Brokerage 2.5% of Premium or Rs 30 per lot whichever is high Rs 100 Per Lot
Commodity Trading Sharekhan vs Reliance Securities - Commodity Trading Brokerage 0.1% or 10 paisa 0.04% or 4 paisa
Minimum Brokerage Sharekhan vs Reliance Securities - Rs 20 5 paise per share
Hidden Charges Sharekhan vs Reliance Securities - Hidden Charges No No
Funding Sharekhan vs Reliance Securities - Funding Interest Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges Sharekhan vs Reliance Securities - Call & Trade Charges Free Free First 20 call PM and Rs 20 their onwards.
Brokerage Calculator Brokerage Calculator for Sharekhan Brokerage Calculator for Reliance Securities
SPAN Margin Calculator SPAN Margin Calculator for Sharekhan SPAN Margin Calculator for Reliance Securities
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Share Broker's Transaction Charges

Compare Sharekhan vs Reliance Securities on Transaction Charges

  Sharekhan Reliance Securities
Equity Delivery Sharekhan vs Reliance Securities - Transaction Charges Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Sharekhan vs Reliance Securities - Equity Intraday Transaction Charges Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Sharekhan vs Reliance Securities - Equity Futures Transaction Charges Rs 190 Per Cr Rs 190 Per Cr
Equity Options Sharekhan vs Reliance Securities - Equity Options Transaction Charges Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Sharekhan vs Reliance Securities - Rs 100 Per Cr Rs 110 Per Cr
Currency Options Sharekhan vs Reliance Securities - Rs 4000 Per Cr Rs 4000 Per Cr
Commodity Sharekhan vs Reliance Securities - Commodity Transaction Charges Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for sharekhan Complete Brokerage Plans for reliance-securities
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Account Features

Compare Sharekhan vs Reliance Securities on Account Features

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

Compare Sharekhan vs Reliance Securities on Trading Platform

  Sharekhan Reliance Securities
Desktop Trading Platform Sharekhan vs Reliance Securities - Trading terminal TradeTiger InstaXpress
Desktop Demo Sharekhan vs Reliance Securities - Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Sharekhan vs Reliance Securities - Windows Trading Terminal Yes Yes
Desktop Platform (Mac) Sharekhan vs Reliance Securities - MAC Trading Terminal No No
Web Trading Platform Sharekhan vs Reliance Securities - Web Trading Platform Yes Yes
Web Trading Detail Sharekhan vs Reliance Securities - Trading Website https://www.sharekhan.com/ http://tick.rsec.co.in/
Web Trading Demo Sharekhan vs Reliance Securities - Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Sharekhan vs Reliance Securities - Trading Site for Mobile Yes Yes
Mobile Trading Sharekhan vs Reliance Securities - Mobile App Yes Yes
Mobile Trading App Sharekhan vs Reliance Securities - Name Of Mobile App Sharekhan TICK PRO
Mobile Trading App Demo Sharekhan vs Reliance Securities - Name Of Mobile App Sharekhan Demo TICK PRO Demo
Android Mobile App Sharekhan vs Reliance Securities - Android Mobile App Yes Yes
Android App Download Sharekhan vs Reliance Securities - Mobile App Download Andriod Sharekhan Download Andriod TICK PRO Download
iPhone Mobile App (IOS) Sharekhan vs Reliance Securities - Yes Yes
iOS App Download Sharekhan vs Reliance Securities - Mobile App Download iOS Sharekhan Download iOS TICK PRO Download
Android Tablet App Sharekhan vs Reliance Securities - Android Tablet App Yes Yes
iPad App (IOS) Sharekhan vs Reliance Securities - Yes Yes
Trading Software Charges Sharekhan vs Reliance Securities - Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Sharekhan Equity Intraday and Delivery Brokerage Calculator for Reliance Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for Reliance Securities
Options Brokerage Calculator Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for Reliance Securities
Detail Detail on Trading Platforms for sharekhan Detail on Trading Platforms for reliance-securities

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Broker Ratings by Users

Compare Sharekhan vs Reliance Securities on User Rating

  Sharekhan Reliance Securities
  177 Customer Reviews    Rate Sharekhan 52 Customer Reviews    Rate Reliance Securities
Fees Ratings 3.2 3.5
Trading Brokerage Rating 3.1 3.4
Trading Platform Usability 3.9 3.3
Customer Service Ratings 3.5 3.4
Overall Ratings Rated 3.6 stars Rated 3.4 stars
Broker Rating Sharekhan is Rated 3.6 / 5 based on 177 customer reviews Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews
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Investment Offerings

Compare Sharekhan vs Reliance Securities on Investment Offerings

  Sharekhan Reliance Securities
Equity Cash and F&O Sharekhan vs Reliance Securities - Equity and Equity derivatives Yes Yes
Currency Deravitives Sharekhan vs Reliance Securities - Currency Trading Yes Yes
Commodity Sharekhan vs Reliance Securities - Commodity Trading Yes Yes
Online IPO Application Sharekhan vs Reliance Securities - Online IPO Investment No No
Mutual Funds Sharekhan vs Reliance Securities - Online Mutual Funds Investment Yes Yes
Bond / NCD Sharekhan vs Reliance Securities - Bonds and NCD Yes Yes
ETF Sharekhan vs Reliance Securities - ETF Yes Yes
Banking Sharekhan vs Reliance Securities - Banking Service No No
Insurance Sharekhan vs Reliance Securities - Insurance Service Yes Yes
Forex Sharekhan vs Reliance Securities - Forex Trading No No
MF SIP Investment Sharekhan vs Reliance Securities - Mutual Fund SIP Yes Yes
Equity SIP Investment Sharekhan vs Reliance Securities - Equity SIP No Yes
PMS Service Sharekhan vs Reliance Securities - Portfolio Management Services (PMS) Yes Yes
Algo Trading Sharekhan vs Reliance Securities - Algo Trading Yes Yes
Other Investment Options Sharekhan vs Reliance Securities -
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Order Types

Compare Sharekhan vs Reliance Securities on Order Types

  Sharekhan Reliance Securities
CNC Ordre Sharekhan vs Reliance Securities - CNC Order Yes Yes
MIS Ordre Sharekhan vs Reliance Securities - MIS Order Yes Yes
NRML Ordre Sharekhan vs Reliance Securities - NRML Order Yes Yes
Cover Ordre Sharekhan vs Reliance Securities - Cover Order Yes Yes
Bracket Ordre Sharekhan vs Reliance Securities - Bracket Order Yes Yes
AMO-After Market Orders Sharekhan vs Reliance Securities - After market Orders Yes Yes
GTC-Good Till Cancelled Sharekhan vs Reliance Securities - GTC Orders Yes No
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Margin/Leverage

Compare Sharekhan vs Reliance Securities on Margin/Leverage

  Sharekhan Reliance Securities
Equity Delivery Margin Sharekhan vs Reliance Securities - Equity Delivery Margin Upto 5x via Margin Funding. Upto 4x via Margin Funding.
Equity Intraday Margin Sharekhan vs Reliance Securities - Equity Intraday Margin Upto 10x leverage for equity. Upto 10x leverage for equity.
Futures Margin Sharekhan vs Reliance Securities - Futures Margin Upto 2x leverage for futures. Upto 2x leverage for futures.
Options Margin Sharekhan 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 Sharekhan vs Reliance Securities - Equity CO Margin Upto 15x margin/leverage in CO order for selected equity scripts. Upto 15x margin/leverage in CO order for selected equity scripts.
Futures CO Margin Sharekhan vs Reliance Securities - Futures CO Margin Upto 15x margin/leverage in CO order for futures contracts. Upto 15x margin/leverage in CO order for Futures contracts.
Options CO Margin Sharekhan vs Reliance Securities - Options CO Margin Upto 15x margin/leverage in CO order for options contracts sell only. Upto 15x margin/leverage in CO order for options Contracts Sell only.
Commodity Margin Sharekhan vs Reliance Securities - Commodity Margin Info Not Available Complete SPAN is required.
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Customer Service Offered

Compare Sharekhan vs Reliance Securities on Customer Service

  Sharekhan Reliance Securities
24/7 Customer Service Sharekhan vs Reliance Securities - 24x7 customer support No No
Email Support Sharekhan vs Reliance Securities - Email Support Yes Yes
Onine Live Chat Sharekhan vs Reliance Securities - Onine Live Chat Yes Yes
Phone Support Sharekhan vs Reliance Securities - Phone Support Yes Yes
Toll Free Number Sharekhan vs Reliance Securities - Toll Free Number Yes Yes
Through Branches Sharekhan vs Reliance Securities - Through Branches Yes Yes
Customer Care Number Sharekhan vs Reliance Securities - Customer Care Number 1800227500 022 39886000
Account Opening Process Sharekhan vs Reliance Securities - Account Opening Process Offline Online/Paperless
Customer Support Email Sharekhan vs Reliance Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Sharekhan vs Reliance Securities - Knowledge Center/Education https://www.sharekhan.com/help/hello https://www.5paisa.com/knowledge-centre
Head Office Address Sharekhan vs Reliance Securities - Head Office Address/Corporate Address Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH– 400042
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website Sharekhan vs Reliance Securities - Company Website https://www.sharekhan.com https://www.reliancesmartmoney.com
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Tips/Research/Reports Published

Compare Sharekhan vs Reliance Securities on Research Reports, Tips

  Sharekhan Reliance Securities
Research Mutual Funds Sharekhan vs Reliance Securities - Research Mutual Funds Yes Yes
Research Equity Reports Sharekhan vs Reliance Securities - Research Equity Reports Yes Yes
Research ETF Sharekhan vs Reliance Securities - Research ETF Yes Yes
Daily Market Report Sharekhan vs Reliance Securities - Daily Market Report Yes Yes
Free Tips Sharekhan vs Reliance Securities - Free Tips Yes Yes
Quarterly Result Analysis Sharekhan vs Reliance Securities - Quarterly Results Yes Yes
News Alerts Sharekhan vs Reliance Securities - Yes Yes
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Demat Account

Compare Sharekhan vs Reliance Securities on Demat Account

  Sharekhan Reliance Securities
DP Source CDSL CDSL
DP ID Sharekhan vs Reliance Securities - DP ID 36000 41400
Demat Account Annual Maintenance Charges(AMC) Tariff : Rs.p.a-[A:400,B:500,C:350,D:Nil,E:100,F:500,H:1000,G:Nil(holding Value <= Rs.50000)or 100(holding Value from Rs.50001 to Rs.200000)or 400(holding Value >Rs.200000)] will be levied from that date onwards & rest of charges will be levied as per regular scheme.*A,C,E&H Free for the 1st Year. 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 Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) Nil
Statutory charges Actual Stamp Paper Charges Nil
Transaction Charges on Debit (Per ISIN) A&B:Sales SK :0 Else 0.03% of value of tran(min Rs.30),C&D:Sales SK Rs. 6 Per tran Else 0.03% of value of tran(min Rs.30),E & H:Sales SK 0.03% of value of tran (E:min Rs.29,H:min Rs.30) Else 0.03% of value of tran(min Rs.49),F:0.03% of value of tran(min Rs.30),G:0.03% of value of tran(min Rs.49) 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. 5 per certificate (Min Rs. 50 per request for Tariff A,B,C,D,E,F & H) (Min Rs. 100 per request for Tariff G ) Rs. 30/- per request extra Rs. 5/- for each certificate
Remat Rs.50 per certificate or Rs.50 for every hundred securities 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 0.03 % of the value of the Transaction (Min Rs. 100 per transaction) Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN
Pledge Creation Confirmation Nil Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN
Pledge Closure Nil Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN
Pledge Closure Confirmation Nil Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN
Pledge Invocation Nil Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN
Failed Instruction Charges Nil Nil
Other Charges 1) Freeze /De-freeze - Rs. 25 per request 2) Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum Rs. 100) 3)Client Master changes Rs.30 per request for Tariff G 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 Sharekhan vs Reliance Securities on Special Offers and Promotion

  Sharekhan Reliance Securities
Pay In and Pay Out Options Sharekhan vs Reliance Securities - Pay In and Pay Out Options 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
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 Sharekhan vs Reliance Securities - Payout Time Max 24 hrs except bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges Sharekhan vs Reliance Securities - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Likes
  • Free call and trade facility.
  • Most powerful and robust trading terminal-'Trade Tiger'.
  • Share transfer from and to the DP account is free.
  • Huge network.
  • Supports commodity trading.

Detail Review...

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

Detail Review...

Dislikes
  • Doesn't offer 3-in-1 account.
  • Minimum brokerage charges which makes it difficult to trade in penny stocks.
  • High brokerage so not well fit for day traders.
  • Classic account doesn't facilitate to trade in commodities.
  • Commodity trading not available.
  • Not a 3 in 1 account.
  • Average customer service.
  • Lots of hidden charges.

Detail Review...

Special Offers/Promo Get Free Trading + Demat Account (Rs 1150 waived on account opening) for a limited time.
Enquire about Sharekhan Enquire about Reliance Securities






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