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Reliance Securities Vs India Infoline (IIFL) Share Broker Comparison

The side-by-side comparison of Reliance Securities Limited and India Infoline Limited stock brokers in India. The comparison below highlights the similarities and differences between Reliance Securities and India Infoline (IIFL)'s brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Reliance Securities and India Infoline (IIFL).

  Reliance Securities Limited India Infoline Limited
 
Reliance Securities Limited Logo India Infoline Limited Logo
About the Broker Reliance Securities, A Reliance Capital Limited Company, is the financial services division of Reliance Anil Dhirubhai Ambani (ADA) Group. Reliance ADA group is among top 3 business houses in India with wide range of presence across various sectors. ... Know more about Reliance Securities Limited Incorporated in 1995, India Infoline (IIFL) is the brokerage firm of India Infoline Group, a fastest growing financial services solution provider in India. India Infoline is listed on BSE (532636) and NSE (INDIAINFO) for securities trading. IIFL off... Know more about India Infoline Limited
Type of Broker What is this parameter? Full Service Broker Full Service Broker
Supported Exchnage What is this parameter? BSE, NSE NSE, BSE, MCX
Account Type What is this parameter? R Fixed plan Standard Account
Broker Enquiry Open an Online Trading Account with Reliance Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with India Infoline (IIFL). Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Reliance Securities Limited India Infoline Limited
Trading Account Opening Fees What is this parameter? Rs 950 Rs 750
Trading Account AMC What is this parameter? Rs 0 Rs 0
Demat Account Opening Fees What is this parameter? Rs 0 Rs 555
Demat Account AMC What is this parameter? Rs 400 Rs 300
Demat Account is Mandatory? What is this parameter? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Reliance Securities Limited India Infoline Limited
Account Type R Fixed plan Standard Account
Fixed Charges What is this parameter? NA
Equity Delivery Brokerage What is this parameter? 0.40% 0.50%
Equity Intraday Brokerage What is this parameter? 0.04% 0.05%
Equity Futures Brokerage What is this parameter? 0.04% 0.05%
Equity Options Brokerage What is this parameter? ₹100 per lot 1% of Premium or Rs 100 per lot whichever is high
Currency Futures Trading Brokerage What is this parameter? 0.05%
Currency Options Trading Brokerage What is this parameter? 1% of Premium or Rs 100 per lot whichever is high
Commodity Trading Brokerage What is this parameter? NA 0.05%

Brokerage Plan 2

  Reliance Securities Limited India Infoline Limited
Account Type R Flexi Plan Standard Account
Fixed Charges What is this parameter? NA
Equity Delivery Brokerage What is this parameter? 0.60% to 0.15% 0.50%
Equity Intraday Brokerage What is this parameter? 0.06% to 0.015% 0.05%
Equity Futures Brokerage What is this parameter? 0.06% to 0.015% 0.05%
Equity Options Brokerage What is this parameter? ₹100 to ₹50 per lot 1% of Premium or Rs 100 per lot whichever is high
Currency Futures Trading Brokerage What is this parameter? 0.05%
Currency Options Trading Brokerage What is this parameter? 1% of Premium or Rs 100 per lot whichever is high
Commodity Trading Brokerage What is this parameter? 0.05%

Other Charges

Minimum Brokerage Charges What is this parameter? 5 paise per share Rs 0.05 per share
Other Brokerage Charges What is this parameter? Advisory SMS - Rs 50 per month
Call & Trade Charges What is this parameter?
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Taxes

  Reliance Securities Limited India Infoline Limited
Securities Transaction Tax (STT) What is this parameter?
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges What is this parameter? Check table below Check table below
SEBI Charges What is this parameter? Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) What is this parameter? 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty What is this parameter? Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Reliance Securities Limited India Infoline Limited
Equity Delivery What is this parameter? 0.0035% 0.00325%
Equity Intraday What is this parameter? 0.0035% 0.00325%
Equity Futures What is this parameter? 0.0033% 0.0021%
Equity Options What is this parameter? 0.063% on premium 0.051% on premium
Currency Futures What is this parameter? 0.0021%
Currency Options What is this parameter? 0.051% on premium
Commodity What is this parameter? NA 0.0028%
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Exposure

  Reliance Securities Limited India Infoline Limited
Equity Delivery What is this parameter?
Equity Intraday What is this parameter?
Equity Futures What is this parameter?
Equity Options What is this parameter?
Currency Futures What is this parameter?
Currency Options What is this parameter?
Commodity What is this parameter?
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Share Broker Features

  Reliance Securities Limited India Infoline Limited
3 in 1 Account What is this parameter? No No
Mobile Trading What is this parameter? Yes Yes
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter?
After Trading Hour Orders What is this parameter? Yes
Good Till Cancelled (GTC) What is this parameter?
SMS Alerts What is this parameter? Yes Yes
Online Demo What is this parameter? Yes Yes
Online Portfolio What is this parameter? Yes Yes
Margin Trading Funding Available What is this parameter?
Combined Ledger for Equity and Commodity What is this parameter?
Trading Platform What is this parameter? InstaXpress Trader terminal
Intraday Square-off Time What is this parameter?
Other Features What is this parameter? Mobile Application: Rmobile Xpress
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Broker Ratings (Average User Rating)

  Reliance Securities Limited India Infoline Limited
  59 Customer Reviews    Rate Reliance Securities 96 Customer Reviews    Rate India Infoline (IIFL)
Fees Ratings 3.5 3.0
Trading Brokerage Rating 3.4 2.7
Trading Platform Usability 3.2 3.4
Customer Service Ratings 3.5 2.8
Overall Ratings Rated 3.3 stars Rated 2.8 stars
Broker Rating Reliance Securities is Rated 3.3 / 5 based on 59 customer reviews India Infoline (IIFL) is Rated 2.8 / 5 based on 96 customer reviews
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Contact Broker / Request A Call Back

  Reliance Securities Limited India Infoline Limited
Contact / Request Call Back
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Investment Options Available

  Reliance Securities Limited India Infoline Limited
Stock / Equity What is this parameter? Yes Yes
Commodity What is this parameter? Yes Yes
Currency What is this parameter? Yes Yes
Initial Public Offers (IPO) What is this parameter? Yes Yes
Mutual Funds What is this parameter? Yes Yes
Bond / NCD What is this parameter? Yes
Debt What is this parameter? No Yes
Other Investment Options What is this parameter?
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Customer Service Offered

  Reliance Securities Limited India Infoline Limited
24/7 Customer Service What is this parameter? No No
Email Support What is this parameter? Yes Yes
Onine Live Chat What is this parameter? No
Phone Support What is this parameter? Yes Yes
Toll Free Number What is this parameter? No
Through Branches What is this parameter? Yes Yes
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Research / Tips / Reports Published

  Reliance Securities Limited India Infoline Limited
Daily Market Report What is this parameter? Yes Yes
Free Tips What is this parameter? Yes
Quarterly Result Analysis What is this parameter? Yes Yes
News Alerts What is this parameter? Yes
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Suitable for Investor Category

  Reliance Securities Limited India Infoline Limited
Casual Investor What is this parameter? Yes
Active Investor What is this parameter? Yes
Trader What is this parameter? Yes

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Pros, Cons and Other Review Comments

  Reliance Securities Limited India Infoline Limited
Pros What is this parameter?

More Advantages...

  1. 4000+ branches in 900+ cities make them your neighborhood broker.
  2. Being a full service broker, they offer wide range of financial products and services.
  3. IIFL offers Systematic Investment Plan in Equity, Commodity and Mutual Fund.
  4. India Infoline Ltd is a publicly traded company listed at BSE and NSE.

More Advantages...

Cons What is this parameter?

More Disadvantages...

  1. SMS alerts at additional Rs 249 per month
  2. Demat debit charges is 0.05% (Minimum Rs 15 - Maximum Rs 100) per debit transaction. Demat credit charges is NIL.
  3. India Infoline doesn't provide 3-in-1 account.

More Disadvantages...

Reviews What is this parameter?
Promo / Offers What is this parameter?
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