Reliance Securities Stock Trading, Demat, Brokerage and Reviews

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Reliance Securities Limited

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

Reliance Securities Stock Broker Review Ratings

49 votes  Rate Reliance Securities

Overall Rating Fees Brokerage Usability Customer Service
Rated 3.4 stars Rated 3.5 stars Rated 3.4 stars Rated 3.3 stars Rated 3.4 stars
491. anna  Aug 26, 2009 3:48:33 PM IST Reply
I was thinking of trading through reliance money .. but with so many grievances ..and one person saying itss good im having second thoughts..
490. Mannat singh  Aug 26, 2009 3:24:44 PM IST Reply
Agree with most of you'll on reliance money.. may be we should call their customer service and we might actually get a proper feedback ..who knows.. at least through this they are aware of our grievances..
489. Raghu  Aug 25, 2009 10:03:32 PM IST Reply
Never Never Never think about opening the account with reliance money. They do not have the well trading portal yet, but they are providing service since 2 years. These people introduce new rules for every 1 week, they change whole of their brokerage structure, limit card validity and whole lot of non sense to make users miserable. Opening account with relaince money is just like pouring the hot boiling ghee in you mouth(just image your status.....).

They say its an well built 3 in 1 integrated trading portal, but not true. They tie up with the banks who wont provide any service but just eat money in terms of quaterly average balance(Axis bank is one of those). Every time u tranfer ur money the transaction fails and ur money gets struck in the demat.

Their UI is so stupid, everything opens as the pop up window, every pop up has an logout.

Please never think about it................... With their current brokerage structure, they are the leaders in high brokerage. Initally they said they just take 1 paise per transaction, currently they charge rs 15 per trade irrespective of the limit card.

Just calculate it 15 Rs = 15000 Paise. Calculate the difference and think.

488. Nikhil srivatav  Aug 24, 2009 9:01:17 PM IST Reply

I want detail information regarding the charges applicable if I purchase options lot from reliance money and I also want detail information if I purchase a futures from reliance money what are the brokerages charges

Nikhil srivastav
Contact No.9999359579
487. dinesh  Aug 21, 2009 1:00:34 PM IST Reply
today i got a phone call from rmoney backoffice that my ledger balence is minus RS180.00 even after closing of a/c with all documents 1 year back at their branch. at the time of closing aroundRS 100.00 kept in ledger towards compliments from my side to increes ADAG asset.
486. ramesh  Aug 19, 2009 6:04:49 PM IST Reply
Hi , friends do you know anything about online trading scam? recently india bulls vicechairman was held trading on their clients id and causing a loss of 46 lakhs. can you imagine if your account also hacked and traded like this. i had a horrible experience in 2007 when they squared off all my purchases. after so many complains they only refunded me the brokerages and stts. actual loss was not paid back.
even now i feel something wrong with their software.

now L&T fin NCD is open for subscription but reliance money portal say no records to show!!!!

when u click on link it takes u to NCD aplication page but there messages come NO records!!!

who know relcapital applying on behalf of us and selling secretly once its listed.

you cant trust these reliance money people.

1 paise per trade was their promise now they are charging 15 rs per trade calculate how much they increased?

500 per year was their limit card value now its 10000 per year , calculate and think can you recover these much expenses by trading??

i already started searching new one with better brok charges and less AMC i know there are so many.
i am comparing all the aspect of investing and the charges.

485. RAKESH  Aug 19, 2009 1:16:34 PM IST Reply
Reliance money is all about cheater their represantatives are cheater they never fulfil their words/promise.
the service is WORST . site is very slow . lots of hidden charges. noboby is avalabe to listen you after oppening the account

Greivances cell of RELIANCE MONEY is also cheater the never do any thing .

484. vijaykumar  Aug 18, 2009 3:49:45 PM IST Reply
i have one confusion is that i can not understand which type of brokarage in the share market i have dont idea they can charge brokarge like delivery intraday i dont idea.could u suggest me.
483. kool ipo  Aug 17, 2009 5:59:28 PM IST Reply
Do you guys now how much Rmoney is charging for MF investments after 01Aug2009? They are charging 2.5% of your investment amount if it is below 5 lacs. Does it really make sense? Entry load itself was only 2.25%. And now when it is abolished, they are charging more than even entry load.
482. SrinibasSahoo  Aug 16, 2009 10:25:22 PM IST Reply
481. New  Aug 14, 2009 7:03:51 PM IST Reply
Dude, rate are changed. Now for every transaction they are charging Rs 15/- you are in any package. like 5000, 1000, 500.
I recommend don't go for reliance money.
480. Sunny  Aug 14, 2009 12:07:27 PM IST Reply
Really Reliance money is the most expansive trading account, even I am suffering, Don't open any demat account in Relience money. Anil Ambani spoiling the image if Dhiru Bhai Ambani.
There are lots of complains filed against Rmoney. I don't think there would be any action taken against this. So I apeal all Reliance money Account holder to close their account and look for any other alternative.
479. Kapilto   Aug 14, 2009 10:30:12 AM IST Reply
Requesting to you all, please do not open an account with reliance money they are fraud and having so many hidden charges, also thy are taking money from your account without informing you, thy closed their customer care, put a mail for any issue which thy were never replied, even thy close their offices as well. You all will be in big pain, i have decided to close the account.
478. Vikas Balana  Aug 12, 2009 5:57:10 PM IST Reply
i want to do online trading.i donot have dmat account.could u tell me how much cost i have to give to u if i want to do online trading...
477. RISHAV BAISHAKHIYAR  Aug 11, 2009 4:53:59 PM IST Reply
Reliance Money came with very attractive tariff, but they failed in providing service to reliance Money Users like cannot be opened after market hours, because transaction in under process.
IPO cannot be applied through phone banking.
Email is not received in users email ID, rather it is received in reliance money portal, which is highly inconvenient.
I am operating account for last 2 years, but i haven't received any Demat Account Statement till date.
Now, the time has come for me to change Demat Account Service Provider Reliance Money.

476. dinesh  Aug 11, 2009 11:17:16 AM IST Reply
Hi Kumar
If you still needs browesr based broking you are again cheeting from another, go for proffetional surlly you are getting benfit here, pointer working good in firwall and antivirus as iam also not a profetional trader but iam satisfied with them
475. Kumar  Aug 11, 2009 9:46:26 AM IST Reply
Can any one tell a trading software that runs in Firefox. I also not liking the microsft / internet explorer / activeX.
Firefox based web interface is good for me. If you come across such a online broker Pl post here I will try it. Badly I need to get out of RelianceMoney.
474. Kumar  Aug 10, 2009 11:27:50 PM IST Reply
Hi Dinesh
Thanks, I work behind firewall/proxy, that is why I need comfortable browser, more over I am not a professional trader, but I like to learn more in this field, once I learn I may allocate separate system and application based software. Could you suggest better browser, Thanks for you reply.
473. dinesh  Aug 10, 2009 11:08:29 PM IST Reply
Hi Kumar
Ya you right, ventura not having browser based version their Pointer gains many features like super fast logging, compressed data transfer(advantage limited speed net and limited data 1GB net scheems) historic charts etc availabe at such price at savings from other brokers
472. Kumar  Aug 10, 2009 6:09:55 PM IST Reply
Hi Dinesh
Can you throw some more light, I need a browser based trading software, can you suggest a better one. Ventura not having browser based.

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