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

57 votes  Rate Reliance Securities

Overall Rating Fees Brokerage Usability Customer Service
Rated 3.3 stars Rated 3.5 stars Rated 3.3 stars Rated 3.2 stars Rated 3.5 stars
498. guru  Aug 28, 2009 5:34:27 PM IST Reply
Please don't open account with Reliance Money. They have lot of hidden charges. Also, they increase the charges every now and then.

They are charging 15 rs per trade from all limit card users- Big bluff to the customers as they promised 1 paise per trade while opening the account at beginning.

I made a mistake by opening account in Reliance Money. Planning to close it soon.

497. balkis  Aug 28, 2009 12:42:32 PM IST Reply
No hacking is possible with RM. Wow!!thats neat.. this would be the case with al the trading cos. i gues.. but good to know.. tht your money is safe..
496. nikunj  Aug 28, 2009 12:35:27 PM IST Reply
Hey I had same kind debit in my a/c ... i know this person at reliance money who helped me ...i m not sure about his name but his no. was sm 321918013 try it out ... ..or else u let me know ur customer number .. will write to him ..m sure he will resolve ur issues
495. Shashtri  Aug 27, 2009 1:12:21 PM IST Reply
Im seconding yash on this.. they may not be great i.e Reliance Money .. but till now i have OK time with them .. so im cool..
494. Yash  Aug 27, 2009 2:38:14 AM IST Reply
dear all,
First of all there are some risk factor with any online services. This could be RM fault or may be us. we have to bear that in mind.
Online secure transactions are always tend to be little slow. And if your internate connection is not good. This secure server will give you false result at our end.But not at server side end.

No hacking is possible with RM. as there is a security toeken given to you.
I agree that RM has increased their chargesa exponetially.

i am using RM since very long time and found resonably ok, when compared to the other sites.
493. pandit raj  Aug 26, 2009 9:29:06 PM IST Reply
hi all,
reliance money ki brokrage ki new details, DP charges and other charges kya kya hai please koi mujhe batayega.
thaks all
492. CHANDRA  Aug 26, 2009 9:09:33 PM IST Reply
I also have a d'mat and trd acct with reliance money, has following problem
(A) customer care no body attends the phone except for trd
(B) the web site doed not respond when requied
(C) Limit card is a headeake, which is changed at will and wish
(D) inbox does not open, required, lots of patience and time
(E)Money is returned after 3days in bank after request is placed
In short a extremly poor poor trading site, one should avoid
491. anna  Aug 26, 2009 2:48:33 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 2:24:44 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 9:03:32 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 8:01:17 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 12:00:34 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 5:04:49 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 12:16:34 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 2:49:45 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 4:59:28 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 9:25:22 PM IST Reply
481. New  Aug 14, 2009 6:03:51 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 11:07:27 AM 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 9:30:12 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.

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