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 Reliance Securities Customer Reviews, Complaints, Experiences & True Feedback

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

Stock Broker Review Ratings

Overall Rating Fees Brokerage Usability Customer Service 41 votes
Rated 3.3 stars Rated 3.4 stars Rated 3.3 stars Rated 3.3 stars Rated 3.4 stars Rate
              

484. SrinibasSahoo  Aug 16, 2009 10:25:22 PM IST |  Reply 

I-HAD-APPLIED-FOR-A-DEMAT-ACCOUNT-THROUGH-RELIANCE-MONEY-AT-ROURKELA-BRANCH.THEY-DEDUCTED-RS750-FROM-MY-ACCOUNT.1-YEAR-ELAPSED.I-DIDN'T-RECEIVE-ANY-DEMAT-ACCOUNT.NOW-I-HAVE-DECIDED-TO-F-UCK-ANIL'S-WIFE-TINA.

483. 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.

482. 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.

481. 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.

480. 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...

479. 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 www.reliancemoney.com 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.

478. 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

477. 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.
Thanks

476. 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.

475. 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

474. 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.

473. FSD  Aug 09, 2009 6:44:08 PM IST |  Reply 

Shame on Rmoney.
They r looting people.
If you calculate brokerage for F&O(limit card 2500 6 month)
2,70,00,000/4,50,000(1LotNifty)=>60
2500/60==>Rs. 41.66
plus 15*2==>Rs. 30.0
6 months rent of super trade ==>1000/60==>Rs.16.66
Net 41.66 + 30.0 + 16.66==>Rs.88.35
And then add STT and StampDuty
If u make a trade below 1,50,000 then u r paing 4 paisa.
So get a broker who gives u 2paise & 20 paise with diet odien will beet rmaoney.
that is all
some reliable(2%) brokers r religare sharekhan 5paisa indiabulls motilaloswal.
very low brk rates rkglobal(Rs.9/lot) bajajsecurities ventura religare
very hapy trading
Ones again If u want to trade stay away from Rmoney.

472. dinesh  Aug 07, 2009 11:01:09 PM IST |  Reply 

hello friends,I already informed last year it self to shift from rel.money no one wake up that time. at least now shift to better broking like Ventura Securieties. they offers good softwere, fast excution at lightning speed, good chart live and historic chart ,portpolio data, lower brokerage with out hidden charges,good coustemer care with many phone no.(no reply you canot get!!!) STT and stamp charges as actual(no min Rs to make money)

471. chethi  Aug 06, 2009 12:48:00 PM IST |  Reply 

this is the worst thing :(
god knws who the hell they r charging :(
please avoid this reliance money ........

470. Kumar  Aug 04, 2009 3:40:32 PM IST |  Reply 

I think, geojit will be the best for intraday traders. It charges 3 paise per Rs 100 transaction. It provides browser based as well as installed software for interactive trainning. For delivery transaction it costs 30 paise per 100. Customer service is also good.

469. Kumare  Aug 03, 2009 4:46:41 PM IST |  Reply 

Did any one switch from reliancemoney and find better place to trade?. Pl let me know, I will also come. My requirement is

(a)One who has browser based trading software.
(b)Allow maximum time to squareoff intraday transaction.
(c)Minimum brokerage.

Kindly give details
Thanks

468. Selvan  Aug 03, 2009 2:44:26 PM IST |  Reply 

SEBI should penalise these people. All of a sudden they sent a mail like, all transactions will be charged Rs.15 from the immediate second day onwards. Then what about the promises they had given at the time of opening the account? ADAG group makes business by sucking peoples money without giving good quality of service.

467. Kumar  Aug 03, 2009 1:29:41 PM IST |  Reply 

Moreover I would say that first reliance money has proposed some very competitive brokerage and for that brokerage rate we have paid 2500/- rs for a year and all of a sudden they introduce Rs 15.00. Now if I am not comfortable with this Rs. 15.00 per transaction then what will happen to my subscription of Rs 2500/-. Because at the time of taking a subscription this new charge is not given. I think these cheaters are just interested in looting common man's money. They are not at all intended to be in any business.
Reliance money ka sapna, public ka money apna

466. Ravi  Aug 02, 2009 3:40:39 PM IST |  Reply 

Yes, Reliance ADAG group is cheating public with intermittent hike of prices without any advance notice to its customers, i appeal that such fare hikes need to be informed to the traders in advance through a written communication by providing limited time frame for the individuals to decide to stay with the broker or discontinue, but i hope none have received such communication in written, which is absolutely illeagally looting money from the small investors. LET US ALL LAUNCH COMPLAINT WITH SEBI AGAINST reliance money. Here is the link where one can launch any issues with their brokers.
http://www.sebi.gov.in/Complaint7.jsp

465. Kumar  Aug 01, 2009 10:47:38 PM IST |  Reply 

Hi, if any one find better broker kindly let me know, just post here others also know, We do not know the direction to move.
What I want is (a)One who has browser based trading software. (b)Allow maximum time to squareoff , ie. In day trading reliance allow up 2:50, iciciDirect allow up to 3:05 similarly which one is allow more them up 3:29 is good but i do not know who is giving more time. I do day trade so I need to trade at last hours.
(c)Minimum brokerage.
Kindly give details
Thanks

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