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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

59 votes  Rate Reliance Securities

Overall Rating Fees Brokerage Usability Customer Service
Rated 3.3 stars Rated 3.5 stars Rated 3.4 stars Rated 3.2 stars Rated 3.5 stars
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687. M A MUDDAIAH  Jul 4, 2015 4:20:47 PM IST Reply
Reliance representative of hyderabad br asked me to open a demat account at reliance security. Beeing big brand i agreed to open demat account & i deposited a sum of 1,20,000/- for trading purpose far period of 6 to 7 months. But one day i got call from reliance and informed your trade margin will be very less and told some rules i told i am new commer i dont know what you are telling.after one year i wanted to withdraw my one lakh & called costomer care she informed your one lakh has been fixed for less margin purpose if withdraw i will lose rs.30,000/_ and amout only can withdraw only after 15 years. This is my position. Since two years iam keeping the money due to loss of 30,000/-
What to do
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687.1. bk  Jan 3, 2016 3:46:03 PM IST
U can contact to sebi (security exchange board of india).there u can file the complane if they fixed ur money without asking u...
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686. sanjayrane  May 19, 2015 2:19:36 PM IST Reply
Reliance is really good service provider. Really nice post as I found it to be very informative. Also Get stock related information, share market news, market outlook, Share Market updates at your finger tips with Reliance Securities.
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685. gopal jee  Apr 11, 2015 1:42:03 AM IST Reply
reliance is the best broker in India really excellent service cheapest brokerage supportive customers care overall no 1broker in India
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684. SAVITA SHARMA  Nov 6, 2014 8:30:50 AM IST Reply
Customer service of bhubneswar branch
Savita Sharma,
The check that were given by me for opening a demat trading account on date 14.10.2014 of RS 15000 and they commited me that the check will be issued after opening demat trading account they commited that till diwali your account will be opened and after opening your account we will ask you for sending money in e your trading account . But after on 15.10.2014 they failed their commitment and deposited the cheak without my permission and didn''t communicated with me

Very poor , non co operative and froud customer service.
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683. RAHUL  Nov 4, 2014 12:09:26 PM IST Reply
Reliance is really good service provider. i have account with reliance since last 7 years. i have never face any issue. Somehow they are not best in brokrage. But i think for intraday they are giving 7 days time limit to pay the rest of amount...it is very advantageous. may be others not provide more no of days for same. it really good.they are improving time to time.but i think realiance is better option. they should improve more.P. NOTE:-they have remove security token system now..and put questionnaires for access the account.
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682. Karthikeyan  Sep 13, 2014 5:24:55 PM IST Reply
Hi,
Reliance is good and their nest platform is good, recently RM called me, gave me different plans for 10k delivery 0.15 and intraday is 0.018
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681. Saptaswa Charan Rakshit  May 31, 2014 12:26:10 AM IST Reply
I have been using this broker for 2 yes now. While there are some issues which really needs to be solved it is not very bad.
1 the platform Web based slow login, logs out every 10 to 15 mins
2 the mobile platform mobilexpress is charged separately
3 the terminal really sucks, difficult to 4 no installable platform, Web platform needs high speed internet
5 brokerage is average cheaper than the big shots but equal to most average brokerages
6 the research team is good, the fundamental calls work but the intraday calls have an abysmal record with me
7 the token is a issue which I didn''t face but some people who have really hate it
8 they I might be wrong about this one
9 the amc is charged on a monthly basis, dunno if it is same for others

Advantages
1 big margin and option to pay within t+7 days
2 very good customer service

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680. Vikas  Mar 19, 2014 2:46:23 PM IST Reply
Pros:

1. It has one of the cheapest brokerage plans esp. for high value traders.
2. The website is reliable in the peak hours.

Cons:
1. Biggest issue is token. If the token is lost or damaged with water, it becomes very irritating.
2. The interface is not so good. I old site.
3. In new Instaplus they don''t show total value of profit/loss.
4. There are technical glitches in new instaplus site - if you start a trade, you can''t close it in between. You have to close the browser.
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679. harsh ranjan  Sep 28, 2013 1:11:23 PM IST Reply
it is better than any other company but the advance brokerage is really very high..

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Excellent
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678. Ausaf  Sep 23, 2013 11:23:58 PM IST Reply
a very bad experience , from varansi office & gorakhpur office, opened a account a month back, on fraud talks,not able to map my account to date, frequent token not valid, slow in making a trade
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677. Anuj Sharma  Sep 3, 2013 3:27:58 PM IST Reply
Hi,

This is Anuj Sharma. We provide best services for Free Demat Account Opening.
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676. J K Deb  Aug 19, 2013 6:12:16 PM IST Reply
The website is horrible. It hangs and cannot trade during the opening and closing of market. Trade confirmation is not clear in RSec.the security token does not work...it takes more than 7 days to receive a new security token only to discover that it is not mapped to my account.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Below Average
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675. rst  May 3, 2013 5:10:52 AM IST Reply
Should I go for reliance money or angel broker
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675.1. sandeep  May 29, 2013 5:57:05 PM IST
you should go for reliance money , its cheaper & it many option of investment
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674. sunil  Apr 11, 2012 4:28:39 PM IST Reply
i am confused after going through various comments pl help me. whether I should be open an online account with reliance or not thanx.
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673. ajay singh  Jan 26, 2012 7:11:53 PM IST Reply
I had a trading experience of 3 months with Reliance money online trade and lost money.

-false promise to refund a/c opening fee (after first month) = Rs. 750/-
-false promise to reduced brokerage (in 3 months) = Rs. 4060/-
-trades lost due to frequent password expiries = Rs. 4543/-
-trades lost due to website freezes = Rs. 7370/-
-fuel expenses for frequent visits to branch office to submit requests or settling disputes = Rs. 900/-

Reliance money has below limitations which restrict online traders to trade from their home/office ease.
-No realtime display of indices for online traders.
-No helpline after market hours.
-No sms support on mobiles
-No Mobile trading platform.
-No trade baskets (cannot process multi orders)
-No real time charts
-No email/sms alerts.
-No single window buying (it switches to different window to choose scrip codes and then switches back)
-Poor color themes for display.
-Poor website interface for FNO trades.
-No market coverage on daily basis. (they have low grade market lens for dealers but never send to clients)
-poor trading platform(tradeexpress) for power users. Live action of scrips often mixed with other scrips for spot price/traded volumes.
-poor reporting system. i never received report for my ledger balance limits in 3 months.
-website'a regular hanging time - Opening hours and closing hours.

Overall i had bad experience with reliance money website and people working in chandigarh office.
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672. satish sharma  Dec 27, 2011 9:35:29 AM IST Reply
I have grat experience all the account availabe under one roof.
1 3in 1 account
2 trading
3 commodity 4 browser facility

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
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671. satish  Oct 22, 2011 2:04:24 PM IST Reply
Very bad.... they get your account promising no charges and once you are onboard they increase the charges haevily after some time...The online website is down frequently and throws many errors at the time of transactions. you never know if the transaction is successfull. Even rejected transactions are later successfull without your knowledge and you come to know of this when they debit your account six months later.

Ratings:

Brokerage - Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Below Average
Overall Experience - Very Poor
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670. gurwinder singh  Sep 24, 2011 4:29:37 PM IST Reply
Ratings:

Overall Rating - Excellent
Fees - Excellent
Brokerage - Very Poor
Website usability - Excellent
Customer Service - Excellent
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669. ALOK KUMAR  Mar 24, 2011 3:53:54 PM IST Reply
very worst service, many hidden charges and insta plus is very bas many time said for again login all time spends in login but still get message that ur session is expired, i will advice not to go for reliance money.too many hidden costs. go some other but never with reliance
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669.1. sharad  Sep 8, 2013 10:57:10 AM IST
i was using it for last 4years. all services are very poor, lots of hidden charges. i suggest do not any services of reliance money.
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668. ONP  Feb 14, 2011 12:09:14 PM IST Reply
I had some problems and wanted to have doubts cleared. The doubts were satisfied immediately with full patience by one Mr. Chiranjeevi at TF: 9380008427 in Pondi. Their service seems to be good

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