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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
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.
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 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.
682. Karthikeyan  Sep 13, 2014 5:24:55 PM IST Reply
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
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

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

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

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

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.
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..


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Excellent
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
677. Anuj Sharma  Sep 3, 2013 3:27:58 PM IST Reply

This is Anuj Sharma. We provide best services for Free Demat Account Opening.
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 takes more than 7 days to receive a new security token only to discover that it is not mapped to my account.


Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Below Average
675. rst  May 3, 2013 5:10:52 AM IST Reply
Should I go for reliance money or angel broker
675.1. sandeep  May 29, 2013 5:57:05 PM IST
you should go for reliance money , its cheaper & it many option of investment
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.
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.
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


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
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.


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

Overall Rating - Excellent
Fees - Excellent
Brokerage - Very Poor
Website usability - Excellent
Customer Service - Excellent
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
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.
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
667. Pavanpavan  Dec 29, 2010 3:39:51 PM IST Reply
I had horrible experience with reliance money. their trading platform sucks with login issues. Security token is extra headache. we need to change Transaction password for every 15 days apart from login password. I really couldnt understand what is necessity of transaction password when we have login password and security token. Remember, most of the other dmats have only login password. recently, my security token failed to work and giving all zeroes when pressed. I have raised request for new token at cost of 200/- Im a software engineer and its cumbersome for me to use reliance money online platform. vexed up with reliance money, I have opened dmat with other brokerage. Overall, its nightmare and go for it if u want to make ur life miserable. Ask someone who is using reliance money in ur frens or relatives and take a decision.
1. we can do fund transfer frm only 1 bank account which is linked to our dmat where as India infoline provided facility to do fund transfer from any bank a/c.
2. Security token is unnecessary headache with short life.
3. unstable online trading platform and worst interface ..not at all user friendly
4. No transparency and honesty in transactions.
5. poor customer care.
It tested my patience several times. being vexed by RMoney, i had avoided to login for months together and lost lot of good oppurtunities.However, i completely avoided it now and using another trading platform. Totally that bast**d Anil ambani is a big cheater.. He looted lot of public money thru his Reliance power IPO and looting every day thru Reliance money.
666. Jitendra  Dec 15, 2010 11:18:29 AM IST Reply
I agree with Mr Swapnil Jagtap. I have opened trading account with Rmoney before 3 months. They are serving me very better. Their new software is very good calld INSTA PLUS.. They charging 0.20% brokerage from me.... Tips are also very good. Overall EXCELLENT Experience..
665. Nitesh Kumar sharma  Dec 11, 2010 11:06:04 AM IST Reply
Hi.. This is Nitesh. i wanna need to open an free demat account. plz explain me what is the rule of reliance money account. and can i start 1000.Rs.tell me.

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