Reliance Securities Stock Trading, Demat, Brokerage and Reviews
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. Group's major interests ranges from communications (Reliance Communications) and financial services (Reliance Capital Ltd), to generation, transmission and distribution of power (Reliance Energy), infrastructure and entertainment.
Reliance Ssecurities has over 22 lakhs customers and more then 10'000 branches in around 5000 cities in India. Company is among the largest broking and distribution house of financial products and having share of more then 3% of total stock market volume at BSE & NSE.
Rsec.co.in is the web based investment portal (with Online Stock Trading) from Reliance Securities. This website enables its customer to invest & manage most of the services provided by Reliance Securities including Equity (Stock) Trading, Commodity Trading, Derivatives, Mutual Fund Investment, IPO Investment, Life Insurances, General insurances, Money Transfer, Currency Derivatives, Gold Coins and Credit Cards Services. Company recently entered in to Wealth Management with tools like investment in equity-linked portfolio management services, structured products, insurance and mutual funds.
The Reliance Securities website uses special security features 'Security Token', which makes your online trading experience more secure without complexity.
Trade In: NSE, BSE & MCX-SX, MCX, NCDEX, NMCE
The investment options available with Reliance Securities are as below:
Equities Trading - Delivery, Intraday, leveraged trading based on Cash+Collaterals, Cover order along with stop loss, After market Hours Orders, Regular Stock Purchase Plans, R-Mobile Trading
Equities Derivatives Trading
Currency Derivatives Trading
Commodity Trading (Gold, Silver, Crude etc....) at MCX, NCDEX and NMCE
Mutual Fund, Liquid funds, Bonds, FD's Investment, Structured Products, Wealth Management and Portfolio Management Services, Premium Research
Reliance Securities Rated 3.34 / 5 based on 41 customer reviews
Reliance Securities's Trading Platforms
Reliance Securities provides different platforms for trading:
Easy Trade ia a browser based platform for first time investors.
Insta Plus is a web browser based trading system which helps you to directly place orders through market watch and helps to apply online in various products such as MF, FD, Bonds, IPO, OFS, AMO orders, Stop loss cover order, Systematic equity plans, etc.
Insta Xpress - Live streaming quotes
InstaXpress is an EXE based, high speed trading tool that allows you to monitor what is happening in the market at real time speed. It provides an investor with Live streaming quotes & Research Calls, integrated fund transfer system along with multiple watch list facility. Investor can also do technical analysis with the help advance charting tools.
R Mobile Xpress (Mobile Trading)
RMobile Xpress is a smart mobile trading application that allows you to be in touch with market anytime and anywhere during market hours at your finger tips.
Reliance Securities Research Desk
Reliance Securities Research Desk provides independent Equity Research to Retail Clients. It has a strong and highly experienced team of Analysts enjoying a rich blend of youth and experience. In terms of sector coverage we cover sectors like Automotives, Auto Components, Capital Goods, Engineering, Cement, Infrastructure, Banking, Software, Pharma, Telecom, FMCG, Media and Oil. The Fundamental Research is broadly idea based and gives a mix of large-cap and mid-cap ideas.
Reliance Securities Brokerage Charges 2013
Account opening fees:
Trading Account Opening Charges (One Time): Rs 950
Free for individuals working in Top 500 corporates / Free for prepaid accounts
Trading Annual maintenance charges (AMC): Rs 0
Demat Account Opening Charges (One Time): -
Demat Account Annual Maintenance Charges (AMC): Rs 200 per annum
R-FIXED (Fixed Brokerage) (* All charges are on both sides)
Delivery Based Trades: 50 paise
Intra-day Trades: 5 paise
Futures Trades: 5 paise
Options Trades: Rs. 70/- per lot
Reliance Securities Demat Account Charges:
Annual Services Charges - For Individuals / HUFs / Trust
Transaction Charges - SELL (Market & Off Market) For instructions given in physical form.
Transaction Charges - SELL (Market & Off Market) For instructions received through Internet/ online trading through Reliance Securities Ltd.
How to open account with Reliance Securities Limited?
For online trading with Reliance Money, investor has to open an account. Following are the ways to open an account with Reliance Money:
Download the Account opening form from their website and submit the duly filled signed copy to nearest RSL branch.
Call them at phone number [022 39886000, 25816000, 26856000, 33506000] and their associates will help you with new account opening formalities.
For opening trading account online, goto their website and open Trading Account OR you can enter your name and contact details on website and their representative will contact you.
Reliance Securities Advantages
Extra security features with Security Token, which is the most secure and tested technology in computer world.
Every customer can trade on its own by logging into his accounts or customer can call their Call n Trade desk with trading assistance.
Leveraged intraday product with reduced margins which allows customers to trade even with 30 times of their margin.
Almost all investment options are available under one account including Equity Trading, Derivatives, Forex, Commodity, IPO, Mutual Funds and Insurance.
Branches are available in all major cities and the number is growing.
Customers can place after market orders (AMO) for next trading day post market hours.
Benefits of having a Reliance Money account:
It's Cost-effective You pay comparatively lower transaction fees. As an introductory offer, we invite you to pay a flat fee of just Rs. 500/- and transact through Reliance Money. This fee is valid for two months or a specified transaction value*. See the table for details.
Validity (wichever is earlier)
Access Fee (Rs.)
Rs. l Cr.
Rs. 90 Lac
Rs. 10 Lac
Rs. 3 Cr.
Rs. 2.7 Cr.
Rs. 30 Lac
Rs. 6 Cr.
Rs. 5.4 Cr.
Rs. 60 Lac
It offers Single Window Access to almost all financial products.
Its Convenient - Reliance Money's services are through the Internet, Transaction Kiosks and over the phone.
It's Safe Accounts are safe guarded with a unique security number that changes every 32 seconds. This number works as a dynamic password to keep your account extra safe.
It provides you a 3...in...l facility of Banking, Trading and Demat Account through a single window and transfer funds across accounts seamlessly!
Useful links about Reliance Securities
Phone: 022-39886000, 26856000, 33506000
SMS: RSEC to 53636
(Note: Information Last Updated: 6/27/2013 1:55:00 PM)
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.
Brokerage - Average Account Maintenance Fees - Average Website Usability - Very Poor Customer Service - Very Poor Overall Experience - Below Average
i am confused after going through various comments pl help me. whether I should be open an online account with reliance or not thanx.
677. ajay singh Jan 26, 2012 8:11:53 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.
676. satish sharma Dec 27, 2011 10:35:29 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
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
Overall Rating - Excellent Fees - Excellent Brokerage - Very Poor Website usability - Excellent Customer Service - Excellent
673. ALOK KUMAR Mar 24, 2011 4:53:54 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
673.1. sharad Sep 08, 2013 11:57:10 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.
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
671. Pavanpavan Dec 29, 2010 4:39:51 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.
670. Jitendra Dec 15, 2010 12:18:29 PM 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..
669. Nitesh Kumar sharma Dec 11, 2010 12:06:04 PM 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.
668. Munna bhai Dec 06, 2010 12:30:57 PM IST | Reply
Chandni chowk to china Reliance money ji why you not try to undestand why you closed essy trade and limit card maamu.
667. Anil from delhi Dec 05, 2010 7:23:30 PM IST | Reply
Limit turnover option Rs 500. Is very good but bad news is Reliance money closed it so you closed your a/c and feel cool in cold
666. RAJA BABU Dec 05, 2010 7:14:25 PM IST | Reply
Its trading platform is very poor and also mobile gprs system is very very multipal poor i say only keep distance from it
I agree with you Mr. Ravi you write very good answer you are looted by reliance money ltd so closed you your a/c and save you your balance money .as soon as possible . Or complind to SEBI Also in your case thankyou
Reliance money charging very high brokrage. it is poor to me that i sale my filmcity media 40000 share at Rs 0.33 =Rs 13200 total amount and reliance money charged brokrage by no of share Rs 2225 (brok.stt,) and same buy my total brokrage buy and sell is Rs 4450. When i call to customer care they says that it our new % brokrage system so we are not able to do any things please help me. can i compline to SEBI or what i do after. Thank you