Reliance Securities Vs Finvasia (Compare Reliance Securities and Finvasia)

The side-by-side comparison of Reliance Securities and Finvasia. Compare Reliance Securities Vs Finvasia brokerage, charges, exposure margin, demat account. Read Finvasia and Reliance Securities review.

Find out Reliance Securities Vs Finvasia which is better and Reliance Securities Vs Finvasia which is best.

Our Reliance Securities Limited comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Reliance Securities and Finvasia.

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Reliance Securities Vs Finvasia

  Reliance Securities Finvasia
Find more info about broker
Reliance Securities Limited Logo Finvasia Securities Pvt Ltd Logo
About the Broker 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 Finvasia is India based technology-driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset management, in... Know more about Finvasia Securities Pvt Ltd
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE BSE, NSE, MCX
Account Type R Fixed Online Standard
Broker Enquiry Open an Online Trading Account with Reliance Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Finvasia. Leave your contact info and we will get in touch with you.
Year of Incorporation 2006 2013
Number of Branches 40 1
Enquire Reliance Securities Enquire Finvasia
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Reliance Securities Vs Finvasia Charges

  Reliance Securities Finvasia
Trading Account Opening Fees ₹950 ₹0 (Free)
Trading Account AMC ₹0 ₹0 (Free)
Demat Account Opening Fees ₹0 ₹0 (Free)
Demat Account AMC ₹400 ₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory? No No
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Reliance Securities Vs Finvasia Brokerage

Brokerage Plan 1

  Reliance Securities Finvasia
Account Type R Fixed Online Standard
Fixed Charges NA
Equity Delivery Brokerage 0.40% ₹0
Equity Intraday Brokerage 0.04% ₹0
Equity Futures Brokerage 0.04% ₹0
Equity Options Brokerage ₹100 per lot ₹0
Currency Futures Trading Brokerage 0.04% ₹0
Currency Options Trading Brokerage ₹100 per lot ₹0
Commodity Futures Trading Brokerage NA ₹0
Commodity Options Trading Brokerage NA ₹0
Special Offer

Brokerage Plan 2

  Reliance Securities Finvasia
Account Type R Fixed Standard
Fixed Charges NA NA
Equity Delivery Brokerage 0.50% ₹0
Equity Intraday Brokerage 0.05% ₹0
Equity Futures Brokerage 0.05% ₹0
Equity Options Brokerage ₹100 per lot ₹0
Currency Futures Trading Brokerage ₹0
Currency Options Trading Brokerage ₹0
Commodity Futures Trading Brokerage ₹0
Commodity Options Trading Brokerage ₹0

Other Charges

Minimum Brokerage Charges 5 paise per share ₹0
Other Brokerage Charges Physical contract note: ₹40 | Physical Ledger: ₹40 Bracket Orders in NEST: ₹99 per month
Call & Trade Charges ₹20 per call (First 20 calls free) ₹0
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Reliance Securities Vs Finvasia Taxes

  Reliance Securities Finvasia
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below
SEBI Charges Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address.
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Reliance Securities Vs Finvasia Transaction Charges

  Reliance Securities Finvasia
Equity Delivery 0.0035% NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side)
Equity Intraday 0.0035% NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side)
Equity Futures 0.0033% NSE ₹190 per Cr (0.0019%) | BSE ₹190 per Cr (0.0019%) (each side)
Equity Options 0.063% on premium ₹5000 per Cr (0.05%) (on premium)
Currency Futures ₹115 per Cr (0.00115%)
Currency Options ₹4000 per Cr (0.04%) (on premium)
Commodity NA ₹260 per Cr (0.0026%)
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Reliance Securities Vs Finvasia Exposure Margin

  Reliance Securities Finvasia
Equity Delivery Upto 3x with 21% interest per year 1x
Equity Intraday Upto 10x up to 10x
Equity Futures Upto 3x 2x
Equity Options Nil 1x
Currency Futures Nil 1x
Currency Options Nil 1x
Commodity Futures NA 2x
Commodity Options 1x
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Reliance Securities and Finvasia Feature Comparison

  Reliance Securities Finvasia
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
Trading Platform InstaXpress, InstaPlus, Tick, Tick PRO, R Mobile express Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time 3:15 PM
Other Features Mobile Application: Rmobile Xpress Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
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Reliance Securities Vs Finvasia Review

  Reliance Securities Finvasia
  62 Customer Reviews    Rate Reliance Securities 14 Customer Reviews    Rate Finvasia
Fees 3.5 4.4
Trading Brokerage 3.4 4.8
Trading Platform Usability 3.3 2.9
Customer Service 3.5 4.7
Research Capabilities 4.0 3.0
Overall Ratings Rated 3.3 stars Rated 4.5 stars
Broker Rating Reliance Securities is Rated 3.3 / 5 based on 62 customer reviews Finvasia is Rated 4.5 / 5 based on 14 customer reviews
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Contact Broker / Request A Call Back

  Reliance Securities Enquire Finvasia Enquire
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Reliance Securities Vs Finvasia Investment Options

  Reliance Securities Finvasia
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt No No
Other Investment Options Option strategies, R Model Portfolio
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Reliance Securities Vs Finvasia Customer Service

  Reliance Securities Finvasia
24/7 Customer Service No No
Onine Live Chat Yes Yes
Through Branches Yes No
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Reliance Securities Vs Finvasia Order Type Offered

  Reliance Securities Finvasia
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
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Reliance Securities Vs Finvasia Research Report

  Reliance Securities Finvasia
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Reliance Securities Vs Finvasia Suitable For Investor Type

  Reliance Securities Finvasia
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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Reliance Securities Vs Finvasia - Advantages and Disadvantages

  Reliance Securities Finvasia
Pros

More Advantages...

  • Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
  • Doesn't charge any trade clearing charges.
  • A variety of trading platforms are available for the trader to choose from.
  • Provides trading API and support Algo trading tools.
  • Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
  • Call & trade is available for free to all the customers.
  • GTC orders are available in MCX.

More Advantages...

Cons

More Disadvantages...

  • Finvasia is an online stock broker. Except for Chandigarh, it doesn't have branch offices, partner office or franchises.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding. The company is planning to launch this service in future.
  • Leverage offered is on the lower side in comparison with other discount brokers.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.

More Disadvantages...

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