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Reliance Securities Vs Fyers (Compare Reliance Securities and Fyers)

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

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

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

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Reliance Securities Vs Fyers

  Reliance Securities Limited Fyers Securities Ltd
 
Reliance Securities Limited Logo Fyers Securities 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 Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE. FYERS word is an acronym of "Focus Your Energy & Reform the Self", representi... Know more about Fyers Securities Ltd
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE NSE, MCX
Account Type R Fixed Online Flat Fee Brokerage Plan
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 Fyers. Leave your contact info and we will get in touch with you.
Year of Incorporation 2015
Number of Branches 1
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Reliance Securities Vs Fyers Charges

  Reliance Securities Limited Fyers Securities Ltd
Trading Account Opening Fees Rs 950 ₹0 (Free)
Trading Account AMC Rs 0 ₹0 (Free)
Demat Account Opening Fees Rs 0 ₹0 (Free)
Demat Account AMC Rs 400 ₹400
Demat Account is Mandatory? No No
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Reliance Securities Vs Fyers Brokerage

Brokerage Plan 1

  Reliance Securities Limited Fyers Securities Ltd
Account Type R Fixed Online Flat Fee Brokerage Plan
Fixed Charges NA
Equity Delivery Brokerage 0.40% ₹0 (Free)
Equity Intraday Brokerage 0.04% ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage 0.04% ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹100 per lot ₹20 per executed order
Currency Futures Trading Brokerage 0.04% ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹100 per lot ₹20 per executed order
Commodity Futures Trading Brokerage NA NA
Commodity Options Trading Brokerage NA

Brokerage Plan 2

  Reliance Securities Limited Fyers Securities Ltd
Account Type R Fixed Flat Fee Brokerage Plan
Fixed Charges NA NA
Equity Delivery Brokerage 0.50% ₹0 (Free)
Equity Intraday Brokerage 0.05% ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage 0.05% ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹100 per lot ₹20 per executed order
Currency Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹20 per executed order
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges 5 paise per share
Other Brokerage Charges Physical contract note: ₹40 | Physical Ledger: ₹40 Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)
Call & Trade Charges ₹20 per call (First 20 calls free) ₹20 per trade
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Reliance Securities Vs Fyers Taxes

  Reliance Securities Limited Fyers Securities Ltd
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Reliance Securities Vs Fyers Transaction Charges

  Reliance Securities Limited Fyers Securities Ltd
Equity Delivery 0.0035% ₹325 per crore (0.00325%)
Equity Intraday 0.0035% ₹325 per crore (0.00325%)
Equity Futures 0.0033% ₹240 per crore (0.0024%)
Equity Options 0.063% on premium ₹5900 per crore (on premium) (0.059%)
Currency Futures ₹240 per crore (0.0024%)
Currency Options ₹5900 per crore (on premium) (0.059%)
Commodity NA NA
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Reliance Securities Vs Fyers Exposure Margin

  Reliance Securities Limited Fyers Securities Ltd
Equity Delivery Upto 3x with 21% interest per year 1 times
Equity Intraday Upto 10x Up to 16x (based on the stock)
Equity Futures Upto 3x Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options Nil Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x
Currency Futures Nil Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options Nil Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)
Commodity NA NA
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Reliance Securities and Fyers Feature Comparison

  Reliance Securities Limited Fyers Securities Ltd
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform InstaXpress, InstaPlus, Tick, Tick PRO, R Mobile express Fyers One (In-house build)
Intraday Square-off Time 3:20 PM
Other Features Mobile Application: Rmobile Xpress Brokerage free thematic investing is available
Referral Program Yes
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Reliance Securities Vs Fyers Review

  Reliance Securities Limited Fyers Securities Ltd
  61 Customer Reviews    Rate Reliance Securities 8 Customer Reviews    Rate Fyers
Fees Ratings 3.5 3.1
Trading Brokerage Rating 3.3 3.9
Trading Platform Usability 3.3 3.0
Customer Service Ratings 3.4 4.0
Overall Ratings Rated 3.3 stars Rated 3.6 stars
Broker Rating Reliance Securities is Rated 3.3 / 5 based on 61 customer reviews Fyers is Rated 3.6 / 5 based on 8 customer reviews
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Contact Broker / Request A Call Back

  Reliance Securities Limited Fyers Securities Ltd
Contact / Request Call Back
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Reliance Securities Vs Fyers Investment Options

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

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

  Reliance Securities Limited Fyers Securities Ltd
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 Fyers Research Report

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

  Reliance Securities Limited Fyers Securities Ltd
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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Reliance Securities Vs Fyers - Advantages and Disadvantages

  Reliance Securities Limited Fyers Securities Ltd
Pros

More Advantages...

  • Free equity delivery trades and thematic investments. No brokerage for this segment.
  • Very low brokerage charges of maximum ₹20 per trade.
  • No software charges.
  • State of art trading platforms.
  • Thematic investment is available
  • Refer your friends and earn 20% of the revenues generated by your friends, for life!

More Advantages...

Cons

More Disadvantages...

  • Depository services are offered through another company (IL&FS). Higher demat charges.
  • No branch offices.
  • No good 'til canceled (GTC) orders.

More Disadvantages...

Reviews
Promo / Offers

Fyers offer FREE Trading Account (₹0 account opening fee). Equity delivery trades are FREE (no brokerage), for other segments you pay ₹20 per trade flat broekrage fee.

This is a limited time offer. Simply leave your contact information with us and Fyers representatives will contact you.

Enquire about Reliance Securities Enquire about Fyers
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