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Reliance Securities Vs IIFL (Compare Reliance Securities and IIFL)

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

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

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

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Reliance Securities Vs IIFL

  Reliance Securities IIFL
Find more info about broker
Reliance Securities Limited Logo IIFL Securities Limited 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 1995, India Infoline (IIFL) is the brokerage firm of India Infoline Group, a fastest growing financial services solution provider in India. India Infoline is listed on BSE (532636) and NSE (INDIAINFO) for securities trading. IIFL off... Know more about IIFL Securities Limited
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE NSE, BSE, MCX
Account Type R Fixed Online Standard Account
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 IIFL. Leave your contact info and we will get in touch with you.
Year of Incorporation 2006 1996
Number of Branches 40 900
Enquire Reliance Securities Enquire IIFL
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Reliance Securities Vs IIFL Charges

  Reliance Securities IIFL
Trading Account Opening Fees ₹950 ₹750
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹0 ₹555
Demat Account AMC ₹400 ₹ 400 (One time)
Demat Account is Mandatory? No No
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Reliance Securities Vs IIFL Brokerage

Brokerage Plan 1

  Reliance Securities IIFL
Account Type R Fixed Online Standard Account
Fixed Charges NA
Equity Delivery Brokerage 0.40% 0.50%
Equity Intraday Brokerage 0.04% 0.05%
Equity Futures Brokerage 0.04% 0.05%
Equity Options Brokerage ₹100 per lot 1% of Premium or ₹100 per lot whichever is high
Currency Futures Trading Brokerage 0.04% ₹25 per lot
Currency Options Trading Brokerage ₹100 per lot 1% of Premium or ₹100 per lot whichever is high
Commodity Futures Trading Brokerage NA 0.05%
Commodity Options Trading Brokerage NA
Special Offer
Special Offer: Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer

Brokerage Plan 2

  Reliance Securities IIFL
Account Type R Fixed Standard Account
Fixed Charges NA
Equity Delivery Brokerage 0.50% 0.50%
Equity Intraday Brokerage 0.05% 0.05%
Equity Futures Brokerage 0.05% 0.05%
Equity Options Brokerage ₹100 per lot 1% of Premium or ₹100 per lot whichever is high
Currency Futures Trading Brokerage ₹25 per lot
Currency Options Trading Brokerage 1% of Premium or ₹100 per lot whichever is high
Commodity Futures Trading Brokerage 0.05%
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges 5 paise per share ₹0.05 per share
Other Brokerage Charges Physical contract note: ₹40 | Physical Ledger: ₹40 Advisory SMS - ₹50 per month
Call & Trade Charges ₹20 per call (First 20 calls free) ₹50 per call
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Reliance Securities Vs IIFL Taxes

  Reliance Securities IIFL
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 IIFL Transaction Charges

  Reliance Securities IIFL
Equity Delivery 0.0035% 0.00325%
Equity Intraday 0.0035% 0.00325%
Equity Futures 0.0033% 0.0021%
Equity Options 0.063% on premium 0.051% on premium
Currency Futures 0.0021%
Currency Options 0.051% on premium
Commodity NA 0.0028%
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Reliance Securities Vs IIFL Exposure Margin

  Reliance Securities IIFL
Equity Delivery Upto 3x with 21% interest per year Upto 3x with 18% interest per year
Equity Intraday Upto 10x Upto 20x
Equity Futures Upto 3x Upto 3x
Equity Options Nil 3x for shorting
Currency Futures Nil Upto 2x
Currency Options Nil 2x for shorting
Commodity Futures NA Upto 3x
Commodity Options
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Reliance Securities and IIFL Feature Comparison

  Reliance Securities IIFL
3 in 1 Account No No
Charting Yes Yes
Automated Trading No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform InstaXpress, InstaPlus, Tick, Tick PRO, R Mobile express TT Exe, TT Web, IIFL Markets
Intraday Square-off Time
Other Features Mobile Application: Rmobile Xpress Market Mantra, Loyalty Points
Referral Program
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Reliance Securities Vs IIFL Review

  Reliance Securities IIFL
  61 Customer Reviews    Rate Reliance Securities 108 Customer Reviews    Rate IIFL
Fees 3.5 2.9
Trading Brokerage 3.3 2.6
Trading Platform Usability 3.3 3.3
Customer Service 3.4 2.7
Research Capabilities 3.0
Overall Ratings Rated 3.3 stars Rated 2.7 stars
Broker Rating Reliance Securities is Rated 3.3 / 5 based on 61 customer reviews IIFL is Rated 2.7 / 5 based on 108 customer reviews
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Contact Broker / Request A Call Back

  Reliance Securities Enquire IIFL Enquire
Contact Broker

Leave your contact information and we will get in touch with you....

Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer

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Reliance Securities Vs IIFL Investment Options

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

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

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

  Reliance Securities IIFL
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Reliance Securities Vs IIFL Suitable For Investor Type

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

  Reliance Securities IIFL
Pros

More Advantages...

  1. 4000+ branches in 900+ cities make them your neighborhood broker.
  2. Being a full service broker, they offer wide range of financial products and services.
  3. IIFL offers Systematic Investment Plan in Equity, Commodity and Mutual Fund.
  4. India Infoline Ltd is a publicly traded company listed at BSE and NSE.

More Advantages...

Cons

More Disadvantages...

  1. SMS alerts at additional ₹249 per month
  2. Demat debit charges is 0.05% (Minimum ₹15 - Maximum ₹100) per debit transaction. Demat credit charges is NIL.
  3. India Infoline doesn't provide 3-in-1 account.

More Disadvantages...

Reviews
Promo / Offers Open IIFL Demat & Trading Account & Save upto ₹1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer
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