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Reliance Securities Vs Zerodha Share Broker Comparison

The side-by-side comparison of Reliance Securities Limited and Zerodha stock brokers in India. The comparison below highlights the similarities and differences between Reliance Securities and Zerodha's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Reliance Securities and Zerodha.

  Reliance Securities Limited Zerodha
 
Reliance Securities Limited Logo Zerodha 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 Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or Rs 20 per executed... Know more about Zerodha
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE NSE, BSE, MCX and NCDEX
Account Type R Fixed Online Standard 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 Zerodha. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Reliance Securities Limited Zerodha
Trading Account Opening Fees Rs 950 ₹300
Trading Account AMC Rs 0 ₹0 (Free)
Demat Account Opening Fees Rs 0 ₹100
Demat Account AMC Rs 400 ₹300
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Reliance Securities Limited Zerodha
Account Type R Fixed Online Standard 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 or .01% whichever is lower
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 or .01% whichever is lower
Commodity Futures Trading Brokerage NA ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage NA ₹20 per executed order or .01% whichever is lower

Brokerage Plan 2

  Reliance Securities Limited Zerodha
Account Type R Fixed Standard Plan
Fixed Charges 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 or .01% whichever is lower
Currency Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage ₹20 per executed order or .01% whichever is lower

Other Charges

Minimum Brokerage Charges 5 paise per share ₹0
Other Brokerage Charges Physical contract note: ₹40 | Physical Ledger: ₹40 Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges ₹20 per call (First 20 calls free) ₹20 per executed order
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Taxes

  Reliance Securities Limited Zerodha
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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Transaction Charges

  Reliance Securities Limited Zerodha
Equity Delivery 0.0035% NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday 0.0035% NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Futures 0.0033% NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Options 0.063% on premium NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
Currency Futures NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)
Currency Options NSE ₹4000 per Cr (0.04%) | BSE ₹100 per Cr (0.001%) (on premium)
Commodity NA Group A - ₹260 per Cr (0.0026%)
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Exposure

  Reliance Securities Limited Zerodha
Equity Delivery Upto 3x with 21% interest per year 1x (no margin)
Equity Intraday Upto 10x Up to 20x (based on the stock)
Equity Futures Upto 3x Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options Nil Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
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)
Commodity NA Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
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Share Broker Features

  Reliance Securities Limited Zerodha
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
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 Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile
Intraday Square-off Time 3:10 PM
Other Features Mobile Application: Rmobile Xpress Direct Mutual Funds, APIs
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Broker Ratings (Average User Rating)

  Reliance Securities Limited Zerodha
  61 Customer Reviews    Rate Reliance Securities 330 Customer Reviews    Rate Zerodha
Fees Ratings 3.5 3.8
Trading Brokerage Rating 3.3 4.4
Trading Platform Usability 3.3 3.6
Customer Service Ratings 3.4 3.5
Overall Ratings Rated 3.3 stars Rated 3.7 stars
Broker Rating Reliance Securities is Rated 3.3 / 5 based on 61 customer reviews Zerodha is Rated 3.7 / 5 based on 330 customer reviews
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Contact Broker / Request A Call Back

  Reliance Securities Limited Zerodha
Contact / Request Call Back
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Investment Options Available

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

  Reliance Securities Limited Zerodha
24/7 Customer Service No No
Onine Live Chat Yes No
Through Branches Yes No
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Order Type

  Reliance Securities Limited Zerodha
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) Yes
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
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Research / Tips / Reports Published

  Reliance Securities Limited Zerodha
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Suitable for Investor Category

  Reliance Securities Limited Zerodha
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

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Pros, Cons and Other Review Comments

  Reliance Securities Limited Zerodha
Pros

More Advantages...

  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Excellent trading platforms made available for free to all its customers.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
  • 10% referral credit for reffering new customers.
  • Direct Mutual Fund Investment is available.
  • Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX.

More Advantages...

Cons

More Disadvantages...

  • Doesn't provide stock tips, research reports or recommendations.
  • Call & Trade is charged at extra Rs 20 order.
  • Doesn't provide options to invest in IPO, Bond and NCD's public offers.
  • Margin funding is not available.
  • GTC/GTD not available in Equity.

More Disadvantages...

Reviews Useful Articles about Zerodha:
Promo / Offers

Truly free equity delivery trading

Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.

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