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Sharekhan Vs Reliance Securities Share Broker Comparison

The side-by-side comparison of Sharekhan and Reliance Securities Limited stock brokers in India. The comparison below highlights the similarities and differences between Sharekhan and Reliance Securities'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 Sharekhan and Reliance Securities.

  Sharekhan Reliance Securities Limited
 
Sharekhan Logo Reliance Securities Limited Logo
About the Broker Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & f... Know more about Sharekhan 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
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE
Account Type Classic Account R Fixed Online
Broker Enquiry Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Reliance Securities. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Sharekhan Reliance Securities Limited
Trading Account Opening Fees ₹0 (Free) Rs 950
Trading Account AMC ₹0 (Free) Rs 0
Demat Account Opening Fees ₹0 (Free) Rs 0
Demat Account AMC ₹400 (Free for 1st year) Rs 400
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Sharekhan Reliance Securities Limited
Account Type Classic Account R Fixed Online
Fixed Charges
Equity Delivery Brokerage 0.50% 0.40%
Equity Intraday Brokerage 0.10% 0.04%
Equity Futures Brokerage 0.10% 0.04%
Equity Options Brokerage ₹50 per lot ₹100 per lot
Currency Futures Trading Brokerage 0.10% 0.04%
Currency Options Trading Brokerage ₹30 per lot ₹100 per lot
Commodity Futures Trading Brokerage 0.03% NA
Commodity Options Trading Brokerage 0.03% NA

Brokerage Plan 2

  Sharekhan Reliance Securities Limited
Account Type Prepaid - ₹1 Lakh R Fixed
Fixed Charges ₹1,00,000 per year NA
Equity Delivery Brokerage 0.10% 0.50%
Equity Intraday Brokerage 0.015% 0.05%
Equity Futures Brokerage 0.015% 0.05%
Equity Options Brokerage 0.05% or ₹63 per lot ₹100 per lot
Currency Futures Trading Brokerage
Currency Options Trading Brokerage
Commodity Futures Trading Brokerage
Commodity Options Trading Brokerage

Brokerage Plan 3

  Sharekhan Reliance Securities Limited
Account Type Margin - ₹1 Lakh R Fixed Online
Fixed Charges ₹1,00,000 margin NA
Equity Delivery Brokerage 0.25% 0.40%
Equity Intraday Brokerage 0.05% 0.04%
Equity Futures Brokerage 0.05% 0.04%
Equity Options Brokerage 1% or ₹70 per lot ₹100 per lot
Currency Futures Trading Brokerage 0.04%
Currency Options Trading Brokerage ₹100 per lot
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage NA

Other Charges

Minimum Brokerage Charges Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share 5 paise per share
Other Brokerage Charges Physical contract note: ₹40 | Physical Ledger: ₹40
Call & Trade Charges Rs 20 ₹20 per call (First 20 calls free)
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Taxes

  Sharekhan Reliance Securities Limited
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

  Sharekhan Reliance Securities Limited
Equity Delivery NSE ₹325 | BSE ₹275 0.0035%
Equity Intraday NSE ₹325 | BSE ₹275 0.0035%
Equity Futures NSE ₹190 | BSE ₹50 0.0033%
Equity Options NSE ₹5000 | BSE ₹50 0.063% on premium
Currency Futures NSE ₹135 | MCX ₹130
Currency Options NSE ₹4220 | MCX ₹3220
Commodity MCX (Non-Agri) ₹230 | MCX (Agri) ₹95 NA
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Exposure

  Sharekhan Reliance Securities Limited
Equity Delivery Upto 5x with 24% interest per year Upto 3x with 21% interest per year
Equity Intraday Upto 10x Upto 10x
Equity Futures 2x Upto 3x
Equity Options Nil Nil
Currency Futures Nil Nil
Currency Options Nil Nil
Commodity Upto 2x NA
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Share Broker Features

  Sharekhan Reliance Securities Limited
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform TradeTiger, Sharekhan Mobile InstaXpress, InstaPlus, Tick, Tick PRO, R Mobile express
Intraday Square-off Time 3:30 PM
Other Features Pattern finder, Class room training Mobile Application: Rmobile Xpress
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Broker Ratings (Average User Rating)

  Sharekhan Reliance Securities Limited
  277 Customer Reviews    Rate Sharekhan 61 Customer Reviews    Rate Reliance Securities
Fees Ratings 3.1 3.5
Trading Brokerage Rating 2.9 3.3
Trading Platform Usability 3.7 3.3
Customer Service Ratings 3.4 3.4
Overall Ratings Rated 3.4 stars Rated 3.3 stars
Broker Rating Sharekhan is Rated 3.4 / 5 based on 277 customer reviews Reliance Securities is Rated 3.3 / 5 based on 61 customer reviews
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Contact Broker / Request A Call Back

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

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

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

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

  Sharekhan Reliance Securities Limited
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Suitable for Investor Category

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

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Pros, Cons and Other Review Comments

  Sharekhan Reliance Securities Limited
Pros
  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
  • Stock SIP is available.
  • Loan against shares, margin funding, ipo financing and ESOP funding is available.

More Advantages...

More Advantages...

Cons
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges ₹400 as AMC for trading account in addition to ₹400 for demat account.

More Disadvantages...

More Disadvantages...

Reviews
Promo / Offers

Free Trading & Demat Account (for limited time only)

Sharekhan offers FREE Trading + Demat Account (₹1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.

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

Enquire about Sharekhan Enquire about Reliance Securities
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