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FundsIndia Vs Reliance Securities
| | Broker Comparison, Trading | No Comments
Here is a point by point comparison of FundsIndia Vs Reliance Securities.
Reliance Securities is a full-service stockbroker and is a trading arm of Reliance Capital. It was founded in the year 2006 and currently has a customer base of 7 lakh with a presence in over 1700 branches.
FundsIndia, on the other hand, is an investment services firm which was incorporated back in the year 2009. Primarily know for mutual funds, this stockbroker also allows you to trade in Equities and few other investment products at low cost.
FundsIndia Vs Reliance Securities Comparison
It can become very difficult to decide between a discount broker and a full-service broker since they offer different propositions. However, if you are able to see how one type of broker is different from the other on a side to side level, making a choice can be relatively simpler.
Thus, to make things easy for you, we have listed out the comparison between FundsIndia Vs Reliance Securities to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
FundsIndia Vs Reliance Securities Details
 |  | |
| Reliance Securities Review | FundsIndia Review | |
| OVERVIEW | ||
| Incorporated In the Year | 2006 | 2009 |
| Number of branches across India | 1700 | 1 |
| Exchanges | NSE, BSE, & MCX-SX | SEBI |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹950 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹200 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹400 | ₹0 |
| Transaction Charges | Reliance Securities Transaction Charges | FundsIndia Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.5% to 0.08% | Min. ₹6, Max ₹20 |
| Intraday Delivery | 0.05% to 0.005% | Min. ₹6, Max ₹20 |
| Equity Futures | 0.05% to 0.005% | Min. ₹6, Max ₹20 |
| Equity Options | ₹7 to ₹10 per lot | Min. ₹6, Max ₹20 |
| Currency Futures | 0.04% | NA |
| Currency Options | ₹40 per lot | NA |
| Commodity | NA | NA |
| Calculate Brokerage | Reliance Securities Brokerage Calculator | FundsIndia Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday, Upto 3 times for Delivery | Upto 5 Times |
| Equity Futures | Upto 3 times for Intraday | Upto 5 Times |
| Equity Options | No Leverage | Upto 5 Times |
| Currency Futures | No Leverage | NA |
| Currency Options | No Leverage | NA |
| Commodities | NA | NA |
| RESEARCH | ||
| Daily Market Reports |  |  |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | InstaExpress | FundsIndia Web, FundsIndia Mobile App |
| Complaint Percentage of Active Clients | 0.08% | 0.02% |
| OVERALL RATING |  |  |
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with FundsIndia Vs Reliance Securities for the benefits of other readers? Please feel free to share in the comments below.
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FundsIndia Vs Reliance Securities
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