Reliance Securities: Trading & Demat Account, Reviews, Charges: 2020

Reliance securities also called Reliance Smart Money is a full-service online trading and investment platform and is the broking arm of Reliance Capital. So, let's have a look at Reliance Securities Features, reviews, trading account opening and Brokerage Charges. Reliance Securities started its operation in 2005. It has a strong presence across the country with 1000+ offices serving 8 Lakh customers.

Reliance Securities offers services in:

  • Equities
  • NCDs/Bonds
  • Sovereign Gold Bond
  • IPOs
  • Mutual Funds
  • Derivatives
  • Currency
  • Corporate FDs
  • Insurance Products
  • Securities Lending & Borrowing
  • Auction Market Participation

Features of Reliance Securities

  1. Competitive Brokerage: Provides different competitive brokerage plans suited for different categories of investors and traders
  2. Smart Trading Platforms: Offers a wide range of user-friendly trading platforms from browser-based platform to application based for both computer and mobile devices. It also offers call and trade facility to its customers
  3. Research: It offers it customers with specialized research report ranging from investment summaries, pre-market reports, futures and options (F&O) calls, options strategies, and its proprietary R-Model Portfolio service.
  4. Support Services: Get assisted through Relationship Managers in understanding the market dynamics and execution of buying and sell calls
  5. Reward Programme: It offers its customers with specially designed reward program those use the online platform in equity trading, Investing in Mutual Funds, and select NCDs.

Reliance Securities Brokerage Plan and Charges

Reliance Securities offer three types brokerage plans to its customer depending on the trading and investment pattern. Trading Account opening charges Rs.950 which is a one-time charge. All plans are discussed in details below.

1. R-Flexi Plan: It offers a sliding scale brokerage plan in which charges decreases with the increase in volume traded. The benefits of this Flexi scheme available in Delivery, Margin, and options. The scheme is best suited for high-value traders.

2. RFixed Online Plan:  This plan is designed for online customers who themselves operates and executes a trade without any dealer support. The plan has fixed brokerage charges, irrespective of the size of the transaction with seamless trading experience on web platforms.

3. R Fixed Plan: In this plan,  the customer will have the option to pay a fixed cost for all your trades with the ease of having access to branch and a relationship manager who will help to take investment decisions based on in-house generated fundamental and technical research reports.

Reliance Trading platforms

  1. TICK: It is the most advanced trading software offered by Reliance Securities with features like Big Data Analytics, Robo insights, News Analytics, Portfolio & Trade Highlights, Technical Alerts & Signals.
  2. TICK Pro: This is an App based trading platform with same features of TICK trading software.
  3. INSTA EXPRESS: It's a free, .exe  based trading tool which provides super fast trading experience in equity and derivatives. It allows trading in real time environment with live market rates of scrips in NSE, BSE & NSE Currency.
  4. INSTA PLUS: It's a web-based trading platform which provides seamless trading experience to retail customers.

Features of Platform

  • Integrated market watch for Equities and Derivatives
  • Live Streaming Quotes
  • Know your margins before order entry
  • Multiple payment gateways
  • Integrated research with fundamental and technical analysis
  • Seamless investments in Mutual funds, IPOs, Bonds, etc.
  • Advanced charting tools.
  • Branch Desk Dealing: This service is assisted by your Relationship Manager (RM). The RM guides the investor with all short of market information and executes the trade on the behalf of customer.
  • Call and Trade: This facility is available to customer every trading day from 8:30 AM to 4:30 PM.
  • Trade Express: It's a Java based trading tool to provide world class terminal-like trading experience to customers. Few features are:
  • Stream quotes from stock exchanges.
  • Single screen for cash and derivatives to make hassle free trading and investing in stocks
  • Multiple market watch profiles.
  • View holdings, check limits on one screen

Reliance Securities Ltd.

Pros

  • Offers flexible brokerage plan and trading medium to customers.
  • All investment product and financial service are available under one roof
  • Spread across all major cities

Cons

  • Plans with low brokerage charges are available to big traders
  • No much difference in brokerage fees with other broking companies for small traders

Reliance Security is a reputed stock broking arm and provides a wide array of financial solutions to its customers. Its advanced analytics and Robo-trading software provide an edge over other broking companies to advanced free trading software. It's reasonably priced broking plans are designed keeping in mind of needs of the different types investors. It combines the value of research, big data analytics and long experience in capital markets to provide value to customers.

Frequently Asked questions (FAQs)

  1. How do I check my current brokerage plan on the trading portal? Please follow the below-mentioned steps after you login to your trading account on Insta Plus Platform:
  • Click on 'Quick Link' option displayed on the left-hand side of the trading page.
  • Click on My Profile option and scroll down and check 'Brokerage Details'.
  1. How many bank accounts can be linked to my trading account? You can link a maximum of three bank accounts with your trading account for making payment.

  2. I want to change my e-mail address and mobile number through the online portal. Please follow the below-mentioned steps after you login to your account:

  • Click on 'Quick Link' option displayed on the left-hand side of the trading page.
  • Click on 'My Profile' option and click on 'Update Primary Email and Phone Number'.
  1. My account is dormant. How do I activate it? Please follow below mentioned steps to activate account:
  • Open the website www.rsec.co.in
  • Click on Trade
  • Enter User IDand it will redirect to reactivation page
  • Enter PAN Number and registered email address and click on submit
  • Your account will be reactivated immediately and you will be redirected to reset your login password.
  1. How can I generate an online password? Please follow the steps mentioned below to generate a new password A. Open www.rsec.co.in B. Click on, “Trade” C. Enter User ID D. Click on, “Forget password” E. A new window will open. Please enter PAN number and registered email address F. A new window will open. Please select the desired option and password will be sent to registered email address.

  2. How to place Equity and Derivative orders? Please follow below mentioned process to place order in Insta Plus 1. Equity Order A. Login to New Insta Plus B. Click on “Equity” C. Click on ”Place Order” D. Select “Exchange” E. Select the scrip name you wish to Buy or Sell F. Select the Product Code G. Enter the Quantity that you wish to Buy or Sell H. Select the Order Type Limit, Market or Stop Loss –L (DO not select Stop Loss-M) I. Select retention type as DAY J. Click on Submit to complete the order placing process.

2. Derivative Order A. Login to New Insta Plus B. Click on “Derivative” C. Select the exchange as NFO D. Select the Instrument Type – OPTSTK, OPTIDX, OPTIGX, FUTSTK, FUTIDX, and FUTIGX E. Select the Symbol F. Select the expiry month – 1st Month, 2nd Month G. Select Option Type – CE, PE (Applicable for Options) H. Select the Strike Price (Applicable for Options)I. Select the Action (Buy/Sell) I. Select the Product Code as, “NRML/MIS/CO” (CO for Nifty /Bank Nifty) J. Enter the Quantity that you wish to Buy or Sell K. Select the Order Type Limit, Market or Stop Loss L (DO not select Stop Loss-M)L. Select retention type as Day M. Click on Submit to complete the order placing process

  1. How does one check trading ledger balance and Demat holdings? Ledger Balance Please follow below mentioned steps to check Current Ledger in Insta Plus: A. Login to New Insta Plus. B. Click on, “Equity” C. Click on, “Limits”

Demat Holding Please follow below mentioned steps to check Demat Holding in Insta Plus: 1. Login to Insta Plus 2. Click on Equity 3. Click on DP Holdings

After placing fund withdrawal, when will I receive credit in my bank account? A. If request is placed before 4.30 PM on working day and correct IFSC code is updated then the amount will credit in his bank account on T+1 day B. If request is placed after 4.30 PM on working day and correct IFSC code is updated then amount will credit in his bank account on T+2 day C. If request is placed before 4.30 PM on working day and IFSC code is not updated then cheque for withdrawn amount will be sent to the nearest branch in T+6 working days

Reliance Securities Account Opening Process

One can open an account in Reliance Securities in three ways

  • Through their customer help desk no.
  • Get yourself registered through online application form available in website (https://dbo.rsec.co.in/diy/home) or Whatsapp to executive at their number.
  • By visiting nearest branch office
  • For online registration, users should upload scanned copy of PAN copy, Adress Proof, Personalised Cancelled Cheque as required with pther stock brokers in India.

Reliance Securities Account Opening Charges:2020

ChargeAmount
Demat Account Opening Charges₹0
Trading Acc Opening Charges₹950 (One-time)
Trading Account AMC₹0
Demat Account AMC₹400 p.a.

Reliance Securities Account Brokerage Charges: 2020

Reliance Securities :Fixed Online Plan Brokerage Charges

ChargeAmount
Plan NameFixed Online Plan
Equity Delivery0.4%\t
Equity Intraday 0.04%\t
Equity Futures 0.04%\t
Equity OptionsRs 100/Lot
Currency Futures 0.04%\t
Currency OptionsRs 100/Lot
Commodity Options
Mutual Fund

Reliance Securities :R-Fixed Online Brokerage Charges

ChargeAmount
Plan NameR-Fixed Online
Equity Delivery 0.50%\t
Equity Intraday 0.05%\t
Equity Futures 0.05%\t
Equity Options Rs 100/Lot
Currency Futures 0.05%\t
Currency Options Rs 100/Lot
Commodity Options
Mutual Fund

Reliance Securities Margin/Exposure

Reliance Securities interaday, delivery, F&O, currency and commodity margins/exposure

SegmentTrading Margin
Equity DeliveryUpto 3x
Equity IntradayUpto 10x
Equity FutureUpto 3x
Equity OptionsNil
Currency FutureNil
Currency OptionsNil
Commodity Future
Commodity Options
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