Reliance Securities vs Groww Comparison: 2024

About Reliance Securities

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

About Groww

Groww is a leading mutual fund investment platform now widening its wings into the stock investing world as well. So, here we'll have an exclusive Groww Review covering its features, types of Demat account, brokerage plans and much more.

Brokerage firms offer various plans and services to make life in trading as seamless as possible. But for those who are willing to avail these have to open a Demat and trading account. For the same, choosing the appropriate stock broker is very essential. Groww is one of the many stock brokerage firms that offer stock trading opportunities. Let’s have a brief overview of the company and the trading and Demat account it provides.

Groww: A Quick Review

Groww initially started as a mutual fund investment platform and was launched in 2016 by Lalit Keshre, Harsh Jain, Neeraj Singh and Ishan Bansal. The company offers trading or investment opportunities in mutual funds and

Reliance Securities vs Groww Account Opening Charges: 2024

ChargeReliance SecuritiesGroww
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹950 (One-time)₹200
Trading Account AMC₹0₹0
Demat Account AMC₹400 p.a.₹300 p.a. (wherein ₹25 charged quarterly)

Reliance Securities vs Groww Brokerage Charges and Plans : 2024

ChargeReliance SecuritiesGroww
Plan NameFixed Online PlanStandard Plan
Equity Delivery0.4%\t₹0
Equity Intraday 0.04%\t₹20 or 0.01% of executed order value
Equity Futures 0.04%\tN/A
Equity OptionsRs 100/LotN/A
Currency Futures 0.04%\tN/A
Currency OptionsRs 100/LotN/A
Commodity OptionsN/AN/A
Mutual FundN/AN/A

Reliance Securities vs Groww Margin / Exposure: 2024

SegmentReliance SecuritiesGroww
Equity DeliveryUpto 3x N/A
Equity IntradayUpto 10xN/A
Equity FutureUpto 3x N/A
Equity OptionsNilN/A
Currency FutureNilN/A
Currency OptionsNilN/A
Commodity FutureN/AN/A
Commodity OptionsN/AN/A
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