Reliance Securities vs Alice Blue 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 Alice Blue

A Bangalore based discount broker, Alice Blue is working hard to get ahead in the list of discount brokers in India. Of course, it isn't that easy to maintain a stronghold amid other key players in the stock broker world. However, it's brokerage free equity delivery model is catching the attention of potential traders.

Alice Blue is an online stockbroker and one of the oldest stockbrokers in the Indian capital market. This modern, technology-driven firm was incorporated in 2006 with the vision to provide advanced broking services to its clients and stakeholders. The USP of Alice Blue is the cost-free broking solutions they provide. With zero trading charges and dedicated customer support services, Alice Blue Stock Broking firm stands out in the Stock market as exemplary.

Alice Blue: Overview

Founded by Sidhavelayutham M. in Bangalore who is now CEO of the company introduced the concept of professional marketing of broking services

Reliance Securities vs Alice Blue Account Opening Charges: 2024

ChargeReliance SecuritiesAlice Blue
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹950 (One-time)Equity ₹310, MCX ₹200 & ₹500 All segments
Trading Account AMC₹0₹0
Demat Account AMC₹400 p.a.₹400

Reliance Securities vs Alice Blue Brokerage Charges and Plans : 2024

ChargeReliance SecuritiesAlice Blue
Plan NameFixed Online PlanFreedom 15 Plan
Equity Delivery0.4%\t₹0
Equity Intraday 0.04%\t ₹15 per order or 0.01% whichever is lower
Equity Futures 0.04%\t ₹15 per order or 0.01% whichever is lower
Equity OptionsRs 100/Lot₹15 per order
Currency Futures 0.04%\t ₹15 per order or 0.01% whichever is lower
Currency OptionsRs 100/Lot₹15 per order
Commodity OptionsN/A Future: ₹15 per order or 0.01% whichever is lower and Options: ₹15 per order
Mutual FundN/AN/A

Reliance Securities vs Alice Blue Margin / Exposure: 2024

SegmentReliance SecuritiesAlice Blue
Equity DeliveryUpto 3x Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity IntradayUpto 10xIntraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity FutureUpto 3x Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Equity OptionsNilIntraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Currency FutureNilIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Currency OptionsNilIntraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Commodity FutureN/AIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Commodity OptionsN/AN/A

Reliance Securities vs Alice Blue Currency Charges and Plans: 2024

Reliance Securities charge 0.04%\t for Currency Futures and Rs 100/Lot for Currency Options whereas Alice Blue Charges ₹15 per order or 0.01% whichever is lower for Currency futures and ₹15 per order for Currency options.
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