Reliance Securities vs Anand Rathi 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
- Competitive Brokerage: Provides different competitive brokerage plans suited for different categories of investors and traders
- 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
- Research: It offers it customers with specialized research report ranging from investment summaries, pre-market reports, futures
About Anand Rathi
Named after the Founder himself, Anand Rathi is one of the pioneers of stockbrokers in India. It has managed to outrank several competitors over the years and maintain its position as one of the top and most-sought-after stockbrokers. The company is a complete financial solution including services ranging from asset management to insurance and stock trading. Anand Rathi's PAN-India and tech-savvy operations makes them stand out of crowd. They have bagged several awards for the same in the past decades.
Anand Rathi: An Overview
The Anand Rathi is a full-service brokerage firm offering insightful research and advice to the traders and investors. Based in Mumbai, the company is a public sector company i.e. listed on the stock exchange. It is spread through a network of 350 branches and more than 1500 franchises in India and some parts of Dubai and Bangkok. They soon aim to expand their global position.
Founded in 1994
Reliance Securities vs Anand Rathi Account Opening Charges: 2024
| Charge | Reliance Securities | Anand Rathi |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹550 (One time) |
| Trading Acc Opening Charges | ₹950 (One-time) | ₹750 (One time) |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹400 p.a. | ₹299 from second year onward |
Reliance Securities vs Anand Rathi Brokerage Charges and Plans : 2024
| Charge | Reliance Securities | Anand Rathi |
|---|---|---|
| Plan Name | Fixed Online Plan | Standard Plan |
| Equity Delivery | 0.4%\t | 0.5% - 0.15% |
| Equity Intraday | 0.04%\t | 0.05% -0.015% |
| Equity Futures | 0.04%\t | 0.05% -0.015% |
| Equity Options | Rs 100/Lot | ₹75 to ₹20 |
| Currency Futures | 0.04%\t | 0.05% -0.015% |
| Currency Options | Rs 100/Lot | ₹75 to ₹20 |
| Commodity Options | N/A | 0.008% - 0.05% |
| Mutual Fund | N/A | N/A |
Reliance Securities vs Anand Rathi Margin / Exposure: 2024
| Segment | Reliance Securities | Anand Rathi |
|---|---|---|
| Equity Delivery | Upto 3x | N/A |
| Equity Intraday | Upto 10x | N/A |
| Equity Future | Upto 3x | N/A |
| Equity Options | Nil | N/A |
| Currency Future | Nil | N/A |
| Currency Options | Nil | N/A |
| Commodity Future | N/A | N/A |
| Commodity Options | N/A | N/A |