Reliance Securities vs Angel Broking 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 Angel Broking
In this post, you'll know about Angel Broking Trading and Demat Account Opening and Brokerage Charges. You can also have a sneak peak into the Angel Broking apps and important features.
Angel Broking: An Overview
Angel Broking is a leading stock broking and wealth management firm. The company was founded in 1987 and has grown over the years as a leading Financial Investment service provider in India. Angel Broking serves more than 1 million customers with its presence in 900+ cities with 8500+ strong network of sub-brokers.
So, let's begin with the wide range of products and services that Angel Broking offers you.
Angel Broking: Product and Services Offered
- Equity
- Initial Public Offering (IPO)
- Commodity Trading
- Currency Trading
- Derivatives
- Life Insurance
- Mutual Funds
- Portfolio Management Service (PMS)
- Depository Services
- Investment Advisory
- Offline to Online conversion
- Intraday Trading
It provides the iTrade Prime (Flat fee) Trading Plan which has Free Equity Delivery and
Reliance Securities vs Angel Broking Account Opening Charges: 2024
| Charge | Reliance Securities | Angel Broking |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹950 (One-time) | ₹600 (One-time) |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹400 p.a. | ₹450 (from 2nd year onwards) |
Reliance Securities vs Angel Broking Brokerage Charges and Plans : 2024
| Charge | Reliance Securities | Angel Broking |
|---|---|---|
| Plan Name | Fixed Online Plan | iTrade Prime |
| Equity Delivery | 0.4%\t | ₹0 |
| Equity Intraday | 0.04%\t | Flat ₹20 per executed order |
| Equity Futures | 0.04%\t | Flat ₹20 per executed order |
| Equity Options | Rs 100/Lot | Flat ₹20 per executed order |
| Currency Futures | 0.04%\t | Flat ₹20 per executed order |
| Currency Options | Rs 100/Lot | Flat ₹20 per executed order |
| Commodity Options | N/A | Flat ₹20 per executed order |
| Mutual Fund | N/A | N/A |
Reliance Securities vs Angel Broking Margin / Exposure: 2024
| Segment | Reliance Securities | Angel Broking |
|---|---|---|
| Equity Delivery | Upto 3x | Upto 3x |
| Equity Intraday | Upto 10x | Upto 10x |
| Equity Future | Upto 3x | Upto 4x |
| Equity Options | Nil | 3x for shorting |
| Currency Future | Nil | Upto 2x |
| Currency Options | Nil | Upto 5x for shorting |
| Commodity Future | N/A | 3x |
| Commodity Options | N/A | N/A |