Reliance Securities vs Edelweiss 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 Edelweiss
Edelweiss Broking Ltd. is a full-time broker company operating in the capital market for more than a decade. It is part of the Edelweiss Group, one of the leading companies that provide financial services in India. It's products and services span multi-asset classes and caters to a diversified set of clients including corporations. individuals and organizations. Claiming to be your wealth advisor, Edelweiss has earned several awards in the category of best broking and digital services over the years.
Edelweiss Broking Ltd: An Overview
Founded back in 1995, The Edelweiss group commenced the commodity trading business in 2008. It is a Mumbai-based share broking company with a client base of 12 lakh spread across 200 locations in India. One of the biggest milestones of Edelweiss was the acquisition of The Jaypee Morgan Asset Management Company(AMC) in 2016. It is a registered broker with the NSE, BSE, MCX and NCDEX exchanges that
Reliance Securities vs Edelweiss Account Opening Charges: 2024
| Charge | Reliance Securities | Edelweiss |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹950 (One-time) | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹400 p.a. | ₹500 p.a. (For 1st year: Free) |
Reliance Securities vs Edelweiss Brokerage Charges and Plans : 2024
| Charge | Reliance Securities | Edelweiss |
|---|---|---|
| Plan Name | Fixed Online Plan | Lite Plan |
| Equity Delivery | 0.4%\t | ₹10 per executed order |
| Equity Intraday | 0.04%\t | ₹10 per executed order |
| Equity Futures | 0.04%\t | ₹10 per executed order |
| Equity Options | Rs 100/Lot | ₹10 per executed order |
| Currency Futures | 0.04%\t | ₹10 per executed order |
| Currency Options | Rs 100/Lot | ₹10 per executed order |
| Commodity Options | N/A | N/A |
| Mutual Fund | N/A | N/A |
Reliance Securities vs Edelweiss Margin / Exposure: 2024
| Segment | Reliance Securities | Edelweiss |
|---|---|---|
| Equity Delivery | Upto 3x | Upto 10x |
| Equity Intraday | Upto 10x | Upto 40x |
| Equity Future | Upto 3x | 40x |
| Equity Options | Nil | Nil |
| Currency Future | Nil | 1.5x |
| Currency Options | Nil | Nil |
| Commodity Future | N/A | Upto 6x |
| Commodity Options | N/A | N/A |