Reliance Securities vs Indiabulls 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 Indiabulls
India bulls ventures Ltd. is a flagship company of the Indiabulls group operating in the capital market since 1999 with multiple subsidiary companies fields like housing finance, personal wealth as well as a presence in Real estate, pharmaceuticals, and infrastructure sector.
Formerly known as Indiabulls Securities Ltd, it re-launched its trading platform under the name \Indiabulls Shubh\ in 2019. It is one of the largest discount brokers in India with a client base of approximately 7 lakhs spread across 18 cities.
India Bulls Stock Broker: An overview
The broking venture under the India bulls company is known in the market by the name of 'Shubh'. this broking firm was founded in 1995 by Sameer Gehlot and has managed to gain nationwide recognition and trust ever since. This Mumbai-based firm provides integrated financial services such as Stock broking, Demat account, Equity Research, and Margin Funding.
India bulls Shubh pioneered the online trading platform facility
Reliance Securities vs Indiabulls Account Opening Charges: 2024
| Charge | Reliance Securities | Indiabulls |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹950 (One-time) | ₹500 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹400 p.a. | ₹450 |
Reliance Securities vs Indiabulls Brokerage Charges and Plans : 2024
| Charge | Reliance Securities | Indiabulls |
|---|---|---|
| Plan Name | Fixed Online Plan | Equity Unlimited Trade Plan |
| Equity Delivery | 0.4%\t | ₹0 |
| Equity Intraday | 0.04%\t | ₹0 |
| Equity Futures | 0.04%\t | ₹15 per trade |
| Equity Options | Rs 100/Lot | ₹15 per trade |
| Currency Futures | 0.04%\t | ₹15 per trade |
| Currency Options | Rs 100/Lot | ₹15 per trade |
| Commodity Options | N/A | 0.03% |
| Mutual Fund | N/A | N/A |
Reliance Securities vs Indiabulls Margin / Exposure: 2024
| Segment | Reliance Securities | Indiabulls |
|---|---|---|
| Equity Delivery | Upto 3x | 1x (No margin) |
| Equity Intraday | Upto 10x | Upto 5x |
| Equity Future | Upto 3x | Intra-day: 4x | Carry forward: 1x |
| Equity Options | Nil | Intra-day: 4x | Carry forward: 1x |
| Currency Future | Nil | Intra-day: 2x | Carry forward: 1x |
| Currency Options | Nil | Intra-day: 2x | Carry forward: 1x |
| Commodity Future | N/A | N/A |
| Commodity Options | N/A | N/A |