Reliance Securities vs Marwadi Shares 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 Marwadi Shares

Marwadi Shares and Finance Ltd. is a financial service provider company operating in the financial markets for almost 3 decades. This full-service brokerage company is one of the leading in India that has been ranked amongst the top 10 in the BSE ratings multiple times.

Marwadi Shares: Overview

Marwadi Shares is a Gujarat based broking firm facilitating broking as well as Wealth management services. They are spread across 104 branches nationwide and employ more than 1400 authorized sub-brokers assisting a client base of 4 lakh plus. Founded in 1992 by Pranav M. Shah, Marwadi Shares and Finance Ltd. is affiliated and licensed to trade in NSE, BSE, NCDEX, MCX security exchanges. The company is also a Depository Participant of NCDL and CDSL.

It facilitates trading in a wide segment of securities ranging from equity, derivatives, currency to mutual Funds, and insurance. They cater to the needs of retail as well as an

Reliance Securities vs Marwadi Shares Account Opening Charges: 2024

ChargeReliance SecuritiesMarwadi Shares
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.₹450 per year or one time fee of ₹2500

Reliance Securities vs Marwadi Shares Brokerage Charges and Plans : 2024

ChargeReliance SecuritiesMarwadi Shares
Plan NameFixed Online PlanN/A
Equity Delivery0.4%\t0.30%
Equity Intraday 0.04%\t0.06%
Equity Futures 0.04%\t0.02%
Equity OptionsRs 100/Lot₹100 per lot
Currency Futures 0.04%\t0.02%
Currency OptionsRs 100/Lot₹100 per lot
Commodity OptionsN/A0.02%
Mutual FundN/AN/A

Reliance Securities vs Marwadi Shares Margin / Exposure: 2024

SegmentReliance SecuritiesMarwadi Shares
Equity DeliveryUpto 3x N/A
Equity IntradayUpto 10xN/A
Equity FutureUpto 3x N/A
Equity OptionsNilN/A
Currency FutureNilN/A
Currency OptionsNilN/A
Commodity FutureN/AN/A
Commodity OptionsN/AN/A

Reliance Securities vs Marwadi Shares Currency Charges and Plans: 2024

Reliance Securities charge 0.04%\t for Currency Futures and Rs 100/Lot for Currency Options whereas Marwadi Shares Charges 0.02% for Currency futures and ₹100 per lot for Currency options.
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