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
- 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 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
| Charge | Reliance Securities | Marwadi 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
| Charge | Reliance Securities | Marwadi Shares |
|---|---|---|
| Plan Name | Fixed Online Plan | N/A |
| Equity Delivery | 0.4%\t | 0.30% |
| Equity Intraday | 0.04%\t | 0.06% |
| Equity Futures | 0.04%\t | 0.02% |
| Equity Options | Rs 100/Lot | ₹100 per lot |
| Currency Futures | 0.04%\t | 0.02% |
| Currency Options | Rs 100/Lot | ₹100 per lot |
| Commodity Options | N/A | 0.02% |
| Mutual Fund | N/A | N/A |
Reliance Securities vs Marwadi Shares Margin / Exposure: 2024
| Segment | Reliance Securities | Marwadi Shares |
|---|---|---|
| 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 |