Reliance Securities vs Motilal Oswal 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 Motilal Oswal
A Mumbai based entity, Motilal Oswal is one of the oldest brokerage firms providing various financial services. It has been operating for more than 30 years in this field, established in 1987. Motilal Oswal is a full service broker offering services ranging from trading to portfolio management. It has one of the largest client base in India, harbouring clients from all ends from retail investors to high-net-worth individuals, including but not limited to foreign institutional investors, mutual funds and financial institutions.
Motilal Oswal: Overview
A subsidiary of Motilal Oswal Financial Service Limited, Motilal Oswal Securities Limited is a brokerage firm provides a wide range of trading options, including trading in equity, debt, derivatives and currencies across various stock exchanges like BSE, NSE, NCDEX, MCX. The firm also provides research based reports, in fact it invests about 10% of its revenue in such research practices, and it has published more than 30000
Reliance Securities vs Motilal Oswal Account Opening Charges: 2024
| Charge | Reliance Securities | Motilal Oswal |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹950 (One-time) | ₹1000 (One-time) |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹400 p.a. | ₹299 |
Reliance Securities vs Motilal Oswal Brokerage Charges and Plans : 2024
| Charge | Reliance Securities | Motilal Oswal |
|---|---|---|
| Plan Name | Fixed Online Plan | Default Plan |
| Equity Delivery | 0.4%\t | 0.50% |
| Equity Intraday | 0.04%\t | 0.05% (both side) |
| Equity Futures | 0.04%\t | 0.05% (both side) |
| Equity Options | Rs 100/Lot | ₹100 per lot (both side) |
| Currency Futures | 0.04%\t | ₹20 per lot (both side) |
| Currency Options | Rs 100/Lot | ₹20 per lot (both side) |
| Commodity Options | N/A | 0.05% (both side) |
| Mutual Fund | N/A | N/A |
Reliance Securities vs Motilal Oswal Margin / Exposure: 2024
| Segment | Reliance Securities | Motilal Oswal |
|---|---|---|
| Equity Delivery | Upto 3x | 4x |
| Equity Intraday | Upto 10x | 20x for Margin+ (Over 140 Stocks), Other stocks: 4x |
| Equity Future | Upto 3x | Upto 3x |
| Equity Options | Nil | Nil |
| Currency Future | Nil | N/A |
| Currency Options | Nil | Nil |
| Commodity Future | N/A | Upto 3x |
| Commodity Options | N/A | N/A |