SBIcap Securities vs Reliance Securities Comparison: 2024
About SBIcap Securities
SBI cap securities is the broking arm of the decades old and one of the top financial bodies SBI Capital Market ltd. Having the leverage of such an influential bank as a parent body, SBI Securities Ltd. or SSL is one of the leading stock brokers in India. They deal with a variety of depository participant (DP) services as well as equity, derivatives, broking and E-broking services to cater to both national and NRI clientele. SSL has been assigned the title of 'BQ1' (The Highest grade) by CRISIL for its operational qualities and services.
SBI Cap Securities: Overview
Founded in 2006 by Arun Mehta, SSL is a Mumbai-based Full service broker which offers trading in Equity delivery, Equity intraday, Commodity options, Equity futures, Equity options, Currency options and Currency futures. The minimum broking charge is Rs.10 per transaction.
It offers a 3-in-1 account feature, like other financial broking firms for direct
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
SBIcap Securities vs Reliance Securities Account Opening Charges: 2024
| Charge | SBIcap Securities | Reliance Securities |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹850 | ₹950 (One-time) |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹350 | ₹400 p.a. |
SBIcap Securities vs Reliance Securities Brokerage Charges and Plans : 2024
| Charge | SBIcap Securities | Reliance Securities |
|---|---|---|
| Plan Name | eZ-trade Plan | Fixed Online Plan |
| Equity Delivery | 0.50% | 0.4%\t |
| Equity Intraday | 0.05% | 0.04%\t |
| Equity Futures | 0.05% | 0.04%\t |
| Equity Options | ₹100 per lot | Rs 100/Lot |
| Currency Futures | 0.03% | 0.04%\t |
| Currency Options | ₹30 per lot | Rs 100/Lot |
| Commodity Options | NA | N/A |
| Mutual Fund | N/A | N/A |
SBIcap Securities vs Reliance Securities Margin / Exposure: 2024
| Segment | SBIcap Securities | Reliance Securities |
|---|---|---|
| Equity Delivery | 2x | Upto 3x |
| Equity Intraday | Upto 5x | Upto 10x |
| Equity Future | Nil | Upto 3x |
| Equity Options | Nil | Nil |
| Currency Future | Nil | Nil |
| Currency Options | Nil | Nil |
| Commodity Future | N/A | N/A |
| Commodity Options | N/A | N/A |