Reliance Securities vs Sharekhan 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 Sharekhan
One of the largest full service broker, Sharekhan is based in Mumbai, and has a client base of more than 17 lakh accounts. Sharekhan, is one of the biggest names in Indian equity and derivative trading and was a pioneer in the field of online trading. Sharekhan’s holding company is BNP Paribas, a Euronext Paris Stock Exchange listed entity with a history in banking. It is regulated by Securities and Exchange Board of India (SEBI).
Sharekhan: Overview
Sharekhan was established in the year 2000 in Mumbai, Maharashtra. Originally, Sharekhan was a subsidiary of SSKI Group and it later got acquired by BNP Paribas Group. Sharekhan’s network is spread over 550 cities. Here, they are spread out in over 1850 offices, with a presence in middle-eastern countries like Oman and UAE.
Sharekhan offers a wide range on investment and advisory services like market news, comprehensive research reports, stock quotes, fundamental and statistical analysis
Reliance Securities vs Sharekhan Account Opening Charges: 2024
| Charge | Reliance Securities | Sharekhan |
|---|---|---|
| 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. | ₹400 (Free for 1st year with trading account) |
Reliance Securities vs Sharekhan Brokerage Charges and Plans : 2024
| Charge | Reliance Securities | Sharekhan |
|---|---|---|
| Plan Name | Fixed Online Plan | Classic Account |
| Equity Delivery | 0.4%\t | 0.50% |
| Equity Intraday | 0.04%\t | 0.10% |
| Equity Futures | 0.04%\t | 0.10% |
| Equity Options | Rs 100/Lot | ₹50 per lot |
| Currency Futures | 0.04%\t | 0.10% |
| Currency Options | Rs 100/Lot | ₹30 per lot |
| Commodity Options | N/A | 0.03% |
| Mutual Fund | N/A | N/A |
Reliance Securities vs Sharekhan Margin / Exposure: 2024
| Segment | Reliance Securities | Sharekhan |
|---|---|---|
| Equity Delivery | Upto 3x | Upto 5x |
| Equity Intraday | Upto 10x | Upto 10x |
| Equity Future | Upto 3x | 2x |
| Equity Options | Nil | Nil |
| Currency Future | Nil | Nil |
| Currency Options | Nil | Nil |
| Commodity Future | N/A | Upto 2x |
| Commodity Options | N/A | N/A |