Reliance Securities vs Trade Smart Online 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 Trade Smart Online
Trade Smart is a well-known name in India’s Stock Broking industry, which is ranks well among the famous discount brokers in India.
Trade Smart: An Overview
Trade Smart is a Mumbai based broking firm, incorporated in 1994 by VNS Finance and Capital Ltd. It is the ideal spot for investors and traders looking for high margins with low brokerages and the fast trading platform.
Trade Smart began with the vision to offer a smart and consistent trading experience to users through their various services and trading platforms. From that point forward, Trade Smart has left no efforts in utilizing innovative technology solutions for easement customers in trading.
They have a daily trade value of Rs. 2500 crore with more than 17000 spangling customer base, which is growing day by day, providing their best facilities and national presence. Also, they have their branches at numerous locations across the nation, supported by no not exactly
Reliance Securities vs Trade Smart Online Account Opening Charges: 2024
| Charge | Reliance Securities | Trade Smart Online |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹200 |
| Trading Acc Opening Charges | ₹950 (One-time) | ₹200 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹400 p.a. | ₹300 |
Reliance Securities vs Trade Smart Online Brokerage Charges and Plans : 2024
| Charge | Reliance Securities | Trade Smart Online |
|---|---|---|
| Plan Name | Fixed Online Plan | Power Trading Plan |
| Equity Delivery | 0.4%\t | ₹15 per executed order |
| Equity Intraday | 0.04%\t | ₹15 per executed order |
| Equity Futures | 0.04%\t | ₹15 per executed order |
| Equity Options | Rs 100/Lot | ₹15 per executed order |
| Currency Futures | 0.04%\t | ₹15 per executed order |
| Currency Options | Rs 100/Lot | ₹15 per executed order |
| Commodity Options | N/A | ₹15 per executed order |
| Mutual Fund | N/A | N/A |
Reliance Securities vs Trade Smart Online Margin / Exposure: 2024
| Segment | Reliance Securities | Trade Smart Online |
|---|---|---|
| Equity Delivery | Upto 3x | 1x (No Margin) |
| Equity Intraday | Upto 10x | Upto 30x |
| Equity Future | Upto 3x | MIS: 3X | BO: 7X | CO: 7X |
| Equity Options | Nil | MIS: 3X | BO: 7X | CO: 7X |
| Currency Future | Nil | MIS: 3X | BO: 3X | CO: 3X |
| Currency Options | Nil | MIS: 3X |
| Commodity Future | N/A | MIS: 2X | BO: 6X | CO: 6X |
| Commodity Options | N/A | N/A |