Reliance Securities vs Yes Securities 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 Yes Securities
It is a wholly owned subsidiary of Yes Bank.With Inherited knowledge from its parent company of over 50 years of experience in banking, wealth management, and advisory, Yes Bank securities aimed to become a wealth manager and advisor for its banking clients all over India. They facilitate an in-house team of multi-asset specialists and advisors to direct the client while trading or investing.
Yes Bank Securities: An Overview
Yes Bank had lengthened its arms to offer a complete range of financial products and services catering to the needs of an individual, corporate, and MSMEs. Being a full-service commercial bank it has a pan-India presence overall 28 states and 9 Union territories.
Yes Securities is a SEBI licensed investment advisor and a member of BSE, NSE, MCX, and NCDEX exchanges. Incorporated in 2013, with the claim of 'making investments as easy as booking a cab', Yes Securities provides interactive graphic stock health scores,
Reliance Securities vs Yes Securities Account Opening Charges: 2024
| Charge | Reliance Securities | Yes Securities |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹950 (One-time) | ₹999 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹400 p.a. | ₹500 |
Reliance Securities vs Yes Securities Brokerage Charges and Plans : 2024
| Charge | Reliance Securities | Yes Securities |
|---|---|---|
| Plan Name | Fixed Online Plan | Invest Value Plan |
| Equity Delivery | 0.4%\t | 0.45% |
| Equity Intraday | 0.04%\t | 0.05% |
| Equity Futures | 0.04%\t | 0.05%, Intraday - 0.02% |
| Equity Options | Rs 100/Lot | ₹75 per lot, Intraday - ₹25 per lot |
| Currency Futures | 0.04%\t | 0.05%, Intraday - 0.02% |
| Currency Options | Rs 100/Lot | ₹75 per lot, Intraday - ₹25 per lot |
| Commodity Options | N/A | N/A |
| Mutual Fund | N/A | N/A |
Reliance Securities vs Yes Securities Margin / Exposure: 2024
| Segment | Reliance Securities | Yes Securities |
|---|---|---|
| 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 |