ICICIDirect Vs Reliance Securities compare brokerage charges | stock broker india | Best demat account comparison

ICICI Direct

VS

Reliance Smart Money

Background Services
Type of Broker Full Service Full Service
Founded 2000 2005
Active Clients 8,43,975 1,20,227
Product Offered Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds. Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds, Corporate Fixed Deposits.
Depository NSDL & CDSL NSDL & CDSL
Advisory / Research tips
Advisory Yes Yes
Charges
Account Opening Charges
Trading Account Rs. 975 Rs. 0
Demat Account Rs. 975 Rs. 0
Commodity Account Rs. 0 Rs. 0
Annual Maintenance Charges
Trading Account After first year 700 + GST Rs. 0
Demat Account After first year 700 + GST Rs. 200
Commodity Account Rs. 0 Rs. 0
Brokerage Charges
Equity Delivery Rs. 25 or 2.5 % whichever is lower 0.4% on turnover
Equity Intraday Rs. 15 or 2.5% whichever is lower 0.04% on turnover
Equity Futures 0.05% on turnover 0.03% on turnover
Currency Futures Rs. 10 per lot 0.03% on turnover
Commodity Futures Rs. 0 0.03% on turnover
Equity Options Rs. 50 per order Rs. 10 per lot
Currency Options Rs. 10 per lot Rs. 10 per lot
Commodity Options Rs. 0 Rs. 100 per lot
Technology
Trading Platform Trade Racer. Tick pro.
Features
Shortcut Keys No Yes
Heat Map No Yes
Charting No Yes
Intraday Data (Days) - Daily
EOD Data (Days) - Daily
Leverages
Equity Delivery 8x on turnover 5 - 7x on turnover
Intraday
Equity Spot 25x on turnover 5 - 7x on turnover
Equity Futures and Options 4x on ESM 5 - 7x on ESM
Currency Futures and Options 2x on ESM 5 - 7x on ESM
Commodity Futures and Options 2.5x on ESM 5 - 7x on ESM
Intraday with BO & CO
Equity Spot 28x on turnover No leverage
Equity Futures and Options 7x on ESM No leverage
Currency Futures and Options No leverage No leverage
Commodity Futures and Options No leverage No leverage
Customer Support
Phone Yes Yes
Email Yes Yes
Transaction Alerts Yes Yes
Live Chat No Yes
Relationship Manager Yes Yes




GET LATEST OFFERS!
  • First 25 Trades Free!
  • 100% Free Demat Account!
  • 90% Brokerage Saving
  • 10-40 Times Extra Margin