IIFL vs Reliance Securities | Compare Brokerage Charges, Demat account| Best stock trading | Discover Broker

IIFL

VS

Reliance Smart Money

Background Services
Type of Broker Full Service Full Service
Founded 1995 2005
Active Clients 2,14,149 1,20,227
Product offered Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds, Fixed Deposits. Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds, Corporate Fixed Deposits.
Depository CDSL NSDL & CDSL
Advisory / Research tips
Advisory Yes Yes
Charges
Account Opening Charges
Trading Account Rs. 0 Rs. 0
Demat Account Rs. 0 Rs. 0
Commodity Account Rs. 0 Rs. 0
Annual Maintenance Charges
Trading Account Free for 5 years, 6th year onwards 400 + GST Rs. 0
Demat Account Free for 5 years, 6th year onwards 400 + GST Rs. 200
Commodity Account Rs. 0 Rs. 0
Brokerage Charges
Equity Delivery 0.50% on turnover 0.4% on turnover
Equity Intraday 0.05% on turnover 0.04% on turnover
Equity Futures 0.05% on turnover 0.03% on turnover
Currency Futures 0.05% on turnover 0.03% on turnover
Commodity Futures - 0.03% on turnover
Equity Options 1% on premium or Rs.100 per lot Rs. 10 per lot
Currency Options - Rs. 10 per lot
Commodity Options - Rs. 100 per lot
Technology
Trading Platform IIFL Trader Terminal. Tick pro.
Features
Shortcut Keys Yes Yes
Heat Map Yes Yes
Charting Yes Yes
Intraday Data (Days) - Daily
EOD Data (Days) - Daily
Leverages
Equity Delivery 5x on turnover 5 - 7x on turnover
Intraday
Equity Spot 10 - 15x on turnover 5 - 7x on turnover
Equity Futures and Options 10 - 12x on ESM 5 - 7x on ESM
Currency Futures and Options 10 - 12x on ESM 5 - 7x on ESM
Commodity Futures and Options 10 - 12x on ESM 5 - 7x on ESM
Intraday with BO & CO
Equity Spot No leverage No leverage
Equity Futures and Options No leverage 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 Yes Yes
Relationship Manager Yes Yes




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