ICICIDirect Vs Reliance Securities compare brokerage charges | stock broker india | Best demat account for beginner | Discover Broker

Reliance Smart Money

VS

ICICI

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




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