Reliance Securities vs AxisDirect

Reliance Securities vs AxisDirect - side-by-side comparison . Compare Reliance Securities vs AxisDirect brokerage, charges, exposure margin, demat account. Read Reliance Securities vs AxisDirect review.

Detailed comparison Reliance Securities vs AxisDirect and find out which is better in Reliance Securities vs AxisDirect .

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Reliance Securities

AxisDirect

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Reliance Securities Limited Axis Securities
R Flexi Plan Fixed Plan
Trading Account Opening Fee ₹950 ₹900
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹400 ₹650
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Reliance Securities Limited Axis Securities
R Flexi Plan Fixed Plan
Equity Delivery 0.60% to 0.15% 0.50%
Equity Intraday 0.06% to 0.015% 0.05%
Equity Future 0.06% to 0.015% 0.05%
Equity Options ₹100 to ₹50 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures - 0.05%
Currency Options - Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Monthly Fee NA NA
Commodity NA 0.03% (Each Leg)

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Reliance Securities Limited Axis Securities
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Transaction Charges (Per Crore)

Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

Reliance Securities Limited Axis Securities
R Flexi Plan Fixed Plan
Equity Delivery ₹350 NSE ₹325 | BSE ₹300
Equity Intraday ₹350 NSE ₹325 | BSE ₹300
Equity Future * ₹330 NSE ₹190 | BSE ₹300
Equity Options * ₹6300 NSE ₹5000 | BSE ₹300
Currency Futures * - ₹190
Currency Options - ₹5000

Other Charges

Miscellaneous charges, minimum fees and add-on service rates.

Reliance Securities Limited Axis Securities
R Flexi Plan Fixed Plan
Minimum Brokerage 5 Paise per share ₹20 per executed order
Call & Trade ₹20 per call (First 20 calls free) Rs 20 per call post 20th call per month
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) 0.04% of transaction value (minimum Rs 27) 0.04% (minimum Rs 25 per instruction)
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Reliance Securities Limited Axis Securities
R Flexi Plan Fixed Plan
Trading Platform Tic PC, Tick Web, Tick Pro mobile app DirectTrade, Swift Trade
Placing orders through charts yes No
Trading Alerts Yes Yes
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives No Yes
Unique features & Offers Option strategies, R Model Portfolio Can trade in 32 exchanges through Saxo Trader
Referral Program NA Rs.500 per referal

Demat Account Charges

Find charges for the best Demat Account for small investors

Reliance Securities Limited Axis Securities
R Flexi Plan Fixed Plan
Depository Service Provider CDSL CDSL
Account Opening Fee

Nil

Nil

Advance Deposit

Nil

Nil

AMC

Regular Demat Account

For Individual/HUFs/ Trust: Accounts - ₹400

For NRIs/Foreign Nationals: Nil

For Corporate / Other Non Individuals: ₹1000

BSDA (Basic Service Demat Account)

If Holding value is not greater than ₹50,000: Nil

If Holding value is between ₹50001 to ₹200000: ₹100

Retail Account:

Axis Bank Customer: ₹650 per year (1st year free). ₹2500 for client who has not authorised bank to debit Demat ac charges from Bank ac maintained with Axis Bank.

Non-Axis Bank Customer: ₹250 per year (1st year free)

BSDA Account:

Nil for holding value till ₹50,000

₹100 per year for holding value from ₹50,001 to ₹2,00,000

Holding value above ₹2,00,000 tariff for Retail account will be applicable.

Corporate Account:

₹400 for Axis Bank clients + CDSL AMC of ₹500

₹600 for non-Axis Bank clients+ CDSL AMC of ₹500

Dematerialisation Charges

₹30 per request + ₹5 for each certificate

Retail / BSDA Account: ₹5 per certificate subject to minimum of ₹50 per request, whichever is higher. ₹50 per request as courier charges for mutual fund Units.

Corporate Account: ₹2.50 per certificate subject to a minimum of the ₹50 per request.

Rematerialisation Charges

₹40 for 100 securities or a flat fee of ₹25 per certificate which ever is higher + postal charges

Retail / BSDA Account: ₹20 for every 100 securities or part thereof or ₹50 per request whichever is higher. ₹50 per instruction for mutual fund Units.

Corporate Account: ₹20 per certificate subject to minimum of ₹50 per request

Transaction Charges (Credit) - -
Transaction Charges (debit)

0.04% of transaction value or minimum of ₹27 per ISIN

Retail Account: 0.04% of the value of the transaction (Min ₹25 per instruction) whichever is higher. ₹25 flat per instruction for mutual fund units.

BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher. ₹50 flat per instruction for mutual fund units.

Corporate Account: 0.04% subject to minimum of ₹23 per instruction.

Pledge Creation Charges

₹0.05% of transaction value or minimum of ₹30 per ISIN

Retail Account: 0.04% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

Corporate Account: Flat ₹50 per request.

Pledge Creation Confirmation Charges

₹0.05% of transaction value or minimum of ₹30 per ISIN

Nil

Pledge Invocation Charges

₹0.05% of transaction value or minimum of ₹30 per ISIN

Retail Account: 0.04% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

Corporate Account: Flat ₹50 per request.

Failed Instruction Charges

Nil

₹10 per Instruction

Other Charges

Additional account statements for Individuals/HUFs/ Corporate: ₹40 per Statement

For NRI / Foreign Nationals: ₹100 per Statement

Ad-hoc Statement - ₹100 per statement

Quarterly (Physical) statement

Retail Account - Nil

BSDA Account - ₹25 per statement

Account Modification Charges

Retail Account - Nil

BSDA Account - ₹100

DIS Booklet Charge

Retail Account - NIL

BSDA Account - ₹200 per booklet

Redemption of mutual fund units through DP - ₹25 per instruction

Basic Details

Basic Details of Brokers

Reliance Securities Limited Axis Securities
R Flexi Plan Fixed Plan
Year of Incorporation 2005 2005
Active Exchange Memberships NSE, BSE, MCX, NCDEX NSE, BSE, MCX
Demat Services NSDL & CDSL NSDL
Website https://www.rsec.co.in https://simplehai.axisdirect.in
Contact Details 022-39886000 18002100808
Total Number of Clients 1,19,900+ 389,500+
Total Number of Branches 40+ cities 3000+

Charts and Data

Charts and Data

Reliance Securities Limited Axis Securities
R Flexi Plan Fixed Plan
Live data source NSE, BSE, NSE, BSE, MCX
Advanced Charting tools No Yes
Multi-Chart Setup No -
No.of indicators 50 40
No.of charts can be opened 1 -
Live Scanners No -
Customizable screeners Yes No
Trading from charts No No
Compare Symbol performance on Chart No No
Options charts Yes No
Continuous futures charts No No
Intraday historical data for charts 22 days 1 year
End of Day historical data for charts 10 years 15 years
Corporate action adjusted charts No No
Back Testing No No
Options Chain Yes Yes
Heat Maps Yes Yes
Analytics Yes Yes
Price Ladder No No

Leverage

Leverage

Reliance Securities Limited Axis Securities
R Flexi Plan Fixed Plan
Equity Delivery - Nil
Equity Intraday - Upto 10x
Equity Futures - Nil
Equity Options - Nil
Currency Futures - NA
Currency Options - NA
Commodity Futures - 3x
Commodity Options - NA

Orders

Orders

Reliance Securities Limited Axis Securities
R Flexi Plan Fixed Plan
Cover Orders (CO) yes Yes
Bracket orders / One Cancels Other (BO / OCO) No No
After Market Orders (AMO) No Yes

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Reliance Securities Limited Axis Securities
R Flexi Plan Fixed Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Rs.50,000 to 3,00,000 Rs.1,00,000 to Rs.3,00,000

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Reliance Securities Limited Axis Securities
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