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HDFC Securities Vs Reliance Securities
| | Broker Comparison, Trading | No Comments
HDFC Securities Vs Reliance Securities comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
HDFC Securities Vs Reliance Securities Comparison
HDFC Securities is the equity trading arm of HDFC Bank. It was founded in the year 2000 as a joint venture between HDFC Limited, HDFC Bank Limited and IndOcean E-Securities Holding limited.
On a similar front, Reliance Securities is a full-service stockbroker and is the trading arm of Reliance Capital.
It was founded in the year 2006 and currently has a customer base of 7 lakh with a presence in over 1700 branches. This aspect makes both of these broking firms almost similar in their propositions, however, they do differ in different aspects which can play vital roles in a customer’s trading experience.
To make things easy for you, we have listed out the comparison between HDFC Securities Vs Reliance Securities to help you find which of the two suits your needs better.
The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
HDFC Securities Vs Reliance Securities Compare
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
 |  | |
| Reliance Securities Review | HDFC Securities Review | |
| OVERVIEW | ||
| Incorporated In the Year | 2006 | 2000 |
| Number of branches across India | 1700 | 250 |
| Exchanges | NSE, BSE, & MCX-SX | BSE, NSE |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹950 | INR 999 |
| Trading Account Annual Maintenance Charges | ₹0 | INR 0 |
| Demat Account Opening Charges | ₹0 | INR 0 |
| Demat Account Annual Maintenance Charges | ₹400 | INR 750 |
| Transaction Charges | Reliance Securities Transaction Charges | HDFC Securities Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.5% to 0.08% | 0.5% or INR 25 whichever is higher |
| Intraday Delivery | 0.05% to 0.005% | 0.1% |
| Equity Futures | 0.05% to 0.005% | 0.05% or INR 25 whichever is higher |
| Equity Options | ₹7 to ₹10 per lot | INR 100 per lot |
| Currency Futures | 0.04% | INR 23 per contract |
| Currency Options | ₹40 per lot | INR 20 per contract |
| Commodity | NA | NA |
| Calculate Brokerage | Reliance Securities Brokerage Calculator | HDFC Securities Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday, Upto 3 times for Delivery | Upto 20 Times for Intraday & 2 Times for Delivery |
| Equity Futures | Upto 3 times for Intraday | NA for Intraday |
| Equity Options | No Leverage | NA for Intraday |
| Currency Futures | No Leverage | NA for Intraday |
| Currency Options | No Leverage | NA for Intraday |
| Commodities | NA | NA |
| RESEARCH | ||
| Daily Market Reports |  | |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity |  | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | InstaExpress | Blink |
| Total BSE+NSE Complaints | 69 | 88 |
| OVERALL RATING |  | |
*NSE Complaints Percentage: Lower is this number, Better is the broker.
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover. For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage.
This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
Have you in the past or are currently trading with any of the above stockbrokers. If yes, would you like to share your experience(s) with HDFC Securities Vs Reliance Securities for the benefits of other readers? Please feel free to share in the comments below.
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HDFC Securities Vs Reliance Securities
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