Reliance Money Vs Angel Broking

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Reliance Money Vs Angel Broking 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.

Reliance Money Vs Angel Broking Comparison

Reliance Money is the trading arm of Reliance Capital and is a full-service stockbroker. It was founded in the year 2006 and currently has a customer base of 7 lakh with a presence in over 1700 branches.

Angel Broking, a leading full-service stockbroker, has built a brand of its own thanks to its high tech trading platforms and robo advisory services since its inception in 1987.

In the year of its existence, even Angel Broking hs done quite a bit in the trading technology space including Angel Broking ARQ, Angel Broking Mobile App, Angel Bee and more.

Full-service brokers will help you, spoon feed you, hand hold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.

Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.

Reliance Money Vs Angel Broking Compare

To make things easy for you, we have listed out the comparison between Reliance Money Vs Angel Broking 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

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 stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.



	Reliance Securities Review	Angel Broking Review
OVERVIEW
Incorporated In the Year	2006	1987
Number of branches across India	1700	11,500
Exchanges	BSE, NSE & MCX-SX	BSE, NSE, MCX, MCX-SX
ACCOUNT CHARGES
Trading Account Opening Charges	₹950	₹0
Trading Account Annual Maintenance Charges	₹0	₹450
Demat Account Opening Charges	₹0	₹0
Demat Account Annual Maintenance Charges	₹400	₹0
Transaction Charges	Reliance Securities Transaction Charges	Angel Broking Transaction Charges
BROKERAGE
Equity Delivery	0.5% to 0.08%	₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000
Intraday Delivery	0.05% to 0.005%	₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000
Equity Futures	0.05% to 0.005%	₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000
Equity Options	₹7 to ₹10 per lot	₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000
Currency Futures	0.04%	₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000
Currency Options	₹40 per lot	₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000
Commodity	NA	₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000
Calculate Brokerage	Reliance Securities Brokerage Calculator	Angel Broking Brokerage Calculator
EXPOSURE OR LEVERAGE
Equity	Upto 10 times for Intraday, Upto 3 times for Delivery	Upto 10 times for Intraday Upto 3 times for Delivery
Equity Futures	Upto 3 times for Intraday	Upto 4 times for Intraday
Equity Options	No Leverage	Upto 3 times for Intraday Selling No Margin for Buying
Currency Futures	No Leverage	Upto 2 times for Intraday
Currency Options	No Leverage	Upto 2 times for Intraday Selling No Margin for Buying
Commodities	NA	Upto 3 times for Intraday
Margin		Angel Broking Margin
RESEARCH
Daily Market Reports
Tips/Recommendations
Quarterly Analysis
News Alerts
Research		Angel Broking Research
TRADING SEGMENTS
Equity
Mutual Funds
IPOs
Currency
Commodity
CUSTOMER SERVICE OPTIONS
Email Support
Live Chat
Phone
Toll Free Number
Offline Branches
Customer Care		Angel Broking Customer Care
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	Angel Broking App, Angel Broking Web (Angel Eye), Speed Pro
Total BSE+NSE Complaints %age	0.03%	0.03%
Complaints		Angel Broking Complaints
OVERALL RATING
	Get a Callback	Get a Callback

*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 Reliance Money Vs Angel Broking for the benefits of other readers? Please feel free to share in the comments below.

Finally, if you would like to get started with stock market trading or investments in general with a trading and demat account, let us assist you in taking the next steps forward: