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Reliance Securities Vs F6 Online – Indian Share Brokers Comparison
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Reliance Securities Vs F6 Online
Here is a point by point comparison of Reliance Securities Vs F6 Online. Reliance Securities is the trading arm of Reliance Capital. It was founded in the year 2006 and currently has a customer base of 7 lakh with presence in over 1700 branches.
F6 Online is an evolving discount broker with a fixed price monthly and yearly subscription plans for its clients. One of the best part of F6 Online is that it has no annual maintenance changes involved in its pricing which is one of its own kind in this competitive stock broking space.
Everything about discount brokers such as F6 Online is Online, be it – customer service, trading, account opening etc. Full service brokers such as Reliance Securities, on the other hand, 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.
To make things easy for you, we have listed out the comparison between Reliance Securities Vs F6 Online 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.
COMPARISON
 |  | |
| Reliance Securities Review | F6 Online Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Discount Broker |
| Incorporated In the Year | 2006 | 2013 |
| Number of branches across India | 1700 | 7 |
| Exchanges | NSE, BSE, & MCX-SX | NSE, BSE, MCX, NCDEX and NMCE |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹950 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹400 | ₹0 |
| Transaction Charges | Reliance Securities Transaction Charges | F6 Online Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.5% to 0.08% | ₹666 per month or ₹6666 per year |
| Intraday Delivery | 0.05% to 0.005% | ₹666 per month or ₹6666 per year |
| Equity Futures | 0.05% to 0.005% | ₹666 per month or ₹6666 per year |
| Equity Options | ₹7 to ₹10 per lot | ₹666 per month or ₹6666 per year |
| Currency Futures | 0.04% | ₹666 per month or ₹6666 per year |
| Currency Options | ₹40 per lot | ₹666 per month or ₹6666 per year |
| Commodity | NA | ₹666 per month or ₹6666 per year |
| Calculate Brokerage | Reliance Securities Brokerage Calculator | |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday, Upto 3 times for Delivery | Upto 4 times |
| Equity Futures | Upto 3 times for Intraday | Upto 4 times |
| Equity Options | No Leverage | NA |
| Currency Futures | No Leverage | Upto 4 times |
| Currency Options | No Leverage | NA |
| Commodities | NA | 4 times of limit in the liquid commodities including Metals and Crude with no leverage in Agri commodities |
| 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 | F6 Online Web LIVE, F6 Online Mobile app |
| Total BSE+NSE Complaints | 69 | 88 |
| OVERALL RATING |  |  |
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Date
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Reliance Securities Vs F6 Online
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