Reliance Securities Vs Geojit BNP Paribas – Share Brokers Comparison
Reliance Securities Vs Geojit BNP Paribas
Here is a point by point comparison of Reliance Securities Vs Geojit BNP Paribas. 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. Geojit BNP Paribas is one of the prominent full service brokers in India with 8,00,000 clients across 509 offices across the country. At the same time, Geojit BNP Paribas also has international presence across middle eastern countries such as Saudi Arabia, Bahrain, UAE, Oman and Kuwait.
Full service brokers such as Reliance Securities or Geojit BNP Paribas 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 Geojit BNP Paribas 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 | Geojit BNP Paribas Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Full Service Broker |
Incorporated In the Year | 2006 | 1987 |
Number of branches across India | 1700 | 509 |
Exchanges | NSE, BSE, & MCX-SX | BSE, NSE, MCX-SX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹950 | ₹425 |
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 | Geojit BNP Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.5% to 0.08% | 0.3% |
Intraday Delivery | 0.05% to 0.005% | 0.03% |
Equity Futures | 0.05% to 0.005% | 0.03% |
Equity Options | ₹7 to ₹10 per lot | ₹125 per contract |
Currency Futures | 0.04% | 0.03% |
Currency Options | ₹40 per lot | ₹125 per contract |
Commodity | NA | NA |
Calculate Brokerage | Reliance Securities Brokerage Calculator | Geojit BNP Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times for Intraday, Upto 3 times for Delivery | Intraday upto 10 times, For Delivery upto 7 days but with interest of 22%/annum |
Equity Futures | Upto 3 times for Intraday | No additional leverage for Intraday |
Equity Options | No Leverage | No additional leverage for Intraday |
Currency Futures | No Leverage | No additional leverage for Intraday |
Currency Options | No Leverage | No additional leverage 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 | Selfie Platinum, Selfie Gold, Mobile App |
Total BSE+NSE Complaints | 69 | 39 |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with Reliance Securities Vs Geojit BNP Paribas for the benefits of other readers. Please feel free to share in the comments below.
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