Reliance Money Vs TradeJini – Indian Share Brokers Comparison

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Reliance Money Vs TradeJini

Here is a point by point comparison of Reliance Money Vs TradeJini. Reliance Money 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. TradeJini, based out of Bengaluru, is a discount broker launched in 2012 by Kishore Kumar J and Dinesh Kumar M. They claim to have clients from more than 1000 cities and towns of India across all trading segments.

Everything about discount brokers such as TradeJini is Online, be it – customer service, trading, account opening etc. Full-service stockbrokers such as Religare 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 Religare Securities Vs TradeJini 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	Tradejini Review
OVERVIEW
Broker Type	Full Service Broker	Discount Broker
Incorporated In the Year	2006	2012
Number of branches across India	1700	1
Exchanges	NSE, BSE, & MCX-SX	BSE, NSE, MCX and MCX SX
ACCOUNT CHARGES
Trading Account Opening Charges	₹950	₹695 (get ₹300 off by Opening Account through Us)
Trading Account Annual Maintenance Charges	₹0	₹0
Demat Account Opening Charges	₹0	₹300
Demat Account Annual Maintenance Charges	₹400	₹300
Transaction Charges	Reliance Securities Transaction Charges	Tradejini Transaction Charges
BROKERAGE
Equity Delivery	0.5% to 0.08%	₹20 per executed order or 0.10% of Turnover whichever is lower
Intraday Delivery	0.05% to 0.005%	₹20 per executed order or 0.01% of Turnover whichever is lower
Equity Futures	0.05% to 0.005%	₹20 per executed order or 0.01% of Turnover whichever is lower
Equity Options	₹7 to ₹10 per lot	₹20 per executed order
Currency Futures	0.04%	₹20 per executed order or 0.01% of Turnover whichever is lower
Currency Options	₹40 per lot	₹20 per executed order
Commodity	NA	₹20 per executed order or 0.01% of Turnover whichever is lower
Calculate Brokerage	Reliance Securities Brokerage Calculator	Tradejini Brokerage Calculator
EXPOSURE OR LEVERAGE
Equity	Upto 10 times for Intraday, Upto 3 times for Delivery	Upto 20 Times for Intraday, & No leverage for Delivery
Equity Futures	Upto 3 times for Intraday	Normally 2.5 times with stop loss upto 5 times
Equity Options	No Leverage	Buy side – 100% margin ; Sell side – Margin like Futures required. Exposure normal 2.5 times
Currency Futures	No Leverage	NA
Currency Options	No Leverage	NA
Commodities	NA	Upto 3 times for Intraday
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	NEST, NSE Now, NSE Mobile Trading App
Total BSE+NSE Complaints	69	9
OVERALL RATING
	Get a Callback	Get a Callback

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 Money Vs TradeJini for the benefits of other readers. Please feel free to share in the comments below.

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