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Trading Bells Vs Reliance Securities – Share Brokers Comparison
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Trading Bells Vs Reliance Securities
Here is a point by point comparison of Trading Bells Vs Reliance Securities. Trading Bells is a Discount stock broker that is based out of Indore and has a presence in over 80 cities of India. It recently got a ₹2 Crore seed round from Swastika Investment in December 2016.
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.
Discount brokers such as Trading Bells offer trading services at much cheaper brokerage rates and reasonable customer service. Full service brokers such as Reliance Securities 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 Trading Bells 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
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 | Trading Bells Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Discount Broker |
| Incorporated In the Year | 2006 | 2014 |
| Number of branches across India | 1700 | 1 |
| Exchanges | NSE, BSE, & MCX-SX | NSE, BSE, MCX, MCX – SX and NCDEX |
| 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 | Trading Bells Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.5% to 0.08% | ₹0 |
| Intraday Delivery | 0.05% to 0.005% | 0.01% or ₹20 per executed order whichever is lower |
| Equity Futures | 0.05% to 0.005% | 0.01% or ₹20 per executed order whichever is lower |
| Equity Options | ₹7 to ₹10 per lot | Flat ₹20 per executed order |
| Currency Futures | 0.04% | 0.01% or ₹20 per executed order whichever is lower |
| Currency Options | ₹40 per lot | Flat ₹20 per executed order |
| Commodity | NA | 0.01% or ₹20 per executed order whichever is lower |
| Calculate Brokerage | Reliance Securities Brokerage Calculator | Trading Bells Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday, Upto 3 times for Delivery | Upto 10 times Intraday |
| Equity Futures | Upto 3 times for Intraday | Upto 3 times for Intraday |
| Equity Options | No Leverage | Buying no leverage |
| Currency Futures | No Leverage | Upto 2 times for Intraday |
| Currency Options | No Leverage | Upto 3 times for Intraday |
| 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 | ODIN, NETNET Lite, NSE Now, Mobile Trade |
| Total BSE+NSE Complaints | 69 | 9 |
| 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 Trading Bells Vs Reliance Securities for the benefits of other readers. Please feel free to share in the comments below.
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Date
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Trading Bells Vs Reliance Securities
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