Zerodha Vs Reliance Securities

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Zerodha Vs Reliance Securities 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.

Zerodha Vs Reliance Securities Comparison

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

Zerodha, on the other hand, is one of the leading discount brokers in India which has recently founded in 2010. It is one of the very few stockbrokers that provides reasonable values across trading platforms, customer education and low brokerage. The broker is based out of Bangalore.

On one hand, Zerodha allows trading at much cheaper overall brokerage while on the other Reliance Securities provides research reports, intra-day tips, stock recommendations with complete customer service to its clients. So which one to choose? Tough?

It can become very difficult to decide between a discount broker and a full-service stockbroker since they offer different propositions. However, if you are able to see how one type of broker is different from the other on a side to side level, making a choice can be relatively simpler.

Thus, to make things easy for you, we have listed out the comparison between Zerodha 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

Zerodha Vs Reliance Securities Details

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.

This is how both these stockbrokers stack up against each other:

 

*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.

Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.

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 Zerodha Vs Reliance Securities for the benefits of other readers? Please feel free to share in the comments below.

Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.

Also, check out some of the other stockbroker comparisons you might be interested in.

In case you are looking to get started with stock market trading or investments in general, let us assist you in taking the next steps forward:

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