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Reliance Money Vs Trade Smart Online
| | Broker Comparison, Trading | No Comments
Reliance Money Vs Trade Smart Online 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.
Reliance Money Vs Trade Smart Online Comparison
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 presence in over 1700 branches.
Trade Smart Online, on the other hand, is a discount broker that was incorporated by VNS – a stockbroking firm that was founded in 1994. Everything about Trade Smart is Online, be it – customer service, trading, account opening and so on.
Reliance Money, as a full-service broker, is a player that will help you, spoon feed you, handhold 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 etc.
To make things easy for you, we have listed out the comparison between Reliance Money Vs Trade Smart 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 stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
 |  | |
| Reliance Securities Review | Trade Smart Online Review | |
| OVERVIEW | ||
| Incorporated In the Year | 2006 | 1994 |
| 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 | ₹200 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹200 |
| Demat Account Annual Maintenance Charges | ₹400 | ₹300 |
| Transaction Charges | Reliance Securities Transaction Charges | Trade Smart Online Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.5% to 0.08% | ₹15 per executed order or 0.07% depending on the plan |
| Intraday Delivery | 0.05% to 0.005% | ₹15 per executed order or 0.007% depending on the plan |
| Equity Futures | 0.05% to 0.005% | ₹15 per executed order or 0.007% depending on the plan |
| Equity Options | ₹7 to ₹10 per lot | ₹15 or ₹7 per executed order depending on the plan |
| Currency Futures | 0.04% | ₹15 per executed order or 0.007% depending on the plan |
| Currency Options | ₹40 per lot | ₹15 per executed order or 0.007% depending on the plan |
| Commodity | NA | ₹15 per executed order or 0.007% depending on the plan |
| Calculate Brokerage | Reliance Securities Brokerage Calculator | Trade Smart Online Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday, Upto 3 times for Delivery | Intraday upto 30 times |
| Equity Futures | Upto 3 times for Intraday | Upto 5 times |
| Equity Options | No Leverage | Upto 5 times |
| Currency Futures | No Leverage | Upto 3 times |
| Currency Options | No Leverage | Upto 3 times |
| Commodities | NA | Upto 5 times |
| 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 | NOW, Nest, Spin |
| Total BSE+NSE Complaints | 69 | 14 |
| OVERALL RATING |  |  |
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 Reliance Money Vs Trade Smart Online for the benefits of other readers?
Please feel free to share in the comments below.
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Date
Broker Name
Reliance Money Vs Trade Smart Online
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