LKP Securities Vs Reliance Securities – Share Brokers Comparison

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LKP Securities Vs Reliance Securities

Here is a point by point comparison of LKP Securities Vs Reliance Securities. LKP Securities is a full service stock broker based out of Mumbai and has presence in more than 2300 locations across 200 cities of India. Started as a securities brokerage house in 1948, LKP Securities is a listed public company that posted a networth of ₹158 Crore for the FY 2016-17.

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.

Full service brokers such as LKP Securities or 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 LKP Securities 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
OVERVIEW
Broker Type	Full Service Broker	Full Service Broker
Incorporated In the Year	2006	1948
Number of branches across India	1700	2300
Exchanges	NSE, BSE, & MCX-SX	NSE, BSE, MCX-SX, NCDX
ACCOUNT CHARGES
Trading Account Opening Charges	₹950	₹250
Trading Account Annual Maintenance Charges	₹0	₹0
Demat Account Opening Charges	₹0	₹250
Demat Account Annual Maintenance Charges	₹400	₹220
Transaction Charges	Reliance Securities Transaction Charges	LKP Securities Transaction Charges
BROKERAGE
Equity Delivery	0.5% to 0.08%	0.5%
Intraday Delivery	0.05% to 0.005%	0.05%
Equity Futures	0.05% to 0.005%	0.05%
Equity Options	₹7 to ₹10 per lot	₹50 per lot
Currency Futures	0.04%	₹30 per lot
Currency Options	₹40 per lot	₹30 per lot
Commodity	NA	₹30 per lot
Calculate Brokerage	Reliance Securities Brokerage Calculator	LKP Securities Brokerage Calculator
EXPOSURE OR LEVERAGE
Equity	Upto 10 times for Intraday, Upto 3 times for Delivery	Upto 10 Times for Intraday, For Delivery upto 2 times
Equity Futures	Upto 3 times for Intraday	Upto 2 times Intraday
Equity Options	No Leverage	Buying No Margin, Shorting upto 2 times for Intraday
Currency Futures	No Leverage	Upto 1.5 times Intraday
Currency Options	No Leverage	Upto 2 times Intraday
Commodities	NA	Upto 2 times 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	Swift Trade, Web Portal, AxisDirect Mobile app
Total BSE+NSE Complaints	69	39
OVERALL RATING
	Get a Callback	Get a Call Back

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

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