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Goodwill Commodities Vs Reliance Money – Share Brokers Comparison
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Goodwill Commodities Vs Reliance Money
Here is a point by point comparison of Goodwill Commodities Vs Reliance Money. 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. Goodwill Commodities is a chennai based full service stock broker which has an expertise in commodity trading. The broker was established in 2008 and has presence in 27 locations across different cities of India. Goodwill Commodities is known to provide high exposure but has relatively low focus on technology.
Full service brokers such as Goodwill Commodities or Reliance Money 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 Goodwill Commodities Vs Reliance Money 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 | Goodwill Commodities Review | |
| OVERVIEW | ||
| Incorporated In the Year | 2006 | 2008 |
| Number of branches across India | 1700 | 27 |
| Exchanges | NSE, BSE, & MCX-SX | BSE, NSE, MCX, NCDEX, MSEI |
| 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 | Goodwill Commodities Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.5% to 0.08% | 0.5% |
| Intraday Delivery | 0.05% to 0.005% | 0.1% |
| Equity Futures | 0.05% to 0.005% | 0.1% |
| Equity Options | ₹7 to ₹10 per lot | 2.5% on the premium or ₹100 per contract, whichever is higher |
| Currency Futures | 0.04% | 0.1% |
| Currency Options | ₹40 per lot | 2.5% on the premium or ₹30 per contract, whichever is higher |
| Commodity | NA | 0.1% |
| Calculate Brokerage | Reliance Securities Brokerage Calculator | Goodwill Commodities Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday, Upto 3 times for Delivery | Upto 10 times for Intraday, 2 times for Delivery |
| Equity Futures | Upto 3 times for Intraday | 3 times for Intraday |
| Equity Options | No Leverage | 2 times for Intraday |
| Currency Futures | No Leverage | 2 times for Intraday |
| Currency Options | No Leverage | 2 times for Intraday |
| Commodities | NA | 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 Diet, NEST, iWin Mobile App, Goodwill Web Trading app |
| Complaints percentage | 0.08% | 0.15% |
| 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 Goodwill Commodities Vs Reliance Money for the benefits of other readers. Please feel free to share in the comments below.
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Goodwill Commodities Vs Reliance Money
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