Comparison –  Axis Direct Vs Reliance Securities

Axis Direct Reliance Securities
Year of Incorporation 2006 2006
Exchanges enabled NSE & BSE NSE, BSE, & MCX-SX
Demat (NSDL/CDSL) NSDL NSDL, CDSL
Brokerages
Equity 0.05% for Intraday, 0.5% of Delivery
Equity: Upfront Brokerage: 0.04%/0.4% to 0.01%/0.1% for Intraday/Delivery
Equity Futures 0.05% of Turnover Upfront Brokerage: 0.04% to 0.01% of Turnover
Equity Options Rs 100/lot Upfront Brokerage: Rs 70/lot to Rs 10/lot
Currency Futures 0.05% of Turnover Upfront Brokerage: 0.04% to 0.01% of Turnover
Currency Options Rs 100/lot Upfront Brokerage: Rs 70/lot to Rs 10/lot
Commodity NA NA
Account opening charges
Trading and Demat Rs 900 Rs 950
Only Trading NA
Commodity NA
Trading Tools
Platforms Mobile/ web Mobile/ web/ desktop
Charting 5 days on Web based 22 Days on NEST
Margins & Leverage Provided
Equity Upto 10 times for Intraday, 0 for Delivery
Upto 10 Times Intraday, Upto 3 times Delivery @ interest
Equity Futures No Leverage Upto 3 times Intraday
Equity Options No Leverage No Leverage
Currency Futures No Leverage No Leverage
Currency Options No Leverage No Leverage
Commodity NA NA
Serviceable
3 in 1 Account YES NO
Instant Fund withdrawal YES NO
Instant Fund Transfer YES YES
Relationship Managers YES NO