Comparison –  ICICI Direct Vs Reliance Securities

ICICI Direct Reliance Securities
Year of Incorporation 2000 2006
Exchanges enabled NSE & BSE NSE, BSE, & MCX-SX
Demat (NSDL/CDSL) NSDL & CDSL NSDL, CDSL
Brokerages
Equity Equity Intraday 0.05% & Delivery 0.25%- Negotiable
Equity: Upfront Brokerage: 0.04%/0.4% to 0.01%/0.1% for Intraday/Delivery
Equity Futures 0.05% of Turnover for Overnight & Intraday only one side- Negotiable Upfront Brokerage: 0.04% to 0.01% of Turnover
Equity Options Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable Upfront Brokerage: Rs 70/lot to Rs 10/lot
Currency Futures 0.05% of Turnover for Overnight & Intraday only one side- Negotiable Upfront Brokerage: 0.04% to 0.01% of Turnover
Currency Options Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable Upfront Brokerage: Rs 70/lot to Rs 10/lot
Commodity NA NA
Account opening charges
Trading and Demat Rs 975 for 3 in 1 Account Rs 950
Only Trading NA NA
Commodity NA NA
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 20 Days 22 Days on NEST
Margins & Leverage Provided
Equity Intraday upto 25 times & Delivery upto 5 times for interest
Upto 10 Times Intraday, Upto 3 times Delivery @ interest
Equity Futures Upto 4 times for intraday Upto 3 times Intraday
Equity Options Not for buying but upto 2 times for shorting No Leverage
Currency Futures NA No Leverage
Currency Options NA 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