Comparison –  Indianinfoline Vs Reliance Securities

IIFL Reliance Securities
Year of Incorporation 1996 2006
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, & MCX-SX
Demat (NSDL/CDSL) NSDL/CDSL NSDL, CDSL
Brokerages
Equity 0.05% Intraday & 0.5% Delivery – Negotiable
Equity: Upfront Brokerage: 0.04%/0.4% to 0.01%/0.1% for Intraday/Delivery
Equity Futures 0.05% of Turnover – Negotiable Upfront Brokerage: 0.04% to 0.01% of Turnover
Equity Options Rs 100/lot – Negotiable Upfront Brokerage: Rs 70/lot to Rs 10/lot
Currency Futures Rs 25/lot – Negotiable Upfront Brokerage: 0.04% to 0.01% of Turnover
Currency Options Rs 10/lot – Negotiable Upfront Brokerage: Rs 70/lot to Rs 10/lot
Commodity 0.03% – Negotiable NA
Account opening charges
Trading and Demat Rs 750 Rs 950
Only Trading NA NA
Commodity Nill NA
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 20 Days 22 Days on NEST
Margins & Leverage Provided
Equity Upto 20 times Intraday, &3 times for Delivery@interest
Upto 10 Times Intraday, Upto 3 times Delivery @ interest
Equity Futures Upto 3 times for Intraday Upto 3 times Intraday
Equity Options Buying no leverage, Shorting upto 3 times No Leverage
Currency Futures Upto 2 times for Intraday No Leverage
Currency Options Buying no leverage, Shorting upto 2 times No Leverage
Commodity Upto 3 times for Intraday NA
Serviceable
3 in 1 Account NO NO
Instant Fund withdrawal NO NO
Instant Fund Transfer YES YES
Relationship Managers YES NO