Comparison –  KARVY Vs Reliance Securities

KARVY Reliance Securities
Year of Incorporation 1985 2006
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, & MCX-SX
Demat (NSDL/CDSL) NSDL, CDSL NSDL, CDSL
Brokerages
Equity 0.03% Intraday, 0.3% Delivery
Equity: Upfront Brokerage: 0.04%/0.4% to 0.01%/0.1% for Intraday/Delivery
Equity Futures 0.03% of Turnover
Upfront Brokerage: 0.04% to 0.01% of Turnover
Equity Options Rs 50/lot
Upfront Brokerage: Rs 70/lot to Rs 10/lot
Currency Futures 0.03% of Turnover
Upfront Brokerage: 0.04% to 0.01% of Turnover
Currency Options Rs 50/lot
Upfront Brokerage: Rs 70/lot to Rs 10/lot
Commodity 0.03% of Turnover NA
Account opening charges
Trading and Demat Rs 420 Rs 950
Only Trading NA NA
Commodity Rs 200 NA
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 5 days Intraday on ODIN 22 Days on NEST
Margins & Leverage Provided
Equity Intraday upto 20 times, 0 for Delivery
Upto 10 Times Intraday, Upto 3 times Delivery @ interest
Equity Futures Upto 4 times for Intraday Upto 3 times Intraday
Equity Options No Leverage for buying, upto 4 times for Shorting Intraday No Leverage
Currency Futures No Leverage No Leverage
Currency Options No Leverage No Leverage
Commodity Upto 4 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