Comparison –  Reliance Securities Vs Axis Direct

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