Comparison –  Reliance Securities Vs ICICI Direct

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