Comparison –  Reliance Securities Vs Indianinfoline

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