Comparison –  Reliance Securities Vs KARVY

Reliance Securities KARVY
Year of Incorporation 2006 1985
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 0.03% Intraday, 0.3% Delivery
Equity Futures Upfront Brokerage: 0.04% to 0.01% of Turnover 0.03% of Turnover
Equity Options Upfront Brokerage: Rs 70/lot to Rs 10/lot Rs 50/lot
Currency Futures Upfront Brokerage: 0.04% to 0.01% of Turnover 0.03% of Turnover
Currency Options Upfront Brokerage: Rs 70/lot to Rs 10/lot Rs 50/lot
Commodity NA 0.03% of Turnover
Account opening charges
Trading and Demat Rs 950 Rs 420
Only Trading NA NA
Commodity NA Rs 200
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 22 Days on NEST 5 days Intraday on ODIN
Margins & Leverage Provided
Equity Upto 10 Times Intraday, Upto 3 times Delivery @ interest Intraday upto 20 times, 0 for Delivery
Equity Futures Upto 3 times Intraday Upto 4 times for Intraday
Equity Options No Leverage
No Leverage for buying, upto 4 times for Shorting Intraday
Currency Futures No Leverage No Leverage
Currency Options No Leverage No Leverage
Commodity NA Upto 4 times for Intraday
Serviceable
3 in 1 Account NO NO
Instant Fund withdrawal NO NO
Instant Fund Transfer YES YES
Relationship Managers NO YES