Comparison –  Reliance Securities Vs Way2Wealth

Reliance Securities Way2wealth
Year of Incorporation 2006 1984
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
0.04% for Intraday, 0.4% for Delivery – Negotiable
Equity Futures Upfront Brokerage: 0.04% to 0.01% of Turnover 0.04% of Turnover – Negotiable
Equity Options Upfront Brokerage: Rs 70/lot to Rs 10/lot Rs 50/lot – Negotiable
Currency Futures Upfront Brokerage: 0.04% to 0.01% of Turnover 0.04% of Turnover – Negotiable
Currency Options Upfront Brokerage: Rs 70/lot to Rs 10/lot Rs 50/lot – Negotiable
Commodity NA 0.04% of Turnover – Negotiable
Account opening charges
Trading and Demat Rs 950 NA
Only Trading NA 350
Commodity NA 100
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 22 Days on NEST 22 days on NEST
Margins & Leverage Provided
Equity Upto 10 Times Intraday, Upto 3 times Delivery @ interest
Upto 6 times for Intraday, 0 for Delivery
Equity Futures Upto 3 times Intraday Upto 2 times for Intraday
Equity Options No Leverage No Leverage
Currency Futures No Leverage Upto 2 times Intraday
Currency Options No Leverage No Leverage
Commodity NA Upto 3 times Intraday
Serviceable
3 in 1 Account NO No
Instant Fund withdrawal NO No
Instant Fund Transfer YES YES
Relationship Managers NO YES