Comparison –  RKSV Vs Reliance Securities

RKSV Reliance Securities
Year of Incorporation 2008 2006
Exchanges enabled NSE, BSE & MCX NSE, BSE, & MCX-SX
Demat (NSDL/CDSL) NSDL- Partnership with ILFS NSDL, CDSL
Brokerages
Equity 0 (free) for equity delivery & Rs 20/executed order or 0.01% (intraday)
Equity: Upfront Brokerage: 0.04%/0.4% to 0.01%/0.1% for Intraday/Delivery
Equity Futures Rs 20/executed order or 0.01% whichever is lower Upfront Brokerage: 0.04% to 0.01% of Turnover
Equity Options Rs 20/executed order or 0.01% whichever is lower Upfront Brokerage: Rs 70/lot to Rs 10/lot
Currency Futures Rs 20/executed order or 0.01% whichever is lower Upfront Brokerage: 0.04% to 0.01% of Turnover
Currency Options Rs 20/executed order or 0.01% whichever is lower Upfront Brokerage: Rs 70/lot to Rs 10/lot
Commodity Rs 20/executed order or 0.01% whichever is lower NA
Account opening charges
Trading and Demat Rs 250 Rs 950
Only Trading Rs 460 NA
Commodity Rs 250 NA
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 22 days 22 Days on NEST
Margins & Leverage Provided
Equity Upto 20 times for intraday, 0 for delivery
Upto 10 Times Intraday, Upto 3 times Delivery @ interest
Equity Futures Upto 4 times for intraday Upto 3 times Intraday
Equity Options Buying no leverage, shorting upto 4 times for intraday No Leverage
Currency Futures Upto 4 times for intraday No Leverage
Currency Options Buying no leverage, shorting upto 4 times for intraday No Leverage
Commodity Upto 3 times for intraday NA
Serviceable
3 in 1 Account No NO
Instant Fund withdrawal No NO
Instant Fund Transfer YES YES
Relationship Managers No NO