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Karvy vs Reliance Securities (Compare Karvy vs Reliance Securities)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Karvy vs Reliance Securities, Below comparison of Karvy vs Reliance Securities highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Karvy vs Reliance Securities is given below:

Karvy Reliance Securities
About The Brokers
Karvy :

"Karvy Online is certainly a renowned name in share brokerage Industry with over 6 lakh active customer base, powerful online trading tools, Research based investment    >>> more

Reliance Securities :

"Reliance Securities is certainly a renowned name in share brokerage Industry with over 1.15 lakh active customer base, powerful online trading tools, Research based i   >>> more

Find More Information about the Broker :
Karvy :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Reliance Securities :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
Karvy :
 Full Service Broker
Reliance Securities :
 Full Service Broker
Promo/offers
Karvy :
N/A
Reliance Securities :
N/A
Advantage
Karvy :
  •  Huge Branch & Partner network.
  •  Trading is available in both BSE and NSE.
  •  Offer Commodity Trading & Investment facility in Mutual funds & IPO.
  •  Karvy offers zero demat AMC for first year.
  •  Free research reports.
Reliance Securities :
  • Live chat facility available
  • Easy-to-use website.
  • Trading through an in-house secured website
  • Almost all financial services available including commodity trading
  • Brokerage is average compare to top-notch brokerage firm, however, equal to most average brokers
  • Big margin and option to pay within t+5 days
  • Free for first 20 calls in a month
  • Intensive Research support
Disadvantage
Karvy :
  •  Doesn't offer 3-in-1 account.
  •  High brokerage.
  •  No referral Program
  •  Lacks transparency in Brokerage charges.
Reliance Securities :
  • Customer services needs to be improved.
  • Lots of hidden charges are included
  • High Brokerage Charges
  • Do not provide 3-in-1 trading account
Why This
Karvy :
  •  Wide Network with over 289 Business location & 540+ Franchise partners.
  •  Amongst top 10 stock brokers in India and top 3 depository participants.
  •  All investment options - Equities, IPO, Mutual Funds,ETFs,Commodities,F&O
  •  Combined account facility that caters to all investment opportunities such as trade in Equities, Derivatives, Currency and also investing in IPOs, Mutual funds and NCDs.
  •  Offer NRI Trading.
Reliance Securities :
  • Award Winning trustworthiness of the Reliance Group.
  • Reliance Securities is registered with both NSE and BSE and offers trading facilities in equity, derivatives, currency, ETF's, Mutual Funds, NCD/Bonds, corporate FD's, Sovereign gold bonds etc.
  • They have dedicated research team who continuously track the domestic and global market to provide essential information and repost to their clients for appropriate investment for their hard earned money.
  • They Pay due attention to their trading technology and have more than 10 platform for their clients to trade.
  • They provide investment opportunity to NRIs and have a various offering for them.
  • The customer can place after market orders (AMO) for next day post market hours.

Karvy vs Reliance Securities Account Opening & AMC Charges

Karvy Trading Account Opening Fee is ₹650 and Reliance Securities Trading Account Opening Fee is ₹950 . Karvy Demat Account AMC is ₹420 and Reliance Securities Demat Account AMC is ₹400 .

Karvy Reliance Securities
Trading Account Opening Fee Trading Account Opening Fee :

₹650

Trading Account Opening Fee :

₹950

Demat Account Opening Fee Demat Account Opening Fee :

₹0

Demat Account Opening Fee :

₹0

Demat Account AMC Demat Account AMC :

₹420

Demat Account AMC :

₹400

Trading Account AMC Trading Account AMC :

₹0

Trading Account AMC :

₹0


Karvy vs Reliance Securities Brokerage Charges

Karvy Brokerage Charges Equity Delivery is 0.1% and Equity Intraday is 0.01% and Equity Options is ₹10 per lot . Reliance Securities Brokerage Charges Equity Delivery is 0.50% and Equity Intraday is 0.05% and Equity Options is ₹100 per lot .

Karvy Reliance Securities
Plan Name Plan Name :

Retail Brokerage Plan

Plan Name :

Premium Subscription Plan

Plan Name :

R Fixed plan

Plan Name :

R Flexi Plan

Equity Delivery Equity Delivery :

0.1%

Equity Delivery :

0.3%

Equity Delivery :

0.40%

Equity Delivery :

0.50%

Equity Intraday Equity Intraday :

0.01%

Equity Intraday :

0.03%

Equity Intraday :

0.04%

Equity Intraday :

0.05%

Equity Future Equity Future :

0.01%

Equity Future :

0.03%

Equity Future :

0.04%

Equity Future :

0.05%

Equity Options Equity Options :

₹10 per lot

Equity Options :

₹30 per lot

Equity Options :

₹100 per lot

Equity Options :

₹100 per lot

Currency Futures Currency Futures :

0.01%

Currency Futures :

0.03%

Currency Futures :

0.04%

Currency Futures : -
Currency Options Currency Options :

₹10 per lot

Currency Options :

₹30 per lot

Currency Options :

₹100 per lot

Currency Options : -
Monthly Fee Monthly Fee :

₹100,000 per year

Monthly Fee :

Monthly Fee :

NA

Monthly Fee :

NA

Margin Trading Margin Trading :

Margin Trading :

Margin Trading : - Margin Trading : -
Commodity Futures Commodity Futures :

0.01%

Commodity Futures :

0.03%

Commodity Futures :

NA

Commodity Futures : -
Commodity Options Commodity Options :

₹10 per lot

Commodity Options :

₹30 per lot

Commodity Options :

NA

Commodity Options : -

Karvy vs Reliance Securities Transaction Charges (Per Crore)

Karvy Transaction Charges (Per Crore) Equity Future is ₹230 and Equity Options is ₹5500 . Reliance Securities Transaction Charges (Per Crore) Equity Future is 0.0033% and Equity Options is 0.063% on premium .

Karvy Reliance Securities
Equity Delivery Equity Delivery :

₹325

Equity Delivery :

0.0035%

Equity Intraday Equity Intraday :

₹325

Equity Intraday :

0.0035%

Equity Future * Equity Future :

₹230

Equity Future :

0.0033%

Equity Options * Equity Options :

₹5500

Equity Options :

0.063% on premium

Currency Futures * Currency Futures :

₹325

Currency Futures : -
Currency Options Currency Options :

Currency Options : -
Commodity Commodity :

₹300

Commodity :

NA


Karvy vs Reliance Securities Other Charges

Karvy Minimum Brokerage is Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher and Call & Trade is . Reliance Securities Minimum Brokerage is 5 paise per share and Call & Trade is ₹20 per call (First 20 calls free) .

Karvy Reliance Securities
Minimum Brokerage Minimum Brokerage :

Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher

Minimum Brokerage :

5 paise per share

Call & Trade Call & Trade :

Call & Trade :

₹20 per call (First 20 calls free)

Stamp Duty * Stamp Duty :

State wise

Stamp Duty :

Charges as per the state of residence

DP Charges (on sell side) DP Charges (on sell side) : - DP Charges (on sell side) :

0.04% of transaction value (minimum Rs 27)

Other Miscellaneous Charges Other Miscellaneous Charges :

Other Miscellaneous Charges :

Physical contract note: ₹40 | Physical Ledger: ₹40


Karvy vs Reliance Securities Features

Karvy and Reliance Securities both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

Karvy Reliance Securities
Trading Platform Trading Platform :

OMNESYS NEST - Web, Trader, KarvyOnline mobile app

Trading Platform :

Tic PC, Tick Web, Tick Pro mobile app

Placing orders through charts Placing orders through charts :

No

Placing orders through charts :

yes

Trading Alerts Trading Alerts :

No

Trading Alerts :

Yes

Research and Advice / Trading Tips Research and Advice / Trading Tips :

0

Research and Advice / Trading Tips : -
Detailed Education Initiatives Detailed Education Initiatives :

No

Detailed Education Initiatives :

No

Unique features & Offers Unique features & Offers :

Ask the expert, The Finapolis

Unique features & Offers :

Option strategies, R Model Portfolio

Referral Program Referral Program :

0

Referral Program : -
Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

Yes

Margin Against Shares (Equity F&O) :

Yes


Karvy vs Reliance Securities Demat Account Charges

A comparative table of various demat account charges between Karvy and Reliance Securities is below:

Karvy Reliance Securities
Depository Service Provider Depository Service Provider :

CDSL & NSDL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

₹650

Account Opening Fee :

₹950

Advance Deposit Advance Deposit :

Nil

Advance Deposit :

Nil

AMC AMC :

₹0

AMC :

₹0

Dematerialisation Charges Dematerialisation Charges :

₹5 per certificate + ₹40 for courier charges;

For BSDA Accounts: ₹10 per certificate + ₹50 courier charges

Dematerialisation Charges :

₹30 per request + ₹5 for each certificate

Rematerialisation Charges Rematerialisation Charges :

₹20 for every 100 securities or ₹20 per certificate whichever is higher

Rematerialisation Charges :

₹40 for 100 securities or a flat fee of ₹25 per certificate which ever is higher + postal charges

Transaction Charges (Credit) Transaction Charges (Credit) : - Transaction Charges (Credit) : -
Transaction Charges (debit) Transaction Charges (debit) :

₹15 per transaction

Transaction Charges (debit) :

₹15

Pledge Creation Charges Pledge Creation Charges :

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

Pledge Creation Charges :

₹0.05% of transaction value or minimum of ₹30 per ISIN

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

Pledge Creation Confirmation Charges :

₹0.05% of transaction value or minimum of ₹30 per ISIN

Pledge Invocation Charges Pledge Invocation Charges :

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

Pledge Invocation Charges :

₹0.05% of transaction value or minimum of ₹30 per ISIN

Failed Instruction Charges Failed Instruction Charges :

₹100 per instruction

Failed Instruction Charges :

Nil

Other Charges Other Charges :

₹100 per Demat Rejection

₹100 per Client Modification Request

₹100 per DIS Lost Request

₹100 per request for physical statements

Other Charges :

Additional account statements for Individuals/HUFs/ Corporate: ₹40 per Statement

For NRI / Foreign Nationals: ₹100 per Statement


Karvy vs Reliance Securities Basic Details

Karvy Year of Incorporation is 1985 and Total Number of Clients is 2,60,000+ and Total Number of Branches is 575 . Reliance Securities Year of Incorporation is 2006 and Total Number of Clients is 124338 and Total Number of Branches is 40 .

Karvy Reliance Securities
Year of Incorporation Year of Incorporation :

1985

Year of Incorporation :

2006

Active Exchange Memberships Active Exchange Memberships :

NSE, BSE, MCX

Active Exchange Memberships :

NSE, BSE, MCX, NCDEX

Demat Services Demat Services :

No

Demat Services :

No

Website Website :

www.karvyonline.com

Website :

https://www.rsec.co.in

Contact Details Contact Details :

18004258283

Contact Details :

022-39886000

Total Number of Clients Total Number of Clients :

2,60,000+

Total Number of Clients :

124338

Total Number of Branches Total Number of Branches :

575

Total Number of Branches :

40

Products * Products :

Institutional broking, retail broking, private wealth management, and financial product distribution

Products : -

Karvy vs Reliance Securities Leverage

Leverage

Karvy Reliance Securities
Equity Delivery Equity Delivery :

Upto 5x with 24% interest per year

Equity Delivery :

Upto 3x with 21% interest per year

Equity Intraday Equity Intraday :

Upto 20x

Equity Intraday :

Upto 10x

Equity Futures Equity Futures :

Upto 4x

Equity Futures :

Upto 3x

Equity Options Equity Options :

Upto 4x for shorting

Equity Options :

Nil

Currency Futures Currency Futures :

Nil

Currency Futures :

Nil

Currency Options Currency Options :

Nil

Currency Options :

Nil

Commodity Futures Commodity Futures :

Upto 4x

Commodity Futures :

NA

Commodity Options Commodity Options :

Commodity Options : -
F&O (Eq, Curr, Comm) F&O (Eq, Curr, Comm) : - F&O (Eq, Curr, Comm) : -

Karvy vs Reliance Securities Orders

Orders

Karvy Reliance Securities
Cover Orders (CO) Cover Orders (CO) :

Cover Orders (CO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

Bracket orders / One Cancels Other (BO / OCO) :

No

After Market Orders (AMO) After Market Orders (AMO) :

After Market Orders (AMO) :

No

Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Buy Today Sell Tomorrow (BTST) :

Yes

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

Sell Today Buy Tomorrow (STBT) :

Yes

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

Good Till Cancelled (GTC) :

Yes


Karvy vs Reliance Securities Research and Advice / Trading Tips

Research and Advice / Trading Tips

Karvy Reliance Securities
Equity Trading Recommendation * Equity Trading Recommendation :

Yes

Equity Trading Recommendation : -
Equity Investment Recommendation * Equity Investment Recommendation :

Yes

Equity Investment Recommendation : -
Recommendation basis risk Profile * Recommendation basis risk Profile :

Yes

Recommendation basis risk Profile : -
Comparison * Comparison :

Yes

Comparison : -
Free Tips * Free Tips :

Yes

Free Tips : -
Daily Market report * Daily Market report :

Yes

Daily Market report : -
ETF research * ETF research :

No

ETF research : -
Quarterly Results * Quarterly Results :

Yes

Quarterly Results : -

Karvy vs Reliance Securities Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Karvy Reliance Securities
Availability for franchisee / AP Availability for franchisee / AP :

Yes

Availability for franchisee / AP :

Yes

Investment required for Franchisee / AP Investment required for Franchisee / AP :

Rs.25,000 to Rs.50,000

Investment required for Franchisee / AP :

Rs.50,000 to 3,00,000


Karvy vs Reliance Securities Product & Services

Karvy and Reliance Securities both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

Karvy Reliance Securities
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading : -
Margin Trading * Margin Trading :

Yes

Margin Trading : -
Call in Trade * Call in Trade :

Yes

Call in Trade : -
Trading in Both the exchanges * Trading in Both the exchanges :

Yes

Trading in Both the exchanges : -
Limit Order * Limit Order :

Yes

Limit Order : -
3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account :

No

3-in-1 On-line Trading Account : -
NRI Services * NRI Services :

Yes

NRI Services : -
SMS Alerts * SMS Alerts :

Yes

SMS Alerts : -
Offers Multiple Plan * Offers Multiple Plan :

No

Offers Multiple Plan : -
IPO Investment * IPO Investment :

Yes

IPO Investment : -
Portfolio Analysis * Portfolio Analysis :

Yes

Portfolio Analysis : -
Advanced Charting Features * Advanced Charting Features :

Yes

Advanced Charting Features : -
Brokerage Calculator * Brokerage Calculator :

No

Brokerage Calculator : -
Margin Calculator * Margin Calculator :

Yes

Margin Calculator : -
Stop Loss Order * Stop Loss Order :

Yes

Stop Loss Order : -
Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss :

Yes

Bracket Orders & Trailing Stop Loss : -
Equity Future & Option Trading * Equity Future & Option Trading :

Yes

Equity Future & Option Trading : -
Currency Future & Option Trading * Currency Future & Option Trading :

Yes

Currency Future & Option Trading : -
Market Trading * Market Trading :

Yes

Market Trading : -
Monthly & Yearly Plan * Monthly & Yearly Plan :

No

Monthly & Yearly Plan : -
Aumtomated Trading * Aumtomated Trading :

Yes

Aumtomated Trading : -

Karvy vs Reliance Securities Customer Services

Karvy and Reliance Securities both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

Karvy Reliance Securities
Toll Free Number * Toll Free Number :

Yes

Toll Free Number : -
Live Chat Facility * Live Chat Facility :

No

Live Chat Facility : -
Email Facility * Email Facility :

Yes

Email Facility : -
Branch Offices * Branch Offices :

Yes

Branch Offices : -
Customer Care * Customer Care :

Yes

Customer Care : -
Community Service * Community Service :

Yes

Community Service : -
Relationship Manager * Relationship Manager : - Relationship Manager : -
24/7 Support * 24/7 Support :

No

24/7 Support : -

Karvy vs Reliance Securities Other Investement

Karvy and Reliance Securities both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

Karvy Reliance Securities
Commodity Trading * Commodity Trading :

Yes

Commodity Trading : -
Investment in ETFs * Investment in ETFs :

Yes

Investment in ETFs : -
Investment in Mutual Funds * Investment in Mutual Funds :

Yes

Investment in Mutual Funds : -
Investment in Bonds * Investment in Bonds :

Yes

Investment in Bonds : -
Investment in Corporate Debt instruments * Investment in Corporate Debt instruments :

Yes

Investment in Corporate Debt instruments : -
Insurance Services * Insurance Services :

Yes

Insurance Services : -
Banking Services * Banking Services :

Yes

Banking Services : -

Karvy vs Reliance Securities Trading PlatForm

Karvy and Reliance Securities both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

Karvy Reliance Securities
Web Platform * Web Platform :

Yes

Web Platform : -
Android Mobile App * Android Mobile App :

Yes

Android Mobile App : -
Desktop Windows * Desktop Windows :

Yes

Desktop Windows : -
Desktop Mac * Desktop Mac :

No

Desktop Mac : -
I-Pad App * I-Pad App :

No

I-Pad App : -
Virtual Trading * Virtual Trading :

No

Virtual Trading : -
iPhone Mobile App * iPhone Mobile App :

No

iPhone Mobile App : -
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