Here is a detailed comparison of Karvy vs Reliance Securities. This comparison includes all metrics required to give a detailed idea about both the stock brokers. In this comparison we will cover the similarities between Karvy vs Reliance Securities along with differences.
In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:
- Overview
- Customer Ratings
- Demat Account
- Research & Advisory
- Brokerage Charges & Fees
- Other Charges
- Services
- Products
- Exposure/Leverage
- Trading Platform
- Offers
- Customer Support
- Complaints
This Karvy vs Reliance Securities comparison will give a very detailed overview of which stock broker is suitable for you.
Now let’s Compare Karvy vs Reliance Securities:
Overview of Karvy & Reliance Securities |
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| Overview | Karvy | Reliance Securities |
| Company Type | Private | Public |
| Broker Type | Full Service Broker | Full Service Broker |
| Headquarters | Hyderabad, India | Mumbai, India |
| Founder | C Parthasarathy | Anil Ambani |
| Established Year | 1983 | 2005 |
Karvy vs Reliance Securities Customer Ratings Comparison |
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| Customer Ratings | Karvy | Reliance Securities |
| Experience | 6.0/10 | 6.5/10 |
| Products & Services | 6.5/10 | 6.4/10 |
| Brokerage Charges & Fees | 7.0/10 | 6.2/10 |
| Stock Research & Advisory | 6.7/10 | 6.1/10 |
| Trading Platforms | 6.5/10 | 6.1/10 |
| Overall Ratings | 6.5/10 | 6.3/10 |
| Star Ratings | ★★★☆☆ | ★★★☆☆ |
| Total Client Reviews | 1265 | 523 |
Karvy vs Reliance Securities Demat Account Comparison |
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| Demat Services | Karvy | Reliance Securities |
| Depository Source | CDSL | CDSL & NSDL |
| Account Opening Charges | Free | Free |
| Demat AMC Charges | Rs.500 per Annum | Free or Rs.400 per Annum |
| Trading AMC Charges | Free | Free |
| Margin Money | Zero to Rs.1 lakh | Rs.25,000 |
| Offline to Online | No | No |
Reliance Securities vs Karvy Brokerage Charges Comparison |
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| Brokerage Charge & Fees | Karvy | Reliance Securities |
| Equity Delivery Trading | 0.1% – 0.3% | 0.15% – 0.50% |
| Equity Intraday Trading | 0.01% – 0.03% | 0.015% – 0.050% |
| Commodity Options Trading | 0.01% – 0.03% | No |
| Equity Futures Trading | 0.01% – 0.03% | 0.015% – 0.050% |
| Equity Options Trading | Rs.10 – Rs.30 per lot | Rs.50 – Rs.100 per lot |
| Currency Futures Trading | 0.01% – 0.03% | 0.015% – 0.050% |
| Currency Options Trading | Rs.10 – Rs.30 per lot | Rs.50 – Rs.100 per lot |
| Minimum Brokerage | Percentage of Transacton | As per Transaction |
| Demat AMC Charges | Rs.500 per annum | Free or Rs.400 per annum |
| Trading AMC Charges | Free | Free |
| Margin Money | Zero to Rs.1 lakh | Rs.25,000 |
| Brokerage Calculator | Karvy Brokerage Calculator | Reliance Securities Brokerage Calculator |
Reliance Securities & Karvy Other Charges Comparison |
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| Other Charges | Karvy | Reliance Securities |
| Transaction Charges | 0.00325% of Total Turnnover | 0.00350% of Total Turnover |
| STT | 0.0126% of Total Turnover | 0.0126% of Total Turnover |
| SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0002% of Total Turnover |
| Stamp Duty | Depends on State (very minimal) | Depends on State (very minimal) |
| GST | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) |
Compare Reliance Securities & Karvy Offers |
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| Offers | Karvy | Reliance Securities |
| Free Demat Account | R | R |
| Free Trading Account | S | R |
| Discount on Brokerage | S | R |
| Trading Happy Hours | S | S |
| Flexible Brokerage Plans | R | R |
| 1 Month Brokerage Free | S | S |
| Holiday Offers | S | S |
| Referral Offers | S | S |
| Zero Brokerage for Loss Making Trades | S | S |
Compare Services of Karvy vs Reliance Securities |
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| Services | Karvy | Reliance Securities |
| Demat Services | R | R |
| Trading Services | R | R |
| 3 in 1 Acount | S | S |
| Intraday Services | R | R |
| IPO Services | R | R |
| Stock Recommendations | R | R |
| Robo Advisory | S | S |
| PMS | R | R |
| Trading Institution | S | S |
| Trading Exposure | Upto 20x | Upto 25x |
Compare Reliance Securities & Karvy Research & Advisory |
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| Research & Advisory | Karvy | Reliance Securities |
| Fundamental Reports | R | R |
| Research Reports | R | R |
| Company Reports | R | R |
| Annual Reports | R | R |
| Company Stock Review | R | R |
| Free Stock Tips | S | S |
| IPO Reports | R | R |
| Top Picks | S | R |
| Daily Market Review | S | S |
| Monthly Reports | R | R |
| Weekly Reports | R | R |
| Offline Advisory | R | R |
| Relationship Manager | R | R |
Karvy vs Reliance Securities Exposure/Leverage |
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| Exposure / Leverage | Karvy | Reliance Securities |
| Equity Delivery | Upto 10x | Upto 20x |
| Equity Intraday | Upto 20x | Upto 25x |
| Equity Futures | Upto 10x | Upto 15x |
| Equity Options | Upto 15x | Upto 15x |
| Currency Futures | Upto 12x | Upto 10x |
| Currency Options | Upto 10x | Upto 10x |
| Commodities | Upto 12x | No |
Karvy vs Reliance Securities Product Comparison |
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| Products | Karvy | Reliance Securities |
| Equity Trading | R | R |
| Commodity Trading | R | S |
| Currency Trading | R | R |
| Options | R | R |
| Futures | R | R |
| Mutual Funds | R | R |
| Forex | S | S |
| Banking | S | S |
| SIP | R | R |
| Insurance | S | S |
Karvy vs Reliance Securities Trading Platform Comparison |
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| Trading Platforms | Karvy | Reliance Securities |
| Desktop Platform – Windows | R | R |
| Desktop Platform – Mac | R | R |
| Desktop Browser Platform | R | R |
| Mobile Site Platform | R | S |
| Android App Platform | R | R |
| iOS App Platform | R | R |
| Windows App Platform | S | S |
| Other Mobile OS Platform | S | S |
| Real time Updates | R | R |
| Portfolio Details | R | R |
| Online MF Buy | R | R |
| News Flash | R | R |
| Research Reports | R | R |
| Easy Installation | R | R |
| Global Indices | R | R |
| Stock Tips | R | R |
| Personalized Advisory | R | R |
| Interactive Charts | R | R |
| Live Markets | R | R |
| SMS Alerts | R | R |
| Email Alerts | R | R |
| Multi Account Management | R | R |
Karvy vs Reliance Securities Customer Support |
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| Customer Support | Karvy | Reliance Securities |
| Dedicated Dealer | R | R |
| Offline Trading | R | R |
| Online Trading | R | R |
| 24*7 Support | S | S |
| Support Number | 040 – 6750 6200 | 022 – 3988 6000 |
| Email Support | R | R |
| Chat Support | S | S |
| Toll Free Number | 1800 419 8283 | S |
| Branches | 110 | 80 |
Karvy vs Reliance Securities Customer Complaints |
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| Complaints (Current Year) | Karvy | Reliance Securities |
| Lodged in BSE | 210 | 145 |
| Resolved in BSE | 185 | 121 |
| Lodged in NSE | 165 | 198 |
| Resolved in NSE | 143 | 174 |
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