Reliance Securities vs IDBI Direct – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of Reliance Securities vs IDBI Direct. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Reliance Securities & IDBI Direct will help you choose a better company that will fulfill the requirements for trading and investment purposes.

Both of these Stock Broking companies are providing wide range of products and services to the investors.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for both the broking companies.

This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.

Reliance Securities vs IDBI Direct 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

Compare Stock Brokers


This Reliance Securities & IDBI Direct comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s compare IDBI Direct & Reliance Securities

Overview of Reliance Securities & IDBI Direct

Overview Reliance Securities IDBI Direct
Company Type Public Private
Broker Type Full Service Broker Full Service Broker
Headquarters Mumbai, India Mumbai, Maharashtra
Founder Anil Ambani Gurudeo M. Yadwadkar & Rakesh Sethi
Established Year 2005 2006

Reliance Securities vs IDBI Direct Customer Ratings Comparison

Customer Ratings Reliance Securities IDBI Direct
Experience 6.5/10 6.2/10
Products & Services 6.4/10 6.0/10
Brokerage Charges & Fees 6.2/10 6.3/10
Stock Research & Advisory 6.1/10 6.1/10
Trading Platforms 6.1/10 6.0/10
Overall Ratings 6.3/10 6.1/10
Star Ratings ★★★☆☆ ★★★☆☆
Total Client Reviews 523 157

Reliance Securities vs IDBI Direct Demat Account Comparison

Demat Services Reliance Securities IDBI Direct
Depository Source CDSL & NSDL CDSL & NSDL
Account Opening Charges Free Free
Demat AMC Charges Free or Rs.400 per Annum Rs.350 per Annum
Trading AMC Charges Free Free
Margin Money Rs.25,000 Rs.10,000
Offline to Online S R

IDBI Direct vs Reliance Securities Brokerage Charges Comparison

Brokerage Charge & Fees Reliance Securities IDBI Direct
Equity Delivery Trading 0.15% – 0.50% 0.05% – 0.35%
Equity Intraday Trading 0.015% – 0.050% 0.01% – 0.04%
Commodity Options Trading No 0.01% – 0.04%
Equity Futures Trading 0.015% – 0.050% 0.01% – 0.04%
Equity Options Trading Rs.50 – Rs.100 per lot Rs.10 – Rs.60 per lot
Currency Futures Trading 0.015% – 0.050% 0.01% – 0.04%
Currency Options Trading Rs.50 – Rs.100 per lot Rs.10 – Rs.60 per lot
Minimum Brokerage As per Transaction Rs.20 per executed order
Demat AMC Charges Free or Rs.400 per annum Rs.350
Trading AMC Charges Free Free
Margin Money Rs.25,000 Rs.10,000
Brokerage Calculator Reliance Securities Brokerage Calculator Idbi Direct Brokerage Calculator

IDBI Direct & Reliance Securities Other Charges Comparison

Other Charges Reliance Securities IDBI Direct
Transaction Charges 0.00350% of Total Turnover 0.00312% 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 IDBI Direct & Reliance Securities Offers

Offers Reliance Securities IDBI Direct
Free Demat Account R R
Free Trading Account R R
Discount on Brokerage R R
Trading Happy Hours S S
Flexible Brokerage Plans R R
1 Month Brokerage Free S S
Holiday Offers S R
Referral Offers S S
Zero Brokerage for Loss Making Trades S S

Compare Services of Reliance Securities vs IDBI Direct

Services Reliance Securities IDBI Direct
Demat Services R R
Trading Services R R
3 in 1 Account S R
Intraday Services R R
IPO Services R R
Stock Recommendations R R
Robo Advisory S S
PMS R S
Trading Institution S S
Trading Exposure Upto 25x Upto 15X

Compare IDBI Direct & Reliance Securities Research & Advisory

Research & Advisory Reliance Securities IDBI Direct
Fundamental Reports R R
Research Reports R R
Company Reports R S
Annual Reports R S
Company Stock Review R R
Free Stock Tips S R
IPO Reports R R
Top Picks R R
Daily Market Review S R
Monthly Reports R S
Weekly Reports R R
Offline Advisory R R
Relationship Manager R R

Reliance Securities vs IDBI Direct Exposure/Leverage

Exposure / Leverage Reliance Securities IDBI Direct
Equity Delivery Upto 20x Upto 3X
Equity Intraday Upto 25x Upto 15X
Equity Futures Upto 15x Upto 3X
Equity Options Upto 15x Upto 5X
Currency Futures Upto 10x Upto 2X
Currency Options Upto 10x Upto 2X
Commodities No Upto 2X
Margin Calculator Reliance Securities Margin Calculator Idbi Direct Margin Calculator

Reliance Securities vs IDBI Direct Product Comparison

Products Reliance Securities IDBI Direct
Equity Trading R R
Commodity Trading S R
Currency Trading R R
Options R R
Futures R R
Mutual Funds R R
Forex S S
Banking S R
SIP R R
Insurance S S

Reliance Securities vs IDBI Direct Trading Platform Comparison

Trading Platforms Reliance Securities IDBI Direct
Desktop Platform – Windows R R
Desktop Platform – Mac R R
Desktop Browser Platform R R
Mobile Site Platform S 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 S
Easy Installation R R
Global Indices R R
Stock Tips R S
Personalized Advisory R S
Interactive Charts R R
Live Markets R R
SMS Alerts R S
Email Alerts R R
Multi Account Management R S

Reliance Securities vs IDBI Direct Customer Support

Customer Support Reliance Securities IDBI Direct
Dedicated Dealer R R
Offline Trading R R
Online Trading R R
24*7 Support S S
Email Support R R
Chat Support S S
Toll Free Number S S
Branches 80 225

Reliance Securities vs IDBI Direct Customer Complaints

Complaints (Current Year) Reliance Securities IDBI Direct
Lodged in BSE 145 46
Resolved in BSE 121 42
Lodged in NSE 198 65
Resolved in NSE 174 59

Compare Reliance Securities with other Brokers & IDBI Direct with other Brokers

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Paytm Money vs Reliance Securities Idbi Direct vs Astha Trade
Reliance Securities vs Aditya Birla Money Idbi Direct vs Choice Broking
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Reliance Securities vs Arihant Capital Idbi Direct vs Fyers
Reliance Securities vs Asit C Mehta Idbi Direct vs Geojit Finance
Reliance Securities vs Astha Trade Idbi Direct vs Hdfc Securities
Reliance Securities vs Bonanza Portfolio Idbi Direct vs Jainam Share Consultants
Reliance Securities vs Choice Broking Idbi Direct vs Jhaveri Securities
Reliance Securities vs Eureka Securities Idbi Direct vs Jm Financial
Reliance Securities vs Fyers Idbi Direct vs Kifs Trade
Reliance Securities vs Geojit Finance Idbi Direct vs Lkp Securities
Reliance Securities vs Idbi Direct Idbi Direct vs Mastertrust Capital
Reliance Securities vs Jainam Share Consultants Idbi Direct vs Monarch Networth Capital
Reliance Securities vs Jhaveri Securities Idbi Direct vs Nirmal Bang

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