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

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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

OverviewReliance SecuritiesIDBI Direct
Company TypePublicPrivate
Broker TypeFull Service BrokerFull Service Broker
HeadquartersMumbai, IndiaMumbai, Maharashtra
FounderAnil AmbaniGurudeo M. Yadwadkar & Rakesh Sethi
Established Year20052006

Reliance Securities vs IDBI Direct Customer Ratings Comparison

Customer RatingsReliance SecuritiesIDBI Direct
Experience6.5/106.2/10
Products & Services6.4/106.0/10
Brokerage Charges & Fees6.2/106.3/10
Stock Research & Advisory6.1/106.1/10
Trading Platforms6.1/106.0/10
Overall Ratings6.3/106.1/10
Star Ratings★★★☆☆★★★☆☆
Total Client Reviews523157

Reliance Securities vs IDBI Direct Demat Account Comparison

Demat ServicesReliance SecuritiesIDBI Direct
Depository SourceCDSL & NSDLCDSL & NSDL
Account Opening ChargesFreeFree
Demat AMC ChargesFree or Rs.400 per AnnumRs.350 per Annum
Trading AMC ChargesFreeFree
Margin MoneyRs.25,000Rs.10,000
Offline to OnlineSR

IDBI Direct vs Reliance Securities Brokerage Charges Comparison

Brokerage Charge & FeesReliance SecuritiesIDBI Direct
Equity Delivery Trading0.15% – 0.50%0.05% – 0.35%
Equity Intraday Trading0.015% – 0.050%0.01% – 0.04%
Commodity Options TradingNo0.01% – 0.04%
Equity Futures Trading0.015% – 0.050%0.01% – 0.04%
Equity Options TradingRs.50 – Rs.100 per lotRs.10 – Rs.60 per lot
Currency Futures Trading0.015% – 0.050%0.01% – 0.04%
Currency Options TradingRs.50 – Rs.100 per lotRs.10 – Rs.60 per lot
Minimum BrokerageAs per TransactionRs.20 per executed order
Demat AMC ChargesFree or Rs.400 per annumRs.350
Trading AMC ChargesFreeFree
Margin MoneyRs.25,000Rs.10,000
Brokerage CalculatorReliance Securities Brokerage CalculatorIdbi Direct Brokerage Calculator

IDBI Direct & Reliance Securities Other Charges Comparison

Other ChargesReliance SecuritiesIDBI Direct
Transaction Charges0.00350% of Total Turnover0.00312% of Total Turnover
STT0.0126% of Total Turnover0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)Depends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)

Compare IDBI Direct & Reliance Securities Offers

OffersReliance SecuritiesIDBI Direct
Free Demat AccountRR
Free Trading AccountRR
Discount on BrokerageRR
Trading Happy HoursSS
Flexible Brokerage PlansRR
1 Month Brokerage FreeSS
Holiday OffersSR
Referral OffersSS
Zero Brokerage for Loss Making TradesSS

Compare Services of Reliance Securities vs IDBI Direct

ServicesReliance SecuritiesIDBI Direct
Demat ServicesRR
Trading ServicesRR
3 in 1 AccountSR
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsRR
Robo AdvisorySS
PMSRS
Trading InstitutionSS
Trading ExposureUpto 25xUpto 15X

Compare IDBI Direct & Reliance Securities Research & Advisory

Research & AdvisoryReliance SecuritiesIDBI Direct
Fundamental ReportsRR
Research ReportsRR
Company ReportsRS
Annual ReportsRS
Company Stock ReviewRR
Free Stock TipsSR
IPO ReportsRR
Top PicksRR
Daily Market ReviewSR
Monthly ReportsRS
Weekly ReportsRR
Offline AdvisoryRR
Relationship ManagerRR

Reliance Securities vs IDBI Direct Exposure/Leverage

Exposure / LeverageReliance SecuritiesIDBI Direct
Equity DeliveryUpto 20xUpto 3X
Equity IntradayUpto 25xUpto 15X
Equity FuturesUpto 15xUpto 3X
Equity OptionsUpto 15xUpto 5X
Currency FuturesUpto 10xUpto 2X
Currency OptionsUpto 10xUpto 2X
CommoditiesNoUpto 2X
Margin CalculatorReliance Securities Margin CalculatorIdbi Direct Margin Calculator

Reliance Securities vs IDBI Direct Product Comparison

ProductsReliance SecuritiesIDBI Direct
Equity TradingRR
Commodity TradingSR
Currency TradingRR
OptionsRR
FuturesRR
Mutual FundsRR
ForexSS
BankingSR
SIPRR
InsuranceSS

Reliance Securities vs IDBI Direct Trading Platform Comparison

Trading PlatformsReliance SecuritiesIDBI Direct
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRR
Mobile Site PlatformSS
Android App PlatformRR
iOS App PlatformRR
Windows App PlatformSS
Other Mobile OS PlatformSS
Real time UpdatesRR
Portfolio DetailsRR
Online MF BuyRR
News FlashRR
Research ReportsRS
Easy InstallationRR
Global IndicesRR
Stock TipsRS
Personalized AdvisoryRS
Interactive ChartsRR
Live MarketsRR
SMS AlertsRS
Email AlertsRR
Multi Account ManagementRS

Reliance Securities vs IDBI Direct Customer Support

Customer SupportReliance SecuritiesIDBI Direct
Dedicated DealerRR
Offline TradingRR
Online TradingRR
24*7 SupportSS
Email SupportRR
Chat SupportSS
Toll Free NumberSS
Branches80225

Reliance Securities vs IDBI Direct Customer Complaints

Complaints (Current Year)Reliance SecuritiesIDBI Direct
Lodged in BSE14546
Resolved in BSE12142
Lodged in NSE19865
Resolved in NSE17459

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

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Edelweiss vs Reliance SecuritiesBonanza Portfolio vs Idbi Direct
Hdfc Securities vs Reliance SecuritiesEdelweiss vs Idbi Direct
Icici Direct vs Reliance SecuritiesIcici Direct vs Idbi Direct
Iifl vs Reliance SecuritiesIdbi Direct vs Aditya Birla Money
Karvy vs Reliance SecuritiesIdbi Direct vs Alice Blue Online
Kotak Securities vs Reliance SecuritiesIdbi Direct vs Arihant Capital
Motilal Oswal vs Reliance SecuritiesIdbi Direct vs Asit C Mehta
Paytm Money vs Reliance SecuritiesIdbi Direct vs Astha Trade
Reliance Securities vs Aditya Birla MoneyIdbi Direct vs Choice Broking
Reliance Securities vs Alice Blue OnlineIdbi Direct vs Eureka Securities
Reliance Securities vs Arihant CapitalIdbi Direct vs Fyers
Reliance Securities vs Asit C MehtaIdbi Direct vs Geojit Finance
Reliance Securities vs Astha TradeIdbi Direct vs Hdfc Securities
Reliance Securities vs Bonanza PortfolioIdbi Direct vs Jainam Share Consultants
Reliance Securities vs Choice BrokingIdbi Direct vs Jhaveri Securities
Reliance Securities vs Eureka SecuritiesIdbi Direct vs Jm Financial
Reliance Securities vs FyersIdbi Direct vs Kifs Trade
Reliance Securities vs Geojit FinanceIdbi Direct vs Lkp Securities
Reliance Securities vs Idbi DirectIdbi Direct vs Mastertrust Capital
Reliance Securities vs Jainam Share ConsultantsIdbi Direct vs Monarch Networth Capital
Reliance Securities vs Jhaveri SecuritiesIdbi Direct vs Nirmal Bang

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