Reliance Trading / Online Trading – Review, Process, Benefits, Charges & more
Last Updated Date: Mar 21, 2023We will mainly discuss Reliance Trading facilities in this article and the various charges associated with the different investment options that the firm offers for trading with its customers.
Reliance Securities is the broking hand of the Reliance Capital Limited Company, a part of Business Giant Reliance Anil Dhirubhai Ambani Group.
The firm renders Reliance Securities Online Trading on a different platform which we will discuss in the article below, and the various benefits and features that it offers to the investors who trade using its services.
The article will also help you understand the process of online trading and how you can set up trading platforms for use. Finally, we will talk about the trading terminologies that the firm has to offer to investors and traders.
Reliance Trading and Benefits
Trade with Reliance Securities among the Top Trading Accounts in India and bring the world of opportunities into your hands.
The reasons for Reliance Securities being a preferred choice over other stock brokers are endless. It is reliable, fast, efficient, compatible, offers a variety of features and much more.
We will discuss a few benefits of Reliance Online Trading below:
- The primary benefit of trading using the Reliance Trading facilities is that you get one of the highest leverage limits in the market. It offers up to thirty times of exposure to different segments, which is a rare thing in the market. It helps intraday traders trade in bulk and other investors take more positions in the market.
- Every investor can use the Call & Trade option if they are not able to access the trading platforms at a given moment and this facility is offered at a very nominal charge.
- The firm has all kinds of investment products starting from basic equities to high-end mutual funds and also IPO and forex products for trading.
- Reliance Securities has a presence across all the major cities in the country and also in different towns, and one can access the offline trading facilities and the online ones.
- The firm offers multiple trading platforms that are highly advanced and loaded with trading tools and terminologies.
- To know about other features of this full-service broker, go to the Reliance Review section.
Open Trading Account with Reliance Securities – Fill up the Form Now!
Reliance Trading Charges
Reliance Securities Charges | |
SEBI Turnover Charges | 0.00005% (Rs.5/Crore) |
STT |
Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side *Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on sell-side (Non-Agri) Commodity Options: 0.05% on sell-side Currency F&O: No STT On Exercise transaction: 0.125% Right to entitlement: 0.05% on sell-side |
Stamp Duty | (On buy-side only) Delivery: 0.015%, Intraday: 0.002%, Equity Futures: 0.002%, Equity Options: 0.002%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.002% (MCX) |
GST |
18% on (Brokerage + Transaction Charge + SEBI Fee)
|
Margin Funding Charges | NA |
Reactivation Charges | Rs 40 per instruction |
Account Closure Charges | NIL |
Dematerialisation Charges |
For each request form, Rs 20 & Extra for each certificate, Rs 5
|
Pledge Creation |
0.05% of transaction value or min Rs 20
|
Pledge Invocation |
0.05% of transaction value or min Rs 20
|
Margin Pledge/Unpledge/ Pledge closure |
0.05% of transaction value or min Rs 20
|
Margin Repledge | Rs 25 per ISIN |
Other Charges
The Reliance Securities Trading Charges levied along the course of trading include the following. Make sure you check them before opting for the segments:
- Brokerage Charges levied by Reliance Securities are not fixed but vary. You can reduce them to the minimum by choosing the brokerage scheme that suits your pocket and keeping a higher margin level.
- Then comes the Transaction charges which are calculated on the total turnover and it is 0.00350% of the same.
- STT charge is a charge levied by the government on the total turnover and the rate at present for the same is 0.0126%.
- SEBI Charges for turnover are levied at the rate of 0.00005%.
- Stamp Charges are pretty nominal and depend on the state in which you trade from.
- GST is levied on the transaction and brokerage charges clubbed together at an 18% rate.
To know more in detail, also check Reliance Brokerage Charges.
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Reliance Delivery Trading
Reliance Securities Delivery Charges | |
Equity Delivery | 0.30% |
The Reliance Securities Delivery Trading charges are within the range of 0.30%. If you analyze the range, it accommodates all kinds of investors with different investment budgets.
Reliance Intraday Trading
Reliance Securities Intraday Charges | |
Equity Intraday | 0.03% |
For intraday trading, the brokerage needs to be very reasonable as multiple transactions take place each day and most of the active traders trade in bulk.
The Reliance Securities Intraday Trading charges start from 0.03%, which is low compared to other brokers in the market, and it can go up to 0.03%, which is the average range in the market.
Reliance Option Trading
Reliance Securities Option Charges | |
Equity Options | Rs.100 per lot |
For Reliance Securities Option Trading, you have to pay between Rs.100, which is pretty much fair for equity options. The lowest brokerage can be achieved with a higher level of margin money and trading amounts.
Reliance Futures Trading
Reliance Securities Futures Charges | |
Equity Futures | 0.03% |
The Reliance Securities Futures Trading facilities can be availed at a brokerage charge of 0.03%, at par with the market average.
Reliance Currency Trading
Reliance Securities Currency Charges | |
Currency Option | Rs.100 per lot |
Currency Futures | 0.04% |
Now, Reliance Securities Currency Trading charges are between Rs.100 for the options segment, and for the currency futures, it is again between 0.04%. Both charges are pretty fair though the currency option charges can be a little lower.
Reliance Commodity Trading
Reliance Securities Commodity Charges | |
Commodity Trading | NA |
The Reliance Securities Commodity Trading service is not yet available. However, the customers can choose to avail themselves of any other segments they want and enjoy the quality services.
Reliance Securities Online Trading Process
The Reliance Online Trading process has been illustrated below in brief:
Account Opening
- For opening an account with Reliance Securities, you need to click on the “Open Demat Account” button. A popup form has opened on your screen. This is the Demat application form for Reliance Securities.
- Ensure all the details are correct when you input them and then submit the form.
- You need to upload now the documents required for KYC, and the documents required generally include the PAN, AADHAAR Card, and a cancelled cheque and photograph.
- After you upload the documents, the Reliance Securities executive will call you and guide you about the remaining procedure for opening an account; you need to comply with them.
- Once your application is approved and verification is done, they will create your account, and you will receive the login details in your email id.
Login and setup
- After you get the login credential, you can open the Reliance Securities website.
- You will find all the services and trading platforms they offer on the website.
- Open the trading terminal or mobile application. Log in using the same password and login-id and create the market watchlist by adding the stock scrips you want to trade.
Online Trading
- For trading or investment, you need to analyze the market, and the stocks you want to invest in.
- You can view details of the stocks like market depth and others by clicking on the script of the stock in the market watch list.
- After you have decided and analyzed the stock, mention the price at which you want to trade and the unit of shares you want to trade into the BUY or SELL dialogue box. Click on place order.
Reliance Online Trading Platforms
The Reliance Securities Online Trading Platforms include some of the advanced technologies and terminologies that will be discussed below:
- Reliance Securities Tick is one of the most advanced trading platforms based on Automated Robo trading insights and Big Data Analytics. It is an advisory platform that provides automated advice to clients on their investments, taking into account their preferences, risk tolerance level, and other details.
- Reliance Securities Tick PC is the trading terminal that offers active trading loaded with multiple technical indicators and charting options. It has ample historical data for fundamental research as well. The platform has a span margin calculator used to understand the margin requirement for trading.
- Reliance Tick Pro is a Reliance Securities App for the mobile trading platform which offers a market snapshot, charting facilities with technical indicators, and a calculator for options strategies and others.
- Reliance Commodities is a platform that is designed specifically for trading commodities. The platform has a customizable market watchlist, different types of orders, and other features.
- Reliance Securities Insta-Plus is a browser-based trading platform that offers various research resources, and there are multiple technical analysis tools and resources.
- Reliance Securities RMobile Xpress is another mobile trading application that is a basic mobile application for trading. It allows viewing intraday charts, trading across multiple exchanges like BSE and NSE and others, and checking other details of your orders and account details.
Reliance Trading – Conclusion
With Reliance Online Trading facilities and the different trading platforms, your trading experience will improve.
The different investment options that Reliance Trading provides help you diversify your investment, which helps reduce risk and increases your profit margin.
Reliance Securities Trading FAQs
Here is the list of FAQs related to Reliance Securities trading:
Do Reliance Securities provide Online Trading?
Yes, Reliance Securities provides Online Trading on multiple platforms. This includes Reliance Securities Tick, Reliance Securities Tick PC, Reliance Tick Pro, Reliance Commodities, Reliance Securities Insta-Plus, and Reliance Securities RMobile Express.
These platforms include both browser-based and mobile application-based software.
What are the Charges in Reliance Securities?
Transaction charges are 0.00350% of the total turnover. The government levies STT charges on the total turnover at 0.0126%. SEBI Charges are 0.00005% of the total turnover. Stamp Charges depend on the state in which you trade from. GST is 18% of the brokerage plus transaction charges.
Do Reliance Securities provide Delivery Trading?
Yes, Reliance Securities does provide Delivery Trading. The brokerage house provides benefits and features that it offers to the investors who trade using its services. The stocks you buy through delivery trading will be added to your Demat account.
Is delivery trading Free at Reliance Securities?
No, delivery trading at Reliance Securities is not free. The Reliance Securities Delivery Trading charges are within the range of 0.30%. This is an affordable and reasonable price range manageable for a wide spectrum of investors.
Do Reliance Securities provide Option Trading?
Yes, Reliance Securities provides safe and reliable options trading. The primary benefit of trading using the Reliance Trading facilities is that you get one of the highest leverage limits in the market. It offers up to thirty times of exposure to different segments.
What are Options Trading Charges at Reliance Securities?
For Reliance Securities Option Trading, clients have to pay between Rs.50 and Rs.100, which is a fairly fair amount for equity options. The lowest brokerage can be achieved with a higher margin of money and trading amounts.
Do Reliance Securities provide Futures Trading?
Yes, Reliance Securities does provide Futures Trading. The multiple trading platforms offered by the firm where futures trading is available are highly advanced and loaded with trading tools and terminologies.
What is Futures brokerage at Reliance Securities?
The Reliance Securities Futures Trading facilities can be availed at a brokerage charge of 0.03%, at par with the market average. These affordable charges and the multitude of features on its online trading platforms make Reliance Securities a good option for traders.
Is Reliance Securities safe for trading?
Reliance Securities is the broking hand of the Reliance Capital Limited Company, a part of Business Giant Reliance Anil Dhirubhai Ambani Group. These heavyweight names and a reliable record give Reliance Securities a good name and reputation. Clients can trust that the company is completely safe for trading.
Do Reliance Securities provide Trading Tips?
Yes, Reliance Securities provides trading tips to traders and investors. The company offers timely research reports and insights to its clients. The research provided by them is thorough.
How can I trade in Reliance Money?
Reliance Money renders finance and loan services to Retail customers and Small & Medium Enterprises (SMEs). The vision of this Reliance subdivision is to help entrepreneurs realize their goals. Products offered by the entity include SME loans/Expansion Loans, Personal Loans, Infrastructure Loans, Microfinance, Two Wheeler Loans, and Used Cars Loans.
How can I trade options in Reliance Securities?
From the website of Reliancesmartmoney, you can place an order to buy options with Reliance securities.
- Go to the website, https://www.reliancesmartmoney.com/.
- Log in to your account.
- Click on the “More Products” tab.
- From the “Derivatives” option, choose the Future & Options you want to trade in.
- Place your order after specifying details and confirming your order.
How can I buy Reliance shares online?
You can buy shares from Reliance Securities from the trading platform or the website.
- Log in to your account on the website or the mobile application.
- Go to stock or search for the stock you want to buy from the search tab.
- Click on buy and place the order.
- Enter the quantity, price, and order type.
- Confirm the order.
What happened to Reliance Securities?
Reliance Securities is an integral part of Reliance Capital. It was founded in the year 2005. Reliance Securities is a retail broking company listed on BSE and NSE. It provides customers access to various marketable securities like equity, mutual funds, derivatives, bonds, Corporate FDs, and IPOs.
Are Reliance Capital and Reliance Securities the same?
Reliance Capital is an Indian Company engaged in providing diversified financial services, including Mutual Funds, Asset Management, Commercial and general finance, stockbroking, etc. Reliance Securities is a subsidiary of Reliance Capital, and it offers investment and trading facilities to investors. Lav Chaturvedi is the CEO of the company.
Who is the owner of Reliance Securities?
Reliance Securities is a subdivision of Reliance Capital, part of Reliance ADA Group. The company is listed on both mainboard exchanges.
How can I close my reliance Demat account online?
You can open a Demat account with Reliance Securities from their website. On their website, click on the “Open an Account” tab. It will direct you to a new page. Enter your Email, Mobile number, PAN, and Date of Birth here. And your account opening process will start.
How do I generate TPIN in Reliancesmartmoney?
TPIN is an authorization code that CDSL generates. It is used to validate a transaction. To reset your TPIN, dial the helpdesk number 022 25816000 or 022 62436000 from your registered mobile number.
How can I add my bank account in reliance securities?
- You can use your bank account from the “Funds Page.”
- In the “Funds” page, click on “Add New” given as a subhead in the “Bank account” option.
- Add detail of your bank account and submit it.
What is Bo ID in Reliance Securities?
BOID, in its extended form, is called Beneficial Owner Identification Number. It is a unique 16-digit figure given to access Demat accounts to customers.
How can I log in to Reliance Securities?
You can log in from the website of Reliance securities or on the Mobile application designed for trading purposes. Open the website or mobile app and Go to the “Log in” tab. Enter your account ID and password. Press the “Submit” button. Now, you can access the features of the platform.
What is Reliance Money?
Reliance money avails commercial and consumer loans to its customers. It is a financial service company where Small and Medium Enterprises (SMEs) and retail customers can get solutions for their financial requirements.
Why are RIL shares falling?
Reliance Industries (RIL) is one of the largest groups in India. Its operations are diversified in numerous sectors in one way or another. It caters for day-to-day requirements to large machinery requirements.
Is it good to buy RIL shares?
RIL is a long-term standing company that has extended its arms on possibly every substantial horizon. It is a multinational conglomerate entity and is playing a crucial role in the overall growth of the economy.
How do I sell my shares with RIL?
If your RIL shares are in Dematerialized form, you can easily sell them in the secondary market with the help of your stockbroker. If you possess the shares in physical form, first you will have to convert them into Dematerialized with the help of a Depository Participant, and then you can sell and trade with them.
Open Demat Account with Reliance Securities – Fill up the Form Now!