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5Paisa Vs Reliance Securities – Comparison

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5Paisa Vs Reliance Securities

These are two broking companies who provide all the trading facilities and features to the traders. A clear comparison of 5Paisa vs Reliance Securities can make you known about the corners of these organizations.

5Paisa is a well-known name in the discount broking industry offering ‘Lowest Brokerage Expense of India’ (flat 20 Rupees brokerage fees). 

Also, they offer almost all investment products to their investors including all varieties of insurance products.

Conversely, full-service broker Reliance Securities is a Mumbai based stockbroker. Known best for the finest quality research service to customers. 

Also, it was awarded by Dun & Bradstreet as the Largest E-Broking house of 2010. 

5Paisa Vs Reliance Securities

Features: 

5Paisa:

  1. It offers free of cost mutual fund advice & brokerage. 
  2. Flat brokerage fee of  @INR. 20/-. 
  3. Online term insurance is offered as other investment options.
  4. Paperless account opening enabled only with Aadhaar. 
  5. It offers one of the best-equipped media for trading. 
  6. Robot enabled platform for investment advising and trading. 

Reliance Securities: 

  1. Best for qualitative research service.
  2. ISO certification is available.
  3. Customer support is average. 
  4. Commodity trading is available. 
  5. User-friendly trading options. 

Comparison – Overall Services: 

In this below table we have compared 5Paisa & Reliance Securities based on the overall review they have received from investors in various online websites. Here we can see full-service broker Reliance securities got lesser star compared to 5Paisa in brokerage charge & customer service segment.

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 Particulars5paisaReliance Securities
Overall Rating✪✪✪✪✪✪✪
Brokerage Charges✪✪✪✪✪✪✪
Trading Platform✪✪✪✪✪✪✪✪
Investments Offering✪✪✪✪✪✪✪✪
Customer Service✪✪✪✪✪✪✪
Broker Type Discount BrokerFull-Service Broker
Exchanges Supported BSE, NSEBSE, NSE

5Paisa Vs Reliance Securities AMC & AOF: 

Contrasting 5Paisa & Reliance Securities based on Account opening & account maintenance we get the below comparison. Here we can see both the broker is providing free of cost DEMAT account opening & trading account AMC for free. 

Particulars5paisaReliance Securities
Trading Account Opening Fees650 Rupees (Free Now Promotion Offer)950 Rupees
Trading AMCFree of costFree of cost
Demat Account Opening FeesFree of costFree of cost
Demat AMC45 Rupees PM if Trade, else Zero300 Rupees PA
Provide DP Service🗹🗹

Comparison – Brokerage Plan: 

In terms of brokerage plan, we have here compared 5Paisa & Reliance Securities as below. Only Reliance Securities offer multiple type plans to their customer. 5Paisa don’t have any brokerage plan for their customers.

Particulars5paisa BrokerageReliance Securities Brokerage
Multiple Plans🗷🗹
Monthly Plans🗷🗷
Yearly Plans🗷🗷

Compare – Brokerage Fee: 

5Paisa & Reliance Securities are hereby compared based on their brokerage fee structure. 

Particulars5paisaReliance Securities
Plan NameFlat Fee Rs 20 Trading PlanR-FIXED Online Trading Plan (Percentage Based)
Equity DeliveryFlat Fee Rs 200.4% or 40 paisa
Equity IntradayFlat Fee Rs 200.04% or 4 paisa
Equity FuturesFlat Fee Rs 200.04% or 4 paisa
Equity OptionsFlat Fee Rs 20Rs 100 Per Lot
Currency FuturesFlat Fee Rs 200.04% or 4 paisa
Currency OptionsFlat Fee Rs 20Rs 100 Per Lot
Commodity TradingFlat Fee Rs 200.04% or 4 paisa
Minimum BrokerageNA5 paise per share
Hidden ChargesNoNo
FundingYes – 18% interest PAYes – 18% interest PA
Call & Trade ChargesRs 100 per call(No limit of orders)Free First 20 call PM and Rs 20 their onwards.

Comparison – Transactional Charge: 

Both 5Paisa & Reliance Securities share a similar product-wise transactional charge structure. Details mentioned below: 

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Particulars5paisaReliance Securities
Equity DeliveryRs 325 Per CrRs 325 Per Cr
Equity IntradayRs 325 Per CrRs 325 Per Cr
Equity FuturesRs 190 Per CrRs 190 Per Cr
Equity OptionsRs 5000 Per CrRs 5000 Per Cr
Currency FuturesRs 110 Per CrRs 110 Per Cr
Currency OptionsRs 4000 Per CrRs 4000 Per Cr
CommodityNANon-Agri: Rs 260 Per Cr |
Agri: Rs 175 Per Cr

Comparison – Account Feature: 

Comparing 5Paisa & Reliance Securities based on account feature we get the below-mentioned details: 

Particulars5paisaReliance Securities
3 in 1 Account🗷🗷
Charting🗹🗹
Algo Trading🗹🗷
SMS Alerts🗹🗹
Online Demo🗹🗹
Online Portfolio🗷🗹
Margin Trading Funding Available🗹🗹
Combined Ledger for Equity and Commodity🗹🗹
Intraday Square-off Time3:15 PM3:15 PM
NRI Trading🗷🗹
Other FeaturesNILMobile Application:
Rmobile Xpress

5Paisa Vs Reliance Securities Trading Medium: 

The trading medium is nowadays a very important point for investors to consider. In this age of technology, investors used to invest online at a convenient time. 5Paisa & Reliance Securities both facilitate different trading terminals to attract the customer. Here we have compared the above both brokers

Particulars5paisaReliance Securities
Desktop Trading Platform5paisa TradeStationInstaXpress
Desktop Platform (Windows)🗹🗹
Desktop Platform (Mac)🗷🗷
Web Trading Platform🗹🗹
Web Trading Detailhttps://www.5paisa.com/online-tradinghttp://tick.rsec.co.in/
Mobile Site🗹🗹
Mobile Trading🗹🗹
Mobile Trading App5paisa Mobile AppTICK PRO
Android Mobile App🗹🗹
iPhone Mobile App (IOS)🗹🗹
Android Tablet App🗹🗹
iPad App (IOS)🗹🗹
Trading Software ChargesFreeFree

Comparison – Products: 

In light of products offering, we get this below information comparing 5Paisa & Reliance Securities: 

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Particulars5paisaReliance Securities
Equity Cash and F&O🗹🗹
Currency Derivatives🗹🗹
Commodity🗹🗹
Online IPO Application🗷🗷
Mutual Funds🗹🗹
Bond / NCD🗹🗹
ETF🗹🗹
Banking🗷🗷
Insurance🗹🗹
Forex🗷🗷
MF SIP Investment🗹🗹
Equity SIP Investment🗷🗹
PMS Service🗷🗹
Other Investment OptionsNILNIL

Comparison – Leverage/Margin: 

Considering 5Paisa & Reliance Securities based on leverages we received the below-mentioned information: 

Particulars5paisa MarginReliance Securities Margin
Equity Delivery Margin Maximum 3.5x via Margin Funding system.Maximum 4x via Margin Funding method.
Equity Intraday Margin Maximum 10x or 10% subject to Var and ELM.Maximum 10x or 10% subject to Var and ELM.
Futures Margin 1x or the particular SPAN + Margin.1x or the particular SPAN + Margin.
Options Margin 1x or the particular SPAN + Margin in Selling a share and Premium Margin in Buying a share.1x or the particular SPAN + Margin in Selling a share and Premium Margin in Buying a share.
Equity CO Margin Maximum 10x or 10% subject to Var and ELM, no further margin charges are included for Cover Order.Maximum 10x or 10% subject to Var and ELM, no further margin charges are included for Cover Order.
Futures CO Margin 1x or the particular SPAN + Exposure margin, no further margin charges are included for Futures Cover Order.1x or the particular SPAN + Exposure margin, no further margin charges are included for Futures Cover Order.
Options CO Margin 1x or the particular SPAN + Exposure margin(Selling a share) or Premium Margin(Buying a share), no further margin charges are included for Options Cover Order.1x or the particular SPAN + Exposure margin(Selling a share) or Premium Margin(Buying a share), no further margin charges are included for Options Cover Order.
Commodity Margin 1x or the particular SPAN + Margin in Selling a share and Premium Margin in Buying a share.1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share.

Comparison – Customer Support:

Comparing 5 Paisa & Reliance Securities based on customer support we derived this below information. Here we can see from the below chart that, live chatting facility is not present in 5Paisa. Also being a discount broker they don’t offer support through branches.

Particulars5paisaReliance Securities
24/7 Customer Service 🗷🗷
Email Support 🗹🗹
Online Live Chat 🗷🗹
Phone Support 🗹🗹
Toll-Free Number 🗷🗹
Through Branches 🗷🗹
Customer Care Number “+91 89766 89766”022 39886000
Account Opening Process Online/PaperlessOnline/Paperless
Customer Support Email [email protected][email protected]
Knowledge Center/Education 5paisa.com/knowledge-centre
Head Office Address 5paisa headquarters
Sun Infotech Park, Road No.16V, Plot No.B-23 Thane, Industrial Area, Wagle Estate,
Thane – 400604
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website https://www.5paisa.com/https://www.reliancesmartmoney.com
open Reliance Securities demat account

Comparison – DEMAT account feature:

Assessing 5Paisa and Reliance Securities based on DEMAT account feature we get this below information: 

 Particulars5paisaReliance Securities
DP SourceFor 5Paisa: CDSLFor Reliance Securities: CDSL
DP ID For 5Paisa: 82500For Reliance Securities: 41400
Demat Account Annual Maintenance Charges(AMC)Monthly Plan – INR.45 (In case of any transaction in a month)INR.300 pa
Advance DepositNILNil
Statutory chargesNilNil
Transaction Charges on Debit (Per ISIN)0.025% or INR.25 whichever is higher + CDSL charges0.04% (Min INR.27) + CDSL charges
DematINR.15 per certificateINR.5 per certificate + INR.30 request charges
RematINR.15 for every hundred securities or INR.15 per certificate whichever is higherINR.40 for every hundred securities or INR.25 per certificate (whichever is higher) + INR.25 courier charges
Pledge CreationINR.500.05% of the transaction value (Min INR.30)
Pledge Creation ConfirmationNIL0.05% of the transaction value (Min INR.30)
Pledge ClosureNIL0.05% of the transaction value (Min INR.30)
Pledge Closure ConfirmationNIL0.05% of the transaction value (Min INR.30)
Pledge InvocationNIL0.05% of the transaction value (Min INR.30)
Failed Instruction ChargesNilNil
Other ChargesNilNil
5paisa demat account

Foot-Note: 

5Paisa and Reliance Securities both are renowned in their respective market segments for offering various facilities to investors. In this comparison, we have seen both the brokers are quite similar to each other in terms of brokerage fee offering, product offering, customer assistance & trading facilities. 

But an investor should go through every major and minor information about the brokers before choosing and deciding to invest.

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