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.
Features:
5Paisa:
- It offers free of cost mutual fund advice & brokerage.
- Flat brokerage fee of @INR. 20/-.
- Online term insurance is offered as other investment options.
- Paperless account opening enabled only with Aadhaar.
- It offers one of the best-equipped media for trading.
- Robot enabled platform for investment advising and trading.
Reliance Securities:
- Best for qualitative research service.
- ISO certification is available.
- Customer support is average.
- Commodity trading is available.
- 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.
| Particulars | 5paisa | Reliance Securities |
| Overall Rating | ✪✪✪✪ | ✪✪✪ |
| Brokerage Charges | ✪✪✪✪ | ✪✪✪ |
| Trading Platform | ✪✪✪✪ | ✪✪✪✪ |
| Investments Offering | ✪✪✪✪ | ✪✪✪✪ |
| Customer Service | ✪✪✪✪ | ✪✪✪ |
| Broker Type | Discount Broker | Full-Service Broker |
| Exchanges Supported | BSE, NSE | BSE, 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.
| Particulars | 5paisa | Reliance Securities |
| Trading Account Opening Fees | 650 Rupees (Free Now Promotion Offer) | 950 Rupees |
| Trading AMC | Free of cost | Free of cost |
| Demat Account Opening Fees | Free of cost | Free of cost |
| Demat AMC | 45 Rupees PM if Trade, else Zero | 300 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.
| Particulars | 5paisa Brokerage | Reliance Securities Brokerage |
| Multiple Plans | 🗷 | 🗹 |
| Monthly Plans | 🗷 | 🗷 |
| Yearly Plans | 🗷 | 🗷 |
Compare – Brokerage Fee:
5Paisa & Reliance Securities are hereby compared based on their brokerage fee structure.
| Particulars | 5paisa | Reliance Securities |
| Plan Name | Flat Fee Rs 20 Trading Plan | R-FIXED Online Trading Plan (Percentage Based) |
| Equity Delivery | Flat Fee Rs 20 | 0.4% or 40 paisa |
| Equity Intraday | Flat Fee Rs 20 | 0.04% or 4 paisa |
| Equity Futures | Flat Fee Rs 20 | 0.04% or 4 paisa |
| Equity Options | Flat Fee Rs 20 | Rs 100 Per Lot |
| Currency Futures | Flat Fee Rs 20 | 0.04% or 4 paisa |
| Currency Options | Flat Fee Rs 20 | Rs 100 Per Lot |
| Commodity Trading | Flat Fee Rs 20 | 0.04% or 4 paisa |
| Minimum Brokerage | NA | 5 paise per share |
| Hidden Charges | No | No |
| Funding | Yes – 18% interest PA | Yes – 18% interest PA |
| Call & Trade Charges | Rs 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:
| Particulars | 5paisa | Reliance Securities |
| Equity Delivery | Rs 325 Per Cr | Rs 325 Per Cr |
| Equity Intraday | Rs 325 Per Cr | Rs 325 Per Cr |
| Equity Futures | Rs 190 Per Cr | Rs 190 Per Cr |
| Equity Options | Rs 5000 Per Cr | Rs 5000 Per Cr |
| Currency Futures | Rs 110 Per Cr | Rs 110 Per Cr |
| Currency Options | Rs 4000 Per Cr | Rs 4000 Per Cr |
| Commodity | NA | Non-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:
| Particulars | 5paisa | Reliance 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 Time | 3:15 PM | 3:15 PM |
| NRI Trading | 🗷 | 🗹 |
| Other Features | NIL | Mobile 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
| Particulars | 5paisa | Reliance Securities |
| Desktop Trading Platform | 5paisa TradeStation | InstaXpress |
| Desktop Platform (Windows) | 🗹 | 🗹 |
| Desktop Platform (Mac) | 🗷 | 🗷 |
| Web Trading Platform | 🗹 | 🗹 |
| Web Trading Detail | https://www.5paisa.com/online-trading | http://tick.rsec.co.in/ |
| Mobile Site | 🗹 | 🗹 |
| Mobile Trading | 🗹 | 🗹 |
| Mobile Trading App | 5paisa Mobile App | TICK PRO |
| Android Mobile App | 🗹 | 🗹 |
| iPhone Mobile App (IOS) | 🗹 | 🗹 |
| Android Tablet App | 🗹 | 🗹 |
| iPad App (IOS) | 🗹 | 🗹 |
| Trading Software Charges | Free | Free |
Comparison – Products:
In light of products offering, we get this below information comparing 5Paisa & Reliance Securities:
| Particulars | 5paisa | Reliance 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 Options | NIL | NIL |
Comparison – Leverage/Margin:
Considering 5Paisa & Reliance Securities based on leverages we received the below-mentioned information:
| Particulars | 5paisa Margin | Reliance 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.
| Particulars | 5paisa | Reliance 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/Paperless | Online/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 |
Comparison – DEMAT account feature:
Assessing 5Paisa and Reliance Securities based on DEMAT account feature we get this below information:
| Particulars | 5paisa | Reliance Securities |
| DP Source | For 5Paisa: CDSL | For Reliance Securities: CDSL |
| DP ID | For 5Paisa: 82500 | For 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 Deposit | NIL | Nil |
| Statutory charges | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.025% or INR.25 whichever is higher + CDSL charges | 0.04% (Min INR.27) + CDSL charges |
| Demat | INR.15 per certificate | INR.5 per certificate + INR.30 request charges |
| Remat | INR.15 for every hundred securities or INR.15 per certificate whichever is higher | INR.40 for every hundred securities or INR.25 per certificate (whichever is higher) + INR.25 courier charges |
| Pledge Creation | INR.50 | 0.05% of the transaction value (Min INR.30) |
| Pledge Creation Confirmation | NIL | 0.05% of the transaction value (Min INR.30) |
| Pledge Closure | NIL | 0.05% of the transaction value (Min INR.30) |
| Pledge Closure Confirmation | NIL | 0.05% of the transaction value (Min INR.30) |
| Pledge Invocation | NIL | 0.05% of the transaction value (Min INR.30) |
| Failed Instruction Charges | Nil | Nil |
| Other Charges | Nil | Nil |
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.
