FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
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Finvasia Vs Kotak Securities Vs Reliance Securities: Which one is better?

The brokerage of Finvasia ranges between Rs 0, the brokerage of Kotak Securities ranges between Rs. 20 per order, while the brokerage of Reliance Securities ranges between 0.05 - 0.50%. The broker Kotak Securities and Reliance Securities are a full service brokers where Finvasia is a discount broker. Overall rating for Finvasia is 4, Kotak Securities is rated 4, Reliance Securities is rated 3.5 out of 5.

Here we present side-by-side comparison of Finvasia vs Kotak Securities vs Reliance Securities stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Finvasia vs Kotak Securities vs Reliance Securities on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Finvasia vs Kotak Securities vs Reliance Securities in this setion with 360 degree view of broker information.

Compare Finvasia vs Kotak Securities vs Reliance Securities on Service

  Finvasia Compare
Finvasia
Kotak Securities Compare
Kotak Securities
Reliance Securities Compare
Reliance Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Full Service Broker Full Service Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX NSE, BSE
Broker Overview Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S... Know more about Finvasia Kotak Securities is one of the leading stock brokers in India. From a comprehensive suite of trading and investing products to free intraday trading, multiple brokerage plans, a new-gen Neo web and app platform, cutting-edge trading tools, and expert...Know more about Kotak Securities Open a Free Reliance Securities Demat Account today, and start online trading across segments on the advanced Robo insights technology powered Tick web, mobile app, and a desktop trading platform. Get the best stocks & mutual fund research & ... Know more about Reliance Securities
Broker Enquiry Request call back from Zerodha Request call back from Kotak Securities Request call back from Zerodha
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Account Opening Charges and AMC

Compare Finvasia vs Kotak Securities vs Reliance Securities on Trading & Demat Account Opening Charges

In this section we have compared Finvasia vs Kotak Securities vs Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - Finvasia and Kotak Securities offer Free account opening where Reliance Securities charges Rs 950 for account opeing. Demat AMC charges - Finvasia charges Free as AMC for Demat account, Kotak Securities charges Rs 600 PA AMC for Demat account, where Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Finvasia vs Kotak Securities vs Reliance Securities
Charges Finvasia Kotak Securities Reliance Securities
Trading Account Opening Fees Free Free Rs 950
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Free Rs 600 PA Rs 400 PA| Rs. 2,500 (Lifetime Free AMC)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Finvasia vs Kotak Securities vs Reliance Securities on Plan Options

Plans are the most important feature you look when compare Finvasia vs Kotak Securities vs Reliance Securities. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Kotak Securities and Reliance Securities offers Multiple Plans where Finvasia doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Finvasia vs Kotak Securities vs Reliance Securities on Plan Options
Plan Types Finvasia Kotak Securities Reliance Securities
Multiple Plans No Yes Yes
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Kotak Securities Zerodha
Account Opening Request
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Brokerage Charges

Compare Finvasia vs Kotak Securities vs Reliance Securitieson Brokerage Charges

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

Reliance Securities Brokerage Plan detail - R-Fixed brokerage plan charges a fixed percentage of brokerage fee on trading across segments and also provides dedicated relationship manager services to help you take informed decisions based on fundamental and technical research reports.

Brokerage Charges - Compare Finvasia vs Kotak Securities vs Reliance Securities
Brokerage Charges Compare Finvasia Kotak Securities Reliance Securities
Plan Name Zero Brokerage Trading Plan Kotak Securities Trade Free Plan R-FIXED Online Brokerage Plan (Percentage Based)
Equity Delivery Rs 0 0.25% 0.50%
Equity Intraday Rs 0 Free 0.05%
Equity Futures Rs 0 Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.05%
Equity Options Rs 0 Delivery: Flat fee Rs. 20 per order| Intraday: Free Rs 100 Per Lot
Currency Futures Rs 0 Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.05%
Currency Options Rs 0 Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 100 Per Lot
Commodity Trading Rs 0 Delivery: Flat fee Rs. 20 per order| Intraday: Fre Future: 0.05%| Options: Rs 100 per lot
Minimum Brokerage NA Rs 21 per executed order 5 paise per share
Hidden Charges No No
Call & Trade Charges Free 20 calls free and after that Rs 20 per call Rs 20 per call (Free First 20 call per month)
Auto Square off Charges Free 20 calls free and after that Rs 20 per call Free First 20 call PM and Rs 20 their onwards.
Brokerage Calculator Brokerage Calculator for Finvasia Brokerage Calculator for Kotak Securities Brokerage Calculator for Reliance Securities
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Share Broker's Transaction Charges

Compare Finvasia vs Kotak Securities vs Reliance Securities on Transaction Charges

Compare Finvasia vs Kotak Securities vs Reliance Securities on transaction charges and PCM fee by segment.

Transaction Charges - Compare Finvasia vs Kotak Securities vs Reliance Securities
Transaction Charges Compare Finvasia Kotak Securities Reliance Securities
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for finvasia Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for reliance-securities
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Account Features

Compare Finvasia vs Kotak Securities vs Reliance Securities on Account Features

Compare Finvasia vs Kotak Securities vs Reliance Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak Securities offers 3-in-1 Account where Finvasia and Reliance Securities offers only 2-in-1 account which includes trading and demat account. Margin Funding - Kotak Securities and Reliance Securities offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

Account Features - Finvasia vs Kotak Securities vs Reliance Securities
Account Features Compare Finvasia Kotak Securities Reliance Securities
3 in 1 Account No Finvasia have 2-in-1 account. Only Demate and Trading account. Yes, Finvasia have 3-in-1 accounts. Bank Account, Demat and Trading account. No Reliance Securities have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes No No
SMS Alerts No Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available No Yes Yes
Combined Ledger for Equity and Commodity Yes No Yes
Intraday Square-off Time 3:15 PM 3:15PM 3:15PM
NRI Trading Yes Yes Yes
Other Features NIL Mobile Application: Rmobile Xpress
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Trading Platform

Compare Finvasia vs Kotak Securities vs Reliance Securitieson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Finvasia vs Kotak Securities vs Reliance Securities. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare Finvasia vs Kotak Securities vs Reliance Securities
Trading Platform Compare Finvasia Kotak Securities Reliance Securities
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://trade.finvasia.com/

https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat

http://tick.rsec.co.in/

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App SCALPERT Kotak Neo TICK PRO
Mobile Trading App Demo SCALPERT Demo Kotak Neo Demo TICK PRO Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod SCALPERT Download Andriod Kotak Neo Download Andriod Download
iPhone Mobile App (IOS) No Yes Yes
iOS App Download Info Not Available iOS Kotak Neo Download iOS TICK PRO Download
Android Tablet App Yes Yes Yes
iPad App (IOS) No Yes Yes
Trading Software Charges Basic platforms are free, advance platforms are chargeable. Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Reliance Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Reliance Securities
Options Brokerage Calculator Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Reliance Securities
Detail Detail on Trading Platforms for finvasia Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for reliance-securities

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Broker Ratings by Users

Compare Finvasia vs Kotak Securities vs Reliance Securities on User Rating

  Finvasia Kotak Securities Reliance Securities
  17 Customer Reviews    Rate Finvasia 82 Customer Reviews    Rate Kotak Securities 52 Customer Reviews    Rate Reliance Securities
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Finvasia is Rated 4.2 / 5 based on 17 customer reviews Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews
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Investment Offerings

Compare Finvasia vs Kotak Securities vs Reliance Securities on Investment Offerings

Compare Finvasia vs Kotak Securities vs Reliance Securities on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Kotak Securities and Reliance Securities offers PMS facility where Finvasia doesn't offers PMS facility.

Investment Offerings - Compare Finvasia vs Kotak Securities vs Reliance Securities
Investment Offerings Compare Finvasia Kotak Securities Reliance Securities
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes Yes No
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking No Yes No
Insurance No Yes Yes
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment No Yes Yes
PMS Service No Yes Yes
Other Investment Options NIL NIL NIL
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Customer Service Offered

Compare Finvasia vs Kotak Securities vs Reliance Securities on Customer Service

Compare Finvasia vs Kotak Securities vs Reliance Securities on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Finvasia vs Kotak Securities vs Reliance Securities
Customer Service Compare Finvasia Kotak Securities Reliance Securities
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number No Yes Yes
Through Branches No Yes Yes
Customer Care Number Support: +91 9779 097 777/Sales: +91 9098 001 001 1800 209 9191 022 41596000 | 022 62436000
Account Opening Process Online/Paperless Online Online/Paperless
Customer Support Email [email protected]/[email protected] [email protected] [email protected]
Knowledge Center/Education https://finvasia.com/announcements https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://www.reliancesmartmoney.com/Insights
Head Office Address Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website https://www.finvasia.com/ https://www.kotaksecurities.com https://www.reliancesmartmoney.com
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Tips/Research/Reports Published

Compare Finvasia vs Kotak Securities vs Reliance Securities on Research Reports, Tips

Compare Finvasia vs Kotak Securities vs Reliance Securities on research reports and tips provided by broker.

Research Reports - Compare Finvasia vs Kotak Securities vs Reliance Securities
  Finvasia Kotak Securities Reliance Securities
Research Mutual Funds No Yes Yes
Research Equity Reports No Yes Yes
Research ETF No Yes Yes
Daily Market Report No Yes Yes
Free Tips No Yes Yes
Quarterly Result Analysis No Yes Yes
News Alerts No Yes Yes
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Demat Account

Compare Finvasia vs Kotak Securities vs Reliance Securities on Demat Account

Compare Finvasia vs Kotak Securities vs Reliance Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Finvasia vs Kotak Securities vs Reliance Securities
  Finvasia Kotak Securities Reliance Securities
DP Source CDSL CDSL CDSL
DP ID 84300 25100 41400
Demat Account Annual Maintenance Charges(AMC) Free ₹780 pa ₹300 pa
Advance Deposit Rs 0 NA Nil
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) ₹9 + ₹5.50 (CDSL Charges) for every transaction 0.04% (Min ₹27) + CDSL charges 0.04% (Min ₹27) + CDSL charges
Demat ₹15 per certificate ₹3 per certificate + ₹50 courier charges ₹5 per certificate + ₹30 request charges
Remat ₹15 for every hundred securities + CDSL Charges ₹10 for every hundred securities (Min ₹15) ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges
Pledge Creation ₹25 per transaction 0.05% of transaction value (Min ₹30) 0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation NIL 0.05% of transaction value (Min ₹30) 0.05% of transaction value (Min ₹30)
Pledge Closure ₹25 per transaction 0.05% of transaction value (Min ₹30) 0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation NIL 0.05% of transaction value (Min ₹30) 0.05% of transaction value (Min ₹30)
Pledge Invocation ₹19 per transaction 0.05% of transaction value (Min ₹30) 0.05% of transaction value (Min ₹30)
Failed Instruction Charges ₹49 Nil Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Finvasia vs Kotak Securities vs Reliance Securities on Special Offers and Promotion

Compare Finvasia vs Kotak Securities vs Reliance Securities on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Finvasia vs Kotak Securities vs Reliance Securities on Special Offers and Promotion
  Finvasia Kotak Securities Reliance Securities
Likes

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

  • Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc.
  • Minimal account opening charges
  • No brokerage intraday trading
  • Low-cost brokerage trading
  • Multiple platforms to trade on web, app, and desktop
  • StockCase: Experts recommended basket of stocks
  • Tools like equity screeners, TradingView charts, and Payoff analyzer
  • BNST: Buy Now Sell Tomorrow order
  • Bracket order, cover order, GTT, and aftermarket order
  • Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available.
  • Margin trading facility (MTF) with dealer assisted trading
  • Kotak Traders Academy for beginners

Detail Review...

  • Multiple exchanges trading on BSE, NSE, and MCX.
  • Buy insurance plans like car insurance, health insurance, general insurance, etc.
  • Multiple brokerage plans.
  • Free state of the art and user-friendly TICK web, app, and desktop platform.
  • Zero Demat Account opening fees.
  • Zero brokerage benefits for the first 30 days.
  • No AMC for the first year.
  • Research reports, model portfolios, and stocks and mutual funds research recommendations.
  • R Model Portfolio and mutual fund basket recommendations.
  • Invest in the portfolio management services.
  • Robo assist technology platform for goal-based investing.
  • NRML, MIS, bracket order (BO), cover order (CO), after market order (AMO).
  • Place Valid Till Cancelled order for maximum validity of 45 days.
  • Free first 20 call & trade every month.
  • An abundance of education resources i.e., classrooms, blogs, webinars & events for beginners.

Detail Review...

Dislikes

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

  • Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only.
  • High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot)
  • Delivery trading is not free as charged with 0.25% brokerage.

Detail Review...

  • No flat brokerage plan is offered by Reliance Securities.
  • High brokerage charges than new-age discount brokers i.e., Zerodha, and Upstox.
  • The full-service broker does not have a toll-free number to provide 24*7 customer support.

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading.
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