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Zerodha vs Reliance Securities – Compare Charges, Trading Features, Offers & more
Find a Comparison of Zerodha vs Reliance Securities here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.
This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Zerodha and Reliance Securities.
Background
| Year of Incorporation | 2010 | 2006 |
| Website | https://zerodha.com | https://www.reliancesmartmoney.com/ |
| Phone | 080-4718-1888 | 022-3988 6000 |
| Exchanges enabled | NSE, BSE, MCX-SX & MCX | NSE, BSE, MCX-SX |
| Demat (NSDL/CDSL) | CDSL | NSDL, CDSL |
Brokerage
| Equity | Rs 0 on Delivery & Rs 20 on Intraday | 0.50% for Delivery & 0.05% for Intraday |
| Equity Futures | Rs 20 or 0.03% (whichever is lower) per executed order | 0.05% per Executed Order |
| Equity Options | Rs 20 per order | Rs 100 per lot |
| Currency Futures | Rs 20 or 0.03% (whichever is lower) per executed order | 0.05% per Executed Order |
| Currency Options | Rs 20 per order | Rs 100 per lot |
| Commodity | Rs 20 per order | Rs 100 per lot |
Account Opening Costs
| Trading only | Free | Rs 950 |
| Trading & Demat | Free | Rs 950 |
| Commodity | Free | Free |
Transparency & other costs
Double check on if you are paying much higher other/turnover costs, make sure to compare
| Equity | 0.00325% on Turnover | 0.0035% |
| Futures | 0.0021% on Contract Turnover | 0.0033% |
| Options | 0.053% on Premium Turnover | 0.063% |
| Commodities | 0.0031% on Contract turnover | 0.03% |
| AMC charge | Rs 300/year | Rs 2500 One time payment |
| DP Transaction Charge | Rs 13 per debit instruction | Rs 15 per Debit Transaction |
| Offline order placing Charge | Rs 20 per executed order | NIL |
Platforms
| Software |  |
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| Web/HTML 5 | |
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| Mobile | |
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Charting
| Intraday | 365 days on Zerodha Pi | 22 Days on NEST |
| End of Day | 10 years on Zerodha Pi | 10 Years on NEST |
| Coding/Backtesting | |
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Reporting
| Online Trade Reports | |
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| Online PNL Reports | |
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| Online Contract Notes | |
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Margins
Leverage Provided
| Equity | 20x intraday | Upto 10x Intraday, Upto 3x Delivery |
| Equity Futures | Upto 7x intraday leverage | Upto 3x Intraday |
| Equity Options | Buying no leverage, Shorting upto 7x leverage intrdaday | Upto 5x |
| Currency Futures | 2x intraday leverage | No Leverage |
| Currency Options | Buying no leverage, Shorting upto 2x intraday leverage | Upto 5x for Intraday |
| Commodity | 2.5x intraday leverage | Not Available |
Support & Tools
| Research & Tips | |
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| Brokerage Calculator | |
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| Margin Calculator | |
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| Bracket orders & Trailing Stoploss | |
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| Training & Education | |
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Convenience
| 3 in 1 Account | |
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| Instant Fund withdrawal | |
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| Relationship Managers | |
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Financial Health
Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.
| Profit after Tax FY11/12 | Rs 2.4 Crores | Rs 10.9 Crores |
| Profit after Tax FY12/13 | Rs 5.8 Crores | Rs 5.7 Crores |
| Profit after Tax FY13/14 | Rs 10.27 Crores | Rs 6.89 Crores |
| Profit after Tax FY 14/15 | Rs 10.58 Crores | Rs 9.64 Crores |
| Profit after Tax FY 15/16 | Rs 10.99 Crores | Rs 7.67 Crores |
| Profit after Tax FY 16/17 | Rs 11.02 Crores | Rs 11.73 Crores |
| Profit after Tax FY 17/18 | Rs 11.36 Crores | Rs 12.83 Crores |
| Profit after Tax FY 18/19 | Rs 11.75 Crores | Rs 13.78 Crores |
| Profit after Tax FY 19/20 | Rs 11.98 Crores | Rs 11.91 Crores |
| Profit after Tax FY 20/21 | Rs 12.13 Crores | Rs 12.82 Crores |
| Profit after Tax FY 21/22 | Rs 12.38 Crores | Rs 13.63 Crores |
| Profit after Tax FY 22/23 | Rs 12.87 Crores | Rs 17.06 Crores |
| Debt FY11/12 | 0 | Rs 37.37 Crores |
| Debt FY12/13 | 0 | Rs 35.55 Crores |
| Debt FY13/14 | 0 | Rs 42.80 Crores |
| Debt FY14/15 | Rs 4.45 Crores | Rs 30.44 Crores |
| Debt FY15/16 | Rs 4.88 Crores | Rs 40.64 Crores |
| Debt FY16/17 | Rs 5.22 Crores | Rs 30.46 Crores |
| Debt FY17/18 | Rs 5.68 Crores | Rs 37.43 Crores |
| Debt FY18/19 | Rs 6.25 Crores | Rs 45.93 Crores |
| Debt FY19/20 | Rs 5.87 Crores | Rs 36.30 Crores |
| Debt FY20/21 | Rs 6.11 Crores | Rs 49.04 Crores |
| Debt FY21/22 | Rs 6.47 Crores | Rs 50.00 Crores |
| Debt FY22/23 | Rs 6.98 Crores | Rs 48.52 Crores |
| Profit to Equity(%) FY11/12 | 19% | 9.57 |
| Profit to Equity(%) FY12/13 | 24% | 9.88 |
| Profit to Equity(%) FY13/14 | 21% | 7.57 |
| Profit to Equity(%) FY14/15 | 21% | 12.38 |
| Profit to Equity(%) FY15/16 | 23% | 12.09 |
| Profit to Equity(%) FY16/17 | 26% | 11.85 |
| Profit to Equity(%) FY17/18 | 28% | 13.88 |
| Profit to Equity(%) FY18/19 | 29% | 15.71 |
| Profit to Equity(%) FY19/20 | 33% | 15.51 |
| Profit to Equity(%) FY20/21 | 36% | 15.49 |
| Profit to Equity(%) FY21/22 | 38% | 17.32 |
| Profit to Equity(%) FY22/23 | 39% | 17.76 |
| Balance Sheet Size FY11/12 | Rs 25.4 Crores | Rs 387 Crores |
| Balance Sheet Size FY12/13 | Rs 64.5 Crores | Rs 363 Crores |
| Balance Sheet Size FY13/14 | Rs 111.1 Crores | Rs 328.55 Crores |
| Balance Sheet Size FY14/15 | Rs 112.18 Crores | Rs 596.99 Crores |
| Balance Sheet Size FY15/16 | Rs 112.98 Crores | Rs 452.80 Crores |
| Balance Sheet Size FY16/17 | Rs 113.44 Crores | Rs 347.01 Crores |
| Balance Sheet Size FY17/18 | Rs 114.87 Crores | Rs 592.63 Crores |
| Balance Sheet Size FY18/19 | Rs 116.55 Crores | Rs 439.95 Crores |
| Balance Sheet Size FY19/20 | Rs 119.22 Crores | Rs 467.17 Crores |
| Balance Sheet Size FY20/21 | Rs 120.63 Crores | Rs 329.57 Crores |
| Balance Sheet Size FY21/22 | Rs 121.16 Crores | Rs 385.52 Crores |
| Balance Sheet Size FY22/23 | Rs 122.10 Crores | Rs 473.71 Crores |
Comparison Link:
Frequently Asked Questions
Is Zerodha better than Reliance Securities ?
Zerodha and Reliance Securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.
Is Reliance Securities better than Zerodha ?
Zerodha and Reliance Securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.
Is Zerodha cheaper than Reliance Securities ?
Zerodha and Reliance Securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.
Is Reliance Securities cheaper than Zerodha ?
Zerodha and Reliance Securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.
Which is better Zerodha vs. Reliance Securities ?
To find out the better of the two stockbrokers Zerodha and Reliance Securities, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.