Reliance Securities Vs MyValueTrade - Broker Comparison

Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)

Reliance Securities Limited MyValueTrade
R Fixed plan R Flexi Plan Per Order Executed Fixed Monthly Plan
Trading Account Opening Fee ₹950 ₹950 ₹555 ₹555
Trading Account AMC ₹0 ₹0 ₹0 ₹0
Demat Account Opening Fee ₹0 ₹0 ₹0 ₹0
Demat Account AMC * ₹400 ₹400 ₹400 ₹400

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Reliance Securities Limited MyValueTrade
R Fixed plan R Flexi Plan Per Order Executed Fixed Monthly Plan
Monthly Fee NA NA NA ₹1000 (unlimited trading)
Equity Delivery 0.40% 0.60% to 0.15% ₹10 ₹0
Equity Intraday 0.04% 0.06% to 0.015% ₹10 ₹0
Equity Future 0.04% 0.06% to 0.015% ₹10 ₹0
Equity Options ₹100 per lot ₹100 to ₹50 per lot ₹10 ₹0
Currency Futures - - ₹10 ₹0
Currency Options - - ₹10 ₹0
Commodity NA NA ₹10 ₹0

Transaction Charges (Per Crore)

Compare Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

Reliance Securities Limited MyValueTrade
R Fixed plan R Flexi Plan Per Order Executed Fixed Monthly Plan
Equity Delivery ₹350 ₹350 NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325
Equity Intraday ₹350 ₹350 NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325
Equity Future * ₹330 ₹330 NSE ₹300 | BSE ₹150 NSE ₹300 | BSE ₹150
Equity Options * ₹6300 ₹6300 NSE ₹6000 | BSE ₹3500 NSE ₹6000 | BSE ₹3500
Currency Futures * - - NSE ₹120 | BSE ₹100 NSE ₹120 | BSE ₹100
Currency Options - - NSE ₹4200 | BSE ₹1000 NSE ₹4200 | BSE ₹1000

Other Charges

Compare miscellaneous charges, minimum fees and add-on service rates.

Reliance Securities Limited MyValueTrade
R Fixed plan R Flexi Plan Per Order Executed Fixed Monthly Plan
Minimum Brokerage 5 Paise per share 5 Paise per share ₹10 or .01% whichever is lower ₹10 or .01% whichever is lower
Call & Trade - - ₹20 per executed order ₹20 per executed order
DP Charges (on sell side) 0.04% of transaction value (minimum Rs 27) 0.04% of transaction value (minimum Rs 27) ₹15 per scrip ₹15 per scrip
Other Miscellaneous Charges - - - -

Demat Account Charges

Find charges for the best Demat Account for small investors

Reliance Securities Limited MyValueTrade
R Fixed plan R Flexi Plan Per Order Executed Fixed Monthly Plan
Depository Service Provider CDSL CDSL - -
Account Opening Fee

Nil

Nil

 - -
Advance Deposite

Nil

Nil

 - -
AMC

Regular Demat Account

For Individual/HUFs/ Trust: Accounts - ₹400

For NRIs/Foreign Nationals: Nil

For Corporate / Other Non Individuals: ₹1000

BSDA (Basic Service Demat Account)

If Holding value is not greater than ₹50,000: Nil

If Holding value is between ₹50001 to ₹200000: ₹100

Regular Demat Account

For Individual/HUFs/ Trust: Accounts - ₹400

For NRIs/Foreign Nationals: Nil

For Corporate / Other Non Individuals: ₹1000

BSDA (Basic Service Demat Account)

If Holding value is not greater than ₹50,000: Nil

If Holding value is between ₹50001 to ₹200000: ₹100

 - -
Dematerialisation Charges

₹30 per request + ₹5 for each certificate

₹30 per request + ₹5 for each certificate

 - -
Rematerialisation Charges

₹40 for 100 securities or a flat fee of ₹25 per certificate which ever is higher + postal charges

₹40 for 100 securities or a flat fee of ₹25 per certificate which ever is higher + postal charges

 - -
Transaction Charges (Credit) - - - -
Transaction Charges (debit)

0.04% of transaction value or minimum of ₹27 per ISIN

0.04% of transaction value or minimum of ₹27 per ISIN

 - -
Pledge Creation Charges

₹0.05% of transaction value or minimum of ₹30 per ISIN

₹0.05% of transaction value or minimum of ₹30 per ISIN

 - -
Pledge Creation Confirmation Charges

₹0.05% of transaction value or minimum of ₹30 per ISIN

₹0.05% of transaction value or minimum of ₹30 per ISIN

 - -
Pledge Invocation Charges

₹0.05% of transaction value or minimum of ₹30 per ISIN

₹0.05% of transaction value or minimum of ₹30 per ISIN

 - -
Failed Instruction Charges

Nil

Nil

 - -
Other Charges

Additional account statements for Individuals/HUFs/ Corporate: ₹40 per Statement

For NRI / Foreign Nationals: ₹100 per Statement

Additional account statements for Individuals/HUFs/ Corporate: ₹40 per Statement

For NRI / Foreign Nationals: ₹100 per Statement

 - -

Features

Compare key features offered the brokers.

Reliance Securities Limited MyValueTrade
R Fixed plan R Flexi Plan Per Order Executed Fixed Monthly Plan
Trading Platform InstaXpress InstaXpress OMNESYS NEST OMNESYS NEST

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