Reliance Money Review 2021, Brokerage Charges, Trading Platform and More

Reliance Money Limited is a Reliance Capital company & part of the Reliance Group.Reliance Money endeavors to change the way investors transact in equities markets & avails services. It provides customers with access to Equity, Derivatives, Mutual Funds & IPOs.

It also offers secured online share trading platform & investment activities in secure, cost-effective & convenient manner. To enable wider participation, it also provides the convenience of trading offline through variety of means, including Call & Trade, Branch dealing Desk & its network of affiliates.

Reliance Money has a pan India presence at more than 1,700 locations.Reliance Capital is one of India’s leading & fastest growing private sector financial services companies, & ranks among the top 3 private sector financial services & banking groups, in terms of net worth.

Reliance Money Investment Options.
The investment options available with Reliance Money are as below

  • Equities Trading – Delivery, Intraday, leveraged trading based on Cash + Collaterals, Cover order along with stop loss, After market Hours Orders, Regular Stock Purchase Plans, R-Mobile Trading.
  • Equities Derivatives Trading.
  • Currency Derivatives Trading.
  • IPO Investment.
  • Commodity Trading (Gold, Silver, Crude etc….) at MCX, NCDEX & NMCE.
  • Mutual Fund, Liquid funds, Bonds, FD’s Investment, Structured Products, Wealth Management & Portfolio Management Services, Premium Research.
  • Life & General Insurance.
  • My Gold Plan, Gold ETF’s, NRI Investment Services, QFI Investment Services.
Demat Account.NSDL, CDSL.
Trading Exchanges.NSE, BSE, & MCX-SX.
Broker Type.Full-Service Broker.

Reliance Money Account Opening Fees.

Trading Account.Rs 750.
Demat account.Rs.0.
Commodity Account.Rs.0.
Trading Annual maintenance charges (AMC).Rs 200.

Reliance Money Brokerage Charges.

Equity (Intraday).Equity: Upfront Brokerage: 0.04% to 0.01%for Intraday.
Equity (Delivery).Equity: Upfront Brokerage: 0.4% to 0.1% for Delivery.
Equity Futures.Upfront Brokerage: 0.04% to 0.01% of Turnover.
Equity Options.Upfront Brokerage: Rs 70/lot to Rs 10/lot.
Currency Futures.Upfront Brokerage: 0.04% to 0.01% of Turnover.
Currency Options.Upfront Brokerage: Rs 70/lot to Rs 10/lot.

Margins or Leverage.

Equity (Intraday).Upto 10 Times Intraday.
Equity (Delivery).Upto 3 times Delivery @ interest.
Equity Futures.No extra leverage for intraday.
Equity Options.No extra leverage for intraday.
Currency Futures.No extra leverage for intraday.
Currency Options.No extra leverage for intraday.
Commodity.No extra leverage for intraday.

Trading Platforms or Software.

Trading Platform or Software.Insta Xpress – Live streaming quotes (high speed trading tool).
Web based.Easy Trade,Insta Plus.
Mobile Application.R Mobile Xpress (Mobile Trading).

Some Useful Services.

Online Trade Reports.YES.
Online PNL Reports.YES.
Intraday Chart Facility.5 Days.
End of Day Chart Facility.5 Years.
3 in 1 Account.NO.
Instant Fund withdrawal.NO.
Relationship Managers.YES.

Useful Details.

Price (Broker Type).Percentage Based.
Headquarters City (Head Office).Mumbai(Maharashtra).
Total Branches (Presence).1700 Branches.
Research & Tips.Yes Research Provided.
Total Experience in Braking.11 Years of experience.
Year of Incorporation.2016

Client Info & NRI Account opining Regulations.

Current Active Client Base?More Than 22,00,000.
NRI Account Opining Allowed Or Not.YES, It is Allowed.

Fund Transfers Service.

Number of bank linked to account.No Info.
Mode of payment (Withdraw &Deposit).IVR,online transfer,VISA Debit card.
Fund Payin processing time.Online transfer IVR – instant.
Fund Payout processed (Working Days).1 Day.

Turnover & Other Charges.

Equity (Cash & Delivery) Turn over charges.0.0035%.
Equity Futures Turnover charges.0.0033%.
Equity Options Turnover charges.0.063% on premium.
Currency Futures Turnover charges.Details not available.
Currency Options Turnover charges.Details not available.
Commodities Turnover charges.Not Available.
Dial & Trade charges.Rs. 15 / per executed order.
DP Transaction charge.Rs. 15 / per executed order.

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Just submit your details below. we will take care of rest.

  • lowest Brokerage
  • Highest Margin Across All Segments
  • Great Customer Care Support
  • Fast Trading Platform

Support & Tools Available.

Brokerage calculator.Not Available.
Margin Calculator.Not Available.
Bracket orders & Trailing stoploss.Not Available.
Cover order.YES.
User guide & remote end support.YES.

Reports & Confirmation.

Contract notes on Email.Yes (Register Email ID).
Contract notes online.Yes (Register Email ID).
Periodical statement on Email.Yes (Register Email ID).
Trade confirmation on Email.Yes (Register Email ID).
Trade confirmation on SMS.Yes (Register Email ID).

Additional Features.

Charting (Intraday & EOD).YES.
Coding or Backtesting (Algo Trading).Not Available.
Referral program (Affiliate).Not Available.
Training & Education.Yes via R gurukool.
Online trading community.Not Available.

Customer Care.

Contact Details.Registered Office.
Reliance Money Ltd,11h Floor,
R-Tech Park, Nirlon Compound,
Western Express Highway,
L&mark – Near Hub,
Behind Oracle Building Goregaon (East),
Mumbai – 400063. Maharashtra.
Call.Customer Care.
(+91) 022 33201212, 022 39896789 (Franchise Desk).
FAX (+91) 022 3320 1555.
SMS Subscribe to our Research SMS plans SMS to 567678.
Complaints Or

Reliance Money Review & Ratings

On the scale of 5 (0 is worst & 5 is best). Below are the review & rating for Reliance Money.

Customer Experience3.5 / 5
Trading Platform / Mobile APP4 / 5
Services4 / 5
Brokerage Charges5 / 5
Fund Add / Withdrawal4.5 / 5 
Overall Rating4 / 5
Star Rating★★★★
Review Counts230

Sebi Registration.

Equities Capital Market: NSE INB 231234833, BSE INB 011234839, MCX-SX INB 261234836.
Equities Derivatives NSE INF 231234833, BSE INF 011234839, MCX-SX INF 261234836.
Currency Derivatives: NSE INE 231234833, BSE INE 011234839, MCX-SX INE 261234833.
Mutual Funds : Reliance Money Limited, AMFI ARN No.29889.
CDSL SEBI Registration Number Depository Participant: IN-DP-CDSL-357-2006.
NSDL SEBI Registration Number Depository Participant: IN-DP-NSDL-363-2013.
Corporate Identity Number: U65990MH2005PLC154052.

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