Reliance capital entered into online trading business through “Reliance Money”. Reliance Money is offering highly competitive brokerage fees with the option for “fixed flat fee structure”.
Reliance Money, promoted by Anil Dhirubhai Ambani Group firm Reliance Capital, would offer the brokerage services across 700 cities including Delhi and Mumbai through 3,000 outlets.
Reliance Money consumers can trade in equities, commodities and offshore investments, IPOs, mutual funds, insurance and money transfer.
Brokerage fee structure:
Delivery trades – 0.05%
Non- delivery trades – 0.005%
Fixed brokerage fee:
Rs. 500 for delivery trades up to 10 lakh
Rs. 500 for non-delivery trades up to 1 crore.
Pre-paid coupon brokerage charges:
Rs. 500 coupon is valid for 2 months.
Rs. 1300 coupon is valid for 6 months.
Rs. 2500 coupon is valid for 1 year
Reliance money website:
It is one of the best designed financial web sites in India. It will catch visitors’ attention with its neat interface, quality content, fast loading and research information. Content is divided into 3 sections – Beginners, Intermediate ones and Experts.
Highlight: Morning News letter from reliance Money is a must read for every investor.
Reliance money will definitely give tough competition to other brokerage houses like ICICI Direct and Sharekhan, India Bulls etc. If you want to enter in to online trading, opt for Reliance Money.
Please comment on this article.
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16 comments:
yes i want to invest in the online trading market
i want to join.i need some more details.
Reliance money improved its Insta Trade online trading platform in the recent days. But it is still not perfect for frequent traders. Reliance Money should provide software to all its customers to gain more customers especially traders. Low brokerage charges are a big plus.
Reliance Money is really very good opperntunity for day traders as well as long term investors. Low brokerage charges are a big plus point for daily traders. Otherwise it is very difficult to make money. "Reliance Money" is a perfect name & giving oppertunity to make money to us.
it may be really fruitful for the traders of stock (share) market through reliance money for its low brokerage but it must provide an expected exposure i.e.,20-25 times of the margin money to the intraday traders with favourable & restricted software instantly. AJAY KUMAR CELL NO. 09431157119 , RANCHI.
Ha Ha.. All the new brooms sweep well. When you actually settle down for a trade online, you will know the 'bogushu' (quality) and inconvenience of RM (Aurum ?) Ordinary investor is now allowed to use insta trade facility; you cannot do any off-market (belated) transaction ; your broker acting your behalf between you and RM can trade in your account even without permission or security-rich(?) token key system ! He is empowered to do that. If he has no conscience, you will be ruined...No real online trading is available as such now... no trading in forex, commodity or not even mutual funds now....
Low brokerage and all that is fine..but it should provide good software and insta trade facility
It'd be better if you contact Reliance Money directly. Their sales representative can contact you and give you personal assistance if you give them the following details:
Name:
Contact No. :
City:
State:
For any further assistance please call them on 3988 6000 or write to them at customer.support@reliancemoney.co.in
I think Reliance Money is not good as compare to the other stock broking firms. I like ShareKhan and Kotak Securities which are very good in terms of service and packages.
The stock tips and the investment ideas given by them are very useful than the ones given by Reliance Money. I was succeeded at most of the times with their recommendations.
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Have been using Rmoney since almost a month now, and have not had any problems so far. Am quite satisfied with their services.
Reliance money is good and provides secure code for every trading account. Its brokerage service rates are fixed. Many people don't face any problems in this online trading facility.
i want to know some more detail about it, how its online trading software works etc.....
1. I must compliment you for a neat layout and quality information for
stock market.
2. I look forward to your visit at my blogs for Free Indian Share Tips and do leave your valuable
comments.
i want to invest share market.so i need more detail. if possible send
to this email address johnsai100@yahoo.com
The layout of the site is nothing less than superb coupled with quality content. I am amazed at your writing style. Hats off to you. No doubt One is getting best Indian stock tips here. So visit for Millionaire Indian Stock Tips here. Learn Technical Analysis of Stock Market here to make money daily. All those looking for tips for Free Tips for Reliance, ONGC, ACC, TISCO, Infosys here.
I feel their console is better than icici directs console...personal opinion.
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