BrokAIr Reviews

Reliance Securities Review

"Reliance Securities is one of the most expensive online brokerages on the market, with fees that are almost double that of other brokerages. Is this worth the extra money for investors?"

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Overview of Reliance Securities

Reliance Securities is a financial services company that provides its clients with a full suite of trading and investment services. The company was founded in 2000 and is headquartered in Mumbai, India. It is part of the larger Reliance Group, which has over 40 years of experience in providing financial services to its customers. Reliance Securities offers a wide range of services, including stock broking, mutual funds, portfolio management, insurance, and more.

Pros of Reliance Securities

Cons of Reliance Securities

Public Opinion About Reliance Securities

Overall, public opinion about Reliance Securities is quite positive. Many investors consider it to be one of the best stockbrokers in India. The company’s presence in the market for 20 years has been largely successful and its customer service is considered one of the best in the industry. However, some investors have complained about its high brokerage charges compared to other brokerages.

Founders & Management Team

Reliance Securities was founded by Shri Anil Ambani in 2000. The company is managed by a highly experienced team of financial advisors and brokers who have decades of experience in the Indian financial markets. The current CEO is Mr. Pradip Mittal.

Newsworthy Events

In 2019, Reliance Securities launched a new mobile app called “R-Trade” which allows customers to trade stocks and mutual funds on their smartphones. The app also provides users with real-time market data and news updates. In 2020, Reliance Securities was recognized as one of the top 5 brokerages in India by the regulator SEBI (Securities and Exchange Board of India). In 2021, Reliance Securities partnered with YES Bank to offer additional banking services to its customers.