Migrating from ICICIDirect to Reliance Money

#12
hi coolboy , even i wanted to open my account in reliance money , bcoz of low brokerage , but the feedback that i have read about rel money is not all that great , people in this forum have some nasty experiences with reliance money , that scared me and i dropped the idea ,

hw is your experience of rel money , please tell if you have faced any problem, regarding their software and callcentre.
also what type of exposure they provide intraday.
 

coolboy007

Well-Known Member
#13
hi coolboy , even i wanted to open my account in reliance money , bcoz of low brokerage , but the feedback that i have read about rel money is not all that great , people in this forum have some nasty experiences with reliance money , that scared me and i dropped the idea ,

hw is your experience of rel money , please tell if you have faced any problem, regarding their software and callcentre.
also what type of exposure they provide intraday.
First let me clear that i am not an intraday p;layer , hav to go to school so cant do intraday , i play in positional trades in futures , cash and options.
Intraday exposure is 5 times but the problem is that if u want to buy something in delivery u hav to have money in your account , not even a single day is given to make payment the biggest drawback.

Brokerg is negligible , get connected to cust care easily in 3-4 mins , am from delhi. The platform insta trade sometimes stops updating quotes , with me it happens once in 20 times.
For me i am happy with relmoney , but wont suggest it to any intra player.
 

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