Retail accounts frequently lose money on leveraged CFDs - risk only spare capital.
Reliance Securities Ltd is now IndusInd Securities Ltd - the name changed in September 2025 after the Hinduja group's IndusInd International Holdings took over following NCLT approval in 2024. The front door is reliancesmartmoney.com, and India clients settle in INR, so there is no currency step in the flow.
Where You Log In
| Access route | Best for | Credential |
|---|---|---|
| reliancesmartmoney.com web | Desktop charting, order review | Client ID or PAN + password |
| Mobile app | Intraday checks, order placement | Same client ID and password |
| InstaXpress desktop | Active F&O and currency traders | Trading password |
| TICK PRO mobile | Light monitoring | Trading password |
The web terminal is where most people do their real work, and the mobile app is for checking positions and squaring off. InstaXpress carries the order-heavy load for futures or currency derivatives.
Sorting Out a Failed Login
Check the domain first. Cloned broker apps and fake login pages are a running theme in India - RBI maintains an Alert List of unauthorised platforms, and after the 19 November 2025 update it stood at 95 entities. If a link arrived by SMS or WhatsApp, do not use it. Go to the broker's own site directly.
- Client ID versus PAN: either can work as the login, but the one registered is the one that resolves.
- Caps lock and keyboard layout cause a surprising number of lockouts.
- Trading password reset is usually handled through the dashboard, not the terminal itself.
- The mobile forgot-password flow is often faster than the web one.
- An account locked after repeated attempts needs support, with PAN and registered mobile number.
KYC approval for a new account typically runs 24 to 48 hours per SEBI-linked norms, and password resets should be quicker, but support queues stretch when volumes spike around expiry week.
Security Features and 2FA
The standard Indian broking setup is OTP to a registered mobile number and email, plus PAN as the identity anchor. It is not the same as an authenticator app or hardware key.
- Enable the OTP step on every device.
- Use a password never used on another site, because cloned-broker phishing relies on reuse.
- Never share the login OTP, not with a "relationship manager", not with someone claiming to be from the exchange.
If the registered mobile number changes, the recovery path gets slow. Update it before travel or a SIM change.
What the Login Gets You Into
| Instrument | Available through the account |
|---|---|
| Equity delivery and intraday | Yes, NSE and BSE |
| Futures and options | Yes |
| Currency derivatives | Yes, INR pairs on recognised exchanges |
| Commodity | Yes |
| Mutual funds, IPO, bonds | Yes |
| Corporate FDs, insurance | Yes |
| Spot forex or offshore CFDs | No - not part of this account type |
The account is built for exchange-traded, INR-settled products. Currency derivatives here mean the INR-based contracts that SEBI and RBI permit on recognised exchanges, not the spot forex products offshore platforms push at Indian residents.
Costs and What the Login Does Not Cover
Account opening costs Rs.0. The charges sit in the trades.
| Charge | Rate |
|---|---|
| Equity delivery / intraday | ~0.00335% on NSE, plan-dependent |
| Futures | ~0.002% |
| Options | ~0.053% on premium |
| Demat AMC | ~Rs.400 per year |
| Account opening | Rs.0 |
Percentage and flat plans are both available, and BSDA is offered for smaller holdings. Funding is through UPI and net-banking, both of which settle in INR with no conversion step. The verified minimum for funding is not published.
International platforms with FCA, CySEC or ASIC-level oversight, segregated client funds and a long track record are a separate category from a domestic broking account. Verify any entity against the SEBI and RBI registers before sending money, because the RBI Alert List is explicitly not exhaustive and the offshore channel advertising 100x to 1000x leverage to Indian residents is the one that sits outside the legal framework.
The Fine Print
The firm was founded in 2005 as the broking arm of Reliance Capital, which went through insolvency, and the business was acquired by Hinduja's IndusInd International Holdings with NCLT approval in 2024, then rebranded to IndusInd Securities in 2026. Platform migration and interface changes are ongoing, so a screen that worked differently last quarter may simply have moved. Keep your own record of contract notes rather than relying solely on the platform.
Intraday speculative positions are treated as speculative business income, with losses offset only against speculative income and a four-year carry-forward. Exchange-traded currency futures and options profits generally fall under non-speculative business income at your slab rate, where losses carry forward for eight years. Under LRS, a 20% TCS applies on amounts above Rs 10 lakh per financial year, raised from the Rs 7 lakh threshold effective 1 April 2025. Margin forex trading is not a permitted LRS end-use. Crypto is taxed separately at 30% plus 4% cess. Residents must declare worldwide income and foreign assets (Schedule FA). Tax authority: Income Tax Dept / CBDT (https://incometax.gov.in).
Islamic or swap-free accounts are not offered here.
Questions
What should I do if my account is locked after wrong password attempts?
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Contact support with your PAN, registered mobile number and email. Keep those details current, especially if you change SIM cards or travel.
Can I log in from outside India?
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Access is generally possible if your registered mobile number can still receive OTPs. If it cannot, the fix has to be arranged before you leave rather than after.
Why does the platform look different from the last time I logged in?
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The business rebranded to IndusInd Securities in 2026 after the ownership transition, and platform migration is still underway.