Religare Enterprises Limited is Ranbaxy Laboratories Limited promoted financial product and service provider company.

Religare provide its service in three different segments including Retail, Wealth management and the Institutional spectrum. Company offers wide range of services including equities, commodities, insurance broking, wealth advisory, portfolio management services, personal finance services, Investment banking and institutional broking services. Religare retail network has more than 900 locations in 300 cities and towns in India.

Religare provides the online gateway to their investors so investor can trade online in Equities, Commodities, apply for IPOs, invest in Mutual Funds, and buy Insurance.

Religare Securities Limited (RSL) is a subsidiary company of Religare Enterprises Ltd and involve in equity related services include online trading at BSE and NSE, Derivatives, commodities, IPO, Mutual fund, Investment banking and institutional broking services.

People who wonder where Religare word came from, it's a Latin word meaning 'to bind together'.

Type of Account

Religare offers its wide range of financial services though a sophisticated and customized trading platform - R-ACE (Religare Advanced Client Engine). Below are 3 flavors of R-ACE accounts available to the investors.

1. R-ACE (Basic)

   R-ACE (Religare Advanced Client Engine) the basic online trading account provided by Religare. Investor can trade and access their account information online and over the phone as well. This account comes with a browser based online trading platform and no additional software installation needed.

2. R-ACE Lite (Advanced)

   R-ACE Lite is the advanced trading platform for the investor of Religare. This trading account provides the entire feature of R-ACE (Basic) account. In addition it also provides real-time streaming stock quotes and alerts. This trading platform is also browser based and no software installation is needed.

3. R-ACE Pro (Professional)

   As the name indicates this account is for high volume traders. Along with the features from above 2 accounts, this account also comes with Trading Terminal software which needs to install on your computer. This terminal directly connects the investor to stock market and having all industry standard Treading terminal features including technical charting (intra-day and EOD), multiple watch list, advanced hot-key functions for faster trading, derivative chains, futures & options calculator etc.

   As in basic and advance account, trading is available online through internet and offline though phone.

Brokerage and Account opening fees:

Religare offers three kinds of accounts as above. Below are detail about fees and activation charges for each account:

1. R-ACE
   Account activation charges Rs.299/-.
   Minimum margin of Rs.5000/- required.
   
   
2. R-ACE Lite
   Account activation charges Rs.499/-.
   Minimum margin of Rs.5000/- required.
   
   
3. R-ACE Pro
   Account activation charges Rs.999/-.
   Minimum margin of Rs.10,000/- required.
   
   
4. Brokerage at Religare

   On the basis of volume and frequency of trading, Religare provide different options for brokerages. On the broader way they divided into three categories:

   • Classic Account

     Intraday brokerage varies from 0.03% to 0.05%.
     Delivery brokerage varies from 0.30% to 0.50%.
     Derivatives brokerage varies from 0.3% to 0.5%.

   • Classic Plus

     Fees: Rs 600
     Validity Period 6 Months
     Intraday brokerage varies from 0.03% to 0.05%.
     Delivery brokerage varies from 0.30% to 0.50%.

   • Freedom Account

     In this payment plan, investor has to pay a fix amount in advance for Monthly (Rs 500), Quarterly (Rs.1400), Half-yearly (Rs 2500) or Annual Subscription (Rs 4000). This one time payment enable account holder to trade for Rs. 3,00,000 intraday & derivative trading and Rs. 40,000 of delivery based trading for zero brokerage.

   • Trump Account

     Trump account has four payment options, Trump Plus, Trump Super, Trump Star and Trump Super Star plan.

     • Trump Plus has annual subscription fees of Rs 2,500, Brokerage on Delivery Trades is 0.25% and Brokerage on Intraday Trades & F&O Trades is 0.025%.
     • Trump Super has annual subscription fees of Rs. 15,000, Brokerage on Delivery Trades is 0.15% and Brokerage on Intraday Trades & F&O Trades is 0.015%.
     • Trump Star has annual subscription fees of Rs. 50,000, Brokerage on Delivery Trades is 0.10%, Brokerage on Intraday Trades is 0.01% and Brokerage on Future Trades is 0.008%.
     • Trump Super Star has annual subscription fees of Rs. 1,00,000, Brokerage on Delivery Trades is 0.10% and Brokerage on Intraday Trades & F&O Trades is 0.005%.

Check current brokerage rate offered by Religare http://www.religareonline.com/to_fees.asp.

How to open account with Religare?

For online trading with Religare, investor has to open an account. Following are the ways to open an account with Religare:

There are 3 simple ways to open an account with Religare.:

• Call at one of the below number and ask to open an account with them.
  Phone Numbers: 1800-11-44-88, 011-44312345
• Visit one of their branches. Visit Religare Branch Locater at http://www.religareonline.com/branches.asp
• Fill Online Account Application Form. http://www.religareonline.com/applyonline.asp
• SMS"REWARD"" and send it to 58888. Customer representative from Religare will call you with in 24 hours.

Advantages of Religare

1. Religare gives interest on unutilized cash when investor is waiting to make next trade or online investment.
2. They provide intraday reports and historical charting.
3. Varity of fee structure to fulfill need of different type of investors.

Useful links about Religare / Contact Religare at:

1. Website: www.religareonline.com
2. Email: race@religareonline.com
3. FAQs: https://nat.religaresecurities.com/stsb/presentationlayer/FAQ.pdf
4. Phone: 011-44312345
5. Toll Free: 1800-11-44-88
6. For Local Customer Care: http://www.religareonline.com/CustomerCare.asp