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Update On Dec 20, 2017, Edelweiss Group's wealth management unit has acquired the securities business of Religare Enterprises Ltd. The acquisition includes Religare's securities and commodities broking services along with depository participant s... Know more about Religare

Religare Stock Broker Review Ratings

69 votes  Rate Religare

Overall Rating Fees Brokerage Usability Customer Service
Rated 3.0 stars Rated 3.2 stars Rated 3.1 stars Rated 3.1 stars Rated 3.0 stars
67. Das  Sep 27, 2008 6:59:08 PM IST Reply

I have an a/c with Religare and the platform provided by my broker is RAlly-pro . For this he took Rs.1800 from me. This is not a browser based program , and not userfirndly, this can be used by a borker and or in house only. for working people this is not good if i use this one in y office they will sack me. I want to chage the platform a simple browser based one for the lowest money, I have open my CRN and i could not find out any details of my holding or my ledger a/c. I what to change my platfrom immedilaty. religare pls advice me.
66. Surender S Prajapati  Sep 23, 2008 1:29:03 PM IST Reply
What can i do if i wants to close my religare account.

Please advice as earliest as possible.

Thanks & Regards,

Surender S Prajapati
65. goutam  Sep 19, 2008 5:23:00 PM IST Reply
friend plz not open account with Religare. Religare has huge software problem. first of all it takes time to open the trading site and it hangs many times during trading hour.their customer support is very poor. please think before you open your account with religare.
64. B.E.SUBRAMANI  Sep 17, 2008 6:05:51 PM IST Reply
I am already having Demat Account(opened through Reliance money). Right now I am trading with Reliance Money but I
am not satisfied with the service. Because of there delayed response lethargical way of handling the clients
leads to loss in business. Henceforth I would like to trade
with u I possible. Since the Demant Account already opened
through Reliance money is it possible to trade though u.
Awaiting ur response with detailed Terms and Conditions.

Thanking u,

63. raja  Sep 9, 2008 3:17:33 PM IST Reply
when compared to others, religare software is slow. If you are interday trader, please look for other service provider.
62. jitendra kumar   Sep 5, 2008 9:50:36 AM IST Reply
i m jitendra , i have already account in religare but now i wan online trading so what processor of on line trading.........
61. rochak yadav  Aug 21, 2008 5:42:09 PM IST Reply
i m rochak , i have already account in religare but now i wan online trading so what processor of on line trading.........
60. mahendar  Jul 27, 2008 3:51:52 PM IST Reply
religare race pro software is best suited to slow traders
and mostly who does delivery buying & selling. Because some times orders which are pending are get stuck in that column, they niether get modified or cancelled. i.e software system hangs up some times and by the time head office staff get clear that hang the rates may go down or up. Think twice before going for religare
59. sairam  Jul 25, 2008 6:45:57 PM IST Reply
religare executives providing best service they wish to come several times whenever d customer needs service
58. manish  Jul 13, 2008 4:01:11 PM IST Reply
The Service is very bad. I cannot open New Race account. And nobody ready to answer. So please friend plz not open account with Religare. Religare has huge software problem. It hangs many times during trading hour. And you can not trade in Z group stocks.. So think twice before opening account here. My suggestion "Plz Don’t. Its really bad"
57. sanjay  Jul 10, 2008 2:20:31 PM IST Reply
religare executives giving superb service i tried reliance compare to service RELIGARE they are nothing
56. Sanjeev Srivastva  Jun 26, 2008 3:15:42 PM IST Reply
i just want to know, if i open trading account in ur concern dat the money of rs 5000 dat is required is refundable or not. can i use this amount to invest in equities. or such amount will be deemed worst.
55. deepak kumar  Jun 25, 2008 1:40:36 PM IST Reply
im race pro client and i m unable to download trading software,can anyone helpme out to get the software
54. Satish Kumar  Jun 20, 2008 7:29:59 PM IST Reply
In spite of sending 2 SMS's to your number since the last 3 weeks, the standard reply was "Our religare team will contact you". In splite of the lapse of time of 3 weeks still it is unfortunate that no body from your end has the time to contact the customer.
Would you not think it is bad service ?
If the service at the initial stage is like this then what can be expected in the future ?
53. Saurabh jain  Jun 4, 2008 5:34:26 PM IST Reply
Hi frnds .... I have a online account with religare, R-ACE Pro ... I paid Rs. 1800 for this, refundable... only if u give them brokerage of more than 1800 in a year... The software is good but the people r not good ... they care for u only if u r BIG CLIENT and bull s- - t if u r small client... my experiance is not good with them ... they charge interest on delayed payemnt ...for them, delayed payment means that if u buy shares on monday pay on tuesday else they charge interest and pay nothing for unutilised amt... my RM left the Religare and no one bothered to inform me abt that and it has been more than 4-5 months i have no informatin abt my RM....
In short after having experiance with them and listening to the views of other small investors i have come to conclusion that .... small investors shud open account with local brokers only or at the most brokers with regional operations only .... they atleast give u good service and if u have any problem they listen to u patiently and solve it immediately ....
52. Anubhav  Jun 4, 2008 2:03:33 AM IST Reply
Hi ,
i new in this field n i want to start trading but i m not able select the broker as when i opt to go for RELIANCE MONEY , i find there is much negligience from there side n i found same thing here And in case of SARE KHAN i found there broakage is on d bit higher side
51. KD DEEPAk  May 30, 2008 6:51:05 PM IST Reply
RELIGARE is the worst service provider. haven't recd my refund of RELIANCE POWER IPO yet. No help from customer care.
50. GANESH ACHARYA  May 27, 2008 9:31:07 PM IST Reply
I felt out of all brokarae house, RELIGARE is the worst service provider.i have accounts with icicidirect, reliance money, indiainfo and of course INDIABULLS.
the best ever in the broking house is indiabulls.
the customised software is damm good. ( power indiabulls)(PIB))
in religare if you are placing a short call with huge qty ( 500 to 7000), then their software fails to square off your position, as a result the whole short call's quantity will be taken as delivery........ ( really surprising!!!!)
the instead of intraday brokarage they will charge with hefty delivery brokarage( this happend with my account's N' no. of times). in my case they have taken delivery for nearly 80 lakh rupees shares as delivery, and they sucked my money like anything........ as brokarage.
if u ask them,they will tell you that" they can't do anything for technical problem........."
icicidirect is not a user friendly account.
in indiabulls you can at a time watch N no. of orderbooks ( market depth in case of religare, best 5 bid/ in case of icicidirect)
in all other trading software, at a time you can hardly watch 1 order book, not more than that.

for more information refer

Thanks ..........
49. RATNESH HARNAGLE  May 19, 2008 1:11:08 PM IST Reply
48. Nilesh  May 12, 2008 3:04:11 PM IST Reply
The best thing about Religare is that its web site works only in Internet Explorer. I am using linux machine and it obviously dont run IE. I use Mozilla and Religare site succks... here. So, I will suggest if you dont have option of IE dont fo with Religare.

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