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Religare Stock Trading, Demat, Brokerage and Reviews

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Religare is an emerging markets financial services group with a presence across Asia, Africa, Middle East, Europe, and the Americas. In India, Religare's largest market, the group offers a wide array of products and services including broking, insur... Know more about Religare

Religare Stock Broker Review Ratings

59 votes  Rate Religare

Overall Rating Fees Brokerage Usability Customer Service
Rated 3.0 stars Rated 3.3 stars Rated 3.2 stars Rated 3.1 stars Rated 2.9 stars
73. saravanan  Nov 1, 2008 6:03:05 PM IST Reply
We thank you for your interest in Religare. Please find below brief information about the product.

R-ACE is for those clients who want to do seamless online trading with many additional features like integrated payment gateway, integrated DP, back office and trading account, technical charting and many other useful features. R-ACE can help the clients trade online (through internet) from any location. The idea behind this product is to automate the whole trading process and reduce manual intervention.

Salient Features

1Interest @ 3% the margin deposited.

2) Brokerage as low as 0.01% & 0.1% (Under special scheme)

3) Real time streaming quotes.

4) NSE cash segment, NSE F&O and BSE on single platform.

5) Online transfer of funds through multiple banks.(ICICI, UTI, HDFC & CITI)

6) Technical charting (Intraday and End Of Day )

7) Integrated DP, back office and trading account.

Depending on clients requirements we have three platforms to offer for online trading:

1. R-ACE (Basic Version): This is a browser based online trading platform with all the basic features required to make transaction using Internet Explorer.

o Account Opening Charges: Rs. 299

o Initial margin: Rs 5000

2. R-ACE Lite (Applet Version): This is a browser based version with streaming quotes facility which will help the client to monitor the market and make quick buy and sell transactions.

o Account Opening Charges: Rs. 499

o Initial margin: Rs 5000

3. R-ACE Pro (Application Version): This is a trading terminal with streaming quotes, technical charting and many advanced features. The trading terminal can be downloaded from our website and can be run from any location.

72. Naveen Kumar Singh  Oct 20, 2008 5:48:50 PM IST Reply
Dear Concern, I am your client, my client id is N143064, My daily tarding volume is avg.10 lakh and above. Please consider my brokerage plan.I dont go with Trump Plus,Trum Super or etc. I have alraedy work with 0.30 and 0.03 with other company. If u not reduce my brokearge charge than i will withdraw demat ac from your company. Your Race Pro is not working properly when sensex is very low. Most of the time server not responding. Please improve your serveice. Your Patna Operation Team told me i am not looking service. Regards, Naveen Kumar SinghN143064Cell No:-9835288475
71. sanjay  Oct 11, 2008 8:48:03 PM IST Reply
hai vijaykumar just mail to Email with in a working day ur queries will be sort out
70. llakshmii  Oct 4, 2008 7:52:31 AM IST Reply
I do maintain ac with religare for more than 3 years with all dissatisfaction.They never bother to understand your mails, but simply reply with a standard monotonous reply which does not servce any purpose. absolute useless software, unfriendly webpage, which do not open most of the times using crn no.
69. david singla  Oct 1, 2008 7:41:34 PM IST Reply
i already have a demat account with u.i want to work online so plz help in getting online account with u.
PLZ make reply on my e-mail id
68. Moon  Sep 28, 2008 1:11:37 PM IST Reply

Religare people are bold, they never give u a reply properly, charges are very high, and if 1 day delay in clearing ur cheque they will sell ur shares and adjust your money without informing you.
That is what I understood-so be carefull
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 Dont. 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 ?

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