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, insurance, asset management, lending solutions, investment banking and wealth management. With 10,000+ employees across multiple geographies, Religare serves over a million clients, including corporate and institutions, high net worth families and individuals, and retail investors.
Religare Securities Ltd. (RSL), a wholly owned subsidiary of Religare Enterprises Limited (REL), an emerging markets financial services group is a market leading securities firm in India. The company offers equity & currency broking services to more than 7,50,000 clients using both, offline and online platforms and also offers depository participant services. RSL is a member of the NSE, BSE, MCXSX, USE and a depository participant with NSDL and CDSL. RSL employs more than 4800 employees and has a wide distribution reach that spans across more than 1500 locations in India.
Online platform provides customers the opportunity to trade in Equities, Commodities, Currency Futures, apply for IPOs and invest in Mutual Funds.
People who wonder where Religare word came from, it's a Latin word meaning 'to bind together'.
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Religare allows customer to choose from a wide range of financial services through its sophisticated and customized trading platform called R-ACE (Religare Advanced Client Engine). Given below are 3 types of R-ACE accounts available to investors.
R-ACE (Religare Advanced Client Engine) is a basic online trading account provided by Religare. Investors can trade and access their account information both online as well as over the phone. This account comes with a browser-based online trading platform with no requirement of an additional software installation.
R-ACE Lite is the advanced trading platform, which provides all the features as provided by R-ACE (Basic) account. Additionally it also provides real-time streaming stock quotes and alerts. This account comes with a browser-based online trading platform with no requirement of an additional software installation.
As the name indicates this account is meant for high volume traders. In addition to the features mentioned above, it also comes with a Trading Terminal Software which needs to be installed on your computer. This terminal directly connects the investor to the stock market and is equipped with all industry standard Trading Terminal features such as technical charting (intra-day and EOD), multiple watch list, advanced hot-key functions for faster trading, derivative chains, futures & options calculator etc.
For both basic and advance accounts, trading is available online and through dedicated Call N Trade Desk over phone.
Religare offers three kinds of online accounts (as stated above) with zero account opening fees. They provide different brokerage options based on the volume and frequency of trading, as well as to suit the needs of both beginners and traders.
For online trading with Religare, investor has to open an account. Following are the ways to open an account with Religare:
There are 2 simple ways to open an account with Religare:
Number of customer complaints lodged against share broker Religare:
|Exchange||Financial Year||Number of Clients *||Total Complaints **|
* Number of active clients the broker or trading member has. As per SEBI guidelines each broker reports the newly added clients to the exchange though unique client code (ucc) process. The informaiton on this page is provided by the exchange.
** The total number of complaint received against the broker at the given exchange.
Broker complaints in India - Year wise complaints received by exchange
|Religare Vs ICICIDirect||Religare Vs Sharekhan||Religare Vs Indiabulls Securities|
|Religare Vs India Infoline (IIFL)||Religare Vs Motilal Oswal||Religare Vs HDFC Securities|
|Religare Vs Reliance Securities||Religare Vs IDBI Paisabuilder||Religare Vs Geojit|
|Religare Vs Networth Direct||Religare Vs Kotak Securities||Religare Vs Standard Chartered|
|Religare Vs Angel Broking||Religare Vs HSBC Invest Direct||Religare Vs Comfort Securities|
|Religare Vs Just Trade||Religare Vs Zerodha||Religare Vs SBI Securities|
|Religare Vs Ventura||Religare Vs RK Global||Religare Vs Compositedge|
|Religare Vs RKSV||Religare Vs Trade Smart Online||Religare Vs SAS Online|
|Religare Vs MyValueTrade||Religare Vs SMC Global||Religare Vs Tradejini|
|Religare Vs Wisdom Capital||Religare Vs Achiievers Equities||Religare Vs Anand Rathi|
|Religare Vs Procon Capital||Religare Vs Upstox|
Rs 4000 Brokerage Credit
Flat Rs 20 Per Trade +
5 Free Trades Per Month +
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Flat Rs 20 Per Trade
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Unlimited Equity Trading at
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Brokerage: Intraday @ 0.02%, Delivery @ 0.15%
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