ICICIDirect Vs Religare (Compare ICICIDirect and Religare)
The side-by-side comparison of ICICIDirect and Religare. Compare ICICIDirect Vs Religare brokerage, charges, exposure margin, demat account. Read Religare and ICICIDirect review.
Find out ICICIDirect Vs Religare which is better and ICICIDirect Vs Religare which is best.
Our ICICI Securities Pvt Ltd. comparison with Religare highlights the major differences between two brokers. Find the best between ICICIDirect and Religare.
ICICIdirect is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group...
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...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE
BSE, NSE, MCX
Account Type
3-in-1 Account (I-Secure Plan)
My Saver Online Plan
Broker Enquiry
Year of Incorporation
2000
1994
Number of Branches
154
1500
ICICIDirect Vs Religare Charges
ICICIDirect
Religare
Trading Account Opening Fees
₹975
₹500
Trading Account AMC
₹0
Nil
Demat Account Opening Fees
₹0
Nil
Demat Account AMC
₹450
₹400 from second year onward
Demat Account is Mandatory?
No
No
ICICIDirect Vs Religare Brokerage
Brokerage Plan 1
ICICIDirect
Religare
Account Type
3-in-1 Account (I-Secure Plan)
My Saver Online Plan
Fixed Charges
Equity Delivery Brokerage
0.55%
0.50% to 0.10%
Equity Intraday Brokerage
0.275%
0.050% to 0.010%
Equity Futures Brokerage
0.05% to 0.03%
0.05%
Equity Options Brokerage
₹95 to ₹35 per lot
₹70 per lot
Currency Futures Trading Brokerage
0.050% to 0.030%
0.05%
Currency Options Trading Brokerage
₹25 to ₹10 per lot
₹30 per lot
Commodity Futures Trading Brokerage
NA
0.05%
Commodity Options Trading Brokerage
NA
₹30 per lot
Brokerage Plan 2
ICICIDirect
Religare
Account Type
I-Saver Plan
My Saver Online Plan
Fixed Charges
Equity Delivery Brokerage
0.75% to 0.25%
0.50% to 0.10%
Equity Intraday Brokerage
0.75% to 0.25%
0.050% to 0.010%
Equity Futures Brokerage
0.05% to 0.03%
0.05%
Equity Options Brokerage
₹95 to ₹65 per lot
₹70 per lot
Currency Futures Trading Brokerage
0.05% to 0.03%
0.05%
Currency Options Trading Brokerage
₹95 to ₹65 per lot
₹30 per lot
Commodity Futures Trading Brokerage
NA
0.05%
Commodity Options Trading Brokerage
₹30 per lot
Other Charges
Minimum Brokerage Charges
₹35 per trade
1p per share
Other Brokerage Charges
Call & Trade Charges
₹25 per call after first 20 free calls per month
₹10 per executed order (max Rs 50 per day)
ICICIDirect Vs Religare Taxes
ICICIDirect
Religare
Securities Transaction Tax (STT)
Equity Intraday
0.025% (on Sell trade)
Equity Delivery
0.1% (on Buy and Sell)
Equity Futures
0.01% (on Sell trade)
Equity Options
0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures
Nil
Currency Options
Nil
Commodities
0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
ICICIDirect Vs Religare Transaction Charges
ICICIDirect
Religare
Equity Delivery
NSE: 0.0031% | BSE: 0.0028%
0.0037%
Equity Intraday
NSE: 0.0031% | BSE: 0.0028%
0.0037%
Equity Futures
0.0018%
0.004%
Equity Options
0.05% on Premium
0.06% on Premium
Currency Futures
0.0012%
0.004%
Currency Options
0.05% on Premium
0.06% on Premium
Commodity
NA
0.0035%
ICICIDirect Vs Religare Exposure Margin
ICICIDirect
Religare
Equity Delivery
5x with Interest
Upto 4x with 24% interest per year
Equity Intraday
Upto 25x
Upto 10x
Equity Futures
4x
Upto 3x
Equity Options
2x for shorting
Upto 3x for shorting
Currency Futures
NA
Upto 2x
Currency Options
NA
2x for shorting
Commodity Futures
NA
Upto 3x
Commodity Options
ICICIDirect and Religare Feature Comparison
ICICIDirect
Religare
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App
Odin Diet, Web, Dynami
Intraday Square-off Time
3:30 PM
Other Features
Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Mutual Fund, EMI Calculator
Referral Program
ICICIDirect Vs Religare Review
ICICIDirect
Religare
403 Customer Reviews
71 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
ICICIDirect is Rated 2.4 / 5 based on 403 customer reviews
Religare is Rated 2.9 / 5 based on 71 customer reviews
Zerodha
Zero Account Opening Fee