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Edelweiss
5Paisa
IIFL Sec
Sharekhan
ICICIdirect
HDFC Sec
SBI Capital
Axis Direct
Kotak Sec
TradeSmart
Fyers
Alice Blue
Tradeplus
SAS Online
GCL Sec
Groww
ICICIdirect
ICICIdirect is one of the largest retail stock brokers in India. It is part of the ICICI Group. It offers online trading and investment services to over 50 lakhs customers. The services offered include equity, commodity, and currency trading at BSE, NSE, and MCX. The company also offers Mutual Fund & IPO, Fixed deposits, Bond, NCD, wealth products, Home Loans, Loans against Securities, etc.
ICICIdirect's most popular service is its 3-in-1 account, which includes ICICI Bank Account, ICICI Tr... 
Religare
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 services.
Incorporated in 1986, Religare Securities Ltd (RSL) is a subsidiary of Religare Enterprises Limited, New Delhi based diversified financial group.
Religare Securities offers retail broking, depository services and other related investme...
Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 1994, Religare is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 1500 branches across India.
| ICICIdirect | Religare | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE, MCX |
| Year of Incorporation | 2000 | 1994 |
| Number of Branches | 154 | 1500 |
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| Open ICICIdirect Account | Enquire Religare |
ICICIdirect trading account opening charges is Rs 0 (Free) while Religare account opening changes is Rs 500. ICICIdirect Demat Account AMC Charges is Rs 300 (from 2nd year) and Religare Demat Account AMC Charges is Rs 400 from second year onward.
| ICICIdirect | Religare | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 500 |
| Trading Account AMC Charges | Rs 0 (Free) | Nil |
| Demat Account Opening Charges | Rs 0 (Free) | Nil |
| Demat Account AMC Charges | Rs 300 (from 2nd year) | Rs 400 from second year onward |
ICICIdirect brokerage charges for equity is 0.55% and intraday is Rs 20 per order whereas Religare brokerage charges for equity is 0.50% to 0.10% and intraday is 0.050% to 0.010%.
| ICICIdirect | Religare | |
|---|---|---|
| Account Type | ICICI Neo Plan | My Saver Online Plan |
| Fixed Charges | NA | |
| Equity Delivery | 0.55% | 0.50% to 0.10% |
| Equity Intraday | Rs 20 per order | 0.050% to 0.010% |
| Equity Futures | Rs 0 (Free) | 0.05% |
| Equity Options | Rs 20 per order | Rs 70 per lot |
| Currency Futures | Rs 20 per order | 0.05% |
| Currency Options | Rs 20 per order | Rs 30 per lot |
| Commodity Futures | Rs 20 per order | 0.05% |
| Commodity Options | Rs 20 per order | Rs 30 per lot |
| Special Offer | Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 30 minutes from sell orders + Free trading tips. Open Instant Account Now
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Special Offer: Get Free Trading + Demat Account for limited time. Get the offer |
| ICICIdirect | Religare | |
|---|---|---|
| Account Type | I-Secure Plan | My Saver Online Plan |
| Fixed Charges | NA | |
| Equity Delivery | 0.55% | 0.50% to 0.10% |
| Equity Intraday | 0.275% | 0.050% to 0.010% |
| Equity Futures | 0.05% | 0.05% |
| Equity Options | Rs 95 per lot | Rs 70 per lot |
| Currency Futures | Rs 20 per order | 0.05% |
| Currency Options | Rs 20 per order | Rs 30 per lot |
| Commodity Futures | Rs 20 per order | 0.05% |
| Commodity Options | Rs 20 per order | Rs 30 per lot |
| Open ICICIdirect Account | Enquire Religare |
| Minimum Brokerage | Rs 35 per trade (I-Secure Plan) | 1p per share |
| Other Charges | Margin Trading Interest: 0.025% Per day | |
| Call & Trade Charges | Rs 50 per trade | Rs 10 per executed order (max Rs 50 per day) |
ICICIdirect transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while Religare exchange transaction charges for options is 0.06% on Premium.
| ICICIdirect | Religare | |
|---|---|---|
| Equity Delivery | NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) | 0.0037% |
| Equity Intraday | NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) | 0.0037% |
| Equity Futures | Rs 180 per Cr (0.0018%) | 0.004% |
| Equity Options | Rs 5000 per Cr (0.05%) (on premium) | 0.06% on Premium |
| Currency Futures | Rs 120 per Cr (0.0012%) | 0.004% |
| Currency Options | Rs 5000 per Cr (0.05%) (on premium) | 0.06% on Premium |
| Commodity | Group A - Rs 260 per Cr (0.0026%) | 0.0035% |
| Open ICICIdirect Account | Enquire Religare |
ICICIdirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Religare margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| ICICIdirect | Religare | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open ICICIdirect Account | Enquire Religare |
The trading platforms offered ICICIdirect include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. Religare offers Odin Diet, Web, Dynami trading software.
| ICICIdirect | Religare | |
|---|---|---|
| 3 in 1 Account |  |
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| Charting | |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding | |
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| Margin Against Shares (Equity Cash) | |
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| Margin Against Shares (Equity F&O) | |
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| 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 | ||
| Open ICICIdirect Account | Enquire Religare |
ICICIdirect is rated 2.4 of 5 based on 453 customer reviews whereas Religare is rated 2.9 of 5 based on 77 customer reviews.
| ICICIdirect | Religare | |
|---|---|---|
453 Customer Reviews  |
77 Customer Reviews |
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| Broker Rating | ICICIdirect is rated 2.4 of 5 based on 453 customer reviews | Religare is rated 2.9 of 5 based on 77 customer reviews |
| ICICIdirect Enquire | Religare Enquire | |
|---|---|---|
| Contact Broker | ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 30 minutes from sell orders + Free trading tips. Open Instant Account Now | Get Free Trading + Demat Account for limited time. Get the offer |
| ICICIdirect | Religare | |
|---|---|---|
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| Commodity | |
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| Currency | |
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| IPO | |
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| Mutual Funds | |
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| Bond / NCD | |
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| Debt | |
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| Other Investment Options | Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS |
| ICICIdirect | Religare | |
|---|---|---|
| Bracket Order | |
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| Cover Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| Open ICICIdirect Account | Enquire Religare |
| ICICIdirect | Religare | |
|---|---|---|
| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| ICICIdirect | Religare | |
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| Casual Investor | |
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| Active Investor | ||
| Trader |
| ICICIdirect | Religare | |
|---|---|---|
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| Promo / Offers | ICICIdirect Neo Plan (Discount Brokerage)Open a 3-in-1 account with Neo Plan for:
Interested in opening a trading account? Open Instant Account Now |
Religare offer FREE Trading + Demat Account. In addition you get Rs 0 AMC on Demat Account for 1st year. This is a limited time offer. Simply leave your contact information with us and Religare representatives will contact you. |
| Open ICICIdirect Account | Enquire Religare |
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
Open ICICIdirect Account
