IDBI Capital Vs Religare (Compare IDBI Capital and Religare)

IDBI Capital Vs Religare

Incorporated in 1993, IDBI Capital is a Full Service Broker. It offers trading at BSE, NSE, NSDL. It has 14 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.

	IDBI Capital	Religare
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE, NSDL	BSE, NSE, MCX
Year of Incorporation	1993	1994
Number of Branches	14	1500
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IDBI Capital Vs Religare Charges & AMC

IDBI Capital trading account opening charges is Rs 500 while Religare account opening changes is Rs 500. IDBI Capital Demat Account AMC Charges is Rs 450 and Religare Demat Account AMC Charges is Rs 400 from second year onward.

	IDBI Capital	Religare
Trading Account Opening Charges	Rs 500	Rs 500
Trading Account AMC Charges	NIL	Nil
Demat Account Opening Charges	NIL	Nil
Demat Account AMC Charges	Rs 450	Rs 400 from second year onward

IDBI Capital Vs Religare Brokerage

IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas Religare brokerage charges for equity is 0.50% to 0.10% and intraday is 0.050% to 0.010%.

	IDBI Capital	Religare
Account Type	Standard Plan	My Saver Online Plan
Fixed Charges
Equity Delivery	0.50%	0.50% to 0.10%
Equity Intraday	0.05%	0.050% to 0.010%
Equity Futures	0.05%	0.05%
Equity Options	Rs 100 per lot	Rs 70 per lot
Currency Futures	NA	0.05%
Currency Options	NA	Rs 30 per lot
Commodity Futures	NA	0.05%
Commodity Options	NA	Rs 30 per lot
Special Offer		Special Offer: Get Free Trading + Demat Account for limited time. Get the offer

IDBI Capital Vs Religare Brokerage Plan 2

	IDBI Capital	Religare
Account Type	Ace Trader Plan	My Saver Online Plan
Fixed Charges
Equity Delivery	0.10% to 0.50%	0.50% to 0.10%
Equity Intraday	0.020% to 0.050%	0.050% to 0.010%
Equity Futures	0.020% to 0.048%	0.05%
Equity Options	Rs 100 per lot	Rs 70 per lot
Currency Futures		0.05%
Currency Options		Rs 30 per lot
Commodity Futures		0.05%
Commodity Options		Rs 30 per lot
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IDBI Capital Charges Vs Religare

Minimum Brokerage	Rs 25 per trade or 2.5% of the trade value whichever is lower.	1p per share
Other Charges
Call & Trade Charges	Nil	Rs 10 per executed order (max Rs 50 per day)

IDBI Capital Vs Religare Transaction Charges

IDBI Capital transaction charges for options is 0.051% on premium while Religare exchange transaction charges for options is 0.06% on Premium.

	IDBI Capital	Religare
Equity Delivery	0.00325%	0.0037%
Equity Intraday	0.00325%	0.0037%
Equity Futures	0.0019%	0.004%
Equity Options	0.051% on premium	0.06% on Premium
Currency Futures	NA	0.004%
Currency Options	NA	0.06% on Premium
Commodity	NA	0.0035%
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IDBI Capital Vs Religare Leverage (Margin)

IDBI Capital margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Religare margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	IDBI Capital	Religare
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare IDBI Capital and Religare Features

The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. Religare offers Odin Diet, Web, Dynami trading software.

	IDBI Capital	Religare
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Power Pro, Power Streaming, IDBI Direct	Odin Diet, Web, Dynami
Intraday Square-off Time	3:00 PM
Other Features	Morning Report, Equity SIP, Investment Guide	Mutual Fund, EMI Calculator
Referral Program
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IDBI Capital Vs Religare Review

IDBI Capital is rated 2.7 of 5 based on 40 customer reviews whereas Religare is rated 2.9 of 5 based on 77 customer reviews.

	IDBI Capital	Religare
	40 Customer Reviews	77 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IDBI Capital is rated 2.7 of 5 based on 40 customer reviews	Religare is rated 2.9 of 5 based on 77 customer reviews

IDBI Capital Vs Religare Investment Options

	IDBI Capital	Religare
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

IDBI Capital Vs Religare Order Type Offered

	IDBI Capital	Religare
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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IDBI Capital Vs Religare Research Report

	IDBI Capital	Religare
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

IDBI Capital Vs Religare Suitable For Investor Type

	IDBI Capital	Religare
Casual Investor
Active Investor
Trader

IDBI Capital Vs Religare - Pros and Cons

	IDBI Capital	Religare
Pros	- Prepaid plans are available for volume traders.	3 to 4 times exposure is given in cash as well as F&O segment.
Cons	- Additional charge of Rs 2000 per year for installable trading platform.	EXE Based trading terminal are available for Rs 999 per annum. Call and Trade is charged at Rs 10 per executed order (maximum Rs 50 per day in a segment).
Reviews
Promo / Offers		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.
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