Indiabulls Vs Religare (Compare Indiabulls and Religare)

Indiabulls Vs Religare

Incorporated in 2000, Indiabulls is a Full Service Broker. It offers trading at BSE, NSE and MCX. It has 18 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.

	Indiabulls	Religare
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE and MCX	BSE, NSE, MCX
Account Type	Equity Unlimited Trade	My Saver Online Plan
Year of Incorporation	2000	1994
Number of Branches	18	1500
Broker Enquiry
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Indiabulls Vs Religare Charges & AMC

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

	Indiabulls	Religare
Trading Account Opening Charges	₹500	₹500
Trading Account AMC Charges	₹0	Nil
Demat Account Opening Charges	₹0	Nil
Demat Account AMC Charges	₹450	₹400 from second year onward

Indiabulls Vs Religare Brokerage

Indiabulls brokerage charges for equity is ₹0 (Free) and intraday is ₹0 (Free) whereas Religare brokerage charges for equity is 0.50% to 0.10% and intraday is 0.050% to 0.010%.

	Indiabulls	Religare
Account Type	Equity Unlimited Trade	My Saver Online Plan
Fixed Charges	₹1000
Equity Delivery Brokerage	₹0 (Free)	0.50% to 0.10%
Equity Intraday Brokerage	₹0 (Free)	0.050% to 0.010%
Equity Futures Brokerage	₹15 per trade	0.05%
Equity Options Brokerage	₹15 per trade	₹70 per lot
Currency Futures Trading Brokerage	₹15 per trade	0.05%
Currency Options Trading Brokerage	₹15 per trade	₹30 per lot
Commodity Futures Trading Brokerage	0.03%	0.05%
Commodity Options Trading Brokerage	0.03%	₹30 per lot
Special Offer	Special Offer: FREE Unlimited Trading for 1st Month (₹1000 waived) Get the offer	Special Offer: Get Free Trading + Demat Account for limited time. Get the offer

Indiabulls Vs Religare Brokerage Plan 2

	Indiabulls	Religare
Account Type	F&O Unlimited Trade	My Saver Online Plan
Fixed Charges	₹1000
Equity Delivery Brokerage	₹15 per trade	0.50% to 0.10%
Equity Intraday Brokerage	₹15 per trade	0.050% to 0.010%
Equity Futures Brokerage	₹0 (Free)	0.05%
Equity Options Brokerage	₹0 (Free)	₹70 per lot
Currency Futures Trading Brokerage	₹0 (Free)	0.05%
Currency Options Trading Brokerage	₹0 (Free)	₹30 per lot
Commodity Futures Trading Brokerage	0.03%	0.05%
Commodity Options Trading Brokerage	0.03%	₹30 per lot
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Indiabulls Vs Religare Brokerage Plan 3

	Indiabulls	Religare
Account Type	Base Plan	My Saver Online Plan
Fixed Charges	NA
Equity Delivery Brokerage	₹0 (Free)	0.50% to 0.10%
Equity Intraday Brokerage	₹15 per executed order	0.050% to 0.010%
Equity Futures Brokerage	₹15 per executed order	0.05%
Equity Options Brokerage	₹15 per executed order	₹70 per lot
Currency Futures Trading Brokerage	₹15 per executed order	0.05%
Currency Options Trading Brokerage	₹15 per executed order	₹30 per lot
Commodity Futures Trading Brokerage	0.03%	0.05%
Commodity Options Trading Brokerage	0.03%	₹30 per lot
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Indiabulls Charges Vs Religare

Minimum Brokerage Charges	₹0 (Unlimited Plan), ₹15 (Per Trade Plan)	1p per share
Other Brokerage Charges
Call & Trade Charges	₹0 (Free)	₹10 per executed order (max ₹50 per day)

Indiabulls Vs Religare Transaction Charges

Indiabulls transaction charges for options is ₹5500 per crore (on premium) (0.055%) while Religare exchange transaction charges for options is 0.06% on Premium.

	Indiabulls	Religare
Equity Delivery	₹325 per crore (0.00325%)	0.0037%
Equity Intraday	₹325 per crore (0.00325%)	0.0037%
Equity Futures	₹250 per crore (0.0025%)	0.004%
Equity Options	₹5500 per crore (on premium) (0.055%)	0.06% on Premium
Currency Futures	₹250 per crore (0.0025%)	0.004%
Currency Options	₹5500 per crore (on premium) (0.055%)	0.06% on Premium
Commodity		0.0035%
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Indiabulls Vs Religare Leverage (Margin)

Indiabulls provides the margin of Up to 5x (based on the stock) for intraday trades whereas the Religare margin for intraday cash is Upto 10x.

	Indiabulls	Religare
Equity Delivery	1x (no margin)	Upto 4x with 24% interest per year
Equity Intraday	Up to 5x (based on the stock)	Upto 10x
Equity Futures	Intra-day: 4x | Carry forward: 1x (no margin)	Upto 3x
Equity Options	Intra-day: 4x | Carry forward: 1x	Upto 3x for shorting
Currency Futures	Intra-day: 2x | Carry forward: 1x	Upto 2x
Currency Options	Intra-day: 2x | Carry forward: 1x	2x for shorting
Commodity Futures	NA	Upto 3x
Commodity Options	NA
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Compare Indiabulls and Religare Features

The trading platforms offered Indiabulls include SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB). Religare offers Odin Diet, Web, Dynami trading software.

	Indiabulls	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	SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB)	Odin Diet, Web, Dynami
Intraday Square-off Time
Other Features	Live News, World market summary	Mutual Fund, EMI Calculator
Referral Program
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Indiabulls Vs Religare Review

Indiabulls is rated 3.2 of 5 based on 48 customer reviews whereas Religare is rated 2.9 of 5 based on 75 customer reviews.

	Indiabulls	Religare
	48 Customer Reviews	75 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Indiabulls is rated 3.2 of 5 based on 48 customer reviews	Religare is rated 2.9 of 5 based on 75 customer reviews

Indiabulls Vs Religare Investment Options

	Indiabulls	Religare
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Indiabulls Vs Religare Order Type Offered

	Indiabulls	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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Indiabulls Vs Religare Research Report

	Indiabulls	Religare
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Indiabulls Vs Religare Suitable For Investor Type

	Indiabulls	Religare
Casual Investor
Active Investor
Trader

Indiabulls Vs Religare - Pros and Cons

	Indiabulls	Religare
Pros	Brokerages free equity delivery trading. Truly no brokerage charges for cash & carry trades. Interest-free Margin Funding in Unlimited Trading plan. Margin funding is available at a low cost of 12% per annum in ₹15/trade plan. Free trading software. Free research reports and trading tips to all the customers. Years of experience, trust and good track record in stock broker business.	3 to 4 times exposure is given in cash as well as F&O segment.
Cons	Online IPO and Mutual Fund investment are not available in Indiabulls Shubh App. Local branch support is not available to online customers. Advance order types i.e. Bracket Order, Cover Order are not available in monthly unlimited trading plans. Margin against share is not available in Unlimited Trading Plans.	EXE Based trading terminal are available for ₹999 per annum. Call and Trade is charged at ₹10 per executed order (maximum ₹50 per day in a segment).
Reviews
Promo / Offers	Limited Time Offer - FREE Unlimited Trading for 1st Month (₹1000 waived) Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at ₹1000/month or Trade at flat ₹15 per executed order. Get this limited time offer	Religare offer FREE Trading + Demat Account. In addition you get ₹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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