Indiabulls Vs Religare (Compare Indiabulls and Religare)
The side-by-side comparison of Indiabulls and Religare. Compare Indiabulls Vs Religare brokerage, charges, exposure margin, demat account. Read Religare and Indiabulls review.
Find out Indiabulls Vs Religare which is better and Indiabulls Vs Religare which is best.
Our Indiabulls Ventures Limited comparison with Religare highlights the major differences between two brokers. Find the best between Indiabulls and Religare.
Indiabulls Vs Religare
Indiabulls
Religare
Find more info about broker
About the Broker
Indiabulls Shubh is a discount stock broker offering ultra-low brokerage plans. Indiabulls is among the best stock broker in India with offering including unlimited trading plans, free trading platforms, free call & trade, free research and zero ...
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
Discount Broker
Full Service Broker
Supported Exchnage
BSE, NSE and MCX
BSE, NSE, MCX
Account Type
Equity Unlimited Trade
My Saver Online Plan
Broker Enquiry
Year of Incorporation
2000
1994
Number of Branches
18
1500
Enquire Indiabulls
Enquire Religare
Indiabulls Vs Religare Charges
Indiabulls
Religare
Trading Account Opening Fees
₹500
₹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
Indiabulls Vs Religare Brokerage
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
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
Other Charges
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 Taxes
Indiabulls
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.
Indiabulls Vs Religare Transaction Charges
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%
Indiabulls Vs Religare Exposure Margin
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
Indiabulls and Religare Feature Comparison
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
Indiabulls Vs Religare Review
Indiabulls
Religare
45 Customer Reviews
72 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Indiabulls is Rated 3.2 / 5 based on 45 customer reviews Religare is Rated 2.9 / 5 based on 72 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 Customer Service
Indiabulls
Religare
24/7 Customer Service
Onine Live Chat
Through Branches
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)
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 - Advantages and Disadvantages
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.
More Advantages...
3 to 4 times exposure is given in cash as well as F&O segment.
More Advantages...
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.
More Disadvantages...
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).
More Disadvantages...
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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