Religare Vs AxisDirect (Compare Religare and AxisDirect)

The side-by-side comparison of Religare and AxisDirect. Compare Religare Vs AxisDirect brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Religare vs AxisDirect?


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... Know more about Religare


AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers. AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loa... Know more about Axis Securities

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Religare Vs AxisDirect

Incorporated in 1994, Religare is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 1500 branches across India. Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.

  Religare AxisDirect
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX
Account Type My Saver Online Plan Standard Brokerage Plan
Year of Incorporation 1994 2006
Number of Branches 1500 56
Broker Enquiry Open an Online Trading Account with Religare. Leave your contact info and we will get in touch with you. Open an Online Trading Account with AxisDirect. Leave your contact info and we will get in touch with you.
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Religare Vs AxisDirect Charges & AMC

Religare trading account opening charges is ₹500 while AxisDirect account opening changes is ₹900. Religare Demat Account AMC Charges is ₹400 from second year onward and AxisDirect Demat Account AMC Charges is ₹650.

  Religare AxisDirect
Trading Account Opening Charges ₹500 ₹900
Trading Account AMC Charges Nil ₹0
Demat Account Opening Charges Nil ₹0
Demat Account AMC Charges ₹400 from second year onward ₹650
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Religare Vs AxisDirect Brokerage Charges & Plans

Religare Vs AxisDirect Brokerage

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

  Religare AxisDirect
Account Type My Saver Online Plan Standard Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.50% to 0.10% 0.50%
Equity Intraday Brokerage 0.050% to 0.010% 0.05%
Equity Futures Brokerage 0.05% 0.05%
Equity Options Brokerage ₹70 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures Trading Brokerage 0.05% 0.05%
Currency Options Trading Brokerage ₹30 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l
Commodity Futures Trading Brokerage 0.05% 0.03%
Commodity Options Trading Brokerage ₹30 per lot ₹50 per lot
Special Offer
Special Offer: Get Free Trading + Demat Account for limited time. Get the offer

Religare Charges Vs AxisDirect

Minimum Brokerage Charges 1p per share ₹20 per trade
Other Brokerage Charges
Call & Trade Charges ₹10 per executed order (max ₹50 per day) ₹20 per call
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Religare Vs AxisDirect Transaction Charges

Religare transaction charges for options is 0.06% on Premium while AxisDirect exchange transaction charges for options is NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium).

  Religare AxisDirect
Equity Delivery 0.0037% NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday 0.0037% NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Futures 0.004% NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Options 0.06% on Premium NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
Currency Futures 0.004% ₹190 per Cr (0.0019%)
Currency Options 0.06% on Premium ₹5000 per Cr (0.05%) (on premium)
Commodity 0.0035%
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Religare Vs AxisDirect Leverage (Margin)

Religare provides the margin of Upto 10x for intraday trades whereas the AxisDirect margin for intraday cash is Upto 10x.

  Religare AxisDirect
Equity Delivery Upto 4x with 24% interest per year 100% (1x)
Equity Intraday Upto 10x Upto 10x
Equity Futures Upto 3x 100% (1x)
Equity Options Upto 3x for shorting 100% (1x)
Currency Futures Upto 2x 100% (1x)
Currency Options 2x for shorting 100% (1x)
Commodity Futures Upto 3x 3x
Commodity Options 100% (1x)
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Compare Religare and AxisDirect Features

The trading platforms offered Religare include Odin Diet, Web, Dynami. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

  Religare AxisDirect
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Odin Diet, Web, Dynami DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time 3:15
Other Features Mutual Fund, EMI Calculator
Referral Program Yes
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Religare Vs AxisDirect Review

Religare is rated 2.9 of 5 based on 75 customer reviews whereas AxisDirect is rated 2.2 of 5 based on 57 customer reviews.

  Religare AxisDirect
  75 Customer Reviews    Rate Religare 57 Customer Reviews    Rate AxisDirect
Fees 3.1 2.1
Trading Brokerage 3.1 1.8
Trading Platform Usability 3.0 2.7
Customer Service 2.9 2.3
Research Capabilities 3.0 3.7
Overall Ratings Rated 2.9 stars Rated 2.2 stars
Broker Rating Religare is rated 2.9 of 5 based on 75 customer reviews AxisDirect is rated 2.2 of 5 based on 57 customer reviews
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Contact Broker / Request A Call Back

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Get Free Trading + Demat Account for limited time. Get the offer

Leave your contact information and we will get in touch with you....

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Religare Vs AxisDirect Investment Options

  Religare AxisDirect
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, ETF, Corporate FD
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Religare Vs AxisDirect Order Type Offered

  Religare AxisDirect
Bracket Order No No
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No No
Good Till Cancelled (GTC) Yes Yes
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Religare Vs AxisDirect Research Report

  Religare AxisDirect
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Religare Vs AxisDirect Suitable For Investor Type

  Religare AxisDirect
Casual Investor Yes
Active Investor
Trader
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Religare Vs AxisDirect - Pros and Cons

  Religare AxisDirect
Pros
  • 3 to 4 times exposure is given in cash as well as F&O segment.
  1. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Cons
  • 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).
  • Minimum Average Quarterly Balance(AQB) of ₹75,000 in bank account is required. ₹250 per month fee if minimum balance not maintained.
  • Charges ₹250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at ₹2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged ₹20 extra per trade
Reviews
Promo / Offers

Free Trading + Demat Account

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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