Unlimited Trading @ Rs 899 per month - Prostocks

Religare Vs AxisDirect (Compare Religare and AxisDirect)

The side-by-side comparison of Religare and AxisDirect. Compare Religare Vs AxisDirect brokerage, charges, exposure margin, demat account. Read AxisDirect and Religare review.

Find out Religare Vs AxisDirect which is better and Religare Vs AxisDirect which is best.

Our Religare comparison with Axis Securities highlights the major differences between two brokers. Find the best between Religare and AxisDirect.

Expand

Religare Vs AxisDirect

  Religare AxisDirect
Find more info about broker
Religare Logo Axis Securities Logo
About the Broker 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... Know more about Religare 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 AxisDir... Know more about Axis Securities
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type My Saver Online Plan Trade@20 (SA75000)
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.
Year of Incorporation 1994 2006
Number of Branches 1500 56
Enquire Religare Enquire AxisDirect
Expand

Religare Vs AxisDirect Charges

  Religare AxisDirect
Trading Account Opening Fees ₹500 ₹900
Trading Account AMC Nil ₹0
Demat Account Opening Fees Nil ₹0
Demat Account AMC ₹400 from second year onward ₹650
Demat Account is Mandatory? No No
Expand

Religare Vs AxisDirect Brokerage

Brokerage Plan 1

  Religare AxisDirect
Account Type My Saver Online Plan Trade@20 (SA75000)
Fixed Charges
Equity Delivery Brokerage 0.50% to 0.10% ₹20 per executed order
Equity Intraday Brokerage 0.050% to 0.010% ₹20 per executed order
Equity Futures Brokerage 0.05% ₹20 per executed order
Equity Options Brokerage ₹70 per lot ₹20 per executed order
Currency Futures Trading Brokerage 0.05% NA
Currency Options Trading Brokerage ₹30 per lot NA
Commodity Futures Trading Brokerage 0.05% NA
Commodity Options Trading Brokerage ₹30 per lot NA
Special Offer
Special Offer: Get Free Trading + Demat Account for limited time. Get the offer

Brokerage Plan 2

  Religare AxisDirect
Account Type My Saver Online Plan Fixed Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.50% to 0.10% 0.50% (Each Leg)
Equity Intraday Brokerage 0.050% to 0.010% 0.05% (Each Leg)
Equity Futures Brokerage 0.05% 0.05% (Each Leg)
Equity Options Brokerage ₹70 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures Trading Brokerage 0.05% 0.05% (Each Leg)
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% (Each Leg)
Commodity Options Trading Brokerage ₹30 per lot ₹50 per lot

Other Charges

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
Expand

Religare Vs AxisDirect Taxes

  Religare AxisDirect
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% 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.
Expand

Religare Vs AxisDirect Transaction Charges

  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%
Expand

Religare Vs AxisDirect Exposure Margin

  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)
Expand

Religare and AxisDirect Feature Comparison

  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
Expand

Religare Vs AxisDirect Review

  Religare AxisDirect
  72 Customer Reviews    Rate Religare 53 Customer Reviews    Rate AxisDirect
Fees 3.2 2.1
Trading Brokerage 3.1 1.8
Trading Platform Usability 3.0 2.8
Customer Service 3.0 2.4
Research Capabilities 5.0
Overall Ratings Rated 2.9 stars Rated 2.2 stars
Broker Rating Religare is Rated 2.9 / 5 based on 72 customer reviews AxisDirect is Rated 2.2 / 5 based on 53 customer reviews
Expand

Contact Broker / Request A Call Back

  Religare Enquire AxisDirect Enquire
Contact Broker

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

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

Expand

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
Expand

Religare Vs AxisDirect Customer Service

  Religare AxisDirect
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes Yes
Expand

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
Expand

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
Expand

Religare Vs AxisDirect Suitable For Investor Type

  Religare AxisDirect
Casual Investor Yes
Active Investor
Trader
Expand

Religare Vs AxisDirect - Advantages and Disadvantages

  Religare AxisDirect
Pros
  • 3 to 4 times exposure is given in cash as well as F&O segment.

More Advantages...

  1. Brokerage of flat ₹20 per trade in Equity and Equity Derivatives.
  2. Offers 3-in-1 investment account
  3. Free research reports
  4. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts

More Advantages...

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).

More Disadvantages...

  • 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

More Disadvantages...

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.

Compare More Brokers:



Message Board

Stock Message Board



Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App