Religare Vs Finvasia (Compare Religare and Finvasia)
The side-by-side comparison of Religare and Finvasia. Compare Religare Vs Finvasia brokerage, charges, exposure margin, demat account. Read Finvasia and Religare review.
Find out Religare Vs Finvasia which is better and Religare Vs Finvasia which is best.
Our Religare comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Religare and Finvasia.
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...
Finvasia is India based technology–driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset manageme...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX
Account Type
My Saver Online Plan
Standard
Broker Enquiry
Year of Incorporation
1994
Number of Branches
1500
Religare Vs Finvasia Charges
Religare
Finvasia Securities Pvt Ltd
Trading Account Opening Fees
₹500
₹0 (Free)
Trading Account AMC
Nil
₹0 (Free)
Demat Account Opening Fees
Nil
₹0 (Free)
Demat Account AMC
₹400 from second year onward
₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory?
No
No
Religare Vs Finvasia Brokerage
Brokerage Plan 1
Religare
Finvasia Securities Pvt Ltd
Account Type
My Saver Online Plan
Standard
Fixed Charges
Equity Delivery Brokerage
0.50% to 0.10%
₹0
Equity Intraday Brokerage
0.050% to 0.010%
₹0
Equity Futures Brokerage
0.05%
₹0
Equity Options Brokerage
₹70 per lot
₹0
Currency Futures Trading Brokerage
0.05%
₹0
Currency Options Trading Brokerage
₹30 per lot
₹0
Commodity Futures Trading Brokerage
0.05%
₹0
Commodity Options Trading Brokerage
₹30 per lot
Other Charges
Minimum Brokerage Charges
1p per share
₹0
Other Brokerage Charges
None
Call & Trade Charges
₹10 per executed order (max Rs 50 per day)
₹0
Religare Vs Finvasia Taxes
Religare
Finvasia Securities Pvt Ltd
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)
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
Check table below
SEBI Charges
Rs 15 per Crore
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Charged as per the state of the client's correspondence address.
Religare Vs Finvasia Transaction Charges
Religare
Finvasia Securities Pvt Ltd
Equity Delivery
0.0037%
₹325/crore
Equity Intraday
0.0037%
₹325/crore
Equity Futures
0.004%
₹190/crore
Equity Options
0.06% on Premium
₹5000/crore of premium
Currency Futures
0.004%
₹115/crore
Currency Options
0.06% on Premium
₹4000/crore of premium
Commodity
0.0035%
₹260/crore
Religare Vs Finvasia Exposure Margin
Religare
Finvasia Securities Pvt Ltd
Equity Delivery
Upto 4x with 24% interest per year
1x
Equity Intraday
Upto 10x
up to 10x
Equity Futures
Upto 3x
2x
Equity Options
Upto 3x for shorting
1x
Currency Futures
Upto 2x
1x
Currency Options
2x for shorting
1x
Commodity Futures
Upto 3x
2x
Commodity Options
Religare and Finvasia Feature Comparison
Religare
Finvasia Securities Pvt Ltd
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
Odin Diet, Web, Dynami
Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time
3:15 PM
Other Features
Mutual Fund, EMI Calculator
Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
Religare Vs Finvasia Review
Religare
Finvasia Securities Pvt Ltd
71 Customer Reviews
9 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Religare is Rated 2.9 / 5 based on 71 customer reviews
Finvasia is Rated 4.7 / 5 based on 9 customer reviews
Contact Broker / Request A Call Back
Religare
Finvasia Securities Pvt Ltd
Contact / Request Call Back
Religare Vs Finvasia Investment Options
Religare
Finvasia Securities Pvt Ltd
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Religare Vs Finvasia Customer Service
Religare
Finvasia Securities Pvt Ltd
24/7 Customer Service
Onine Live Chat
Through Branches
Religare Vs Finvasia Order Type Offered
Religare
Finvasia Securities Pvt Ltd
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Religare Vs Finvasia Research Report
Religare
Finvasia Securities Pvt Ltd
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Religare Vs Finvasia Suitable For Investor Type
Religare
Finvasia Securities Pvt Ltd
Casual Investor
Active Investor
Trader
Religare Vs Finvasia - Advantages and Disadvantages
Religare
Finvasia Securities Pvt Ltd
Pros
3 to 4 times exposure is given in cash as well as F&O segment.
Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
Doesn't charge any trade clearing charges.
A variety of trading platforms are available for the trader to choose from.
Provides trading API and support Algo trading tools.
Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
Call & trade is available for free to all the customers.
Zerodha
Zero Account Opening Fee