Religare Vs Geojit (Compare Religare and Geojit)

Religare Vs Geojit

Incorporated in 1994, Religare is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 1500 branches across India. Incorporated in 1987, Geojit is a Full Service Broker. It offers trading at BSE, NSE, MCX-SX. It has 509 branches across India.

	Religare	Geojit
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX-SX
Year of Incorporation	1994	1987
Number of Branches	1500	509
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Religare Vs Geojit Charges & AMC

Religare trading account opening charges is Rs 500 while Geojit account opening changes is Rs 425. Religare Demat Account AMC Charges is Rs 400 from second year onward and Geojit Demat Account AMC Charges is Rs 700.

	Religare	Geojit
Trading Account Opening Charges	Rs 500	Rs 425
Trading Account AMC Charges	Nil	NIL
Demat Account Opening Charges	Nil	NIL
Demat Account AMC Charges	Rs 400 from second year onward	Rs 700

Religare Vs Geojit Brokerage

Religare brokerage charges for equity is 0.50% to 0.10% and intraday is 0.050% to 0.010% whereas Geojit brokerage charges for equity is 0.30% and intraday is 0.03%.

	Religare	Geojit
Account Type	My Saver Online Plan	Online Trading
Fixed Charges
Equity Delivery	0.50% to 0.10%	0.30%
Equity Intraday	0.050% to 0.010%	0.03%
Equity Futures	0.05%	0.03%
Equity Options	Rs 70 per lot	Rs 125 per contract
Currency Futures	0.05%	0.03%
Currency Options	Rs 30 per lot	Rs 125 per contract
Commodity Futures	0.05%	NA
Commodity Options	Rs 30 per lot	NA
Special Offer	Special Offer: Get Free Trading + Demat Account for limited time. Get the offer

Religare Charges Vs Geojit

Minimum Brokerage	1p per share	1p per share or Rs 20/contract whichever is higher
Other Charges
Call & Trade Charges	Rs 10 per executed order (max Rs 50 per day)

Religare Vs Geojit Transaction Charges

Religare transaction charges for options is 0.06% on Premium while Geojit exchange transaction charges for options is Rs 5500 per Cr (0.05%).

	Religare	Geojit
Equity Delivery	0.0037%	Rs 325 per Cr (0.00325%)
Equity Intraday	0.0037%	Rs 325 per Cr (0.00325%)
Equity Futures	0.004%	Rs 210 per Cr (0.0021%)
Equity Options	0.06% on Premium	Rs 5500 per Cr (0.05%)
Currency Futures	0.004%	Rs 145 per Cr (0.00145%)
Currency Options	0.06% on Premium	Rs 4730 per Cr (0.0473%) on premium
Commodity	0.0035%	NA
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Religare Vs Geojit Leverage (Margin)

Religare margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Geojit margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Religare	Geojit
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Religare and Geojit Features

The trading platforms offered Religare include Odin Diet, Web, Dynami. Geojit offers Selfie Platinum, Selfie Gold, Mobile App trading software.

	Religare	Geojit
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Odin Diet, Web, Dynami	Selfie Platinum, Selfie Gold, Mobile App
Intraday Square-off Time
Other Features	Mutual Fund, EMI Calculator
Referral Program
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Religare Vs Geojit Review

Religare is rated 2.9 of 5 based on 77 customer reviews whereas Geojit is rated 3.7 of 5 based on 102 customer reviews.

	Religare	Geojit
	77 Customer Reviews	102 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Religare is rated 2.9 of 5 based on 77 customer reviews	Geojit is rated 3.7 of 5 based on 102 customer reviews

Religare Vs Geojit Investment Options

	Religare	Geojit
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Insurance

Religare Vs Geojit Order Type Offered

	Religare	Geojit
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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Religare Vs Geojit Research Report

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

Religare Vs Geojit Suitable For Investor Type

	Religare	Geojit
Casual Investor
Active Investor
Trader

Religare Vs Geojit - Pros and Cons

	Religare	Geojit
Pros	3 to 4 times exposure is given in cash as well as F&O segment.
Cons	EXE Based trading terminal are available for Rs 999 per annum. Call and Trade is charged at Rs 10 per executed order (maximum Rs 50 per day in a segment).	1. Very high Options trading brokerage charges. Geojit charges Rs 125 per contract for Intraday Options and Rs 150 per contract for Options carry forward positions. 2. Geojit charges minimum brokerage of Rs 20 per Contract or 1 paisa per share whichever is higher. 3. Paper contract note by post cost additional Rs 20 per Contract or 5 paisa per share whichever is higher.
Reviews
Promo / Offers	Religare offer FREE Trading + Demat Account. In addition you get Rs 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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