Religare Vs Geojit (Compare Religare and Geojit)


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


Geojit
Incorporated in 1987, Geojit BNP Paribas (Geojit) is one of the major stock brokers based in India. Geojit is based in Kochi, Kerala and has the strong presence in Gulf. Geojit BNP Paribas is cash equity and derivatives broker with extensive experience in Portfolio Management Services and the distribution of financial products: mutual funds and life insurance. Geojit provides stock trading at NSE and BSE stock exchanges through a strong network of around 500 branches and its state of art onl... Know more about Geojit BNP Paribas

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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
Open an Online Trading Account with Religare.Open an Online Trading Account with Geojit.
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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
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Religare Vs Geojit Brokerage Charges & Plans

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)
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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 No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes
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    Rate Religare 102 Customer Reviews    Rate Geojit
Fees 3.2 3.6
Brokerage 3.1 3.3
Trading Platform 3.0 4.0
Customer Service 2.9 3.8
Research Capabilities 3.2 3.2
Overall Ratings Rated 2.9 stars Rated 3.7 stars
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
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Contact Broker / Request A Call Back

  Religare Enquire Geojit 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....
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Religare Vs Geojit Investment Options

  Religare Geojit
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Insurance
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Religare Vs Geojit Order Type Offered

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

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

  Religare Geojit
Casual Investor
Active Investor Yes
Trader
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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.
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Promo / Offers

Free Trading + Demat Account

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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