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
Supported Exchnages	BSE, NSE, MCX	BSE, NSE, MCX-SX
Account Type	My Saver Online Plan	Online Trading
Year of Incorporation	1994	1987
Number of Branches	1500	509
Broker Enquiry
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Religare Vs Geojit Charges & AMC

Religare trading account opening charges is ₹500 while Geojit account opening changes is ₹425. Religare Demat Account AMC Charges is ₹400 from second year onward and Geojit Demat Account AMC Charges is ₹0.

	Religare	Geojit
Trading Account Opening Charges	₹500	₹425
Trading Account AMC Charges	Nil	NIL
Demat Account Opening Charges	Nil	NIL
Demat Account AMC Charges	₹400 from second year onward	₹0

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 Brokerage	0.50% to 0.10%	0.30%
Equity Intraday Brokerage	0.050% to 0.010%	0.03%
Equity Futures Brokerage	0.05%	0.03%
Equity Options Brokerage	₹70 per lot	₹125 per contract
Currency Futures Trading Brokerage	0.05%	0.03%
Currency Options Trading Brokerage	₹30 per lot	₹125 per contract
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

Religare Charges Vs Geojit

Minimum Brokerage Charges	1p per share	1p per share or ₹20/contract whichever is higher
Other Brokerage Charges
Call & Trade Charges	₹10 per executed order (max ₹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 ₹5500 per Cr (0.05%).

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

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

	Religare	Geojit
Equity Delivery	Upto 4x with 24% interest per year	Upto 7x with 22% interest per year
Equity Intraday	Upto 10x	Upto 10x
Equity Futures	Upto 3x	No additional leverage
Equity Options	Upto 3x for shorting	No additional leverage
Currency Futures	Upto 2x	No additional leverage
Currency Options	2x for shorting	No additional leverage
Commodity Futures	Upto 3x	NA
Commodity Options
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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 Available
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 76 customer reviews whereas Geojit is rated 3.7 of 5 based on 99 customer reviews.

	Religare	Geojit
	76 Customer Reviews	99 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Religare is rated 2.9 of 5 based on 76 customer reviews	Geojit is rated 3.7 of 5 based on 99 customer reviews

Religare Vs Geojit Investment Options

	Religare	Geojit
Stock / Equity
Commodity
Currency
Initial Public Offers (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 ₹999 per annum. Call and Trade is charged at ₹10 per executed order (maximum ₹50 per day in a segment).	1. Very high Options trading brokerage charges. Geojit charges ₹125 per contract for Intraday Options and ₹150 per contract for Options carry forward positions. 2. Geojit charges minimum brokerage of ₹20 per Contract or 1 paisa per share whichever is higher. 3. Paper contract note by post cost additional ₹20 per Contract or 5 paisa per share whichever is higher.
Reviews
Promo / Offers	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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