Religare Vs Karvy (Compare Religare and Karvy)

The side-by-side comparison of Religare and Karvy. Compare Religare Vs Karvy brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Religare vs Karvy?


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


Karvy

Alert! 25th Nov 2020 - NSE, BSE terminate Karvy's membership.

Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail.

Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.

Karvy Customers,

Need Help Moving to Another Broker?

Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services. They offer Customized investment solutions to corporate, institutions and individual investors through its wide network of offices. Using their combine account facility one can trade in Equities, Derivatives, Currency or invest in IPOs, Mutual funds or NCDs under one roof. Based in Hyderabad they are among one ... Know more about Karvy Stock Broking Ltd

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Religare Vs Karvy

Incorporated in 1994, Religare is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 1500 branches across India. Incorporated in 1985, Karvy is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 575 branches across India.

  Religare Karvy
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX
Account Type My Saver Online Plan Retail Brokerage Plan
Year of Incorporation 1994 1985
Number of Branches 1500 575
Broker Enquiry Open an Online Trading Account with Religare. Leave your contact info and we will get in touch with you.
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Religare Vs Karvy Charges & AMC

Religare trading account opening charges is ₹500 while Karvy account opening changes is ₹650. Religare Demat Account AMC Charges is ₹400 from second year onward and Karvy Demat Account AMC Charges is ₹420.

  Religare Karvy
Trading Account Opening Charges ₹500 ₹650
Trading Account AMC Charges Nil ₹0
Demat Account Opening Charges Nil ₹0
Demat Account AMC Charges ₹400 from second year onward ₹420
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Religare Vs Karvy Brokerage Charges & Plans

Religare Vs Karvy Brokerage

Religare brokerage charges for equity is 0.50% to 0.10% and intraday is 0.050% to 0.010% whereas Karvy brokerage charges for equity is 0.3% and intraday is 0.03%.

  Religare Karvy
Account Type My Saver Online Plan Retail Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.50% to 0.10% 0.3%
Equity Intraday Brokerage 0.050% to 0.010% 0.03%
Equity Futures Brokerage 0.05% 0.03%
Equity Options Brokerage ₹70 per lot ₹30 per lot
Currency Futures Trading Brokerage 0.05% 0.03%
Currency Options Trading Brokerage ₹30 per lot ₹30 per lot
Commodity Futures Trading Brokerage 0.05% 0.03%
Commodity Options Trading Brokerage ₹30 per lot ₹30 per lot
Special Offer
Special Offer: Get Free Trading + Demat Account for limited time. Get the offer

Religare Vs Karvy Brokerage Plan 2

  Religare Karvy
Account Type My Saver Online Plan Premium Subscription Plan of 100000
Fixed Charges ₹100,000 per year
Equity Delivery Brokerage 0.50% to 0.10% 0.1%
Equity Intraday Brokerage 0.050% to 0.010% 0.01%
Equity Futures Brokerage 0.05% 0.01%
Equity Options Brokerage ₹70 per lot ₹10 per lot
Currency Futures Trading Brokerage 0.05% 0.01%
Currency Options Trading Brokerage ₹30 per lot ₹10 per lot
Commodity Futures Trading Brokerage 0.05% 0.01%
Commodity Options Trading Brokerage ₹30 per lot ₹10 per lot

Religare Charges Vs Karvy

Minimum Brokerage Charges 1p per share Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
Other Brokerage Charges
Call & Trade Charges ₹10 per executed order (max ₹50 per day)
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Religare Vs Karvy Transaction Charges

Religare transaction charges for options is 0.06% on Premium while Karvy exchange transaction charges for options is ₹5500.

  Religare Karvy
Equity Delivery 0.0037% ₹325
Equity Intraday 0.0037% ₹325
Equity Futures 0.004% ₹230
Equity Options 0.06% on Premium ₹5500
Currency Futures 0.004% ₹325
Currency Options 0.06% on Premium
Commodity 0.0035% ₹300
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Religare Vs Karvy Leverage (Margin)

Religare provides the margin of Upto 10x for intraday trades whereas the Karvy margin for intraday cash is Upto 20x.

  Religare Karvy
Equity Delivery Upto 4x with 24% interest per year Upto 5x with 24% interest per year
Equity Intraday Upto 10x Upto 20x
Equity Futures Upto 3x Upto 4x
Equity Options Upto 3x for shorting Upto 4x for shorting
Currency Futures Upto 2x Nil
Currency Options 2x for shorting Nil
Commodity Futures Upto 3x Upto 4x
Commodity Options
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Compare Religare and Karvy Features

The trading platforms offered Religare include Odin Diet, Web, Dynami. Karvy offers NEST, Karvy Web, Trade Mobile trading software.

  Religare Karvy
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
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 NEST, Karvy Web, Trade Mobile
Intraday Square-off Time 3:15
Other Features Mutual Fund, EMI Calculator Ask the expert, The Finapolis
Referral Program
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Religare Vs Karvy Review

Religare is rated 2.9 of 5 based on 76 customer reviews whereas Karvy is rated 2.0 of 5 based on 24 customer reviews.

  Religare Karvy
  76 Customer Reviews    Rate Religare 24 Customer Reviews    Rate Karvy
Fees 3.2 2.6
Trading Brokerage 3.1 2.4
Trading Platform Usability 3.0 2.7
Customer Service 2.9 2.2
Research Capabilities 3.3
Overall Ratings Rated 2.9 stars Rated 2.0 stars
Broker Rating Religare is rated 2.9 of 5 based on 76 customer reviews Karvy is rated 2.0 of 5 based on 24 customer reviews
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Contact Broker / Request A Call Back

  Religare Enquire Karvy Enquire
Contact Broker

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

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Religare Vs Karvy Investment Options

  Religare Karvy
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
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Religare Vs Karvy Order Type Offered

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

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

  Religare Karvy
Casual Investor Yes
Active Investor
Trader
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Religare Vs Karvy - Pros and Cons

  Religare Karvy
Pros
  • 3 to 4 times exposure is given in cash as well as F&O segment.
  1. Pay ₹1200 one time and get life time free AMC demat account
  2. Offers investment in IPO and Mutual funds
  3. Free research reports
  4. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
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. Doesn't offer 3 in 1 account
  2. Brokerage rates are negotiable
  3. Higher brokerage compare to discount brokers
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.

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Religare Karvy
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