Religare Vs Paytm Money (Compare Religare and Paytm Money)

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


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


Paytm Money
Incorporated in 2017, Paytm Money Limited (commonly known as Paytm Money) is a Bengaluru based discount brokering firm. Paytm Money is a wholly-owned subsidiary of India's largest and leading digital goods and mobile platform, One97 Communications Ltd that also owns the Paytm brand. Paytm is an RBI-approved Indian e-commerce payment system. Paytm Money is a SEBI registered stockbroker and an Investment Advisor. The company has a depository participant membership of CDSL and is also a member of ... Know more about Paytm Money Limited

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Religare Vs Paytm Money

Incorporated in 1994, Religare is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 1500 branches across India. Incorporated in 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India.

  Religare Paytm Money
Type of Broker Full Service Broker Discount Broker
Supported Exchnages BSE, NSE, MCX NSE and BSE
Account Type My Saver Online Plan Standard Plan
Year of Incorporation 1994 2017
Number of Branches 1500 1
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 Paytm Money Charges & AMC

Religare trading account opening charges is Rs 500 while Paytm Money account opening changes is Rs 200. Religare Demat Account AMC Charges is Rs 400 from second year onward and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

  Religare Paytm Money
Trading Account Opening Charges Rs 500 Rs 200
Trading Account AMC Charges Nil Rs 0
Demat Account Opening Charges Nil Rs 0
Demat Account AMC Charges Rs 400 from second year onward Rs 0 (Free)
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Religare Vs Paytm Money Brokerage Charges & Plans

Religare Vs Paytm Money Brokerage

Religare brokerage charges for equity is 0.50% to 0.10% and intraday is 0.050% to 0.010% whereas Paytm Money brokerage charges for equity is Rs 0 (Free - Minimum Rs 0.01 per executed order) and intraday is R10 per executed order or 0.05% whichever is lower.

  Religare Paytm Money
Account Type My Saver Online Plan Standard Plan
Fixed Charges NA
Equity Delivery Brokerage 0.50% to 0.10% Rs 0 (Free - Minimum Rs 0.01 per executed order)
Equity Intraday Brokerage 0.050% to 0.010% R10 per executed order or 0.05% whichever is lower
Equity Futures Brokerage 0.05% Rs 10 per executed order
Equity Options Brokerage Rs 70 per lot Rs 10 per executed order
Currency Futures Trading Brokerage 0.05%
Currency Options Trading Brokerage Rs 30 per lot
Commodity Futures Trading Brokerage 0.05%
Commodity Options Trading Brokerage Rs 30 per lot
Special Offer
Special Offer: Get Free Trading + Demat Account for limited time. Get the offer
Special Offer: Brokerage free equity delivery trading + Flat Rs 10 Intra-day and F&O trades + Rs 0 Demat AMC. Get the offer

Religare Charges Vs Paytm Money

Minimum Brokerage Charges 1p per share Rs 0.01 per executed order on Equity Delivery trades
Other Brokerage Charges Platform Usage Fees - Rs300 p.a; Physical Statements/Documents - ₹300 per request + ₹300 per Courier
Call & Trade Charges Rs 10 per executed order (max Rs 50 per day) Rs 300
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Religare Vs Paytm Money Transaction Charges

Religare transaction charges for options is 0.06% on Premium while Paytm Money exchange transaction charges for options is Rs 5,000 per Cr (0.05%).

  Religare Paytm Money
Equity Delivery 0.0037% NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday 0.0037% NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures 0.004% Rs 190 per Cr (0.0019%)
Equity Options 0.06% on Premium Rs 5,000 per Cr (0.05%)
Currency Futures 0.004%
Currency Options 0.06% on Premium
Commodity 0.0035%
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Religare Vs Paytm Money Leverage (Margin)

Religare provides the margin of Upto 10x for intraday trades whereas the Paytm Money margin for intraday cash is Up to 7.5x (based on the stock).

  Religare Paytm Money
Equity Delivery Upto 4x with 24% interest per year 1x (no margin)
Equity Intraday Upto 10x Up to 7.5x (based on the stock)
Equity Futures Upto 3x Intra-day: 3x | Carry forward: 1x (no margin)
Equity Options Upto 3x for shorting Intra-day (Options Sell): 3x | Carry forward: 1x (no margin)
Currency Futures Upto 2x
Currency Options 2x for shorting
Commodity Futures Upto 3x
Commodity Options
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Compare Religare and Paytm Money Features

The trading platforms offered Religare include Odin Diet, Web, Dynami. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

  Religare Paytm Money
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
Trading Platform Odin Diet, Web, Dynami Paytm Money mobile app, Paytm Money website
Intraday Square-off Time 3:15 PM
Other Features Mutual Fund, EMI Calculator
Referral Program
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Religare Vs Paytm Money Review

Religare is rated 2.9 of 5 based on 77 customer reviews whereas Paytm Money is rated 3.5 of 5 based on 8 customer reviews.

  Religare Paytm Money
  77 Customer Reviews    Rate Religare 8 Customer Reviews    Rate Paytm Money
Fees 3.2 3.8
Trading Brokerage 3.1 3.9
Trading Platform Usability 3.0 3.6
Customer Service 2.9 2.5
Research Capabilities 3.2 3.0
Overall Ratings Rated 2.9 stars Rated 3.5 stars
Broker Rating Religare is rated 2.9 of 5 based on 77 customer reviews Paytm Money is rated 3.5 of 5 based on 8 customer reviews
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Contact Broker / Request A Call Back

  Religare Enquire Paytm Money Enquire
Contact Broker

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

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Religare Vs Paytm Money Investment Options

  Religare Paytm Money
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options NPS Retirement Fund, Digital Fund
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Religare Vs Paytm Money Order Type Offered

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

  Religare Paytm Money
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Religare Vs Paytm Money Suitable For Investor Type

  Religare Paytm Money
Casual Investor
Active Investor Yes
Trader Yes
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Religare Vs Paytm Money - Pros and Cons

  Religare Paytm Money
Pros
  • 3 to 4 times exposure is given in cash as well as F&O segment.
  • Brokerage free equity delivery trading.
  • Low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Direct MF platform that helps you earn an extra 1% returns.
  • Zero Maintenance Charges.
  • Instant digital account opening.
  • Simple and easy trading platforms.
  • Online IPO application services.
  • Offers to invest in NPS and digital gold investment along with Stocks, Derivatives, and MF.
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).
  • Branch support not available.
  • GTC order type not available.
  • Charges for the usage of trading platforms.
  • No Margin trading facility.
  • No Margin against shares.
  • Commodity and Currency trading not available.
Reviews

Paytm Money Limited, commonly known as Paytm Money, is a Bengaluru based online discount broker incorporated in 2017 offering trading and investment services for an entire range of financial products like Equity, Derivatives, Direct Mutual Funds, Digital gold, NPS retirement funds, and IPO. The company also provides investment advisory services by way of offering investment packs for mutual fund investments.

The company claims to be a leader and pioneer in low-cost trading. Paytm Money follows a flat fee model. The maximum brokerage charged by the broker is Rs 10 per trade. Paytm Money offers free Equity Delivery trading. Paytm Money is a member of NSE and BSE and has a depository membership with CDSL.

Paytm Money charges Rs 200 towards account opening and zero annual maintenance charges for the Demat account. The company offers an online trading platform - Paytm Money on Android, iOS, and website.

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.

Free Equity Delivery Trading

Get free equity delivery trading (no brokerage) and pay flat Rs 10 brokerage for Intraday and F&O trades. Rs 0 AMC for your demat account. To open an account with Paytm Money, simply Open Online Account or request a callback.

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