Religare Vs SBI Securities (Compare Religare and SBI Securities)

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


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


SBI Securities
SBICAP Securities Ltd (SSL) is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders. SBI Smart is the flagship trading platform of the company. The portal allows both Resident Indians a... Know more about SBICAP Securities Ltd

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Religare Vs SBI Securities

Incorporated in 1994, Religare is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 1500 branches across India. Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India.

  Religare SBI Securities
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE
Account Type My Saver Online Plan eZ-trade
Year of Incorporation 1994 2001
Number of Branches 1500 117
Broker Enquiry Open an Online Trading Account with Religare. Leave your contact info and we will get in touch with you. Open an Online Trading Account with SBI Securities. Leave your contact info and we will get in touch with you.
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Religare Vs SBI Securities Charges & AMC

Religare trading account opening charges is ₹500 while SBI Securities account opening changes is ₹850. Religare Demat Account AMC Charges is ₹400 from second year onward and SBI Securities Demat Account AMC Charges is ₹350.

  Religare SBI Securities
Trading Account Opening Charges ₹500 ₹850
Trading Account AMC Charges Nil ₹0
Demat Account Opening Charges Nil ₹0
Demat Account AMC Charges ₹400 from second year onward ₹350
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Religare Vs SBI Securities Brokerage Charges & Plans

Religare Vs SBI Securities Brokerage

Religare brokerage charges for equity is 0.50% to 0.10% and intraday is 0.050% to 0.010% whereas SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05%.

  Religare SBI Securities
Account Type My Saver Online Plan eZ-trade
Fixed Charges
Equity Delivery Brokerage 0.50% to 0.10% 0.50%
Equity Intraday Brokerage 0.050% to 0.010% 0.05%
Equity Futures Brokerage 0.05% 0.05%
Equity Options Brokerage ₹70 per lot ₹100 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% 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 SBI Securities

Minimum Brokerage Charges 1p per share ₹0.05 for Cash, ₹0.01 Future
Other Brokerage Charges
Call & Trade Charges ₹10 per executed order (max ₹50 per day) ₹10 per call (after 30 free calls a month)
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Religare Vs SBI Securities Transaction Charges

Religare transaction charges for options is 0.06% on Premium while SBI Securities exchange transaction charges for options is NSE: 0.05515% (₹5515/Crore).

  Religare SBI Securities
Equity Delivery 0.0037% NSE: 0.00386% | BSE: 0.00384%
Equity Intraday 0.0037% NSE: 0.00386% | BSE: 0.00384%
Equity Futures 0.004% NSE: 0.002206% (₹221/Crore)
Equity Options 0.06% on Premium NSE: 0.05515% (₹5515/Crore)
Currency Futures 0.004% 0.002206%
Currency Options 0.06% on Premium NSE: 0.05515% (₹5515/Crore)
Commodity 0.0035%
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Religare Vs SBI Securities Leverage (Margin)

Religare provides the margin of Upto 10x for intraday trades whereas the SBI Securities margin for intraday cash is Upto 5x.

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

The trading platforms offered Religare include Odin Diet, Web, Dynami. SBI Securities offers SBI Smart Express, SBI Smart Web, SBI Smart Mobile trading software.

  Religare SBI Securities
3 in 1 Account No Yes
Charting Yes No
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Odin Diet, Web, Dynami SBI Smart Express, SBI Smart Web, SBI Smart Mobile
Intraday Square-off Time 2:45 PM
Other Features Mutual Fund, EMI Calculator
Referral Program
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Religare Vs SBI Securities Review

Religare is rated 2.9 of 5 based on 76 customer reviews whereas SBI Securities is rated 2.6 of 5 based on 140 customer reviews.

  Religare SBI Securities
  76 Customer Reviews    Rate Religare 140 Customer Reviews    Rate SBI Securities
Fees 3.2 3.2
Trading Brokerage 3.1 2.8
Trading Platform Usability 3.0 2.6
Customer Service 2.9 2.8
Research Capabilities 3.3 2.3
Overall Ratings Rated 2.9 stars Rated 2.6 stars
Broker Rating Religare is rated 2.9 of 5 based on 76 customer reviews SBI Securities is rated 2.6 of 5 based on 140 customer reviews
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Contact Broker / Request A Call Back

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Religare Vs SBI Securities Investment Options

  Religare SBI Securities
Stock / Equity Yes Yes
Commodity Yes No
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 SBI Securities Order Type Offered

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

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

  Religare SBI Securities
Casual Investor Yes
Active Investor
Trader
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Religare Vs SBI Securities - Pros and Cons

  Religare SBI Securities
Pros
  • 3 to 4 times exposure is given in cash as well as F&O segment.
  • Offer 3-in-1 account for seamless transactions.
  • Full-service broker offering services online as well as through branches.
  • Wide range of investment options.
  • Free research reports are available.
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).
  • Installable Trading Terminal (exe) is not available for frequent traders.
  • Good Till Cancelled (GTC) orders are not available.
  • Very high brokerage.
  • Commodity (MCX) trading is not available.
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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