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...
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...
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 | |
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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 |
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Religare trading account opening charges is Rs 500 while SBI Securities account opening changes is Rs 850. Religare Demat Account AMC Charges is Rs 400 from second year onward and SBI Securities Demat Account AMC Charges is Rs 350.
Religare | SBI Securities | |
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Trading Account Opening Charges | Rs 500 | Rs 850 |
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 350 |
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 | |
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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 | Rs 70 per lot | Rs 100 per lot |
Currency Futures Trading Brokerage | 0.05% | 0.03% |
Currency Options Trading Brokerage | Rs 30 per lot | Rs 30 per lot |
Commodity Futures Trading Brokerage | 0.05% | NA |
Commodity Options Trading Brokerage | Rs 30 per lot | NA |
Special Offer | Special Offer: Get Free Trading + Demat Account for limited time. Get the offer |
Minimum Brokerage Charges | 1p per share | Rs 0.05 for Cash, Rs 0.01 Future |
Other Brokerage Charges | ||
Call & Trade Charges | Rs 10 per executed order (max Rs 50 per day) | Rs 10 per call (after 30 free calls a month) |
Religare transaction charges for options is 0.06% on Premium while SBI Securities exchange transaction charges for options is NSE: 0.05515% (Rs 5515/Crore).
Religare | SBI Securities | |
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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% (Rs 221/Crore) |
Equity Options | 0.06% on Premium | NSE: 0.05515% (Rs 5515/Crore) |
Currency Futures | 0.004% | 0.002206% |
Currency Options | 0.06% on Premium | NSE: 0.05515% (Rs 5515/Crore) |
Commodity | 0.0035% | |
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Religare provides the margin of Upto 10x for intraday trades whereas the SBI Securities margin for intraday cash is Upto 5x.
Religare | SBI Securities | |
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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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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 | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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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 is rated 2.9 of 5 based on 76 customer reviews whereas SBI Securities is rated 2.6 of 5 based on 143 customer reviews.
Religare | SBI Securities | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Religare | SBI Securities | |
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Promo / Offers |
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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