Religare Vs Tradeplus (Compare Religare and Tradeplus)


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


Tradeplus
Tradeplus is an online stock broker (hybrid of traditional and discount broker) offering trading & investment at BSE, NSE and MCX. Tradeplus is famous for its unlimited zero brokerage trading plans which offer infinite trading at a fixed monthly fee in few segments. The unlimited trading plans are available in Commodities, Equity&Options and Currency Derivatives segments. Tradeplus also offer demat account services at a low AMC charge of Rs 90 per year. Tradeplus also offer Online Mutual... Know more about Tradeplus (Navia Markets Ltd)

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Religare Vs Tradeplus

Incorporated in 1994, Religare is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 1500 branches across India. Incorporated in 1995, Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  Religare Tradeplus
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 1994 1995
Number of Branches 1500
Open an Online Trading Account with Religare.Open an Online Trading Account with Tradeplus.
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Religare Vs Tradeplus Charges & AMC

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

  Religare Tradeplus
Trading Account Opening Charges Rs 500 Rs 0
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
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Religare Vs Tradeplus Brokerage Charges & Plans

Religare Vs Tradeplus Brokerage

Religare brokerage charges for equity is 0.50% to 0.10% and intraday is 0.050% to 0.010% whereas Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is NA.

  Religare Tradeplus
Account Type My Saver Online Plan Flat Zero brokerage Scheme
Fixed Charges As per segment
Equity Delivery 0.50% to 0.10% Rs 0 (Free)
Equity Intraday 0.050% to 0.010% NA
Equity Futures 0.05% Rs 799 per month (unlimited trading)
Equity Options Rs 70 per lot Rs 99 per month (unlimited trading)
Currency Futures 0.05% Rs 99 per month (unlimited trading)
Currency Options Rs 30 per lot Rs 99 per month (unlimited trading)
Commodity Futures 0.05% Rs 99 per month (unlimited trading)
Commodity Options Rs 30 per lot Rs 99 per month (unlimited trading)
Special Offer
Special Offer: Get Free Trading + Demat Account for limited time. Get the offer
Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat Rs 9 intranet and F&O trade brokerage. Get the offer

Religare Vs Tradeplus Brokerage Plan 2

  Religare Tradeplus
Account Type My Saver Online Plan Flexi Brokerage Plan
Fixed Charges NA
Equity Delivery 0.50% to 0.10% Rs 0 (Free)
Equity Intraday 0.050% to 0.010% Lower of - Rs 9 per trade or 0.01%
Equity Futures 0.05% Rs 9 per executed order
Equity Options Rs 70 per lot Rs 9 per executed order
Currency Futures 0.05% Rs 9 per executed order
Currency Options Rs 30 per lot Rs 9 per executed order
Commodity Futures 0.05% Rs 9 per executed order
Commodity Options Rs 30 per lot Rs 9 per executed order
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Religare Charges Vs Tradeplus

Minimum Brokerage 1p per share
Other Charges SMS Charges: Rs 100 per segment.
Call & Trade Charges Rs 10 per executed order (max Rs 50 per day) Flat Rs 75 per day
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Religare Vs Tradeplus Transaction Charges

Religare transaction charges for options is 0.06% on Premium while Tradeplus exchange transaction charges for options is Rs 7800 per crore (0.078%)(on premium).

  Religare Tradeplus
Equity Delivery 0.0037% Rs 345 per crore (0.00345%) (each side)
Equity Intraday 0.0037% Rs 345 per crore (0.00345%) (sale side)
Equity Futures 0.004% Rs 360 per crore (0.0036%)
Equity Options 0.06% on Premium Rs 7800 per crore (0.078%)(on premium)
Currency Futures 0.004% Rs 140 per crore (0.0014%)
Currency Options 0.06% on Premium Rs 6000 (on premium) per crore (0.06%)
Commodity 0.0035% Rs 500 (0.005%)
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Religare Vs Tradeplus Leverage (Margin)

Religare margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Tradeplus margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  Religare Tradeplus
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Religare and Tradeplus Features

The trading platforms offered Religare include Odin Diet, Web, Dynami. Tradeplus offers INFINI, NSE NOW trading software.

  Religare Tradeplus
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O)
Trading Platform Odin Diet, Web, Dynami INFINI, NSE NOW
Intraday Square-off Time
Other Features Mutual Fund, EMI Calculator
Referral Program
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Religare Vs Tradeplus Review

Religare is rated 2.9 of 5 based on 77 customer reviews whereas Tradeplus is rated 3.0 of 5 based on 35 customer reviews.

  Religare Tradeplus
  77 Customer Reviews    Rate Religare 35 Customer Reviews    Rate Tradeplus
Fees 3.2 3.6
Brokerage 3.1 4.1
Trading Platform 3.0 2.8
Customer Service 2.9 2.7
Research Capabilities 3.2 2.0
Overall Ratings Rated 2.9 stars Rated 3.0 stars
Broker Rating Religare is rated 2.9 of 5 based on 77 customer reviews Tradeplus is rated 3.0 of 5 based on 35 customer reviews
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Contact Broker / Request A Call Back

  Religare Enquire Tradeplus Enquire
Contact Broker Get Free Trading + Demat Account for limited time. Get the offer
Brokerage Free equity delivery trading (truly no commission) and Flat Rs 9 intranet and F&O trade brokerage. Get the offer
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Religare Vs Tradeplus Investment Options

  Religare Tradeplus
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options
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Religare Vs Tradeplus Order Type Offered

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

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

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

  Religare Tradeplus
Pros
  • 3 to 4 times exposure is given in cash as well as F&O segment.
  1. Unlimited monthly trading plans available for frequent traders.
  2. Free equity delivery trading. No brokerage charged for trading in equity delivery (cash & carry) segment.
  3. Low demat AMC or Rs 90 per month.
  4. Analysis tools available for intraday trading.
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).
  1. Customer has to pay software charges.
  2. High call & trade charges. Rs 1000 per month.
  3. Lower margin.
Reviews
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 Trade + Flat Rs 9 intranet and F&O trade

Get free equity delivery trading (zero brokerage) and pay flat Rs 9 intranet and F&O trade brokerage. To open an account with Tradeplus, simply leave your contact information and Tradeplus representatives will call you.

Enquire ReligareEnquire Tradeplus

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