Religare Vs TradingBells (Compare Religare and TradingBells)

Religare Vs TradingBells

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

	Religare	TradingBells
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	NSE, BSE, MCX and NCDEX
Year of Incorporation	1994
Number of Branches	1500
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Religare Vs TradingBells Charges & AMC

Religare trading account opening charges is Rs 500 while TradingBells account opening changes is Rs 300 Equity | Rs 200 Commodity. Religare Demat Account AMC Charges is Rs 400 from second year onward and TradingBells Demat Account AMC Charges is Rs 300.

	Religare	TradingBells
Trading Account Opening Charges	Rs 500	Rs 300 Equity | Rs 200 Commodity
Trading Account AMC Charges	Nil	Nil
Demat Account Opening Charges	Nil	Rs 150
Demat Account AMC Charges	Rs 400 from second year onward	Rs 300

Religare Vs TradingBells Brokerage

Religare brokerage charges for equity is 0.50% to 0.10% and intraday is 0.050% to 0.010% whereas TradingBells brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per trade.

	Religare	TradingBells
Account Type	My Saver Online Plan	Standard Plan
Fixed Charges		Nil
Equity Delivery	0.50% to 0.10%	Rs 0 (Free)
Equity Intraday	0.050% to 0.010%	Rs 20 per trade
Equity Futures	0.05%	Rs 20 per trade
Equity Options	Rs 70 per lot	Rs 20 per trade
Currency Futures	0.05%	Rs 20 per trade
Currency Options	Rs 30 per lot	Rs 20 per trade
Commodity Futures	0.05%	Rs 20 per trade
Commodity Options	Rs 30 per lot
Special Offer	Special Offer: Get Free Trading + Demat Account for limited time. Get the offer	Special Offer: Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

Religare Charges Vs TradingBells

Minimum Brokerage	1p per share	Rs 0
Other Charges		Brokerage charge is 0.01% or Rs 20 per executed order, whichever is lower.
Call & Trade Charges	Rs 10 per executed order (max Rs 50 per day)	Additional Rs 20 per executed order

Religare Vs TradingBells Transaction Charges

Religare transaction charges for options is 0.06% on Premium while TradingBells exchange transaction charges for options is NSE Rs 6000 per crore | BSE Rs 3000 per crore (each side) (on premium).

	Religare	TradingBells
Equity Delivery	0.0037%	NSE Rs 325 per crore | BSE Rs 275 per crore (each side
Equity Intraday	0.0037%	NSE Rs 325 per crore | BSE Rs 275 per crore (each side
Equity Futures	0.004%	NSE Rs 210 per crore | BSE Rs 70 per crore (each side)
Equity Options	0.06% on Premium	NSE Rs 6000 per crore | BSE Rs 3000 per crore (each side) (on premium)
Currency Futures	0.004%	NSE Rs 135 per crore (0.00135%)
Currency Options	0.06% on Premium	NSE Rs 4400 (on premium) per crore (0.044%)
Commodity	0.0035%	Non-Agri Rs 310 (0.0036%) | Agri (NCDEX) Rs 400 per Cr
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Religare Vs TradingBells 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 TradingBells 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	TradingBells
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 TradingBells Features

The trading platforms offered Religare include Odin Diet, Web, Dynami. TradingBells offers ODIN, NSE NOW, JUSTRADE trading software.

	Religare	TradingBells
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Odin Diet, Web, Dynami	ODIN, NSE NOW, JUSTRADE
Intraday Square-off Time		Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes
Other Features	Mutual Fund, EMI Calculator
Referral Program
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Religare Vs TradingBells Review

Religare is rated 2.9 of 5 based on 77 customer reviews whereas TradingBells is rated 4.0 of 5 based on 6 customer reviews.

	Religare	TradingBells
	77 Customer Reviews	6 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Religare is rated 2.9 of 5 based on 77 customer reviews	TradingBells is rated 4.0 of 5 based on 6 customer reviews

Religare Vs TradingBells Investment Options

	Religare	TradingBells
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Religare Vs TradingBells Order Type Offered

	Religare	TradingBells
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Religare Vs TradingBells Research Report

	Religare	TradingBells
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Religare Vs TradingBells Suitable For Investor Type

	Religare	TradingBells
Casual Investor
Active Investor
Trader

Religare Vs TradingBells - Pros and Cons

	Religare	TradingBells
Pros	3 to 4 times exposure is given in cash as well as F&O segment.	Discount stock broker. Offer margin funding and higher exposure. No brokerage charges for equity delivery trades. 3 different trading platforms: ODIN, NSE Now, JUSTRADE Online IPO and Mutual Funds available. Free trading software Branches in 80+ cities.
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).	Call & trade is changed Rs 20 extra. Doesn't offer 3-in-1 account Charge annual maintenance change on demat account.
Reviews
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.	Free Equity Delivery Trading Get free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. To open an account with TradingBells, simply leave your contact information with us and TradingBells representatives will call you.
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