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Religare Vs Tradingo (Compare Religare and Tradingo)

Religare Logo

About 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

Tradingo (Swastika Investmart Ltd) Logo

About Tradingo
Tradingo is an Indore-based discount broker offering stock, commodity, and currency trading services. Tradingo provides transparent, faster, and low-cost brokerage service to India Stock Market customers who would like to trade online with little assistance from a broker. Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker, and financial service provider since 1992. Tradingo charges zero brokerage on Equity Delivery trades and flat Rs 20 fo... Know more about Tradingo (Swastika Investmart Ltd)

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Religare Vs Tradingo

Incorporated in 1994, Religare is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 1500 branches across India. Incorporated in 2016, Tradingo is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has branches across India.

  Religare Tradingo
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX NSE, BSE, MCX and NCDEX
Year of Incorporation 1994 2016
Number of Branches 1500
Enquire ReligareOpen Tradingo Account

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Religare Vs Tradingo Charges & AMC

Religare trading account opening charges is Rs 500 while Tradingo account opening changes is Rs 0. Religare Demat Account AMC Charges is Rs 400 from second year onward and Tradingo Demat Account AMC Charges is Rs 250.

  Religare Tradingo
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 250

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Religare Vs Tradingo Brokerage

Religare brokerage charges for equity is 0.50% to 0.10% and intraday is 0.050% to 0.010% whereas Tradingo brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per trade or 0.03% (whichever is lower).

Account Type Religare My Saver Online Plan Tradingo Discount Broking 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 or 0.03% (whichever is lower)
Equity Futures 0.05% Rs 20 per trade or 0.03% (whichever is lower)
Equity Options Rs 70 per lot Rs 20 per executed order
Currency Futures 0.05% Rs 20 per trade or 0.01% (whichever is lower)
Currency Options Rs 30 per lot Rs 20 per executed order
Commodity Futures 0.05% Rs 20 per trade or 0.01% (whichever is lower)
Commodity Options Rs 30 per lot Rs 100 per executed order
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 Vs Tradingo Brokerage Plan 2

  Religare Tradingo
Account Type My Saver Online Plan Premium Plan
Fixed Charges
Equity Delivery 0.50% to 0.10% 0.3% of trade value
Equity Intraday 0.050% to 0.010% 0.03% of trade value
Equity Futures 0.05% 0.03% of trade value
Equity Options Rs 70 per lot Rs 50 per lot
Currency Futures 0.05% 0.3% of trade value
Currency Options Rs 30 per lot Rs 50 per lot
Commodity Futures 0.05% 0.3% of trade value
Commodity Options Rs 30 per lot Rs 100 per lot
Enquire ReligareOpen Tradingo Account

Religare Charges Vs Tradingo

Minimum Brokerage 1p per share Rs 0
Other Charges Real Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day)
Call & Trade Charges Rs 10 per executed order (max Rs 50 per day) Additional Rs 20 per executed order

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Religare Vs Tradingo Transaction Charges

Religare transaction charges for options is 0.06% on Premium while Tradingo exchange transaction charges for options is NSE Rs 7500 per crore | BSE Rs 50 per crore (each side) (on premium).

  Religare Tradingo
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 325 per crore | BSE Rs 50 per crore (each side)
Equity Options 0.06% on Premium NSE Rs 7500 per crore | BSE Rs 50 per crore (each side) (on premium)
Currency Futures 0.004% NSE Rs 160 per crore (0.0016%)
Currency Options 0.06% on Premium NSE Rs 6000 per crore (0.06%)
Commodity 0.0035% Non-Agri Rs 325 per crore | Agri (NCDEX) Rs 600 per Cr
Enquire ReligareOpen Tradingo Account

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Religare Vs Tradingo Leverage (Margin)

Religare margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Tradingo margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Religare Tradingo
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Enquire ReligareOpen Tradingo Account

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Compare Religare and Tradingo Features

The trading platforms offered Religare include Odin Diet, Web, Dynami. Tradingo offers Tradingo, Justrade trading software.

  Religare Tradingo
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) Yes
Trading Platform Odin Diet, Web, Dynami Tradingo, Justrade
Intraday Square-off Time Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes
Other Features Mutual Fund, EMI Calculator
Referral Program
Enquire ReligareOpen Tradingo Account

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Religare Vs Tradingo Review

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

  Religare Tradingo
  77 Customer Reviews    Rate Religare 6 Customer Reviews    Rate Tradingo
Fees 3.2 4.2
Brokerage 3.1 4.7
Trading Platform 3.0 3.5
Customer Service 2.9 3.8
Research Capabilities 3.2 2.0
Overall Ratings Rated 2.9 stars Rated 4.0 stars
Broker Rating Religare is rated 2.9 of 5 based on 77 customer reviews Tradingo is rated 4.0 of 5 based on 6 customer reviews

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Contact Broker / Request A Call Back

  Religare Enquire Tradingo Enquire
Contact Broker Get Free Trading + Demat Account for limited time. Get the offer
Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

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Religare Vs Tradingo Investment Options

  Religare Tradingo
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 Tradingo Order Type Offered

  Religare Tradingo
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO) No
Good Till Cancelled (GTC) Yes
Enquire ReligareOpen Tradingo Account

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Religare Vs Tradingo Research Report

  Religare Tradingo
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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Religare Vs Tradingo Suitable For Investor Type

  Religare Tradingo
Casual Investor
Active Investor Yes
Trader Yes

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Religare Vs Tradingo - Pros and Cons

  Religare Tradingo
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

Tradingo is an Indore-based discount broker offering online and offline trading and investment services across Stocks, F&O, Currency, Commodity, IPO, Mutual Funds, and US Stocks.

Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker and a financial service provider with over two decades of experience in the broking industry. Tradingo is known to provide transparent, faster, and low-cost brokerage services to its customers.

Tradingo offers free account opening. It has a simple pricing model with two brokerage plans to offer - (i) Discount Broking Plan (ii) Premium Plan. Tradingo charges zero brokerage on Equity Delivery trades and flat Rs 20 for all other segments at BSE, NSE, and MCX under the Discount Plan. With the Premium plan, investors get access to daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an additional cost.

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 (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. Click here to open an account with Tradingo

Enquire ReligareOpen Tradingo Account

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