Unlimited Trading @ Rs 899 per month - Prostocks

Religare Vs Upstox (Compare Religare and Upstox)

The side-by-side comparison of Religare and Upstox. Compare Religare Vs Upstox brokerage, charges, exposure margin, demat account. Read Upstox and Religare review.

Find out Religare Vs Upstox which is better and Religare Vs Upstox which is best.

Our Religare comparison with Upstox highlights the major differences between two brokers. Find the best between Religare and Upstox.

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Religare Vs Upstox

  Religare Upstox
Find more info about broker
Religare Logo Upstox Logo
About the Broker 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 s... Know more about Religare Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro ... Know more about Upstox
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type My Saver Online Plan Upstox Basic
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 Upstox. Leave your contact info and we will get in touch with you.
Year of Incorporation 1994 2012
Number of Branches 1500 4
Enquire Religare Enquire Upstox
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Religare Vs Upstox Charges

  Religare Upstox
Trading Account Opening Fees ₹500 ₹0 (Free)
Trading Account AMC Nil ₹0 (Free)
Demat Account Opening Fees Nil ₹0 (Free)
Demat Account AMC ₹400 from second year onward ₹300
Demat Account is Mandatory? No No
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Religare Vs Upstox Brokerage

Brokerage Plan 1

  Religare Upstox
Account Type My Saver Online Plan Upstox Basic
Fixed Charges
Equity Delivery Brokerage 0.50% to 0.10% ₹0 (Free)
Equity Intraday Brokerage 0.050% to 0.010% ₹20 per executed order
Equity Futures Brokerage 0.05% ₹20 per executed order
Equity Options Brokerage ₹70 per lot ₹20 per executed order
Currency Futures Trading Brokerage 0.05% ₹20 per executed order
Currency Options Trading Brokerage ₹30 per lot ₹20 per executed order
Commodity Futures Trading Brokerage 0.05% ₹20 per executed order
Commodity Options Trading Brokerage ₹30 per lot ₹20 per executed order
Special Offer
Special Offer: Get Free Trading + Demat Account for limited time. Get the offer
Special Offer: FREE Account Opening (₹300 waived) (Until 17th May) + FREE Eq Delivery Trading + flat ₹20 per order for Intraday and F&O. Get the Exclusive Offer

Brokerage Plan 2

  Religare Upstox
Account Type My Saver Online Plan Upstox Priority
Fixed Charges
Equity Delivery Brokerage 0.50% to 0.10% ₹0
Equity Intraday Brokerage 0.050% to 0.010% ₹30 per executed order
Equity Futures Brokerage 0.05% ₹30 per executed order
Equity Options Brokerage ₹70 per lot ₹30 per executed order
Currency Futures Trading Brokerage 0.05% ₹30 per executed order
Currency Options Trading Brokerage ₹30 per lot ₹30 per executed order
Commodity Futures Trading Brokerage 0.05% ₹30 per executed order
Commodity Options Trading Brokerage ₹30 per lot ₹30 per executed order

Other Charges

Minimum Brokerage Charges 1p per share ₹0
Other Brokerage Charges
Call & Trade Charges ₹10 per executed order (max ₹50 per day) ₹20 per trade
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Religare Vs Upstox Taxes

  Religare Upstox
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below
SEBI Charges Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address.
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Religare Vs Upstox Transaction Charges

  Religare Upstox
Equity Delivery 0.0037% NSE ₹325 | BSE ₹275
Equity Intraday 0.0037% NSE ₹325 | BSE ₹275
Equity Futures 0.004% NSE ₹210
Equity Options 0.06% on Premium NSE ₹5500
Currency Futures 0.004% ₹150
Currency Options 0.06% on Premium ₹6000
Commodity 0.0035% MCX ₹260/Cr
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Religare Vs Upstox Exposure Margin

  Religare Upstox
Equity Delivery Upto 4x with 24% interest per year 2.5x
Equity Intraday Upto 10x Regular: 15x | Priority Pack: 20x | Regular CO: 20x | Priority Pack CO: 25x
Equity Futures Upto 3x Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 6x
Equity Options Upto 3x for shorting Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Currency Futures Upto 2x Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Currency Options 2x for shorting Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Commodity Futures Upto 3x Regular: 2.5x | Priority Pack: 3x | Regular CO: 3x | Priority Pack CO: 4x
Commodity Options
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Religare and Upstox Feature Comparison

  Religare Upstox
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Odin Diet, Web, Dynami Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time 3:15 PM
Other Features Mutual Fund, EMI Calculator Option strategy builder
Referral Program Yes
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Religare Vs Upstox Review

  Religare Upstox
  72 Customer Reviews    Rate Religare 65 Customer Reviews    Rate Upstox
Fees 3.2 3.6
Trading Brokerage 3.1 3.7
Trading Platform Usability 3.0 2.7
Customer Service 3.0 2.5
Research Capabilities 2.5
Overall Ratings Rated 2.9 stars Rated 2.6 stars
Broker Rating Religare is Rated 2.9 / 5 based on 72 customer reviews Upstox is Rated 2.6 / 5 based on 65 customer reviews
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Contact Broker / Request A Call Back

  Religare Enquire Upstox Enquire
Contact Broker

Get Free Trading + Demat Account for limited time. Get the offer

FREE Account Opening (₹300 waived) (Until 17th May) + FREE Eq Delivery Trading + flat ₹20 per order for Intraday and F&O. Get the Exclusive Offer

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Religare Vs Upstox Investment Options

  Religare Upstox
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options
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Religare Vs Upstox Customer Service

  Religare Upstox
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes No
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Religare Vs Upstox Order Type Offered

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

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

  Religare Upstox
Casual Investor
Active Investor Yes
Trader Yes
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Religare Vs Upstox - Advantages and Disadvantages

  Religare Upstox
Pros
  • 3 to 4 times exposure is given in cash as well as F&O segment.

More Advantages...

  1. Upstox basic plan offers brokerage free trading in Equity Delivery segment.
  2. No brokerage for equity delivery trades.
  3. Free trading software including mobile and web trading app.
  4. Advance orders including AMO, CO and BO are available.
  5. Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all.
  6. AmiBroker connector available for Algo Trading.
  7. Mutual Funds are available for investment.
  8. Higher leverage is available under different brokerage plan.

More Advantages...

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).

More Disadvantages...

  • No margin funding.
  • No equity 'good till cancelled' orders.
  • Unlimited monthly plans not available.
  • Additional fee for call & trader.
  • Additional fee for square off done by the broker.
  • Higher demat debit transaction charges.
  • Online IPO, FPO, Bonds and NCD's are not available.
  • No stock tips or recommendations.
  • Upstox doesn't offer NRI Trading and Demat Account.

More Disadvantages...

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.

Limited Time Offer - Free Account Opening (₹300 waived) until May 17th 2019

Open Upstox Trading Account and get FREE Trading, Demat and Mutual Fund Account + FREE Equity Delivery Trades (no brokerage) + Intraday and F&O Trades at flat ₹20 per order.

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