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Edelweiss
5Paisa
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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... 
Upstox
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 Web and Upstox Pro Mobile trading platforms.
Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix.
Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo...
Incorporated in 1994, Religare is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 1500 branches across India. Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.
| Religare | Upstox | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
| Year of Incorporation | 1994 | 2012 |
| Number of Branches | 1500 | 4 |
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| Enquire Religare | Open Upstox Account |
Religare trading account opening charges is Rs 500 while Upstox account opening changes is Rs 249. Religare Demat Account AMC Charges is Rs 400 from second year onward and Upstox Demat Account AMC Charges is Rs 0 (Free).
| Religare | Upstox | |
|---|---|---|
| Trading Account Opening Charges | Rs 500 | Rs 249 |
| Trading Account AMC Charges | Nil | Rs 0 (Free) |
| Demat Account Opening Charges | Nil | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 400 from second year onward | Rs 0 (Free) |
Religare brokerage charges for equity is 0.50% to 0.10% and intraday is 0.050% to 0.010% whereas Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower.
| Religare | Upstox | |
|---|---|---|
| Account Type | My Saver Online Plan | Default |
| Fixed Charges | NA | |
| Equity Delivery | 0.50% to 0.10% | Rs 20 per executed order or 2.5% whichever is low |
| Equity Intraday | 0.050% to 0.010% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | 0.05% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Options | Rs 70 per lot | Rs 20 per executed order |
| Currency Futures | 0.05% | Rs 20 per executed order or 0.05% whichever is lower |
| Currency Options | Rs 30 per lot | Rs 20 per executed order |
| Commodity Futures | 0.05% | Rs 20 per executed order or 0.05% whichever is lower |
| Commodity Options | Rs 30 per lot | Rs 20 per executed order |
| Special Offer | Special Offer: Get Free Trading + Demat Account for limited time. Get the offer |
Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Rs 0 Demat AMC. Open Instant Account online and start trading today. |
| Minimum Brokerage | 1p per share | 0.05% |
| Other Charges | Auto Square-off Charges: Rs 50 | |
| Call & Trade Charges | Rs 10 per executed order (max Rs 50 per day) | Rs 20 per trade |
Religare transaction charges for options is 0.06% on Premium while Upstox exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).
| Religare | Upstox | |
|---|---|---|
| Equity Delivery | 0.0037% | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) |
| Equity Intraday | 0.0037% | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) |
| Equity Futures | 0.004% | NSE Rs 200 per Cr (0.002%) |
| Equity Options | 0.06% on Premium | NSE Rs 5300 per Cr (0.053%) (on premium) |
| Currency Futures | 0.004% | NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%) |
| Currency Options | 0.06% on Premium | NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium) |
| Commodity | 0.0035% | Group A - Rs 290 per Cr (0.0029%) |
| Enquire Religare | Open Upstox Account |
Religare margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Upstox margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Religare | Upstox | |
|---|---|---|
| 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 Religare | Open Upstox Account |
The trading platforms offered Religare include Odin Diet, Web, Dynami. Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.
| Religare | Upstox | |
|---|---|---|
| 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 | |
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| Margin Against Shares (Equity F&O) | |
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| Trading Platform | Odin Diet, Web, Dynami | Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola |
| Intraday Square-off Time | 3:00 PM | |
| Other Features | Mutual Fund, EMI Calculator | Option strategy builder |
| Referral Program | |
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| Enquire Religare | Open Upstox Account |
Religare is rated 2.9 of 5 based on 77 customer reviews whereas Upstox is rated 2.5 of 5 based on 119 customer reviews.
| Religare | Upstox | |
|---|---|---|
77 Customer Reviews  |
119 Customer Reviews |
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| Broker Rating | Religare is rated 2.9 of 5 based on 77 customer reviews | Upstox is rated 2.5 of 5 based on 119 customer reviews |
| Religare Enquire | Upstox Enquire | |
|---|---|---|
| Contact Broker | Get Free Trading + Demat Account for limited time. Get the offer | Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Rs 0 Demat AMC. Open Instant Account online and start trading today. |
| Religare | Upstox | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| Currency | |
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| IPO | |
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| Mutual Funds | |
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| Bond / NCD | |
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| Debt | |
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| Religare | Upstox | |
|---|---|---|
| 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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| Enquire Religare | Open Upstox Account |
| Religare | Upstox | |
|---|---|---|
| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Religare | Upstox | |
|---|---|---|
| Casual Investor | |
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| Active Investor | |
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| Trader | |
| Religare | Upstox | |
|---|---|---|
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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. |
Flat Rs 20 per Trade Brokerage
It is a limited-time offer. Open Instant Account online and start trading the same day. |
| Enquire Religare | Open Upstox Account |
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
Contact Religare
