The side-by-side comparison of Religare and Upstox stock brokers in India. The comparison below highlights the similarities and differences between Religare and Upstox's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Religare and Upstox.
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...
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 ...
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
Stock Broker Fees / Charges
Religare
Upstox
Trading Account Opening Fees
₹500
₹150 (Eq and F&O), ₹150 (MCX)
Trading Account AMC
Nil
₹0
Demat Account Opening Fees
Nil
₹0
Demat Account AMC
₹400 from second year onward
₹150
Demat Account is Mandatory?
No
No
Trading Brokerage Charges
Brokerage Plan 1
Religare
Upstox
Account Type
My Saver Online Plan
Upstox Basic
Fixed Charges
Equity Delivery Brokerage
0.50% to 0.10%
₹0
Equity Intraday Brokerage
0.050% to 0.010%
₹20 per trade or 0.01% (whichever is lower)
Equity Futures Brokerage
0.05%
₹20 per trade or 0.01% (whichever is lower)
Equity Options Brokerage
₹70 per lot
₹20 per trade or 0.01% (whichever is lower)
Currency Futures Trading Brokerage
0.05%
₹20 per trade or 0.01% (whichever is lower)
Currency Options Trading Brokerage
₹30 per lot
₹20 per trade or 0.01% (whichever is lower)
Commodity Futures Trading Brokerage
0.05%
₹20 per trade or 0.01% (whichever is lower)
Commodity Options Trading Brokerage
₹30 per lot
Brokerage Plan 2
Religare
Upstox
Account Type
My Saver Online Plan
Upstox Priority
Fixed Charges
₹0
Equity Delivery Brokerage
0.50% to 0.10%
₹0
Equity Intraday Brokerage
0.050% to 0.010%
₹30 per trade or 0.05% (whichever is lower)
Equity Futures Brokerage
0.05%
₹30 per trade or 0.05% (whichever is lower)
Equity Options Brokerage
₹70 per lot
₹30 per trade or 0.05% (whichever is lower)
Currency Futures Trading Brokerage
0.05%
₹30 per trade or 0.05% (whichever is lower)
Currency Options Trading Brokerage
₹30 per lot
₹30 per trade or 0.05% (whichever is lower)
Commodity Futures Trading Brokerage
0.05%
₹30 per trade or 0.05% (whichever is lower)
Commodity Options Trading Brokerage
₹30 per lot
Other Charges
Minimum Brokerage Charges
1p per share
₹0
Other Brokerage Charges
Call & Trade Charges
₹10 per executed order (max Rs 50 per day)
₹20 per trade
Taxes
Religare
Upstox
Securities Transaction Tax (STT)
Equity Intraday: 0.025% (on Sell trade)
Equity Delivery: 0.1% (on Buy and Sell)
Equity Futures: 0.01% (on Sell trade)
Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures: Nil
Currency Options: Nil
Commodities: 0.01% on sell side (Non-Agri)
Equity Intraday: 0.025% (on Sell trade)
Equity Delivery: 0.1% (on Buy and Sell)
Equity Futures: 0.01% (on Sell trade)
Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures: Nil
Currency Options: Nil
Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
Check table below
SEBI Charges
Rs 15 per Crore
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Charged as per the state of the client's correspondence address.
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.
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.
Zerodha
Zero Account Opening Fee
