Religare Vs Zerodha Share Broker Comparison
The side-by-side comparison of Religare and Zerodha stock brokers in India. The comparison below highlights the similarities and differences between Religare and Zerodha'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 Zerodha.
| |
Religare |
Zerodha |
| |
|
|
|
 |
 |
| 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...  |
Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, wh... |
Type of Broker
|
Full Service Broker |
Discount Broker |
| Supported Exchnage
|
BSE, NSE, MCX |
NSE, BSE, MCX and NCDEX |
| Account Type
|
My Saver Online Plan |
Standard Plan |
| Broker Enquiry |
|
|
Stock Broker Fees / Charges
| |
Religare |
Zerodha |
| Trading Account Opening Fees
|
₹1000 |
₹300 |
| Trading Account AMC
|
Nil |
₹0 (Free) |
| Demat Account Opening Fees
|
Nil |
₹100 |
| Demat Account AMC
|
₹350 |
₹300 |
| Demat Account is Mandatory?
|
No |
No |
Trading Brokerage Charges
Brokerage Plan 1
| |
Religare |
Zerodha |
| Account Type |
My Saver Online Plan |
Standard Plan |
| Fixed Charges
|
|
|
| Equity Delivery Brokerage
|
0.50% to 0.10% |
₹0 (Free) |
| Equity Intraday Brokerage
|
0.050% to 0.010% |
₹20 per executed order or .01% whichever is lower |
| Equity Futures Brokerage
|
0.05% |
₹20 per executed order or .01% whichever is lower |
| Equity Options Brokerage
|
₹100 per lot |
₹20 per executed order or .01% whichever is lower |
| Currency Futures Trading Brokerage
|
₹25 to ₹10 per lot |
₹20 per executed order or .01% whichever is lower |
| Currency Options Trading Brokerage
|
₹25 to ₹10 per lot |
₹20 per executed order or .01% whichever is lower |
| Commodity Futures Trading Brokerage
|
0.05% |
₹20 per executed order or .01% whichever is lower |
| Commodity Options Trading Brokerage
|
|
|
Other Charges
| Minimum Brokerage Charges
|
1p per share |
₹0 |
| Other Brokerage Charges
|
|
Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS |
| Call & Trade Charges
|
₹10 per executed order (max Rs 50 per day) |
₹20 per executed order |
Taxes
| |
Religare |
Zerodha |
| 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. |
Transaction Charges
| |
Religare |
Zerodha |
| Equity Delivery
|
0.0037% |
NSE ₹325 per crore | BSE ₹1 per trade (each side) |
| Equity Intraday
|
0.0037% |
NSE ₹325 per crore | BSE ₹1 per trade (each side) |
| Equity Futures
|
0.004% |
NSE ₹210 per crore | BSE ₹1 per trade (each side) |
| Equity Options
|
0.06% on Premium |
NSE ₹5300 per crore | BSE ₹1 per trade (each side) |
| Currency Futures
|
0.004% |
NSE ₹135 per crore (0.00135%) |
| Currency Options
|
0.06% on Premium |
NSE ₹4400 (on premium) per crore (0.044%) |
| Commodity
|
0.0035% |
Non-Agri ₹360 (0.0036%) | Agri ₹275 per Crore |
Exposure
| |
Religare |
Zerodha |
| Equity Delivery
|
|
1x (no margin) |
| Equity Intraday
|
|
Up to 20x (based on the stock) |
| Equity Futures
|
|
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Equity Options
|
|
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Futures
|
|
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Options
|
|
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Commodity
|
|
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
Share Broker Features
| |
Religare |
Zerodha |
| 3 in 1 Account
|
 |
|
| Charting
|
 |
|
| Automated Trading
|
|
|
| SMS Alerts
|
|
|
| Online Demo
|
|
|
| Online Portfolio
|
|
|
| Margin Trading Funding Available
|
|
|
| Margin Against Shares (Equity Cash)
|
|
|
| Margin Against Shares (Equity F&O)
|
|
|
| Trading Platform
|
Odin Diet |
Kite Web, Kite Android/iOS, Pi, Coin |
| Intraday Square-off Time
|
|
3:10 PM |
| Other Features
|
|
Direct Mutual Funds |
Broker Ratings (Average User Rating)
| |
Religare |
Zerodha |
| |
71 Customer Reviews  |
327 Customer Reviews |
| Fees Ratings |
 |
 |
| Trading Brokerage Rating |
 |
 |
| Trading Platform Usability |
 |
 |
| Customer Service Ratings |
|
 |
| Overall Ratings |
 |
|
| Broker Rating |
Religare is Rated 2.9 / 5 based on 71 customer reviews |
Zerodha is Rated 3.8 / 5 based on 327 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
| |
Religare |
Zerodha |
| Stock / Equity
|
|
|
| Commodity
|
|
|
| Currency
|
|
|
| Initial Public Offers (IPO)
|
|
|
| Mutual Funds
|
|
|
| Bond / NCD
|
|
|
| Debt
|
|
|
| Other Investment Options
|
|
|
Customer Service Offered
| |
Religare |
Zerodha |
| 24/7 Customer Service
|
|
|
| Onine Live Chat
|
|
|
| Through Branches
|
|
|
Order Type
| |
Religare |
Zerodha |
| Bracket Order
|
|
|
| Cover Order
|
|
|
| Buy Today Sell Tomorrow (BTST)
|
|
|
| Sell Today Buy Tomorrow (STBT)
|
|
|
| After Market Order(AMO)
|
|
|
| Good Till Cancelled (GTC)
|
|
|
Research / Tips / Reports Published
| |
Religare |
Zerodha |
| Daily Market Report
|
|
|
| Free Tips
|
|
|
| Quarterly Result Analysis
|
|
|
| News Alerts
|
|
|
Suitable for Investor Category
| |
Religare |
Zerodha |
| Casual Investor
|
|
|
| Active Investor
|
|
|
| Trader
|
|
|
Pros, Cons and Other Review Comments
| |
Religare |
Zerodha |
| Pros
|
- 3 to 4 times exposure is given in cash as well as F&O segment.
More Advantages... |
- Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
- Excellent trading platforms made available for free to all its customers.
- Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
- Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
- 10% referral credit for reffering new customers.
- Direct Mutual Fund Investment is available.
- Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX.
More Advantages... |
| 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).
More Disadvantages... |
- Doesn't provide stock tips, research reports or recommendations.
- Call & Trade is charged at extra Rs 20 order.
- Doesn't provide options to invest in IPO, Bond and NCD's public offers.
- Margin funding is not available.
- GTC/GTD not available in Equity.
More Disadvantages... |
| Reviews
|
|
Useful Articles about Zerodha:
|
| 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. |
Truly free equity delivery trading
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
|
|
Enquire about Religare
|
Enquire about Zerodha
|
| Compare More Brokers |
|
|
Zerodha
Zero Account Opening Fee