Religare Vs Zerodha (Compare Religare and Zerodha)

Religare Vs Zerodha

Incorporated in 1994, Religare is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 1500 branches across India. Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India.

	Religare	Zerodha
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	NSE, BSE, MCX and NCDEX
Year of Incorporation	1994	2010
Number of Branches	1500	22
	Enquire Religare	Open Zerodha Account

Religare Vs Zerodha Charges & AMC

Religare trading account opening charges is Rs 500 while Zerodha account opening changes is Rs 200. Religare Demat Account AMC Charges is Rs 400 from second year onward and Zerodha Demat Account AMC Charges is Rs 300.

	Religare	Zerodha
Trading Account Opening Charges	Rs 500	Rs 200
Trading Account AMC Charges	Nil	Rs 0 (Free)
Demat Account Opening Charges	Nil	Rs 0
Demat Account AMC Charges	Rs 400 from second year onward	Rs 300

Religare Vs Zerodha Brokerage

Religare brokerage charges for equity is 0.50% to 0.10% and intraday is 0.050% to 0.010% whereas Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.

	Religare	Zerodha
Account Type	My Saver Online Plan	Flat Brokerage Plan
Fixed Charges
Equity Delivery	0.50% to 0.10%	Rs 0 (Free)
Equity Intraday	0.050% to 0.010%	Rs 20 per executed order or .03% whichever is lower
Equity Futures	0.05%	Rs 20 per executed order or .03% whichever is lower
Equity Options	Rs 70 per lot	Rs 20 per executed order
Currency Futures	0.05%	Rs 20 per executed order or .03% whichever is lower
Currency Options	Rs 30 per lot	Rs 20 per executed order or .03% whichever is lower
Commodity Futures	0.05%	Rs 20 per executed order or .03% whichever is lower
Commodity Options	Rs 30 per lot	Rs 20 per executed order or .03% whichever is lower
Special Offer	Special Offer: Get Free Trading + Demat Account for limited time. Get the offer	Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.

Religare Charges Vs Zerodha

Minimum Brokerage	1p per share	0.03% in Intraday and F&O
Other Charges		Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges	Rs 10 per executed order (max Rs 50 per day)	Rs 50 per executed order

Religare Vs Zerodha Transaction Charges

Religare transaction charges for options is 0.06% on Premium while Zerodha exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

	Religare	Zerodha
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 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency Options	0.06% on Premium	NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	0.0035%	Group A - Rs 260 per Cr (0.0026%)
	Enquire Religare	Open Zerodha Account

Religare Vs Zerodha Leverage (Margin)

Religare margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Zerodha margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Religare	Zerodha
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
	Enquire Religare	Open Zerodha Account

Compare Religare and Zerodha Features

The trading platforms offered Religare include Odin Diet, Web, Dynami. Zerodha offers Kite Web, Kite Mobile for Android/iOS and Coin trading software.

	Religare	Zerodha
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Odin Diet, Web, Dynami	Kite Web, Kite Mobile for Android/iOS and Coin
Intraday Square-off Time		Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Other Features	Mutual Fund, EMI Calculator	Direct Mutual Funds, APIs for Algo Trading
Referral Program
	Enquire Religare	Open Zerodha Account

Religare Vs Zerodha Review

Religare is rated 2.9 of 5 based on 77 customer reviews whereas Zerodha is rated 3.7 of 5 based on 435 customer reviews.

	Religare	Zerodha
	77 Customer Reviews	435 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Religare is rated 2.9 of 5 based on 77 customer reviews	Zerodha is rated 3.7 of 5 based on 435 customer reviews

Religare Vs Zerodha Investment Options

	Religare	Zerodha
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Religare Vs Zerodha Order Type Offered

	Religare	Zerodha
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire Religare	Open Zerodha Account

Religare Vs Zerodha Research Report

	Religare	Zerodha
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Religare Vs Zerodha Suitable For Investor Type

	Religare	Zerodha
Casual Investor
Active Investor
Trader

Religare Vs Zerodha - Pros and Cons

	Religare	Zerodha
Pros	3 to 4 times exposure is given in cash as well as F&O segment.	India's No. 1 broker in terms of the number of active clients and exchange volume. Safe, reliable, and most technologically advance broker in India. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Flat Rs 20 per trade brokerage for all other segments. Excellent trading platforms (Kite) available for free. Direct Mutual Fund Investment is available. Good Till Triggered (GTT) orders are available. These are similar to GTC orders. NRI Trading account is available.
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).	It does not provide stock tips, research, and recommendations. Call & Trade is charged an extra Rs 50 per order. Auto Square off is charged at an extra Rs 50 per order. It does not offer a 3-in-1 account. It does not offer monthly unlimited trading plans. It does not offer an AMC Free Demat account. No margin funding.
Reviews
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.	Free Equity Delivery Trading and Mutual Funds Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O + Brokerage-free Direct Mutual Fund investment + Trade with the best trading platform in India. This is a limited-time offer. Open Instant Zerodha Account online and start trading today.
	Enquire Religare	Open Zerodha Account