The side-by-side comparison of Religare and Zerodha. Compare Religare Vs Zerodha brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Religare vs Zerodha?
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...
Zerodha
Zerodha is India's No. 1 stockbroker. It is largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds.
Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment).
Ze...
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 | |
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Type of Broker | Full Service Broker | Discount Broker |
Supported Exchnages | BSE, NSE, MCX | NSE, BSE, MCX and NCDEX |
Account Type | My Saver Online Plan | Flat Brokerage Plan |
Year of Incorporation | 1994 | 2010 |
Number of Branches | 1500 | 22 |
Broker Enquiry |
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Enquire Religare | Enquire Zerodha |
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 | |
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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 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 | |
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Account Type | My Saver Online Plan | Flat Brokerage Plan |
Fixed Charges | ||
Equity Delivery Brokerage | 0.50% to 0.10% | Rs 0 (Free) |
Equity Intraday Brokerage | 0.050% to 0.010% | Rs 20 per executed order or .03% whichever is lower |
Equity Futures Brokerage | 0.05% | Rs 20 per executed order or .03% whichever is lower |
Equity Options Brokerage | Rs 70 per lot | Rs 20 per executed order |
Currency Futures Trading Brokerage | 0.05% | Rs 20 per executed order or .03% whichever is lower |
Currency Options Trading Brokerage | Rs 30 per lot | Rs 20 per executed order or .03% whichever is lower |
Commodity Futures Trading Brokerage | 0.05% | Rs 20 per executed order or .03% whichever is lower |
Commodity Options Trading Brokerage | 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: Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. Get the offer |
Minimum Brokerage Charges | 1p per share | 0.03% in Intraday and F&O |
Other Brokerage 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 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 | |
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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 | Enquire Zerodha |
Religare provides the margin of Upto 10x for intraday trades whereas the Zerodha margin for intraday cash is Up to 20x (based on the stock).
Religare | Zerodha | |
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Equity Delivery | Upto 4x with 24% interest per year | 1x (no margin) |
Equity Intraday | Upto 10x | Up to 20x (based on the stock) |
Equity Futures | Upto 3x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Equity Options | Upto 3x for shorting | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Currency Futures | Upto 2x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Currency Options | 2x for shorting | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Commodity Futures | Upto 3x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
Commodity Options | ||
Enquire Religare | Enquire Zerodha |
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 | |
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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 Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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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 | ![]() |
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Enquire Religare | Enquire Zerodha |
Religare is rated 2.9 of 5 based on 76 customer reviews whereas Zerodha is rated 3.7 of 5 based on 416 customer reviews.
Religare | Zerodha | |
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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 | Enquire Zerodha |
Religare | Zerodha | |
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Cons |
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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. |
Free Equity Delivery TradingGet free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you. |
Enquire Religare | Enquire Zerodha |
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