Religare Vs Zerodha (Compare Religare and 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... Know more about Religare


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... Know more about Zerodha

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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
Open an Online Trading Account with Religare.Open an Online Trading Account with Zerodha.
Enquire ReligareOpen Zerodha Account
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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
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Religare Vs Zerodha Brokerage Charges & Plans

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
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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 ReligareOpen Zerodha Account
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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 ReligareOpen Zerodha Account
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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 No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
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 Yes
Enquire ReligareOpen Zerodha Account
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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    Rate Religare 435 Customer Reviews    Rate Zerodha
Fees 3.2 3.7
Brokerage 3.1 4.3
Trading Platform 3.0 3.6
Customer Service 2.9 3.4
Research Capabilities 3.2 2.7
Overall Ratings Rated 2.9 stars Rated 3.7 stars
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
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Contact Broker / Request A Call Back

  Religare Enquire Zerodha Enquire
Contact Broker Get Free Trading + Demat Account for limited time. Get the 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.
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Religare Vs Zerodha Investment Options

  Religare Zerodha
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options
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Religare Vs Zerodha Order Type Offered

  Religare Zerodha
Bracket Order No No
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
Enquire ReligareOpen Zerodha Account
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Religare Vs Zerodha Research Report

  Religare Zerodha
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Religare Vs Zerodha Suitable For Investor Type

  Religare Zerodha
Casual Investor Yes
Active Investor Yes
Trader Yes
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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

Free Trading + Demat Account

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 ReligareOpen Zerodha Account

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