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Religare Securities Vs Finvasia – Share Brokers Comparison
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Religare Securities Vs Finvasia
Here is a point by point comparison of Religare Securities Vs Finvasia. Religare Securities, a subsidiary of Religare Enterprises Limited is a full service broker with more than 8 Lakh clients from more than 500 cities of India. It allows its clients to trade across different segments such as Equity, Derivatives, commodities, currency etc.
Finvasia is a discount broker launched in 2013 with a unique proposition of zero brokerage charges on trading. The broker charges its clients on the basis of the trading platform(s) subscribed to. Based out of Chandigarh, Finvasia allows to trade in Equity, Commodity and Derivatives and not in currency.
Discount brokers such as Finvasia offer trading services at much cheaper brokerage rates and reasonable customer service. On the other hand, Full service brokers such as Religare Securities will help you, spoon feed you, hand hold you through the process, even if you need an offline help, meet someone, talk to somebody and so on. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Religare Securities Vs Finvasia to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally above mentioned aspects are good enough to make a decision based on your preferences, but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
 |  | |
| Finvasia Review | Religare Securities Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Full Service Broker |
| Incorporated In the Year | 2013 | 1994 |
| Number of branches across India | 1 | 500 |
| Exchanges | NSE, BSE, MCX | NSE, BSE, MCX-SX, MCX & NCDEX |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹0 | ₹500 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹300 |
| Transaction Charges | Finvasia Transaction Charges | Religare Securities Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹149 per month per segment | 0.5% |
| Intraday Delivery | ₹149 per month per segment | 0.05% |
| Equity Futures | ₹149 per month per segment | 0.05% |
| Equity Options | ₹149 per month per segment | ₹70 per lot |
| Currency Futures | ₹149 per month per segment | 0.05% |
| Currency Options | ₹149 per month per segment | ₹30 per lot |
| Commodity | ₹149 per month per segment | 0.05% |
| Brokerage Calculator | Religare Securities Brokerage Calculator | |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday | Upto 10 times Intraday, Upto 4 times delivery @interest |
| Equity Futures | Upto 2 times | Upto 3 times for Intraday |
| Equity Options | NA | Buying no Leverage, shorting upto 3 times for Intraday |
| Currency Futures | NA | Upto 2 times for Intraday |
| Currency Options | NA | Buying no Leverage, shorting upto 2 times for Intraday |
| Commodities | Upto 2 times | Upto 3 times for Intraday |
| RESEARCH | ||
| Daily Market Reports |  |  |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | NOW, Nest, AMI Broker, Presto, Blitz | Religare Online, Trade On the Go, ODIN |
| Total BSE+NSE Complaints | 4 | 139 |
| OVERALL RATING |  |  |
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Religare Securities Vs Finvasia
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