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Reliance Securities Vs Religare Securities – Share Brokers Comparison
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Reliance Securities Vs Religare Securities
Here is a point by point comparison of Reliance Securities Vs Religare Securities. Reliance Securities is the trading arm of Reliance Capital. It was founded in the year 2006 and currently has a customer base of 7 lakh with presence in over 1700 branches. Religare Securities, a subsidiary of Religare Enterprises Limited is also a full service broker with more than 8 Lakh clients from more than 500 cities of India. This stock broking firm allows its clients to trade across different segments such as Equity, Derivatives, commodities, currency etc
It can become very difficult to decide between two full service broker like Reliance Securities & Religare Securities since they offer very similar propositions. However, if you are able to see how one type of broker is different from the other on a side to side level, making a choice can be relatively simpler. Thus, to make things easy for you, we have listed out the comparison between Religare Securities and Reliance Securities 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.
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| Reliance Securities Review | Religare Securities Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Full Service Broker |
| Incorporated In the Year | 2006 | 1994 |
| Number of branches across India | 1700 | 500 |
| Exchanges | NSE, BSE, & MCX-SX | NSE, BSE, MCX-SX, MCX & NCDEX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹950 | ₹500 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹400 | ₹300 |
| Transaction Charges | Reliance Securities Transaction Charges | Religare Securities Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.5% to 0.08% | 0.5% |
| Intraday Delivery | 0.05% to 0.005% | 0.05% |
| Equity Futures | 0.05% to 0.005% | 0.05% |
| Equity Options | ₹7 to ₹10 per lot | ₹70 per lot |
| Currency Futures | 0.04% | 0.05% |
| Currency Options | ₹40 per lot | ₹30 per lot |
| Commodity | NA | 0.05% |
| Calculate Brokerage | Reliance Securities Brokerage Calculator | Religare Securities Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday, Upto 3 times for Delivery | Upto 10 times Intraday, Upto 4 times delivery @interest |
| Equity Futures | Upto 3 times for Intraday | Upto 3 times for Intraday |
| Equity Options | No Leverage | Buying no Leverage, shorting upto 3 times for Intraday |
| Currency Futures | No Leverage | Upto 2 times for Intraday |
| Currency Options | No Leverage | Buying no Leverage, shorting upto 2 times for Intraday |
| Commodities | NA | 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) | InstaExpress | Religare Online, Trade On the Go, ODIN |
| Total BSE+NSE Complaints | 69 | 139 |
| OVERALL RATING |  |  |
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with Religare Securities or Reliance Securities for the benefits of other readers. Please feel free to share in the comments below.
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Reliance Securities Vs Religare Securities
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