Account | Charges |
Trading Account Opening Charges | Rs 500 |
Trading Account AMC | Rs.0 |
Demat Account Opening Charges | Rs.0 |
Demat AMC | First year free, Rs 400 from next year onward |
Religare Brokerage:
While trading in the stock market on Religare, you need to pay brokerage which is different for all the segment. • Equity Delivery : 0.50% to 0.10%
• Equity Intraday : 0.050% to 0.010%
• Equity Futures : 0.05%
• Equity Options : Rs 70 per lot
• Currency Futures : 0.05%
• Currency Options : Rs 30 per lot
• Commodity Futures : 0.05%
• Commodity Options : Rs 30 per lot
Religare Other Charges:
Taxes | Rates |
Securities Transaction Tax (STT) | - Equity Delivery- 0.1% on both buy & sell
- Equity Intraday- 0.025% on sell side
- Equity Futures- 0.01% on sell side
- Equity Options- 0.05% on sell side (premium)
- Commodity Futures- 0.01% on sell side (Non-Agri)
- Commodity Options- 0.05% on sell side
- Currency F&O- No STT
- On exercise transaction- 0.125%
- Right to entitlement- 0.05% on sell side
|
GST | 18% on (Brokerage + Transaction + SEBI fee) |
SEBI Charges | 0.00005% (Rs.5/crore) |
Stamp Duty | (On buy side only) Delivery- 0.015%, Intraday- 0.003%, Equity Futures- 0.002%, Equity Options- 0.003% and Currency F&O- 0.0001% Commodity Futures- 0.002%, Commodity Options- 0.003% |
Religare Trading Software:
Religare offers free trading software and tools to the clients which are as follows:
1. Religare Online web – It is a browser-based trading platform through which you can trade from any place by using any laptop or desktop.
2. Religare Trade on the go – This is a smartphone-based mobile application that allows customers to trade from any place.
3. Dynami – This is also a smartphone-based mobile application equipped with modern features and available for download in Google play store and App store respectively for android users and IOS users.
Religare Margin:
Segment | Margin |
Equity Delivery | No margin |
Equity Intraday | Up to 6x (Based on the stock) |
Equity Future | Intraday – 1.3x, Carry forward – 1x of NRML margin (Span + Exposure) |
Equity Option | Intraday – 1.3x, Carry forward – 1x of NRML margin (Span + Exposure) |
Currency Futures | Intraday – 1.3x, Carry forward – 1x of NRML margin (Span + Exposure) |
Currency Option | Intraday – 1.3x, Carry forward – 1x of NRML margin (Span + Exposure) |
Commodity Futures | Intraday – 1.3x, Carry forward – 1x of NRML margin (Span + Exposure) |
Religare Advantages & Disadvantages:
Religare is a very old and popular broker. We must read advantages and disadvantages before choosing Religare.
Advantages:
• Full-secure and diversified platform.
• Online & offline both account opening facility.
• Lifetime AMC free on onetime payment of Rs 2500.
• Free demat account.
• Offers research and recommendation services.
• You can drop the check in the branch to fund your account.
• 24/7/365 customer support.
• Presence in more than 1400 location across India.
• Hassle-free, easy-to-use and ultra-fast trading software.
Disadvantages:
• Does not offer 3-in-1 account.
• Call and trade charged at Rs 10 per executed order (Max Rs 50/day in a segment).