Religare Vs INDmoney
Religare
Religare Review gives an overall view and updates about the Religare Review Brokerage Charges, Religare Margin, Religare Trading Software 2024, Religare Demat Account Charges and it also gives overview on Religare NRI Account, Religare Branches, Religare Customer Complaints, Religare Advantages and Disadvantages, Religare Mutual Fund, Religare IPO and offers a wide range of financial products through Religare Website and mobile application as Religare has a strong presence across India
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Religare Vs INDmoney - Broker Details
| Religare | INDmoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2019 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE and MCX |
| Branches | 851+ | 966 |
| Brokerage | 0.01% | 0.05% or up to ₹20/Per Order |
| Broker Type | Discount Broker | Discount Broker |
Religare Vs INDmoney - Account Opening & AMC Charges
| Religare | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹360/- ( 2nd Year Onwards) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Religare Vs INDmoney - Brokerage charges & Plans
| Religare | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% | N/A |
| Currency Futures | 0.01% | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹0 | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹10/ Lot | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹7/ Lot | N/A |
| Equity Futures | 0.01% | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹7/ Lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | 0.01% | 0.05% or up to ₹20/Per Order |
| Equity Intraday | 0.01% | 0.05% or up to ₹20/Per Order |
Religare Vs INDmoney - Other Charges
| Religare | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per position |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹50 per position |
| Other Brokerage Charges | 0.01% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | 0.01% | 0.05% or up to ₹20/Per Order |
Religare Vs INDmoney - Transaction Charges
| Religare | INDmoney | |
|---|---|---|
| Currency Options | 0.06% on Premium | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | 0.004% | NSE: 0.00195% on total turnover value |
| Equity Intraday | 0.0037% | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | 0.06% on Premium | NSE: 0.053% on premium value |
| Commodity | 0.0035% | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | 0.004% | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | 0.0037% | NSE - 0.00325% | BSE- 0.00375% |
Religare Vs INDmoney - Margin (Exposure)
| Religare | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Religare Vs INDmoney - Features
| Religare | INDmoney | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1.Religare Dynami- Mobile App 2.Religare Online- Web Portal 3. Dynami Wrap- Mutual funds App | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Religare Vs INDmoney - Review & Rating
| Religare | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
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Religare Vs INDmoney - Request a call back from Broker
| Religare | INDmoney | |
|---|---|---|
Religare Vs INDmoney - Investment Options
| Religare | INDmoney | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Religare Vs INDmoney - Order Type
| Religare | INDmoney | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Religare Vs INDmoney - Research & Report
| Religare | INDmoney | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Religare Vs INDmoney - Daily Market Report
| Religare | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
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Religare Vs INDmoney - Suitable For Investor
| Religare | INDmoney | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Religare Vs INDmoney - Pros & Cons
| Religare | INDmoney | |
|---|---|---|
| Pros | 1. Life time AMC free account is available 2. Account Opening Free 3.Facility is available to fund your account by dropping the check in the branch. 4. Customer Service is good. 5.Facility is available to fund your account by dropping the check in the branch. | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| Cons | 1.It does not provide 3 in 1 account 2.Automated trading not allowed | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
Religare Vs INDmoney - Background
| Religare | INDmoney | |
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Religare Vs INDmoney - Compare All Brokers
| Religare | INDmoney | |
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Religare Vs INDmoney - STT/CTT
| Religare | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Religare Vs INDmoney - Demat transaction charges
| Religare | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | ₹250/ per certificate |
Religare Vs INDmoney - GST
| Religare | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Religare Vs INDmoney - SEBI Charges
| Religare | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Religare Vs INDmoney - Account Opening & AMC Charges
Religare
INDmoney
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹360/- ( 2nd Year Onwards)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Religare Vs INDmoney
| Religare | INDmoney | |
|---|---|---|
Religare Review | Brokerage Charges, Account Opening‘Values that bind’ is the famous tagline of Religare which means customer’s satisfaction and trust is the top most priority of the company. latin word Religare means to bind together the customer’s satisfaction. Religare founder ncorporated on Religare established year 1982 as a stock brokerage firm called as Religare Securities Limited (RSL) which is .. + " Vs "+ INDmoney |
INDmoney Account Opening Process, Charges, and Documentation Details |
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INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Religare Vs INDmoney - Brokerage charges & Plans
| Religare | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% | N/A |
| Currency Futures | 0.01% | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹0 | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹10/ Lot | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹7/ Lot | N/A |
| Equity Futures | 0.01% | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹7/ Lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | 0.01% | 0.05% or up to ₹20/Per Order |
| Equity Intraday | 0.01% | 0.05% or up to ₹20/Per Order |
Religare Vs INDmoney - Margin (Exposure)
| Religare | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Religare Vs INDmoney - Other Charges
| Religare | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per position |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹50 per position |
| Other Brokerage Charges | 0.01% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | 0.01% | 0.05% or up to ₹20/Per Order |
Religare Vs INDmoney - STT/CTT
| Religare | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Religare Vs INDmoney - Demat transaction charges
| Religare | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | ₹250/ per certificate |
Religare Vs INDmoney - GST
| Religare | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Religare Vs INDmoney - SEBI Charges
| Religare | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Religare Vs INDmoney - Features
| Religare | INDmoney | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
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| 3 in 1 Account |
|
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| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1.Religare Dynami- Mobile App 2.Religare Online- Web Portal 3. Dynami Wrap- Mutual funds App | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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