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Comparision (Religare VS Upstox)

 

Religare Vs Upstox

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

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.

Religare Vs Upstox - Broker Details

Religare Upstox
Single Margin Facility
Year of Incorporation 2016 2009
Exchanges NSE, BSE, MCX and NCDEX BSE, NSE and MCX
Branches 851+ Zero
Brokerage 0.01% ₹20/ Order or 0.05% (Whichever is lower)
Broker Type Discount Broker Discount Broker

Religare Vs Upstox - Account Opening & AMC Charges

Religare Upstox
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 Upstox - Brokerage charges & Plans

Religare Upstox
Commodity Futures 0.01% ₹20/ Order or 0.05% (whichever is lower)
Currency Futures 0.01% ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery ₹0 ₹20/ Order or 2.5% (whichever is lower)
Equity Options ₹10/ Lot ₹20/ Order
Commodity Options ₹7/ Lot ₹20/ Order
Equity Futures 0.01% ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹7/ Lot ₹20/ Order
Fixed Charges 0.01% ₹20/ Order
Equity Intraday 0.01% ₹20/ Order or 0.05% (whichever is lower)

Religare Vs Upstox - Other Charges

Religare Upstox
RMS Square Off Charge ₹0 (Free) (₹50 + GST)
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹0 (Free) (₹50 + GST)
Other Brokerage Charges 0.01% ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage 0.01% ₹20/ Order

Religare Vs Upstox - Transaction Charges

Religare Upstox
Currency Options 0.06% on Premium NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025%
Equity Futures 0.004% NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002%
Equity Intraday 0.0037% NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Equity Options 0.06% on Premium NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005%
Commodity 0.0035% Non-Agri: Exchange turnover charge: 0.0026%
Currency Futures 0.004% NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Equity Delivery 0.0037% NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group

Religare Vs Upstox - Margin (Exposure)

Religare Upstox
Equity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
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 margins(SPAN + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
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 Upstox - Features

Religare Upstox
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM
Trading Platform 1.Religare Dynami- Mobile App 2.Religare Online- Web Portal 3. Dynami Wrap- Mutual funds App 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator
SMS Alerts for Trades
Direct Mutual Fund

Religare Vs Upstox - Review & Rating

Religare Upstox
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Religare Vs Upstox - Request a call back from Broker

Religare Upstox

Religare Vs Upstox - Investment Options

Religare Upstox
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Religare Vs Upstox - Order Type

Religare Upstox
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Religare Vs Upstox - Research & Report

Religare Upstox
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Religare Vs Upstox - Daily Market Report

Religare Upstox
Daily Market Reports & News

Religare Vs Upstox - Suitable For Investor

Religare Upstox
Casual Investor
Active Investor
Trader

Religare Vs Upstox - Pros & Cons

Religare Upstox
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.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares.
Cons 1.It does not provide 3 in 1 account 2.Automated trading not allowed 1. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades.

Religare Vs Upstox - Background

Religare Upstox

Religare Vs Upstox - Compare All Brokers

Religare Upstox

Religare Vs Upstox - STT/CTT

Religare Upstox
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell trade (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
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% on sell trade

Religare Vs Upstox - Demat transaction charges

Religare Upstox
Equity Demat Transaction Charges ₹15 + Gst per scrip only on sell Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell

Religare Vs Upstox - GST

Religare Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)

Religare Vs Upstox - SEBI Charges

Religare Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

Religare Vs Upstox - Account Opening & AMC Charges

Religare
Upstox
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)
 
Call Back Open Account

Religare Vs Upstox

Religare Upstox
 

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 "+ Upstox
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Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

Upstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.

Read more..
 
 

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.

Religare Vs Upstox - Brokerage charges & Plans

Religare Upstox
Commodity Futures 0.01% ₹20/ Order or 0.05% (whichever is lower)
Currency Futures 0.01% ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery ₹0 ₹20/ Order or 2.5% (whichever is lower)
Equity Options ₹10/ Lot ₹20/ Order
Commodity Options ₹7/ Lot ₹20/ Order
Equity Futures 0.01% ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹7/ Lot ₹20/ Order
Fixed Charges 0.01% ₹20/ Order
Equity Intraday 0.01% ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Religare Vs Upstox - Margin (Exposure)

Religare Upstox
Equity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
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 margins(SPAN + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
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 Upstox - Other Charges

Religare Upstox
RMS Square Off Charge ₹0 (Free) (₹50 + GST)
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹0 (Free) (₹50 + GST)
Other Brokerage Charges 0.01% ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage 0.01% ₹20/ Order

Religare Vs Upstox - STT/CTT

Religare Upstox
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell trade (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
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% on sell trade

Religare Vs Upstox - Demat transaction charges

Religare Upstox
Equity Demat Transaction Charges ₹15 + Gst per scrip only on sell Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell

Religare Vs Upstox - GST

Religare Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)

Religare Vs Upstox - SEBI Charges

Religare Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

Religare Vs Upstox - Features

Religare Upstox
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM
Trading Platform 1.Religare Dynami- Mobile App 2.Religare Online- Web Portal 3. Dynami Wrap- Mutual funds App 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator
SMS Alerts for Trades
Direct Mutual Fund

Religare

Upstox