Religare Securities Limited is established in 1994 as the best stock broker. Shivinder Mohan Singh is the founder of Religare Enterprise. It has its branches across more than 500 cities in the all over the India with 8 lac satisfied customers. It is the member of NSE, BSE, MCXSX (MCX Stock Exchange) and USE (United Stock Exchange). Also, it is depository participants of NSDL and CDSL. It is the wholly owned by the Religare Enterprise Limited, which is the best financial services provider firm in India. It is offering its best brokerage services in equity, commodity, mutual funds, derivatives, NIFTY futures and options etc and as well as the depository services to its valued customers. It has the three kinds of R-ACE trading accounts for its clients that are R-ACE (Basic), R-ACE (advanced) and R-ACE (Professional). It offers integrated financial services to its corporate, retail and wealth management customers.
Religare Securities Products
- MF (Mutual Funds)
- FD(Fixed Deposit)
- NRI Services
Religare Securities Accounts Opening Cost
- Trading Account Opening Charges – Rs 500
- Trading Annual Maintenance Charges – NIL
- Demat Account Opening Charges – NIL
- Demat Account AMC – Rs 300(yearly)
Religare Securities Brokerage Charges
|Account Type||Basic Brokerage Plan|
|Plan Description||Basic Plan with Religare is % base and Advanced brokerage schemes with lower brokerage denomination is also available.|
|Equity Delivery Brokerage||0.5%|
|Equity Intraday Brokerage||0.05%|
|Equity Futures Brokerage||0.5%|
|Equity Options Brokerage||Rs.70/lot|
|Currency Futures Trading Brokerage||0.05%|
|Currency Options Trading Brokerage||Rs.30/lot|
Religare Securities Transaction Charges
|Equity Delivery||Rs 325 Per Cr|
|Equity Intraday||Rs 325 Per Cr|
|Equity Futures||Rs. 190 Per Cr|
|Equity Options||Rs. 5000 Per Cr|
|Currency Futures||Rs 110 Per Cr|
|Currency Options||Rs.4000 per Cr|
|Equity Delivery||Upto 4 times delivery @interest|
|Equity Intraday||Upto 10 times Intraday|
|Equity Futures||Upto 3 times for Intraday|
|Equity Options||Buying no Leverage, shorting upto 3 times for Intraday|
|Currency Futures||Upto 2 times for Intraday|
|Currency Options||Buying no Leverage, shorting upto 2 times for Intraday|
|Commodity||Upto 3 times for Intraday|
Religare Securities Trading Platform
- Desktop Trading platform – Odin Diet
- Web trading platform – https://secure.religareonline.com/Login.aspx
- Mobile Trading Platform – Trade on the go
|Toll Free number|
Religare Securities Pros
- Best Brokerage Services
- Excellent Phone Trading facility.
- Diet Odin Trading Platform – With it online trading this is quite well for trading.
- Best Service with Payouts and all done pretty much within time frame.
- Daily trading confirmation calls
Religare Securities Cons
- Hidden charges are linked.
- Call and trade is not free.
- Brokerage charged is high.