FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Religare Broking Vs Geojit: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Religare Broking ranges between 0.05 to 0.50% while the brokerage of Geojit ranges between .03 to .3%. Both the brokers are Full Service brokers. Religare Broking is having overall lower rating compare to Geojit. Religare Broking is rated only 3.5 out of 5 where Geojit is rated 4 out of 5. Number of active customer for Geojit is 2,38,218 where number of active customer for Religare Broking is 1,40,818. Geojit is serving more customer compare to Religare Broking.

Here we present side-by-side comparison of Religare Broking vs Geojit share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Religare Broking vs Geojit's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Religare Broking vs Geojit share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Religare Broking vs Geojit's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Religare Broking vs Geojit on Service

  Religare Broking Compare
Religare Broking
Geojit Compare
Geojit
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 1,40,818 2,38,218
Broker Overview Open free Religare Demat & Trading Account, and trade via user-friendly platforms; Dynami App and Religare Online website. Also invest in the SmartInvest portfolio management services, US stocks, and get experts trading tips, investment ideas, an... Know more about Religare Broking Open a Free Demat Account online with Geojit BNP Paribas today to start online trading on the state-of-the-art trading platforms; SELFIE app, web, and desktop terminal, and also get financial planning, portfolio management services, and get free acce...Know more about Geojit
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
Expand

Account Opening Charges and AMC

Compare Religare Broking vs Geojit on Trading & Demat Account Opening Charges

Comparison of Religare Broking with Geojit on trading & demat account opening charges and AMC. Trading account opening charges - Geojit offer Free account opening where Religare Broking charges Rs 500 for account opening. Demat AMC charges - Religare Broking charges Rs 400 PA [Free for first year] AMC for Demat account where Geojit charges Rs 700 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Religare Broking with Geojit
Charges Religare Broking Geojit
Trading Account Opening Fees Rs 500 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA [Free for first year] Rs 700 PA
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare Religare Broking vs Geojit on Plan Options

Plans are the most important feature you look when compare Religare Broking with Geojit. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Religare Broking with Geojit on Plan Options
Plan Types Religare Broking Geojit
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare Religare Broking vs Geojit on Brokerage Charges

Religare Broking Brokerage Plan detail - Religare One is a standard brokerage plan that charges a fixed percentage of brokerage from clients. The plan also provides a 3-month free subscription to the fair deal plan that charges Rs. 0 brokerages on non-profitable trades and options trading at just Rs. 5 per lot.

Geojit Brokerage Plan detail - This is a standard plan by Geojit This is % based brokerage plan.This is % based brokerage plan. Brokerage is between .03% to .3%, which is 3 paisa to 30 paisa.

Brokerage Charges - Compare Religare Broking with Geojit
Brokerage Charges Compare Religare Broking Geojit
Plan Name Religare One Brokerage Plan (Percentage Based) Online Trading Plan (Percentage Based)
Equity Delivery 0.50% to 0.10% 0.30% or 30 paisa
Equity Intraday 0.05% to 0.01% 0.03% or 3 paisa
Equity Futures 0.05% or 5 paisa 0.01%
Equity Options Rs 70 Per Lot Rs 50 Per Lot
Currency Futures 0.05% or 5 paisa 0.03% or 3 paisa
Currency Options Rs 30 Per Lot Rs 50 Per Lot
Commodity Trading Futures: 0.05%| Options: Rs 30 per lot 0.05% (Buy and sell)| Options: Rs. 150/lot| Option
Minimum Brokerage 1p per share 1p per share or Rs 20/contract whichever is higher
Hidden Charges Yes Info Not Available
Funding Yes - 21% interest PA Yes - 20% interest PA
Call & Trade Charges Rs 10 per order, Max rs 50 per segment per day Free
Auto Square off Charges Rs 10 per order, Max rs 50 per segment per day Free
Brokerage Calculator Brokerage Calculator for Religare Broking Brokerage Calculator for Geojit
Expand

Share Broker's Transaction Charges

Compare Religare Broking vs Geojit on Transaction Charges

Compare Religare Broking with Geojit on transaction charges and PCM fee by segment.

Transaction Charges - Compare Religare Broking with Geojit
Transaction Charges Compare Religare Broking Geojit
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for religare-broking Complete Brokerage Plans for geojit
Expand

Account Features

Compare Religare Broking vs Geojit on Account Features

Compare Religare Broking with Geojit on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Geojit offers a margin funding where Religare Broking doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Religare Broking with Geojit
Account Features Compare Religare Broking Geojit
3 in 1 Account No Religare Broking have 2-in-1 account. Only Demate and Trading account. No Religare Broking have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
Expand

Trading Platform

Compare Religare Broking vs Geojit on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Religare Broking and Geojit. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Religare Broking with Geojit
Trading Platform Compare Religare Broking Geojit
Desktop Trading Platform OdinDiet and Power FnO SELFIE Platinum
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://secure.religareonline.com/Login.aspx https://selfie.geojit.net/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Religare Dynami SELFIE Geojit
Mobile Trading App Demo Religare Dynami Demo SELFIE Geojit Demo
Android Mobile App Yes Yes
Android App Download Andriod Religare Dynami Download Andriod SELFIE Geojit Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Religare Dynami Download iOS SELFIE Geojit Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Religare Broking Equity Intraday and Delivery Brokerage Calculator for Geojit
Futures Brokerage Calculator Futures Brokerage Calculator for Religare Broking Futures Brokerage Calculator for Geojit
Options Brokerage Calculator Options Brokerage Calculator for Religare Broking Options Brokerage Calculator for Geojit
Detail Detail on Trading Platforms for religare-broking Detail on Trading Platforms for geojit

Expand

Broker Ratings by Users

Compare Religare Broking vs Geojit on User Rating

  Religare Broking Geojit
  56 Customer Reviews    Rate Religare Broking 79 Customer Reviews    Rate Geojit
Fees Ratings 3.2 3.6
Trading Brokerage Rating 3.2 3.4
Trading Platform Usability 3.0 3.9
Customer Service Ratings 2.9 3.8
Overall Ratings 2.9 3.7
Broker Rating Religare Broking is Rated 2.9 / 5 based on 56 customer reviews Geojit is Rated 3.7 / 5 based on 79 customer reviews
Expand

Investment Offerings

Compare Religare Broking vs Geojit on Investment Offerings

Compare Religare Broking with Geojit on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Geojit provides PMS Service where Religare Broking doesn't offer

Investment Offerings - Compare Religare Broking with Geojit
Investment Offerings Compare Religare Broking Geojit
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No Yes
PMS Service No Yes
Other Investment Options NIL Insurance
Expand

Order Types

Compare Religare Broking vs Geojit on Order Types

Order Type - Compare Religare Broking with Geojit on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Religare Broking provide Cover Orders (CO) where Geojit doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both broker don't have Bracket Orders (BO).With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare Religare Broking with Geojit
Order Type Compare Religare Broking Geojit
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
Expand

Customer Service Offered

Compare Religare Broking vs Geojit on Customer Service

Compare Religare Broking with Geojit on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Religare Broking with Geojit
Customer Service Compare Religare Broking Geojit
24/7 Customer Service Religare Broking vs Geojit - 24x7 customer support No No
Email Support Religare Broking vs Geojit - Email Support Yes Yes
Onine Live Chat Religare Broking vs Geojit - Onine Live Chat No No
Phone Support Religare Broking vs Geojit - Phone Support Yes Yes
Toll Free Number Religare Broking vs Geojit - Toll Free Number No Yes
Through Branches Religare Broking vs Geojit - Through Branches Yes Yes
Customer Care Number Religare Broking vs Geojit - Customer Care Number 1860-25-88888 1800-425-5501/1800-103-5501/91-484-2405822
Account Opening Process Religare Broking vs Geojit - Account Opening Process Online/Paperless Offline
Customer Support Email Religare Broking vs Geojit - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Religare Broking vs Geojit - Knowledge Center/Education Not available https://insights.geojit.com/
Head Office Address Religare Broking vs Geojit - Head Office Address/Corporate Address Religare Broking Limited,
2nd Floor,
Rajlok Building,
24, Nehru Place,
New Delhi-110019
Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
Website Religare Broking vs Geojit - Company Website http://www.religareonline.com https://www.geojit.com/
Expand

Tips/Research/Reports Published

Compare Religare Broking vs Geojit on Research Reports, Tips

Compare Religare Broking with Geojit on research reports and tips provided by the broker.

Research Reports - Compare Religare Broking with Geojit
  Religare Broking Geojit
Research Mutual Funds Religare Broking vs Geojit - Research Mutual Funds Yes Yes
Research Equity Reports Religare Broking vs Geojit - Research Equity Reports Yes Yes
Research ETF Religare Broking vs Geojit - Research ETF Yes Yes
Daily Market Report Religare Broking vs Geojit - Daily Market Report Yes Yes
Free Tips Religare Broking vs Geojit - Free Tips Yes Yes
Quarterly Result Analysis Religare Broking vs Geojit - Quarterly Results Yes Yes
News Alerts Religare Broking vs Geojit - Yes Yes
Expand

Demat Account

Compare Religare Broking vs Geojit on Demat Account

Compare Religare Broking with Geojit on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Geojit is ₹600 pa where for Religare Broking is ₹400 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Religare Broking is ₹12 where for Geojit is 0.02% of transaction value (Max ₹40) + CDSL charges.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Religare Broking with Geojit
  Religare Broking Geojit
DP Source CDSL CDSL
DP ID Religare Broking vs Geojit - DP ID 30200 48900
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹600 pa
Advance Deposit Rs. 500/- NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12 0.02% of transaction value (Max ₹40) + CDSL charges
Demat ₹5 per certificate + ₹30 courier charges ₹100 per demat request max 5 + ₹20 each additional certificate
Remat ₹20 per certificate + ₹30 courier charges + CDSL Charges ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges
Pledge Creation 0.02% of transaction value or ₹50 whichever is higher ₹50 per transaction
Pledge Creation Confirmation 0.02% of transaction value or ₹50 whichever is higher Nil
Pledge Closure 0.02% of transaction value or ₹50 whichever is higher Nil
Pledge Closure Confirmation 0.02% of transaction value or ₹50 whichever is higher Nil
Pledge Invocation 0.02% of transaction value or ₹50 whichever is higher ₹50 per transaction
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare Religare Broking vs Geojit on Special Offers and Promotion

Compare Religare Broking with Geojit on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Religare Broking vs Geojit on Special Offers and Promotion
  Religare Broking Geojit
Pay In and Pay Out Options Religare Broking vs Geojit - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Religare Mobile, Rligare Desktop and Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SELFIE Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Religare Broking vs Geojit - Payout Time Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Religare Broking vs Geojit - Bank Supported and Charges 21+ bank connected via payment gatway, Rs 10 fee for per transaction. Info Not Available
Bank Detail RELIGARE BROKING LIMITED,
Account Number:30078551502
Bank and Branch: SBI,Capital Market Branch,Mumbai
Account Type: Current Account
IFSC Code:SBIN0011777
Info Not Available
Likes
  • Invest in a bouquet of products.
  • Multiple brokerage plans.
  • Zero account opening charges.
  • Zero AMC for the first year.
  • State-of-the-art platforms with charting and other features.
  • Best-in-class research services from experts.
  • Dynami Wrap app, a free mutual fund investment
  • Fair Deal plan: Zero brokerage on loss-making trades for 3 months.
  • Dedicated relationship manager.
  • Margin trading.

Detail Review...

  • Trade and invest in stocks, derivatives, commodities, and currencies.
  • Zero account opening charges and Zero AMC.
  • 3-in-1 account opening.
  • Invest in smartfolios, a basket of stocks.
  • Diversify your portfolio with global investment.
  • In-depth stocks and mutual fund research access for free.
  • STEPS, comprehensive financial planning, and investment advisory
  • Apply for IPO and invest in mutual funds.
  • Secure & user-friendly SELFIE superfast platform in web, app, and desktop versions.
  • FundsGenie, a dedicated mutual fund app platform.
  • Great quality customer care support.
  • 4x exposure on Margin trading facility (MTF).
  • Place buy and sell GTT order.
  • Loans against shares.

Detail Review...

Dislikes
  • Minimum brokerage charges is levied.
  • Non-transparent brokerage structure.
  • Religare does not have a flat discount brokerage plan.
  • ODIN Diet is a paid platform.

Detail Review...

  • Geojit charges relatively high brokerage compared to other full-service brokers like Angel One, Edelweiss.
  • FundsGenie mutual fund app is not available for iOS platform users.

Detail Review...

Special Offers/Promo - Account opening fees Rs 500 waived off if you open an account with Rs 25000 margin.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-13T03:22:46+00:00