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Religare Broking Vs Mangal Keshav: 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 Mangal Keshav ranges between 0.03% to 0.30%. Both the brokers are Full Service brokers. Religare Broking is having overall higher rating compare to Mangal Keshav. Religare Broking is rated 3.5 out of 5 where Mangal Keshav is rated only 3 out of 5. Number of active customer for Religare Broking is 1,40,818 where number of active customer for Mangal Keshav is 6,931. Religare Broking is serving more customer compare to Mangal Keshav.

Here we present side-by-side comparison of Religare Broking vs Mangal Keshav 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 Mangal Keshav'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 Mangal Keshav 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 Mangal Keshav'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 Mangal Keshav on Service

  Religare Broking Compare
Religare Broking
Mangal Keshav Compare
Mangal Keshav
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 6,931
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 Mangal Keshav being an active member of BSE since 1939 is one of the oldest stock broking houses in India. Multi-product avenues, all types of trading platforms (web, app, and desktop software), research-driven tips & advisory, portfolio manageme...Know more about Mangal Keshav
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Religare Broking vs Mangal Keshav on Trading & Demat Account Opening Charges

Comparison of Religare Broking with Mangal Keshav on trading & demat account opening charges and AMC. Trading account opening charges - Mangal Keshav 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 Mangal Keshav charges Rs 750 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Religare Broking with Mangal Keshav
Charges Religare Broking Mangal Keshav
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 750 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Religare Broking vs Mangal Keshav on Plan Options

Plans are the most important feature you look when compare Religare Broking with Mangal Keshav. 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 Mangal Keshav on Plan Options
Plan Types Religare Broking Mangal Keshav
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Religare Broking vs Mangal Keshav 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.

Mangal Keshav Brokerage Plan detail - This is a standard plan by Mangal Keshav. This is a % based brokerage plan. Brokerage is between .03% to .30%, which is 3 paisa to 30 paise per 100 rs.

Brokerage Charges - Compare Religare Broking with Mangal Keshav
Brokerage Charges Compare Religare Broking Mangal Keshav
Plan Name Religare One Brokerage Plan (Percentage Based) Standard Brokerage 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 0.03% or 3 paisa
Equity Options Rs 70 Per Lot Rs 100 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 0.03% or 3 paisa
Minimum Brokerage 1p per share NIL
Hidden Charges Yes Info Not Available
Funding Yes - 21% interest PA Info Not Available
Call & Trade Charges Rs 10 per order, Max rs 50 per segment per day NA
Auto Square off Charges Rs 10 per order, Max rs 50 per segment per day NA
Brokerage Calculator Brokerage Calculator for Religare Broking Brokerage Calculator for Mangal Keshav
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Share Broker's Transaction Charges

Compare Religare Broking vs Mangal Keshav on Transaction Charges

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

Transaction Charges - Compare Religare Broking with Mangal Keshav
Transaction Charges Compare Religare Broking Mangal Keshav
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 mangal-keshav
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Account Features

Compare Religare Broking vs Mangal Keshav on Account Features

Compare Religare Broking with Mangal Keshav 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 - Mangal Keshav offers Algo Trading where Religare Broking doesn't offers Algo Trading. Margin Funding - Mangal Keshav 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 Mangal Keshav
Account Features Compare Religare Broking Mangal Keshav
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 Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Religare Broking vs Mangal Keshav on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Religare Broking and Mangal Keshav. 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 Mangal Keshav
Trading Platform Compare Religare Broking Mangal Keshav
Desktop Trading Platform OdinDiet and Power FnO Mangal Trader
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://secure.religareonline.com/Login.aspx Mangal Keshav Web Trading Platform
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App Religare Dynami Mangal Trader
Mobile Trading App Demo Religare Dynami Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Religare Dynami Download Andriod Mangal Trader Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Religare Dynami Download iOS Mangal Trader Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Religare Broking Equity Intraday and Delivery Brokerage Calculator for Mangal Keshav
Futures Brokerage Calculator Futures Brokerage Calculator for Religare Broking Futures Brokerage Calculator for Mangal Keshav
Options Brokerage Calculator Options Brokerage Calculator for Religare Broking Options Brokerage Calculator for Mangal Keshav
Detail Detail on Trading Platforms for religare-broking Detail on Trading Platforms for mangal-keshav

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Broker Ratings by Users

Compare Religare Broking vs Mangal Keshav on User Rating

  Religare Broking Mangal Keshav
  56 Customer Reviews    Rate Religare Broking 1 Customer Reviews    Rate Mangal Keshav
Fees Ratings 3.2 5.0
Trading Brokerage Rating 3.2 5.0
Trading Platform Usability 3.0 4.0
Customer Service Ratings 2.9 4.0
Overall Ratings 2.9 5.0
Broker Rating Religare Broking is Rated 2.9 / 5 based on 56 customer reviews Mangal Keshav is Rated 5.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare Religare Broking vs Mangal Keshav on Investment Offerings

Compare Religare Broking with Mangal Keshav 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) - both the brokers don't have PMS Service.

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

Compare Religare Broking vs Mangal Keshav on Order Types

Order Type - Compare Religare Broking with Mangal Keshav 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 Mangal Keshav 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- Religare Broking offers Good Till Cancelled (GTC) orders where Mangal Keshav doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Religare Broking with Mangal Keshav
Order Type Compare Religare Broking Mangal Keshav
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 No
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Customer Service Offered

Compare Religare Broking vs Mangal Keshav on Customer Service

Compare Religare Broking with Mangal Keshav 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 Mangal Keshav
Customer Service Compare Religare Broking Mangal Keshav
24/7 Customer Service Religare Broking vs Mangal Keshav - 24x7 customer support No No
Email Support Religare Broking vs Mangal Keshav - Email Support Yes Yes
Onine Live Chat Religare Broking vs Mangal Keshav - Onine Live Chat No No
Phone Support Religare Broking vs Mangal Keshav - Phone Support Yes Yes
Toll Free Number Religare Broking vs Mangal Keshav - Toll Free Number No Yes
Through Branches Religare Broking vs Mangal Keshav - Through Branches Yes Yes
Customer Care Number Religare Broking vs Mangal Keshav - Customer Care Number 1860-25-88888 +91 22 6190 8000
Account Opening Process Religare Broking vs Mangal Keshav - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Religare Broking vs Mangal Keshav - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Religare Broking vs Mangal Keshav - Knowledge Center/Education Not available https://www.mangalkeshav.com/knowledge-panel
Head Office Address Religare Broking vs Mangal Keshav - Head Office Address/Corporate Address Religare Broking Limited,
2nd Floor,
Rajlok Building,
24, Nehru Place,
New Delhi-110019
Info Not Available
Website Religare Broking vs Mangal Keshav - Company Website http://www.religareonline.com https://www.mangalkeshav.com/
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Tips/Research/Reports Published

Compare Religare Broking vs Mangal Keshav on Research Reports, Tips

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

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

Compare Religare Broking vs Mangal Keshav on Demat Account

Compare Religare Broking with Mangal Keshav 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 Mangal Keshav is ₹1000 Refundable deposit 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 Mangal Keshav is 0.05% of transaction value (Min ₹100).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 Mangal Keshav
  Religare Broking Mangal Keshav
DP Source CDSL CDSL
DP ID Religare Broking vs Mangal Keshav - DP ID 30200 No
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹1000 Refundable deposit
Advance Deposit Rs. 500/- Deposit Scheme ? Rs.1000/-, where AMC will not be charged and amount will be refundable at Time of Closure of demat account. If the account is closed prior to one year deposit amount will not be refunded.
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12 0.05% of transaction value (Min ₹100)
Demat ₹5 per certificate + ₹30 courier charges ₹100 per certificate + ₹150 courier charges
Remat ₹20 per certificate + ₹30 courier charges + CDSL Charges ₹100 per certificate + ₹150 courier charges + CDSL charges
Pledge Creation 0.02% of transaction value or ₹50 whichever is higher 0.02% of transaction value + CDSL charges
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 0.02% of transaction value + CDSL charges
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 0.02% of transaction value + CDSL charges
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Religare Broking vs Mangal Keshav on Special Offers and Promotion

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

Compare Religare Broking vs Mangal Keshav on Special Offers and Promotion
  Religare Broking Mangal Keshav
Pay In and Pay Out Options Religare Broking vs Mangal Keshav - 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
Info Not Available
Payout Time Religare Broking vs Mangal Keshav - Payout Time Upto 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges Religare Broking vs Mangal Keshav - 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...

  • Zero Demat account opening charges.
  • One stop for all trading & investment products & services.
  • Trade on mobile app, web, and desktop applications.
  • Robust back-office system.
  • Easy deposit and withdrawal process.
  • Invest in IPO and mutual funds.
  • Get tailor-made portfolio suggestions with PMS services.
  • Market analysis, micro & macro research, equity research, mutual funds research, etc.
  • Dedicated relationship manager (RM).
  • Margin Trading Facility (MTF) is available.
  • Knowledge panel and blogs for beginners.

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...

  • Upfront Margin money is required in the trading account.
  • Does not offer a 3-in-1 account.
  • No direct mutual fund offerings.
  • Non-negotiable and non-transparent brokerage fee structure.
  • The brokerage fee is significantly higher than flat discount brokerage houses.
  • No Good till triggered (GTT) order feature.

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