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Religare Broking Vs Zerodha: 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 Max 0.05 to 0.50% per trade while the brokerage of Zerodha ranges between Rs 20. Religare Broking is a Full Service Broker where Zerodha is a Discount Broker. Religare Broking is having overall lower rating compare to Zerodha. Religare Broking is rated only 3.5 out of 5 where Zerodha is rated 4.5 out of 5. Number of active customer for Zerodha is 69,94,952 where number of active customer for Religare Broking is 1,40,818. Zerodha is serving more customer compare to Religare Broking.

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

  Religare Broking Compare
Religare Broking
Zerodha Compare
Zerodha
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX NSE, BSE, MCX
Active Clients 1,40,818 69,94,952
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 Zerodha is the game-changing discount broker with the concept of an Rs. 20/order flat brokerage model and commission-free direct mutual fund investment platform in India. Free delivery trading, the superfast Zerodha Kite app, and web trading platform...Know more about Zerodha
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 Zerodha on Trading & Demat Account Opening Charges

Comparison of Religare Broking with Zerodha on trading & demat account opening charges and AMC. Trading account opening charges - Religare Broking charges Rs 500 for account opening where Zerodha charges Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) for account opening. Demat AMC charges - Religare Broking charges Rs 400 PA [Free for first year] AMC for Demat account where Zerodha charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Religare Broking with Zerodha
Charges Religare Broking Zerodha
Trading Account Opening Fees Rs 500 Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com)
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA [Free for first year] Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Religare Broking vs Zerodha on Plan Options

Plans are the most important feature you look when compare Religare Broking with Zerodha. 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 Zerodha on Plan Options
Plan Types Religare Broking Zerodha
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 Zerodha 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.

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

Brokerage Charges - Compare Religare Broking with Zerodha
Brokerage Charges Compare Religare Broking Zerodha
Plan Name Religare One Brokerage Plan (Percentage Based) Max Rs 20 per order Trading Plan
Equity Delivery 0.50% to 0.10% Free
Equity Intraday 0.05% to 0.01% 0.03% or Rs 20 whichever is lower
Equity Futures 0.05% or 5 paisa 0.03% or Rs 20 whichever is lower
Equity Options Rs 70 Per Lot Flat Fee Rs 20
Currency Futures 0.05% or 5 paisa 0.03% or Rs 20 whichever is lower
Currency Options Rs 30 Per Lot Flat Fee Rs 20
Commodity Trading Futures: 0.05%| Options: Rs 30 per lot Flat Fee Rs 20
Minimum Brokerage 1p per share NIL
Hidden Charges Yes No
Funding Yes - 21% interest PA Info Not Available
Call & Trade Charges Rs 10 per order, Max rs 50 per segment per day Rs 50 Per Executable Order
Auto Square off Charges Rs 10 per order, Max rs 50 per segment per day Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for Religare Broking Brokerage Calculator for Zerodha
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Share Broker's Transaction Charges

Compare Religare Broking vs Zerodha on Transaction Charges

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

Transaction Charges - Compare Religare Broking with Zerodha
Transaction Charges Compare Religare Broking Zerodha
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 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for religare-broking Complete Brokerage Plans for zerodha
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Account Features

Compare Religare Broking vs Zerodha on Account Features

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

Account Features - Religare Broking with Zerodha
Account Features Compare Religare Broking Zerodha
3 in 1 Account No Religare Broking have 2-in-1 account. Only Demate and Trading account. Yes, Religare Broking have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:10 PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Religare Broking vs Zerodha on Trading Platform

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

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Broker Ratings by Users

Compare Religare Broking vs Zerodha on User Rating

  Religare Broking Zerodha
  56 Customer Reviews    Rate Religare Broking 160 Customer Reviews    Rate Zerodha
Fees Ratings 3.2 4.0
Trading Brokerage Rating 3.2 4.4
Trading Platform Usability 3.0 3.7
Customer Service Ratings 2.9 3.8
Overall Ratings 2.9 3.9
Broker Rating Religare Broking is Rated 2.9 / 5 based on 56 customer reviews Zerodha is Rated 3.9 / 5 based on 160 customer reviews
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Investment Offerings

Compare Religare Broking vs Zerodha on Investment Offerings

Compare Religare Broking with Zerodha 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 Zerodha
Investment Offerings Compare Religare Broking Zerodha
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 Yes
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Religare Broking vs Zerodha on Order Types

Order Type - Compare Religare Broking with Zerodha 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) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an 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 Zerodha
Order Type Compare Religare Broking Zerodha
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare Religare Broking vs Zerodha on Customer Service

Compare Religare Broking with Zerodha 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 Zerodha
Customer Service Compare Religare Broking Zerodha
24/7 Customer Service Religare Broking vs Zerodha - 24x7 customer support No No
Email Support Religare Broking vs Zerodha - Email Support Yes Yes
Onine Live Chat Religare Broking vs Zerodha - Onine Live Chat No No
Phone Support Religare Broking vs Zerodha - Phone Support Yes Yes
Toll Free Number Religare Broking vs Zerodha - Toll Free Number No No
Through Branches Religare Broking vs Zerodha - Through Branches Yes Yes
Customer Care Number Religare Broking vs Zerodha - Customer Care Number 1860-25-88888 "+ 91 80 4040 2020"
Account Opening Process Religare Broking vs Zerodha - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Religare Broking vs Zerodha - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Religare Broking vs Zerodha - Knowledge Center/Education Not available https://zerodha.com/varsity/
Head Office Address Religare Broking vs Zerodha - Head Office Address/Corporate Address Religare Broking Limited,
2nd Floor,
Rajlok Building,
24, Nehru Place,
New Delhi-110019
Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Website Religare Broking vs Zerodha - Company Website http://www.religareonline.com https://zerodha.com/
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Tips/Research/Reports Published

Compare Religare Broking vs Zerodha on Research Reports, Tips

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

Research Reports - Compare Religare Broking with Zerodha
  Religare Broking Zerodha
Research Mutual Funds Religare Broking vs Zerodha - Research Mutual Funds Yes No
Research Equity Reports Religare Broking vs Zerodha - Research Equity Reports Yes No
Research ETF Religare Broking vs Zerodha - Research ETF Yes No
Daily Market Report Religare Broking vs Zerodha - Daily Market Report Yes No
Free Tips Religare Broking vs Zerodha - Free Tips Yes No
Quarterly Result Analysis Religare Broking vs Zerodha - Quarterly Results Yes No
News Alerts Religare Broking vs Zerodha - Yes No
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Demat Account

Compare Religare Broking vs Zerodha on Demat Account

Compare Religare Broking with Zerodha 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 Zerodha is ₹300 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 Zerodha is ₹8 + ₹5.50 (CDSL Charges) per transaction.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 Zerodha
  Religare Broking Zerodha
DP Source CDSL CDSL
DP ID Religare Broking vs Zerodha - DP ID 30200 81600
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹300 pa
Advance Deposit Rs. 500/- Nil
Statutory charges Nil ₹50
Transaction Charges on Debit (Per ISIN) ₹12 ₹8 + ₹5.50 (CDSL Charges) per transaction
Demat ₹5 per certificate + ₹30 courier charges ₹150 per certificate + ₹100 courier charges
Remat ₹20 per certificate + ₹30 courier charges + CDSL Charges ₹150 per certificate + ₹100 courier charges + CDSL Charges
Pledge Creation 0.02% of transaction value or ₹50 whichever is higher ₹20 + ₹12 CSDL 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 ₹20 + ₹12 CSDL 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 ₹20
Failed Instruction Charges Nil ₹50 per instraction
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Religare Broking vs Zerodha on Special Offers and Promotion

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

Compare Religare Broking vs Zerodha on Special Offers and Promotion
  Religare Broking Zerodha
Pay In and Pay Out Options Religare Broking vs Zerodha - 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, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Religare Broking vs Zerodha - Payout Time Upto 24 Hrs except Bank Holidays. Max 24 hrs except for bank holidays
Bank Supported and Charges Religare Broking vs Zerodha - Bank Supported and Charges 21+ bank connected via payment gatway, Rs 10 fee for per transaction. Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI).
Bank Detail RELIGARE BROKING LIMITED,
Account Number:30078551502
Bank and Branch: SBI,Capital Market Branch,Mumbai
Account Type: Current Account
IFSC Code:SBIN0011777
HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
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...

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

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...

  • Does not offer Lifetime free AMC account
  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Bracket order is not available on Kite
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.
  • Software glitches in Kite happens at certain times.

Detail Review...

Special Offers/Promo - Account opening fees Rs 500 waived off if you open an account with Rs 25000 margin. Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

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