Comparison –  Axis Direct Vs Religare Securities

Axis Direct Religare Securities
Year of Incorporation 2006 1994
Exchanges enabled NSE & BSE NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL NSDL/CDSL
Brokerages
Equity 0.05% for Intraday, 0.5% of Delivery 0.05% of Turnover – Negotiable
Equity Futures 0.05% of Turnover 0.05% of Turnover – Negotiable
Equity Options Rs 100/lot Rs 70/lot – Negotiable
Currency Futures 0.05% of Turnover 0.05% of Turnover – Negotiable
Currency Options Rs 100/lot Rs 30/lot – Negotiable
Commodity NA 0.05% of Turnover – Negotiable
Account opening charges
Trading and Demat Rs 900 Rs 500
Only Trading NA
Commodity Rs 300
Trading Tools
Platforms Mobile/ web Mobile/ web/ desktop
Charting 5 days on Web based 10 Days
Margins & Leverage Provided
Equity Upto 10 times for Intraday, 0 for Delivery Upto 10 times Intraday, Upto 4 times delivery @interest
Equity Futures No Leverage Upto 3 times for Intraday
Equity Options No Leverage Buying no Leverage, shorting upto 3 times for Intraday
Currency Futures No Leverage Upto 2 times for Intraday
Currency Options No Leverage Buying no Leverage, shorting upto 2 times for Intraday
Commodity NA Upto 3 times for Intraday
Serviceable
3 in 1 Account YES NO
Instant Fund withdrawal YES NO
Instant Fund Transfer YES YES
Relationship Managers YES YES