Comparison –  Indianinfoline Vs Religare Securities

IIFL Religare Securities
Year of Incorporation 1996 1994
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL/CDSL NSDL/CDSL
Brokerages
Equity 0.05% Intraday & 0.5% Delivery – Negotiable 0.05% of Turnover – Negotiable
Equity Futures 0.05% of Turnover – Negotiable 0.05% of Turnover – Negotiable
Equity Options Rs 100/lot – Negotiable Rs 70/lot – Negotiable
Currency Futures Rs 25/lot – Negotiable 0.05% of Turnover – Negotiable
Currency Options Rs 10/lot – Negotiable Rs 30/lot – Negotiable
Commodity 0.03% – Negotiable 0.05% of Turnover – Negotiable
Account opening charges
Trading and Demat Rs 750 Rs 500
Only Trading NA NA
Commodity Nill Rs 300
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 20 Days 10 Days
Margins & Leverage Provided
Equity Upto 20 times Intraday, &3 times for Delivery@interest
Upto 10 times Intraday, Upto 4 times delivery @interest
Equity Futures Upto 3 times for Intraday Upto 3 times for Intraday
Equity Options Buying no leverage, Shorting upto 3 times
Buying no Leverage, shorting upto 3 times for Intraday
Currency Futures Upto 2 times for Intraday Upto 2 times for Intraday
Currency Options Buying no leverage, Shorting upto 2 times
Buying no Leverage, shorting upto 2 times for Intraday
Commodity Upto 3 times for Intraday Upto 3 times for Intraday
Serviceable
3 in 1 Account NO NO
Instant Fund withdrawal NO NO
Instant Fund Transfer YES YES
Relationship Managers YES YES