Comparison –  KARVY Vs Religare Securities

KARVY Religare Securities
Year of Incorporation 1985 1994
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL, CDSL NSDL/CDSL
Brokerages
Equity 0.03% Intraday, 0.3% Delivery 0.05% of Turnover – Negotiable
Equity Futures 0.03% of Turnover 0.05% of Turnover – Negotiable
Equity Options Rs 50/lot Rs 70/lot – Negotiable
Currency Futures 0.03% of Turnover 0.05% of Turnover – Negotiable
Currency Options Rs 50/lot Rs 30/lot – Negotiable
Commodity 0.03% of Turnover 0.05% of Turnover – Negotiable
Account opening charges
Trading and Demat Rs 420 Rs 500
Only Trading NA NA
Commodity Rs 200 Rs 300
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 5 days Intraday on ODIN 10 Days
Margins & Leverage Provided
Equity Intraday upto 20 times, 0 for Delivery
Upto 10 times Intraday, Upto 4 times delivery @interest
Equity Futures Upto 4 times for Intraday Upto 3 times for Intraday
Equity Options No Leverage for buying, upto 4 times for Shorting Intraday
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 Upto 4 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