Comparison –  Religare Securities Vs Axis Direct

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