Comparison –  Religare Securities Vs KARVY

Religare Securities KARVY
Year of Incorporation 1994 1985
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% of Turnover – Negotiable 0.03% Intraday, 0.3% Delivery
Equity Futures 0.05% of Turnover – Negotiable 0.03% of Turnover
Equity Options Rs 70/lot – Negotiable Rs 50/lot
Currency Futures 0.05% of Turnover – Negotiable 0.03% of Turnover
Currency Options Rs 30/lot – Negotiable Rs 50/lot
Commodity 0.05% of Turnover – Negotiable 0.03% of Turnover
Account opening charges
Trading and Demat Rs 500 Rs 420
Only Trading NA NA
Commodity Rs 300 Rs 200
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 10 Days 5 days Intraday on ODIN
Margins & Leverage Provided
Equity Upto 10 times Intraday, Upto 4 times delivery @interest Intraday upto 20 times, 0 for Delivery
Equity Futures Upto 3 times for Intraday Upto 4 times for Intraday
Equity Options Buying no Leverage, shorting upto 3 times for Intraday
No Leverage for buying, upto 4 times for Shorting Intraday
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 Upto 4 times for Intraday
Serviceable
3 in 1 Account NO NO
Instant Fund withdrawal NO NO
Instant Fund Transfer YES YES
Relationship Managers YES YES