Comparison –  Religare Securities Vs Reliance Securities

Religare Securities Reliance Securities
Year of Incorporation 1994 2006
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, & MCX-SX
Demat (NSDL/CDSL) NSDL/CDSL NSDL, CDSL
Brokerages
Equity 0.05% of Turnover – Negotiable
Equity: Upfront Brokerage: 0.04%/0.4% to 0.01%/0.1% for Intraday/Delivery
Equity Futures 0.05% of Turnover – Negotiable Upfront Brokerage: 0.04% to 0.01% of Turnover
Equity Options Rs 70/lot – Negotiable Upfront Brokerage: Rs 70/lot to Rs 10/lot
Currency Futures 0.05% of Turnover – Negotiable Upfront Brokerage: 0.04% to 0.01% of Turnover
Currency Options Rs 30/lot – Negotiable Upfront Brokerage: Rs 70/lot to Rs 10/lot
Commodity 0.05% of Turnover – Negotiable NA
Account opening charges
Trading and Demat Rs 500 Rs 950
Only Trading NA NA
Commodity Rs 300 NA
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 10 Days 22 Days on NEST
Margins & Leverage Provided
Equity Upto 10 times Intraday, Upto 4 times delivery @interest
Upto 10 Times Intraday, Upto 3 times Delivery @ interest
Equity Futures Upto 3 times for Intraday Upto 3 times Intraday
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 NO
Instant Fund withdrawal NO NO
Instant Fund Transfer YES YES
Relationship Managers YES NO