Comparison –  Religare Securities Vs SAMCO

Religare Securities SAMCO
Year of Incorporation 1994 2008
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE & MCX
Demat (NSDL/CDSL) NSDL/CDSL CDSL
Brokerages
Equity 0.05% of Turnover – Negotiable
Rs 20/executed order or 0.02%(intraday) or 0.2%(delivery) whichever is lower
Equity Futures 0.05% of Turnover – Negotiable Rs 20/executed order or 0.02% whichever is lower
Equity Options Rs 70/lot – Negotiable Rs 20/executed order or 0.02% whichever is lower
Currency Futures 0.05% of Turnover – Negotiable Rs 20/executed order or 0.02% whichever is lower
Currency Options Rs 30/lot – Negotiable Rs 20/executed order or 0.02% whichever is lower
Commodity 0.05% of Turnover – Negotiable Rs 20/executed order or 0.02% whichever is lower
Account opening charges
Trading and Demat Rs 500 Rs 600
Only Trading NA Rs 200
Commodity Rs 300 Rs 200
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 10 Days 5 days on NEST
Margins & Leverage Provided
Equity Upto 10 times Intraday, Upto 4 times delivery @interest Upto 15 times for Intraday, No leverage for delivery
Equity Futures Upto 3 times for Intraday Upto 2.5 times for intraday
Equity Options Buying no Leverage, shorting upto 3 times for Intraday Buying no leverage, Shorting upto 2.5 times for intraday
Currency Futures Upto 2 times for Intraday Upto 2.5 times for intraday
Currency Options Buying no Leverage, shorting upto 2 times for Intraday Buying no leverage, Shorting upto 2.5 times for intraday
Commodity Upto 3 times for Intraday Upto 2 times for intraday
Serviceable
3 in 1 Account NO NO
Instant Fund withdrawal NO NO
Instant Fund Transfer YES YES
Relationship Managers YES NO