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Religare Broking Vs Dhan: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Religare Broking Max 0.05 to 0.50% per trade while the brokerage of Dhan ranges between Rs 20. Religare Broking is a Full Service Broker where Dhan is a Discount Broker. Religare Broking is having overall higher rating compare to Dhan. Religare Broking is rated 3.5 out of 5 where Dhan is rated only 3 out of 5. Number of active customer for Dhan is 4,69,961 where number of active customer for Religare Broking is 1,43,983. Dhan is serving more customer compare to Religare Broking.

Here we present side-by-side comparison of Religare Broking vs Dhan share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Religare Broking vs Dhan's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Religare Broking vs Dhan share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Religare Broking vs Dhan's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Religare Broking vs Dhan on Service

  Religare Broking Compare
Religare Broking
Dhan Compare
Dhan
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX BSE, NSE, MCX
Active Clients 1,43,983 4,69,961
Broker Overview Open free Religare Demat & Trading Account, and trade via user-friendly platforms; Dynami App and Religare Online website. Also invest in the SmartInvest portfolio management services, US stocks, and get experts trading tips, investment ideas, an... Know more about Religare Broking Open a free Dhan Demat and trading account and start trading at just Rs 20 brokerage on the lightning and superfast Dhan App, web, and Options Trader platform. It is the first broker to provide a dedicated options trading platform and allow Direct tr...Know more about Dhan
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Religare Broking vs Dhan on Trading & Demat Account Opening Charges

Comparison of Religare Broking with Dhan on trading & demat account opening charges and AMC. Trading account opening charges - Dhan offer Free account opening where Religare Broking charges Rs 500 for account opening. Demat AMC charges - Dhan offer Free AMC for Demat account where Religare Broking charges Rs 400 PA [Free for first year] AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Religare Broking with Dhan
Charges Religare Broking Dhan
Trading Account Opening Fees Rs 500 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA [Free for first year] Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Religare Broking vs Dhan on Plan Options

Plans are the most important feature you look when compare Religare Broking with Dhan. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Religare Broking with Dhan on Plan Options
Plan Types Religare Broking Dhan
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Religare Broking vs Dhan on Brokerage Charges

Religare Broking Brokerage Plan detail - Religare One is a standard brokerage plan that charges a fixed percentage of brokerage from clients. The plan also provides a 3-month free subscription to the fair deal plan that charges Rs. 0 brokerages on non-profitable trades and options trading at just Rs. 5 per lot.

Dhan Brokerage Plan detail - Dhan has a fixed Rs 20 brokerage plan that charges you a maximum of Rs 20 per order brokerage fee on trading in equity, derivatives, commodity, and currency. However, it provides free equity delivery at zero charges.

Brokerage Charges - Compare Religare Broking with Dhan
Brokerage Charges Compare Religare Broking Dhan
Plan Name Religare One Brokerage Plan (Percentage Based) Dhan Brokerage Plan
Equity Delivery 0.50% to 0.10% Free
Equity Intraday 0.05% to 0.01% 0.03% or Rs 20 whichever is lower
Equity Futures 0.05% or 5 paisa 0.03% or Rs 20 whichever is lower
Equity Options Rs 70 Per Lot Flat Fee Rs 20
Currency Futures 0.05% or 5 paisa 0.03% or Rs 20 whichever is lower
Currency Options Rs 30 Per Lot Flat Fee Rs 20
Commodity Trading Futures: 0.05%| Options: Rs 30 per lot Flat Fee Rs 20
Minimum Brokerage 1p per share No
Hidden Charges Yes No
Funding Yes - 21% interest PA Info Not Available
Call & Trade Charges Rs 10 per order, Max rs 50 per segment per day Rs 50 per order + GST
Auto Square off Charges Rs 10 per order, Max rs 50 per segment per day Rs 20 per order + GST
Brokerage Calculator Brokerage Calculator for Religare Broking Brokerage Calculator for Dhan
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Share Broker's Transaction Charges

Compare Religare Broking vs Dhan on Transaction Charges

Compare Religare Broking with Dhan on transaction charges and PCM fee by segment.

Transaction Charges - Compare Religare Broking with Dhan
Transaction Charges Compare Religare Broking Dhan
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for religare-broking Complete Brokerage Plans for dhan
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Account Features

Compare Religare Broking vs Dhan on Account Features

Compare Religare Broking with Dhan on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - Dhan offers Algo Trading where Religare Broking doesn't offers Algo Trading. Margin Funding - Dhan offers a margin funding where Religare Broking doesn't offers margin funding. NRI Trading - Religare Broking offers NRI where Dhan doesn't offers NRI Trading.

Account Features - Religare Broking with Dhan
Account Features Compare Religare Broking Dhan
3 in 1 Account No Religare Broking have 2-in-1 account. Only Demate and Trading account. No Religare Broking have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:20 PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Religare Broking vs Dhan on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Religare Broking and Dhan. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Religare Broking with Dhan
Trading Platform Compare Religare Broking Dhan
Desktop Trading Platform OdinDiet and Power FnO Dhan App, Web, Options Trader
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://secure.religareonline.com/Login.aspx https://web.dhan.co/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Religare Dynami Dhan App
Mobile Trading App Demo Religare Dynami Demo Dhan App Demo
Android Mobile App Yes Yes
Android App Download Andriod Religare Dynami Download Andriod Dhan App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Religare Dynami Download iOS Dhan App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Religare Broking Equity Intraday and Delivery Brokerage Calculator for Dhan
Futures Brokerage Calculator Futures Brokerage Calculator for Religare Broking Futures Brokerage Calculator for Dhan
Options Brokerage Calculator Options Brokerage Calculator for Religare Broking Options Brokerage Calculator for Dhan
Detail Detail on Trading Platforms for religare-broking Detail on Trading Platforms for dhan

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Broker Ratings by Users

Compare Religare Broking vs Dhan on User Rating

  Religare Broking Dhan
  56 Customer Reviews    Rate Religare Broking 12 Customer Reviews    Rate Dhan
Fees Ratings 3.2 2.8
Trading Brokerage Rating 3.2 3.6
Trading Platform Usability 3.0 3.2
Customer Service Ratings 2.9 2.8
Overall Ratings 2.9 3.3
Broker Rating Religare Broking is Rated 2.9 / 5 based on 56 customer reviews Dhan is Rated 3.3 / 5 based on 12 customer reviews
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Investment Offerings

Compare Religare Broking vs Dhan on Investment Offerings

Compare Religare Broking with Dhan on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Religare Broking offers online mutual fund investment option where Dhan doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Religare Broking with Dhan
Investment Offerings Compare Religare Broking Dhan
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No Yes
Mutual Funds Yes No
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No Yes
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Religare Broking vs Dhan on Order Types

Order Type - Compare Religare Broking with Dhan on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Dhan provides Bracket Orders (BO) where Religare Broking doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare Religare Broking with Dhan
Order Type Compare Religare Broking Dhan
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare Religare Broking vs Dhan on Customer Service

Compare Religare Broking with Dhan on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Religare Broking with Dhan
Customer Service Compare Religare Broking Dhan
24/7 Customer Service Religare Broking vs Dhan - 24x7 customer support No No
Email Support Religare Broking vs Dhan - Email Support Yes Yes
Onine Live Chat Religare Broking vs Dhan - Onine Live Chat No Yes
Phone Support Religare Broking vs Dhan - Phone Support Yes Yes
Toll Free Number Religare Broking vs Dhan - Toll Free Number No No
Through Branches Religare Broking vs Dhan - Through Branches Yes No
Customer Care Number Religare Broking vs Dhan - Customer Care Number 1860-25-88888 022-48906273
Account Opening Process Religare Broking vs Dhan - Account Opening Process Online/Paperless Zero
Customer Support Email Religare Broking vs Dhan - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Religare Broking vs Dhan - Knowledge Center/Education Not available https://knowledge.dhan.co/support/home
Head Office Address Religare Broking vs Dhan - Head Office Address/Corporate Address Religare Broking Limited,
2nd Floor,
Rajlok Building,
24, Nehru Place,
New Delhi-110019

302, Western Edge l,
Off Western Express Highway,
Borivali East, Mumbai - 400066,
Maharashtra, India.
Website Religare Broking vs Dhan - Company Website http://www.religareonline.com https://dhan.co/
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Tips/Research/Reports Published

Compare Religare Broking vs Dhan on Research Reports, Tips

Compare Religare Broking with Dhan on research reports and tips provided by the broker.

Research Reports - Compare Religare Broking with Dhan
  Religare Broking Dhan
Research Mutual Funds Religare Broking vs Dhan - Research Mutual Funds Yes No
Research Equity Reports Religare Broking vs Dhan - Research Equity Reports Yes No
Research ETF Religare Broking vs Dhan - Research ETF Yes No
Daily Market Report Religare Broking vs Dhan - Daily Market Report Yes No
Free Tips Religare Broking vs Dhan - Free Tips Yes No
Quarterly Result Analysis Religare Broking vs Dhan - Quarterly Results Yes No
News Alerts Religare Broking vs Dhan - Yes No
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Demat Account

Compare Religare Broking vs Dhan on Demat Account

Compare Religare Broking with Dhan on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Dhan is Zero where for Religare Broking is ₹400 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Religare Broking is ₹12 where for Dhan is ₹12.5 per transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Religare Broking with Dhan
  Religare Broking Dhan
DP Source CDSL CDSL
DP ID Religare Broking vs Dhan - DP ID 30200 289-2016
Demat Account Annual Maintenance Charges(AMC) ₹400 pa Zero
Advance Deposit Rs. 500/- Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12 ₹12.5 per transaction
Demat ₹5 per certificate + ₹30 courier charges ₹250 per certificate + courier charges
Remat ₹20 per certificate + ₹30 courier charges + CDSL Charges ₹250 per certificate + courier charges
Pledge Creation 0.02% of transaction value or ₹50 whichever is higher ₹12.5 per transaction
Pledge Creation Confirmation 0.02% of transaction value or ₹50 whichever is higher Nil
Pledge Closure 0.02% of transaction value or ₹50 whichever is higher ₹12.5 per transaction
Pledge Closure Confirmation 0.02% of transaction value or ₹50 whichever is higher Nil
Pledge Invocation 0.02% of transaction value or ₹50 whichever is higher ₹12.5 per transaction
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Religare Broking vs Dhan on Special Offers and Promotion

Compare Religare Broking with Dhan on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Religare Broking vs Dhan on Special Offers and Promotion
  Religare Broking Dhan
Pay In and Pay Out Options Religare Broking vs Dhan - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Religare Mobile, Rligare Desktop and Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
UPI, Net banking, and Smart Fund Transfer using NEFT, RTGS, and IMPS
Payout Time Religare Broking vs Dhan - Payout Time Upto 24 Hrs except Bank Holidays. Fast withdrawal with IMPS, NEFT Withdrawal
Bank Supported and Charges Religare Broking vs Dhan - Bank Supported and Charges 21+ bank connected via payment gatway, Rs 10 fee for per transaction.
Bank Detail RELIGARE BROKING LIMITED,
Account Number:30078551502
Bank and Branch: SBI,Capital Market Branch,Mumbai
Account Type: Current Account
IFSC Code:SBIN0011777
Likes
  • Invest in a bouquet of products.
  • Multiple brokerage plans.
  • Zero account opening charges.
  • Zero AMC for the first year.
  • State-of-the-art platforms with charting and other features.
  • Best-in-class research services from experts.
  • Dynami Wrap app, a free mutual fund investment
  • Fair Deal plan: Zero brokerage on loss-making trades for 3 months.
  • Dedicated relationship manager.
  • Margin trading.

Detail Review...

  • No account opening fees.
  • No brokerage fees for investing in stocks, IPO, and ETF.
  • Rs 20 competitive brokerage plan.
  • TradingView charting platform.
  • Lightning, fast, and user-friendly Dhan app and web platform.
  • Powerful options trader app and web platform for F&O traders.
  • Instant withdrawal of funds to your bank account in just a few minutes.
  • Margin trading facility.
  • Start daily, weekly and monthly SIP in stocks and ETFs.
  • After-market order (AMO), Basket order, Bracket order (BO), Cover order (CO) and Forever order.
  • 50% brokerage discount to women traders and investors.

Detail Review...

Dislikes
  • Minimum brokerage charges is levied.
  • Non-transparent brokerage structure.
  • Religare does not have a flat discount brokerage plan.
  • ODIN Diet is a paid platform.

Detail Review...

  • You cannot invest in mutual funds and sovereign gold bonds.
  • No installable trading terminal.
  • High fees for call & trade services.
  • Does not offer stock market trading tips, equity research & advisory.
  • You cannot open a 3-in-1 account in Dhan.
  • NRIs cannot open Dhan trading and demat accounts.

Detail Review...

Special Offers/Promo - Account opening fees Rs 500 waived off if you open an account with Rs 25000 margin.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-13T03:22:46+00:00