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HDFC Securities Vs Religare Broking: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of HDFC Securities ranges between .05 to .5% while the brokerage of Religare Broking ranges between 0.05 to 0.50%. Both the brokers are Full Service brokers. HDFC Securities is having overall higher rating compare to Religare Broking. HDFC Securities is rated 4 out of 5 where Religare Broking is rated only 3.5 out of 5. Number of active customer for HDFC Securities is 11,63,260 where number of active customer for Religare Broking is 1,54,514. HDFC Securities is serving more customer compare to Religare Broking.

Here we present side-by-side comparison of HDFC Securities vs Religare Broking share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared HDFC Securities vs Religare Broking'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 HDFC Securities vs Religare Broking share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared HDFC Securities vs Religare Broking'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 HDFC Securities vs Religare Broking on Service

  HDFC Securities Compare
HDFC Securities
Religare Broking Compare
Religare Broking
Overall Rating Rated 4 stars Rated 3.5 stars
Brokerage Charges Rated 3 stars Rated 3 stars
Trading Platform Rated 4.5 stars Rated 4 stars
Investments Offering Rated 4.5 stars Rated 4 stars
Customer Service Rated 3.5 stars Rated 3.5 stars
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX NSE, BSE, MCX
Active Clients 11,63,260 1,54,514
Broker Overview With over 2 decades of experience, exceptionally great 24/7 customer services, and world-class research & advisory, HDFC Securities has topped the list of the best full-service brokers in India serving above 10 lakh customers. It is a one-stop sh... Know more about HDFC Securities 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
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare HDFC Securities vs Religare Broking on Trading & Demat Account Opening Charges

Comparison of HDFC Securities with Religare Broking on trading & demat account opening charges and AMC. Trading account opening charges - HDFC Securities charges Rs 999 for account opening where Religare Broking charges Rs 500 for account opening. Demat AMC charges - HDFC Securities charges Rs 750 PA (Waived for 1st year) 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 HDFC Securities with Religare Broking
Charges HDFC Securities Religare Broking
Trading Account Opening Fees Rs 999 Rs 500
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 750 PA (Waived for 1st year) Rs 400 PA [Free for first year]
Provide DP Service Yes Yes
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About Brokerage Plans

Compare HDFC Securities vs Religare Broking on Plan Options

Plans are the most important feature you look when compare HDFC Securities with Religare Broking. 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 HDFC Securities with Religare Broking on Plan Options
Plan Types HDFC Securities Religare Broking
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Brokerage Charges

Compare HDFC Securities vs Religare Broking on Brokerage Charges

HDFC Securities Brokerage Plan detail - HDFC Securities have a fixed percentage base brokerage plan, where Minimum brokerage is fixed at Rs 25 Per Order. They are second best in Currency derivatives plan. Equity Intraday & Option prices are on a higher range and Equity Delivery & Future trading is on average brokerage level compared to other full-service brokers.

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.

Brokerage Charges - Compare HDFC Securities with Religare Broking
Brokerage Charges Compare HDFC Securities Religare Broking
Plan Name Percentage based brokerage plan Religare One Brokerage Plan (Percentage Based)
Equity Delivery 0.50% 0.50% to 0.10%
Equity Intraday 0.05% 0.05% to 0.01%
Equity Futures 0.05% 0.05% or 5 paisa
Equity Options Higher of 0.1% of Premium or Rs 100 per lot Rs 70 Per Lot
Currency Futures Rs 23 per lot 0.05% or 5 paisa
Currency Options Rs 20 per lot Rs 30 Per Lot
Commodity Trading Rs. 20 per order, Options: Rs. 100 per lot Futures: 0.05%| Options: Rs 30 per lot
Minimum Brokerage Rs 25 1p per share
Hidden Charges Yes Yes
Funding Yes - 18% interest PA Yes - 21% interest PA
Call & Trade Charges Free Rs 10 per order, Max rs 50 per segment per day
Auto Square off Charges Free Rs 10 per order, Max rs 50 per segment per day
Brokerage Calculator Brokerage Calculator for HDFC Securities Brokerage Calculator for Religare Broking
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Share Broker's Transaction Charges

Compare HDFC Securities vs Religare Broking on Transaction Charges

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

Transaction Charges - Compare HDFC Securities with Religare Broking
Transaction Charges Compare HDFC Securities Religare Broking
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 190 Per Cr
Equity Options Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 110 Per Cr Rs 110 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for hdfc-securities Complete Brokerage Plans for religare-broking
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Account Features

Compare HDFC Securities vs Religare Broking on Account Features

Compare HDFC Securities with Religare Broking on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Securities offers 3-in-1 account where Religare Broking offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - Both broker provides NRI Trading facility.

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

Compare HDFC Securities vs Religare Broking on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w HDFC Securities and Religare Broking. 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 HDFC Securities with Religare Broking
Trading Platform Compare HDFC Securities Religare Broking
Desktop Trading Platform ProTerminal OdinDiet and Power FnO
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.hdfcsec.com/ https://secure.religareonline.com/Login.aspx
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App HDFC securities Mobile Religare Dynami
Mobile Trading App Demo HDFC securities Mobile Demo Religare Dynami Demo
Android Mobile App Yes Yes
Android App Download Andriod HDFC securities Mobile Download Andriod Religare Dynami Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS HDFC securities Mobile Download iOS Religare Dynami Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Proterminal - Rs. 2500 (Offer price: Rs. 1500) Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for HDFC Securities Equity Intraday and Delivery Brokerage Calculator for Religare Broking
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Securities Futures Brokerage Calculator for Religare Broking
Options Brokerage Calculator Options Brokerage Calculator for HDFC Securities Options Brokerage Calculator for Religare Broking
Detail Detail on Trading Platforms for hdfc-securities Detail on Trading Platforms for religare-broking

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Broker Ratings by Users

Compare HDFC Securities vs Religare Broking on User Rating

  HDFC Securities Religare Broking
  96 Customer Reviews    Rate HDFC Securities 56 Customer Reviews    Rate Religare Broking
Fees Ratings 2.4 3.2
Trading Brokerage Rating 2.1 3.2
Trading Platform Usability 3.0 3.0
Customer Service Ratings 2.8 2.9
Overall Ratings Rated 2.4 stars Rated 2.9 stars
Broker Rating HDFC Securities is Rated 2.4 / 5 based on 96 customer reviews Religare Broking is Rated 2.9 / 5 based on 56 customer reviews
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Investment Offerings

Compare HDFC Securities vs Religare Broking on Investment Offerings

Compare HDFC Securities with Religare Broking 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 - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare HDFC Securities vs Religare Broking on Order Types

Order Type - Compare HDFC Securities with Religare Broking 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) - Both broker don't have Bracket Orders (BO).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)- Religare Broking offers After market orders where HDFC Securities doesn't offers AMO. 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 HDFC Securities with Religare Broking
Order Type Compare HDFC Securities Religare Broking
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order No No
AMO-After Market Orders No Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare HDFC Securities vs Religare Broking on Customer Service

Compare HDFC Securities with Religare Broking 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 HDFC Securities with Religare Broking
Customer Service Compare HDFC Securities Religare Broking
24/7 Customer Service HDFC Securities vs Religare Broking - 24x7 customer support No No
Email Support HDFC Securities vs Religare Broking - Email Support Yes Yes
Onine Live Chat HDFC Securities vs Religare Broking - Onine Live Chat Yes No
Phone Support HDFC Securities vs Religare Broking - Phone Support Yes Yes
Toll Free Number HDFC Securities vs Religare Broking - Toll Free Number No No
Through Branches HDFC Securities vs Religare Broking - Through Branches Yes Yes
Customer Care Number HDFC Securities vs Religare Broking - Customer Care Number 022-39019400 1860-25-88888
Account Opening Process HDFC Securities vs Religare Broking - Account Opening Process Offline Online/Paperless
Customer Support Email HDFC Securities vs Religare Broking - Customer Support Email [email protected], customer [email protected]
Knowledge Center/Education HDFC Securities vs Religare Broking - Knowledge Center/Education https://www.hdfcsec.com/products/demolisting/ Not available
Head Office Address HDFC Securities vs Religare Broking - Head Office Address/Corporate Address LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Religare Broking Limited,
2nd Floor,
Rajlok Building,
24, Nehru Place,
New Delhi-110019
Website HDFC Securities vs Religare Broking - Company Website https://www.hdfcsec.com/ http://www.religareonline.com
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Tips/Research/Reports Published

Compare HDFC Securities vs Religare Broking on Research Reports, Tips

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

Research Reports - Compare HDFC Securities with Religare Broking
  HDFC Securities Religare Broking
Research Mutual Funds HDFC Securities vs Religare Broking - Research Mutual Funds Yes Yes
Research Equity Reports HDFC Securities vs Religare Broking - Research Equity Reports Yes Yes
Research ETF HDFC Securities vs Religare Broking - Research ETF Yes Yes
Daily Market Report HDFC Securities vs Religare Broking - Daily Market Report Yes Yes
Free Tips HDFC Securities vs Religare Broking - Free Tips Yes Yes
Quarterly Result Analysis HDFC Securities vs Religare Broking - Quarterly Results Yes Yes
News Alerts HDFC Securities vs Religare Broking - Yes Yes
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Demat Account

Compare HDFC Securities vs Religare Broking on Demat Account

Compare HDFC Securities with Religare Broking 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 Religare Broking is ₹400 pa where for HDFC Securities is ₹750 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 HDFC Securities is 0.04% (Min ₹20) + CDSL charges where for Religare Broking is ₹12.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 HDFC Securities with Religare Broking
  HDFC Securities Religare Broking
DP Source CDSL CDSL
DP ID HDFC Securities vs Religare Broking - DP ID 12400 30200
Demat Account Annual Maintenance Charges(AMC) ₹750 pa ₹400 pa
Advance Deposit Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- Rs. 500/-
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹20) + CDSL charges ₹12
Demat ₹5 per certificate + ₹35 request charges ₹5 per certificate + ₹30 courier charges
Remat ₹30 ₹20 per certificate + ₹30 courier charges + CDSL Charges
Pledge Creation Nil 0.02% of transaction value or ₹50 whichever is higher
Pledge Creation Confirmation 0.04% of transaction value (Min ₹40) 0.02% of transaction value or ₹50 whichever is higher
Pledge Closure Nil 0.02% of transaction value or ₹50 whichever is higher
Pledge Closure Confirmation 0.04% of transaction value (Min ₹40) 0.02% of transaction value or ₹50 whichever is higher
Pledge Invocation 0.04% of transaction value (Min ₹40) 0.02% of transaction value or ₹50 whichever is higher
Failed Instruction Charges Nil Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare HDFC Securities vs Religare Broking on Special Offers and Promotion

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

Compare HDFC Securities vs Religare Broking on Special Offers and Promotion
  HDFC Securities Religare Broking
Pay In and Pay Out Options HDFC Securities vs Religare Broking - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
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
Payout Time HDFC Securities vs Religare Broking - Payout Time Instant to HDFC Bank. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges HDFC Securities vs Religare Broking - Bank Supported and Charges Info Not Available 21+ bank connected via payment gatway, Rs 10 fee for per transaction.
Bank Detail Direct from your HDFC bank account. RELIGARE BROKING LIMITED,
Account Number:30078551502
Bank and Branch: SBI,Capital Market Branch,Mumbai
Account Type: Current Account
IFSC Code:SBIN0011777
Likes
  • Invest across all types of asset classes on BSE, NSE, and MCX.
  • Free web and mobile app-based trading platforms.
  • Ultra-speed and feature-rich ProTerminal platform.
  • Brokerage-free mutual fund investment.
  • Voice-enabled investing with Arya Intelligent Chatbot.
  • Advanced portfolio tracking.
  • Quick payout upto Rs. 5 Lac with Encash facility.
  • Free call & trade
  • Apply for IPOs online in just 3 clicks.
  • Start StockSIP.
  • Invest in shares of US-based companies.
  • Smallcase, a thematic investing platform.
  • Get access to HDFC research for
  • Place advance orders like bracket order, cover order, and Good Till Date (GTD) order.
  • Margin trading facility.

Detail Review...

  • 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...

Dislikes
  • Minimum brokerage fee of Rs. 25 per trade, subject to a maximum 2.5% ceiling on trade value.
  • High brokerage charges.
  • High Demat maintenance charges.
  • ProTerminal is a paid platform that charges a subscription fee every year.

Detail Review...

  • 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...

Special Offers/Promo Get HDFC Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. - 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 2022-08-08T02:41:25+00:00