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5paisa 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 5paisa Max Rs 20 per trade while the brokerage of Religare Broking ranges between 0.05 to 0.50%. 5paisa is a Discount Broker where Religare Broking is a Full Service Broker. 5paisa is having overall higher rating compare to Religare Broking. 5paisa is rated 4 out of 5 where Religare Broking is rated only 3.5 out of 5. Number of active customer for Religare Broking is 6,52,353 where number of active customer for 5paisa is 1,36,020. Religare Broking is serving more customer compare to 5paisa.

Here we present side-by-side comparison of 5paisa 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 5paisa 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 5paisa 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 5paisa 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 5paisa vs Religare Broking on Service

  5paisa Compare
5paisa
Religare Broking Compare
Religare Broking
Overall Rating Rated 4 stars Rated 3.5 stars
Brokerage Charges Rated 4 stars Rated 3 stars
Trading Platform Rated 4 stars Rated 4 stars
Investments Offering Rated 4 stars Rated 4 stars
Customer Service Rated 4 stars Rated 3.5 stars
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Active Clients 1,36,020 6,52,353
Broker Overview 5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m... Know more about 5paisa 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 5paisa
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Account Opening Charges and AMC

Compare 5paisa vs Religare Broking on Trading & Demat Account Opening Charges

Comparison of 5paisa with Religare Broking on trading & demat account opening charges and AMC. Trading account opening charges - 5paisa offer Free account opening where Religare Broking charges Rs 500 for account opening. Demat AMC charges - 5paisa charges Rs 300 PA 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 5paisa with Religare Broking
Charges 5paisa Religare Broking
Trading Account Opening Fees Free Rs 500
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Rs 400 PA [Free for first year]
Provide DP Service Yes Yes
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About Brokerage Plans

Compare 5paisa vs Religare Broking on Plan Options

Plans are the most important feature you look when compare 5paisa with Religare Broking. This section compare on high level about type of plans offered by brokers. Multiple Plans - 5paisa provide Multiple Plans where Religare Broking doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare 5paisa with Religare Broking on Plan Options
Plan Types 5paisa Religare Broking
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha 5paisa
Account Opening Request
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Brokerage Charges

Compare 5paisa vs Religare Broking on Brokerage Charges

5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.

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 5paisa with Religare Broking
Brokerage Charges Compare 5paisa Religare Broking
Plan Name Basic Plan Religare One Brokerage Plan (Percentage Based)
Equity Delivery Flat Fee Rs 20 0.50% to 0.10%
Equity Intraday Flat Fee Rs 20 0.05% to 0.01%
Equity Futures Flat Fee Rs 20 0.05% or 5 paisa
Equity Options Flat Fee Rs 20 Rs 70 Per Lot
Currency Futures Flat Fee Rs 20 0.05% or 5 paisa
Currency Options Flat Fee Rs 20 Rs 30 Per Lot
Commodity Trading Flat Fee Rs 20 Futures: 0.05%| Options: Rs 30 per lot
Minimum Brokerage NA 1p per share
Hidden Charges No Yes
Funding Yes - 18% interest PA Yes - 21% interest PA
Call & Trade Charges Rs 100 per call(No limit of orders) Rs 10 per order, Max rs 50 per segment per day
Auto Square off Charges Rs 100 per call(No limit of orders) Rs 10 per order, Max rs 50 per segment per day
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for Religare Broking
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Share Broker's Transaction Charges

Compare 5paisa vs Religare Broking on Transaction Charges

Compare 5paisa with Religare Broking on transaction charges and PCM fee by segment.

Transaction Charges - Compare 5paisa with Religare Broking
Transaction Charges Compare 5paisa Religare Broking
Equity Delivery Rs 335 Per Cr Rs 335 Per Cr
Equity Intraday Rs 335 Per Cr Rs 335 Per Cr
Equity Futures Rs 200 Per Cr Rs 200 Per Cr
Equity Options Rs 5050 Per Cr Rs 5050 Per Cr
Currency Futures Rs 90 Per Cr Rs 90 Per Cr
Currency Options Rs 3500 Per Cr Rs 3500 Per Cr
Commodity Rs 260 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for 5paisa Complete Brokerage Plans for religare-broking
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Account Features

Compare 5paisa vs Religare Broking on Account Features

Compare 5paisa with Religare Broking 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 - 5paisa offers Algo Trading where Religare Broking doesn't offers Algo Trading. Margin Funding - 5paisa offers a margin funding where Religare Broking doesn't offers margin funding. NRI Trading - Religare Broking offers NRI where 5paisa doesn't offers NRI Trading.

Account Features - 5paisa with Religare Broking
Account Features Compare 5paisa Religare Broking
3 in 1 Account No 5paisa have 2-in-1 account. Only Demate and Trading account. No 5paisa have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare 5paisa vs Religare Broking on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa 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 5paisa with Religare Broking
Trading Platform Compare 5paisa Religare Broking
Desktop Trading Platform 5paisaTradeStation 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://www.5paisa.com/online-trading 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 5paisa Mobile App Religare Dynami
Mobile Trading App Demo 5paisa Mobile App Demo Religare Dynami Demo
Android Mobile App Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod Religare Dynami Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS 5paisa Mobile App Download iOS Religare Dynami 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 5paisa Equity Intraday and Delivery Brokerage Calculator for Religare Broking
Futures Brokerage Calculator Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for Religare Broking
Options Brokerage Calculator Options Brokerage Calculator for 5paisa Options Brokerage Calculator for Religare Broking
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for religare-broking

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Broker Ratings by Users

Compare 5paisa vs Religare Broking on User Rating

  5paisa Religare Broking
  27 Customer Reviews    Rate 5paisa 56 Customer Reviews    Rate Religare Broking
Fees Ratings 3.1 3.2
Trading Brokerage Rating 3.9 3.2
Trading Platform Usability 3.3 3.0
Customer Service Ratings 2.7 2.9
Overall Ratings Rated 3.2 stars Rated 2.9 stars
Broker Rating 5paisa is Rated 3.2 / 5 based on 27 customer reviews Religare Broking is Rated 2.9 / 5 based on 56 customer reviews
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Investment Offerings

Compare 5paisa vs Religare Broking on Investment Offerings

Compare 5paisa 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 5paisa with Religare Broking
Investment Offerings Compare 5paisa Religare Broking
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare 5paisa vs Religare Broking on Order Types

Order Type - Compare 5paisa 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) - 5paisa provide 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- Religare Broking offers Good Till Cancelled (GTC) orders where 5paisa doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare 5paisa with Religare Broking
Order Type Compare 5paisa Religare Broking
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No Yes
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Customer Service Offered

Compare 5paisa vs Religare Broking on Customer Service

Compare 5paisa 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 5paisa with Religare Broking
Customer Service Compare 5paisa Religare Broking
24/7 Customer Service 5paisa vs Religare Broking - 24x7 customer support No No
Email Support 5paisa vs Religare Broking - Email Support Yes Yes
Onine Live Chat 5paisa vs Religare Broking - Onine Live Chat No No
Phone Support 5paisa vs Religare Broking - Phone Support Yes Yes
Toll Free Number 5paisa vs Religare Broking - Toll Free Number No No
Through Branches 5paisa vs Religare Broking - Through Branches No Yes
Customer Care Number 5paisa vs Religare Broking - Customer Care Number +91 89766 89766 1860-25-88888
Account Opening Process 5paisa vs Religare Broking - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email 5paisa vs Religare Broking - Customer Support Email [email protected] [email protected]
Knowledge Center/Education 5paisa vs Religare Broking - Knowledge Center/Education https://www.5paisa.com/knowledge-centre Not available
Head Office Address 5paisa vs Religare Broking - Head Office Address/Corporate Address 5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Religare Broking Limited,
2nd Floor,
Rajlok Building,
24, Nehru Place,
New Delhi-110019
Website 5paisa vs Religare Broking - Company Website https://www.5paisa.com/ http://www.religareonline.com
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Tips/Research/Reports Published

Compare 5paisa vs Religare Broking on Research Reports, Tips

Compare 5paisa with Religare Broking on research reports and tips provided by the broker.

Research Reports - Compare 5paisa with Religare Broking
  5paisa Religare Broking
Research Mutual Funds 5paisa vs Religare Broking - Research Mutual Funds Yes Yes
Research Equity Reports 5paisa vs Religare Broking - Research Equity Reports Yes Yes
Research ETF 5paisa vs Religare Broking - Research ETF No Yes
Daily Market Report 5paisa vs Religare Broking - Daily Market Report Yes Yes
Free Tips 5paisa vs Religare Broking - Free Tips Yes Yes
Quarterly Result Analysis 5paisa vs Religare Broking - Quarterly Results No Yes
News Alerts 5paisa vs Religare Broking - Yes Yes
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Demat Account

Compare 5paisa vs Religare Broking on Demat Account

Compare 5paisa 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 5paisa is ₹300 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 5paisa is ₹12.50 per ISIN 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 5paisa with Religare Broking
  5paisa Religare Broking
DP Source CDSL CDSL
DP ID 5paisa vs Religare Broking - DP ID 82500 30200
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹400 pa
Advance Deposit NIL Rs. 500/-
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12.50 per ISIN ₹12
Demat ₹15 per certificate ₹5 per certificate + ₹30 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹20 per certificate + ₹30 courier charges + CDSL Charges
Pledge Creation ₹50 0.02% of transaction value or ₹50 whichever is higher
Pledge Creation Confirmation NIL 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 NIL 0.02% of transaction value or ₹50 whichever is higher
Pledge Invocation NIL 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 5paisa vs Religare Broking on Special Offers and Promotion

Compare 5paisa with Religare Broking on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare 5paisa vs Religare Broking on Special Offers and Promotion
  5paisa Religare Broking
Pay In and Pay Out Options 5paisa vs Religare Broking - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
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 5paisa vs Religare Broking - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges 5paisa vs Religare Broking - Bank Supported and Charges Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms. 21+ bank connected via payment gatway, Rs 10 fee for per transaction.
Bank Detail 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
RELIGARE BROKING LIMITED,
Account Number:30078551502
Bank and Branch: SBI,Capital Market Branch,Mumbai
Account Type: Current Account
IFSC Code:SBIN0011777
Likes
  • Rs. 20/order brokerage regardless of trade value.
  • Rs. 0 brokerage on delivery trades in Ultra Trader Pack.
  • Trade at just Rs. 10/order with Power Investor and Ultra Trader Pack.
  • Zero balance 5paisa account.
  • Free or Rs. 0 commission investment in mutual funds.
  • Investment in US Stocks at zero commission.
  • Best free trading platforms across web, desktop, and mobile app versions.
  • 5paisa Invest App, a dedicated mutual fund investment platform.
  • Smart research tools and intelligent portfolio investing ideas by experts.
  • Get comprehensive research on 4,000+ stocks.
  • Advanced orders like bracket order and cover order.
  • 5paisa Valid Till Triggered (VTT) order facility.
  • Free of cost 5paisa API to build your trading terminal.
  • 5paisa Smallcase, thematic investing platform.
  • 5paisa Algo Trading platform with the state-of-the-art automated trading feature.
  • 5paisa School, stock market education & learning center for beginners.

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
  • High call & trade charges of Rs. 100/per call.
  • 5paisa does not offer NRI trading services.
  • A 3-in-1 account opening facility is unavailable.
  • Delivery trading with 5paisa is not free in the basic plan.

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 - Account opening fees Rs 500 waived off if you open an account with Rs 25000 margin.
Enquiry Open Zerodha Account Now>> Open 5paisa Account Now>>

Last Updated on 2023-04-27T01:42:04+00:00