The brokerage of Marwadi Group ranges between 0.06% to 0.3% while the brokerage of Religare Broking ranges between .05 to .5%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 3.5 out of 5.
Here we present side-by-side comparison of Marwadi Group 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 Marwadi Group 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 Marwadi Group 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 Marwadi Group vs Religare Broking's on
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.
|Broker Type||Full Service Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX,MCX-SX||BSE, NSE, MCX|
|Broker Overview||Marwadi group empowers you with world-renowned research reports, finest trading platform, IPO investment, portfolio management services and so on for successful investment and trading comforts.||Religare offers online investors the wide variety of tools and services they need to succeed, and for investors seeking guidance, Religare's massive branch office network, which offers reliable and personable relationships, help the broker to easily ...|
Comparison of Marwadi Group with Religare Broking on trading & demat account opening charges and AMC. Trading account opening charges - Marwadi Group offer Free account opening where Religare Broking charges Rs 500 for account opening. Demat AMC charges - Both broker charge Rs 300 PA AMC for Demat Account.
|Charges||Marwadi Group||Religare Broking|
|Trading Account Opening Fees||Free||Rs 500|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 300 PA||Rs 300 PA|
|Provide DP Service|
Plans are the most important feature you look when compare Marwadi Group 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.
|Plan Types||Marwadi Group||Religare Broking|
|Marwadi Group||Religare Broking|
|Account Opening Request|
Marwadi Group Brokerage Plan detail - This is a standard plan by Marwadi Group.This is % based brokerage plan.Brokerage is between .06% to .3%, which is 6 paisa to 30 paisa per 100 rs.
Religare Broking Brokerage Plan detail - Basic Plan with Religare is % base and Advanced brokerage schemes with lower brokerage denomination is also available.
|Brokerage Charges Compare||Marwadi Group||Religare Broking|
|Plan Name||Basic Trading Plan (Percentage Based)||Standard Trading Plan (Percentage Based)|
|Equity Delivery||0.3% or 30 paisa||0.5% or 50 paisa|
|Equity Intraday||0.03% or 3 paisa||0.05% or 5 paisa|
|Equity Futures||0.03% or 3 paisa||0.05% or 5 paisa|
|Equity Options||Rs 50 Per Lot||Rs 70 Per Lot|
|Currency Futures||0.03% or 3 paisa||0.05% or 5 paisa|
|Currency Options||Rs 30 Per Lot||Rs 30 Per Lot|
|Commodity Trading||0.03% or 3 paisa||0.05% or 5 paisa|
|Minimum Brokerage||NIL||1p per share|
|Hidden Charges||Info Not Available||Yes - Minimum Charges|
|Funding||Info Not Available||Yes - 21% interest PA|
|Call & Trade Charges||Info Not Available||Rs 10 per order, Max rs 50 per segment per day|
|Brokerage Calculator||Brokerage Calculator for Marwadi Group||Brokerage Calculator for Religare Broking|
|SPAN Margin Calculator||SPAN Margin Calculator for Marwadi Group||SPAN Margin Calculator for Religare Broking|
Compare Marwadi Group with Religare Broking on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Marwadi Group||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||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for marwadi-group||Complete Brokerage Plans for religare-broking|
Compare Marwadi Group 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 - Marwadi Group offers Algo Trading where Religare Broking doesn't offers Algo Trading. Margin Funding - Marwadi Group offers a margin funding where Religare Broking doesn't offers margin funding. NRI Trading - Religare Broking offers NRI where Marwadi Group doesn't offers NRI Trading.
|Account Features Compare||Marwadi Group||Religare Broking|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
With our expert research team, we have compared all the major features of Trading platform b/w Marwadi Group 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||Marwadi Group||Religare Broking|
|Desktop Trading Platform||Marwadi ODIN Diet||OdinDiet and Power FnO|
|Desktop Demo||Info Not Available||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://mtrade.marwadionline.com/html5/||https://secure.religareonline.com/Login.aspx|
|Web Trading Demo||Info Not Available||Web Trading Demo|
|Mobile Trading App||MSFL Connect||Religare Dynami|
|Mobile Trading App Demo||Info Not Available||Religare Dynami Demo|
|Android Mobile App|
|Android App Download||Andriod MSFL Connect Download||Andriod Religare Dynami Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS MSFL Connect Download||iOS Religare Dynami Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Info Not Available||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Marwadi Group||Equity Intraday and Delivery Brokerage Calculator for Religare Broking|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Marwadi Group||Futures Brokerage Calculator for Religare Broking|
|Options Brokerage Calculator||Options Brokerage Calculator for Marwadi Group||Options Brokerage Calculator for Religare Broking|
|Detail||Detail on Trading Platforms for marwadi-group||Detail on Trading Platforms for religare-broking|
|Marwadi Group||Religare Broking|
|2 Customer Reviews||56 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Marwadi Group is Rated 2.5 / 5 based on 2 customer reviews||Religare Broking is Rated 2.9 / 5 based on 56 customer reviews|
Compare Marwadi Group 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||Marwadi Group||Religare Broking|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||Life & General Insurance||NIL|
Order Type - Compare Marwadi Group 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) - Religare Broking provides Cover Orders (CO) where Marwadi Group doesn't offer,Cover Orders (CO) is placed an compulsory stop loss and this is a 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)- 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 Marwadi Group doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Marwadi Group||Religare Broking|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Marwadi Group with Religare Broking on Exposure/Margin offered by the broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.
|Margin Product Compare||Marwadi Group||Religare Broking|
|Equity Delivery Margin||Info Not Available||Upto 4x with Margin Funding|
|Equity Intraday Margin||Up to 10x or 10% subject to Var and ELM.||Up to 10x or 10% subject to Var and ELM.|
|Futures Margin||1x means actual SPAN + Exposure.||1x means actual SPAN + Exposure.|
|Options Margin||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
|Equity CO Margin||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.|
|Futures CO Margin||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.|
|Options CO Margin||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.|
|Commodity Margin||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
Compare Marwadi Group 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 Service Compare||Marwadi Group||Religare Broking|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||Info Not Available||18602588888|
|Account Opening Process||Info Not Available||Online/Paperless|
|Customer Support Email||Info Not Available||[email protected]|
|Knowledge Center/Education||Info Not Available||http://www.religareonline.com/faq/passwords|
|Head Office Address||Info Not Available||Religare Broking Limited,
24, Nehru Place,
|Website||Info Not Available||http://www.religareonline.com|
Compare Marwadi Group with Religare Broking on research reports and tips provided by the broker.
|Marwadi Group||Religare Broking|
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Marwadi Group with Religare Broking on Demat Service and Charges. This section covers about demat charges, demat service and other details
|Marwadi Group||Religare Broking|
|Demat Account Annual Maintenance Charges(AMC)||₹250 pa||₹300 pa (₹500 Security Deposit)|
|Advance Deposit||NA-NA-NA-NA-NA-NA-NA-2250#-3600#-NA-NA-NA-2250#-2250#-NA-NA||Rs. 500/-|
|Transaction Charges on Debit (Per ISIN)||₹25||₹15 + CDSL charges|
|Demat||₹3 per certificate||₹2 per certificate + ₹30 courier charges|
|Remat||₹25 per certificate||₹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||₹20||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||₹25||0.02% of transaction value or ₹50 whichever is higher|
|Failed Instruction Charges||₹15||Nil|
Compare Marwadi Group with Religare Broking on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Marwadi Group||Religare Broking|
|Pay In and Pay Out Options||Info Not Available||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||Info Not Available||Upto 24 Hrs except Bank Holidays.|
|Bank Supported and Charges||Info Not Available||21+ bank connected via payment gatway, Rs 10 fee for per transaction.|
|Bank Detail||Info Not Available||RELIGARE BROKING LIMITED,
Bank and Branch: SBI,Capital Market Branch,Mumbai
Account Type: Current Account
Research reports, branch office.
No online support, Plans are not available on website, Major presence in Gujarat only.
|Special Offers/Promo||- Account opening fees Rs 500 waived off if you open an account with Rs 25000 margin.|
|Enquiry||Enquire about Marwadi Group||Enquire about Religare Broking|
Last Updated on 2019-07-08T23:09:32+00:00