Compare 3 Brokers

Upstox Vs Religare Broking: Which one is better?

The brokerage of Upstox Max Rs 20 per trade while the brokerage of Religare Broking ranges between .05 to .5%. Upstox is a Discount Broker where Religare Broking is a Full Service Broker. Upstox is having overall higher rating compare to Religare Broking. Upstox is rated 4.5 out of 5 where Religare Broking is rated only 3.5 out of 5.

Here we present side-by-side comparison of Upstox 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 Upstox 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.

Compare Upstox vs Religare Broking on Service

  Upstox Compare
Upstox
Religare Broking Compare
Religare Broking
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX BSE, NSE, MCX
Broker Overview From innovative tools to free trade opportunity to education and prioritizing customer service, Upstox, the cheapest stock broker provides clients everything they need and more to succeed in Indian share market. 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 ...Know more about Religare Broking
Broker Enquiry Open an Online Trading Account with Upstox. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Religare Broking. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

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

In this section we have compared Upstox with Religare Broking on trading & demat account opening charges and AMC. Trading account opening charges - Upstox charges Rs 150 Equity/ Rs 150 Commodity for account opening where Religare Broking charges Rs 500 for account opeing. Demat AMC charges - Upstox charges Rs 150 PA (Waived for 1st year) AMC for Demat account where Religare Broking charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Upstox with Religare Broking
Charges Upstox Religare Broking
Trading Account Opening Fees Rs 150 Equity/ Rs 150 Commodity Rs 500
Trading AMC Free Free
Demat Account Opening Fees Rs 150 Free
Demat AMC Rs 150 PA (Waived for 1st year) Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Upstox vs Religare Broking on Plan Options

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

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

Account Opening

  Upstox Religare Broking
Account Opening Request
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Brokerage Charges

Compare Upstox vs Religare Broking on Brokerage Charges

Upstox Brokerage Plan detail - Equity Delivery Free and Rs 20 Per executable order for others

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 Upstox with Religare Broking
Brokerage Charges Compare Upstox Religare Broking
Plan Name Max Rs 20 Per Order Trading Plan Standard Trading Plan (Percentage Based)
Equity Delivery Free 0.5% or 50 paisa
Equity Intraday 0.01% or Rs 20 whichever is lower 0.05% or 5 paisa
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 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 Rs 20 Per Executable Order Rs 10 per order, Max rs 50 per segment per day
Brokerage Calculator Brokerage Calculator for Upstox Brokerage Calculator for Religare Broking
SPAN Margin Calculator SPAN Margin Calculator for Upstox SPAN Margin Calculator for Religare Broking
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Share Broker's Transaction Charges

Compare Upstox vs Religare Broking on Transaction Charges

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

Transaction Charges - Compare Upstox with Religare Broking
Transaction Charges Compare Upstox 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 210 Per Cr Rs 190 Per Cr
Equity Options Rs 5500 Per Cr Rs 5000 Per Cr
Currency Futures Rs 150 Per Cr Rs 110 Per Cr
Currency Options Rs 6000 Per Cr Rs 4000 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for upstox Complete Brokerage Plans for religare-broking
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Account Features

Compare Upstox vs Religare Broking on Account Features

Compare Upstox 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 - Upstox offers Algo Trading where Religare Broking doesn't offers Algo Trading. Margin Funding - both brokers dont have margin funing facility. NRI Trading - both brokers provides NRI Trading facility.

Account Features - Upstox with Religare Broking
Account Features Compare Upstox Religare Broking
3 in 1 Account No Upstox have 2-in-1 account. Only Demate and Trading account. No Upstox 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 No No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Upstox vs Religare Broking on Trading Platform

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

Trading Platform - Compare Upstox with Religare Broking
Trading Platform Compare Upstox Religare Broking
Desktop Trading Platform DartStock/Nest Trader/Fox Trader 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://pro.upstox.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 Upstox Religare Dynami
Mobile Trading App Demo Upstox Demo Religare Dynami Demo
Android Mobile App Yes Yes
Android App Download Andriod Upstox Download Andriod Religare Dynami Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Upstox 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 Upstox Equity Intraday and Delivery Brokerage Calculator for Religare Broking
Futures Brokerage Calculator Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for Religare Broking
Options Brokerage Calculator Options Brokerage Calculator for Upstox Options Brokerage Calculator for Religare Broking
Detail Detail on Trading Platforms for upstox Detail on Trading Platforms for religare-broking

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Broker Ratings by Users

Compare Upstox vs Religare Broking on User Rating

  Upstox Religare Broking
  8 Customer Reviews    Rate Upstox 55 Customer Reviews    Rate Religare Broking
Fees Ratings 3.3 3.2
Trading Brokerage Rating 3.8 3.2
Trading Platform Usability 3.3 3.1
Customer Service Ratings 3.1 2.9
Overall Ratings Rated 3.3 stars Rated 3.0 stars
Broker Rating Upstox is Rated 3.3 / 5 based on 8 customer reviews Religare Broking is Rated 3.0 / 5 based on 55 customer reviews
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Investment Offerings

Compare Upstox vs Religare Broking on Investment Offerings

Compare Upstox 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 brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - both brokers offers trading options in Commodity (MCX). Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Upstox with Religare Broking
Investment Offerings Compare Upstox 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 No Yes
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment No Yes
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Upstox vs Religare Broking on Order Types

Order Type - Compare Upstox with Religare Broking on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle 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) 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) - Upstox 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 facility. The orders are send to exchange on the next trading day. GTC Orders- Religare Broking offers Good Till Cancelled (GTC) orders where Upstox doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Upstox with Religare Broking
Order Type Compare Upstox Religare Broking
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No Yes
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Margin/Leverage

Compare Upstox vs Religare Broking on Margin/Leverage

Comapre Upstox with Religare Broking on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare Upstox with Religare Broking
Margin Product Compare Upstox Religare Broking
Equity Delivery Margin Upstox vs Religare Broking - Equity Delivery Margin No Margin/Leverage for Equity Delivery. Upto 4x with Margin Funding
Equity Intraday Margin Upstox vs Religare Broking - Equity Intraday Margin Up to 15x for Equity Intraday in Base Plan, Up to 20x on Priority Plan. Upto 10x leverage for equity
Futures Margin Upstox vs Religare Broking - Futures Margin Up to 4x for Index/Stock future (of NRML Margin), Priority Plan - up to 5x for Index and 4x for Stocks. Upto 3x leverage for equity futures
Options Margin Upstox vs Religare Broking - Options Margin Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan - up to 5x for Index and 4x for Stock Options.No leverage on Options Buying. Upto 3x for Opions Selling and no leverage on Options Buying
Equity CO Margin Upstox vs Religare Broking - Equity CO Margin Up to 20x for NSE/BSE Cash in Base Plan, Up to 25x on Priority Plan. Info Not Available
Futures CO Margin Upstox vs Religare Broking - Futures CO Margin Up to 4x for Index/Stock (of NRML Margin) future, Priority Plan - up to 7x for Index and 6x for Stocks. Info Not Available
Options CO Margin Upstox vs Religare Broking - Options CO Margin Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan(PP) - up to 5x for Index and 4x for Stock Options, No leverage on Options Buying. Info Not Available
Commodity Margin Upstox vs Religare Broking - Commodity Margin Up to 2.5x MIS Margin of SPAN, 3x for Priority Pack, Complete SPAN is required for carry forward positions. Upto 3x on Intraday
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Customer Service Offered

Compare Upstox vs Religare Broking on Customer Service

Compare Upstox with Religare Broking on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Upstox with Religare Broking
Customer Service Compare Upstox Religare Broking
24/7 Customer Service Upstox vs Religare Broking - 24x7 customer support No No
Email Support Upstox vs Religare Broking - Email Support Yes Yes
Onine Live Chat Upstox vs Religare Broking - Onine Live Chat Yes No
Phone Support Upstox vs Religare Broking - Phone Support Yes Yes
Toll Free Number Upstox vs Religare Broking - Toll Free Number No No
Through Branches Upstox vs Religare Broking - Through Branches Yes Yes
Customer Care Number Upstox vs Religare Broking - Customer Care Number +91 22 6130 9999 18602588888
Account Opening Process Upstox vs Religare Broking - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Upstox vs Religare Broking - Customer Support Email [email protected]  [email protected]
Knowledge Center/Education Upstox vs Religare Broking - Knowledge Center/Education https://upstox.com/help-center/ http://www.religareonline.com/faq/passwords
Head Office Address Upstox vs Religare Broking - Head Office Address/Corporate Address Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Religare Broking Limited,
2nd Floor,
Rajlok Building,
24, Nehru Place,
New Delhi-110019
Website Upstox vs Religare Broking - Company Website https://upstox.com/ http://www.religareonline.com
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Tips/Research/Reports Published

Compare Upstox vs Religare Broking on Research Reports, Tips

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

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

Compare Upstox vs Religare Broking on Demat Account

Compare Upstox with Religare Broking on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Upstox with Religare Broking
  Upstox Religare Broking
DP Source CDSL CDSL
DP ID Upstox vs Religare Broking - DP ID 81800 30200
Demat Account Annual Maintenance Charges(AMC) Rs. 300/- per annum. Rs.300/- per annum payable upfront for clients opting for digital statement OR Rs.400/- per annum payable upfront for client opting for physical statement. For Corporate Accounts CDSL charges will be additionally charged.
Advance Deposit NIL Rs. 500/-
Statutory charges NIL NIL
Transaction Charges on Debit (Per ISIN) Rs.8/- plus Rs.5.50/- (CDSL charges) per scrip. (1) Delivery given to Religare Pool A/C Rs. 15/-(Client with POA Religare), Rs.25/- (Client without POA Religare) (2) Any other Account- Rs. 30/- Per debit or 0.02% of the value of transaction whichever is higher
Demat Rs 2.00 per certificate plus courier charges of Rs. 35/- per demat request for every 500 gms. Rs. 2/- per certificate + Rs.30/- Courier Charges
Remat Rs. 25/- per certificate or 0.05% of the value whichever is higher. Rs. 20/- per certificate + CDSL Charges+ Rs.30/- Courier Charges
Pledge Creation 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual. Rs. 50/- per request or 0.02% of the value of securities whichever is higher
Pledge Creation Confirmation 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual. Rs. 50/- per request or 0.02% of the value of securities whichever is higher
Pledge Closure 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual. Rs. 50/- per request or 0.02% of the value of securities whichever is higher
Pledge Closure Confirmation 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual. Rs. 50/- per request or 0.02% of the value of securities whichever is higher
Pledge Invocation 0.05% of the transaction charges subject to a minimum of Rs. 50/- Rs. 50/- per request or 0.02% of the value of securities whichever is higher
Failed Instruction Charges Rs. 50/- per transaction. Nil
Other Charges Demat Rejection Charges: Rs. 35/- per rejection for every 500 gms. Adhoc / Non periodic statement requests: Adhoc statement requests: - Rs. 25/- (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs. 10/- plus courier / postage charges. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers. 1.Demat Rejection Charges Rs.30/- per rejection. 2. Delivery Instruction Booklet Rs.1/- per leaflet.

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Special Offers,Advantages,Disadvantages

Compare Upstox vs Religare Broking on Special Offers and Promotion

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

Compare Upstox vs Religare Broking on Special Offers and Promotion
  Upstox Religare Broking
Pay In and Pay Out Options Upstox vs Religare Broking - Pay In and Pay Out Options pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-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 Upstox vs Religare Broking - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Upstox vs Religare Broking - Bank Supported and Charges Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service. 21+ bank connected via payment gatway, Rs 10 fee for per transaction.
Bank Detail HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
RELIGARE BROKING LIMITED,
Account Number:30078551502
Bank and Branch: SBI,Capital Market Branch,Mumbai
Account Type: Current Account
IFSC Code:SBIN0011777
Likes
  • Low cost brokerage structure.
  • Upstox branches available in Delhi, Mumbai, Pune and Ahmedabad.
  • After Market Order (AMO), Cover Order and BO are available on both web and mobile.

Detail Review...

  • Easy to understand Financial Reports.
  • Research tips through SMS, mails, website.

Detail Review...

Dislikes
  • Upstox doesn't provide tips and recommendations.
  • Algo-trading facility is not available.
  • Margin funding and margin against shares is not available.
  • Doesn't provide facility to online invest in IPO via Upstox Trading website/app.

Detail Review...

  • Call and trade is not free.
  • Minimum brokerage charged.
  • Not transparent in terms of other charges.

Detail Review...

Special Offers/Promo 100% refundable account opening fee as brokerage cashback, Zero charges for equity delivery trades, Flat Rs 20 for equity intraday, F&O, currency and commodities trades. - Account opening fees Rs 500 waived off if you open an account with Rs 25000 margin.
Enquiry Enquire about Upstox Enquire about Religare Broking

Last Updated on 2019-06-27T00:43:21+00:00







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