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Quick Comparision (Religare VS Elite Wealth)

 
 

Religare Vs Elite Wealth

Religare
Religare Review gives an overall view and updates about the Religare Review Brokerage Charges, Religare Margin, Religare Trading Software 2024, Religare Demat Account Charges and it also gives overview on Religare NRI Account, Religare Branches, Religare Customer Complaints, Religare Advantages and Disadvantages, Religare Mutual Fund, Religare IPO and offers a wide range of financial products through Religare Website and mobile application as Religare has a strong presence across India


Elite Wealth

Religare Vs Elite Wealth - Broker Details

Religare Elite Wealth
Single Margin Facility
Year of Incorporation 2016 1990
Exchanges NSE, BSE, MCX and NCDEX NSE, BSE, MCX and NCDEX
Branches 851+ N/A
Brokerage 0.01% 0.03%
Broker Type Discount Broker Full Service Broker

Religare Vs Elite Wealth - Account Opening & AMC Charges

Religare Elite Wealth
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹360/- ( 2nd Year Onwards) First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Trading Account AMC ₹0 (Free) ₹0 (Free)

Religare Vs Elite Wealth - Brokerage charges & Plans

Religare Elite Wealth
Commodity Futures 0.01% 0.03%
Currency Futures 0.01% 0.03%
Equity Delivery ₹0 0.33%
Equity Options ₹10/ Lot ₹33 per Lot
Commodity Options ₹7/ Lot 0.03%
Equity Futures 0.01% 0.03%
Currency Options ₹7/ Lot ₹33 per Lot
Fixed Charges 0.01% 0.03%
Equity Intraday 0.01% 0.03%

Religare Vs Elite Wealth - Other Charges

Religare Elite Wealth
RMS Square Off Charge ₹0 (Free) ₹0 (Free)
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹0 (Free) ₹0 (Free)
Other Brokerage Charges 0.01% 0.03%
Minimum Brokerage 0.01% 0.03%

Religare Vs Elite Wealth - Transaction Charges

Religare Elite Wealth
Currency Options 0.06% on Premium NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025%
Equity Futures 0.004% NSE: 0.00195% on Total Turnover value
Equity Intraday 0.0037% NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Equity Options 0.06% on Premium NSE: 0.053% on Premium value
Commodity 0.0035% Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN
Currency Futures 0.004% NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004%
Equity Delivery 0.0037% NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%

Religare Vs Elite Wealth - Margin (Exposure)

Religare Elite Wealth
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + Exposure))
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + exposure))
Commodity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + Exposure))
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + Exposure))
Equity Delivery 1x (100% of trade value) 1x (100% of trade value)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + exposure))
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + Exposure))

Religare Vs Elite Wealth - Features

Religare Elite Wealth
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform 1.Religare Dynami- Mobile App 2.Religare Online- Web Portal 3. Dynami Wrap- Mutual funds App 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform
SMS Alerts for Trades
Direct Mutual Fund

Religare Vs Elite Wealth - Review & Rating

Religare Elite Wealth
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating

Religare Vs Elite Wealth - Request a call back from Broker

Religare Elite Wealth

Religare Vs Elite Wealth - Investment Options

Religare Elite Wealth
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Religare Vs Elite Wealth - Order Type

Religare Elite Wealth
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Religare Vs Elite Wealth - Research & Report

Religare Elite Wealth
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Religare Vs Elite Wealth - Daily Market Report

Religare Elite Wealth
Daily Market Reports & News

Religare Vs Elite Wealth - Suitable For Investor

Religare Elite Wealth
Casual Investor
Active Investor
Trader

Religare Vs Elite Wealth - Pros & Cons

Religare Elite Wealth
Pros 1. Life time AMC free account is available 2. Account Opening Free 3.Facility is available to fund your account by dropping the check in the branch. 4. Customer Service is good. 5.Facility is available to fund your account by dropping the check in the branch. 1. It is a full-service broker 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. Excellent Research 4. Call n Trade Facility 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Upcoming IPO updates 7. Online access to the account on all days
Cons 1.It does not provide 3 in 1 account 2.Automated trading not allowed 1. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account and does not have banking license. 3. Risk of Overtrading.

Religare Vs Elite Wealth - Background

Religare Elite Wealth

Religare Vs Elite Wealth - Compare All Brokers

Religare Elite Wealth

Religare Vs Elite Wealth - STT/CTT

Religare Elite Wealth
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on Sell Side Non-Agri
Currency Futures No STT No STT
Equity Intraday 0.025% on the Sell Side 0.025% on Sell
Equity Options 0.05% on Sell Side(on Premium) 0.05% on Sell (on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and Sell 0.1% on both buy & Sell
Equity Futures 0.01% on Sell Side 0.01 % on Sell
Commodity Options 0.05% on sell side 0.05% on Sell Side

Religare Vs Elite Wealth - Demat transaction charges

Religare Elite Wealth
Equity Demat Transaction Charges ₹15 + Gst per scrip only on sell No Charges

Religare Vs Elite Wealth - GST

Religare Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)

Religare Vs Elite Wealth - SEBI Charges

Religare Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Religare Vs Elite Wealth - Account Opening & AMC Charges

Religare
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹360/- ( 2nd Year Onwards)
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Trading Account AMC
₹0 (Free)
₹0 (Free)
 

Religare Vs Elite Wealth

Religare Elite Wealth
 

Religare Review | Brokerage Charges, Account Opening

‘Values that bind’ is the famous tagline of Religare which means customer’s satisfaction and trust is the top most priority of the company. latin word Religare means to bind together the customer’s satisfaction. Religare founder ncorporated on Religare established year 1982 as a stock brokerage firm called as Religare Securities Limited (RSL) which is ..
+ " Vs "+ Elite Wealth

Elite Wealth Review | Products and Trading Platforms 

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Elite Wealth

Religare Vs Elite Wealth - Brokerage charges & Plans

Religare Elite Wealth
Commodity Futures 0.01% 0.03%
Currency Futures 0.01% 0.03%
Equity Delivery ₹0 0.33%
Equity Options ₹10/ Lot ₹33 per Lot
Commodity Options ₹7/ Lot 0.03%
Equity Futures 0.01% 0.03%
Currency Options ₹7/ Lot ₹33 per Lot
Fixed Charges 0.01% 0.03%
Equity Intraday 0.01% 0.03%

Religare Vs Elite Wealth - Margin (Exposure)

Religare Elite Wealth
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + Exposure))
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + exposure))
Commodity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + Exposure))
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + Exposure))
Equity Delivery 1x (100% of trade value) 1x (100% of trade value)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + exposure))
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + Exposure))

Religare Vs Elite Wealth - Other Charges

Religare Elite Wealth
RMS Square Off Charge ₹0 (Free) ₹0 (Free)
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹0 (Free) ₹0 (Free)
Other Brokerage Charges 0.01% 0.03%
Minimum Brokerage 0.01% 0.03%

Religare Vs Elite Wealth - STT/CTT

Religare Elite Wealth
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on Sell Side Non-Agri
Currency Futures No STT No STT
Equity Intraday 0.025% on the Sell Side 0.025% on Sell
Equity Options 0.05% on Sell Side(on Premium) 0.05% on Sell (on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and Sell 0.1% on both buy & Sell
Equity Futures 0.01% on Sell Side 0.01 % on Sell
Commodity Options 0.05% on sell side 0.05% on Sell Side

Religare Vs Elite Wealth - Demat transaction charges

Religare Elite Wealth
Equity Demat Transaction Charges ₹15 + Gst per scrip only on sell No Charges

Religare Vs Elite Wealth - GST

Religare Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)

Religare Vs Elite Wealth - SEBI Charges

Religare Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Religare Vs Elite Wealth - Features

Religare Elite Wealth
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform 1.Religare Dynami- Mobile App 2.Religare Online- Web Portal 3. Dynami Wrap- Mutual funds App 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform
SMS Alerts for Trades
Direct Mutual Fund

Religare

Elite Wealth