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FINVASIA vs Religare Broking (Compare FINVASIA and Religare Broking)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between FINVASIA vs Religare Broking, Below comparison of FINVASIA vs Religare Broking highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of FINVASIA vs Religare Broking is given below:

FINVASIA Religare Broking
About The Brokers
FINVASIA :

"Finvasia is a discounted stock broker that offers lifetime zero brokerage on all equity delivery and intraday trades on BSE, NSE, NCDEX, and MCX. In addition to that,   >>> more

Religare Broking :

"RSL is one of the market leading securities firms in India serving over 8 lakh clients across both Offline and Online platforms. Through its extensive branch network    >>> more

Find More Information about the Broker :
FINVASIA :
OVERVIEW BROKERAGE PRODUCTS & SERVICES
Religare Broking :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
FINVASIA :
 Discount Broker
Religare Broking :
 Full Service Broker
Promo/offers
FINVASIA :
N/A
Religare Broking :
N/A
Advantage
FINVASIA :
  •  Finvasia offers lifetime free brokerage to its users which means they don’t charge any brokerage on trades, the customers is supposed to pay govt taxes , Stock exchange charges and monthly trading platform charges for using some advance tools & trading platforms.
  •  Finvasia offers free Demat + trading account opening and unlimited call & trade.
  •  Finvasia also offers free trade clearing.
  •  MCX Commodity trading offers GTC orders for all users
  •  Finvasia offers free trading software — ScalperT where the users can do trading on the web and through mobile apps.
  •  Finvasia offers APIs and Algo trading tools.
  •  Finvasia offers seamless KYC and Aadhar eSign facility to fasten the account opening process.
  •  Finvasia offers users advanced order types — cover order and bracket at the lowest fees.
  •  In addition to stock trading, Finvasia also offers Investment opportunity in Bonds, IPO and Mutual Funds.
  •  Finvasia offers excellent NRI trading.
  •  Finvasia Scalper trading platform allows its users to place various orders in one go and invest in multiple segments through a single platform.
  •  Online Chat support is available
  •  Online IPO Application facility is available for its customers
  •  Finvasia Scalper trading platform allows its users to place various orders in one go and invest in multiple segments through a single platform.
Religare Broking :
  • It provides Instant discount plan.
  • Easy to use experience on the app and online trading
  • You can fund your account through physical cheque submission in the branch
  • They have a research plan for more than 300 companies
  • Derivatives trading, NRI services, mutual funds, IPOs, and online life insurance.
  • Multiple Registration bank account facility is available
  • Daily trading confirmation calls
Disadvantage
FINVASIA :
  •  There is no dedicated relationship manager in Finvasia; thus the traders need to look out for their portfolios themselves
  •  Does not provide 3in1 account facility.
  •  Finvasia charges for Advance order types like Bracket orders etc.
  •  Trading platforms like NEST and NOW are chargeable.
  •  GTC orders are not available at NSE and BSE. They are available at MCX.
  •  Finvasia is online broker and does not have any branches for local support.
  •  Scalpter (trading website) has only 1 min charting frame.
Religare Broking :
  • Can be improved on the transparency of fees, brokerage and other charges.
  • High Brokerage charges
  • Minimum Brokerage charged
  • No Live Chat Facility
Why This
FINVASIA :
  •  The first discounted stockbroker in India offers lifetime brokerage free Demat + Trading account with Zero AMC, Free call & trade services, zero clearing services, and lowest transaction charges on equity delivery, intraday, and F&O.
  •  Finvasia offers a wide range of products under one roof — stock trading, commodities, currencies, mutual funds, IPOs, FPI (Foreign Portfolio Investors), NRI trading, wealth management to High Net Worth Individuals (HNIs), investment in real estate, and many more.
  •  Finvasia offers five excellent trading platforms to cater to different types of traders — ScalperT, NEST (Omnisys Powered Trading Terminal), NSE NOW, Blitz Trader (Algorithmic Trading Platform), and Symphony Presto.
  •  Finvasia offers quick paperless online account opening within 5 minutes.
  •  Finvasia trading platforms are available on Windows, MacBook, Android, and iOS platforms.
  •  Other features: advanced market search, live streaming prices, quick order execution, interactive charts, global indices, and many more.
  •  Finvasia offers a user-friendly trading platform with a global buy and sells window.
  •  Finvasia offers financial trading services to the NRIs, PIO (Person Indian Origin)/OCI (Overseas Citizens of India), Foreign Nationals, and QFI (Qualified foreign investor) that are interested to invest in the Indian market.
  •  Finvasia offers FPI (Foreign Portfolio Investors) from globally. FPI is offered by limited brokers in India and Finvasia is one of them even being a discounted broker.
  • Finvasia offers excellent wealth management resolutions to High Net Worth individuals based in India and NRIs.
Religare Broking :
  • Religare is registered at both, National Stock Exchange and Bombay Stock Exchange. Also, provide products such as Equities, Currencies, Commodities, IPOs, Mutual Funds, Bonds/NCDs through NSE, BSE, MCXSX, USE.
  • Religare has been appreciated by various organizations for its top–class services and contributions to the industry.
  • Religare provides some of the best facilities in research. For example – It provides an easily accessible platform for stock market research called Tech scan.
  • It covered a significant part of India through its outlets and partnered with ten banks for providing various services to its clients
  • Dedicated Branch & Relationship manager

FINVASIA vs Religare Broking Account Opening & AMC Charges

FINVASIA Trading Account Opening Fee is Rs 0 (Free) and Religare Broking Trading Account Opening Fee is Rs 500 . FINVASIA Demat Account AMC is Rs 0 per year (Lifetime Zero AMC) and Religare Broking Demat Account AMC is Rs 400 from second year onward .

FINVASIA Religare Broking
Trading Account Opening Fee Trading Account Opening Fee :

Rs 0 (Free)

Trading Account Opening Fee :

Rs 500

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee :

Nil

Demat Account AMC Demat Account AMC :

Rs 0 per year (Lifetime Zero AMC)

Demat Account AMC :

Rs 400 from second year onward

Trading Account AMC Trading Account AMC :

Rs 0 (Free)

Trading Account AMC :

Nil


FINVASIA vs Religare Broking Brokerage Charges

FINVASIA Brokerage Charges Equity Delivery is Rs 0 and Equity Intraday is Rs 0 and Equity Options is Rs 0 . Religare Broking Brokerage Charges Equity Delivery is 0.50% to 0.10% and Equity Intraday is 0.050% to 0.010% and Equity Options is Rs 70 per lot .

FINVASIA Religare Broking
Plan Name Plan Name :

Finvasia default Brokerage Plan

Plan Name :

Standard Plan

Equity Delivery Equity Delivery :

Rs 0

Equity Delivery :

0.50% to 0.10%

Equity Intraday Equity Intraday :

Rs 0

Equity Intraday :

0.050% to 0.010%

Equity Future Equity Future :

Rs 0

Equity Future :

0.05%

Equity Options Equity Options :

Rs 0

Equity Options :

Rs 70 per lot

Currency Futures Currency Futures :

Rs 0

Currency Futures :

0.05%

Currency Options Currency Options :

Rs 0

Currency Options :

Rs 30 per lot

Monthly Fee Monthly Fee :

NA

Monthly Fee : -
Margin Trading Margin Trading :

Margin Trading :

0.025%

Commodity Futures Commodity Futures :

Rs 0

Commodity Futures :

0.05%

Commodity Options Commodity Options :

Rs 0

Commodity Options :

Rs 30 per lot


FINVASIA vs Religare Broking Exchange Transaction Charges

FINVASIA Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) . Religare Broking Exchange Transaction Charges Equity Future is 0.004% and Equity Options is 0.06% on Premium .

FINVASIA Religare Broking
Equity Delivery Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)

Equity Delivery :

0.0037%

Equity Intraday Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)

Equity Intraday :

0.0037%

Equity Future * Equity Future :

NSE Rs 190 per Cr (0.0019%) | BSE Rs 0

Equity Future :

0.004%

Equity Options * Equity Options :

NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)

Equity Options :

0.06% on Premium

Currency Futures * Currency Futures :

NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)

Currency Futures :

0.004%

Currency Options Currency Options :

NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)

Currency Options :

0.06% on Premium

Commodity Commodity :

Rs 260 per Cr (0.0026%)

Commodity :

0.0035%


FINVASIA vs Religare Broking Other Charges

FINVASIA Minimum Brokerage is Rs 0 and Call & Trade is Rs 0 . Religare Broking Minimum Brokerage is 1p per share and Call & Trade is Rs 10 per executed order (max Rs 50 per day) .

FINVASIA Religare Broking
Minimum Brokerage Minimum Brokerage :

Rs 0

Minimum Brokerage :

1p per share

Call & Trade Call & Trade :

Rs 0

Call & Trade :

Rs 10 per executed order (max Rs 50 per day)

Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) :

₹9 (including CDSL Charges)

DP Charges (on sell side) :

₹12 + ₹5.5 (CDSL) per scrip

Other Miscellaneous Charges Other Miscellaneous Charges :

Bracket Orders in NEST: Rs 99 per month

Other Miscellaneous Charges : -

FINVASIA vs Religare Broking Features

FINVASIA and Religare Broking both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

FINVASIA Religare Broking
Trading Platform Trading Platform :

Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto

Trading Platform :

Odin Diet, Web, Dynami

Placing orders through charts Placing orders through charts : - Placing orders through charts :

No

Trading Alerts Trading Alerts :

No

Trading Alerts :

No

Research and Advice / Trading Tips Research and Advice / Trading Tips :

No

Research and Advice / Trading Tips : -
Detailed Education Initiatives Detailed Education Initiatives :

No

Detailed Education Initiatives :

No

Unique features & Offers Unique features & Offers :

Unique features & Offers : -
Referral Program Referral Program :

0

Referral Program : -
Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

No

Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

No

Margin Against Shares (Equity F&O) :

Yes


FINVASIA vs Religare Broking Demat Account Charges

A comparative table of various demat account charges between FINVASIA and Religare Broking is below:

FINVASIA Religare Broking
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

₹0 (+ stamp charge of ₹199)

Account Opening Fee :

NIL

Advance Deposit Advance Deposit :

₹0

Advance Deposit :

Rs 500

AMC AMC :

₹0 for Individual/HUF/NRI
₹1000 per year for corporate

AMC :

  1. Client opting for digital statement: Rs 300 per annum
  2. Client opting for physical statement: Rs 400 per annum

Dematerialisation Charges Dematerialisation Charges :

₹15 + ₹99 Courier charges

Dematerialisation Charges :

Rs 2 per certificate + Rs 30 Courier Charges

Rematerialisation Charges Rematerialisation Charges :

₹15 + ₹99 Courier charges

Rematerialisation Charges :

Rs 20 per certificate + CDSL Charges + Rs 30 Courier Charges

Transaction Charges (Credit) Transaction Charges (Credit) :

Transaction Charges (Credit) : -
Transaction Charges (debit) Transaction Charges (debit) :

₹9 (including CDSL Fee)

Transaction Charges (debit) :

  1. Delivery given to Religare Pool Account: 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

Pledge Creation Charges Pledge Creation Charges :

₹25 + NSDL Charges

Pledge Creation Charges :

Rs 50 per request or 0.02% of the value of securities whichever is higher

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

Pledge Creation Confirmation Charges :

Rs 50 per request or 0.02% of the value of securities whichever is higher

Pledge Invocation Charges Pledge Invocation Charges :

₹25 + NSDL Charges

Pledge Invocation Charges :

Rs 50 per request or 0.02% of the value of securities whichever is higher

Failed Instruction Charges Failed Instruction Charges :

₹49 per transaction

Failed Instruction Charges :

Nil

Other Charges Other Charges :

  • Periodic Statements - Email: Free | Physical: ₹99 Courier Charges
  • Adhoc / Non Periodic Statement - Email: Free | Physical: ₹5 per page + ₹99 Courier Charges
  • Delivery Instructions - First Booklet: Free | Additional: ₹99 for 10 leaves
  • Check Bounce - ₹299
  • Failed Transaction - ₹49 per transcaction
  • Modification in Client Information - ₹19 per request
  • Demat Closure Account - Nil
  • Delay Payment Charges - 2% per month on T+2 days

Other Charges :

  1. Demat Rejection Charges Rs 30 per rejection.
  2. Delivery Instruction Booklet Rs 1 per leaflet.


FINVASIA vs Religare Broking Basic Details

FINVASIA Year of Incorporation is 2013 and Total Number of Clients is 81004 and Total Number of Branches is 1 . Religare Broking Year of Incorporation is 1994 and Total Number of Clients is 143944 and Total Number of Branches is 1500 .

FINVASIA Religare Broking
Year of Incorporation Year of Incorporation :

2013

Year of Incorporation :

1994

Active Exchange Memberships Active Exchange Memberships :

BSE, NSE, MCX

Active Exchange Memberships :

NSE, BSE, MCX, NCDEX

Demat Services Demat Services :

No

Demat Services :

Yes

Website Website : https://finvasia.com/ Website : https://www.religareonline.com
Contact Details Contact Details :

+911726670000

Contact Details :

011-39125000

Total Number of Clients Total Number of Clients :

81,004

Total Number of Clients :

143,944

Total Number of Branches Total Number of Branches :

1

Total Number of Branches :

1500

Products * Products :

Mutual Fund, Broking , NPS , Global Stocks, ETF

Products : -

FINVASIA vs Religare Broking Orders

Orders

FINVASIA Religare Broking
Cover Orders (CO) Cover Orders (CO) :

Yes

Cover Orders (CO) :

No

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) :

No

After Market Orders (AMO) After Market Orders (AMO) :

Yes

After Market Orders (AMO) :

No

Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Yes

Buy Today Sell Tomorrow (BTST) :

Yes

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

No

Sell Today Buy Tomorrow (STBT) :

Yes

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

No

Good Till Cancelled (GTC) :

Yes


FINVASIA vs Religare Broking Research and Advice / Trading Tips

Research and Advice / Trading Tips

FINVASIA Religare Broking
Equity Trading Recommendation * Equity Trading Recommendation :

No

Equity Trading Recommendation : -
Equity Investment Recommendation * Equity Investment Recommendation :

No

Equity Investment Recommendation : -
Recommendation basis risk Profile * Recommendation basis risk Profile :

No

Recommendation basis risk Profile : -
Comparison * Comparison :

No

Comparison : -
Free Tips * Free Tips :

No

Free Tips :

Yes

Daily Market report * Daily Market report :

Yes

Daily Market report :

Yes

ETF research * ETF research :

No

ETF research : -
Quarterly Results * Quarterly Results :

No

Quarterly Results :

Yes


FINVASIA vs Religare Broking Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

FINVASIA Religare Broking
Availability for franchisee / AP Availability for franchisee / AP :

NA

Availability for franchisee / AP :

Yes

Investment required for Franchisee / AP Investment required for Franchisee / AP :

NA

Investment required for Franchisee / AP :

Rs. 2 lakh (for commodity, the charges are Rs 1-2 lakh)


FINVASIA vs Religare Broking Product & Services

FINVASIA and Religare Broking both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

FINVASIA Religare Broking
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading : -
Margin Trading * Margin Trading :

No

Margin Trading : -
Call N Trade * Call N Trade :

Yes

Call N Trade : -
Trading in Both the exchanges * Trading in Both the exchanges :

Yes

Trading in Both the exchanges : -
Limit Order * Limit Order :

Yes

Limit Order : -
3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account :

No

3-in-1 On-line Trading Account : -
NRI Services * NRI Services :

No

NRI Services : -
SMS Alerts * SMS Alerts :

No

SMS Alerts :

Yes

Offers Multiple Plan * Offers Multiple Plan :

No

Offers Multiple Plan : -
IPO Investment * IPO Investment :

Yes

IPO Investment : -
Portfolio Analysis * Portfolio Analysis :

Yes

Portfolio Analysis : -
Advanced Charting Features * Advanced Charting Features : - Advanced Charting Features : -
Brokerage Calculator * Brokerage Calculator :

Yes

Brokerage Calculator : -
Margin Calculator * Margin Calculator :

Yes

Margin Calculator : -
Stop Loss Order * Stop Loss Order :

Yes

Stop Loss Order : -
Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss :

Yes

Bracket Orders & Trailing Stop Loss : -
Equity Future & Option Trading * Equity Future & Option Trading :

Yes

Equity Future & Option Trading : -
Currency Future & Option Trading * Currency Future & Option Trading :

Yes

Currency Future & Option Trading : -
Market Trading * Market Trading :

Yes

Market Trading : -
Monthly & Yearly Plan * Monthly & Yearly Plan :

No

Monthly & Yearly Plan : -
Aumtomated Trading * Aumtomated Trading :

Yes

Aumtomated Trading : -

FINVASIA vs Religare Broking Customer Services

FINVASIA and Religare Broking both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

FINVASIA Religare Broking
Toll Free Number * Toll Free Number :

No

Toll Free Number : -
Live Chat Facility * Live Chat Facility :

Yes

Live Chat Facility : -
Email Facility * Email Facility :

Yes

Email Facility : -
Branch Offices * Branch Offices :

No

Branch Offices : -
Customer Care * Customer Care :

Info Not Available

Customer Care : -
Community Service * Community Service :

No

Community Service : -
Relationship Manager * Relationship Manager :

No

Relationship Manager : -
24/7 Support * 24/7 Support :

No

24/7 Support : -

FINVASIA vs Religare Broking Other Investement

FINVASIA and Religare Broking both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

FINVASIA Religare Broking
Commodity Trading * Commodity Trading :

Yes

Commodity Trading : -
Investment in ETFs * Investment in ETFs :

Yes

Investment in ETFs : -
Investment in Mutual Funds * Investment in Mutual Funds :

Yes

Investment in Mutual Funds : -
Investment in Bonds * Investment in Bonds :

Yes

Investment in Bonds : -
Investment in Corporate Debt instruments * Investment in Corporate Debt instruments :

No

Investment in Corporate Debt instruments : -
Insurance Services * Insurance Services :

No

Insurance Services : -
Banking Services * Banking Services :

No

Banking Services : -

FINVASIA vs Religare Broking Trading Platform

FINVASIA and Religare Broking both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

FINVASIA Religare Broking
Web Platform * Web Platform :

Yes

Web Platform : -
Android Mobile App * Android Mobile App :

Yes

Android Mobile App : -
Desktop Windows * Desktop Windows :

Yes

Desktop Windows : -
Desktop Mac * Desktop Mac :

No

Desktop Mac : -
I-Pad App * I-Pad App :

No

I-Pad App : -
Virtual Trading * Virtual Trading :

Yes

Virtual Trading : -
iPhone Mobile App * iPhone Mobile App :

No

iPhone Mobile App : -
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