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Paytm Money vs Religare Broking (Compare Paytm Money 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 Paytm Money vs Religare Broking, Below comparison of Paytm Money 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 Paytm Money vs Religare Broking is given below:

Paytm Money

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Religare Broking

	Paytm Money	Religare Broking

About The Brokers	Paytm Money : "Paytm Money is a newly launched direct mutual fund distribution and stockbroking arm of the popular digital wallet of India with the intent to provide a fully digital >>> 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 :	Paytm Money : OVERVIEW BROKERAGE	Religare Broking : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Paytm Money : Discount Broker	Religare Broking : Full Service Broker
Promo/offers	Paytm Money : Special Offer: Pay â‚¹0 brokerage for first 15 days and flat â‚¹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer	Religare Broking : N/A
Advantage	Paytm Money : Free Delivery Trade Lowest Brokerage charges on Intrady & F&O at Rs 10 Per Trade. commission Free mutual fund investment Zero Maintenance Charges both Demat & Trading account Instant digital account opening Provide opportunity to invet in digital gold and NPS Simple and robust trading platforms.	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	Paytm Money : No Offline Branch Support Does not provide a 3in1 account facility. Does not provide commodity Trading does not provide trading options: GTC (Good Till Cancelled) & GTT orders Do not Offer NRI Trading No Margin Trading Facility ₹300/- per annum Charges for Using the Trading Platform Very Costly Call & Trade Facility at ₹300/- per executed order Charges on Funds Transfer @ ₹10 per fund addition , no charges on UPI Transfe₹	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	Paytm Money : Free Delivery Trade, Paytm Money does not charge any brokerage on Delivery trade. They offer the lowest charges on Equity intraday trade which is at ₹ 10 or 0.05% (whichever is lower) Paytm Money provides mutual funds investment at Zero Commission, No transaction charges, 100% paperless online Demat account opening 128 bit SSL Encryption for data Security Get complete stock analysis with company financials like P&L, Balance Sheet, etc & pick your best shares to buy free of cost In-depth financial and historical price data for every listed company which enables investors to research the stock market on their own Users can automate stock investing by setting buy orders on a weekly or monthly basis Facility to invest online in digital gold and NPS along with stocks, derivatives, and MFs Advanced charts and other options like cover order and bracket order are available Online IPO application. Brokerage Calculator Provides Mutual Fund Investment Advisory Services.	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
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Paytm Money vs Religare Broking Account Opening & AMC Charges

Paytm Money Trading Account Opening Fee is Rs 200 and Religare Broking Trading Account Opening Fee is Rs 500 . Paytm Money Demat Account AMC is Rs 0 (Free) and Religare Broking Demat Account AMC is Rs 400 from second year onward .

	Paytm Money	Religare Broking
Trading Account Opening Fee	Trading Account Opening Fee : Rs 200	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 (Free)	Demat Account AMC : Rs 400 from second year onward
Trading Account AMC	Trading Account AMC : Rs 300 (Annual Platform Fees)	Trading Account AMC : Nil

Paytm Money vs Religare Broking Brokerage Charges

Paytm Money Brokerage Charges Equity Delivery is Rs 20 per executed order or 2.5% whichever is low and Equity Intraday is Rs 20 per executed order or 0.05% whichever is low and Equity Options is Rs 20 per executed order . 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 .

	Paytm Money	Religare Broking
Plan Name	Plan Name : Basic Plan	Plan Name : Standard Plan
Equity Delivery	Equity Delivery : Rs 20 per executed order or 2.5% whichever is low	Equity Delivery : 0.50% to 0.10%
Equity Intraday	Equity Intraday : Rs 20 per executed order or 0.05% whichever is low	Equity Intraday : 0.050% to 0.010%
Equity Future	Equity Future : Rs 20 per executed order or 0.01% whichever is low	Equity Future : 0.05%
Equity Options	Equity Options : Rs 20 per executed order	Equity Options : Rs 70 per lot
Currency Futures	Currency Futures : -	Currency Futures : 0.05%
Currency Options	Currency Options : -	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 : -	Commodity Futures : 0.05%
Commodity Options	Commodity Options : -	Commodity Options : Rs 30 per lot

Paytm Money vs Religare Broking Exchange Transaction Charges

Paytm Money Exchange Transaction Charges Equity Future is BSE Rs 200 per Cr (0.002%) and Equity Options is NSE Rs 5300 per Cr (0.053%) (on premium) . Religare Broking Exchange Transaction Charges Equity Future is 0.004% and Equity Options is 0.06% on Premium .

	Paytm Money	Religare Broking
Equity Delivery	Equity Delivery : NSE Rs 345 per Cr (0.00345%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : 0.0037%
Equity Intraday	Equity Intraday : NSE Rs 345 per Cr (0.00345%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : 0.0037%
Equity Future *	Equity Future : BSE Rs 200 per Cr (0.002%)	Equity Future : 0.004%
Equity Options *	Equity Options : NSE Rs 5300 per Cr (0.053%) (on premium)	Equity Options : 0.06% on Premium
Currency Futures *	Currency Futures : -	Currency Futures : 0.004%
Currency Options	Currency Options : (on premium)	Currency Options : 0.06% on Premium
Commodity	Commodity : -	Commodity : 0.0035%

Paytm Money vs Religare Broking Other Charges

Paytm Money and Call & Trade is Rs 100 . Religare Broking Minimum Brokerage is 1p per share and Call & Trade is Rs 10 per executed order (max Rs 50 per day) .

	Paytm Money	Religare Broking
Minimum Brokerage	Minimum Brokerage : -	Minimum Brokerage : 1p per share
Call & Trade	Call & Trade : Rs 100	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) : ₹10/- per ISIN (incl the depository trans charges)	DP Charges (on sell side) : ₹12 + ₹5.5 (CDSL) per scrip
Other Miscellaneous Charges	Other Miscellaneous Charges : Platform Usage Fees-Rs. 30/month; Physical Statements/Documents-â‚¹300 per request + â‚¹300 per Courier	Other Miscellaneous Charges : -

Paytm Money vs Religare Broking Features

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

	Paytm Money	Religare Broking
Trading Platform	Trading Platform : Paytm Money mobile app, Paytm Money website	Trading Platform : Odin Diet, Web, Dynami
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : No
Trading Alerts	Trading Alerts : Yes	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 : -	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

Paytm Money vs Religare Broking Demat Account Charges

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

	Paytm Money	Religare Broking
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : Nil	Account Opening Fee : NIL
Advance Deposit	Advance Deposit : Nil	Advance Deposit : Rs 500
AMC	AMC : Free - Zero maintenance charges	AMC : Client opting for digital statement: Rs 300 per annum Client opting for physical statement: Rs 400 per annum
Dematerialisation Charges	Dematerialisation Charges : Rs 250 per 100 shares + depository charges	Dematerialisation Charges : Rs 2 per certificate + Rs 30 Courier Charges
Rematerialisation Charges	Rematerialisation Charges : Rs 250 per 100 shares + depository 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) : Rs 10 per ISIN	Transaction Charges (debit) : Delivery given to Religare Pool Account: Rs 15 (Client with POA Religare), Rs 25 (Client without POA Religare) Any other Account: Rs 30 per debit or 0.02% of the value of transaction whichever is higher
Pledge Creation Charges	Pledge Creation Charges : Rs 10 per ISIN	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 : Rs 10 per ISIN	Pledge Invocation Charges : Rs 50 per request or 0.02% of the value of securities whichever is higher
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : Nil
Other Charges	Other Charges : Off-market transfers - Rs 10 per ISIN	Other Charges : Demat Rejection Charges Rs 30 per rejection. Delivery Instruction Booklet Rs 1 per leaflet.

Paytm Money vs Religare Broking Basic Details

Paytm Money Year of Incorporation is 2017 and Total Number of Clients is 814342 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 .

	Paytm Money	Religare Broking
Year of Incorporation	Year of Incorporation : 2017	Year of Incorporation : 1994
Active Exchange Memberships	Active Exchange Memberships : NSE & BSE	Active Exchange Memberships : NSE, BSE, MCX, NCDEX
Demat Services	Demat Services : Yes	Demat Services : Yes
Website	Website : www.paytmmoney.com	Website : https://www.religareonline.com
Contact Details	Contact Details : 080 4625 3716	Contact Details : 011-39125000
Total Number of Clients	Total Number of Clients : 814,342	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 , Digital Gold	Products : -

Paytm Money vs Religare Broking Orders

Orders

	Paytm Money	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

Paytm Money vs Religare Broking Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Paytm Money	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 : No	Daily Market report : Yes
ETF research *	ETF research : No	ETF research : -
Quarterly Results *	Quarterly Results : No	Quarterly Results : Yes

Paytm Money vs Religare Broking Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Paytm Money	Religare Broking
Availability for franchisee / AP	Availability for franchisee / AP : -	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : -	Investment required for Franchisee / AP : Rs. 2 lakh (for commodity, the charges are Rs 1-2 lakh)

Paytm Money vs Religare Broking Product & Services

Paytm Money 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:

	Paytm Money	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 : Rs 300 Per call	Call N Trade : -
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : -
Limit Order *	Limit Order : -	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 : -	Portfolio Analysis : -
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : -
Brokerage Calculator *	Brokerage Calculator : Yes	Brokerage Calculator : -
Margin Calculator *	Margin Calculator : No	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 : No	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 : No	Aumtomated Trading : -

Paytm Money vs Religare Broking Customer Services

Paytm Money 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:

	Paytm Money	Religare Broking
Toll Free Number *	Toll Free Number : No	Toll Free Number : -
Live Chat Facility *	Live Chat Facility : No	Live Chat Facility : -
Email Facility *	Email Facility : Yes	Email Facility : -
Branch Offices *	Branch Offices : No	Branch Offices : -
Customer Care *	Customer Care : No	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 : -

Paytm Money vs Religare Broking Other Investement

Paytm Money 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:

	Paytm Money	Religare Broking
Commodity Trading *	Commodity Trading : No	Commodity Trading : -
Investment in ETFs *	Investment in ETFs : No	Investment in ETFs : -
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : -
Investment in Bonds *	Investment in Bonds : No	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 : -

Paytm Money vs Religare Broking Trading Platform

Paytm Money 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:

	Paytm Money	Religare Broking
Web Platform *	Web Platform : Yes	Web Platform : -
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : -
Desktop Windows *	Desktop Windows : No	Desktop Windows : -
Desktop Mac *	Desktop Mac : No	Desktop Mac : -
I-Pad App *	I-Pad App : Yes	I-Pad App : -
Virtual Trading *	Virtual Trading : No	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : -
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