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Alice Blue vs Religare Broking (Compare Alice Blue 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 Alice Blue vs Religare Broking, Below comparison of Alice Blue 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 Alice Blue vs Religare Broking is given below:

Alice Blue

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Religare Broking

	Alice Blue	Religare Broking

About The Brokers	Alice Blue : "Started in 2006, Alice Blue provides Stock & Commodity trading at the lowest brokerage fee and has a network of 17 branches located in major cities along with more th >>> 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 :	Alice Blue : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Religare Broking : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Alice Blue : Discount Broker	Religare Broking : Full Service Broker
Promo/offers	Alice Blue : Special Offer: Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.	Religare Broking : N/A
Advantage	Alice Blue : Free Delivery Trade Lowest Brokerage charges on Intrady & F&O at Rs 15 Per Trade. commission Free mutual fund investment Free Trading & Demate account opening Instant digital account opening No minimum brokerage. No minimum commitment. No Prepaid Plans. ANT Trading Software is available for free to all its customers. The daily market report is available for free to all customers. Free API for Algo trading. Up to 10 times exposure on Equity via Bracket Order..	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	Alice Blue : Does not provide a 3in1 account facility. Does not provide trading options: GTC (Good Till Cancelled) & GTT orders Do not Offer NRI Trading 3rd party trading tools are not free and charge a subscription fee. Online IPO, NCD, and Corporate bonds are not available. Broker-assisted trades (Call & Trade) are available at an extra Rs 20 per executed order.	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	Alice Blue : Free Delivery Trade, Alice Blue does not charge any brokerage on Delivery trade. They offer Equity intraday trade at ₹15 or 0.01% (whichever is lower) Alice Blue provides mutual funds investment at Zero Commission, No transaction charges, 100% paperless online Demat account opening Advanced Trading Tools- ANT Meta and , ANT Scanner. and other 3rd party tools. Free trading software's to all its customers. Trade School an online resource for learning investment concepts and trading skills. Experience trust of over 20 years as a full-service broker. Advanced charts and other options like cover order,bracket order and Aftermarket order (AMO) are available Provides Brokerage & Margin Calculator	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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Alice Blue vs Religare Broking Account Opening & AMC Charges

Alice Blue Trading Account Opening Fee is Rs 150 and Religare Broking Trading Account Opening Fee is Rs 500 . Alice Blue Demat Account AMC is Rs 400 and Religare Broking Demat Account AMC is Rs 400 from second year onward .

	Alice Blue	Religare Broking
Trading Account Opening Fee	Trading Account Opening Fee : Rs 150	Trading Account Opening Fee : Rs 500
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0	Demat Account Opening Fee : Nil
Demat Account AMC	Demat Account AMC : Rs 400	Demat Account AMC : Rs 400 from second year onward
Trading Account AMC	Trading Account AMC : Rs 0	Trading Account AMC : Nil

Alice Blue vs Religare Broking Brokerage Charges

Alice Blue Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 15 per order or 0.05% whichever is lower and Equity Options is Rs 15 per 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 .

	Alice Blue	Religare Broking
Plan Name	Plan Name : Freedom Plan (F15)	Plan Name : Standard Plan
Equity Delivery	Equity Delivery : Rs 0 (Free)	Equity Delivery : 0.50% to 0.10%
Equity Intraday	Equity Intraday : Rs 15 per order or 0.05% whichever is lower	Equity Intraday : 0.050% to 0.010%
Equity Future	Equity Future : Rs 15 per order or 0.05% whichever is lower	Equity Future : 0.05%
Equity Options	Equity Options : Rs 15 per order	Equity Options : Rs 70 per lot
Currency Futures	Currency Futures : Rs 15 per order or 0.05% whichever is lower	Currency Futures : 0.05%
Currency Options	Currency Options : Rs 15 per order	Currency Options : Rs 30 per lot
Monthly Fee	Monthly Fee : -	Monthly Fee : -
Margin Trading	Margin Trading : -	Margin Trading : 0.025%
Commodity Futures	Commodity Futures : Rs 15 per order or 0.05% whichever is lower	Commodity Futures : 0.05%
Commodity Options	Commodity Options : Rs 15 per order	Commodity Options : Rs 30 per lot

Alice Blue vs Religare Broking Exchange Transaction Charges

Alice Blue 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 .

	Alice Blue	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 : Non-Agri Rs 360 per Cr (0.0036%) \| Agri Rs 275 per Cr (0.00275%)	Commodity : 0.0035%

Alice Blue vs Religare Broking Other Charges

Alice Blue Minimum Brokerage is Rs 0 and Call & Trade is Rs 20 per executed order . Religare Broking Minimum Brokerage is 1p per share and Call & Trade is Rs 10 per executed order (max Rs 50 per day) .

	Alice Blue	Religare Broking
Minimum Brokerage	Minimum Brokerage : Rs 0	Minimum Brokerage : 1p per share
Call & Trade	Call & Trade : Rs 20 per executed order	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) : ₹15 per transaction	DP Charges (on sell side) : ₹12 + ₹5.5 (CDSL) per scrip
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : -

Alice Blue vs Religare Broking Features

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

	Alice Blue	Religare Broking
Trading Platform	Trading Platform : Front End: ANT \| Back End: Omnesys NEST	Trading Platform : Odin Diet, Web, Dynami
Placing orders through charts	Placing orders through charts : Yes	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 : 1	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

Alice Blue vs Religare Broking Demat Account Charges

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

	Alice Blue	Religare Broking
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : â‚¹0	Account Opening Fee : NIL
Advance Deposit	Advance Deposit : â‚¹0	Advance Deposit : Rs 500
AMC	AMC : â‚¹400 per year	AMC : Client opting for digital statement: Rs 300 per annum Client opting for physical statement: Rs 400 per annum
Dematerialisation Charges	Dematerialisation Charges : â‚¹10 per certificate + â‚¹50 per request	Dematerialisation Charges : Rs 2 per certificate + Rs 30 Courier Charges
Rematerialisation Charges	Rematerialisation Charges : â‚¹30 per request + CDSL Fee + â‚¹10 per 100 securities	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) : 0.04% of the value of the transaction (minimum â‚¹20)	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 : 0.04% of the value of the transaction (minimum â‚¹40)	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 : â‚¹0	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 : 0.04% of the value of the transaction (minimum â‚¹40)	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 : Power of Attorney (PoA): â‚¹150 Courier Charges: â‚¹100 per request Additional DIS Booklet: â‚¹100 per booklet	Other Charges : Demat Rejection Charges Rs 30 per rejection. Delivery Instruction Booklet Rs 1 per leaflet.

Alice Blue vs Religare Broking Basic Details

Alice Blue and Total Number of Clients is 163460 and . Religare Broking Year of Incorporation is 1994 and Total Number of Clients is 143944 and Total Number of Branches is 1500 .

	Alice Blue	Religare Broking
Year of Incorporation	Year of Incorporation : -	Year of Incorporation : 1994
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX	Active Exchange Memberships : NSE, BSE, MCX, NCDEX
Demat Services	Demat Services : No	Demat Services : Yes
Website	Website : www.aliceblueonline.com	Website : https://www.religareonline.com
Contact Details	Contact Details : 080-61575500\|080-45490850	Contact Details : 011-39125000
Total Number of Clients	Total Number of Clients : 163,460	Total Number of Clients : 143,944
Total Number of Branches	Total Number of Branches : -	Total Number of Branches : 1500
Products *	Products : Mutual Fund, Equity, Currency & Commodity	Products : -

Alice Blue vs Religare Broking Orders

Orders

	Alice Blue	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) : Yes	Sell Today Buy Tomorrow (STBT) : Yes
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : No	Good Till Cancelled (GTC) : Yes

Alice Blue vs Religare Broking Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Alice Blue	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

Alice Blue vs Religare Broking Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Alice Blue	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)

Alice Blue vs Religare Broking Product & Services

Alice Blue 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:

	Alice Blue	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 : -	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 : No	IPO Investment : -
Portfolio Analysis *	Portfolio Analysis : No	Portfolio Analysis : -
Advanced Charting Features *	Advanced Charting Features : Yes	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 : -

Alice Blue vs Religare Broking Customer Services

Alice Blue 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:

	Alice Blue	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 : Yes	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 : -

Alice Blue vs Religare Broking Other Investement

Alice Blue 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:

	Alice Blue	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 : No	Investment in Bonds : -
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : Yes	Investment in Corporate Debt instruments : -
Insurance Services *	Insurance Services : No	Insurance Services : -
Banking Services *	Banking Services : No	Banking Services : -

Alice Blue vs Religare Broking Trading Platform

Alice Blue 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:

	Alice Blue	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 : 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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