• Top Stock Brokers in India ‐ Reviews, Comparison and Offers
Check reviews of other Share brokers

Marwadi Group vs Religare Broking (Compare Marwadi Group 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 Marwadi Group vs Religare Broking, Below comparison of Marwadi Group 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 Marwadi Group vs Religare Broking is given below:

Marwadi Group Religare Broking
About The Brokers
Marwadi Group :

"Marwadi Shares and Finance Limited was established in 1992 under the leadership of Marwadi brothers in the western state of India ‐ Gujarat. The financial compan   >>> 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 :
Marwadi Group :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Religare Broking :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
Marwadi Group :
 Full Service Broker
Religare Broking :
 Full Service Broker
Promo/offers
Marwadi Group :
N/A
Religare Broking :
N/A
Advantage
Marwadi Group :
  • Multiple financial products available including IPO investment
  • Multiple brokerage plans available
  • Advance charting and various calculators are available
  • Pan India presence through physical offices and sub-brokers
  • A good number of years of experience in the financial industry as the company was established in 1992
  • 25 years of steady growth
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
Marwadi Group :
  • They are not transparent when it comes to revealing brokerages
  • No online chat support or email support
  • Majorly limited to Gujarat region
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
Marwadi Group :
  • Strong presence in its birth state ‐ Gujarat.
  • Multiple financial products available.
  • Excel in providing research support through dedicated research cell called "Habit" and other charting facility.
  • Pan India physical presence through sub-brokers/ authorized persons and physical branches
  • Their clients trade through multiple online trading platforms
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

Marwadi Group vs Religare Broking Account Opening & AMC Charges

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

Marwadi Group Religare Broking
Trading Account Opening Fee Trading Account Opening Fee : - Trading Account Opening Fee :

Rs 500

Demat Account Opening Fee Demat Account Opening Fee : - Demat Account Opening Fee :

Nil

Demat Account AMC Demat Account AMC : - Demat Account AMC :

Rs 400 from second year onward

Trading Account AMC Trading Account AMC : - Trading Account AMC :

Nil


Marwadi Group vs Religare Broking Brokerage Charges

Marwadi Group Brokerage Charges 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 .

Marwadi Group Religare Broking
Plan Name - Plan Name :

Standard Plan

Equity Delivery - Equity Delivery :

0.50% to 0.10%

Equity Intraday - Equity Intraday :

0.050% to 0.010%

Equity Future - Equity Future :

0.05%

Equity Options - Equity Options :

Rs 70 per lot

Currency Futures - Currency Futures :

0.05%

Currency Options - Currency Options :

Rs 30 per lot

Monthly Fee - Monthly Fee : -
Margin Trading - Margin Trading :

0.025%

Commodity Futures - Commodity Futures :

0.05%

Commodity Options - Commodity Options :

Rs 30 per lot


Marwadi Group vs Religare Broking Exchange Transaction Charges

Marwadi Group Exchange Transaction Charges - and - . Religare Broking Exchange Transaction Charges Equity Future is 0.004% and Equity Options is 0.06% on Premium .

Marwadi Group Religare Broking
Equity Delivery Equity Delivery : - Equity Delivery :

0.0037%

Equity Intraday Equity Intraday : - Equity Intraday :

0.0037%

Equity Future * Equity Future : - Equity Future :

0.004%

Equity Options * Equity Options : - Equity Options :

0.06% on Premium

Currency Futures * Currency Futures : - Currency Futures :

0.004%

Currency Options Currency Options : - Currency Options :

0.06% on Premium

Commodity Commodity : - Commodity :

0.0035%


Marwadi Group vs Religare Broking Other Charges

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

Marwadi Group Religare Broking
Minimum Brokerage Minimum Brokerage : - Minimum Brokerage :

1p per share

Call & Trade Call & Trade : - 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) : - DP Charges (on sell side) :

₹12 + ₹5.5 (CDSL) per scrip

Other Miscellaneous Charges Other Miscellaneous Charges : - Other Miscellaneous Charges : -

Marwadi Group vs Religare Broking Features

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

Marwadi Group Religare Broking
Trading Platform Trading Platform : - Trading Platform :

Odin Diet, Web, Dynami

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

No

Trading Alerts Trading Alerts : - Trading Alerts :

No

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

Yes

Margin Against Shares (Equity Cash) :

Yes

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

Yes

Margin Against Shares (Equity F&O) :

Yes


Marwadi Group vs Religare Broking Demat Account Charges

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

Marwadi Group Religare Broking
Depository Service Provider Depository Service Provider : - Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee : - Account Opening Fee :

NIL

Advance Deposit Advance Deposit : - Advance Deposit :

Rs 500

AMC AMC : - 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 : - Dematerialisation Charges :

Rs 2 per certificate + Rs 30 Courier Charges

Rematerialisation Charges Rematerialisation 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) : - 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 : - 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 : - 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 : - Other Charges :

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


Marwadi Group vs Religare Broking Basic Details

Marwadi Group and Total Number of Clients is 126599 and . Religare Broking Year of Incorporation is 1994 and Total Number of Clients is 143944 and Total Number of Branches is 1500 .

Marwadi Group Religare Broking
Year of Incorporation Year of Incorporation : - Year of Incorporation :

1994

Active Exchange Memberships Active Exchange Memberships : - Active Exchange Memberships :

NSE, BSE, MCX, NCDEX

Demat Services Demat Services : - Demat Services :

Yes

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

011-39125000

Total Number of Clients Total Number of Clients :

126,599

Total Number of Clients :

143,944

Total Number of Branches Total Number of Branches : - Total Number of Branches :

1500

Products * Products : - Products : -

Marwadi Group vs Religare Broking Orders

Orders

Marwadi Group Religare Broking
Cover Orders (CO) Cover Orders (CO) : - Cover Orders (CO) :

No

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

No

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

Yes

Good Till Cancelled (GTC) :

Yes


Marwadi Group vs Religare Broking Research and Advice / Trading Tips

Research and Advice / Trading Tips

Marwadi Group Religare Broking
Equity Trading Recommendation * Equity Trading Recommendation : - Equity Trading Recommendation : -
Equity Investment Recommendation * Equity Investment Recommendation : - Equity Investment Recommendation : -
Recommendation basis risk Profile * Recommendation basis risk Profile : - Recommendation basis risk Profile : -
Comparison * Comparison : - Comparison : -
Free Tips * Free Tips : - Free Tips :

Yes

Daily Market report * Daily Market report : - Daily Market report :

Yes

ETF research * ETF research : - ETF research : -
Quarterly Results * Quarterly Results : - Quarterly Results :

Yes


Marwadi Group vs Religare Broking Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Marwadi Group 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)


Marwadi Group vs Religare Broking Product & Services

Marwadi Group 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:

Marwadi Group Religare Broking
Delivery Based Trading * Delivery Based Trading : - Delivery Based Trading : -
Margin Trading * Margin Trading : - Margin Trading : -
Call N Trade * Call N Trade : - Call N Trade : -
Trading in Both the exchanges * Trading in Both the exchanges : - 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 : - 3-in-1 On-line Trading Account : -
NRI Services * NRI Services : - NRI Services : -
SMS Alerts * SMS Alerts : - SMS Alerts :

Yes

Offers Multiple Plan * Offers Multiple Plan : - Offers Multiple Plan : -
IPO Investment * IPO Investment : - IPO Investment : -
Portfolio Analysis * Portfolio Analysis : - Portfolio Analysis : -
Advanced Charting Features * Advanced Charting Features : - Advanced Charting Features : -
Brokerage Calculator * Brokerage Calculator : - Brokerage Calculator : -
Margin Calculator * Margin Calculator : - Margin Calculator : -
Stop Loss Order * Stop Loss Order : - Stop Loss Order : -
Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss : - Bracket Orders & Trailing Stop Loss : -
Equity Future & Option Trading * Equity Future & Option Trading : - Equity Future & Option Trading : -
Currency Future & Option Trading * Currency Future & Option Trading : - Currency Future & Option Trading : -
Market Trading * Market Trading : - Market Trading : -
Monthly & Yearly Plan * Monthly & Yearly Plan : - Monthly & Yearly Plan : -
Aumtomated Trading * Aumtomated Trading : - Aumtomated Trading : -

Marwadi Group vs Religare Broking Customer Services

Marwadi Group 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:

Marwadi Group Religare Broking
Toll Free Number * Toll Free Number : - Toll Free Number : -
Live Chat Facility * Live Chat Facility : - Live Chat Facility : -
Email Facility * Email Facility : - Email Facility : -
Branch Offices * Branch Offices : - Branch Offices : -
Customer Care * Customer Care : - Customer Care : -
Community Service * Community Service : - Community Service : -
Relationship Manager * Relationship Manager : - Relationship Manager : -
24/7 Support * 24/7 Support : - 24/7 Support : -

Marwadi Group vs Religare Broking Other Investement

Marwadi Group 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:

Marwadi Group Religare Broking
Commodity Trading * Commodity Trading : - Commodity Trading : -
Investment in ETFs * Investment in ETFs : - Investment in ETFs : -
Investment in Mutual Funds * Investment in Mutual Funds : - Investment in Mutual Funds : -
Investment in Bonds * Investment in Bonds : - Investment in Bonds : -
Investment in Corporate Debt instruments * Investment in Corporate Debt instruments : - Investment in Corporate Debt instruments : -
Insurance Services * Insurance Services : - Insurance Services : -
Banking Services * Banking Services : - Banking Services : -

Marwadi Group vs Religare Broking Trading Platform

Marwadi Group 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:

Marwadi Group Religare Broking
Web Platform * Web Platform : - Web Platform : -
Android Mobile App * Android Mobile App : - Android Mobile App : -
Desktop Windows * Desktop Windows : - Desktop Windows : -
Desktop Mac * Desktop Mac : - Desktop Mac : -
I-Pad App * I-Pad App : - I-Pad App : -
Virtual Trading * Virtual Trading : - Virtual Trading : -
iPhone Mobile App * iPhone Mobile App : - iPhone Mobile App : -
Contact Now

User Reviews

Post New Message
0  Comments
- - -   Compare More Brokers   - - -
Marwadi GroupReligare Broking
 Marwadi Group vs Zerodha
 Marwadi Group vs Upstox
 Marwadi Group vs Angel One
 Marwadi Group vs ProStocks
 Marwadi Group vs Paytm Money
 Marwadi Group vs Fyers
 Marwadi Group vs 5paisa
 Marwadi Group vs BlinkX
 Marwadi Group vs TradeSmart
 Marwadi Group vs SAS Online
 Marwadi Group vs TradePlus
 Marwadi Group vs SAMCO
 Marwadi Group vs Alice Blue
 Marwadi Group vs Aditya Birla Money
 Marwadi Group vs Edelweiss
 Marwadi Group vs Sharekhan
 Marwadi Group vs IIFL
 Marwadi Group vs Anand Rathi
 Marwadi Group vs ICICI Direct
 Marwadi Group vs Axis Direct
 Marwadi Group vs HDFC Securities
 Marwadi Group vs Motilal Oswal
 Marwadi Group vs Religare Broking
 Marwadi Group vs SMC Global
 Marwadi Group vs Kotak Securities
 Marwadi Group vs Geojit BNP Paribas
 Marwadi Group vs Groww
 Marwadi Group vs Dhani Stocks
 Marwadi Group vs FINVASIA
 Marwadi Group vs Market Wolf
 Marwadi Group vs SBICAP Securities
 Religare Broking vs Zerodha
 Religare Broking vs Upstox
 Religare Broking vs Angel One
 Religare Broking vs ProStocks
 Religare Broking vs Paytm Money
 Religare Broking vs Fyers
 Religare Broking vs 5paisa
 Religare Broking vs BlinkX
 Religare Broking vs TradeSmart
 Religare Broking vs SAS Online
 Religare Broking vs TradePlus
 Religare Broking vs SAMCO
 Religare Broking vs Alice Blue
 Religare Broking vs Aditya Birla Money
 Religare Broking vs Edelweiss
 Religare Broking vs Sharekhan
 Religare Broking vs IIFL
 Religare Broking vs Anand Rathi
 Religare Broking vs ICICI Direct
 Religare Broking vs Axis Direct
 Religare Broking vs HDFC Securities
 Religare Broking vs Marwadi Group
 Religare Broking vs Motilal Oswal
 Religare Broking vs SMC Global
 Religare Broking vs Kotak Securities
 Religare Broking vs Geojit BNP Paribas
 Religare Broking vs Groww
 Religare Broking vs Dhani Stocks
 Religare Broking vs FINVASIA
 Religare Broking vs Market Wolf
 Religare Broking vs SBICAP Securities