• Top Stock Brokers in India ‐ Reviews, Comparison and Offers

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

Mdirect Religare Broking
About The Brokers
Mdirect :

   >>> 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 :
Mdirect :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Religare Broking :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
Mdirect :
 Full Service Broker
Religare Broking :
 Full Service Broker
Promo/offers
Mdirect :
N/A
Religare Broking :
N/A
Advantage
Mdirect :

NA

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
Mdirect :

NA

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
Mdirect :

NA

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

Mdirect vs Religare Broking Account Opening & AMC Charges

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

Mdirect Religare Broking
Trading Account Opening Fee Trading Account Opening Fee : - Trading Account Opening Fee :

₹500

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

Nil

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

₹400 from second year onward

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

₹0


Mdirect vs Religare Broking Brokerage Charges

Mdirect 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 ₹70 per lot .

Mdirect 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 :

₹70 per lot

Currency Futures - Currency Futures :

0.05%

Currency Options - Currency Options :

₹30 per lot

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

0.025%

Commodity Futures - Commodity Futures :

0.05%

Commodity Options - Commodity Options :

₹30 per lot


Mdirect vs Religare Broking Transaction Charges (Per Crore)

Mdirect Transaction Charges (Per Crore) - and - . Religare Broking Transaction Charges (Per Crore) Equity Future is 0.004% and Equity Options is 0.06% on Premium .

Mdirect 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%


Mdirect vs Religare Broking Other Charges

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

Mdirect Religare Broking
Minimum Brokerage Minimum Brokerage : - Minimum Brokerage :

1p per share

Call & Trade Call & Trade : - Call & Trade :

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

Stamp Duty * Stamp Duty : - Stamp Duty :

Charges as per the state of residence

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 : -

Mdirect vs Religare Broking Features

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

Mdirect Religare Broking
Trading Platform Trading Platform : - Trading Platform :

Odin Diet web, desktop and mobile app

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 :

MF and EMI calculators

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


Mdirect vs Religare Broking Demat Account Charges

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

Mdirect Religare Broking
Depository Service Provider Depository Service Provider : - Depository Service Provider :

CDSL and NSDL

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

₹500

Advance Deposit Advance Deposit : - Advance Deposit :

₹500

AMC AMC : - AMC :

Nil

Dematerialisation Charges Dematerialisation Charges : - Dematerialisation Charges :

₹2 per certificate + ₹30 Courier Charges

Rematerialisation Charges Rematerialisation Charges : - Rematerialisation Charges :

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

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

0.03% or ₹30 whichever is higher

Pledge Creation Charges Pledge Creation Charges : - Pledge Creation Charges :

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

₹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 :

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

Pledge Invocation Charges Pledge Invocation Charges : - Pledge Invocation Charges :

₹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 :

Demat Rejection Charges ₹30 per rejection.

Delivery Instruction Booklet ₹1 per leaflet.


Mdirect vs Religare Broking Basic Details

Mdirect and and . Religare Broking Year of Incorporation is 1994 and Total Number of Clients is 132939 and Total Number of Branches is 1500 .

Mdirect 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 : - Total Number of Clients :

132939

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

1500

Products * Products : - Products : -

Mdirect vs Religare Broking Charts and Data

Mdirect and Religare Broking both offer a host of Charts & Data for better decision making to their clients. Their comparative analysis is in the below table:

Mdirect Religare Broking
Live data source Live data source : - Live data source :

NSE, BSE, MCX

Advanced Charting tools Advanced Charting tools : - Advanced Charting tools :

No

Multi-Chart Setup Multi-Chart Setup : - Multi-Chart Setup :

Yes

No.of indicators No.of indicators : - No.of indicators :

30

No.of charts can be opened No.of charts can be opened : - No.of charts can be opened :

2

Live Scanners Live Scanners : - Live Scanners :

Yes

Customizable screeners Customizable screeners : - Customizable screeners :

No

Trading from charts Trading from charts : - Trading from charts :

No

Compare Symbol performance on Chart Compare Symbol performance on Chart : - Compare Symbol performance on Chart :

No

Options charts Options charts : - Options charts :

Yes

Continuous futures charts Continuous futures charts : - Continuous futures charts :

Yes

Intraday historical data for charts Intraday historical data for charts : - Intraday historical data for charts :

10 days

End of Day historical data for charts End of Day historical data for charts : - End of Day historical data for charts :

5 years

Corporate action adjusted charts Corporate action adjusted charts : - Corporate action adjusted charts :

No

Back Testing Back Testing : - Back Testing :

No

Options Chain Options Chain : - Options Chain :

Yes

Heat Maps Heat Maps : - Heat Maps :

Yes

Analytics Analytics : - Analytics :

No

Price Ladder Price Ladder : - Price Ladder :

No


Mdirect vs Religare Broking Leverage

Leverage

Mdirect Religare Broking
Equity Delivery Equity Delivery : - Equity Delivery :

Upto 4x with 24% interest per year

Equity Intraday Equity Intraday : - Equity Intraday :

Upto 10x

Equity Futures Equity Futures : - Equity Futures :

Upto 3x

Equity Options Equity Options : - Equity Options :

Upto 3x for shorting

Currency Futures Currency Futures : - Currency Futures :

Upto 2x

Currency Options Currency Options : - Currency Options :

2x for shorting

Commodity Futures Commodity Futures : - Commodity Futures :

Upto 3x

Commodity Options Commodity Options : - Commodity Options : -

Mdirect vs Religare Broking Orders

Orders

Mdirect 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


Mdirect vs Religare Broking Research and Advice / Trading Tips

Research and Advice / Trading Tips

Mdirect 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 : -
Daily Market report * Daily Market report : - Daily Market report : -
ETF research * ETF research : - ETF research : -
Quarterly Results * Quarterly Results : - Quarterly Results : -

Mdirect vs Religare Broking Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Mdirect 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)


Mdirect vs Religare Broking Product & Services

Mdirect 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:

Mdirect Religare Broking
Delivery Based Trading * Delivery Based Trading : - Delivery Based Trading : -
Margin Trading * Margin Trading : - Margin Trading : -
Call in Trade * Call in Trade : - Call in 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 : -
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 : -

Mdirect vs Religare Broking Customer Services

Mdirect 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:

Mdirect 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 : -

Mdirect vs Religare Broking Other Investement

Mdirect 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:

Mdirect 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 : -

Mdirect vs Religare Broking Trading PlatForm

Mdirect 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:

Mdirect 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 : -

Mdirect vs Religare Broking Company Information

Company Information

Mdirect Religare Broking
Financials * Financials : - Financials : -
News * News : - News : -
Company Analysis * Company Analysis :

Yes

Company Analysis :

Yes

Contact Now Enquire Now Enquire Now

User Reviews

Post New Message
0  Comments
- - -   Compare More Brokers   - - -
MdirectReligare Broking
 Compare Mdirect vs Zerodha
 Compare Mdirect vs ICICI Direct
 Compare Mdirect vs Upstox
 Compare Mdirect vs HDFC Securities
 Compare Mdirect vs Sharekhan
 Compare Mdirect vs MyValueTrade
 Compare Mdirect vs Axis Direct
 Compare Mdirect vs SAMCO
 Compare Mdirect vs Kotak Securities
 Compare Mdirect vs Trade Smart
 Compare Mdirect vs SAS Online
 Compare Mdirect vs Angel Broking
 Compare Mdirect vs Motilal Oswal
 Compare Mdirect vs 5paisa
 Compare Mdirect vs ProStocks
 Compare Mdirect vs Geojit BNP Paribas
 Compare Mdirect vs Marwadi Group
 Compare Mdirect vs Master Capital/mastertrust
 Compare Mdirect vs Mangal Keshav
 Compare Mdirect vs LSE Securities
 Compare Mdirect vs Karvy
 Compare Mdirect vs Networth Direct
 Compare Mdirect vs Nirmal Bang
 Compare Mdirect vs Reliance Securities
 Compare Mdirect vs Alice Blue
 Compare Mdirect vs Religare Broking
 Compare Mdirect vs SBICAP Securities
 Compare Mdirect vs SMC Global
 Compare Mdirect vs Sushil Finance
 Compare Mdirect vs TradingBell
 Compare Mdirect vs Paytm Money
 Compare Mdirect vs Ventura
 Compare Mdirect vs Anand Rathi
 Compare Mdirect vs Achiievers
 Compare Mdirect vs Tradejini
 Compare Mdirect vs Groww
 Compare Mdirect vs Wisdom Capital
 Compare Mdirect vs TradePlus
 Compare Mdirect vs Compositedge
 Compare Mdirect vs RKGlobal
 Compare Mdirect vs Fyers
 Compare Mdirect vs Aditya Birla Money
 Compare Mdirect vs Just Trade
 Compare Mdirect vs Arihant Capital
 Compare Mdirect vs Bonanza Portfolio
 Compare Mdirect vs Edelweiss
 Compare Mdirect vs GCL Securities
 Compare Mdirect vs GEPL Capital
 Compare Mdirect vs IDBI Capital
 Compare Mdirect vs IIFL
 Compare Mdirect vs Indiabulls Ventures
 Compare Religare Broking vs Zerodha
 Compare Religare Broking vs ICICI Direct
 Compare Religare Broking vs Upstox
 Compare Religare Broking vs HDFC Securities
 Compare Religare Broking vs Sharekhan
 Compare Religare Broking vs MyValueTrade
 Compare Religare Broking vs Axis Direct
 Compare Religare Broking vs SAMCO
 Compare Religare Broking vs Kotak Securities
 Compare Religare Broking vs Trade Smart
 Compare Religare Broking vs SAS Online
 Compare Religare Broking vs Angel Broking
 Compare Religare Broking vs Motilal Oswal
 Compare Religare Broking vs 5paisa
 Compare Religare Broking vs ProStocks
 Compare Religare Broking vs Geojit BNP Paribas
 Compare Religare Broking vs Marwadi Group
 Compare Religare Broking vs Master Capital/mastertrust
 Compare Religare Broking vs Mdirect
 Compare Religare Broking vs Mangal Keshav
 Compare Religare Broking vs LSE Securities
 Compare Religare Broking vs Karvy
 Compare Religare Broking vs Networth Direct
 Compare Religare Broking vs Nirmal Bang
 Compare Religare Broking vs Reliance Securities
 Compare Religare Broking vs Alice Blue
 Compare Religare Broking vs SBICAP Securities
 Compare Religare Broking vs SMC Global
 Compare Religare Broking vs Sushil Finance
 Compare Religare Broking vs TradingBell
 Compare Religare Broking vs Paytm Money
 Compare Religare Broking vs Ventura
 Compare Religare Broking vs Anand Rathi
 Compare Religare Broking vs Achiievers
 Compare Religare Broking vs Tradejini
 Compare Religare Broking vs Groww
 Compare Religare Broking vs Wisdom Capital
 Compare Religare Broking vs TradePlus
 Compare Religare Broking vs Compositedge
 Compare Religare Broking vs RKGlobal
 Compare Religare Broking vs Fyers
 Compare Religare Broking vs Aditya Birla Money
 Compare Religare Broking vs Just Trade
 Compare Religare Broking vs Arihant Capital
 Compare Religare Broking vs Bonanza Portfolio
 Compare Religare Broking vs Edelweiss
 Compare Religare Broking vs GCL Securities
 Compare Religare Broking vs GEPL Capital
 Compare Religare Broking vs IDBI Capital
 Compare Religare Broking vs IIFL
 Compare Religare Broking vs Indiabulls Ventures