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Religare Broking vs SBICAP Securities (Compare Religare Broking and SBICAP Securities)

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 Religare Broking vs SBICAP Securities, Below comparison of Religare Broking vs SBICAP Securities 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 Religare Broking vs SBICAP Securities is given below:

Religare Broking

SBICAP Securities

	Religare Broking	SBICAP Securities

About The Brokers	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	SBICAP Securities : "SBICAP Securities is certainly a renowned name in share brokerage Industry with over 2lakh active customer base, powerful online trading tools, Research based investm >>> more
Find More Information about the Broker :	Religare Broking : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	SBICAP Securities : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Religare Broking : Full Service Broker	SBICAP Securities : Full Service Broker
Promo/offers	Religare Broking : N/A	SBICAP Securities : N/A
Advantage	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	SBICAP Securities : 3-in-1 online trading account. Full-service broker Supported by both NSE and BSE Research tips and research reports are up to the mark Instant fund and share transfer facility available Huge geographical availability SBICAP offer 30 calls free in a month
Disadvantage	Religare Broking : Can be improved on the transparency of fees, brokerage and other charges. High Brokerage charges Minimum Brokerage charged No Live Chat Facility	SBICAP Securities : Trading account and demat account opening fees are comparatively high. 24/7 customer services are not provided The low user experience when comes to technology
Why This	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	SBICAP Securities : SBICAP Securities believes in making you take right decision by yourself. They provide excellent guidance for the investment. Being bank broker, they provide a 3-in-1 account (Demat+Trading+Bank Account) The bank account is linked with trading account making your transactions simpler. There is long list of product and service of SBICAP Securities and also provide facilities to Indian and NRIs. They provide services of Mutual funds, IPOs, Equity Cash, Equity Derivatives, Currency Derivatives, Loan against securities.and many more.

Religare Broking vs SBICAP Securities Account Opening & AMC Charges

Religare Broking Trading Account Opening Fee is Rs 500 and SBICAP Securities Trading Account Opening Fee is Rs 850 . Religare Broking Demat Account AMC is Rs 400 from second year onward and SBICAP Securities Demat Account AMC is Rs 350 .

	Religare Broking	SBICAP Securities
Trading Account Opening Fee	Trading Account Opening Fee : Rs 500	Trading Account Opening Fee : Rs 850
Demat Account Opening Fee	Demat Account Opening Fee : Nil	Demat Account Opening Fee : Rs 0
Demat Account AMC	Demat Account AMC : Rs 400 from second year onward	Demat Account AMC : Rs 350
Trading Account AMC	Trading Account AMC : Nil	Trading Account AMC : Rs 0

Religare Broking vs SBICAP Securities 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 . SBICAP Securities Brokerage Charges Equity Delivery is 0.50% and Equity Intraday is 0.05% and Equity Options is Rs 100 per lot .

	Religare Broking	SBICAP Securities
Plan Name	Plan Name : Standard Plan	Plan Name : eZ-trade
Equity Delivery	Equity Delivery : 0.50% to 0.10%	Equity Delivery : 0.50%
Equity Intraday	Equity Intraday : 0.050% to 0.010%	Equity Intraday : 0.05%
Equity Future	Equity Future : 0.05%	Equity Future : 0.05%
Equity Options	Equity Options : Rs 70 per lot	Equity Options : Rs 100 per lot
Currency Futures	Currency Futures : 0.05%	Currency Futures : 0.03%
Currency Options	Currency Options : Rs 30 per lot	Currency Options : Rs 30 per lot
Monthly Fee	Monthly Fee : -	Monthly Fee : -
Margin Trading	Margin Trading : 0.025%	Margin Trading : -
Commodity Futures	Commodity Futures : 0.05%	Commodity Futures : NA
Commodity Options	Commodity Options : Rs 30 per lot	Commodity Options : NA

Religare Broking vs SBICAP Securities Exchange Transaction Charges

Religare Broking Exchange Transaction Charges Equity Future is 0.004% and Equity Options is 0.06% on Premium . SBICAP Securities 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	SBICAP Securities
Equity Delivery	Equity Delivery : 0.0037%	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : 0.0037%	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : 0.004%	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options *	Equity Options : 0.06% on Premium	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures *	Currency Futures : 0.004%	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	Currency Options : 0.06% on Premium	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : 0.0035%	Commodity : -

Religare Broking vs SBICAP Securities Other Charges

Religare Broking Minimum Brokerage is 1p per share and Call & Trade is Rs 10 per executed order (max Rs 50 per day) . SBICAP Securities Minimum Brokerage is Rs 0.05 for Cash, Rs 0.01 Future and Call & Trade is Rs 10 per call (after 30 free calls a month) .

	Religare Broking	SBICAP Securities
Minimum Brokerage	Minimum Brokerage : 1p per share	Minimum Brokerage : Rs 0.05 for Cash, Rs 0.01 Future
Call & Trade	Call & Trade : Rs 10 per executed order (max Rs 50 per day)	Call & Trade : Rs 10 per call (after 30 free calls a month)
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : ₹12 + ₹5.5 (CDSL) per scrip	DP Charges (on sell side) : 0.01% (Minimum ₹21, Maximum ₹300)
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : -

Religare Broking vs SBICAP Securities Features

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

	Religare Broking	SBICAP Securities
Trading Platform	Trading Platform : Odin Diet, Web, Dynami	Trading Platform : SBI Smart Express, SBI Smart Web, SBI Smart Mobile
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : No
Trading Alerts	Trading Alerts : No	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : -	Research and Advice / Trading Tips : -
Detailed Education Initiatives	Detailed Education Initiatives : No	Detailed Education Initiatives : Yes
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

Religare Broking vs SBICAP Securities Demat Account Charges

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

	Religare Broking	SBICAP Securities
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 : Rs 500	Advance Deposit : Nil
AMC	AMC : Client opting for digital statement: Rs 300 per annum Client opting for physical statement: Rs 400 per annum	AMC : Individual Account:Â Rs 750 (Rs 500 for e-statement)
Dematerialisation Charges	Dematerialisation Charges : Rs 2 per certificate + Rs 30 Courier Charges	Dematerialisation Charges : Rs 5 per cert + Rs 35 courier charges per request
Rematerialisation Charges	Rematerialisation Charges : Rs 20 per certificate + CDSL Charges + Rs 30 Courier Charges	Rematerialisation Charges : Rs 35 Per Request + CDSL Charges i.e. Rs 10 per 100 securities or part quantity
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	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	Transaction Charges (debit) : Through POA - 0.01% of the transaction value (Minimum of Rs 21 and Maximum of Rs 300) per ISIN Through DIS - 0.04% of the transaction value (Minimum of Rs 30) per ISIN
Pledge Creation Charges	Pledge Creation Charges : Rs 50 per request or 0.02% of the value of securities whichever is higher	Pledge Creation Charges : If SSL / SBI is the counter party:Ã‚Â 0.02% of Value or Min Rs 25 whichever is higher + CDSL charges If SSL / SBI is not the counter party:Ã‚Â 0.04 % of the transaction value subject to a Minimum of Rs 50 per ISIN instruction + CDSL 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 Creation Confirmation Charges : If SSL / SBI is the counter party:Ã‚Â 0.02% of Value or Min Rs 25 whichever is higher + CDSL charges If SSL / SBI is not the counter party:Ã‚Â 0.04 % of the transaction value subject to a Minimum of Rs 50 per ISIN instruction + CDSL Charges
Pledge Invocation Charges	Pledge Invocation Charges : Rs 50 per request or 0.02% of the value of securities whichever is higher	Pledge Invocation Charges : If SSL / SBI is the counter party:Ã‚Â 0.02% of Value or Min Rs 25 whichever is higher + CDSL charges If SSL / SBI is not the counter party:Ã‚Â 0.04 % of the transaction value subject to a Minimum of Rs 50 per ISIN instruction + CDSL Charges
Failed Instruction Charges	Failed Instruction Charges : Nil	Failed Instruction Charges : Rs 10 per failed instruction.
Other Charges	Other Charges : Demat Rejection Charges Rs 30 per rejection. Delivery Instruction Booklet Rs 1 per leaflet.	Other Charges : -

Religare Broking vs SBICAP Securities Basic Details

Religare Broking Year of Incorporation is 1994 and Total Number of Clients is 143944 and Total Number of Branches is 1500 . SBICAP Securities Year of Incorporation is 2001 and Total Number of Clients is 855994 and Total Number of Branches is 117 .

	Religare Broking	SBICAP Securities
Year of Incorporation	Year of Incorporation : 1994	Year of Incorporation : 2001
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX, NCDEX	Active Exchange Memberships : NSE, BSE
Demat Services	Demat Services : Yes	Demat Services : Yes
Website	Website : https://www.religareonline.com	Website : http://www.sbismart.com
Contact Details	Contact Details : 011-39125000	Contact Details : 18002099345
Total Number of Clients	Total Number of Clients : 143,944	Total Number of Clients : 855,994
Total Number of Branches	Total Number of Branches : 1500	Total Number of Branches : 117
Products *	Products : -	Products : Investment banking, institutional broking, retail broking, private wealth management, and financial product distribution

Religare Broking vs SBICAP Securities Orders

Orders

	Religare Broking	SBICAP Securities
Cover Orders (CO)	Cover Orders (CO) : No	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : No	Bracket orders / One Cancels Other (BO / OCO) : No
After Market Orders (AMO)	After Market Orders (AMO) : No	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) : No
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : No

Religare Broking vs SBICAP Securities Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Religare Broking	SBICAP Securities
Equity Trading Recommendation *	Equity Trading Recommendation : -	Equity Trading Recommendation : Yes
Equity Investment Recommendation *	Equity Investment Recommendation : -	Equity Investment Recommendation : Yes
Recommendation basis risk Profile *	Recommendation basis risk Profile : -	Recommendation basis risk Profile : Yes
Comparison *	Comparison : -	Comparison : Yes
Free Tips *	Free Tips : Yes	Free Tips : Yes
Daily Market report *	Daily Market report : Yes	Daily Market report : Yes
ETF research *	ETF research : -	ETF research : Yes
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : Yes

Religare Broking vs SBICAP Securities Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Religare Broking	SBICAP Securities
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs. 2 lakh (for commodity, the charges are Rs 1-2 lakh)	Investment required for Franchisee / AP : Rs.1,00,000 to Rs.3,00,000

Religare Broking vs SBICAP Securities Product & Services

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

	Religare Broking	SBICAP Securities
Delivery Based Trading *	Delivery Based Trading : -	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : -	Margin Trading : No
Call N Trade *	Call N Trade : -	Call N Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : -	Trading in Both the exchanges : Yes
Limit Order *	Limit Order : -	Limit Order : Yes
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : -	3-in-1 On-line Trading Account : No
NRI Services *	NRI Services : -	NRI Services : -
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : Yes
Offers Multiple Plan *	Offers Multiple Plan : -	Offers Multiple Plan : No
IPO Investment *	IPO Investment : -	IPO Investment : Yes
Portfolio Analysis *	Portfolio Analysis : -	Portfolio Analysis : Yes
Advanced Charting Features *	Advanced Charting Features : -	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : -	Brokerage Calculator : No
Margin Calculator *	Margin Calculator : -	Margin Calculator : No
Stop Loss Order *	Stop Loss Order : -	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : -	Bracket Orders & Trailing Stop Loss : Yes
Equity Future & Option Trading *	Equity Future & Option Trading : -	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : -	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : -	Market Trading : Yes
Monthly & Yearly Plan *	Monthly & Yearly Plan : -	Monthly & Yearly Plan : No
Aumtomated Trading *	Aumtomated Trading : -	Aumtomated Trading : No

Religare Broking vs SBICAP Securities Customer Services

Religare Broking and SBICAP Securities 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:

	Religare Broking	SBICAP Securities
Toll Free Number *	Toll Free Number : -	Toll Free Number : Yes
Live Chat Facility *	Live Chat Facility : -	Live Chat Facility : No
Email Facility *	Email Facility : -	Email Facility : Yes
Branch Offices *	Branch Offices : -	Branch Offices : Yes
Customer Care *	Customer Care : -	Customer Care : Yes
Community Service *	Community Service : -	Community Service : Yes
Relationship Manager *	Relationship Manager : -	Relationship Manager : -
24/7 Support *	24/7 Support : -	24/7 Support : No

Religare Broking vs SBICAP Securities Other Investement

Religare Broking and SBICAP Securities 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:

	Religare Broking	SBICAP Securities
Commodity Trading *	Commodity Trading : -	Commodity Trading : No
Investment in ETFs *	Investment in ETFs : -	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : -	Investment in Mutual Funds : Yes
Investment in Bonds *	Investment in Bonds : -	Investment in Bonds : Yes
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : -	Investment in Corporate Debt instruments : Yes
Insurance Services *	Insurance Services : -	Insurance Services : No
Banking Services *	Banking Services : -	Banking Services : No

Religare Broking vs SBICAP Securities Trading Platform

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

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