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Religare Broking vs Sharekhan (Compare Religare Broking and Sharekhan)

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 Sharekhan, Below comparison of Religare Broking vs Sharekhan 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 Sharekhan is given below:

Religare Broking

Sharekhan

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	Religare Broking	Sharekhan

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	Sharekhan : "Sharekhan is one of the pioneers of online trading in India. It offers a broad range of financial products and services including securities brokerage, mutual fund di >>> more
Find More Information about the Broker :	Religare Broking : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Sharekhan : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Religare Broking : Full Service Broker	Sharekhan : Full Service Broker
Promo/offers	Religare Broking : N/A	Sharekhan : 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	Sharekhan : Free call and trade facility. Huge Branch & Partner network User-friendly website and easy to use trading platform Registered with both the exchanges - BSE and NSE. Provides you with the opportunity of commodity trading. The fixed deposit can be used as collateral for future and option trading. Sharekhan doesn't charge for DP transactions. Sharekhan offers online and classroom training, seminars and workshops to investors. No charges for Online funds transfer . Provides services of dedicated Relationship Managers.
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	Sharekhan : Offer only 2-in-1 account. Shraekhan charges comparatively high brokerage. Minimum brokerage of 10 paisa is being charged per stock basis. Trading after market hours is not allowed. Classic account holders cannot trade commodities.
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	Sharekhan : Pan India Presence over 170 branches & 2300+ Franchise partners. DP transaction facility is available without any cost. Sharekhan allows fixed deposit as collateral for Future & Options. At Sherkhan you can Trade through call & trade service. Provide you scope to widen your portfolio by investing in Equities, IPO, Mutual Funds, ETFs, Commodities, F&O
		Open Account

Religare Broking vs Sharekhan Account Opening & AMC Charges

Religare Broking Trading Account Opening Fee is Rs 500 and Sharekhan Trading Account Opening Fee is Rs 0 (Free) . Religare Broking Demat Account AMC is Rs 400 from second year onward and Sharekhan Demat Account AMC is Rs 400 (Free for 1st year) .

	Religare Broking	Sharekhan
Trading Account Opening Fee	Trading Account Opening Fee : Rs 500	Trading Account Opening Fee : Rs 0 (Free)
Demat Account Opening Fee	Demat Account Opening Fee : Nil	Demat Account Opening Fee : Rs 0 (Free)
Demat Account AMC	Demat Account AMC : Rs 400 from second year onward	Demat Account AMC : Rs 400 (Free for 1st year)
Trading Account AMC	Trading Account AMC : Nil	Trading Account AMC : Rs 0 (Free)
	Open Account	Open Account

Religare Broking vs Sharekhan 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 . Sharekhan Brokerage Charges Equity Delivery is 0.30% on market rate or minimum 1 paisa per share and Equity Intraday is 0.02% on market rate or minimum 1 paisa per share and Equity Options is Rs 20 per lot .

	Religare Broking	Sharekhan
Plan Name	Plan Name : Standard Plan	Plan Name : Classic Account	Plan Name : Sharekhan Prepaid
Equity Delivery	Equity Delivery : 0.50% to 0.10%	Equity Delivery : 0.30% on market rate or minimum 1 paisa per share	Equity Delivery : 0.10%
Equity Intraday	Equity Intraday : 0.050% to 0.010%	Equity Intraday : 0.02% on market rate or minimum 1 paisa per share	Equity Intraday : 0.015%
Equity Future	Equity Future : 0.05%	Equity Future : 0.02% per transaction value	Equity Future : 0.015%
Equity Options	Equity Options : Rs 70 per lot	Equity Options : Rs 20 per lot	Equity Options : 0.05% or Rs 63 per lot
Currency Futures	Currency Futures : 0.05%	Currency Futures : 0.02% per transaction value	Currency Futures : -
Currency Options	Currency Options : Rs 30 per lot	Currency Options : Rs 5 per lot	Currency Options : -
Monthly Fee	Monthly Fee : -	Monthly Fee : -	Monthly Fee : Rs 1,00,000 per year
Margin Trading	Margin Trading : 0.025%	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : 0.05%	Commodity Futures : 0.02%	Commodity Futures : -
Commodity Options	Commodity Options : Rs 30 per lot	Commodity Options : Rs 20 per lot	Commodity Options : -
	Open Account	Open Account

Religare Broking vs Sharekhan Exchange Transaction Charges

Religare Broking Exchange Transaction Charges Equity Future is 0.004% and Equity Options is 0.06% on Premium . Sharekhan Exchange Transaction Charges Equity Future is NSE Rs 200 per Cr (0.002%) | BSE Rs 0 and Equity Options is NSE Rs 5050 per Cr (0.0505%) (on premium) .

	Religare Broking	Sharekhan
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 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : 0.004%	Equity Future : NSE Rs 200 per Cr (0.002%) \| BSE Rs 0
Equity Options *	Equity Options : 0.06% on Premium	Equity Options : NSE Rs 5050 per Cr (0.0505%) (on premium)
Currency Futures *	Currency Futures : 0.004%	Currency Futures : NSE Rs 95 per Cr (0.00095%)
Currency Options	Currency Options : 0.06% on Premium	Currency Options : NSE Rs 3700 per Cr (0.037%) (on premium)
Commodity	Commodity : 0.0035%	Commodity : Futures: 0.0026% (MCX) \| Black Pepper: Rs. 0.05 Castor Seed: Rs 0.5 Kapas: Rs 0.5, Options: 0.05%
	Open Account	Open Account

Religare Broking vs Sharekhan Other Charges

Religare Broking Minimum Brokerage is 1p per share and Call & Trade is Rs 10 per executed order (max Rs 50 per day) . Sharekhan Minimum Brokerage is Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share and Call & Trade is Rs 20 .

	Religare Broking	Sharekhan
Minimum Brokerage	Minimum Brokerage : 1p per share	Minimum Brokerage : Intraday: 5 paisa per share \| Delivery: 10 paisa per share \| Future Rs 0.001 per share
Call & Trade	Call & Trade : Rs 10 per executed order (max Rs 50 per day)	Call & Trade : Rs 20
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) : Rs 0
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : -
	Open Account	Open Account

Religare Broking vs Sharekhan Features

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

	Religare Broking	Sharekhan
Trading Platform	Trading Platform : Odin Diet, Web, Dynami	Trading Platform : TradeTiger, Sharekhan Mobile
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : Yes
Trading Alerts	Trading Alerts : No	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : -	Research and Advice / Trading Tips : Yes
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
	Open Account	Open Account

Religare Broking vs Sharekhan Demat Account Charges

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

	Religare Broking	Sharekhan
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : NIL	Account Opening Fee : Actual Stamp Paper Charges
Advance Deposit	Advance Deposit : Rs 500	Advance Deposit : Rs. 500 Advance which will be adjusted against billing (Optional) Tariff D - Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)
AMC	AMC : Client opting for digital statement: Rs 300 per annum Client opting for physical statement: Rs 400 per annum	AMC : Scheme A: Rs 400, Scheme B: Rs 500, Scheme C: Rs 350, Scheme D: Nil, Scheme E: Rs 100, Scheme F: Rs 500, Scheme H: Rs 1000, Scheme G: Nil(holding Value <= Rs 50000) or 100(holding Value from Rs 50001 to Rs 200000)or 400(holding Value >Rs 200000) Scheme A, C, E & H: Free for the 1st Year.
Dematerialisation Charges	Dematerialisation Charges : Rs 2 per certificate + Rs 30 Courier Charges	Dematerialisation Charges : Rs 5 per share certificate (minimum â‚¹ 50 per request)
Rematerialisation Charges	Rematerialisation Charges : Rs 20 per certificate + CDSL Charges + Rs 30 Courier Charges	Rematerialisation Charges : Rs 50 per certificate or Rs 50 for every hundred securities
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) : Scheme A & B: Sales through Sharekhan: Rs 0 Else 0.03% of value of tran(min Rs 30), Scheme C & D: Sales through Sharekhan Rs 6 Per tran Else 0.03% of value of tran(min Rs 30), Scheme E & H: Sales through Sharekhan 0.03% of value of tran (E:min Rs 29,H:min Rs 30) Else 0.03% of value of tran(min Rs 49), Scheme F: 0.03% of value of tran(min Rs 30), Scheme G: 0.03% of value of tran(min Rs 49)
Pledge Creation Charges	Pledge Creation Charges : Rs 50 per request or 0.02% of the value of securities whichever is higher	Pledge Creation Charges : 0.03 % of the value of the Transaction (Min Rs 100 per transaction)
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 : Nil
Pledge Invocation Charges	Pledge Invocation Charges : Rs 50 per request or 0.02% of the value of securities whichever is higher	Pledge Invocation Charges : Nil
Failed Instruction Charges	Failed Instruction Charges : Nil	Failed Instruction Charges : Nil
Other Charges	Other Charges : Demat Rejection Charges Rs 30 per rejection. Delivery Instruction Booklet Rs 1 per leaflet.	Other Charges : Freeze /De-freeze - Rs 25 per request Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum Rs 100) Client Master changes Rs 30 per request for Tariff G
	Open Account	Open Account

Religare Broking vs Sharekhan Basic Details

Religare Broking Year of Incorporation is 1994 and Total Number of Clients is 143944 and Total Number of Branches is 1500 . Sharekhan Year of Incorporation is 2000 and Total Number of Clients is 665129 and Total Number of Branches is 2800 .

	Religare Broking	Sharekhan
Year of Incorporation	Year of Incorporation : 1994	Year of Incorporation : 2000
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX, NCDEX	Active Exchange Memberships : NSE, BSE, MCX, NCDEX
Demat Services	Demat Services : Yes	Demat Services : Yes
Website	Website : https://www.religareonline.com	Website : http://www.sharekhan.com
Contact Details	Contact Details : 011-39125000	Contact Details : 022-61150000
Total Number of Clients	Total Number of Clients : 143,944	Total Number of Clients : 665,129
Total Number of Branches	Total Number of Branches : 1500	Total Number of Branches : 2800
Products *	Products : -	Products : Investment banking, institutional broking
	Open Account	Open Account

Religare Broking vs Sharekhan Orders

Orders

	Religare Broking	Sharekhan
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) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : No	After Market Orders (AMO) : Yes
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) : Yes
	Open Account	Open Account

Religare Broking vs Sharekhan Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Religare Broking	Sharekhan
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
	Open Account	Open Account

Religare Broking vs Sharekhan Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Religare Broking	Sharekhan
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.50,000
	Open Account	Open Account

Religare Broking vs Sharekhan Product & Services

Religare Broking and Sharekhan 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	Sharekhan
Delivery Based Trading *	Delivery Based Trading : -	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : -	Margin Trading : Yes
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 : Yes
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : Yes
Offers Multiple Plan *	Offers Multiple Plan : -	Offers Multiple Plan : Yes
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
	Open Account	Open Account

Religare Broking vs Sharekhan Customer Services

Religare Broking and Sharekhan 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	Sharekhan
Toll Free Number *	Toll Free Number : -	Toll Free Number : Yes
Live Chat Facility *	Live Chat Facility : -	Live Chat Facility : Yes
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 : Yes
24/7 Support *	24/7 Support : -	24/7 Support : No
	Open Account	Open Account

Religare Broking vs Sharekhan Other Investement

Religare Broking and Sharekhan 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	Sharekhan
Commodity Trading *	Commodity Trading : -	Commodity Trading : Yes
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 : No
Insurance Services *	Insurance Services : -	Insurance Services : No
Banking Services *	Banking Services : -	Banking Services : No
	Open Account	Open Account

Religare Broking vs Sharekhan Trading Platform

Religare Broking and Sharekhan 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	Sharekhan
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 : No
I-Pad App *	I-Pad App : -	I-Pad App : Yes
Virtual Trading *	Virtual Trading : -	Virtual Trading : Yes
iPhone Mobile App *	iPhone Mobile App : -	iPhone Mobile App : Yes
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	Open Account	Open Account