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Religare Broking vs Share.Market (Compare Religare Broking and Share.Market)

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 Share.Market, Below comparison of Religare Broking vs Share.Market 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 Share.Market is given below:

Religare Broking

Share.Market

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	Religare Broking	Share.Market

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	Share.Market : "Leveraging the established PhonePe ecosystem, the platform aims to integrate trading services with PhonePe’s existing features, making it convenient for users who a >>> more
Find More Information about the Broker :	Religare Broking : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Share.Market : BROKERAGE PRODUCTS & SERVICES OVERVIEW
Type of Broker	Religare Broking : Full Service Broker	Share.Market : Discount Broker
Promo/offers	Religare Broking : N/A	Share.Market : 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	Share.Market : Users can seamlessly link their PhonePe wallet with their trading account, allowing for instant fund transfers and ease of managing financial transactions. No Account Opening Charges by Share.Market. Free Demat AMC for first Year. Having Promotional Offer of ZERO brokerage on all the products, including Futures and Options (F&O).(Till 31st Dec 2024, if you open the account by Sep 31st 2024) Completely digital onboarding Process. Users can set up customized alerts for price movements, news updates, and important market events. Notifications are delivered in real-time, helping users stay informed about relevant changes. Transparent Pricing, No hidden Charges. It offers a facility to invest in Wealth Baskets, which is basket of stocks or ETFs, based on a strategy, theme, or research. They are curated by WealthBasket curators who are SEBI-registered Investment Advisors or Research Analysts. Lowest Demat account maintenance fee, Rs 45/Quarter Low auto-square off charges for MIS positions, charges Rs 30/order while Zerodha and Groww charges Rs 50/order Competitive Pricing of Rs 20 Per Order
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	Share.Market : Share.Market doesn't offer a 3-in-1 account. No installable trading terminal, only has Mobile trading application. Does not have facility to invest in direct mutual funds Users have reported occasional lag and performance issues, particularly during peak trading hours. This can impact the trading experience, especially for those engaged in high-frequency trading. NRI trading is not available. does not offer trading in Commodity and currency segment. Stock.Market charges for Delivery Trade Does not offer monthly or Yearly unlimited Trading Plans Call & Trade Facility is not available
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	Share.Market : They are currently offering FREE demat and trading account with simple, secure, and paperless KYC and You pay ZERO brokerage on all the products, including Futures and Options (F&O).(Till 31st Dec 2024, if you open the account by Oct 31st 2024). Backed by PhonePe, Share.Market prioritizes security, implementing robust encryption protocols to safeguard user data and transactions. It offers a facility to invest in Wealth Baskets which is a basket of stocks or ETFs, based on a strategy, theme, or research. They are curated by WealthBasket curators who are SEBI-registered Investment Advisors or Research Analysts. Check out 5 factors, i.e., Momentum, Quality, Value, Low Volatility, and Sentiment for each stock to make better investing and trading decisions You can explore Stock Collections based on themes & strategies. No Charges for Funds Transfer if it is done via UPI. One-stop marketplace: Equity, ETFs, Mutual Funds, Derivatives, Buyback, OFS, IPO and WealthBaskets. Dedicated Research Backed by an in-depth research team. You can create a watchlist to monitor the performance of your favorite stocks You can access comprehensive details of new stock listings directly in the app You can Monitor live subscription levels and look forward to tracking post-IPO stock prices
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Religare Broking vs Share.Market Account Opening & AMC Charges

Religare Broking Trading Account Opening Fee is Rs 500 and Share.Market Trading Account Opening Fee is ₹0 . Religare Broking Demat Account AMC is Rs 400 from second year onward and Share.Market Demat Account AMC is Rs 180 (free for 1st year) .

	Religare Broking	Share.Market
Trading Account Opening Fee	Trading Account Opening Fee : Rs 500	Trading Account Opening Fee : ₹0
Demat Account Opening Fee	Demat Account Opening Fee : Nil	Demat Account Opening Fee : ₹0
Demat Account AMC	Demat Account AMC : Rs 400 from second year onward	Demat Account AMC : Rs 180 (free for 1st year)
Trading Account AMC	Trading Account AMC : Nil	Trading Account AMC : ₹0
	Open Account	Open Account

Religare Broking vs Share.Market 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 . Share.Market Brokerage Charges Equity Delivery is ₹20 per executed order or 0.05% whichever is lower and Equity Intraday is ₹20 per executed order or 0.05% whichever is lower and Equity Options is ₹20 per executed order or 0.05% whichever is lower .

	Religare Broking	Share.Market
Plan Name	Plan Name : Standard Plan	Plan Name : Standard Plan	Plan Name : ZERO brokerage till 31st Mar 2025
Equity Delivery	Equity Delivery : 0.50% to 0.10%	Equity Delivery : ₹20 per executed order or 0.05% whichever is lower	Equity Delivery : -
Equity Intraday	Equity Intraday : 0.050% to 0.010%	Equity Intraday : ₹20 per executed order or 0.05% whichever is lower	Equity Intraday : -
Equity Future	Equity Future : 0.05%	Equity Future : ₹20 per executed order or 0.05% whichever is lower	Equity Future : -
Equity Options	Equity Options : Rs 70 per lot	Equity Options : ₹20 per executed order or 0.05% whichever is lower	Equity Options : -
Currency Futures	Currency Futures : 0.05%	Currency Futures : ₹20 per executed order or 0.05% whichever is lower	Currency Futures : -
Currency Options	Currency Options : Rs 30 per lot	Currency Options : ₹20 per executed order or 0.05% whichever is lower	Currency Options : -
Monthly Fee	Monthly Fee : -	Monthly Fee : NIL	Monthly Fee : -
Margin Trading	Margin Trading : 0.025%	Margin Trading : Yes	Margin Trading : -
Commodity Futures	Commodity Futures : 0.05%	Commodity Futures : NA	Commodity Futures : -
Commodity Options	Commodity Options : Rs 30 per lot	Commodity Options : NA	Commodity Options : -
	Open Account	Open Account

Religare Broking vs Share.Market Exchange Transaction Charges

Religare Broking Exchange Transaction Charges Equity Future is 0.004% and Equity Options is 0.06% on Premium . Share.Market Exchange Transaction Charges Equity Future is NSE: 0.00173% | BSE: 0.0% and Equity Options is NSE: 0.03503% | BSE: 0.0325% (on premium) .

	Religare Broking	Share.Market
Equity Delivery	Equity Delivery : 0.0037%	Equity Delivery : NSE: 0.00297% \| BSE: 0.00375%
Equity Intraday	Equity Intraday : 0.0037%	Equity Intraday : NSE: 0.00297% \| BSE: 0.00375%
Equity Future *	Equity Future : 0.004%	Equity Future : NSE: 0.00173% \| BSE: 0.0%
Equity Options *	Equity Options : 0.06% on Premium	Equity Options : NSE: 0.03503% \| BSE: 0.0325% (on premium)
Currency Futures *	Currency Futures : 0.004%	Currency Futures : NSE: 0.00173% \| BSE: 0.0%
Currency Options	Currency Options : 0.06% on Premium	Currency Options : NSE: 0.03503% \| BSE: 0.0325% (on premium)
Commodity	Commodity : 0.0035%	Commodity : NA
	Open Account	Open Account

Religare Broking vs Share.Market Other Charges

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

	Religare Broking	Share.Market
Minimum Brokerage	Minimum Brokerage : 1p per share	Minimum Brokerage : -
Call & Trade	Call & Trade : Rs 10 per executed order (max Rs 50 per day)	Call & Trade : NA
Stamp Duty *	Stamp Duty : -	Stamp Duty : Delivery: 0.015%, Intraday: 0.003%,
DP Charges (on sell side)	DP Charges (on sell side) : ₹12 + ₹5.5 (CDSL) per scrip	DP Charges (on sell side) : ₹10 + ₹3.25 (CDSL Charges)
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : Auto square-off Rs 30 per order.
	Open Account	Open Account

Religare Broking vs Share.Market Features

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

	Religare Broking	Share.Market
Trading Platform	Trading Platform : Odin Diet, Web, Dynami	Trading Platform : Share.Market website and mobile app
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 : No
Detailed Education Initiatives	Detailed Education Initiatives : No	Detailed Education Initiatives : No
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : -
Referral Program	Referral Program : -	Referral Program : No
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : -
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : -
	Open Account	Open Account

Religare Broking vs Share.Market Demat Account Charges

A comparative table of various demat account charges between Religare Broking and Share.Market is below:

	Religare Broking	Share.Market
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : NIL	Account Opening Fee : ₹0
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 : ₹0 (for the 1st Year) and after ₹180 per year
Dematerialisation Charges	Dematerialisation Charges : Rs 2 per certificate + Rs 30 Courier Charges	Dematerialisation Charges : ₹150 per certificate
Rematerialisation Charges	Rematerialisation Charges : Rs 20 per certificate + CDSL Charges + Rs 30 Courier Charges	Rematerialisation Charges : ₹150 for every hundred securities + depository chg
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : ₹0
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) : Rs 13.25 per instruction per ISIN (Including CDSL)
Pledge Creation Charges	Pledge Creation Charges : Rs 50 per request or 0.02% of the value of securities whichever is higher	Pledge Creation Charges : ₹20 per instruct
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 : ₹0
Pledge Invocation Charges	Pledge Invocation Charges : Rs 50 per request or 0.02% of the value of securities whichever is higher	Pledge Invocation Charges : ₹20
Failed Instruction Charges	Failed Instruction Charges : Nil	Failed Instruction Charges : ₹50 per ISIN
Other Charges	Other Charges : Demat Rejection Charges Rs 30 per rejection. Delivery Instruction Booklet Rs 1 per leaflet.	Other Charges : -
	Open Account	Open Account

Religare Broking vs Share.Market Basic Details

Religare Broking Year of Incorporation is 1994 and Total Number of Clients is 143944 and Total Number of Branches is 1500 . Share.Market Year of Incorporation is 2023 and Total Number of Clients is 245411 and Total Number of Branches is NIL .

	Religare Broking	Share.Market
Year of Incorporation	Year of Incorporation : 1994	Year of Incorporation : 2023
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX, NCDEX	Active Exchange Memberships : NSE, BSE
Demat Services	Demat Services : Yes	Demat Services : CDSL
Website	Website : https://www.religareonline.com	Website : https://share.market/
Contact Details	Contact Details : 011-39125000	Contact Details : 080-68727687
Total Number of Clients	Total Number of Clients : 143,944	Total Number of Clients : 245,411
Total Number of Branches	Total Number of Branches : 1500	Total Number of Branches : NIL
Products *	Products : -	Products : Stocks, F&O, ETFs, MFs, Wealth Basket, IPOs
	Open Account	Open Account

Religare Broking vs Share.Market Orders

Orders

	Religare Broking	Share.Market
Cover Orders (CO)	Cover Orders (CO) : No	Cover Orders (CO) : -
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : No	Bracket orders / One Cancels Other (BO / OCO) : -
After Market Orders (AMO)	After Market Orders (AMO) : No	After Market Orders (AMO) : -
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
	Open Account	Open Account

Religare Broking vs Share.Market Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Religare Broking	Share.Market
Equity Trading Recommendation *	Equity Trading Recommendation : -	Equity Trading Recommendation : No
Equity Investment Recommendation *	Equity Investment Recommendation : -	Equity Investment Recommendation : No
Recommendation basis risk Profile *	Recommendation basis risk Profile : -	Recommendation basis risk Profile : No
Comparison *	Comparison : -	Comparison : No
Free Tips *	Free Tips : Yes	Free Tips : No
Daily Market report *	Daily Market report : Yes	Daily Market report : No
ETF research *	ETF research : -	ETF research : No
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : No
	Open Account	Open Account

Religare Broking vs Share.Market Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Religare Broking	Share.Market
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : NA
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 : NA
	Open Account	Open Account

Religare Broking vs Share.Market Product & Services

Religare Broking and Share.Market 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	Share.Market
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 : NA
Trading in Both the exchanges *	Trading in Both the exchanges : -	Trading in Both the exchanges : Yes
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 : No
NRI Services *	NRI Services : -	NRI Services : No
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 : No
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 : No
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 Share.Market Customer Services

Religare Broking and Share.Market 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	Share.Market
Toll Free Number *	Toll Free Number : -	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : -	Live Chat Facility : No
Email Facility *	Email Facility : -	Email Facility : Yes
Branch Offices *	Branch Offices : -	Branch Offices : No
Customer Care *	Customer Care : -	Customer Care : Yes
Community Service *	Community Service : -	Community Service : Yes
Relationship Manager *	Relationship Manager : -	Relationship Manager : No
24/7 Support *	24/7 Support : -	24/7 Support : No
	Open Account	Open Account

Religare Broking vs Share.Market Other Investement

Religare Broking and Share.Market 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	Share.Market
Commodity Trading *	Commodity Trading : -	Commodity Trading : NA
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 : No
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 Share.Market Trading Platform

Religare Broking and Share.Market 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	Share.Market
Web Platform *	Web Platform : -	Web Platform : Yes
Android Mobile App *	Android Mobile App : -	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : -	Desktop Windows : No
Desktop Mac *	Desktop Mac : -	Desktop Mac : No
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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	Open Account	Open Account