Religare Broking vs Zerodha (Compare Religare Broking vs Zerodha)

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 Zerodha, Below comparison of Religare Broking vs Zerodha 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.

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One on One comparison of Religare Broking vs Zerodha is given below:

Religare Broking

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Zerodha

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	Religare Broking	Zerodha

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	Zerodha : Zerodha is the innovator of the discount broking model in India, Infect, it brought the concept of discount broking in India and post that >>> more
Find More Information about the Broker :	Religare Broking : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Zerodha : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Religare Broking : Full Service Broker	Zerodha : Discount Broker
Promo/offers	Religare Broking : N/A	Zerodha : Special Offer: Brokerage free equity delivery trading + Flat ₹20 Intra-day and F&O trades. Get the offer
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	Zerodha : No Brokerage on Equity delivery & Mutual Fund. Flat rate for stock trading. Own DP services. Strong Customer service . Good Brokerage & Margin Calculator. Offers up to 20x leverage on intraday trading. Offers most advanced online trading tools. Offers facility to apply on-line IPO . Zerodha offers referral program to its customers.
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	Zerodha : No margin funding. Very High charges on Call and Trade @ ₹50 per call. Charges on Funds Transfer @ ₹9 per fund transfer. Charges on SMS Tradw alerts.₹1 for Equity, F&O, and Currency trade alerts and ₹0.50 for Commodity Additional charge of ₹50 per executed order for MIS/BO/CO positions which are not square off by the customer. Doesn't provide stock tips, research reports or recommendations. Doesn't offer Unlimited Trading Plans.
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	Zerodha : Zerodha Charge flat rate of ₹20 per executed order. Zerodha does not charge any brokerage on Equity delivery transactions. Zerodha provides platform to invest in mutual funds. Innovative trading platform. No upfront fee, no minimum brokerage and no minimum contract charges. The largest stockbroker by active clients, market volume. Zero brokerage Direct Mutual Funds. Offers up to 20x leverage on intraday trading.

Religare Broking vs Zerodha Account Opening & AMC Charges

Religare Broking Trading Account Opening Fee is ₹500 and Zerodha Trading Account Opening Fee is ₹200 . Religare Broking Demat Account AMC is ₹400 from second year onward and Zerodha Demat Account AMC is ₹300 .

	Religare Broking	Zerodha
Trading Account Opening Fee	Trading Account Opening Fee : ₹500	Trading Account Opening Fee : ₹200
Demat Account Opening Fee	Demat Account Opening Fee : Nil	Demat Account Opening Fee : ₹0
Demat Account AMC	Demat Account AMC : ₹400 from second year onward	Demat Account AMC : ₹300
Trading Account AMC	Trading Account AMC : ₹0	Trading Account AMC : ₹0

Religare Broking vs Zerodha 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 . Zerodha Brokerage Charges Equity Delivery is ₹0 (Free) and Equity Intraday is ₹20 per executed order or .03% whichever is lower and Equity Options is ₹20 per executed order .

	Religare Broking	Zerodha
Plan Name	Plan Name : Standard Plan	Plan Name : Standard Plan
Equity Delivery	Equity Delivery : 0.50% to 0.10%	Equity Delivery : ₹0 (Free)
Equity Intraday	Equity Intraday : 0.050% to 0.010%	Equity Intraday : ₹20 per executed order or .03% whichever is lower
Equity Future	Equity Future : 0.05%	Equity Future : ₹20 per executed order or .03% whichever is lower
Equity Options	Equity Options : ₹70 per lot	Equity Options : ₹20 per executed order
Currency Futures	Currency Futures : 0.05%	Currency Futures : ₹20 per executed order or .03% whichever is lower
Currency Options	Currency Options : ₹30 per lot	Currency Options : ₹20 per executed order or .03% whichever is lower
Monthly Fee	Monthly Fee : -	Monthly Fee : NO
Margin Trading	Margin Trading : 0.025%	Margin Trading : NO
Commodity Futures	Commodity Futures : 0.05%	Commodity Futures : ₹20 per executed order or .03% whichever is lower
Commodity Options	Commodity Options : ₹30 per lot	Commodity Options : ₹20 per executed order or .03% whichever is lower

Religare Broking vs Zerodha Transaction Charges (Per Crore)

Religare Broking Transaction Charges (Per Crore) Equity Future is 0.004% and Equity Options is 0.06% on Premium . Zerodha Transaction Charges (Per Crore) Equity Future is NSE ₹190 per Cr (0.0019%) and Equity Options is NSE ₹5000 per Cr (0.05%) (on premium) .

	Religare Broking	Zerodha
Equity Delivery	Equity Delivery : 0.0037%	Equity Delivery : NSE ₹325 per Cr (0.00325%) \| BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday	Equity Intraday : 0.0037%	Equity Intraday : NSE ₹325 per Cr (0.00325%) \| BSE ₹300 per Cr (0.003%) (each side)
Equity Future *	Equity Future : 0.004%	Equity Future : NSE ₹190 per Cr (0.0019%)
Equity Options *	Equity Options : 0.06% on Premium	Equity Options : NSE ₹5000 per Cr (0.05%) (on premium)
Currency Futures *	Currency Futures : 0.004%	Currency Futures : NSE ₹90 per Cr (0.0009%) \| BSE ₹22 per Cr (0.00022%)
Currency Options	Currency Options : 0.06% on Premium	Currency Options : NSE ₹3500 per Cr (0.035%) \| BSE ₹100 per Cr (0.001%) (on premium)
Commodity	Commodity : 0.0035%	Commodity : Group A - ₹260 per Cr (0.0026%)

Religare Broking vs Zerodha Other Charges

Religare Broking Minimum Brokerage is 1p per share and Call & Trade is ₹10 per executed order (max ₹50 per day) . Zerodha Minimum Brokerage is 0.03% in Intraday and F&O and Call & Trade is ₹50 per executed order .

	Religare Broking	Zerodha
Minimum Brokerage	Minimum Brokerage : 1p per share	Minimum Brokerage : 0.03% in Intraday and F&O
Call & Trade	Call & Trade : ₹10 per executed order (max ₹50 per day)	Call & Trade : ₹50 per executed order
Stamp Duty *	Stamp Duty : Charges as per the state of residence	Stamp Duty : Delivery: 0.015%, Intraday: 0.03%, F&O: 0.002%
DP Charges (on sell side)	DP Charges (on sell side) : ₹12 + ₹5.5 (CDSL) per scrip	DP Charges (on sell side) : ₹13.5 per scrip
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS

Religare Broking vs Zerodha Features

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

	Religare Broking	Zerodha
Trading Platform	Trading Platform : Odin Diet web, desktop and mobile app	Trading Platform : Pi, Kite, NEST
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 : No
Detailed Education Initiatives	Detailed Education Initiatives : No	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : MF and EMI calculators	Unique features & Offers : Direct MFs, APIs
Referral Program	Referral Program : -	Referral Program : Yes
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 Zerodha Demat Account Charges

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

	Religare Broking	Zerodha
Depository Service Provider	Depository Service Provider : CDSL and NSDL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : ₹500	Account Opening Fee : ₹200
Advance Deposit	Advance Deposit : ₹500	Advance Deposit : Nil
AMC	AMC : Nil	AMC : ₹0 (Free)
Dematerialisation Charges	Dematerialisation Charges : ₹2 per certificate + ₹30 Courier Charges	Dematerialisation Charges : ₹150 per certificate (+ ₹100 Courier charges)
Rematerialisation Charges	Rematerialisation Charges : ₹20 per certificate + CDSL Charges + ₹30 Courier Charges	Rematerialisation Charges : ₹150 per certificate + CDSL charges + ₹100 Courier charges
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : 0.03% or ₹30 whichever is higher	Transaction Charges (debit) : ₹8 + ₹5.5 (CDSL 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 Charges : ₹20 + ₹12 per request (CDSL charges)
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : ₹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 : ₹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 instruction
Other Charges	Other Charges : Demat Rejection Charges ₹30 per rejection. Delivery Instruction Booklet ₹1 per leaflet.	Other Charges : Cheque Bounce- ₹350 Physical Statement - ₹50 (Courier charges) Modification in CML - ₹25 per request KRA Upload / Download - ₹50 per request Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.

Religare Broking vs Zerodha Basic Details

Religare Broking Year of Incorporation is 1994 and Total Number of Clients is 132939 and Total Number of Branches is 1500 . Zerodha Year of Incorporation is 2010 and Total Number of Clients is 3602074 and Total Number of Branches is 22 .

	Religare Broking	Zerodha
Year of Incorporation	Year of Incorporation : 1994	Year of Incorporation : 2010
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX, NCDEX	Active Exchange Memberships : NSE, BSE, MCX and NCDEX
Demat Services	Demat Services : Yes	Demat Services : No
Website	Website : https://www.religareonline.com	Website : https://zerodha.com
Contact Details	Contact Details : 011-39125000	Contact Details : 080-40402020
Total Number of Clients	Total Number of Clients : 132939	Total Number of Clients : 3602074
Total Number of Branches	Total Number of Branches : 1500	Total Number of Branches : 22
Products *	Products : -	Products : Kite Web, Kite Mobile for Android/iOS and Coin

Religare Broking vs Zerodha Charts and Data

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

	Religare Broking	Zerodha
Live data source	Live data source : NSE, BSE, MCX	Live data source : Yes
Advanced Charting tools	Advanced Charting tools : No	Advanced Charting tools : Yes
Multi-Chart Setup	Multi-Chart Setup : Yes	Multi-Chart Setup : Yes
No.of indicators	No.of indicators : 30	No.of indicators : 111
No.of charts can be opened	No.of charts can be opened : 2	No.of charts can be opened : 13
Live Scanners	Live Scanners : Yes	Live Scanners : Yes
Customizable screeners	Customizable screeners : No	Customizable screeners : Yes
Trading from charts	Trading from charts : No	Trading from charts : Yes
Compare Symbol performance on Chart	Compare Symbol performance on Chart : No	Compare Symbol performance on Chart : No
Options charts	Options charts : Yes	Options charts : Yes
Continuous futures charts	Continuous futures charts : Yes	Continuous futures charts : Yes
Intraday historical data for charts	Intraday historical data for charts : 10 days	Intraday historical data for charts : 365 days on Pi
End of Day historical data for charts	End of Day historical data for charts : 5 years	End of Day historical data for charts : 10 years on Pi
Corporate action adjusted charts	Corporate action adjusted charts : No	Corporate action adjusted charts : No
Back Testing	Back Testing : No	Back Testing : No
Options Chain	Options Chain : Yes	Options Chain : Yes
Heat Maps	Heat Maps : Yes	Heat Maps : Yes
Analytics	Analytics : No	Analytics : Yes
Price Ladder	Price Ladder : No	Price Ladder : No

Religare Broking vs Zerodha Leverage

Leverage

	Religare Broking	Zerodha
Equity Delivery	Equity Delivery : Upto 4x with 24% interest per year	Equity Delivery : 1x (no margin)
Equity Intraday	Equity Intraday : Upto 10x	Equity Intraday : Up to 20x (based on the stock)
Equity Futures	Equity Futures : Upto 3x	Equity Futures : Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options	Equity Options : Upto 3x for shorting	Equity Options : Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures	Currency Futures : Upto 2x	Currency Futures : Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options	Currency Options : 2x for shorting	Currency Options : Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures	Commodity Futures : Upto 3x	Commodity Futures : Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Commodity Options	Commodity Options : -	Commodity Options : -

Religare Broking vs Zerodha Orders

Orders

	Religare Broking	Zerodha
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

Religare Broking vs Zerodha Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Religare Broking	Zerodha
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 : -	Free Tips : No
Daily Market report *	Daily Market report : -	Daily Market report : No
ETF research *	ETF research : -	ETF research : No
Quarterly Results *	Quarterly Results : -	Quarterly Results : No

Religare Broking vs Zerodha Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Religare Broking	Zerodha
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.11,000

Religare Broking vs Zerodha Product & Services

Religare Broking and Zerodha 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	Zerodha
Delivery Based Trading *	Delivery Based Trading : -	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : -	Margin Trading : Yes
Call in Trade *	Call in Trade : -	Call in 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 : -	SMS Alerts : No
Offers Multiple Plan *	Offers Multiple Plan : -	Offers Multiple Plan : No
IPO Investment *	IPO Investment : -	IPO Investment : No
Portfolio Analysis *	Portfolio Analysis : -	Portfolio Analysis : Yes
Advanced Charting Features *	Advanced Charting Features : -	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : -	Brokerage Calculator : Yes
Margin Calculator *	Margin Calculator : -	Margin Calculator : Yes
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 Zerodha Customer Services

Religare Broking and Zerodha 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	Zerodha
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 : Yes
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

Religare Broking vs Zerodha Other Investement

Religare Broking and Zerodha 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	Zerodha
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 : 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

Religare Broking vs Zerodha Trading PlatForm

Religare Broking and Zerodha 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	Zerodha
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 : No
iPhone Mobile App *	iPhone Mobile App : -	iPhone Mobile App : Yes

Religare Broking vs Zerodha Company Information

	Religare Broking	Zerodha
Financials *	Financials : -	Financials : No
News *	News : -	News : -
Company Analysis *	Company Analysis : Yes	Company Analysis : No
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