Religare: Good / Bad Choice?

M

mrshaana

New Member
#1
#1
Religare:

Plan 1:
Upfront fee: Rs.2500
Delivery: 0.25%
Intraday: 0.025%

Plan 2:
Upfront fee: Rs.15000
Delivery: 0.15%
Intraday: 0.015%

Software: Free
Exposure: 8 to 20 times for Intraday, 4 times for Delivery with 7 days max
AMC: 400 from second year
Upfront fee will be returned every month in terms of the brokerage generated on last month.
Plan Validity: 1 year

Indiabulls:

Plan 1:
AOC: Rs.900 (One time)
Software: Rs.750 (One time)
Delivery: 0.20%
Intraday: 0.02%

Plan 2:
AOC: Free
Software: Free
Upfront fee: Rs.15000
Delivery: 0.20%
Intraday: 0.02%
Validity: 1 year

Exposure: 12 times for intraday, 3 times for delivery with 7 days max
Brokerages will be deducted from the upfront fee given initial till 15000. Afterwords, it will be deducted as we trade.

Sharekhan:

Plan1:
AOC: Rs.750
Software: Free
Delivery: 0.50%
Intraday: 0.10% (Only in Buying side)

Plan 2:
Upfront: Rs.6000
Initial Capital: Rs.50000 (Have to give cheque of Rs.50000, can be used for our trading)
Delivery: 0.30%
Intraday: 0.03%
Validity: 1 year

Upfront fee will be returned once we generate that much brokerage.
Exposure: 4 times for intraday

I personally feel "Religare Plan 1" is better.

Any feedback / suggestions / comments about RELIGARE?
 
bunny

bunny

Well-Known Member
#3
#3
mrshaana said:
Sharekhan:

Plan1:
AOC: Rs.750
Software: Free
Delivery: 0.50%
Intraday: 0.10% (Only in Buying side)

Plan 2:
Upfront: Rs.6000
Initial Capital: Rs.50000 (Have to give cheque of Rs.50000, can be used for our trading)
Delivery: 0.30%
Intraday: 0.03%
Validity: 1 year

Upfront fee will be returned once we generate that much brokerage.
Exposure: 4 times for intraday

I personally feel "Religare Plan 1" is better.

Any feedback / suggestions / comments about RELIGARE?
Click to expand...
Are you sure about the sharekhan plan that I have highlighted in red?

To get 3 paise intraday, you will have to pay Rs. 30 K as advanced brokerage. For 6K AMC, you will get 5 paise intraday.

 
M

mrshaana

New Member
#4
#4
bunny said:
Are you sure about the sharekhan plan that I have highlighted in red?

To get 3 paise intraday, you will have to pay Rs. 30 K as advanced brokerage. For 6K AMC, you will get 5 paise intraday.

Click to expand...
Yes...The person who contacted me agreed to offer that brokerage.....

What about my question? Religare is good / bad choice?
 
rider.royal

rider.royal

Active Member
#6
#6
I have used religare, there software ODIN is fast and don't hang , and support so far is satisfactory, but maybe because my RM is good, he takes efforts to solve problem if there is any, i have not faced anything serious so far.
 
S

srikanthko

New Member
#9
#9
mrshaana said:
Religare:

Plan 1:
Upfront fee: Rs.2500
Delivery: 0.25%
Intraday: 0.025%

Plan 2:
Upfront fee: Rs.15000
Delivery: 0.15%
Intraday: 0.015%

Software: Free
Exposure: 8 to 20 times for Intraday, 4 times for Delivery with 7 days max
AMC: 400 from second year
Upfront fee will be returned every month in terms of the brokerage generated on last month.
Plan Validity: 1 year

Indiabulls:

Plan 1:
AOC: Rs.900 (One time)
Software: Rs.750 (One time)
Delivery: 0.20%
Intraday: 0.02%

Plan 2:
AOC: Free
Software: Free
Upfront fee: Rs.15000
Delivery: 0.20%
Intraday: 0.02%
Validity: 1 year

Exposure: 12 times for intraday, 3 times for delivery with 7 days max
Brokerages will be deducted from the upfront fee given initial till 15000. Afterwords, it will be deducted as we trade.

Sharekhan:

Plan1:
AOC: Rs.750
Software: Free
Delivery: 0.50%
Intraday: 0.10% (Only in Buying side)

Plan 2:
Upfront: Rs.6000
Initial Capital: Rs.50000 (Have to give cheque of Rs.50000, can be used for our trading)
Delivery: 0.30%
Intraday: 0.03%
Validity: 1 year

Upfront fee will be returned once we generate that much brokerage.
Exposure: 4 times for intraday

I personally feel "Religare Plan 1" is better.

Any feedback / suggestions / comments about RELIGARE?
Click to expand...
Religare is good. They have two types of Accounts. RACE and RALLY. Upfront fee: Rs.2500 is for RACE. They will provide their own software. For RALLY fee is 1800/- . Delivery .2% and intraday .02% They will provide ODIN software. Both are good. Join according to your convenience. I have RALLY Account. Good speed of execution but Chart service is not good. If you want good intraday chart service go for sharekhan. Brokerage is high.
 
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