Religare vs AxisDirect

Religare vs AxisDirect - side-by-side comparison . Compare Religare vs AxisDirect brokerage, charges, exposure margin, demat account. Read Religare vs AxisDirect review.

Detailed comparison Religare vs AxisDirect and find out which is better in Religare vs AxisDirect .

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Religare

AxisDirect

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Religare Axis Securities
Standard Plan Fixed Plan
Trading Account Opening Fee ₹500 ₹900
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹400 (Free for 1st year) ₹650
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Religare Axis Securities
Standard Plan Fixed Plan
Equity Delivery 0.50% 0.50%
Equity Intraday 0.05% 0.05%
Equity Future 0.05% 0.05%
Equity Options ₹70 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures 0.05% 0.05%
Currency Options ₹30 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Monthly Fee NA NA
Commodity 0.05% 0.03% (Each Leg)

Contact Broker

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Religare Axis Securities
Contact / Request Call Back

Transaction Charges (Per Crore)

Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

Religare Axis Securities
Standard Plan Fixed Plan
Equity Delivery ₹370 NSE ₹325 | BSE ₹300
Equity Intraday ₹370 NSE ₹325 | BSE ₹300
Equity Future * ₹400 NSE ₹190 | BSE ₹300
Equity Options * ₹6000 NSE ₹5000 | BSE ₹300
Currency Futures * ₹400 ₹190
Currency Options ₹6000 ₹5000

Other Charges

Miscellaneous charges, minimum fees and add-on service rates.

Religare Axis Securities
Standard Plan Fixed Plan
Minimum Brokerage ₹10 per executed order (max Rs 50 per day) ₹20 per executed order
Call & Trade ₹10 per executed order (max Rs 50 per day) Rs 20 per call post 20th call per month
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) ₹12 + ₹5.5 (CDSL) per scrip 0.04% (minimum Rs 25 per instruction)
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Religare Axis Securities
Standard Plan Fixed Plan
Trading Platform Odin Diet web, desktop and mobile app DirectTrade, Swift Trade
Placing orders through charts No No
Trading Alerts No Yes
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives No Yes
Unique features & Offers MF and EMI calculators Can trade in 32 exchanges through Saxo Trader
Referral Program NA Rs.500 per referal

Demat Account Charges

Find charges for the best Demat Account for small investors

Religare Axis Securities
Standard Plan Fixed Plan
Depository Service Provider CDSL and NSDL CDSL
Account Opening Fee

NIL

Nil

Advance Deposit

₹500

Nil

AMC

Client opting for digital statement: ₹300 per annum

Client opting for physical statement: ₹400 per annum

Retail Account:

Axis Bank Customer: ₹650 per year (1st year free). ₹2500 for client who has not authorised bank to debit Demat ac charges from Bank ac maintained with Axis Bank.

Non-Axis Bank Customer: ₹250 per year (1st year free)

BSDA Account:

Nil for holding value till ₹50,000

₹100 per year for holding value from ₹50,001 to ₹2,00,000

Holding value above ₹2,00,000 tariff for Retail account will be applicable.

Corporate Account:

₹400 for Axis Bank clients + CDSL AMC of ₹500

₹600 for non-Axis Bank clients+ CDSL AMC of ₹500

Dematerialisation Charges

₹2 per certificate + ₹30 Courier Charges

Retail / BSDA Account: ₹5 per certificate subject to minimum of ₹50 per request, whichever is higher. ₹50 per request as courier charges for mutual fund Units.

Corporate Account: ₹2.50 per certificate subject to a minimum of the ₹50 per request.

Rematerialisation Charges

₹20 per certificate + CDSL Charges + ₹30 Courier Charges

Retail / BSDA Account: ₹20 for every 100 securities or part thereof or ₹50 per request whichever is higher. ₹50 per instruction for mutual fund Units.

Corporate Account: ₹20 per certificate subject to minimum of ₹50 per request

Transaction Charges (Credit) - -
Transaction Charges (debit)

Delivery given to Religare Pool Account: ₹15 (Client with POA Religare), ₹25 (Client without POA Religare)

Any other Account: ₹30 per debit or 0.02% of the value of transaction whichever is higher

Retail Account: 0.04% of the value of the transaction (Min ₹25 per instruction) whichever is higher. ₹25 flat per instruction for mutual fund units.

BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher. ₹50 flat per instruction for mutual fund units.

Corporate Account: 0.04% subject to minimum of ₹23 per instruction.

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

Retail Account: 0.04% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

Corporate Account: Flat ₹50 per request.

Pledge Creation Confirmation Charges

₹50 per request or 0.02% of the value of securities whichever is higher

Nil

Pledge Invocation Charges

₹50 per request or 0.02% of the value of securities whichever is higher

Retail Account: 0.04% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

Corporate Account: Flat ₹50 per request.

Failed Instruction Charges

Nil

₹10 per Instruction

Other Charges

Demat Rejection Charges ₹30 per rejection.

Delivery Instruction Booklet ₹1 per leaflet.

Ad-hoc Statement - ₹100 per statement

Quarterly (Physical) statement

Retail Account - Nil

BSDA Account - ₹25 per statement

Account Modification Charges

Retail Account - Nil

BSDA Account - ₹100

DIS Booklet Charge

Retail Account - NIL

BSDA Account - ₹200 per booklet

Redemption of mutual fund units through DP - ₹25 per instruction

Basic Details

Basic Details of Brokers

Religare Axis Securities
Standard Plan Fixed Plan
Year of Incorporation 1986 2005
Active Exchange Memberships NSE, BSE, MCX, NCDEX NSE, BSE, MCX
Demat Services NSDL & CDSL NSDL
Website https://www.religareonline.com https://simplehai.axisdirect.in
Contact Details 011-39125000 18002100808
Total Number of Clients 1,54,300+ 389,500+
Total Number of Branches 1500+ 3000+

Charts and Data

Charts and Data

Religare Axis Securities
Standard Plan Fixed Plan
Live data source NSE, BSE, MCX NSE, BSE, MCX
Advanced Charting tools No Yes
Multi-Chart Setup Yes -
No.of indicators 30 40
No.of charts can be opened 2 -
Live Scanners Yes -
Customizable screeners No No
Trading from charts No No
Compare Symbol performance on Chart No No
Options charts Yes No
Continuous futures charts Yes No
Intraday historical data for charts 10 days 1 year
End of Day historical data for charts 5 years 15 years
Corporate action adjusted charts No No
Back Testing No No
Options Chain Yes Yes
Heat Maps Yes Yes
Analytics No Yes
Price Ladder No No

Leverage

Leverage

Religare Axis Securities
Standard Plan Fixed Plan
Equity Delivery - Nil
Equity Intraday - Upto 10x
Equity Futures - Nil
Equity Options - Nil
Currency Futures - NA
Currency Options - NA
Commodity Futures - 3x
Commodity Options - NA

Orders

Orders

Religare Axis Securities
Standard Plan Fixed Plan
Cover Orders (CO) No Yes
Bracket orders / One Cancels Other (BO / OCO) No No
After Market Orders (AMO) No Yes

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

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

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Religare Axis Securities
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