Religare vs Networth Direct

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

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

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Religare

Networth Direct

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Religare Networth Stock Broking Ltd
Standard Plan Standard Plan
Trading Account Opening Fee ₹500 ₹149
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹400 (Free for 1st year) ₹400
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Religare Networth Stock Broking Ltd
Standard Plan Standard Plan
Equity Delivery 0.50% 0.10% to 0.30%
Equity Intraday 0.05% 0.05% to 0.03%
Equity Future 0.05% 0.05% to 0.03%
Equity Options ₹70 per lot ₹25 to ₹60 per lot
Currency Futures 0.05% 0.05% to 0.03%
Currency Options ₹30 per lot ₹25 to ₹60 per lot
Monthly Fee NA NA
Commodity 0.05% 0.05% to 0.03%

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Religare Networth Stock Broking Ltd
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Transaction Charges (Per Crore)

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

Religare Networth Stock Broking Ltd
Standard Plan Standard Plan
Equity Delivery ₹370 BSE: ₹325; NSE: ₹275
Equity Intraday ₹370 ₹325
Equity Future * ₹400 NSE: ₹190; BSE: ₹50
Equity Options * ₹6000 ₹6500
Currency Futures * ₹400 ₹115
Currency Options ₹6000 ₹4000

Other Charges

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

Religare Networth Stock Broking Ltd
Standard Plan Standard Plan
Minimum Brokerage ₹10 per executed order (max Rs 50 per day) 5 Paisa per share
Call & Trade ₹10 per executed order (max Rs 50 per day) -
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 ₹15 per scrip
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Religare Networth Stock Broking Ltd
Standard Plan Standard Plan
Trading Platform Odin Diet web, desktop and mobile app Fast trade
Placing orders through charts No Yes
Trading Alerts No Yes
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives No No
Unique features & Offers MF and EMI calculators -
Referral Program NA -

Demat Account Charges

Find charges for the best Demat Account for small investors

Religare Networth Stock Broking Ltd
Standard Plan Standard Plan
Depository Service Provider CDSL and NSDL CDSL and NSDL
Account Opening Fee

NIL

Nil
Advance Deposit

₹500

Deposit Rs. 2,500/- (Refundable)
AMC

Client opting for digital statement: ₹300 per annum

Client opting for physical statement: ₹400 per annum

Rs. 400/- p.a; BSDA: Rs. 100/- (If value of holding is between 50001 to 200000)
Dematerialisation Charges

₹2 per certificate + ₹30 Courier Charges

Rs. 5/- Per Certificate with min Rs. 40/- Per request + Rs. 45/- Courier Charges pr request
Rematerialisation Charges

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

Rs. 45/- Postage Charges + Rs. 10/- Per 100 Securities / Rs. 20/- Per Certificate whichever is higher, Maximum Rs 500000
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

Regular: Rs. 12, BSDA: Rs. 25
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

Rs. 50/- Per Instruction
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

Rs. 25/- Per Instruction
Failed Instruction Charges

Nil

Nil
Other Charges

Demat Rejection Charges ₹30 per rejection.

Delivery Instruction Booklet ₹1 per leaflet.

Freeze-De-Freeze: Rs.50/-

Basic Details

Basic Details of Brokers

Religare Networth Stock Broking Ltd
Standard Plan Standard Plan
Year of Incorporation 1986 1993
Active Exchange Memberships NSE, BSE, MCX, NCDEX NSE, BSE, MCX
Demat Services NSDL & CDSL NSDL and CDSL
Website https://www.religareonline.com https://www.mnclgroup.com/
Contact Details 011-39125000 (+91) 79-26666500
Total Number of Clients 1,54,300+ 2,47,900+
Total Number of Branches 1500+ 71

Charts and Data

Charts and Data

Religare Networth Stock Broking Ltd
Standard Plan Standard Plan
Live data source NSE, BSE, MCX NSE, BSE, MCX
Advanced Charting tools No Yes
Multi-Chart Setup Yes 5
No.of indicators 30 17+
No.of charts can be opened 2 5
Live Scanners Yes Yes
Customizable screeners No Yes
Trading from charts No Yes
Compare Symbol performance on Chart No -
Options charts Yes -
Continuous futures charts Yes -
Intraday historical data for charts 10 days Yes
End of Day historical data for charts 5 years Yes
Corporate action adjusted charts No Yes
Back Testing No No
Options Chain Yes Yes
Heat Maps Yes -
Analytics No -
Price Ladder No -

Leverage

Leverage

Religare Networth Stock Broking Ltd
Standard Plan Standard Plan
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures - -
Currency Options - -
Commodity Futures - -
Commodity Options - -

Orders

Orders

Religare Networth Stock Broking Ltd
Standard Plan Standard 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 Networth Stock Broking Ltd
Standard Plan Standard 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.75,000 to Rs.2 Lakh

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Religare Networth Stock Broking Ltd
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