Religare Online is also known as Religare Securities Ltd. Founded in 1986, Religare online is a member of NSE, Bse, NCDEX, and MCX. Religare offers demat account service through CDSL and NSDL.
The services offered by Religare includes trading in equity, equity derivatives, currency derivatives, commodity (through its subsidiary Religare Commodities Limited), Demat account and its related services, Mutual Funds, NCD, IPO etc.
Religare is one of India’s leading stock broking companies. So far they have more than 8 lakh customs, which make online or offline trading. Religare has started its own branch in more than 500 cities in India, which is a huge number. Religare Online review 3.5 average star rating.
|Trading Exchanges.||NSE, BSE, MXC-SX.|
|Broker Type.||Full-Service Broker.|
Religare Online Account Types.
Religare allows a customer to choose from a wide range of financial services through its sophisticated & customized trading platform called R-ACE (Religare Advanced Client Engine). Given below are 3 types of R-ACE accounts available to investors.
1) R-ACE (Basic).
2) R-ACE Lite (Advanced).
3) R-ACE Pro (Professional).
For both basic & advance accounts, trading is available online & through dedicated Call ’N’ Trade Desk over a phone.
Religare Online Trading Account Opening Charges.
Religare offers three kinds of online accounts (as stated above) with zero account opening fees.
They provide different brokerage options based on the volume & frequency of trading, as well as to suit the needs of both beginners & traders.
Religare Online Brokerage Charges.
On the basis of volume & frequency of trading, Religare provides different options for brokerages. On the broader way, they divided into three categories:
Intraday brokerage varies from 0.3% to 0.5%.
Delivery brokerage varies from 0.30% to 0.50%.
Derivatives brokerage varies from 0.3% to 0.5%.
In this payment scheme, an investor has to pay a fixed amount in advance for Monthly (Rs 500/-), Quarterly (Rs.1400), Half-yearly (Rs 2500) or Annual Subscription (Rs 4000).
This one-time payment enables the account holder to trade for Rs. 3,00,000 intraday & derivative trading & Rs. 40,000 of delivery based trading for zero brokerage.
Trump account has two payment options, Trump Plus & Trump Super plan
1. Trump Plus has annual subscription fees of Rs 2,500, Brokerage on Delivery Trades of 0.25% & Brokerage on Intraday Trades & F&O Trades of 0.025%.
2. Trump Super has annual subscription fees of Rs. 15,000, Brokerage on Delivery Trades of 0.15% & Brokerage on Intraday Trades & F&O Trades of 0.015%.
Margins or Leverage.
|Equity (Intraday).||Upto 10 Times Intraday.|
|Equity (Delivery).||Upto 3 times Delivery @ interest.|
|Equity Futures.||No extra leverage for intraday.|
|Equity Options.||No extra leverage for intraday.|
|Currency Futures.||No extra leverage for intraday.|
|Currency Options.||No extra leverage for intraday.|
|Commodity.||No extra leverage for intraday.|
Religare Online Trading Platforms.
A client can download Religare online trading software from the official website of RELIGARE from the download page.
|Trading Platform or Software.||Religare Odin Diet Software for Religare online trading.|
|Web based. (Religare online login)||Yes, https://secure.religareonline.com/Login.aspxLogin to Trade.|
|Mobile Application.||Religare Dynami.|
Note: Railgre Online has introduced its mobile application under the name “Religare Dynami”, for Android mobile users.
So far, more than 1 lakh people have downloaded it and it has received a review from the rating of 3.1 stars from 2500 comments.
There are new features in it like that Live Prices, Personalized Streaming Watchlist, Track Your Holdings, Simplified Order Placement, Alert & Notifications, Amo Orders.
Religare Online Some Useful Services.
|Online Trade Reports.||YES.|
|Online PNL Reports.||YES.|
|Intraday Chart Facility.||10 Days|
|End of Day Chart Facility.||5 Years|
|3 in 1 Account.||NO.|
|Instant Fund withdrawal.||NO.|
Enquire Religare Online Trading Account.
Religare Online Useful Details.
|Price (Broker Type).||Percentage Based.|
|Headquarters City (Head Office).||New Delhi|
|Total Branches (Presence).||1500Branches|
|Research & Tips.||Yes, Research Provided.|
|Total Experience in Broking.||31Years of experience|
|Year of Incorporation.||1984|
Client Info & NRI Account opening Regulations.
|Current Active Client Base?||More Than 7,25,000|
|NRI Account Opening Allowed Or Not.||YES, It is allowed.|
Religare Online Fund Transfers Service.
|Number of banks linked to account.||2+|
|Mode of payment (Withdraw &Deposit).||ATOM Payment gateway, Cheque.|
|Fund Payin processing time.||Instant by Payment Gateway ATOM|
|Fund Payout processed (Working Days).||1 Day.|
Note: You can transfer fund to Religare trading account by using Religare online fund transfer feature plus you can drop your check in a branch.
Turnover & Other Charges.
|Equity (Cash & Delivery) Turnover charges.||0.0037% of Turnover.|
|Equity Futures Turnover charges.||0.004% of Turnover.|
|Equity Options Turnover charges.||0.06% (on premium)|
|Currency Futures Turnover charges.||0.004%|
|Currency Options Turnover charges.||0.06% (on premium)|
|Commodities Turnover charges.||0.0035%|
|Dial & Trade charges.||Rs. 10-50 / per executed order|
|DP Transaction charge.||Rs 25-30 /per Debit Transaction|
Support & Tools Available.
|Brokerage calculator.||Not Available.|
|Margin Calculator.||Not Available.|
|Bracket orders & Trailing stoploss.||Not Available.|
|Cover order.||Not Available.|
|User guide & remote end support.||YES.|
Reports & Confirmation.
|Contract notes on Email.||Yes (Register Email ID).|
|Contract notes online.||Yes (Register Email ID).|
|Periodical statement on Email.||Yes (Register Email ID).|
|Trade confirmation on Email.||Yes (Register Email ID).|
|Trade confirmation on SMS.||Yes (Register Email ID).|
|Charting (Intraday & EOD).||YES.|
|Coding or Backtesting (Algo Trading).||Not Available.|
|Referral program (Affiliate).||Not Available.|
|Training & Education.||YES.|
|Online trading community.||Not Available.|
Customer Care Services.
|Contact Details.||Registered Office.|
Religare Online Limited,
Registered Office: D3, P3B, District Centre, Saket,
New Delhi-110017, Phone: +91-11-39125000
(8:00 am to 8:00 pm from Monday to
Friday & 9:00 am to 6:00 pm on Saturday)
For Overseas Clients/BSNL Users
Call-N-Trade – 0120-6798000
Customer care – 0120 6130300
|Complaints Or Grievances.||email@example.com|
|NSE: SEBI Regn. No: INB 230653732, INF 230653732 & INE 230653732 TM Co: 06537 Clearing Member (F&O) No. M50235 BSE: SEBI Regn. No: INB 010653732 & INF 010653732.|
|Clearing No: 3004 | MCX SX SEBI Regn. No: INB260653739, INF260653739 & INE260653732 TM Co: 1051 Clearing Member (F&O) No. 51.|
|SDL: DP ID: IN 301774 | SEBI Regn. No: IN-DP-NSDL-150-2000 | CDSL DP ID: 30200 SEBI Regn. No: IN-DP-CDSL-202-2003.|
|Religare Commodities Limited: NCDEX: Member ID – 00109.|
|FMC Reg – NCDEX/TCM/CORP/0264.|
|MCX: Member ID – 10575.|
|FMC Reg – MCX/TCM/CORP/0517.|
|NSEL: Member ID – 10180.|