Religare vs ShareKhan – Point by Point Comparison

These are the well-established companies which offer a chance for new comers to stand tall in the unpredictable share market. Religare and ShareKhan provide much time so that new and weak clients can understand and have an idea about everything. This company charges a small percentage of your investment as well as profit. Both the companies provide full service brokers for the new stock holders so that they do not collapse. Registration fees for both the companies are 500 INR and 700 INR respectively. Only ShareKhan charges annual maintenance cost of 450 INR. No cost of opening a Demat account is charged by the companies. Demat annual maintenance cost is 300 INR for Religare and 400 INR for ShareKhan. After registering, two main charges are imposed on the client. One is broker charge and the other one transaction charge. Broker charges mean that all the facilities the company is providing you are returned by you back to the company through this charge. And transactional charges are those which are charged on your transaction for buying and selling stocks. Without the help of a good company, it is very difficult to stand up in the share market. So, if you want to move ahead, then be a part of either of the companies.

    Religare ShareKhan
Basic Information Type of Broker Full Service Broker Full Service Broker
Fees for Opening Trading Account Rs. 500 Rs. 750
Annual Maintenance Charges of Trading Account Nil Rs. 450
Fees for Opening Demat Account Nil Nil
Annual Maintenance Charges of Demat Account Rs. 300 Rs. 400
Brokerage Charges Equity Delivery Charges 0.50% 0.50%
Equity Intraday Charges 0.05% 0.10%
Equity Future Charges 0.05% 0.10%
Equity Options Charges Rs. 70 per lot Rs. 100 per lot or 2.5% on premium, whichever is higher
Currency Futures Charges 0.05% 0.10%
Currency Options Charges Rs. 30 per lot Rs. 100 per lot or 2.5% on premium, whichever is higher
Commodity Charges 0.05% 0.10%
Minimum Brokerage Charges Re. 0.01 per share Rs. 0.10 per share
Transaction Charges Equity Delivery 0.00% 0.1% from both sides
Equity Intraday 0.00% 0.03%
Equity Futures 0.00% 0.17% from selling side
Equity Options 0.06% on Premium 0.017% on premium from selling side
Currency Futures 0.00% 0.17% from selling side
Currency Options 0.06% on Premium 0.017% on premium from selling side
Commodity 0.00% 0.00%
Features 3-in-1 Account N N
Mobile Trading Y Y
Acceptance of Orders After Trading Hours Y Y
SMS Alerts Y Y
Online Demo Y Y
Online Portfolio Y Y
Trading Platform Odin Diet Trade Tiger
Investment Services Stock/ Equity Y Y
Commodity Y Y
Currency Y Y
IPO (Initial Public Offers) Y Y
Mutual Funds Y Y
Debt Y Y
Bond/ NCD Y Y
Customer Support 24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat N Y
Branch Support Y Y
Reports Daily  Market Report Y Y
Quarterly Analysis of Results Y Y

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