Sharekhan Vs Religare Securities is one of the top stockbroker comparisons traders look for. Here is the comparison with respect to Brokerage, Customer Service, Trading Platforms etc.
This comparison article also provides a video comparison between Sharekhan Vs Religare Securities so that you get a 360-degree view about which broker to go ahead with.
Sharekhan Vs Religare Securities Comparison
Here is a point by point comparison of Sharekhan Vs Religare Securities.
Sharekhan is one of India’s leading full-service brokers. Founded back in the year 2000 and today with its presence in more than 575 cities of India, Sharekhan ranks second in retail stockbroking in India. The stockbroker has been recently sold out to BNP Paribas for INR 2000 crore.
Religare Securities, a subsidiary of Religare Enterprises Limited is also a full-service broker with more than 8 Lakh clients from more than 500 cities of India. It allows its clients to trade across different segments such as Equity, Derivatives, commodities, currency etc
It can become very difficult to decide between two full-service brokers like Sharekhan & Religare since they offer very similar propositions. However, if you are able to see how one type of broker is different from the other on a side to side level, making a choice can be relatively simpler.
Thus, to make things easy for you, we have listed out the comparison between Religare Securities and Sharekhan to help you find which of the two suits your needs better.
The comparison is made on aspects such as:
Account Opening Charges
Exposure or Leverages
Sharekhan Vs Religare Securities Details
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
*NSE Complaints Percentage: Lower is this number, Better is the broker.
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover. For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Sharekhan Vs Religare Securities for the benefits of other readers?
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