Religare Vs MyValueTrade - Broker Comparison

Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)

Religare MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Trading Account Opening Fee ₹500 ₹555 ₹555
Trading Account AMC ₹0 ₹0 ₹0
Demat Account Opening Fee ₹0 ₹0 ₹0
Demat Account AMC * ₹300 ₹400 ₹400

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Religare MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Monthly Fee NA NA ₹1000 (unlimited trading)
Equity Delivery 0.50% ₹10 ₹0
Equity Intraday 0.05% ₹10 ₹0
Equity Future 0.05% ₹10 ₹0
Equity Options ₹70 per lot ₹10 ₹0
Currency Futures 0.05% ₹10 ₹0
Currency Options ₹30 per lot ₹10 ₹0
Commodity 0.05% ₹10 ₹0

Transaction Charges (Per Crore)

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

Religare MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Equity Delivery ₹370 NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325
Equity Intraday ₹370 NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325
Equity Future * ₹400 NSE ₹300 | BSE ₹150 NSE ₹300 | BSE ₹150
Equity Options * ₹6000 NSE ₹6000 | BSE ₹3500 NSE ₹6000 | BSE ₹3500
Currency Futures * ₹400 NSE ₹120 | BSE ₹100 NSE ₹120 | BSE ₹100
Currency Options ₹6000 NSE ₹4200 | BSE ₹1000 NSE ₹4200 | BSE ₹1000

Other Charges

Compare miscellaneous charges, minimum fees and add-on service rates.

Religare MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Minimum Brokerage 1 paisa per share ₹10 or .01% whichever is lower ₹10 or .01% whichever is lower
Call & Trade - ₹20 per executed order ₹20 per executed order
DP Charges (on sell side) ₹12 + ₹5.5 (CDSL) per scrip ₹15 per scrip ₹15 per scrip
Other Miscellaneous Charges - - -

Demat Account Charges

Find charges for the best Demat Account for small investors

Religare MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Depository Service Provider CDSL - -
Account Opening Fee

NIL

 - -
Advance Deposite

₹500

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AMC

Client opting for digital statement: ₹300 per annum

Client opting for physical statement: ₹400 per annum

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Dematerialisation Charges

₹2 per certificate + ₹30 Courier Charges

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Rematerialisation Charges

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

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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

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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

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Pledge Creation Confirmation Charges

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

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Pledge Invocation Charges

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

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Failed Instruction Charges

Nil

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Other Charges

Demat Rejection Charges ₹30 per rejection.

Delivery Instruction Booklet ₹1 per leaflet.

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Features

Compare key features offered the brokers.

Religare MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Trading Platform Odin Diet OMNESYS NEST OMNESYS NEST

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