Religare Online Review

Religare Online Review : Equity, Derivative Trading, Currency Trading, Mutual Funds

Religare Online is subsidiary of Religare Enterprises Limited. It was launched as full service stockbroker in the year 1986. Religare online serves 8,00, 000 lakh clients with presence in more than 500 locations in the country.

It has a membership with BSE, NSE, MCX-SX, and USE. With these memberships the broker allows its clients to trade and invest across multiple trading products.

Since it’s a full-service broker, the clients are assigned with a dedicated account manager who takes care of the client’s investments, guides them according to their risk appetite, total capital to be invested and the overall investment horizon.

It is also a depository participant with CDSL and NSDL. Religare Online Limited also offers some unique services such as TIN & PAN facilitation at select branches and works as NSDL-appointed enrollment agency for Aadhar UID as well.

Traders can trade in the following market segments

• Equity
• Derivative Trading
• Currency Trading
• Commodity Trading
• Mutual Funds
• NCDs
• IPOs
• NRI Demat Account

Religare Online Trading Platforms

Religare Online provides a set of trading applications to its clients so that they can perform trade across different indices.

Religare Online Web

Religare Online is browser based trading platform where the clients can just log in and proceed to trade from any Desktop or Laptop without any installation required.

• Market Watch
• Customised Lists
• High Speed and real-time quotes and trending charts
• The flexibility of trading from anywhere.
• Intraday data for the last 10 days and historical data for last 5 years available.

Religare Trade On The Go

Trade on the go is a mobile app from Religare that allows its customers to trade through their mobile phones. The app is available on Android and IOS platforms.  Users can download a file on their blackberry.

• Order placement from anywhere
• Live quotes streaming customized as per internet bandwidth.
• Personalised Market Watch
• The app allows tracking of the order book, trade book, market depth, stock portfolio etc.
• Advanced charting with market trends, indices and corresponding indicators.

Religare Dynami

This is another mobile-based trading application from Religare Online. The app is available in both android and IOS versions with simple and clear user interface. Some of the features of this mobile app include:

• Allows you to trade across multiple segments such as Equity, Commodity and Currency.
• Provision to add various watchlists
• Customisation and personalization allowed along with alerts and notifications set up.
• Single swipe order placement feature.

Equity Odin Diet Application

Odin Diet application is an executable file that can be installed on desktop or laptop. The application works at high speed. Some of the useful features of the application are :

• Allows to Trade in equities, currency, commodities, mutual fund, IPOs
• Advanced portfolio tracker and live market watch.
• It has a feature called stock screener.

Religare Online Account Types

Religare securities offers its customer to choose from a wide range of financial services through its sophisticated and customized trading platform called R-ACE accounts available to investors.

R-Ace (Basic)

R-Ace (Religare Advanced Client Engine) is a basic online trading account provided by Religare. The software doesn’t required to be installed on the system. Customers can get information about their account both online as well as through phone calls.

R-Ace Lite (Advanced)

R-Ace lite is advanced trading platform which provides all the features as provided by R-Ace (Basic) Account. Moreover, it also provides real-time streaming stock quotes and alerts. This account comes with a browser based online trading platform.

R-Ace Pro (Professional)

This account is meant for high volume professional traders. In addition to the features mentioned above, it also comes with a trading terminal software which needs to be installed on your computer.

This terminal directly connects the investor to the stock market and is equipped with all industry standard trading terminal features such as technical charting.

Religare Demat Account

Religare offers a 2-in-1 account, offering trading and demat account in a single bundle. For Opening a Religare demat account the user can apply online or offline. Follow all the essential steps and gather all the essential documents. The trader has to pay Rs.500 to open a trading account, while the Religare Demat Account charges are zero and the Annual maintenance charges for demat account is Rs.500.

Religare Online Research

Religare provides research at both technical and fundamental levels to its clients depending on their preferences. Religare claims that :

• It covers more than 30 listed companies under its fundamental reports.
• It has provided more than 150 intraday calls with a success rate of 65%.
• It has more than 200 positional calls with a success rate of 61%.

Religare Online Customer Care

Religare provides the following communication channels for its customer care :

• Toll-free number
• Email
• Offline branches
• Social Media

Religare Online Account Opening Charges

Religare Online Brokerage

Religare Online Transaction Charges

Religare Online Charges the following transaction charges from its clients across multiple segments. These transaction charges along with the brokerage are part of the overall payment you make to your stockbroker:

Religare Online Margin

Religare Advantages and Disadvantages

Religare Rating

This was the Religare Review. We hope that you found this article useful. Kindly stay tuned for more updates.

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