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Comparision (Upstox VS RMoney)

 

Upstox Vs RMoney

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.

RMoney
RMoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and it also gives overview on NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.

Upstox Vs RMoney - Broker Details

Upstox RMoney
Single Margin Facility
Year of Incorporation 2009 2004
Exchanges BSE, NSE and MCX NSE, BSE, MCX and NCDEX
Branches Zero 300+
Brokerage ₹20/ Order or 0.05% (Whichever is lower) ₹9/Order
Broker Type Discount Broker Full Service Broker

Upstox Vs RMoney - Account Opening & AMC Charges

Upstox RMoney
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹299( From 2nd year onwards)
Trading Account AMC ₹0 (Free) ₹0 (Free)

Upstox Vs RMoney - Brokerage charges & Plans

Upstox RMoney
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Currency Futures ₹20/ Order or 0.05% (whichever is lower) ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Equity Options ₹20/ Order ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Commodity Options ₹20/ Order ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Currency Options ₹20/ Order ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Fixed Charges ₹20/ Order ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)

Upstox Vs RMoney - Other Charges

Upstox RMoney
RMS Square Off Charge (₹50 + GST) ₹0 (Free)
API Charges ₹0 (Free) ₹1500/Monthly
Call & Trade Charges (₹50 + GST) ₹18/Order
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) ₹9/Order
Minimum Brokerage ₹20/ Order ₹9/Order

Upstox Vs RMoney - Transaction Charges

Upstox RMoney
Currency Options NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% NSE ₹5000/Cr (on premium) (0.05%) | BSE ₹7500/Cr (on premium) (0.075%)
Equity Futures NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% NSE ₹260/Cr | BSE ₹70/Cr (0.007%)
Equity Intraday NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group NSE ₹345/Cr | BSE ₹345/Cr (0.00345%)
Equity Options NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% NSE ₹7000/Cr (0.07%) | BSE ₹2750/Cr (0.0275%)
Commodity Non-Agri: Exchange turnover charge: 0.0026% MCX ₹325 (0.00325%) | NCDEX ₹600/Cr(0.006%)
Currency Futures NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% NSE ₹180/Cr (0.0018%) | BSE ₹160/Cr (0.0016%)
Equity Delivery NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group NSE ₹345/Cr | BSE ₹345/Cr (0.00345%)

Upstox Vs RMoney - Margin (Exposure)

Upstox RMoney
Equity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margins(SPAN + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of NRML margin (Span + Exposure)
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (no margin) 1x (100% of trade value)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)

Upstox Vs RMoney - Features

Upstox RMoney
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:45 PM
Trading Platform 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick
SMS Alerts for Trades
Direct Mutual Fund

Upstox Vs RMoney - Review & Rating

Upstox RMoney
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Upstox Vs RMoney - Request a call back from Broker

Upstox RMoney

Upstox Vs RMoney - Investment Options

Upstox RMoney
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Upstox Vs RMoney - Order Type

Upstox RMoney
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Upstox Vs RMoney - Research & Report

Upstox RMoney
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Upstox Vs RMoney - Daily Market Report

Upstox RMoney
Daily Market Reports & News

Upstox Vs RMoney - Suitable For Investor

Upstox RMoney
Casual Investor
Active Investor
Trader

Upstox Vs RMoney - Pros & Cons

Upstox RMoney
Pros 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. 1.Single platform for all your financial needs. 2. Trade at a low brokerage of Rs.9/- per executed order irrespective of the trade size across segments (Equity, F&O, and Currencies) 3.You can trade at BSE, NSE, MCX, and NCDEX 4.First year Demat AMC is free for all its account holders
Cons 1. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. 1.RMoney Demat debit transaction charges are ₹12 + gst per script. Most other discount brokers charge flat ₹8 per transaction. 2.Its not provide 3 in 1 account. 3. It charges Annual Maintenance Charge.

Upstox Vs RMoney - Background

Upstox RMoney

Upstox Vs RMoney - Compare All Brokers

Upstox RMoney

Upstox Vs RMoney - STT/CTT

Upstox RMoney
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on the sell side
Equity Options 0.05% only on sell 0.05% on sell side (on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on buy & sell
Equity Futures 0.01% only on sell 0.01% on sell side
Commodity Options 0.05% on sell trade 0.05% on sell side

Upstox Vs RMoney - Demat transaction charges

Upstox RMoney
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹20 + GST per scrip only on sell

Upstox Vs RMoney - GST

Upstox RMoney
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on (Brokerage + Transaction Charge + SEBI Fee)

Upstox Vs RMoney - SEBI Charges

Upstox RMoney
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Upstox Vs RMoney - Account Opening & AMC Charges

Upstox
RMoney
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹299( From 2nd year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account

Upstox Vs RMoney

Upstox RMoney
 

Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

Upstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.

+ " Vs "+ RMoney
Read more..

Raghunandan Money (RMoney) Review

‘Investment Khushiyon Ka’ is a tagline of Raghunandan Money (RMoney) signifies that customer’s progress and happiness is the top most priority of the company. This is a very diversified broker offers a wide range of investment options to choose. RMoney acts as a mediator between the customer and ..
Read more..
 
 

RMoney
RMoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and it also gives overview on NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.

Upstox Vs RMoney - Brokerage charges & Plans

Upstox RMoney
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Currency Futures ₹20/ Order or 0.05% (whichever is lower) ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Equity Options ₹20/ Order ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Commodity Options ₹20/ Order ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Currency Options ₹20/ Order ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Fixed Charges ₹20/ Order ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Call Back Open Account

Upstox Vs RMoney - Margin (Exposure)

Upstox RMoney
Equity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margins(SPAN + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of NRML margin (Span + Exposure)
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (no margin) 1x (100% of trade value)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account

Upstox Vs RMoney - Other Charges

Upstox RMoney
RMS Square Off Charge (₹50 + GST) ₹0 (Free)
API Charges ₹0 (Free) ₹1500/Monthly
Call & Trade Charges (₹50 + GST) ₹18/Order
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) ₹9/Order
Minimum Brokerage ₹20/ Order ₹9/Order

Upstox Vs RMoney - STT/CTT

Upstox RMoney
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on the sell side
Equity Options 0.05% only on sell 0.05% on sell side (on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on buy & sell
Equity Futures 0.01% only on sell 0.01% on sell side
Commodity Options 0.05% on sell trade 0.05% on sell side

Upstox Vs RMoney - Demat transaction charges

Upstox RMoney
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹20 + GST per scrip only on sell

Upstox Vs RMoney - GST

Upstox RMoney
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on (Brokerage + Transaction Charge + SEBI Fee)

Upstox Vs RMoney - SEBI Charges

Upstox RMoney
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Upstox Vs RMoney - Features

Upstox RMoney
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:45 PM
Trading Platform 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Upstox

RMoney