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Quick Comparision (RMoney VS Upstox)

 
 

RMoney Vs 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
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 Vs Upstox - Broker Details

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

RMoney Vs Upstox - Account Opening & AMC Charges

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

RMoney Vs Upstox - Brokerage charges & Plans

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

RMoney Vs Upstox - Other Charges

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

RMoney Vs Upstox - Transaction Charges

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

RMoney Vs Upstox - Margin (Exposure)

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

RMoney Vs Upstox - Features

RMoney Upstox
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 & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:45 PM 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
Trading Platform 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick 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
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

RMoney Vs Upstox - Review & Rating

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

RMoney Vs Upstox - Request a call back from Broker

RMoney Upstox
Call Back Open Account

RMoney Vs Upstox - Investment Options

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

RMoney Vs Upstox - Order Type

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

RMoney Vs Upstox - Research & Report

RMoney Upstox
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account

RMoney Vs Upstox - Daily Market Report

RMoney Upstox
Daily Market Reports & News
Call Back Open Account

RMoney Vs Upstox - Suitable For Investor

RMoney Upstox
Casual Investor
Active Investor
Trader
Call Back Open Account

RMoney Vs Upstox - Pros & Cons

RMoney Upstox
Pros 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 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.
Cons 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. 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.
Call Back Open Account

RMoney Vs Upstox - Background

RMoney Upstox
Call Back Open Account

RMoney Vs Upstox - Compare All Brokers

RMoney Upstox
Call Back Open Account

RMoney Vs Upstox - STT/CTT

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

RMoney Vs Upstox - Demat transaction charges

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

RMoney Vs Upstox - GST

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

RMoney Vs Upstox - SEBI Charges

RMoney Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore
Call Back Open Account

RMoney Vs Upstox - Account Opening & AMC Charges

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

RMoney Vs Upstox

RMoney Upstox
 

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 ..
+ " Vs "+ Upstox
Read more..

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.

Read more..
 
 

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 Vs Upstox - Brokerage charges & Plans

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

RMoney Vs Upstox - Margin (Exposure)

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

RMoney Vs Upstox - Other Charges

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

RMoney Vs Upstox - STT/CTT

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

RMoney Vs Upstox - Demat transaction charges

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

RMoney Vs Upstox - GST

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

RMoney Vs Upstox - SEBI Charges

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

RMoney Vs Upstox - Features

RMoney Upstox
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 & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:45 PM 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
Trading Platform 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick 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
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

RMoney

Upstox