RMoney Vs mStock
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.
mStock
mStock Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
RMoney Vs mStock - Broker Details
| RMoney | mStock | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2004 | 2022 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE and MCX |
| Branches | 300+ | N/A |
| Brokerage | ₹9/Order | ₹0 |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
RMoney Vs mStock - Account Opening & AMC Charges
| RMoney | mStock | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹149 or ₹999 |
| Demat Account Opening Charge | ₹0 (Free) | ₹149 or ₹999 |
| Demat Account AMC | ₹299( From 2nd year onwards) | ₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC) |
| Trading Account AMC | ₹0 (Free) | ₹149 or ₹999 + ₹999 (One time AMC) |
| Call Back Open Account |
RMoney Vs mStock - Brokerage charges & Plans
| RMoney | mStock | |
|---|---|---|
| Commodity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹0 |
| Currency Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹0 |
| Equity Delivery | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹0 |
| Equity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹0 |
| Commodity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹0 |
| Equity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹0 |
| Currency Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹0 |
| Fixed Charges | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹0 |
| Equity Intraday | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹0 |
| Call Back Open Account |
RMoney Vs mStock - Other Charges
| RMoney | mStock | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹1500/Monthly | ₹0 (Free) |
| Call & Trade Charges | ₹18/Order | ₹0 (Free) |
| Other Brokerage Charges | ₹9/Order | ₹0 (Free) |
| Minimum Brokerage | ₹9/Order | ₹0 (Free) |
| Call Back Open Account |
RMoney Vs mStock - Transaction Charges
| RMoney | mStock | |
|---|---|---|
| Currency Options | NSE ₹5000/Cr (on premium) (0.05%) | BSE ₹7500/Cr (on premium) (0.075%) | NSE: Exchange txn charge: 0.035% |
| Equity Futures | NSE ₹260/Cr | BSE ₹70/Cr (0.007%) | NSE: 0.0019% |
| Equity Intraday | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) | BSE: 0.00375% | NSE: 0.00325% |
| Equity Options | NSE ₹7000/Cr (0.07%) | BSE ₹2750/Cr (0.0275%) | NSE: 0.050% |
| Commodity | MCX ₹325 (0.00325%) | NCDEX ₹600/Cr(0.006%) | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) |
| Currency Futures | NSE ₹180/Cr (0.0018%) | BSE ₹160/Cr (0.0016%) | NSE: Exchange txn charge: 0.0009% |
| Equity Delivery | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) | BSE: 0.00375% | NSE: 0.00325% |
| Call Back Open Account |
RMoney Vs mStock - Margin (Exposure)
| RMoney | mStock | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 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 margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 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 (100% of trade value) | 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 |
RMoney Vs mStock - Features
| RMoney | mStock | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:45 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick | 1. Mstock Mobile App, 2. Mstock Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
RMoney Vs mStock - Review & Rating
| RMoney | mStock | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
RMoney Vs mStock - Request a call back from Broker
| RMoney | mStock | |
|---|---|---|
| Call Back Open Account |
RMoney Vs mStock - Investment Options
| RMoney | mStock | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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| Call Back Open Account |
RMoney Vs mStock - Order Type
| RMoney | mStock | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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| Call Back Open Account |
RMoney Vs mStock - Research & Report
| RMoney | mStock | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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| Call Back Open Account |
RMoney Vs mStock - Daily Market Report
| RMoney | mStock | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
RMoney Vs mStock - Suitable For Investor
| RMoney | mStock | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
RMoney Vs mStock - Pros & Cons
| RMoney | mStock | |
|---|---|---|
| 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.It charges 0 brokerage. 2.Real-time market data and analysis tools. 3.It provides education facility to its customers. 4.It avails its customers with refer and earn program. 5.The customers can apply for an IPO directly from the mstock Account. 6. Market and historical data available. |
| 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.Non availability of 3-in-1 account 2.Limited trading tools and advanced features. 3.Compared to other discount brokers exchange transaction charges are also very high. 4.Higher minimum deposit requirements. 5.The call and trade are present at an additional fee. |
| Call Back Open Account |
RMoney Vs mStock - Background
| RMoney | mStock | |
|---|---|---|
| Call Back Open Account |
RMoney Vs mStock - Compare All Brokers
| RMoney | mStock | |
|---|---|---|
| Call Back Open Account |
RMoney Vs mStock - STT/CTT
| RMoney | mStock | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on the sell side |
| Equity Options | 0.05% on sell side (on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on sell side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
RMoney Vs mStock - Demat transaction charges
| RMoney | mStock | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹12 + Gst per scrip only on sell |
| Call Back Open Account |
RMoney Vs mStock - GST
| RMoney | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account |
RMoney Vs mStock - SEBI Charges
| RMoney | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10 / crore |
| Call Back Open Account |
RMoney Vs mStock - Account Opening & AMC Charges
RMoney
mStock
Trading Account Opening Charge
₹0 (Free)
₹149 or ₹999
Demat Account Opening Charge
₹0 (Free)
₹149 or ₹999
Demat Account AMC
₹299( From 2nd year onwards)
₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC)
Trading Account AMC
₹0 (Free)
₹149 or ₹999 + ₹999 (One time AMC)
RMoney Vs mStock
| RMoney | mStock | |
|---|---|---|
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 "+ mStock |
mStock Review 2024mStock .. |
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mStock
mStock Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
RMoney Vs mStock - Brokerage charges & Plans
| RMoney | mStock | |
|---|---|---|
| Commodity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹0 |
| Currency Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹0 |
| Equity Delivery | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹0 |
| Equity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹0 |
| Commodity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹0 |
| Equity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹0 |
| Currency Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹0 |
| Fixed Charges | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹0 |
| Equity Intraday | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹0 |
| Call Back Open Account |
RMoney Vs mStock - Margin (Exposure)
| RMoney | mStock | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 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 margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 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 (100% of trade value) | 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 |
RMoney Vs mStock - Other Charges
| RMoney | mStock | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹1500/Monthly | ₹0 (Free) |
| Call & Trade Charges | ₹18/Order | ₹0 (Free) |
| Other Brokerage Charges | ₹9/Order | ₹0 (Free) |
| Minimum Brokerage | ₹9/Order | ₹0 (Free) |
RMoney Vs mStock - STT/CTT
| RMoney | mStock | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on the sell side |
| Equity Options | 0.05% on sell side (on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on sell side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
RMoney Vs mStock - Demat transaction charges
| RMoney | mStock | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹12 + Gst per scrip only on sell |
RMoney Vs mStock - GST
| RMoney | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (brokerage + transaction charges + SEBI charges) |
RMoney Vs mStock - SEBI Charges
| RMoney | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10 / crore |
RMoney Vs mStock - Features
| RMoney | mStock | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
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| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:45 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick | 1. Mstock Mobile App, 2. Mstock Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |