INDmoney Vs RMoney
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
INDmoney Vs RMoney - Broker Details
| INDmoney | RMoney | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2019 | 2004 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | 966 | 300+ |
| Brokerage | 0.05% or up to ₹20/Per Order | ₹9/Order |
| Broker Type | Discount Broker | Full Service Broker |
INDmoney Vs RMoney - Account Opening & AMC Charges
| INDmoney | 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) |
INDmoney Vs RMoney - Brokerage charges & Plans
| INDmoney | RMoney | |
|---|---|---|
| Commodity Futures | N/A | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Commodity Options | N/A | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
INDmoney Vs RMoney - Other Charges
| INDmoney | RMoney | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹0 (Free) |
| API Charges | N/A | ₹1500/Monthly |
| Call & Trade Charges | ₹50 per position | ₹18/Order |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹9/Order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹9/Order |
INDmoney Vs RMoney - Transaction Charges
| INDmoney | RMoney | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | NSE ₹5000/Cr (on premium) (0.05%) | BSE ₹7500/Cr (on premium) (0.075%) |
| Equity Futures | NSE: 0.00195% on total turnover value | NSE ₹260/Cr | BSE ₹70/Cr (0.007%) |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) |
| Equity Options | NSE: 0.053% on premium value | NSE ₹7000/Cr (0.07%) | BSE ₹2750/Cr (0.0275%) |
| Commodity | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | MCX ₹325 (0.00325%) | NCDEX ₹600/Cr(0.006%) |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | NSE ₹180/Cr (0.0018%) | BSE ₹160/Cr (0.0016%) |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) |
INDmoney Vs RMoney - Margin (Exposure)
| INDmoney | RMoney | |
|---|---|---|
| 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 (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) |
INDmoney Vs RMoney - Features
| INDmoney | 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:45 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
INDmoney Vs RMoney - Review & Rating
| INDmoney | RMoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
INDmoney Vs RMoney - Request a call back from Broker
| INDmoney | RMoney | |
|---|---|---|
INDmoney Vs RMoney - Investment Options
| INDmoney | RMoney | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
INDmoney Vs RMoney - Order Type
| INDmoney | RMoney | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
INDmoney Vs RMoney - Research & Report
| INDmoney | RMoney | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
INDmoney Vs RMoney - Daily Market Report
| INDmoney | RMoney | |
|---|---|---|
| Daily Market Reports & News |
|
|
INDmoney Vs RMoney - Suitable For Investor
| INDmoney | RMoney | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
INDmoney Vs RMoney - Pros & Cons
| INDmoney | RMoney | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 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.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 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. |
INDmoney Vs RMoney - Background
| INDmoney | RMoney | |
|---|---|---|
INDmoney Vs RMoney - Compare All Brokers
| INDmoney | RMoney | |
|---|---|---|
INDmoney Vs RMoney - STT/CTT
| INDmoney | RMoney | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side 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 (On Premium) | 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% only on sell side | 0.05% on sell side |
INDmoney Vs RMoney - Demat transaction charges
| INDmoney | RMoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹20 + GST per scrip only on sell |
INDmoney Vs RMoney - GST
| INDmoney | RMoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
INDmoney Vs RMoney - SEBI Charges
| INDmoney | RMoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs RMoney - Account Opening & AMC Charges
INDmoney
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)
INDmoney Vs RMoney
| INDmoney | RMoney | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
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 .. |
|
|
|
|
|
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.
INDmoney Vs RMoney - Brokerage charges & Plans
| INDmoney | RMoney | |
|---|---|---|
| Commodity Futures | N/A | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Commodity Options | N/A | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
INDmoney Vs RMoney - Margin (Exposure)
| INDmoney | RMoney | |
|---|---|---|
| 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 (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) |
INDmoney Vs RMoney - Other Charges
| INDmoney | RMoney | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹0 (Free) |
| API Charges | N/A | ₹1500/Monthly |
| Call & Trade Charges | ₹50 per position | ₹18/Order |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹9/Order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹9/Order |
INDmoney Vs RMoney - STT/CTT
| INDmoney | RMoney | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side 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 (On Premium) | 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% only on sell side | 0.05% on sell side |
INDmoney Vs RMoney - Demat transaction charges
| INDmoney | RMoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹20 + GST per scrip only on sell |
INDmoney Vs RMoney - GST
| INDmoney | RMoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
INDmoney Vs RMoney - SEBI Charges
| INDmoney | RMoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs RMoney - Features
| INDmoney | 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:45 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|