STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS

Quick Comparision (RMoney VS Elite Wealth)

 
 

RMoney Vs Elite Wealth

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.


Elite Wealth

RMoney Vs Elite Wealth - Broker Details

RMoney Elite Wealth
Single Margin Facility
Year of Incorporation 2004 1990
Exchanges NSE, BSE, MCX and NCDEX NSE, BSE, MCX and NCDEX
Branches 300+ N/A
Brokerage ₹9/Order 0.03%
Broker Type Full Service Broker Full Service Broker

RMoney Vs Elite Wealth - Account Opening & AMC Charges

RMoney Elite Wealth
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹299( From 2nd year onwards) First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Trading Account AMC ₹0 (Free) ₹0 (Free)

RMoney Vs Elite Wealth - Brokerage charges & Plans

RMoney Elite Wealth
Commodity Futures ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.03%
Currency Futures ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.03%
Equity Delivery ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.33%
Equity Options ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) ₹33 per Lot
Commodity Options ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.03%
Equity Futures ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.03%
Currency Options ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) ₹33 per Lot
Fixed Charges ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.03%
Equity Intraday ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.03%

RMoney Vs Elite Wealth - Other Charges

RMoney Elite Wealth
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 0.03%
Minimum Brokerage ₹9/Order 0.03%

RMoney Vs Elite Wealth - Transaction Charges

RMoney Elite Wealth
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: 0.00195% on Total Turnover value
Equity Intraday NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Equity Options NSE ₹7000/Cr (0.07%) | BSE ₹2750/Cr (0.0275%) NSE: 0.053% on Premium value
Commodity MCX ₹325 (0.00325%) | NCDEX ₹600/Cr(0.006%) 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 Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN
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: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%

RMoney Vs Elite Wealth - Margin (Exposure)

RMoney Elite Wealth
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal 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 Normal margin (Span + exposure))
Commodity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + Exposure))
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal 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 Normal margin (Span + exposure))
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + Exposure))

RMoney Vs Elite Wealth - Features

RMoney Elite Wealth
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 & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform
SMS Alerts for Trades
Direct Mutual Fund

RMoney Vs Elite Wealth - Review & Rating

RMoney Elite Wealth
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating

RMoney Vs Elite Wealth - Request a call back from Broker

RMoney Elite Wealth

RMoney Vs Elite Wealth - Investment Options

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

RMoney Vs Elite Wealth - Order Type

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

RMoney Vs Elite Wealth - Research & Report

RMoney Elite Wealth
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

RMoney Vs Elite Wealth - Daily Market Report

RMoney Elite Wealth
Daily Market Reports & News

RMoney Vs Elite Wealth - Suitable For Investor

RMoney Elite Wealth
Casual Investor
Active Investor
Trader

RMoney Vs Elite Wealth - Pros & Cons

RMoney Elite Wealth
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 is a full-service broker 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. Excellent Research 4. Call n Trade Facility 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Upcoming IPO updates 7. Online access to the account on all days
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. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account and does not have banking license. 3. Risk of Overtrading.

RMoney Vs Elite Wealth - Background

RMoney Elite Wealth

RMoney Vs Elite Wealth - Compare All Brokers

RMoney Elite Wealth

RMoney Vs Elite Wealth - STT/CTT

RMoney Elite Wealth
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 Sell
Equity Options 0.05% on sell side (on Premium) 0.05% on Sell (on Premium)
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 % on Sell
Commodity Options 0.05% on sell side 0.05% on Sell Side

RMoney Vs Elite Wealth - Demat transaction charges

RMoney Elite Wealth
Equity Demat Transaction Charges ₹20 + GST per scrip only on sell No Charges

RMoney Vs Elite Wealth - GST

RMoney Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (Brokerage + Transaction Charge)

RMoney Vs Elite Wealth - SEBI Charges

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

RMoney Vs Elite Wealth - Account Opening & AMC Charges

RMoney
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹299( From 2nd year onwards)
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Trading Account AMC
₹0 (Free)
₹0 (Free)
 

RMoney Vs Elite Wealth

RMoney Elite Wealth
 

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 ..
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Elite Wealth Review | Products and Trading Platforms 

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Elite Wealth

RMoney Vs Elite Wealth - Brokerage charges & Plans

RMoney Elite Wealth
Commodity Futures ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.03%
Currency Futures ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.03%
Equity Delivery ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.33%
Equity Options ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) ₹33 per Lot
Commodity Options ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.03%
Equity Futures ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.03%
Currency Options ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) ₹33 per Lot
Fixed Charges ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.03%
Equity Intraday ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.03%

RMoney Vs Elite Wealth - Margin (Exposure)

RMoney Elite Wealth
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal 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 Normal margin (Span + exposure))
Commodity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + Exposure))
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal 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 Normal margin (Span + exposure))
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + Exposure))

RMoney Vs Elite Wealth - Other Charges

RMoney Elite Wealth
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 0.03%
Minimum Brokerage ₹9/Order 0.03%

RMoney Vs Elite Wealth - STT/CTT

RMoney Elite Wealth
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 Sell
Equity Options 0.05% on sell side (on Premium) 0.05% on Sell (on Premium)
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 % on Sell
Commodity Options 0.05% on sell side 0.05% on Sell Side

RMoney Vs Elite Wealth - Demat transaction charges

RMoney Elite Wealth
Equity Demat Transaction Charges ₹20 + GST per scrip only on sell No Charges

RMoney Vs Elite Wealth - GST

RMoney Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (Brokerage + Transaction Charge)

RMoney Vs Elite Wealth - SEBI Charges

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

RMoney Vs Elite Wealth - Features

RMoney Elite Wealth
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 & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform
SMS Alerts for Trades
Direct Mutual Fund

RMoney

Elite Wealth