RMoney Vs Groww
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.
Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
RMoney Vs Groww - Broker Details
RMoney | Groww | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 2004 | 2016 |
Exchanges | NSE, BSE, MCX and NCDEX | NSE and BSE. |
Branches | 300+ | Zero |
Brokerage | ₹9/Order | ₹20/ Order |
Broker Type | Full Service Broker | Discount Broker |
Call Back Open Account |
RMoney Vs Groww - Account Opening & AMC Charges
RMoney | Groww | |
---|---|---|
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 Groww - Brokerage charges & Plans
RMoney | Groww | |
---|---|---|
Commodity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | N/A |
Currency Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | N/A |
Equity Delivery | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order or 0.05% (whichever is lower) |
Equity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order or 0.05% (whichever is lower) |
Commodity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | N/A |
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) | N/A |
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 Groww - Other Charges
RMoney | Groww | |
---|---|---|
RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
API Charges | ₹1500/Monthly | ₹0 (Free) |
Call & Trade Charges | ₹18/Order | N/A |
Other Brokerage Charges | ₹9/Order | ₹20/ Order or 0.05% |
Minimum Brokerage | ₹9/Order | ₹20/ Order |
Call Back Open Account |
RMoney Vs Groww - Transaction Charges
RMoney | Groww | |
---|---|---|
Currency Options | NSE ₹5000/Cr (on premium) (0.05%) | BSE ₹7500/Cr (on premium) (0.075%) | N/A |
Equity Futures | NSE ₹260/Cr | BSE ₹70/Cr (0.007%) | NSE:- 0.002% |
Equity Intraday | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) | NSE:- 0.00345% | BSE:- 0.00345% |
Equity Options | NSE ₹7000/Cr (0.07%) | BSE ₹2750/Cr (0.0275%) | NSE:- 0.053% on premium |
Commodity | MCX ₹325 (0.00325%) | NCDEX ₹600/Cr(0.006%) | N/A |
Currency Futures | NSE ₹180/Cr (0.0018%) | BSE ₹160/Cr (0.0016%) | N/A |
Equity Delivery | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) | NSE:- 0.00345% | BSE:-0.00345% |
Call Back Open Account |
RMoney Vs Groww - Margin (Exposure)
RMoney | Groww | |
---|---|---|
Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
Equity Intraday | 5x (Up to 20% of trade value) | 5x |
Currency Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x |
Call Back Open Account |
RMoney Vs Groww - Features
RMoney | Groww | |
---|---|---|
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:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
Trading Platform | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick | Groww Web (Browser based trading website) , Groww Mobile Application |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |
RMoney Vs Groww - Review & Rating
RMoney | Groww | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Call Back Open Account |
RMoney Vs Groww - Request a call back from Broker
RMoney | Groww | |
---|---|---|
Call Back Open Account |
RMoney Vs Groww - Investment Options
RMoney | Groww | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account |
RMoney Vs Groww - Order Type
RMoney | Groww | |
---|---|---|
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 Groww - Research & Report
RMoney | Groww | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account |
RMoney Vs Groww - Daily Market Report
RMoney | Groww | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account |
RMoney Vs Groww - Suitable For Investor
RMoney | Groww | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account |
RMoney Vs Groww - Pros & Cons
RMoney | Groww | |
---|---|---|
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.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option. |
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.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth. |
Call Back Open Account |
RMoney Vs Groww - Background
RMoney | Groww | |
---|---|---|
Call Back Open Account |
RMoney Vs Groww - Compare All Brokers
RMoney | Groww | |
---|---|---|
Call Back Open Account |
RMoney Vs Groww - STT/CTT
RMoney | Groww | |
---|---|---|
Commodity Futures | 0.01% on sell side (Non-Agri) | N/A |
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 | N/A |
Call Back Open Account |
RMoney Vs Groww - Demat transaction charges
RMoney | Groww | |
---|---|---|
Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹13.5 Gst per scrip per day only on sell |
Call Back Open Account |
RMoney Vs Groww - GST
RMoney | Groww | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% ( Brokerage + Transaction charges) |
Call Back Open Account |
RMoney Vs Groww - SEBI Charges
RMoney | Groww | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Call Back Open Account |
RMoney Vs Groww - Account Opening & AMC Charges
RMoney Vs Groww
RMoney | Groww | |
---|---|---|
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 "+ Groww |
Groww Review | Brokerage Charges, Account OpeningGroww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application .. |
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Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
RMoney Vs Groww - Brokerage charges & Plans
RMoney | Groww | |
---|---|---|
Commodity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | N/A |
Currency Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | N/A |
Equity Delivery | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order or 0.05% (whichever is lower) |
Equity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order or 0.05% (whichever is lower) |
Commodity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | N/A |
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) | N/A |
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 Groww - Margin (Exposure)
RMoney | Groww | |
---|---|---|
Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
Equity Intraday | 5x (Up to 20% of trade value) | 5x |
Currency Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x |
Call Back Open Account |
RMoney Vs Groww - Other Charges
RMoney | Groww | |
---|---|---|
RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
API Charges | ₹1500/Monthly | ₹0 (Free) |
Call & Trade Charges | ₹18/Order | N/A |
Other Brokerage Charges | ₹9/Order | ₹20/ Order or 0.05% |
Minimum Brokerage | ₹9/Order | ₹20/ Order |
RMoney Vs Groww - STT/CTT
RMoney | Groww | |
---|---|---|
Commodity Futures | 0.01% on sell side (Non-Agri) | N/A |
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 | N/A |
RMoney Vs Groww - Demat transaction charges
RMoney | Groww | |
---|---|---|
Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹13.5 Gst per scrip per day only on sell |
RMoney Vs Groww - GST
RMoney | Groww | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% ( Brokerage + Transaction charges) |
RMoney Vs Groww - SEBI Charges
RMoney | Groww | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
RMoney Vs Groww - Features
RMoney | Groww | |
---|---|---|
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:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
Trading Platform | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick | Groww Web (Browser based trading website) , Groww Mobile Application |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |