RMoney Vs Trade Smart
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.
Trade Smart
Trade Smart is a Discount Broker. Trade Smart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Customer Complaints, Advantages and Disadvantages.
RMoney Vs Trade Smart - Broker Details
| RMoney | Trade Smart | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2004 | 1994 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX. |
| Branches | 300+ | Zero |
| Brokerage | ₹9/Order | 0.007% or ₹15/ Order |
| Broker Type | Full Service Broker | Discount Broker |
RMoney Vs Trade Smart - Account Opening & AMC Charges
| RMoney | Trade Smart | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹299( From 2nd year onwards) | ₹300 ( 2nd Year onwards) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
RMoney Vs Trade Smart - Brokerage charges & Plans
| RMoney | Trade Smart | |
|---|---|---|
| Commodity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | 0.007% or ₹15/ Order |
| Currency Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | 0.007% or ₹15/ Order |
| Equity Delivery | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | 0.07% or ₹15/ Order |
| Equity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹7/ Lot or ₹15/ Order |
| Commodity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹7/ Lot or ₹15/ Order |
| Equity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | 0.007% or ₹15/ Order |
| Currency Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹7/ Lot or ₹15/ Order |
| Fixed Charges | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹15/ Order |
| Equity Intraday | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | 0.007% or ₹15/ Order |
RMoney Vs Trade Smart - Other Charges
| RMoney | Trade Smart | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | ₹1500/Monthly | ₹750/Order |
| Call & Trade Charges | ₹18/Order | ₹20/Order + brokerage commission |
| Other Brokerage Charges | ₹9/Order | 0.007% or ₹15/ Order |
| Minimum Brokerage | ₹9/Order | ₹15/ Order |
RMoney Vs Trade Smart - Transaction Charges
| RMoney | Trade Smart | |
|---|---|---|
| Currency Options | NSE ₹5000/Cr (on premium) (0.05%) | BSE ₹7500/Cr (on premium) (0.075%) | 0.06% |
| Equity Futures | NSE ₹260/Cr | BSE ₹70/Cr (0.007%) | 0.0024% |
| Equity Intraday | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) | 0.0035% |
| Equity Options | NSE ₹7000/Cr (0.07%) | BSE ₹2750/Cr (0.0275%) | 0.0715% |
| Commodity | MCX ₹325 (0.00325%) | NCDEX ₹600/Cr(0.006%) | 0.0039% |
| Currency Futures | NSE ₹180/Cr (0.0018%) | BSE ₹160/Cr (0.0016%) | 0.00165% |
| Equity Delivery | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) | 0.0035% |
RMoney Vs Trade Smart - Margin (Exposure)
| RMoney | Trade Smart | |
|---|---|---|
| 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) |
RMoney Vs Trade Smart - Features
| RMoney | Trade Smart | |
|---|---|---|
| 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 | Commodities: 11:30 PM / 11:55 PM |
| Trading Platform | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick | 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
RMoney Vs Trade Smart - Review & Rating
| RMoney | Trade Smart | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
RMoney Vs Trade Smart - Request a call back from Broker
| RMoney | Trade Smart | |
|---|---|---|
RMoney Vs Trade Smart - Investment Options
| RMoney | Trade Smart | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
RMoney Vs Trade Smart - Order Type
| RMoney | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Research & Report
| RMoney | Trade Smart | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
RMoney Vs Trade Smart - Daily Market Report
| RMoney | Trade Smart | |
|---|---|---|
| Daily Market Reports & News |
|
|
RMoney Vs Trade Smart - Suitable For Investor
| RMoney | Trade Smart | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
RMoney Vs Trade Smart - Pros & Cons
| RMoney | Trade Smart | |
|---|---|---|
| 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 provides the unique brokerage plans designed to meet the needs of the customers. 2.The Bracket Order and Cover Order are available on mobile app. 3.TradeSmart do not require any minimum amount to open an account. 4.Low Transaction charge. 5.It provides excellent customer service. 6.It provides 10% credit of the brokerage that are generated by the clients referred by them. 7. No Minimum Commitment 8.It facilitates its customers with the Mutual Funds and Offer for Sale .9. It provides advanced trading tools to make trading easy and fluent. |
| 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.The call and trade are charged at an additional cost of ₹20 per trade. 2. It allows Intraday positions squared off by the RMS team is charged at ₹20 per trader. 3.It does not provide the facility of 3-in-1 account. |
RMoney Vs Trade Smart - Background
| RMoney | Trade Smart | |
|---|---|---|
RMoney Vs Trade Smart - Compare All Brokers
| RMoney | Trade Smart | |
|---|---|---|
RMoney Vs Trade Smart - STT/CTT
| RMoney | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Demat transaction charges
| RMoney | Trade Smart | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹15 + Gst per scrip per day only on sell |
RMoney Vs Trade Smart - GST
| RMoney | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% ( Brokerage + Transaction charges) |
RMoney Vs Trade Smart - SEBI Charges
| RMoney | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
RMoney Vs Trade Smart - Account Opening & AMC Charges
RMoney
Trade Smart
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹299( From 2nd year onwards)
₹300 ( 2nd Year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
RMoney Vs Trade Smart
| RMoney | Trade Smart | |
|---|---|---|
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 "+ Trade Smart |
TradeSmart Review | Brokerage Charges, Account OpeningTradeSmart is an Indian Discount broker house. According to TradeSmart broker review, this broker is a Mumbai-based broker that offers various discount brokerage services in stock, commodity, and currency trading segments. Tradesmartonline review is a venture of VNS finance that has a long brokerage service experience of more than 20 years. VNS Fina .. |
|
|
|
|
|
Trade Smart
Trade Smart is a Discount Broker. Trade Smart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Customer Complaints, Advantages and Disadvantages.
RMoney Vs Trade Smart - Brokerage charges & Plans
| RMoney | Trade Smart | |
|---|---|---|
| Commodity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | 0.007% or ₹15/ Order |
| Currency Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | 0.007% or ₹15/ Order |
| Equity Delivery | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | 0.07% or ₹15/ Order |
| Equity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹7/ Lot or ₹15/ Order |
| Commodity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹7/ Lot or ₹15/ Order |
| Equity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | 0.007% or ₹15/ Order |
| Currency Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹7/ Lot or ₹15/ Order |
| Fixed Charges | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹15/ Order |
| Equity Intraday | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | 0.007% or ₹15/ Order |
RMoney Vs Trade Smart - Margin (Exposure)
| RMoney | Trade Smart | |
|---|---|---|
| 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) |
RMoney Vs Trade Smart - Other Charges
| RMoney | Trade Smart | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | ₹1500/Monthly | ₹750/Order |
| Call & Trade Charges | ₹18/Order | ₹20/Order + brokerage commission |
| Other Brokerage Charges | ₹9/Order | 0.007% or ₹15/ Order |
| Minimum Brokerage | ₹9/Order | ₹15/ Order |
RMoney Vs Trade Smart - STT/CTT
| RMoney | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Demat transaction charges
| RMoney | Trade Smart | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹15 + Gst per scrip per day only on sell |
RMoney Vs Trade Smart - GST
| RMoney | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% ( Brokerage + Transaction charges) |
RMoney Vs Trade Smart - SEBI Charges
| RMoney | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
RMoney Vs Trade Smart - Features
| RMoney | Trade Smart | |
|---|---|---|
| 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 | Commodities: 11:30 PM / 11:55 PM |
| Trading Platform | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick | 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|