Upstox Vs RMoney
Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.
Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.
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.
Upstox Vs RMoney - Broker Details
Upstox | RMoney | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 2009 | 2004 |
Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX |
Branches | Zero | 300+ |
Brokerage | ₹20/ Order or 0.05% (Whichever is lower) | ₹9/Order |
Broker Type | Discount Broker | Full Service Broker |
Call Back Open Account |
Upstox Vs RMoney - Account Opening & AMC Charges
Upstox | 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) |
Call Back Open Account |
Upstox Vs RMoney - Brokerage charges & Plans
Upstox | RMoney | |
---|---|---|
Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Equity Options | ₹20/ Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Commodity Options | ₹20/ Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Currency Options | ₹20/ Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Fixed Charges | ₹20/ Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Call Back Open Account |
Upstox Vs RMoney - Other Charges
Upstox | RMoney | |
---|---|---|
RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
API Charges | ₹0 (Free) | ₹1500/Monthly |
Call & Trade Charges | (₹50 + GST) | ₹18/Order |
Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | ₹9/Order |
Minimum Brokerage | ₹20/ Order | ₹9/Order |
Call Back Open Account |
Upstox Vs RMoney - Transaction Charges
Upstox | RMoney | |
---|---|---|
Currency Options | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% | NSE ₹5000/Cr (on premium) (0.05%) | BSE ₹7500/Cr (on premium) (0.075%) |
Equity Futures | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% | NSE ₹260/Cr | BSE ₹70/Cr (0.007%) |
Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) |
Equity Options | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% | NSE ₹7000/Cr (0.07%) | BSE ₹2750/Cr (0.0275%) |
Commodity | Non-Agri: Exchange turnover charge: 0.0026% | MCX ₹325 (0.00325%) | NCDEX ₹600/Cr(0.006%) |
Currency Futures | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE ₹180/Cr (0.0018%) | BSE ₹160/Cr (0.0016%) |
Equity Delivery | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) |
Call Back Open Account |
Upstox Vs RMoney - Margin (Exposure)
Upstox | RMoney | |
---|---|---|
Equity Options | Option Sell: 1x | Option Buying: No Margin | 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 margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Commodity Options | Option Sell: 1x | Option Buying: No Margin | 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) |
Call Back Open Account |
Upstox Vs RMoney - Features
Upstox | 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:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM | Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:45 PM |
Trading Platform | 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |
Upstox Vs RMoney - Review & Rating
Upstox | RMoney | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Call Back Open Account |
Upstox Vs RMoney - Request a call back from Broker
Upstox | RMoney | |
---|---|---|
Call Back Open Account |
Upstox Vs RMoney - Investment Options
Upstox | RMoney | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account |
Upstox Vs RMoney - Order Type
Upstox | RMoney | |
---|---|---|
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 |
Upstox Vs RMoney - Research & Report
Upstox | RMoney | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account |
Upstox Vs RMoney - Daily Market Report
Upstox | RMoney | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account |
Upstox Vs RMoney - Suitable For Investor
Upstox | RMoney | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account |
Upstox Vs RMoney - Pros & Cons
Upstox | RMoney | |
---|---|---|
Pros | 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. | 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. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. | 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. |
Call Back Open Account |
Upstox Vs RMoney - Background
Upstox | RMoney | |
---|---|---|
Call Back Open Account |
Upstox Vs RMoney - Compare All Brokers
Upstox | RMoney | |
---|---|---|
Call Back Open Account |
Upstox Vs RMoney - STT/CTT
Upstox | RMoney | |
---|---|---|
Commodity Futures | 0.01% on sell trade (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 | 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% on sell trade | 0.05% on sell side |
Call Back Open Account |
Upstox Vs RMoney - Demat transaction charges
Upstox | RMoney | |
---|---|---|
Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹20 + GST per scrip only on sell |
Call Back Open Account |
Upstox Vs RMoney - GST
Upstox | RMoney | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Call Back Open Account |
Upstox Vs RMoney - SEBI Charges
Upstox | RMoney | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Call Back Open Account |
Upstox Vs RMoney - Account Opening & AMC Charges
Upstox Vs RMoney
Upstox | RMoney | |
---|---|---|
Upstox Review 2024 - Brokerage Charges, Account Opening, MarginUpstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. |
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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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.
Upstox Vs RMoney - Brokerage charges & Plans
Upstox | RMoney | |
---|---|---|
Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Equity Options | ₹20/ Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Commodity Options | ₹20/ Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Currency Options | ₹20/ Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Fixed Charges | ₹20/ Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Call Back Open Account |
Upstox Vs RMoney - Margin (Exposure)
Upstox | RMoney | |
---|---|---|
Equity Options | Option Sell: 1x | Option Buying: No Margin | 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 margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Commodity Options | Option Sell: 1x | Option Buying: No Margin | 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) |
Call Back Open Account |
Upstox Vs RMoney - Other Charges
Upstox | RMoney | |
---|---|---|
RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
API Charges | ₹0 (Free) | ₹1500/Monthly |
Call & Trade Charges | (₹50 + GST) | ₹18/Order |
Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | ₹9/Order |
Minimum Brokerage | ₹20/ Order | ₹9/Order |
Call Back Open Account |
Upstox Vs RMoney - STT/CTT
Upstox | RMoney | |
---|---|---|
Commodity Futures | 0.01% on sell trade (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 | 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% on sell trade | 0.05% on sell side |
Call Back Open Account |
Upstox Vs RMoney - Demat transaction charges
Upstox | RMoney | |
---|---|---|
Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹20 + GST per scrip only on sell |
Call Back Open Account |
Upstox Vs RMoney - GST
Upstox | RMoney | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Call Back Open Account |
Upstox Vs RMoney - SEBI Charges
Upstox | RMoney | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Call Back Open Account |
Upstox Vs RMoney - Features
Upstox | 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:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM | Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:45 PM |
Trading Platform | 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |