RMoney Consumer Complaints

 
 
 
 
 

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Raghunandan Money (RMoney) Complaints

Raghunandan Money (RMoney) is a prominent discount broker of India, started its operation in 2004 and facilitate you to invest in BSE, NSE, MCX and NCDEX. Raghunandan Money (RMoney) is a SEBI registered broker and a depositary participant of CDSL. Raghunandan Money (RMoney) offers to invest/trade in equity, derivative, futures, options, IPO, currency, commodity, bonds and mutual funds. Raghunandan Money (RMoney) offers 100% paperless 2-in-1 account opening facility on its platform i.e. online demat and trading account as well as you can visit the nearby branch to open an offline account. Raghunandan Money (RMoney) is popular for its ultra-fast and modern services. Raghunandan Money (RMoney) has a motive to provide you world-class facilities so that you can increase your assets.
Raghunandan Money (RMoney) is a technology-driven platform which is equipped with new features and a wide range of attractive facilities as it offers two type of brokerage plan. To bring an unmatched trading experience, Raghunandan Money (RMoney) offers free trading software and tools on its platform which are accessible in laptop, desktop, android devices, IOS devices and tablet. One should choose this broker because of its transparency and zero hidden charges.

Complaint against Raghunandan Money (RMoney):

Share market is one of the best platforms through which any trader can make unlimited assets by investing in the various financial segments such as equity, derivative, currency, commodity, mutual funds, IPO, bonds etc. and in the whole process, broker acts as a mediator between the traders and national organisations. Sometimes, traders/investors face some issues related to account opening, brokerage, trading software, order execution etc. Customers/clients used to register those complaints of Raghunandan Money (RMoney) at national exchanges BSE and NSE. Those complaint reports are serious grievances against the discount broker Raghunandan Money (RMoney) which the broker has failed to resolve. This complaint data is provided by BSE and NSE and it shows overall health of Raghunandan Money (RMoney).
These complaint report also provides the details of the total no of active customers of Raghunandan Money (RMoney) as well as it shows the growth of the broker year on year.

Raghunandan Money (RMoney) Consumer Complaints:

Financial Year

Exchange

Number of Clients

Total Complaints

Percentage

2021-22

NSE

2

3613

0.05%

BSE

2

510

0.39%

2020-21

NSE

9

3043

0.29%

2019-20

BSE

2

655

0.30%

NSE

2

2171

0.09%

2018-19

NSE

2

1998

0.10%

2017-18

NSE

2

2039

0.09%

2016-17

BSE

2

743

0.26%

NSE

2

1710

0.11%

2015-16

BSE

2

679

0.29%

NSE

9

1693

0.53%

2014-15

BSE

6

3256

0.18%

NSE

13

1405

0.92%

2013-14

NSE

10

1249

0.80%

2012-13

NSE

6

1456

0.41%

2011-12

BSE

3

207

1.44%

NSE

2

1081

0.18%

 

Raghunandan Money (RMoney) Complaint at NSE

Entity

2021-22

2020-21

2019-20

Defaulter

No

No

No

Number of active clients

3613

3043

2171

Number of complaints received

2

9

2

Resolved through the exchange

2

9

2

Non-actionable

0

0

0

Advised/Opted for arbitration

0

0

0

Pending for redressal with exchange

0

0

0

No. of arbitration filed by clients

0

0

0

Decided by arbitrators in favour of the clients

0

0

0

Decided by the arbitrators

0

0

0

Pending for redressal with arbitrators

0

0

0

 

Raghunandan Money (RMoney) Complaint at BSE

Entity

2021-22

2019-20

2016-17

Defaulter

No

No

No

Number of active clients

510

655

743

Number of complaints received

2

2

2

Resolved through the exchange

2

2

2

Non-actionable

0

0

0

Advised/Opted for arbitration

0

0

0

Pending for redressal with exchange

0

0

0

No. of arbitration filed by clients

0

0

0

Decided by arbitrators in favour of the clients

0

0

0

Decided by the arbitrators

0

0

0

Pending for redressal with arbitrators

0

0

0

 



Frequently Asked Questions


Raghunandan Money (RMoney) offers two types of brokerage plan to all resident Indians which are as follows: • Zero Brokerage Plan • Happy Service Plan
Yes, Raghunandan Money (RMoney) offers 3-in-1 account on its platform i.e. NSDL bank account + Demat Account + Trading Account.
RMoney (Raghunandan Money) is a technology-driven diverse platform offers many trading software which are accessible in laptop, pc, android mobile, IOS device and tablet. • RMoney Smart (Browser-based trading platform) • RMoney Active (Trading Terminal) • RMoney Quick (Mobile-based application)
Both the plans are slightly different but equipped with modern & technical tools. Both the plans are as follows: Zero Brokerage Plan: Brokerage of Rs 18 per executed order for all the segment, free trading software. Free call & trade facility, lifetime free demat AMC, Free Demat Account opening, zero brokerage in equity delivery etc. Happy Service Plan: Percentage-based brokerage, Free trading software, free call & trade facility, free portfolio analysis, Free research, tips & advice, Free Personalized trade assistance, Lifetime free Demat AMC etc.
No, it is not necessary to have a demat and trading account with Raghunandan Money (RMoney) to invest in mutual fund, you can also open a separate Raghunandan Money (RMoney) Mutual Fund Account by visiting the official website or mobile application and click on “Gullak” available in the footer of the website. RMoney Gullak is a mutual fund investment platform offers 100% paperless facility to invest in mutual fund.
Yes, Raghunandan Money (RMoney) provides online facility to invest in IPOs. Any Indian citizen can avail this service to invest in their favourite companies.
RMoney does not charge single penny as AMC. It is known for its zero account maintenance charges.
Any individual, Hindu Undivided Family (HUF), partnership firm, proprietary firm, a company can open trading account with Raghunandan Money (RMoney) via online method or by visiting the nearby branch.
Raghunandan Money (RMoney) is the depositary participant of both CDSL. Customer’s demat account on RMoney is registered with CDSL and the broker acts as a mediator between the customer and national exchange.
Yes, RMoney offers refer & earn facility to every Indian citizen in which you will get Rs 100 for every account opened by your reference.
RMoney does not charges any amount on call & trading facility. Any client can use this facility without paying any charges.
Raghunandan Money (RMoney) is a SEBI registered stock broker started in 2004 with its head office in Agra (Uttar Pradesh). RMoney is known for its diversity, transparency and safety. In the region of Uttar Pradesh, directly or indirectly more than 80% of broking clients are associated with RMoney. The broker is the winner of NCDEX Krishi Pragati Awards 2017 and Times of India Excellence Award 2015.
You can open an account in just 5 minutes on Raghunandan Money (RMoney). Visit the official website of RMoney, click on 5 min account opening available at the top of the home page, upload the required documents and now invest in share market. You can also visit nearby branch of the broker or download the account opening form available in the download section of the website.
Yes, Raghunandan Money (RMoney) offers free advisory & recommendation services on its platform. The broker has a team of well-managed professionals who are innovative, minded and experienced. Grow your money on facts is the advice for the traders & investors from RMoney.

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