RMoney Vs Eureka
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.
Eureka
Eureka Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
RMoney Vs Eureka - Broker Details
| RMoney | Eureka | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2004 | 1992 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 300+ | 270 |
| Brokerage | ₹9/Order | 0.03% |
| Broker Type | Full Service Broker | Full Service broker |
RMoney Vs Eureka - Account Opening & AMC Charges
| RMoney | Eureka | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free) |
| Demat Account AMC | ₹299( From 2nd year onwards) | Platinum- ₹240 per year | New Classic- ₹360 per year| New Standard- ₹480 per year |
| Trading Account AMC | ₹0 (Free) | N/A |
RMoney Vs Eureka - Brokerage charges & Plans
| RMoney | Eureka | |
|---|---|---|
| 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) | 0.30% |
| Equity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20 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) | ₹20 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 Eureka - Other Charges
| RMoney | Eureka | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | ₹1500/Monthly | ₹0 (Free) |
| Call & Trade Charges | ₹18/Order | ₹20/Order |
| Other Brokerage Charges | ₹9/Order | 0.03% |
| Minimum Brokerage | ₹9/Order | 0.03% |
RMoney Vs Eureka - Transaction Charges
| RMoney | Eureka | |
|---|---|---|
| Currency Options | NSE ₹5000/Cr (on premium) (0.05%) | BSE ₹7500/Cr (on premium) (0.075%) | Exchange txn charge: 0.035% |
| Equity Futures | NSE ₹260/Cr | BSE ₹70/Cr (0.007%) | NSE: 0.0019% |
| Equity Intraday | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE ₹7000/Cr (0.07%) | BSE ₹2750/Cr (0.0275%) | NSE: 0.05% (on premium) |
| Commodity | MCX ₹325 (0.00325%) | NCDEX ₹600/Cr(0.006%) | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | NSE ₹180/Cr (0.0018%) | BSE ₹160/Cr (0.0016%) | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
RMoney Vs Eureka - Margin (Exposure)
| RMoney | Eureka | |
|---|---|---|
| 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 Eureka - Features
| RMoney | Eureka | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:45 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick | 1. EuTrade Web, 2. Infinity by Eureka Mobile App, 3. MyEureka Mobile App, 4. Eureka MyMF Mobile App, 5. EuTrend Mobile App, 6. EuTrade EXE-based Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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RMoney Vs Eureka - Review & Rating
| RMoney | Eureka | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
RMoney Vs Eureka - Request a call back from Broker
| RMoney | Eureka | |
|---|---|---|
RMoney Vs Eureka - Investment Options
| RMoney | Eureka | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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RMoney Vs Eureka - Order Type
| RMoney | Eureka | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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RMoney Vs Eureka - Research & Report
| RMoney | Eureka | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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RMoney Vs Eureka - Daily Market Report
| RMoney | Eureka | |
|---|---|---|
| Daily Market Reports & News |
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RMoney Vs Eureka - Suitable For Investor
| RMoney | Eureka | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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RMoney Vs Eureka - Pros & Cons
| RMoney | Eureka | |
|---|---|---|
| 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. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. |
| 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. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. |
RMoney Vs Eureka - Background
| RMoney | Eureka | |
|---|---|---|
RMoney Vs Eureka - Compare All Brokers
| RMoney | Eureka | |
|---|---|---|
RMoney Vs Eureka - STT/CTT
| RMoney | Eureka | |
|---|---|---|
| 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 the sell side |
| Equity Options | 0.05% on sell side (on Premium) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on sell side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
RMoney Vs Eureka - Demat transaction charges
| RMoney | Eureka | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹5 per certificate. Min ₹75 per request |
RMoney Vs Eureka - GST
| RMoney | Eureka | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
RMoney Vs Eureka - SEBI Charges
| RMoney | Eureka | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
RMoney Vs Eureka - Account Opening & AMC Charges
RMoney
Eureka
Trading Account Opening Charge
₹0 (Free)
Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free)
Demat Account AMC
₹299( From 2nd year onwards)
Platinum- ₹240 per year | New Classic- ₹360 per year| New Standard- ₹480 per year
Trading Account AMC
₹0 (Free)
N/A
RMoney Vs Eureka
| RMoney | Eureka | |
|---|---|---|
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 "+ Eureka |
Eureka Account Opening Charges, Process, and Required Documents Details |
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Eureka
Eureka Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
RMoney Vs Eureka - Brokerage charges & Plans
| RMoney | Eureka | |
|---|---|---|
| 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) | 0.30% |
| Equity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20 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) | ₹20 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 Eureka - Margin (Exposure)
| RMoney | Eureka | |
|---|---|---|
| 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 Eureka - Other Charges
| RMoney | Eureka | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | ₹1500/Monthly | ₹0 (Free) |
| Call & Trade Charges | ₹18/Order | ₹20/Order |
| Other Brokerage Charges | ₹9/Order | 0.03% |
| Minimum Brokerage | ₹9/Order | 0.03% |
RMoney Vs Eureka - STT/CTT
| RMoney | Eureka | |
|---|---|---|
| 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 the sell side |
| Equity Options | 0.05% on sell side (on Premium) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on sell side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
RMoney Vs Eureka - Demat transaction charges
| RMoney | Eureka | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹5 per certificate. Min ₹75 per request |
RMoney Vs Eureka - GST
| RMoney | Eureka | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
RMoney Vs Eureka - SEBI Charges
| RMoney | Eureka | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
RMoney Vs Eureka - Features
| RMoney | Eureka | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
|
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| Referral Program |
|
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:45 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick | 1. EuTrade Web, 2. Infinity by Eureka Mobile App, 3. MyEureka Mobile App, 4. Eureka MyMF Mobile App, 5. EuTrend Mobile App, 6. EuTrade EXE-based Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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