RMoney Vs Sernet Financial
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.
Sernet Financial
Sernet Financial is a full service Broker. Sernet Financial Review gives an overall view and the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
RMoney Vs Sernet Financial - Broker Details
| RMoney | Sernet Financial | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2004 | 2004 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE and MCX |
| Branches | 300+ | NA |
| Brokerage | ₹9/Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Broker Type | Full Service Broker | Full Service Broker |
RMoney Vs Sernet Financial - Account Opening & AMC Charges
| RMoney | Sernet Financial | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee |
| Demat Account Opening Charge | ₹0 (Free) | PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee |
| Demat Account AMC | ₹299( From 2nd year onwards) | PREMIER- Up to ₹749 (Depends on account type) | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free) |
| Trading Account AMC | ₹0 (Free) | PREMIER- NA | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free) |
RMoney Vs Sernet Financial - Brokerage charges & Plans
| RMoney | Sernet Financial | |
|---|---|---|
| Commodity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Currency Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Delivery | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | PREMIER- 1.00% | PRIVILEGE- 0.25% | ELITE- 0.25% |
| Equity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Commodity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Currency Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Fixed Charges | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Intraday | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
RMoney Vs Sernet Financial - Other Charges
| RMoney | Sernet Financial | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹1500/Monthly | ₹0 (Free) |
| Call & Trade Charges | ₹18/Order | ₹20 per Order |
| Other Brokerage Charges | ₹9/Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Minimum Brokerage | ₹9/Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
RMoney Vs Sernet Financial - Transaction Charges
| RMoney | Sernet Financial | |
|---|---|---|
| Currency Options | NSE ₹5000/Cr (on premium) (0.05%) | BSE ₹7500/Cr (on premium) (0.075%) | NSE – Exchange txn charge: 0.035% | BSE – Exchange txn charge: 0.001% |
| 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: 0.00325% |
| Equity Options | NSE ₹7000/Cr (0.07%) | BSE ₹2750/Cr (0.0275%) | NSE: 0.05% (on premium) | NSE: 0.053% (on premium) |
| Commodity | MCX ₹325 (0.00325%) | NCDEX ₹600/Cr(0.006%) | Exchange txn charge: 0.05% |
| Currency Futures | NSE ₹180/Cr (0.0018%) | BSE ₹160/Cr (0.0016%) | NSE – Exchange txn charge: 0.0009% | BSE – Exchange txn charge: 0.00022% |
| Equity Delivery | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) | NSE: 0.00325% | BSE: 0.00325% |
RMoney Vs Sernet Financial - Margin (Exposure)
| RMoney | Sernet Financial | |
|---|---|---|
| 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 (no margin) |
| 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 Sernet Financial - Features
| RMoney | Sernet Financial | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick | 1. Tradetor Mobile App, 2. Tick Funds Mutual Fund App, 3. Tradetor Web portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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RMoney Vs Sernet Financial - Review & Rating
| RMoney | Sernet Financial | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
RMoney Vs Sernet Financial - Request a call back from Broker
| RMoney | Sernet Financial | |
|---|---|---|
RMoney Vs Sernet Financial - Investment Options
| RMoney | Sernet Financial | |
|---|---|---|
| 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 Sernet Financial - Order Type
| RMoney | Sernet Financial | |
|---|---|---|
| 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 Sernet Financial - Research & Report
| RMoney | Sernet Financial | |
|---|---|---|
| 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 Sernet Financial - Daily Market Report
| RMoney | Sernet Financial | |
|---|---|---|
| Daily Market Reports & News |
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RMoney Vs Sernet Financial - Suitable For Investor
| RMoney | Sernet Financial | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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RMoney Vs Sernet Financial - Pros & Cons
| RMoney | Sernet Financial | |
|---|---|---|
| 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. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. Known for their reliability and integrity in managing clients' assets. 4. Offer competitive interest rates and fees for their services. 5. Prioritize client satisfaction and long-term financial well-being. |
| 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. Limited Global Investment Options 2. Limited Advanced Trading Features 3. Sernet Financial may not have a widespread branch network, which could be inconvenient for clients who prefer in-person banking. 4. Depending on their size and resources, customer support quality and availability may vary. |
RMoney Vs Sernet Financial - Background
| RMoney | Sernet Financial | |
|---|---|---|
RMoney Vs Sernet Financial - Compare All Brokers
| RMoney | Sernet Financial | |
|---|---|---|
RMoney Vs Sernet Financial - STT/CTT
| RMoney | Sernet Financial | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.05% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.1% on buy & sell |
| 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 Sernet Financial - Demat transaction charges
| RMoney | Sernet Financial | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹15 + GST per scrip |
RMoney Vs Sernet Financial - GST
| RMoney | Sernet Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
RMoney Vs Sernet Financial - SEBI Charges
| RMoney | Sernet Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
RMoney Vs Sernet Financial - Account Opening & AMC Charges
RMoney
Sernet Financial
Trading Account Opening Charge
₹0 (Free)
PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee
Demat Account Opening Charge
₹0 (Free)
PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee
Demat Account AMC
₹299( From 2nd year onwards)
PREMIER- Up to ₹749 (Depends on account type) | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free)
Trading Account AMC
₹0 (Free)
PREMIER- NA | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free)
RMoney Vs Sernet Financial
| RMoney | Sernet Financial | |
|---|---|---|
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 "+ Sernet Financial |
Sernet Financial Account Opening Process and Charges Details |
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Sernet Financial
Sernet Financial is a full service Broker. Sernet Financial Review gives an overall view and the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
RMoney Vs Sernet Financial - Brokerage charges & Plans
| RMoney | Sernet Financial | |
|---|---|---|
| Commodity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Currency Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Delivery | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | PREMIER- 1.00% | PRIVILEGE- 0.25% | ELITE- 0.25% |
| Equity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Commodity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Currency Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Fixed Charges | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Intraday | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
RMoney Vs Sernet Financial - Margin (Exposure)
| RMoney | Sernet Financial | |
|---|---|---|
| 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 (no margin) |
| 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 Sernet Financial - Other Charges
| RMoney | Sernet Financial | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹1500/Monthly | ₹0 (Free) |
| Call & Trade Charges | ₹18/Order | ₹20 per Order |
| Other Brokerage Charges | ₹9/Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Minimum Brokerage | ₹9/Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
RMoney Vs Sernet Financial - STT/CTT
| RMoney | Sernet Financial | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.05% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.1% on buy & sell |
| 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 Sernet Financial - Demat transaction charges
| RMoney | Sernet Financial | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹15 + GST per scrip |
RMoney Vs Sernet Financial - GST
| RMoney | Sernet Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
RMoney Vs Sernet Financial - SEBI Charges
| RMoney | Sernet Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
RMoney Vs Sernet Financial - Features
| RMoney | Sernet Financial | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick | 1. Tradetor Mobile App, 2. Tick Funds Mutual Fund App, 3. Tradetor Web portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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