RMoney Vs Zerodha
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.
Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
RMoney Vs Zerodha - Broker Details
| RMoney | Zerodha | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2004 | 2010 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 300+ | 120+ |
| Brokerage | ₹9/Order | ₹20/ Order or 0.03% |
| Broker Type | Full Service Broker | Discount Broker |
RMoney Vs Zerodha - Account Opening & AMC Charges
| RMoney | Zerodha | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹200 |
| Demat Account Opening Charge | ₹0 (Free) | ₹200 |
| Demat Account AMC | ₹299( From 2nd year onwards) | ₹300/Year + GST charged quarterly (90 days) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
RMoney Vs Zerodha - Brokerage charges & Plans
| RMoney | Zerodha | |
|---|---|---|
| Commodity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | Zero Brokerage |
| Equity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order |
| Commodity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/Order |
| Equity Intraday | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order or 0.03% (whichever is lower) |
RMoney Vs Zerodha - Other Charges
| RMoney | Zerodha | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | ₹1500/Monthly | ₹2000/ Month |
| Call & Trade Charges | ₹18/Order | ₹50/ Order |
| Other Brokerage Charges | ₹9/Order | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹9/Order | ₹20/ Order |
RMoney Vs Zerodha - Transaction Charges
| RMoney | Zerodha | |
|---|---|---|
| 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: 0.002% |
| Equity Intraday | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE ₹7000/Cr (0.07%) | BSE ₹2750/Cr (0.0275%) | NSE: 0.053% (on premium) |
| Commodity | MCX ₹325 (0.00325%) | NCDEX ₹600/Cr(0.006%) | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% |
| 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: 0.00345% | BSE: 0.00345% |
RMoney Vs Zerodha - Margin (Exposure)
| RMoney | Zerodha | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(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 margins(SPAN + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
RMoney Vs Zerodha - Features
| RMoney | Zerodha | |
|---|---|---|
| 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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RMoney Vs Zerodha - Review & Rating
| RMoney | Zerodha | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
RMoney Vs Zerodha - Request a call back from Broker
| RMoney | Zerodha | |
|---|---|---|
RMoney Vs Zerodha - Investment Options
| RMoney | Zerodha | |
|---|---|---|
| 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 Zerodha - Order Type
| RMoney | Zerodha | |
|---|---|---|
| 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 Zerodha - Research & Report
| RMoney | Zerodha | |
|---|---|---|
| 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 Zerodha - Daily Market Report
| RMoney | Zerodha | |
|---|---|---|
| Daily Market Reports & News |
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RMoney Vs Zerodha - Suitable For Investor
| RMoney | Zerodha | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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RMoney Vs Zerodha - Pros & Cons
| RMoney | Zerodha | |
|---|---|---|
| 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 charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. |
| 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.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment |
RMoney Vs Zerodha - Background
| RMoney | Zerodha | |
|---|---|---|
RMoney Vs Zerodha - Compare All Brokers
| RMoney | Zerodha | |
|---|---|---|
RMoney Vs Zerodha - STT/CTT
| RMoney | Zerodha | |
|---|---|---|
| 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) | 0.05% 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 | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
RMoney Vs Zerodha - Demat transaction charges
| RMoney | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹13.5 + Gst per scrip (stock) |
RMoney Vs Zerodha - GST
| RMoney | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
RMoney Vs Zerodha - SEBI Charges
| RMoney | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
RMoney Vs Zerodha - Account Opening & AMC Charges
RMoney
Zerodha
Trading Account Opening Charge
₹0 (Free)
₹200
Demat Account Opening Charge
₹0 (Free)
₹200
Demat Account AMC
₹299( From 2nd year onwards)
₹300/Year + GST charged quarterly (90 days)
Trading Account AMC
₹0 (Free)
₹0 (Free)
RMoney Vs Zerodha
| RMoney | Zerodha | |
|---|---|---|
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 "+ Zerodha |
Zerodha Review 2024 |
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Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
RMoney Vs Zerodha - Brokerage charges & Plans
| RMoney | Zerodha | |
|---|---|---|
| Commodity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | Zero Brokerage |
| Equity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order |
| Commodity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/Order |
| Equity Intraday | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account |
RMoney Vs Zerodha - Margin (Exposure)
| RMoney | Zerodha | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(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 margins(SPAN + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
RMoney Vs Zerodha - Other Charges
| RMoney | Zerodha | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | ₹1500/Monthly | ₹2000/ Month |
| Call & Trade Charges | ₹18/Order | ₹50/ Order |
| Other Brokerage Charges | ₹9/Order | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹9/Order | ₹20/ Order |
RMoney Vs Zerodha - STT/CTT
| RMoney | Zerodha | |
|---|---|---|
| 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) | 0.05% 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 | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
RMoney Vs Zerodha - Demat transaction charges
| RMoney | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹13.5 + Gst per scrip (stock) |
RMoney Vs Zerodha - GST
| RMoney | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
RMoney Vs Zerodha - SEBI Charges
| RMoney | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
RMoney Vs Zerodha - Features
| RMoney | Zerodha | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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