Zerodha Vs RMoney
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
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 Vs RMoney - Broker Details
| Zerodha | RMoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2004 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 120+ | 300+ |
| Brokerage | ₹20/ Order or 0.03% | ₹9/Order |
| Broker Type | Discount Broker | Full Service Broker |
Zerodha Vs RMoney - Account Opening & AMC Charges
| Zerodha | RMoney | |
|---|---|---|
| Trading Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account AMC | ₹300/Year + GST charged quarterly (90 days) | ₹299( From 2nd year onwards) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Zerodha Vs RMoney - Brokerage charges & Plans
| Zerodha | RMoney | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Delivery | Zero Brokerage | ₹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 or 0.03%(whichever is lower) | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹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 0.03% (whichever is lower) | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Zerodha Vs RMoney - Other Charges
| Zerodha | RMoney | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹2000/ Month | ₹1500/Monthly |
| Call & Trade Charges | ₹50/ Order | ₹18/Order |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | ₹9/Order |
| Minimum Brokerage | ₹20/ Order | ₹9/Order |
Zerodha Vs RMoney - Transaction Charges
| Zerodha | RMoney | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% | NSE ₹5000/Cr (on premium) (0.05%) | BSE ₹7500/Cr (on premium) (0.075%) |
| Equity Futures | NSE: 0.002% | NSE ₹260/Cr | BSE ₹70/Cr (0.007%) |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) |
| Equity Options | NSE: 0.053% (on premium) | NSE ₹7000/Cr (0.07%) | BSE ₹2750/Cr (0.0275%) |
| Commodity | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% | MCX ₹325 (0.00325%) | NCDEX ₹600/Cr(0.006%) |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% | NSE ₹180/Cr (0.0018%) | BSE ₹160/Cr (0.0016%) |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) |
Zerodha Vs RMoney - Margin (Exposure)
| Zerodha | RMoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (20% margin) | 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 | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(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 margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Zerodha Vs RMoney - Features
| Zerodha | RMoney | |
|---|---|---|
| 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:45 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Zerodha Vs RMoney - Review & Rating
| Zerodha | RMoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Zerodha Vs RMoney - Request a call back from Broker
| Zerodha | RMoney | |
|---|---|---|
Zerodha Vs RMoney - Investment Options
| Zerodha | RMoney | |
|---|---|---|
| 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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Zerodha Vs RMoney - Order Type
| Zerodha | RMoney | |
|---|---|---|
| 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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Zerodha Vs RMoney - Research & Report
| Zerodha | RMoney | |
|---|---|---|
| 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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Zerodha Vs RMoney - Daily Market Report
| Zerodha | RMoney | |
|---|---|---|
| Daily Market Reports & News |
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Zerodha Vs RMoney - Suitable For Investor
| Zerodha | RMoney | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Zerodha Vs RMoney - Pros & Cons
| Zerodha | RMoney | |
|---|---|---|
| Pros | 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. | 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.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment | 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. |
Zerodha Vs RMoney - Background
| Zerodha | RMoney | |
|---|---|---|
Zerodha Vs RMoney - Compare All Brokers
| Zerodha | RMoney | |
|---|---|---|
Zerodha Vs RMoney - STT/CTT
| Zerodha | RMoney | |
|---|---|---|
| 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 |
Zerodha Vs RMoney - Demat transaction charges
| Zerodha | RMoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹20 + GST per scrip only on sell |
Zerodha Vs RMoney - GST
| Zerodha | RMoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Zerodha Vs RMoney - SEBI Charges
| Zerodha | RMoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
Zerodha Vs RMoney - Account Opening & AMC Charges
Zerodha
RMoney
Trading Account Opening Charge
₹200
₹0 (Free)
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
₹299( From 2nd year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Zerodha Vs RMoney
| Zerodha | RMoney | |
|---|---|---|
Zerodha Review 2024 |
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.
Zerodha Vs RMoney - Brokerage charges & Plans
| Zerodha | RMoney | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Delivery | Zero Brokerage | ₹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 or 0.03%(whichever is lower) | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹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 0.03% (whichever is lower) | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Call Back Open Account |
Zerodha Vs RMoney - Margin (Exposure)
| Zerodha | RMoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (20% margin) | 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 | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(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 margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Zerodha Vs RMoney - Other Charges
| Zerodha | RMoney | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹2000/ Month | ₹1500/Monthly |
| Call & Trade Charges | ₹50/ Order | ₹18/Order |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | ₹9/Order |
| Minimum Brokerage | ₹20/ Order | ₹9/Order |
Zerodha Vs RMoney - STT/CTT
| Zerodha | RMoney | |
|---|---|---|
| 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 |
Zerodha Vs RMoney - Demat transaction charges
| Zerodha | RMoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹20 + GST per scrip only on sell |
Zerodha Vs RMoney - GST
| Zerodha | RMoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Zerodha Vs RMoney - SEBI Charges
| Zerodha | RMoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
Zerodha Vs RMoney - Features
| Zerodha | 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:45 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |