Axis Direct Vs RMoney
Axis Direct
Axis Direct is a full service Broker. Axis Direct Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
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.
Axis Direct Vs RMoney - Broker Details
| Axis Direct | RMoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2011 | 2004 |
| Exchanges | BSE, NSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 2500+ | 300+ |
| Brokerage | 0.05% | ₹9/Order |
| Broker Type | Full Service Broker | Full Service Broker |
Axis Direct Vs RMoney - Account Opening & AMC Charges
| Axis Direct | RMoney | |
|---|---|---|
| Trading Account Opening Charge | ₹900/- | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹750/- | ₹299( From 2nd year onwards) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Axis Direct Vs RMoney - Brokerage charges & Plans
| Axis Direct | RMoney | |
|---|---|---|
| Commodity Futures | 0.03% | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Currency Futures | 0.05% | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Delivery | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Options | ₹10/ Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Commodity Options | ₹50/ Lot | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Futures | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Currency Options | ₹10/ Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Fixed Charges | N/A | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Intraday | 0.05% | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Axis Direct Vs RMoney - Other Charges
| Axis Direct | RMoney | |
|---|---|---|
| RMS Square Off Charge | Intraday:- ₹0/- | Carry forward:- ₹10/Lot | ₹0 (Free) |
| API Charges | N/A | ₹1500/Monthly |
| Call & Trade Charges | ₹20/ Call (20th call/ Month) | ₹18/Order |
| Other Brokerage Charges | 0.05% | ₹9/Order |
| Minimum Brokerage | 0.05% | ₹9/Order |
Axis Direct Vs RMoney - Transaction Charges
| Axis Direct | RMoney | |
|---|---|---|
| Currency Options | ₹5000/Cr (0.05%) (on premium) | NSE ₹5000/Cr (on premium) (0.05%) | BSE ₹7500/Cr (on premium) (0.075%) |
| Equity Futures | NSE ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side) | NSE ₹260/Cr | BSE ₹70/Cr (0.007%) |
| Equity Intraday | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) |
| Equity Options | NSE ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (on premium) | NSE ₹7000/Cr (0.07%) | BSE ₹2750/Cr (0.0275%) |
| Commodity | N/A | MCX ₹325 (0.00325%) | NCDEX ₹600/Cr(0.006%) |
| Currency Futures | ₹190/Cr (0.0019%) | NSE ₹180/Cr (0.0018%) | BSE ₹160/Cr (0.0016%) |
| Equity Delivery | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) |
Axis Direct Vs RMoney - Margin (Exposure)
| Axis Direct | RMoney | |
|---|---|---|
| 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 (100% of trade value) |
| 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) |
Axis Direct Vs RMoney - Features
| Axis Direct | 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 & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM | Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:45 PM |
| Trading Platform | 1. Axis Direct Portal 2. Direct Trade (Desktop Trading Application) 3. Swift Trade 3.0 (Web-based trading platform). 4. Axis Direct Mobile App 5. Axis Direct Wise Advisor | 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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Axis Direct Vs RMoney - Review & Rating
| Axis Direct | RMoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Axis Direct Vs RMoney - Request a call back from Broker
| Axis Direct | RMoney | |
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Axis Direct Vs RMoney - Investment Options
| Axis Direct | RMoney | |
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| 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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Axis Direct Vs RMoney - Order Type
| Axis Direct | 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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Axis Direct Vs RMoney - Research & Report
| Axis Direct | 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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Axis Direct Vs RMoney - Daily Market Report
| Axis Direct | RMoney | |
|---|---|---|
| Daily Market Reports & News |
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Axis Direct Vs RMoney - Suitable For Investor
| Axis Direct | RMoney | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Axis Direct Vs RMoney - Pros & Cons
| Axis Direct | RMoney | |
|---|---|---|
| Pros | 1.It offers three in one account that enables the smooth transfer of funds. 2.It provides elaborated research and reports. 3.It provides various trading software that has very quick and high performance. 4. It provides personal guidance from the experts. 5. It has excellent trading platforms. | 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.They charge high for brokerage, account opening and even Annual Maintenance charges. 2. The exposure provided by the broker is the least. 3. There is no support for the commodity segment. 4. It charges fees for the trading terminal and charges a nominal fee on monthly basis. | 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. |
Axis Direct Vs RMoney - Background
| Axis Direct | RMoney | |
|---|---|---|
Axis Direct Vs RMoney - Compare All Brokers
| Axis Direct | RMoney | |
|---|---|---|
Axis Direct Vs RMoney - STT/CTT
| Axis Direct | 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 |
Axis Direct Vs RMoney - Demat transaction charges
| Axis Direct | RMoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5/Certificate or ₹50/Request, whichever is higher | ₹20 + GST per scrip only on sell |
Axis Direct Vs RMoney - GST
| Axis Direct | RMoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Axis Direct Vs RMoney - SEBI Charges
| Axis Direct | RMoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Axis Direct Vs RMoney - Account Opening & AMC Charges
Axis Direct
RMoney
Trading Account Opening Charge
₹900/-
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹750/-
₹299( From 2nd year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Axis Direct Vs RMoney
| Axis Direct | RMoney | |
|---|---|---|
Axis Direct ReviewsAxis Securities Limited is a full-service broker that is a part of Axis bank, Which is a leading private bank in India. Online Axis directs its services and various other trading financial products to the retail customers in India through Axis Direct brand. Axis direct is NSDL or CDSL participant and ranked among the top stock brokers in India with more than 4.2 lakhs active customer .. + " Vs "+ RMoney |
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.
Axis Direct Vs RMoney - Brokerage charges & Plans
| Axis Direct | RMoney | |
|---|---|---|
| Commodity Futures | 0.03% | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Currency Futures | 0.05% | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Delivery | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Options | ₹10/ Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Commodity Options | ₹50/ Lot | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Futures | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Currency Options | ₹10/ Order | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Fixed Charges | N/A | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
| Equity Intraday | 0.05% | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) |
Axis Direct Vs RMoney - Margin (Exposure)
| Axis Direct | RMoney | |
|---|---|---|
| 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 (100% of trade value) |
| 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) |
Axis Direct Vs RMoney - Other Charges
| Axis Direct | RMoney | |
|---|---|---|
| RMS Square Off Charge | Intraday:- ₹0/- | Carry forward:- ₹10/Lot | ₹0 (Free) |
| API Charges | N/A | ₹1500/Monthly |
| Call & Trade Charges | ₹20/ Call (20th call/ Month) | ₹18/Order |
| Other Brokerage Charges | 0.05% | ₹9/Order |
| Minimum Brokerage | 0.05% | ₹9/Order |
Axis Direct Vs RMoney - STT/CTT
| Axis Direct | 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 |
Axis Direct Vs RMoney - Demat transaction charges
| Axis Direct | RMoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5/Certificate or ₹50/Request, whichever is higher | ₹20 + GST per scrip only on sell |
Axis Direct Vs RMoney - GST
| Axis Direct | RMoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Axis Direct Vs RMoney - SEBI Charges
| Axis Direct | RMoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Axis Direct Vs RMoney - Features
| Axis Direct | RMoney | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| 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: 4:30PM | Commodities:- 11:00 PM | Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:45 PM |
| Trading Platform | 1. Axis Direct Portal 2. Direct Trade (Desktop Trading Application) 3. Swift Trade 3.0 (Web-based trading platform). 4. Axis Direct Mobile App 5. Axis Direct Wise Advisor | 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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