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RMoney FAQs (Frequently Asked Questions)


31.12% 3,956 Clients

Zerodha (Trade with the best stock broker)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Incorporated in 2004, Raghunandan Money (RMoney) is an Agra-based financial service provider. The company offers a range of financial products and services. These include Online Stock & Commodity Broking, Mutual Funds, IPO, Insurance (Life & General), Bonds, and Corporate FDRs. Raghunandan Money is a member of NSE, BSE, MCX, NCDEX, and CDSL. The c... Know more about Raghunandan Capital Pvt Ltd

Do you have questions about RMoney share trading account or RMoney Demat account?

Get all your share trading doubts and questions answered by reading the RMoney demat, trading account information FAQ. All RMoney questions, RMoney q&a, RMoney faq and RMoney questions and answers.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Frequently Asked Questions

  1. 1. Does RMoney Trading software's are built in-house?

    No, RMoney uses 3rd party ODIN Trading Platform. The ODIN Web, desktop and mobile apps are rebranded for RMoney.

     

  2. 2. What is the meaning of 'Flexible Trading Limits' under Zero Brokerage plan with RMoney? What is the process and prerequisites to avail additional trading limits under this plan?

    Under Zero Brokerage Plan, broker allow selected customers higher limits as compared to the prescribed terms for the product. This can be availed by frequent traders but the final approval lies at the discretion of RMoney only.

     

  3. 3. Does RMoney allows short selling?

    Yes, the broker allows short selling in equity intraday, derivatives, and commodities.

     

  4. 4. Does RMoney offers CO/BO?

    RMoney offer Cover Order (CO). BO (bracket order) would be launched soon.

     

  5. 5. Does RMoney charge additional fee for MIS/BO/CO positions which are squared off by the broker?

    No charges.

     

  6. 6. How much RMoney charge for physical contact notes?

    Rs 20 per contract note. Electronic mode is free.

     

  7. 7. How much RMoney charges for Trade SMS Alerts?

    Rs 100 per month per segment.

     

  8. 8. How much RMoney charges for fund transfer?

    The fund transfer is available for free.

     

FAQs

  1. What is AMC for RMoney?

    RMoney charges Rs 0 (Free) Annual Maintenance Charge (AMC) for a trading account and Rs 0 for lifetime (Free) for a Demat account. AMC is charged to maintain the accounts.

  2. How much RMoney charge for delivery?

    RMoney charge Rs 9 per executed order for equity delivery trade. These trades are also known as cash & carry trades or CNC.

    Espresso customer also has to pay taxes, demat debit transaction fee (Rs 13.5 per trade) and exchange transaction charges.

  3. How much RMoney charge for intraday?

    RMoney charge Rs 9 per executed order for intra-day trades. These orders are also known as Margin Intraday Square-up or MIS orders. All open intraday orders are auto squared-off at the end of the day. Extra leverage is offered for these trades.

    In addition you have to pay taxes and exchange transaction charges.

  4. How much RMoney charge for futures?

    RMoney charge Rs 9 per executed order for equity, currency and commodity futures trading.

  5. How much RMoney charge for options?

    RMoney charges Rs 9 per executed order for equity, currency and commodity options trading. Options are highly leveraged derivative products. Options trading is used in many ways including hedging or to reduce the risk exposure of the portfolio.

  6. How much RMoney charge for commodity?

    RMoney brokerage charges for commodity futures is Rs 9 per executed order and commodity options is Rs 9 per executed order. Commodities futures are agreements to buy or sell raw material (food, energy or metal) at a specific date in the future at a particular price. Commodity options contracts are the right to buy (call option) or sell (put option) underlying commodity futures at predetermined prices on the date of contract expiry.

  7. How much RMoney charge for currency trading?

    RMoney charge Rs 9 per executed order for currency futures trading and Rs 9 per executed order for currency options trading.

  8. What are transaction charges in RMoney?

    Transaction Charges (or Exchange Turnover Charges) is a fee charged by the stock exchanges for trades done through them. Most brokers include clearing charges to it. These charges can be seen in the contract note.

    RMoney Transaction Charges 2022
    SegmentTransaction Fee
    Equity DeliveryNSE Rs 345 per crore | BSE Rs 345 per crore (0.00345%)
    Equity IntradayNSE Rs 345 per crore | BSE Rs 345 per crore (0.00345%)
    Equity FuturesNSE Rs 260 per crore | BSE Rs 70 per crore (0.007%)
    Equity OptionsNSE Rs 7000 per crore (0.07%) | BSE Rs 2750 per crore (0.0275%)
    Currency FuturesNSE Rs 180 per crore (0.0018%) | BSE Rs 160 per crore (0.0016%)
    Currency OptionsNSE Rs 5000 (on premium) per crore (0.05%) | BSE Rs 7500 (on premium) per crore (0.075%)
    CommodityMCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%)
  9. Does RMoney offer IPO?

    Yes. RMoney offers online IPO applications to its customers. Initial Public Offer (IPO) offers an early opportunity to buy shares of companies that are not previously traded publicly.

  10. Does RMoney offers Mutual Funds?

    Yes. You can buy/sell Mutual Funds if you have an account with RMoney.

  11. Do RMoney offer margin funding for share/commodity trading?

    No. RMoney doesn't provide margin funding.

  12. What is RMoney intraday auto square-off time?

    RMoney auto square-off all open intraday positions at Equity 3:15 PM.

  13. Does RMoney provide trading tips or investment strategies?

    No. RMoney doesn't provide trading tips for stock and commodity trading to its customers.

Zerodha (Trade with the best stock broker)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Information on this page was last updated on Wednesday, August 24, 2022

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.


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