Upstox Vs RMoney Demat Account Comparison

Upstox (formally RKSV) is among the leading online stock brokers in India offering low cost discount stock, current derivatives & commodity broking services at BSE, NSE and MCX. Upstox offering its retail broking services since Jan 2012.

Incorporated in 2004, Raghunandan Money (RMoney) is a leading brokerage house in India. Agra based RMoney offers a wide range of financial services. This includes trading at BSE, NSE, MCX and NCDEX, investment in Mutual Funds, Corporate FD's, Life Insurance, General Insurance, Wealth Management and PAN Card related services. RMoney offers online discount brokerage plans as well as traditional full-service brokerage plans to its customers.

RMoney offers Depository services through its membership with CDSL. RMoney offers Lifetime free AMC Demat Account for no additional fee.

Sunshine Tower, 30 Floor,
Senapati Bapat Marg, Dadar (West),
Mumbai, Maharashtra, India 400013

Stock Broking and Depository Participants (DP) Services though its memberships with the NSE, BSE, MCX and CDSL.

Rs 249

Rs 150

Nil

Rs 2.00 per certificate plus courier charges of Rs 35 per demat request

Rs 25 per certificate or 0.05% of the value whichever is higher.

Rs 13 + Rs 5.50 (CDSL charges) per scrip.

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

0.05% of the transaction charges subject to a minimum of Rs 50

Rs 50 per transaction

1. Demat Rejection Charges: Rs 35 per rejection for every 500 gms.
2. Adhoc / Non periodic statement requests: Rs 25 (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 10 plus courier / postage charges.
3. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.