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5paisa Vs RMoney (Compare 5paisa and RMoney)

5paisa Capital Ltd Logo

About 5paisa
5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. As of March 2021, it has over 1.2 million clients. 5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges a flat 20 Rs brokerage irrespective of the size of the trade, segment, or exchange. 5Paisa ... Know more about 5paisa Capital Ltd

Raghunandan Capital Pvt Ltd Logo

About RMoney
Incorporated in 2004, Raghunandan Money (RMoney) is an Gift City, Gandhinagar, Gujarat-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 company is among the top 5 commodity brokers in India. It contributes over 8% of NCDEX daily and 4% of MCX turnover. It has ... Know more about Raghunandan Capital Pvt Ltd

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5paisa Vs RMoney

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  5paisa RMoney
Type of Broker Discount Broker Discount Broker
Exchnage Membership NSE, BSE BSE, NSE, MCX, NCDEX
Year of Incorporation 1996
Number of Branches 1
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5paisa Vs RMoney Charges & AMC

5paisa trading account opening charges is Rs 0 (Free) while RMoney account opening changes is Rs 0 (Free). 5paisa Demat Account AMC Charges is Rs 300 and RMoney Demat Account AMC Charges is Rs 299 (Free for first year).

  5paisa RMoney
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 299 (Free for first year)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 300 Rs 299 (Free for first year)

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5paisa Vs RMoney Brokerage

5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas RMoney brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order.

Account Type 5paisa Regular Account Plan RMoney Rs 9 Per Trade Plan
Fixed Charges NA NA
Equity Delivery Rs 20 per executed order Rs 9 per executed order
Equity Intraday Rs 20 per executed order Rs 9 per executed order
Equity Futures Rs 20 per executed order Rs 9 per executed order
Equity Options Rs 20 per executed order Rs 9 per executed order
Currency Futures Rs 20 per executed order Rs 9 per executed order
Currency Options Rs 20 per executed order Rs 9 per executed order
Commodity Futures Rs 20 per executed order Rs 9 per executed order
Commodity Options Rs 20 per executed order Rs 9 per executed order
Special Offer
Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

Zerodha (Flat Rs 20 Per Trade)

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.

5paisa Vs RMoney Brokerage Plan 2

  5paisa RMoney
Account Type Power Investor Pack Rs 999 Per Month Trade Plan
Fixed Charges Rs 599 per month Rs 999
Equity Delivery Rs 10 per executed order Rs 0
Equity Intraday Rs 10 per executed order Rs 0
Equity Futures Rs 10 per executed order Rs 0
Equity Options Rs 10 per executed order Rs 0
Currency Futures Rs 10 per executed order Rs 0
Currency Options Rs 10 per executed order Rs 0
Commodity Futures Rs 10 per executed order Rs 0
Commodity Options Rs 10 per executed order Rs 0
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5paisa Vs RMoney Brokerage Plan 3

  5paisa RMoney
Account Type Ultra Trader Pack Rs 9 Per Trade Plan
Fixed Charges Rs 1199 per month NA
Equity Delivery Rs 10 per executed order Rs 9 per executed order
Equity Intraday Rs 10 per executed order Rs 9 per executed order
Equity Futures Rs 10 per executed order Rs 9 per executed order
Equity Options Rs 10 per executed order Rs 9 per executed order
Currency Futures Rs 10 per executed order Rs 9 per executed order
Currency Options Rs 10 per executed order Rs 9 per executed order
Commodity Futures Rs 10 per executed order Rs 9 per executed order
Commodity Options Rs 10 per executed order Rs 9 per executed order
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5paisa Charges Vs RMoney

Minimum Brokerage Rs 20 per trade Rs 0
Other Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment
Call & Trade Charges Rs 100 per call (any number of trades in a call) Rs 0 (Unlimited Calls)

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5paisa Vs RMoney Transaction Charges

5paisa transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while RMoney exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  5paisa RMoney
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5300 per Cr (0.053%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3500 per Cr (0.035%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Grp A: 0.0026% MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%)
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5paisa Vs RMoney Leverage (Margin)

5paisa margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the RMoney margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  5paisa RMoney
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare 5paisa and RMoney Features

The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.

  5paisa RMoney
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform 5paisa Trade Station (Web, Mobile App and EXE) RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM Equity 3:15 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes
Other Features
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5paisa Vs RMoney Review

5paisa is rated 2.6 of 5 based on 94 customer reviews whereas RMoney is rated 3.2 of 5 based on 5 customer reviews.

  5paisa RMoney
  94 Customer Reviews    Rate 5paisa 5 Customer Reviews    Rate RMoney
Fees 2.9 4.4
Brokerage 3.5 4.2
Trading Platform 2.7 3.4
Customer Service 2.1 3.8
Research Capabilities 2.4 2.0
Overall Ratings Rated 2.6 stars Rated 3.2 stars
Broker Rating 5paisa is rated 2.6 of 5 based on 94 customer reviews RMoney is rated 3.2 of 5 based on 5 customer reviews

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Contact Broker / Request A Call Back

  5paisa Enquire RMoney Enquire
Contact Broker FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. 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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5paisa Vs RMoney Investment Options

  5paisa RMoney
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Mutual Funds, Insurance Corporate FD, Life Instance, General Insurance

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5paisa Vs RMoney Order Type Offered

  5paisa RMoney
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
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5paisa Vs RMoney Research Report

  5paisa RMoney
Daily Market Report No Yes
Free Tips No No
Quarterly Result Analysis No Yes
News Alerts No Yes

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5paisa Vs RMoney Suitable For Investor Type

  5paisa RMoney
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes

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5paisa Vs RMoney - Pros and Cons

  5paisa RMoney
Pros
  • Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade.
  • Free trading software's including 5paisa mobile app and trading terminal.
  • Brokerage free direct mutual funds.
  1. Offer both discount brokerage as well as full-service brokerage plans.
  2. Equity Delivery trades are brokerage free. Truly no brokerage fee for trading in Equity Cash & Carry segment
  3. ODIN trading platform is available free of cost to all customers.
  4. Unlimited free Call & Trades.
  5. Local branches in major cities across North India.
  6. Free tips, research and news alerts.
  7. Online paperless instant account opening.
Cons
  • Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  • Call & Trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call.
  • Research and advisory is available at extra cost.
  • Higher exchange turnover charges in comparison to other popular discount stock brokers.
  • NRI Trading and Demat Account is not available.
  1. RMoney QUICK Mobile Trading app is under active development. The app has performance and stability issues. App also missing key features which are part of competitor's trading app.
  2. Margin funding is not available.
  3. GTC/GTD not available in Equity.
  4. NRI Account is not available.
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Promo / Offers

5paisa Special Offer

5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.

Open Online Account Now! and start trading today.

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.

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