Achiievers Vs RMoney (Compare Achiievers and RMoney)

Achiievers Vs RMoney

Incorporated in 2012, Achiievers is a Discount Broker. It offers trading at NSE, BSE and MCX. 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.

	Achiievers	RMoney
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	NSE, BSE and MCX	BSE, NSE, MCX, NCDEX
Year of Incorporation	2012
Number of Branches	1
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Achiievers Vs RMoney Charges & AMC

Achiievers trading account opening charges is Rs 150 while RMoney account opening changes is Rs 199. Achiievers Demat Account AMC Charges is Rs 400 and RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free).

	Achiievers	RMoney
Trading Account Opening Charges	Rs 150	Rs 199
Trading Account AMC Charges	Nil	Rs 0 (Free)
Demat Account Opening Charges	Nil	Rs 0 (Free)
Demat Account AMC Charges	Rs 400	Rs 0 for lifetime (Free)

Achiievers Vs RMoney Brokerage

Achiievers brokerage charges for equity is Rs 15 and intraday is Rs 15 whereas RMoney brokerage charges for equity is Rs 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower.

	Achiievers	RMoney
Account Type	Flat Fee Plan	Zero Brokerage Plans
Fixed Charges	NA	NA
Equity Delivery	Rs 15	Rs 0 (Free)
Equity Intraday	Rs 15	Rs 18 per executed order or .01% whichever is lower
Equity Futures	Rs 15	Rs 18 per executed order or .01% whichever is lower
Equity Options	Rs 15	Rs 18 per executed order or .01% whichever is lower
Currency Futures	Rs 15	Rs 18 per executed order or .01% whichever is lower
Currency Options	Rs 15	Rs 18 per executed order or .01% whichever is lower
Commodity Futures	Rs 15	Rs 18 per executed order or .01% whichever is lower
Commodity Options
Special Offer		Special Offer: RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer

Achiievers Vs RMoney Brokerage Plan 2

	Achiievers	RMoney
Account Type	Mega Value Plan	Happy Service Plan
Fixed Charges	Rs 750 (Per Segment)	NA
Equity Delivery	Rs 1 per executed order	0.10% to 0.40%
Equity Intraday	Rs 1 per executed order	0.01% to 0.04%
Equity Futures	Rs 1 per executed order	0.005% to 0.02%
Equity Options	Rs 1 per executed order	Rs 20 to Rs 80 per lot
Currency Futures	Rs 1 per executed order	0.005% to 0.02%
Currency Options	Rs 1 per executed order	0.005% to 0.02%
Commodity Futures	Rs 1 per executed order	0.005% to 0.02%
Commodity Options	Rs 1 per executed order
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Achiievers Vs RMoney Brokerage Plan 3

	Achiievers	RMoney
Account Type	Per Day Plan	Zero Brokerage Plans
Fixed Charges	Rs 50 per day (each segment)	NA
Equity Delivery	Rs 1 per executed order	Rs 0 (Free)
Equity Intraday	Rs 1 per executed order	Rs 18 per executed order or .01% whichever is lower
Equity Futures	Rs 1 per executed order	Rs 18 per executed order or .01% whichever is lower
Equity Options	Rs 1 per executed order	Rs 18 per executed order or .01% whichever is lower
Currency Futures	Rs 1 per executed order	Rs 18 per executed order or .01% whichever is lower
Currency Options	Rs 1 per executed order	Rs 18 per executed order or .01% whichever is lower
Commodity Futures	Rs 1 per executed order	Rs 18 per executed order or .01% whichever is lower
Commodity Options	Rs 1 per executed order
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Achiievers Charges Vs RMoney

Minimum Brokerage	Rs 15	Rs 0
Other Charges		Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment
Call & Trade Charges	Rs 20 per trade	Rs 0 (Unlimited Calls)

Achiievers Vs RMoney Transaction Charges

Achiievers transaction charges for options is Rs 7500 per Cr (0.075%) while RMoney exchange transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%).

	Achiievers	RMoney
Equity Delivery	Rs 350 per Cr (0.0035%)	NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%)
Equity Intraday	Rs 350 per Cr (0.0035%)	NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%
Equity Futures	Rs 390 per Cr (0.0039%)	NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%)
Equity Options	Rs 7500 per Cr (0.075%)	NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%)
Currency Futures	Rs 175 per Cr (0.00175%)	NSE, BSE - Rs 150 per crore (0.0015%)
Currency Options	Rs 6500 per Cr (0.065%)	NSE, BSE - Rs 7500 (on premium) per crore (0.075%)
Commodity	MCX Agri Rs 325 per Cr (0.00325%) | Non Agri Rs 460 per Cr (0.0046%)	MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%)
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Achiievers Vs RMoney Leverage (Margin)

Achiievers margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the RMoney margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Achiievers	RMoney
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Achiievers and RMoney Features

The trading platforms offered Achiievers include NOW Online, NOW Trader. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.

	Achiievers	RMoney
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	NOW Online, NOW Trader	RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time	3:15 PM	Equity 3:15 PM
Other Features
Referral Program
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Achiievers Vs RMoney Review

Achiievers is rated 4.6 of 5 based on 5 customer reviews whereas RMoney is rated 3.8 of 5 based on 4 customer reviews.

	Achiievers	RMoney
	5 Customer Reviews	4 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Achiievers is rated 4.6 of 5 based on 5 customer reviews	RMoney is rated 3.8 of 5 based on 4 customer reviews

Achiievers Vs RMoney Investment Options

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

Achiievers Vs RMoney Order Type Offered

	Achiievers	RMoney
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Achiievers Vs RMoney Research Report

	Achiievers	RMoney
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Achiievers Vs RMoney Suitable For Investor Type

	Achiievers	RMoney
Casual Investor
Active Investor
Trader

Achiievers Vs RMoney - Pros and Cons

	Achiievers	RMoney
Pros	MEGA VALUE PLAN (MVP) the monthly unlimited trading plan @ Rs 750/ per month for trading at NSE, BSE, NSE SX and MCX. Rs 50 per day plan and Rs 15 per trade plan is also available. Trading Software's including website, mobile app and installable trading terminals are available for free. No minimum brokerage. Achiievers offers facility to invest in IPO, FPO, Mutual Funds, Insurance, FDs, NCDs and Offer For Sale (OFS).	Offer both discount brokerage as well as full-service brokerage plans. Equity Delivery trades are brokerage free. Truly no brokerage fee for trading in Equity Cash & Carry segment ODIN trading platform is available free of cost to all customers. Unlimited free Call & Trades. Local branches in major cities across North India. Free tips, research and news alerts. Online paperless instant account opening.
Cons	Call and trade facility available with additional charges of Rs 20 per trade. They charge Rs 75 per month for Research recommendation on SMS.	Unlimited monthly/yearly trading plans are not available. i.e. Rs 1999 for unlimited equity trading in a month. 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. Margin funding is not available. GTC/GTD not available in Equity. NRI Account is not available.
Reviews		Useful Articles: Flat Fee Stock Trading Broker in India
Promo / Offers		Lifetime FREE AMC Demat Account + Free Call & Trade Get free lifetime free AMC demat account and pay flat Rs 18 brokerage. In addition, get free account opening and free call & trade. To open an account, simply leave your contact information and RMoney representatives will call you.
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