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Achiievers Vs RMoney (Compare Achiievers and RMoney)

Achiievers Equities Ltd Logo

About Achiievers
Incorporated in 1999, Achiievers Equities Ltd is an online discount brokerage firm offering brokerage services for stocks, futures, and options, currency and commodities on NSE, BSE & MCX. Achiievers offers a whole new way of trading going with the tagline 'Making Money Differently', made it simple wherein a client pays a nominal brokerage charge of either Rs 50 per day for Unlimited Trade or Rs 750 for unlimited trading for the entire month or can opt for a suitable brokerage plan as per con... Know more about Achiievers Equities Ltd

Raghunandan Capital Pvt Ltd Logo

About RMoney
Incorporated in 2004, Raghunandan Money (RMoney) is Agra based financial service provider. The company offers a range of financial products. This including Online Stock & Commodity Broking, Mutual Funds, IPO, Insurance (Life & General), Bonds and Corporate FDR's. 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 turnover and over 4% of MCX turnover. It has a strong presence in... Know more about Raghunandan Capital Pvt Ltd

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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)

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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.

Account Type Achiievers Flat Fee Plan RMoney 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)

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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 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.

  Achiievers 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 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 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
Margin Against Shares (Equity F&O) Yes
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 Yes
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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    Rate Achiievers 4 Customer Reviews    Rate RMoney
Fees 4.6 4.8
Brokerage 5.0 4.5
Trading Platform 4.2 4.0
Customer Service 4.2 4.0
Research Capabilities 3.0 3.0
Overall Ratings Rated 4.6 stars Rated 3.8 stars
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

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Contact Broker / Request A Call Back

  Achiievers Enquire RMoney Enquire
Contact Broker Leave your contact information and we will get in touch with you....
RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer

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Achiievers Vs RMoney Investment Options

  Achiievers 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 Corporate FD, Life Instance, General Insurance

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Achiievers Vs RMoney Order Type Offered

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

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

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Achiievers Vs RMoney Suitable For Investor Type

  Achiievers RMoney
Casual Investor Yes
Active Investor Yes
Trader Yes Yes

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Achiievers Vs RMoney - Pros and Cons

  Achiievers RMoney
Pros
  1. MEGA VALUE PLAN (MVP) the monthly unlimited trading plan @ Rs 750/ per month for trading at NSE, BSE, NSE SX and MCX.
  2. Rs 50 per day plan and Rs 15 per trade plan is also available.
  3. Trading Software's including website, mobile app and installable trading terminals are available for free.
  4. No minimum brokerage.
  5. Achiievers offers facility to invest in IPO, FPO, Mutual Funds, Insurance, FDs, NCDs and Offer For Sale (OFS).
  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
  • Call and trade facility available with additional charges of Rs 20 per trade.
  • They charge Rs 75 per month for Research recommendation on SMS.
  1. Unlimited monthly/yearly trading plans are not available. i.e. Rs 1999 for unlimited equity trading in a month.
  2. 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.
  3. Margin funding is not available.
  4. GTC/GTD not available in Equity.
  5. NRI Account is not available.
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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.

Enquire AchiieversEnquire RMoney

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