Achiievers Vs RMoney (Compare Achiievers and RMoney)
The side-by-side comparison of Achiievers and RMoney. Compare Achiievers Vs RMoney brokerage, charges, exposure margin, demat account. Read RMoney and Achiievers review.
Find out Achiievers Vs RMoney which is better and Achiievers Vs RMoney which is best.
Our Achiievers Equities Ltd comparison with Raghunandan Capital Pvt Ltd highlights the major differences between two brokers. Find the best between Achiievers and RMoney.
Achiievers Vs RMoney
Achiievers
RMoney
Find more info about broker
About the Broker
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 th...
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...
Type of Broker
Discount Broker
Discount Broker
Supported Exchnage
NSE, BSE and MCX
BSE, NSE, MCX, NCDEX
Account Type
Flat Fee Plan
Zero Brokerage Plans
Broker Enquiry
Year of Incorporation
2012
Number of Branches
1
Enquire Achiievers
Enquire RMoney
Achiievers Vs RMoney Charges
Achiievers
RMoney
Trading Account Opening Fees
₹750
₹0 (Free)
Trading Account AMC
Nil
₹0 (Free)
Demat Account Opening Fees
Nil
₹0 (Free)
Demat Account AMC
₹400
₹0 for lifetime (Free)
Demat Account is Mandatory?
No
No
Achiievers Vs RMoney Brokerage
Brokerage Plan 2
Achiievers
RMoney
Account Type
Mega Value Plan
Happy Service Plan
Fixed Charges
₹750
NA
Equity Delivery Brokerage
₹0
0.10% to 0.40%
Equity Intraday Brokerage
₹0
0.01% to 0.04%
Equity Futures Brokerage
₹0
0.005% to 0.02%
Equity Options Brokerage
₹0
₹20 to ₹80 per lot
Currency Futures Trading Brokerage
₹0
0.005% to 0.02%
Currency Options Trading Brokerage
₹0
0.005% to 0.02%
Commodity Futures Trading Brokerage
₹0
0.005% to 0.02%
Commodity Options Trading Brokerage
Brokerage Plan 3
Achiievers
RMoney
Account Type
₹50 per day each segment
Zero Brokerage Plans
Fixed Charges
NA
NA
Equity Delivery Brokerage
₹0
₹0 (Free)
Equity Intraday Brokerage
₹0
₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage
₹0
₹18 per executed order or .01% whichever is lower
Equity Options Brokerage
₹0
₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
₹0
₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹0
₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage
₹0
₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
₹15
₹0
Other Brokerage Charges
Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment
Call & Trade Charges
₹20 per trade
₹0 (Unlimited Calls)
Achiievers Vs RMoney Taxes
Achiievers
RMoney
Securities Transaction Tax (STT)
Equity Intraday 0.025% (on Sell trade) Equity Delivery 0.1% (on Buy and Sell) Equity Futures 0.01% (on Sell trade) Equity Options 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures Nil Currency Options Nil Commodities 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Achiievers Vs RMoney Transaction Charges
Achiievers
RMoney
Equity Delivery
₹350 per Cr (0.0035%)
NSE ₹325 per crore | BSE ₹275 per crore (0.00275%)
Equity Intraday
₹350 per Cr (0.0035%)
NSE ₹325 per crore | BSE ₹275 per crore (0.00275%
Equity Futures
₹390 per Cr (0.0039%)
NSE ₹250 per crore | BSE ₹110 per crore (0.0011%)
Equity Options
₹7500 per Cr (0.075%)
NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%)
Currency Futures
₹175 per Cr (0.00175%)
NSE, BSE - ₹150 per crore (0.0015%)
Currency Options
₹6500 per Cr (0.065%)
NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity
MCX Agri ₹325 per Cr (0.00325%) | Non Agri ₹460 per Cr (0.0046%)
MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%)
Achiievers Vs RMoney Exposure Margin
Achiievers
RMoney
Equity Delivery
Nil
Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5)
Equity Intraday
Upto 8x
20x (5%) (Intraday Only)
Equity Futures
Upto 3x
Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%)
Equity Options
Nil
Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin
Currency Futures
NA
Intraday - 100X (1%)
Currency Options
Upto 2x
Intraday - 100X (1%)
Commodity Futures
Upto 4x
Intraday - 77X (1.3%)
Commodity Options
Nil
Achiievers and RMoney Feature Comparison
Achiievers
RMoney
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
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
Achiievers Vs RMoney Review
Achiievers
RMoney
4 Customer Reviews
3 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Achiievers is Rated 4.8 / 5 based on 4 customer reviews RMoney is Rated 4.0 / 5 based on 3 customer reviews
Achiievers Vs RMoney Investment Options
Achiievers
RMoney
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Corporate FD, Life Instance, General Insurance
Achiievers Vs RMoney Customer Service
Achiievers
RMoney
24/7 Customer Service
Onine Live Chat
Through Branches
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)
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 - Advantages and Disadvantages
Achiievers
RMoney
Pros
MEGA VALUE PLAN (MVP) the monthly unlimited trading plan @ ₹750/ per month for trading at NSE, BSE, NSE SX and MCX.
₹50 per day plan and ₹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).
More Advantages...
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.
More Advantages...
Cons
Call and trade facility available with additional charges of ₹20 per trade.
They charge ₹75 per month for Research recommendation on SMS.
More Disadvantages...
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.
More Disadvantages...
Reviews
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Promo / Offers
Lifetime FREE AMC Demat Account + Free Call & Trade
Get free lifetime free AMC demat account and pay flat ₹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.
Zerodha
Zero Account Opening Fee