Aditya Birla Money Vs RMoney (Compare Aditya Birla Money and RMoney)


Aditya Birla Money
Incorporated in 1994, Aditya Birla Money Ltd (ABML) is a subsidiary of Aditya Birla Capital Limited and is headquartered in Chennai. The company was formerly known as Apollo Sindhoori Capital Investments. It is engaged in stock broking business and is a member of BSE and NSE. It also holds Portfolio Management Services (PMS) license from SEBI and is a Depository Participant with National Securities Depository Limited ("NSDL") and the Central Depository Services (India) Limited ("CDSL"). The comp... Know more about Aditya Birla Money Ltd


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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Aditya Birla Money Vs RMoney

Incorporated in 1994, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  Aditya Birla Money RMoney
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Year of Incorporation 1994
Number of Branches 800
Open an Online Trading Account with Aditya Birla Money.Open an Online Trading Account with RMoney.
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Aditya Birla Money Vs RMoney Charges & AMC

Aditya Birla Money trading account opening charges is Rs 750 while RMoney account opening changes is Rs 199. Aditya Birla Money Demat Account AMC Charges is Rs 436 and RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free).

  Aditya Birla Money RMoney
Trading Account Opening Charges Rs 750 Rs 199
Trading Account AMC Charges Nil Rs 0 (Free)
Demat Account Opening Charges Nil Rs 0 (Free)
Demat Account AMC Charges Rs 436 Rs 0 for lifetime (Free)
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Aditya Birla Money Vs RMoney Brokerage Charges & Plans

Aditya Birla Money Vs RMoney Brokerage

Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03% whereas RMoney brokerage charges for equity is Rs 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower.

  Aditya Birla Money RMoney
Account Type Zero Brokerage Plans
Fixed Charges NA
Equity Delivery 0.30% Rs 0 (Free)
Equity Intraday 0.03% Rs 18 per executed order or .01% whichever is lower
Equity Futures 0.03% Rs 18 per executed order or .01% whichever is lower
Equity Options Rs 50 per lot Rs 18 per executed order or .01% whichever is lower
Currency Futures 0.03% Rs 18 per executed order or .01% whichever is lower
Currency Options Rs 50 per lot Rs 18 per executed order or .01% whichever is lower
Commodity Futures 0.03% Rs 18 per executed order or .01% whichever is lower
Commodity Options Nil
Special Offer
Special Offer: RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer

Aditya Birla Money Vs RMoney Brokerage Plan 2

  Aditya Birla Money RMoney
Account Type Happy Service Plan
Fixed Charges NA
Equity Delivery 0.30% 0.10% to 0.40%
Equity Intraday 0.03% 0.01% to 0.04%
Equity Futures 0.03% 0.005% to 0.02%
Equity Options Rs 50 per lot Rs 20 to Rs 80 per lot
Currency Futures 0.03% 0.005% to 0.02%
Currency Options Rs 50 per lot 0.005% to 0.02%
Commodity Futures 0.03% 0.005% to 0.02%
Commodity Options Nil
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Aditya Birla Money Charges Vs RMoney

Minimum Brokerage Rs 20 per executed order Rs 0
Other Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment
Call & Trade Charges Nil Rs 0 (Unlimited Calls)
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Aditya Birla Money Vs RMoney Transaction Charges

Aditya Birla Money transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while RMoney exchange transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%).

  Aditya Birla Money RMoney
Equity Delivery Rs 325 per Cr (0.00325%) NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%)
Equity Intraday Rs 325 per Cr (0.00325%) NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%
Equity Futures Rs 190 per Cr (0.0019%) NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%)
Equity Options Rs 5000 per Cr (0.05%) (on premium) NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%)
Currency Futures Rs 110 per Cr (0.0011%) NSE, BSE - Rs 150 per crore (0.0015%)
Currency Options Rs 4000 per Cr (0.04%) (on premium) NSE, BSE - Rs 7500 (on premium) per crore (0.075%)
Commodity MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%) MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%)
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Aditya Birla Money Vs RMoney Leverage (Margin)

Aditya Birla Money 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.

  Aditya Birla Money 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 Aditya Birla Money and RMoney Features

The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.

  Aditya Birla Money RMoney
3 in 1 Account No No
Charting Yes Yes
Automated Trading 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
Trading Platform Etrade, Advanced web, Mobile invest RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time 3:15 Equity 3:15 PM
Other Features Insurance and Pension scheme available
Referral Program
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Aditya Birla Money Vs RMoney Review

Aditya Birla Money is rated 2.9 of 5 based on 21 customer reviews whereas RMoney is rated 3.8 of 5 based on 4 customer reviews.

  Aditya Birla Money RMoney
  21 Customer Reviews    Rate Aditya Birla Money 4 Customer Reviews    Rate RMoney
Fees 3.1 4.8
Brokerage 3.1 4.5
Trading Platform 3.0 4.0
Customer Service 2.8 4.0
Research Capabilities 3.7 3.0
Overall Ratings Rated 2.9 stars Rated 3.8 stars
Broker Rating Aditya Birla Money is rated 2.9 of 5 based on 21 customer reviews RMoney is rated 3.8 of 5 based on 4 customer reviews
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Contact Broker / Request A Call Back

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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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Aditya Birla Money Vs RMoney Investment Options

  Aditya Birla Money 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 Corporate FD, Life Instance, General Insurance
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Aditya Birla Money Vs RMoney Order Type Offered

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

  Aditya Birla Money RMoney
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Aditya Birla Money Vs RMoney Suitable For Investor Type

  Aditya Birla Money RMoney
Casual Investor Yes Yes
Active Investor Yes
Trader Yes
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Aditya Birla Money Vs RMoney - Pros and Cons

  Aditya Birla Money RMoney
Pros
  1. ABM offers 2 in 1 account which is Trading cum Demat account
  2. No Call and Trade charges
  3. Fund transfer facility available from more than 11 banks
  4. ABM offers Portfolio Tracker which is one stop shop for your entire portfolio
  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
  1. Doesn't offer online account opening facility
  2. Brokerage calculator is not available
  3. Doesn't have Referral program
  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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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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