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

Aditya Birla Money Ltd Logo

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

Raghunandan Capital Pvt Ltd Logo

About RMoney
Incorporated in 2004, Raghunandan Money (RMoney) is an Agra-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 a strong presence in Northe... 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

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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 0 (Free). 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 0 (Free)
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

Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03% whereas RMoney brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order.

Account Type Aditya Birla Money RMoney Rs 9 Per Trade Plan
Fixed Charges NA
Equity Delivery 0.30% Rs 9 per executed order
Equity Intraday 0.03% Rs 9 per executed order
Equity Futures 0.03% Rs 9 per executed order
Equity Options Rs 50 per lot Rs 9 per executed order
Currency Futures 0.03% Rs 9 per executed order
Currency Options Rs 50 per lot Rs 9 per executed order
Commodity Futures 0.03% Rs 9 per executed order
Commodity Options Nil Rs 9 per executed order
Special Offer

Zerodha (Trade with the best stock broker)

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.

Zerodha (Trade with the best stock broker)

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.

Aditya Birla Money Vs RMoney Brokerage Plan 2

  Aditya Birla Money RMoney
Account Type Rs 999 Per Month Trade Plan
Fixed Charges Rs 999
Equity Delivery 0.30% Rs 0
Equity Intraday 0.03% Rs 0
Equity Futures 0.03% Rs 0
Equity Options Rs 50 per lot Rs 0
Currency Futures 0.03% Rs 0
Currency Options Rs 50 per lot Rs 0
Commodity Futures 0.03% Rs 0
Commodity Options Nil Rs 0

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 2750 per crore (0.0275%).

  Aditya Birla Money RMoney
Equity Delivery Rs 325 per Cr (0.00325%) NSE Rs 345 per crore | BSE Rs 345 per crore (0.00345%)
Equity Intraday Rs 325 per Cr (0.00325%) NSE Rs 345 per crore | BSE Rs 345 per crore (0.00345%)
Equity Futures Rs 190 per Cr (0.0019%) NSE Rs 260 per crore | BSE Rs 70 per crore (0.007%)
Equity Options Rs 5000 per Cr (0.05%) (on premium) NSE Rs 7000 per crore (0.07%) | BSE Rs 2750 per crore (0.0275%)
Currency Futures Rs 110 per Cr (0.0011%) NSE Rs 180 per crore (0.0018%) | BSE Rs 160 per crore (0.0016%)
Currency Options Rs 4000 per Cr (0.04%) (on premium) NSE Rs 5000 (on premium) per crore (0.05%) | 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 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.

  Aditya Birla Money 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 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
Trading In SME Shares Allowed?
Referral Program
Other Features Insurance and Pension scheme available

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Aditya Birla Money Vs RMoney Review

Aditya Birla Money is rated 3.0 of 5 based on 29 customer reviews whereas RMoney is rated 3.2 of 5 based on 5 customer reviews.

  Aditya Birla Money RMoney
  29 Customer Reviews    Rate Aditya Birla Money 5 Customer Reviews    Rate RMoney
Fees 3.3 4.4
Brokerage 3.2 4.2
Trading Platform 3.3 3.4
Customer Service 2.9 3.8
Research Capabilities 3.7 2.0
Overall Ratings Rated 3.0 stars Rated 3.2 stars
Broker Rating Aditya Birla Money is rated 3.0 of 5 based on 29 customer reviews RMoney is rated 3.2 of 5 based on 5 customer reviews

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Contact Broker / Request A Call Back

  Aditya Birla Money Enquire RMoney Enquire
Contact Broker 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. 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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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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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.

Open Instant Demat Account Read Reviews

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.

Open Instant Demat Account Read Reviews

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