AxisDirect Vs RMoney (Compare AxisDirect and RMoney)
The side-by-side comparison of AxisDirect and RMoney. Compare AxisDirect Vs RMoney brokerage, charges, exposure margin, demat account. Read RMoney and AxisDirect review.
Find out AxisDirect Vs RMoney which is better and AxisDirect Vs RMoney which is best.
Our Axis Securities comparison with Raghunandan Capital Pvt Ltd highlights the major differences between two brokers. Find the best between AxisDirect and RMoney.
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDir...
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
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX, NCDEX
Account Type
Trade@20 (SA75000)
Zero Brokerage Plans
Broker Enquiry
Year of Incorporation
2006
Number of Branches
56
AxisDirect Vs RMoney Charges
Axis Securities
Raghunandan Capital Pvt Ltd
Trading Account Opening Fees
₹900 (3 in 1 account)
₹0 (Free)
Trading Account AMC
₹0
₹0 (Free)
Demat Account Opening Fees
₹0
₹0 (Free)
Demat Account AMC
₹650 (free for 1st year)
₹0 for lifetime (Free)
Demat Account is Mandatory?
No
No
AxisDirect Vs RMoney Brokerage
Brokerage Plan 1
Axis Securities
Raghunandan Capital Pvt Ltd
Account Type
Trade@20 (SA75000)
Zero Brokerage Plans
Fixed Charges
Equity Delivery Brokerage
₹20 per executed order
₹0 (Free)
Equity Intraday Brokerage
₹20 per executed order
₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage
₹20 per executed order
₹18 per executed order or .01% whichever is lower
Equity Options Brokerage
₹20 per executed order
₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
NA
₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
NA
₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage
NA
₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage
NA
Brokerage Plan 2
Axis Securities
Raghunandan Capital Pvt Ltd
Account Type
Fixed Brokerage Plan
Happy Service Plan
Fixed Charges
NA
Equity Delivery Brokerage
0.50% (Each Leg)
0.10% to 0.40%
Equity Intraday Brokerage
0.05% (Each Leg)
0.01% to 0.04%
Equity Futures Brokerage
0.05% (Each Leg)
0.005% to 0.02%
Equity Options Brokerage
Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
₹20 to ₹80 per lot
Currency Futures Trading Brokerage
0.05% (Each Leg)
0.005% to 0.02%
Currency Options Trading Brokerage
Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l
0.005% to 0.02%
Commodity Futures Trading Brokerage
0.03% (Each Leg)
0.005% to 0.02%
Commodity Options Trading Brokerage
₹50 per lot
Other Charges
Minimum Brokerage Charges
₹20 per trade
₹0
Other Brokerage Charges
Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment
Call & Trade Charges
₹20 per call
₹0 (Unlimited Calls)
AxisDirect Vs RMoney Taxes
Axis Securities
Raghunandan Capital Pvt Ltd
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)
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
Check table below
SEBI Charges
Rs 15 per Crore
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Charged as per the state of the client's correspondence address.
AxisDirect Vs RMoney Transaction Charges
Axis Securities
Raghunandan Capital Pvt Ltd
Equity Delivery
0.00325% (₹325/Cr)
NSE ₹325 per crore | BSE ₹275 per crore (0.00275%)
Equity Intraday
0.00325% (₹325/Cr)
NSE ₹325 per crore | BSE ₹275 per crore (0.00275%
Equity Futures
0.0019% (₹190/Cr)
NSE ₹250 per crore | BSE ₹110 per crore (0.0011%)
Equity Options
0.05% (₹5000/crore)
NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%)
Currency Futures
0.0019% (₹190/Cr)
NSE, BSE - ₹150 per crore (0.0015%)
Currency Options
0.05% (₹5000/crore)
NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity
MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%)
AxisDirect Vs RMoney Exposure Margin
Axis Securities
Raghunandan Capital Pvt Ltd
Equity Delivery
100% (1x)
Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5)
Equity Intraday
Upto 10x
20x (5%) (Intraday Only)
Equity Futures
100% (1x)
Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%)
Equity Options
100% (1x)
Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin
Currency Futures
100% (1x)
Intraday - 100X (1%)
Currency Options
100% (1x)
Intraday - 100X (1%)
Commodity Futures
3x
Intraday - 77X (1.3%)
Commodity Options
100% (1x)
AxisDirect and RMoney Feature Comparison
Axis Securities
Raghunandan Capital Pvt Ltd
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
DirectTrade, Axisdirect Web, Axisdirect Mobile
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
Referral Program
AxisDirect Vs RMoney Review
Axis Securities
Raghunandan Capital Pvt Ltd
48 Customer Reviews
3 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
AxisDirect is Rated 2.2 / 5 based on 48 customer reviews
RMoney is Rated 4.0 / 5 based on 3 customer reviews
Contact Broker / Request A Call Back
Axis Securities
Raghunandan Capital Pvt Ltd
Contact / Request Call Back
AxisDirect Vs RMoney Investment Options
Axis Securities
Raghunandan Capital Pvt Ltd
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Loans, ETF, Corporate FD
Corporate FD, Life Instance, General Insurance
AxisDirect Vs RMoney Customer Service
Axis Securities
Raghunandan Capital Pvt Ltd
24/7 Customer Service
Onine Live Chat
Through Branches
AxisDirect Vs RMoney Order Type Offered
Axis Securities
Raghunandan Capital Pvt Ltd
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
AxisDirect Vs RMoney Research Report
Axis Securities
Raghunandan Capital Pvt Ltd
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
AxisDirect Vs RMoney Suitable For Investor Type
Axis Securities
Raghunandan Capital Pvt Ltd
Casual Investor
Active Investor
Trader
AxisDirect Vs RMoney - Advantages and Disadvantages
Axis Securities
Raghunandan Capital Pvt Ltd
Pros
Brokerage of flat ₹20 per trade in Equity and Equity Derivatives.
Offers 3-in-1 investment account
Free research reports
Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
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.
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