The side-by-side comparison of AxisDirect and RMoney. Compare AxisDirect Vs RMoney brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best AxisDirect vs RMoney?
AxisDirect
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 AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers.
AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loa...
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...
Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.
AxisDirect | RMoney | |
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Type of Broker | Full Service Broker | Discount Broker |
Supported Exchnages | BSE, NSE, MCX | BSE, NSE, MCX, NCDEX |
Account Type | Standard Brokerage Plan | Zero Brokerage Plans |
Year of Incorporation | 2006 | |
Number of Branches | 56 | |
Broker Enquiry |
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AxisDirect trading account opening charges is Rs 900 while RMoney account opening changes is Rs 199. AxisDirect Demat Account AMC Charges is Rs 650 and RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free).
AxisDirect | RMoney | |
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Trading Account Opening Charges | Rs 900 | Rs 199 |
Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
Demat Account AMC Charges | Rs 650 | Rs 0 for lifetime (Free) |
AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05% whereas RMoney brokerage charges for equity is Rs 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower.
AxisDirect | RMoney | |
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Account Type | Standard Brokerage Plan | Zero Brokerage Plans |
Fixed Charges | NA | NA |
Equity Delivery Brokerage | 0.50% | Rs 0 (Free) |
Equity Intraday Brokerage | 0.05% | Rs 18 per executed order or .01% whichever is lower |
Equity Futures Brokerage | 0.05% | Rs 18 per executed order or .01% whichever is lower |
Equity Options Brokerage | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot | Rs 18 per executed order or .01% whichever is lower |
Currency Futures Trading Brokerage | 0.05% | Rs 18 per executed order or .01% whichever is lower |
Currency Options Trading Brokerage | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l | Rs 18 per executed order or .01% whichever is lower |
Commodity Futures Trading Brokerage | 0.03% | Rs 18 per executed order or .01% whichever is lower |
Commodity Options Trading Brokerage | Rs 50 per lot | |
Special Offer | Special Offer: RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer |
AxisDirect | RMoney | |
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Account Type | Standard Brokerage Plan | Happy Service Plan |
Fixed Charges | NA | NA |
Equity Delivery Brokerage | 0.50% | 0.10% to 0.40% |
Equity Intraday Brokerage | 0.05% | 0.01% to 0.04% |
Equity Futures Brokerage | 0.05% | 0.005% to 0.02% |
Equity Options Brokerage | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot | Rs 20 to Rs 80 per lot |
Currency Futures Trading Brokerage | 0.05% | 0.005% to 0.02% |
Currency Options Trading Brokerage | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l | 0.005% to 0.02% |
Commodity Futures Trading Brokerage | 0.03% | 0.005% to 0.02% |
Commodity Options Trading Brokerage | Rs 50 per lot | |
Enquire AxisDirect | Enquire RMoney |
Minimum Brokerage Charges | Rs 20 per trade | Rs 0 |
Other Brokerage Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment | |
Call & Trade Charges | Rs 20 per call | Rs 0 (Unlimited Calls) |
AxisDirect transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) while RMoney exchange transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%).
AxisDirect | RMoney | |
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Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%) |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275% |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%) |
Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) | NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%) |
Currency Futures | Rs 190 per Cr (0.0019%) | NSE, BSE - Rs 150 per crore (0.0015%) |
Currency Options | Rs 5000 per Cr (0.05%) (on premium) | NSE, BSE - Rs 7500 (on premium) per crore (0.075%) |
Commodity | MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%) | |
Enquire AxisDirect | Enquire RMoney |
AxisDirect provides the margin of Upto 10x for intraday trades whereas the RMoney margin for intraday cash is 20x (5%) (Intraday Only).
AxisDirect | RMoney | |
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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) | |
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The trading platforms offered AxisDirect include DirectTrade, Axisdirect Web, Axisdirect Mobile. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.
AxisDirect | RMoney | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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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 | ![]() |
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AxisDirect is rated 2.1 of 5 based on 69 customer reviews whereas RMoney is rated 3.8 of 5 based on 4 customer reviews.
AxisDirect | RMoney | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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AxisDirect | RMoney | |
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Cons |
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Reviews | Useful Articles: | |
Promo / Offers | Lifetime FREE AMC Demat Account + Free Call & TradeGet 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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