Edelweiss Vs RMoney (Compare Edelweiss and RMoney)

The side-by-side comparison of Edelweiss and RMoney. Compare Edelweiss Vs RMoney brokerage, charges, exposure margin, demat account. Read RMoney and Edelweiss review.

Find out Edelweiss Vs RMoney which is better and Edelweiss Vs RMoney which is best.

Our Edelweiss Broking Ltd comparison with Raghunandan Capital Pvt Ltd highlights the major differences between two brokers. Find the best between Edelweiss and RMoney.

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Edelweiss Vs RMoney

  Edelweiss RMoney
Find more info about broker
Edelweiss Broking Ltd Logo Raghunandan Capital Pvt Ltd Logo
About the Broker Incorporated in 2008, Edelweiss Broking Ltd. is a Mumbai, India based full- service stockbroking firm. The company is a part of Edelweiss Group, incorporated in 1995, a leading diversified financial services conglomerate. The Retail Broking business... Know more about Edelweiss Broking Ltd 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... Know more about Raghunandan Capital Pvt Ltd
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Account Type Edelweiss Lite Zero Brokerage Plans
Broker Enquiry Open an Online Trading Account with Edelweiss. Leave your contact info and we will get in touch with you. Open an Online Trading Account with RMoney. Leave your contact info and we will get in touch with you.
Year of Incorporation 2002
Number of Branches 237
Enquire Edelweiss Enquire RMoney
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Edelweiss Vs RMoney Charges

  Edelweiss RMoney
Trading Account Opening Fees ₹750 ₹0 (Free)
Trading Account AMC ₹0 ₹0 (Free)
Demat Account Opening Fees ₹0 ₹0 (Free)
Demat Account AMC Free (₹300 2nd year onward) ₹0 for lifetime (Free)
Demat Account is Mandatory? No No
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Edelweiss Vs RMoney Brokerage

Brokerage Plan 1

  Edelweiss RMoney
Account Type Edelweiss Lite Zero Brokerage Plans
Fixed Charges NA
Equity Delivery Brokerage ₹10 or 0.01% whichever lower ₹0 (Free)
Equity Intraday Brokerage ₹10 or 0.01% whichever lower ₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage ₹10 or 0.01% whichever lower ₹18 per executed order or .01% whichever is lower
Equity Options Brokerage ₹10 or executed order ₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage ₹10 or 0.01% whichever lower ₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹10 or executed order ₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage ₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage
Special Offer
Special Offer: [Full-service Discount Brokerage Plan] Trade @ flat ₹10 per order. Get free trading and demat account (₹750 waived on account opening) for limited time. Request a Callback.
Special Offer: RMoney ₹0 Account Opening Fee + ₹0 Demat AMC (for Life) + Free Call & Trade Get the offer

Brokerage Plan 2

  Edelweiss RMoney
Account Type Prepaid Plan (₹12,000 for 12 months) Happy Service Plan
Fixed Charges ₹12,000 + ₹1,800 (Service tax) NA
Equity Delivery Brokerage 0.30% 0.10% to 0.40%
Equity Intraday Brokerage 0.03% 0.01% to 0.04%
Equity Futures Brokerage 0.03% 0.005% to 0.02%
Equity Options Brokerage ₹90 per lot ₹20 to ₹80 per lot
Currency Futures Trading Brokerage 0.04% 0.005% to 0.02%
Currency Options Trading Brokerage ₹22 per lot 0.005% to 0.02%
Commodity Futures Trading Brokerage 0.005% to 0.02%
Commodity Options Trading Brokerage

Brokerage Plan 3

  Edelweiss RMoney
Account Type Prepaid Plan (₹1,12,000 for 12 months) Zero Brokerage Plans
Fixed Charges ₹1,12,000 + ₹16,800 (Service tax) NA
Equity Delivery Brokerage 0.10% ₹0 (Free)
Equity Intraday Brokerage 0.01% ₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage 0.01% ₹18 per executed order or .01% whichever is lower
Equity Options Brokerage ₹25 per lot ₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage 0.01% ₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹6 per lot ₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage ₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges 3 paisa per share in delivery, 1 paisa per share on Intraday and Futures ₹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)
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Edelweiss Vs RMoney Taxes

  Edelweiss RMoney
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% 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.
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Edelweiss Vs RMoney Transaction Charges

  Edelweiss RMoney
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) NSE ₹325 per crore | BSE ₹275 per crore (0.00275%)
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) NSE ₹325 per crore | BSE ₹275 per crore (0.00275%
Equity Futures NSE ₹190 per Cr (0.0019%) | BSE ₹190 per Cr (0.0019%) (each side) NSE ₹250 per crore | BSE ₹110 per crore (0.0011%)
Equity Options NSE ₹5000 per Cr (0.05%) | BSE ₹5000 per Cr (0.05%) (on premium) NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%)
Currency Futures NSE ₹115 per Cr (0.00115%) | BSE ₹115 per Cr (0.00115%) NSE, BSE - ₹150 per crore (0.0015%)
Currency Options ₹4000 per Cr (0.04%) (on premium) NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%)
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Edelweiss Vs RMoney Exposure Margin

  Edelweiss RMoney
Equity Delivery Up to 10x Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5)
Equity Intraday Up to 40x 20x (5%) (Intraday Only)
Equity Futures 40x 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 1.5x Intraday - 100X (1%)
Currency Options Nil Intraday - 100X (1%)
Commodity Futures Up to 6x Intraday - 77X (1.3%)
Commodity Options
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Edelweiss and RMoney Feature Comparison

  Edelweiss RMoney
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time 3:00 PM Equity 3:15 PM
Other Features
Referral Program
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Edelweiss Vs RMoney Review

  Edelweiss RMoney
  44 Customer Reviews    Rate Edelweiss 3 Customer Reviews    Rate RMoney
Fees 3.2 4.7
Trading Brokerage 3.2 4.7
Trading Platform Usability 3.6 4.3
Customer Service 2.8 4.0
Research Capabilities 2.5
Overall Ratings Rated 3.1 stars Rated 4.0 stars
Broker Rating Edelweiss is Rated 3.1 / 5 based on 44 customer reviews RMoney is Rated 4.0 / 5 based on 3 customer reviews
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Contact Broker / Request A Call Back

  Edelweiss Enquire RMoney Enquire
Contact Broker

[Full-service Discount Brokerage Plan] Trade @ flat ₹10 per order. Get free trading and demat account (₹750 waived on account opening) for limited time. Request a Callback.

RMoney ₹0 Account Opening Fee + ₹0 Demat AMC (for Life) + Free Call & Trade Get the offer

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Edelweiss Vs RMoney Investment Options

  Edelweiss RMoney
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Corporate FD, Life Instance, General Insurance
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Edelweiss Vs RMoney Customer Service

  Edelweiss RMoney
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes Yes
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Edelweiss Vs RMoney Order Type Offered

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

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

  Edelweiss RMoney
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes
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Edelweiss Vs RMoney - Advantages and Disadvantages

  Edelweiss RMoney
Pros
  1. Full-service broker offering discount brokerage plan.
  2. Trade at flat ₹10 per executed order across all segments.
  3. Instant online account opening: Open your Investing & Trading account in less than 15 minutes.
  4. Offer commodity trading on the same trading platform.
  5. Free research and trading tips call to all the customers.
  6. Online IPO application.

More Advantages...

  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.

More Advantages...

Cons
  1. The bracket orders are not available.
  2. Good Till canceled orders are not available.
  3. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures
  4. Call & Trade is available at an additional cost of ₹20 per call.

More Disadvantages...

  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.

More Disadvantages...

Reviews Useful Articles:
Promo / Offers

Edelweiss Lite (Discount Brokerage Plan) + Free Trading & Demat Account (for limited time only)

Edelweiss offers FREE Trading + Demat Account (₹750 waived). Get a discount trading plan offering trading @ ₹10 per order flat rate. Save over 60% on brokerage in comparison of other full-service brokers.

This is a limited time offer. Simply leave your contact information with us and Edelweiss representatives will contact you.

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.

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