Finvasia Vs RMoney (Compare Finvasia and RMoney)

The side-by-side comparison of Finvasia and RMoney. Compare Finvasia Vs RMoney brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Finvasia vs RMoney?


Finvasia
Finvasia is India based technology-driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset management, investment banking, advisory, and currency hedging. Finvasia cater to retail, institutional and foreign customers. Honest Pricing. Leading-edge Platform. Exceptional Service. Finvasia Founders Finvasia Securities is based in Chandigarh, In... Know more about Finvasia Securities Pvt 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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Finvasia Vs RMoney

Incorporated in 2013, Finvasia is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  Finvasia RMoney
Type of Broker Discount Broker Discount Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Account Type Standard Zero Brokerage Plans
Year of Incorporation 2013
Number of Branches 1
Broker Enquiry Open an Online Trading Account with Finvasia. 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.
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Finvasia Vs RMoney Charges & AMC

Finvasia trading account opening charges is ₹0 (Free) while RMoney account opening changes is ₹199. Finvasia Demat Account AMC Charges is ₹0 per year (Lifetime Zero AMC) and RMoney Demat Account AMC Charges is ₹0 for lifetime (Free).

  Finvasia RMoney
Trading Account Opening Charges ₹0 (Free) ₹199
Trading Account AMC Charges ₹0 (Free) ₹0 (Free)
Demat Account Opening Charges ₹0 (Free) ₹0 (Free)
Demat Account AMC Charges ₹0 per year (Lifetime Zero AMC) ₹0 for lifetime (Free)
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Finvasia Vs RMoney Brokerage Charges & Plans

Finvasia Vs RMoney Brokerage

Finvasia brokerage charges for equity is ₹0 and intraday is ₹0 whereas RMoney brokerage charges for equity is ₹0 (Free) and intraday is ₹18 per executed order or .01% whichever is lower.

  Finvasia RMoney
Account Type Standard Zero Brokerage Plans
Fixed Charges NA
Equity Delivery Brokerage ₹0 ₹0 (Free)
Equity Intraday Brokerage ₹0 ₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage ₹0 ₹18 per executed order or .01% whichever is lower
Equity Options Brokerage ₹0 ₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage ₹0 ₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹0 ₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage ₹0 ₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage ₹0
Special Offer
Special Offer: RMoney ₹0 Account Opening Fee + ₹0 Demat AMC (for Life) + Free Call & Trade Get the offer

Finvasia Vs RMoney Brokerage Plan 2

  Finvasia RMoney
Account Type Standard Happy Service Plan
Fixed Charges NA NA
Equity Delivery Brokerage ₹0 0.10% to 0.40%
Equity Intraday Brokerage ₹0 0.01% to 0.04%
Equity Futures Brokerage ₹0 0.005% to 0.02%
Equity Options Brokerage ₹0 ₹20 to ₹80 per lot
Currency Futures Trading Brokerage ₹0 0.005% to 0.02%
Currency Options Trading Brokerage ₹0 0.005% to 0.02%
Commodity Futures Trading Brokerage ₹0 0.005% to 0.02%
Commodity Options Trading Brokerage ₹0
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Finvasia Charges Vs RMoney

Minimum Brokerage Charges ₹0 ₹0
Other Brokerage Charges Bracket Orders in NEST: ₹99 per month Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment
Call & Trade Charges ₹0 ₹0 (Unlimited Calls)
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Finvasia Vs RMoney Transaction Charges

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

  Finvasia RMoney
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side) NSE ₹325 per crore | BSE ₹275 per crore (0.00275%)
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (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 ₹5000 per Cr (0.05%) (on premium) NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%)
Currency Futures ₹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 ₹260 per Cr (0.0026%) MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%)
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Finvasia Vs RMoney Leverage (Margin)

Finvasia provides the margin of up to 10x for intraday trades whereas the RMoney margin for intraday cash is 20x (5%) (Intraday Only).

  Finvasia RMoney
Equity Delivery 1x Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5)
Equity Intraday up to 10x 20x (5%) (Intraday Only)
Equity Futures 2x Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%)
Equity Options 1x Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin
Currency Futures 1x Intraday - 100X (1%)
Currency Options 1x Intraday - 100X (1%)
Commodity Futures 2x Intraday - 77X (1.3%)
Commodity Options 1x
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Compare Finvasia and RMoney Features

The trading platforms offered Finvasia include Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.

  Finvasia RMoney
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash) No Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time 3:15 PM Equity 3:15 PM
Other Features Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
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Finvasia Vs RMoney Review

Finvasia is rated 4.4 of 5 based on 25 customer reviews whereas RMoney is rated 4.0 of 5 based on 3 customer reviews.

  Finvasia RMoney
  25 Customer Reviews    Rate Finvasia 3 Customer Reviews    Rate RMoney
Fees 4.6 4.7
Trading Brokerage 4.9 4.7
Trading Platform Usability 3.2 4.3
Customer Service 4.4 4.0
Research Capabilities 2.5
Overall Ratings Rated 4.4 stars Rated 4.0 stars
Broker Rating Finvasia is rated 4.4 of 5 based on 25 customer reviews RMoney is rated 4.0 of 5 based on 3 customer reviews
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RMoney ₹0 Account Opening Fee + ₹0 Demat AMC (for Life) + Free Call & Trade Get the offer

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Finvasia Vs RMoney Investment Options

  Finvasia RMoney
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options Corporate FD, Life Instance, General Insurance
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Finvasia Vs RMoney Order Type Offered

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

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

  Finvasia RMoney
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes
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Finvasia Vs RMoney - Pros and Cons

  Finvasia RMoney
Pros
  • Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
  • Doesn't charge any trade clearing charges.
  • A variety of trading platforms are available for the trader to choose from.
  • Provides trading API and support Algo trading tools.
  • Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
  • Call & trade is available for free to all the customers.
  • GTC orders are available in MCX.
  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
  • Scalpter, the web-based trading platform has only 1 min charting frame.
  • Bracket orders are chargeable.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.
  • Finvasia is an online stock broker. It doesn't have branch offices.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding.
  • Leverage offered is on the lower side in comparison with other discount brokers.
  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 ₹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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