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Fyers Vs RMoney (Compare Fyers and RMoney)

About Fyers
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE. FYERS word is an acronym of 'Focus Your Energy & Reform the Self', representing the core values of the company. The company is founded by young entrepreneurs who believes in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India. Fyers is a low brokerage stock broker in...

Fyers Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

About RMoney
Incorporated in 2004, Raghunandan Money (RMoney) is an Gift City, Gandhinagar, Gujarat-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 ...

RMoney Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

Fyers Vs RMoney

Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

	Fyers	RMoney
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	NSE, MCX	BSE, NSE, MCX, NCDEX
Year of Incorporation	2015
Number of Branches	0
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Fyers Vs RMoney Charges & AMC

Fyers trading account opening charges is Rs 0 (Free) while RMoney account opening changes is Rs 0 (Free). Fyers Demat Account AMC Charges is Rs 0 (Free) and RMoney Demat Account AMC Charges is Rs 299 (Free for first year).

	Fyers	RMoney
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 299 (Free for first year)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 0 (Free)	Rs 299 (Free for first year)

Fyers Vs RMoney Brokerage

Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas RMoney brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order.

Account Type	Fyers Flat Fee Brokerage Plan	RMoney Rs 9 Per Trade Plan
Fixed Charges	NA	NA
Equity Delivery	Rs 0 (Free)	Rs 9 per executed order
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	Rs 9 per executed order
Equity Futures	Rs 20 per executed order or .03% whichever is lower	Rs 9 per executed order
Equity Options	Rs 20 per executed order	Rs 9 per executed order
Currency Futures	Rs 20 per executed order or .03% whichever is lower	Rs 9 per executed order
Currency Options	Rs 20 per executed order	Rs 9 per executed order
Commodity Futures	Rs 20 per executed order or .03% whichever is lower	Rs 9 per executed order
Commodity Options	Rs 20 per executed order	Rs 9 per executed order
Special Offer	Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.	Zerodha (Flat Rs 20 Per Trade) 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.

Fyers Vs RMoney Brokerage Plan 2

	Fyers	RMoney
Account Type	Flat Fee Brokerage Plan	Rs 999 Per Month Trade Plan
Fixed Charges	NA	Rs 999
Equity Delivery	Rs 0 (Free)	Rs 0
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	Rs 0
Equity Futures	Rs 20 per executed order or .03% whichever is lower	Rs 0
Equity Options	Rs 20 per executed order	Rs 0
Currency Futures	Rs 20 per executed order or .03% whichever is lower	Rs 0
Currency Options	Rs 20 per executed order	Rs 0
Commodity Futures	Rs 20 per executed order or .03% whichever is lower	Rs 0
Commodity Options	Rs 20 per executed order	Rs 0
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Fyers Charges Vs RMoney

Minimum Brokerage	Intra-day: Rs 7 or 2.5% whichever is lower	Rs 0
Other Charges	Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments)	Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment
Call & Trade Charges	Rs 20 per trade	Rs 0 (Unlimited Calls)

Fyers Vs RMoney Transaction Charges

Fyers transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium) while RMoney exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

	Fyers	RMoney
Equity Delivery	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures	NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options	NSE Rs 5000 per Cr (0.05%) (on premium)	NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures	NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)	NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	NSE Rs 3500 per Cr (0.035%) (on premium)	NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	NA	MCX Rs 325 (0.00325%) \| NCDEX Rs 600 per Cr(0.006%)
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Fyers Vs RMoney Leverage (Margin)

Fyers 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.

	Fyers	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 Fyers and RMoney Features

The trading platforms offered Fyers include Fyers One (In-house build). RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.

	Fyers	RMoney
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Fyers One (In-house build)	RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time	3:20 PM	Equity 3:15 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Brokerage free thematic investing is available
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Fyers Vs RMoney Review

Fyers is rated 2.9 of 5 based on 34 customer reviews whereas RMoney is rated 3.2 of 5 based on 5 customer reviews.

	Fyers	RMoney
	34 Customer Reviews	5 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Fyers is rated 2.9 of 5 based on 34 customer reviews	RMoney is rated 3.2 of 5 based on 5 customer reviews

Contact Broker / Request A Call Back

	Fyers Enquire	RMoney Enquire
Contact Broker	Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers 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.

Fyers Vs RMoney Investment Options

	Fyers	RMoney
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Corporate FD, Life Instance, General Insurance

Fyers Vs RMoney Order Type Offered

	Fyers	RMoney
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Fyers Vs RMoney Research Report

	Fyers	RMoney
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Fyers Vs RMoney Suitable For Investor Type

	Fyers	RMoney
Casual Investor
Active Investor
Trader

Fyers Vs RMoney - Pros and Cons

	Fyers	RMoney
Pros	Free equity delivery trades and thematic investments. No brokerage for this segment. Very low brokerage charges of maximum Rs 20 per trade. Free account opening. No software charges. State of art trading platforms. Thematic investment is available Refer your friends and earn 20% of the revenues generated by your friends, for life!	Offer both discount brokerage as well as full-service brokerage plans. Equity Delivery trades are brokerage free. Truly no brokerage fee for trading in Equity Cash & Carry segment ODIN trading platform is available free of cost to all customers. Unlimited free Call & Trades. Local branches in major cities across North India. Free tips, research and news alerts. Online paperless instant account opening.
Cons	Depository services are offered through another company (IL&FS). Higher demat charges. No branch offices. No good 'til canceled (GTC) orders.	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. Margin funding is not available. GTC/GTD not available in Equity. NRI Account is not available.
Reviews		Useful Articles: Flat Fee Stock Trading Broker in India
Promo / Offers	Fyers Special Offer Free Equity Delivery Trading and Mutual Funds Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O. Brokerage-free Direct Mutual Fund investment. Trade with one of the best trading platforms in India. This is a limited-time offer. Open FREE Fyers Account online and start trading today.	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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