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Fyers Vs RMoney (Compare Fyers and RMoney)

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

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...

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...

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
Supported Exchnages	NSE, MCX	BSE, NSE, MCX, NCDEX
Account Type	Flat Fee Brokerage Plan	Zero Brokerage Plans
Year of Incorporation	2015
Number of Branches	0
Broker Enquiry
	Enquire Fyers	Enquire RMoney

Fyers Vs RMoney Charges & AMC

Fyers trading account opening charges is ₹400 (Free) while RMoney account opening changes is ₹199. Fyers Demat Account AMC Charges is ₹300 and RMoney Demat Account AMC Charges is ₹0 for lifetime (Free).

	Fyers	RMoney
Trading Account Opening Charges	₹400 (Free)	₹199
Trading Account AMC Charges	₹0 (Free)	₹0 (Free)
Demat Account Opening Charges	₹0 (Free)	₹0 (Free)
Demat Account AMC Charges	₹300	₹0 for lifetime (Free)

Fyers Vs RMoney Brokerage Charges & Plans

Fyers Vs RMoney Brokerage

Fyers brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order or .03% whichever is lower whereas RMoney brokerage charges for equity is ₹0 (Free) and intraday is ₹18 per executed order or .01% whichever is lower.

	Fyers	RMoney
Account Type	Flat Fee Brokerage Plan	Zero Brokerage Plans
Fixed Charges	NA
Equity Delivery Brokerage	₹0 (Free)	₹0 (Free)
Equity Intraday Brokerage	₹20 per executed order or .03% whichever is lower	₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage	₹20 per executed order or .03% whichever is lower	₹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	₹20 per executed order or .03% whichever is lower	₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage	₹20 per executed order	₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage	₹20 per executed order
Special Offer	Special Offer: Brokerage free equity delivery trading (no commission) + Max flat ₹20 Intra-day and F&O trades. Get the offer	Special Offer: RMoney ₹0 Account Opening Fee + ₹0 Demat AMC (for Life) + Free Call & Trade Get the offer

Fyers Vs RMoney Brokerage Plan 2

	Fyers	RMoney
Account Type	Flat Fee Brokerage Plan	Happy Service Plan
Fixed Charges	NA	NA
Equity Delivery Brokerage	₹0 (Free)	0.10% to 0.40%
Equity Intraday Brokerage	₹20 per executed order or .03% whichever is lower	0.01% to 0.04%
Equity Futures Brokerage	₹20 per executed order or .03% whichever is lower	0.005% to 0.02%
Equity Options Brokerage	₹20 per executed order	₹20 to ₹80 per lot
Currency Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower	0.005% to 0.02%
Currency Options Trading Brokerage	₹20 per executed order	0.005% to 0.02%
Commodity Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower	0.005% to 0.02%
Commodity Options Trading Brokerage	₹20 per executed order
	Enquire Fyers	Enquire RMoney

Fyers Charges Vs RMoney

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

Fyers Vs RMoney Transaction Charges

Fyers transaction charges for options is ₹5900 per Cr (on premium) (0.059%) while RMoney exchange transaction charges for options is NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%).

	Fyers	RMoney
Equity Delivery	₹325 per Cr (0.00325%)	NSE ₹325 per crore \| BSE ₹275 per crore (0.00275%)
Equity Intraday	₹325 per Cr (0.00325%)	NSE ₹325 per crore \| BSE ₹275 per crore (0.00275%
Equity Futures	₹240 per Cr (0.0024%)	NSE ₹250 per crore \| BSE ₹110 per crore (0.0011%)
Equity Options	₹5900 per Cr (on premium) (0.059%)	NSE ₹7000 per crore (0.07%) \| BSE ₹4500 per crore (0.045%)
Currency Futures	₹240 per Cr (0.0024%)	NSE, BSE - ₹150 per crore (0.0015%)
Currency Options	₹5900 per Cr (on premium) (0.059%)	NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity	NA	MCX ₹325 (0.00325%) \| NCDEX ₹600 per Cr(0.006%)
	Enquire Fyers	Enquire RMoney

Fyers Vs RMoney Leverage (Margin)

Fyers provides the margin of Up to 16x (based on the stock) for intraday trades whereas the RMoney margin for intraday cash is 20x (5%) (Intraday Only).

	Fyers	RMoney
Equity Delivery	1 times	Zero Brokerage Plan: 1x \| Happy Service Plan: 3x (balance on T+5)
Equity Intraday	Up to 16x (based on the stock)	20x (5%) (Intraday Only)
Equity Futures	Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%)
Equity Options	Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x	Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin
Currency Futures	Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Intraday - 100X (1%)
Currency Options	Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)	Intraday - 100X (1%)
Commodity Futures	NA	Intraday - 77X (1.3%)
Commodity Options
	Enquire Fyers	Enquire RMoney

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 Available
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
Other Features	Brokerage free thematic investing is available
Referral Program
	Enquire Fyers	Enquire RMoney

Fyers Vs RMoney Review

Fyers is rated 4.0 of 5 based on 14 customer reviews whereas RMoney is rated 4.0 of 5 based on 3 customer reviews.

	Fyers	RMoney
	14 Customer Reviews	3 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Fyers is rated 4.0 of 5 based on 14 customer reviews	RMoney is rated 4.0 of 5 based on 3 customer reviews

Contact Broker / Request A Call Back

	Fyers Enquire	RMoney Enquire
Contact Broker	Brokerage free equity delivery trading (no commission) + Max flat ₹20 Intra-day and F&O trades. Get the offer Name Phone # Email City Name State Are you a day trader?	RMoney ₹0 Account Opening Fee + ₹0 Demat AMC (for Life) + Free Call & Trade Get the offer Name Phone # Email City Name State Are you a day trader?

Fyers Vs RMoney Investment Options

	Fyers	RMoney
Stock / Equity
Commodity
Currency
Initial Public Offers (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)
	Enquire Fyers	Enquire RMoney

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 ₹20 per trade. 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.	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. 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	Free Equity Delivery Trading Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Fyers, simply leave your contact information with us and Fyers representatives will call 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.
	Enquire Fyers	Enquire RMoney

Compare More Brokers...

Fyers	RMoney
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