Fyers Vs RMoney (Compare Fyers and RMoney)
The side-by-side comparison of Fyers and RMoney. Compare Fyers Vs RMoney brokerage, charges, exposure margin, demat account. Read RMoney and Fyers review.
Find out Fyers Vs RMoney which is better and Fyers Vs RMoney which is best.
Our Fyers Securities Ltd comparison with Raghunandan Capital Pvt Ltd highlights the major differences between two brokers. Find the best between Fyers and RMoney.
Fyers Vs RMoney
Fyers
RMoney
Find more info about broker
About the Broker
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", representi...
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...
Type of Broker
Discount Broker
Discount Broker
Supported Exchnage
NSE, MCX
BSE, NSE, MCX, NCDEX
Account Type
Flat Fee Brokerage Plan
Zero Brokerage Plans
Broker Enquiry
Year of Incorporation
2015
Number of Branches
0
Enquire Fyers
Enquire RMoney
Fyers Vs RMoney Charges
Fyers
RMoney
Trading Account Opening Fees
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Demat Account Opening Fees
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400
₹0 for lifetime (Free)
Demat Account is Mandatory?
No
No
Fyers Vs RMoney Brokerage
Brokerage Plan 1
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 .01% whichever is lower
₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage
₹20 per executed order or .01% 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 .01% 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
NA
₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage
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 .01% whichever is lower
0.01% to 0.04%
Equity Futures Brokerage
₹20 per executed order or .01% 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 .01% 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
NA
0.005% to 0.02%
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
₹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 Taxes
Fyers
RMoney
Securities Transaction Tax (STT)
Equity Intraday 0.025% (on Sell trade) Equity Delivery 0.1% (on Buy and Sell) Equity Futures 0.01% (on Sell trade) Equity Options 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures Nil Currency Options Nil Commodities 0.01% 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.
Fyers Vs RMoney Transaction Charges
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%)
Fyers Vs RMoney Exposure Margin
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
Fyers and RMoney Feature Comparison
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
Fyers Vs RMoney Review
Fyers
RMoney
10 Customer Reviews
3 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Fyers is Rated 3.7 / 5 based on 10 customer reviews RMoney is Rated 4.0 / 5 based on 3 customer reviews
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 Customer Service
Fyers
RMoney
24/7 Customer Service
Onine Live Chat
Through Branches
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)
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 - Advantages and Disadvantages
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!
More Advantages...
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.
More Advantages...
Cons
Depository services are offered through another company (IL&FS). Higher demat charges.
No branch offices.
No good 'til canceled (GTC) orders.
More Disadvantages...
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.
More Disadvantages...
Reviews
Useful Articles:
Promo / Offers
Fyers offer FREE Trading Account (₹0 account opening fee). Equity delivery trades are FREE (no brokerage) , for other segments you pay ₹20 per trade flat broekrage fee.
This is a limited time offer. Simply leave your contact information with us and Fyers 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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