Fyers Vs RMoney (Compare Fyers and 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... Know more about Fyers Securities 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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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
Account Type Flat Fee Brokerage Plan Zero Brokerage Plans
Year of Incorporation 2015
Number of Branches 0
Open an Online Trading Account with Fyers.Open an Online Trading Account with RMoney.
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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 199. Fyers Demat Account AMC Charges is Rs 300 and RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free).

  Fyers RMoney
Trading Account Opening Charges Rs 0 (Free) Rs 199
Trading Account AMC Charges Rs 0 (Free) Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 300 Rs 0 for lifetime (Free)
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Fyers Vs RMoney Brokerage Charges & Plans

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 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower.

  Fyers RMoney
Account Type Flat Fee Brokerage Plan Zero Brokerage Plans
Fixed Charges NA NA
Equity Delivery Rs 0 (Free) Rs 0 (Free)
Equity Intraday Rs 20 per executed order or .03% whichever is lower Rs 18 per executed order or .01% whichever is lower
Equity Futures Rs 20 per executed order or .03% whichever is lower Rs 18 per executed order or .01% whichever is lower
Equity Options Rs 20 per executed order Rs 18 per executed order or .01% whichever is lower
Currency Futures Rs 20 per executed order or .03% whichever is lower Rs 18 per executed order or .01% whichever is lower
Currency Options Rs 20 per executed order Rs 18 per executed order or .01% whichever is lower
Commodity Futures Rs 20 per executed order or .03% whichever is lower Rs 18 per executed order or .01% whichever is lower
Commodity Options Rs 20 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.
Special Offer: RMoney Rs 0 Account Opening Fee + Rs 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 Rs 0 (Free) 0.10% to 0.40%
Equity Intraday Rs 20 per executed order or .03% whichever is lower 0.01% to 0.04%
Equity Futures Rs 20 per executed order or .03% whichever is lower 0.005% to 0.02%
Equity Options Rs 20 per executed order Rs 20 to Rs 80 per lot
Currency Futures Rs 20 per executed order or .03% whichever is lower 0.005% to 0.02%
Currency Options Rs 20 per executed order 0.005% to 0.02%
Commodity Futures Rs 20 per executed order or .03% whichever is lower 0.005% to 0.02%
Commodity Options Rs 20 per executed order
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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)
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Fyers Vs RMoney Transaction Charges

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

  Fyers RMoney
Equity Delivery Rs 325 per Cr (0.00325%) NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%)
Equity Intraday Rs 325 per Cr (0.00325%) NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%
Equity Futures Rs 240 per Cr (0.0024%) NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%)
Equity Options Rs 5900 per Cr (on premium) (0.059%) NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%)
Currency Futures Rs 240 per Cr (0.0024%) NSE, BSE - Rs 150 per crore (0.0015%)
Currency Options Rs 5900 per Cr (on premium) (0.059%) NSE, BSE - Rs 7500 (on premium) per crore (0.075%)
Commodity NA MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%)
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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
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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 No No
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo No Yes
Online Portfolio Yes Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
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 Yes
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Fyers Vs RMoney Review

Fyers is rated 3.4 of 5 based on 18 customer reviews whereas RMoney is rated 3.8 of 5 based on 4 customer reviews.

  Fyers RMoney
  18 Customer Reviews    Rate Fyers 4 Customer Reviews    Rate RMoney
Fees 3.4 4.8
Brokerage 3.8 4.5
Trading Platform 3.4 4.0
Customer Service 3.6 4.0
Research Capabilities 1.5 3.0
Overall Ratings Rated 3.4 stars Rated 3.8 stars
Broker Rating Fyers is rated 3.4 of 5 based on 18 customer reviews RMoney is rated 3.8 of 5 based on 4 customer reviews
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Contact Broker / Request A Call Back

  Fyers Enquire RMoney Enquire
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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.

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

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Fyers Vs RMoney Investment Options

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

  Fyers 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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Fyers Vs RMoney Research Report

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

  Fyers RMoney
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes
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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!
  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
  • Depository services are offered through another company (IL&FS). Higher demat charges.
  • No branch offices.
  • No good 'til canceled (GTC) orders.
  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.
Reviews Useful Articles:
Promo / Offers

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.

Lifetime FREE AMC Demat Account + Free Call & Trade

Get free lifetime free AMC demat account and pay flat Rs 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.

Open Fyers AccountEnquire RMoney

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