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...
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 | |
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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 |
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Enquire Fyers | Enquire RMoney |
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 | |
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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) |
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 | |
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Account Type | Flat Fee Brokerage Plan | Zero Brokerage Plans |
Fixed Charges | NA | NA |
Equity Delivery Brokerage | Rs 0 (Free) | Rs 0 (Free) |
Equity Intraday Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 18 per executed order or .01% whichever is lower |
Equity Futures Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 18 per executed order or .01% whichever is lower |
Equity Options Brokerage | Rs 20 per executed order | Rs 18 per executed order or .01% whichever is lower |
Currency Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 18 per executed order or .01% whichever is lower |
Currency Options Trading Brokerage | Rs 20 per executed order | Rs 18 per executed order or .01% whichever is lower |
Commodity Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 18 per executed order or .01% whichever is lower |
Commodity Options Trading Brokerage | Rs 20 per executed order | |
Special Offer | Special Offer: Brokerage free equity delivery trading (no commission) + Max flat Rs 20 Intra-day and F&O trades. Get the offer |
Special Offer: RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer |
Fyers | RMoney | |
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Account Type | Flat Fee Brokerage Plan | Happy Service Plan |
Fixed Charges | NA | NA |
Equity Delivery Brokerage | Rs 0 (Free) | 0.10% to 0.40% |
Equity Intraday Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.01% to 0.04% |
Equity Futures Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.005% to 0.02% |
Equity Options Brokerage | Rs 20 per executed order | Rs 20 to Rs 80 per lot |
Currency Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.005% to 0.02% |
Currency Options Trading Brokerage | Rs 20 per executed order | 0.005% to 0.02% |
Commodity Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.005% to 0.02% |
Commodity Options Trading Brokerage | Rs 20 per executed order | |
Enquire Fyers | Enquire RMoney |
Minimum Brokerage Charges | Intra-day: Rs 7 or 2.5% whichever is lower | Rs 0 |
Other Brokerage 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 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 | |
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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%) |
Enquire Fyers | Enquire RMoney |
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 | |
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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 |
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 | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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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 | ![]() |
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Enquire Fyers | Enquire RMoney |
Fyers is rated 3.8 of 5 based on 16 customer reviews whereas RMoney is rated 3.8 of 5 based on 4 customer reviews.
Fyers | RMoney | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Enquire Fyers | Enquire RMoney |
Fyers | RMoney | |
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Pros |
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Cons |
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Reviews | Useful Articles: | |
Promo / Offers | Free Equity Delivery TradingGet free equity delivery trading (truly no brokerage) and pay flat Rs 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 & TradeGet 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. |
Enquire Fyers | Enquire RMoney |
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