The side-by-side comparison of Geojit and RMoney. Compare Geojit Vs RMoney brokerage, charges, exposure margin, demat account. Read RMoney and Geojit review.
Find out Geojit Vs RMoney which is better and Geojit Vs RMoney which is best.
Our Geojit BNP Paribas comparison with Raghunandan Capital Pvt Ltd highlights the major differences between two brokers. Find the best between Geojit and RMoney.
Incorporated in 1987, Geojit BNP Paribas (Geojit) is one of the major stock brokers based in India. Geojit is based in Kochi, Kerala and has the strong presence in Gulf.
Geojit BNP Paribas is cash equity and derivatives broker with extensive experie...
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
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX-SX
BSE, NSE, MCX, NCDEX
Account Type
Online Trading
Zero Brokerage Plans
Broker Enquiry
Year of Incorporation
1987
Number of Branches
509
Geojit Vs RMoney Charges
Geojit BNP Paribas
Raghunandan Capital Pvt Ltd
Trading Account Opening Fees
Rs 425
₹0 (Free)
Trading Account AMC
NIL
₹0 (Free)
Demat Account Opening Fees
NIL
₹0 (Free)
Demat Account AMC
Rs 0
₹0 for lifetime (Free)
Demat Account is Mandatory?
No
No
Geojit Vs RMoney Brokerage
Brokerage Plan 1
Geojit BNP Paribas
Raghunandan Capital Pvt Ltd
Account Type
Online Trading
Zero Brokerage Plans
Fixed Charges
Equity Delivery Brokerage
0.30%
₹0 (Free)
Equity Intraday Brokerage
0.03%
₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage
0.03%
₹18 per executed order or .01% whichever is lower
Equity Options Brokerage
Rs 125 per contract
₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
0.03%
₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
Rs 125 per contract
₹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
NA
Brokerage Plan 2
Geojit BNP Paribas
Raghunandan Capital Pvt Ltd
Account Type
Online Trading
Happy Service Plan
Fixed Charges
NA
Equity Delivery Brokerage
0.30%
0.10% to 0.40%
Equity Intraday Brokerage
0.03%
0.01% to 0.04%
Equity Futures Brokerage
0.03%
0.005% to 0.02%
Equity Options Brokerage
Rs 125 per contract
₹20 to ₹80 per lot
Currency Futures Trading Brokerage
0.03%
0.005% to 0.02%
Currency Options Trading Brokerage
Rs 125 per contract
0.005% to 0.02%
Commodity Futures Trading Brokerage
NA
0.005% to 0.02%
Commodity Options Trading Brokerage
NA
Other Charges
Minimum Brokerage Charges
1p per share or Rs 20/contract whichever is higher
₹0
Other Brokerage Charges
Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment
Call & Trade Charges
₹0 (Unlimited Calls)
Geojit Vs RMoney Taxes
Geojit BNP Paribas
Raghunandan Capital Pvt Ltd
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)
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
Check table below
SEBI Charges
Rs 15 per Crore
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Charged as per the state of the client's correspondence address.
Geojit Vs RMoney Transaction Charges
Geojit BNP Paribas
Raghunandan Capital Pvt Ltd
Equity Delivery
0.00325%
NSE ₹325 per crore | BSE ₹275 per crore (0.00275%)
Equity Intraday
0.00325%
NSE ₹325 per crore | BSE ₹275 per crore (0.00275%
Equity Futures
0.0021%
NSE ₹250 per crore | BSE ₹110 per crore (0.0011%)
Equity Options
0.055% on premium
NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%)
Currency Futures
0.00145%
NSE, BSE - ₹150 per crore (0.0015%)
Currency Options
0.0473% on premium
NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity
NA
MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%)
Geojit Vs RMoney Exposure Margin
Geojit BNP Paribas
Raghunandan Capital Pvt Ltd
Equity Delivery
Upto 7x with 22% interest per year
Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5)
Equity Intraday
Upto 10x
20x (5%) (Intraday Only)
Equity Futures
No additional leverage
Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%)
Equity Options
No additional leverage
Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin
Currency Futures
No additional leverage
Intraday - 100X (1%)
Currency Options
No additional leverage
Intraday - 100X (1%)
Commodity Futures
NA
Intraday - 77X (1.3%)
Commodity Options
Geojit and RMoney Feature Comparison
Geojit BNP Paribas
Raghunandan Capital Pvt Ltd
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
Selfie Platinum, Selfie Gold, Mobile App
RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time
Equity 3:15 PM
Other Features
Referral Program
Geojit Vs RMoney Review
Geojit BNP Paribas
Raghunandan Capital Pvt Ltd
94 Customer Reviews
3 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Geojit is Rated 3.8 / 5 based on 94 customer reviews
RMoney is Rated 4.0 / 5 based on 3 customer reviews
1. Very high Options trading brokerage charges. Geojit charges Rs 125 per contract for Intraday Options and Rs 150 per contract for Options carry forward positions.
2. Geojit charges minimum brokerage of Rs 20 per Contract or 1 paisa per share whichever is higher.
3. Paper contract note by post cost additional Rs 20 per Contract or 5 paisa per share whichever is higher.
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.
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.
Zerodha
Zero Account Opening Fee