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Geojit Vs RMoney (Compare Geojit and RMoney)


Geojit BNP Paribas Logo

Geojit
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 experience in Portfolio Management Services and the distribution of financial products: mutual funds and life insurance. Geojit provides stock trading at NSE and BSE stock exchanges through a strong network of around 500 branches and its state of art onl... Know more about Geojit BNP Paribas


Raghunandan Capital Pvt Ltd Logo

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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Geojit Vs RMoney

Incorporated in 1987, Geojit is a Full Service Broker. It offers trading at BSE, NSE, MCX-SX. It has 509 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  Geojit RMoney
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX-SX BSE, NSE, MCX, NCDEX
Year of Incorporation 1987
Number of Branches 509
Open an Online Trading Account with Geojit.Open an Online Trading Account with RMoney.
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Geojit Vs RMoney Charges & AMC

Geojit trading account opening charges is Rs 425 while RMoney account opening changes is Rs 199. Geojit Demat Account AMC Charges is Rs 700 and RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free).

  Geojit RMoney
Trading Account Opening Charges Rs 425 Rs 199
Trading Account AMC Charges NIL Rs 0 (Free)
Demat Account Opening Charges NIL Rs 0 (Free)
Demat Account AMC Charges Rs 700 Rs 0 for lifetime (Free)
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Geojit Vs RMoney Brokerage Charges & Plans

Geojit Vs RMoney Brokerage

Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas RMoney brokerage charges for equity is Rs 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower.

  Geojit RMoney
Account Type Online Trading Zero Brokerage Plans
Fixed Charges NA
Equity Delivery 0.30% Rs 0 (Free)
Equity Intraday 0.03% Rs 18 per executed order or .01% whichever is lower
Equity Futures 0.03% Rs 18 per executed order or .01% whichever is lower
Equity Options Rs 125 per contract Rs 18 per executed order or .01% whichever is lower
Currency Futures 0.03% Rs 18 per executed order or .01% whichever is lower
Currency Options Rs 125 per contract Rs 18 per executed order or .01% whichever is lower
Commodity Futures NA Rs 18 per executed order or .01% whichever is lower
Commodity Options NA
Special Offer
Special Offer: RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer

Geojit Vs RMoney Brokerage Plan 2

  Geojit RMoney
Account Type Online Trading Happy Service Plan
Fixed Charges NA
Equity Delivery 0.30% 0.10% to 0.40%
Equity Intraday 0.03% 0.01% to 0.04%
Equity Futures 0.03% 0.005% to 0.02%
Equity Options Rs 125 per contract Rs 20 to Rs 80 per lot
Currency Futures 0.03% 0.005% to 0.02%
Currency Options Rs 125 per contract 0.005% to 0.02%
Commodity Futures NA 0.005% to 0.02%
Commodity Options NA
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Geojit Charges Vs RMoney

Minimum Brokerage 1p per share or Rs 20/contract whichever is higher Rs 0
Other Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment
Call & Trade Charges Rs 0 (Unlimited Calls)
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Geojit Vs RMoney Transaction Charges

Geojit transaction charges for options is Rs 5500 per Cr (0.05%) while RMoney exchange transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%).

  Geojit 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 210 per Cr (0.0021%) NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%)
Equity Options Rs 5500 per Cr (0.05%) NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%)
Currency Futures Rs 145 per Cr (0.00145%) NSE, BSE - Rs 150 per crore (0.0015%)
Currency Options Rs 4730 per Cr (0.0473%) on premium 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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Geojit Vs RMoney Leverage (Margin)

Geojit margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the RMoney margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Geojit RMoney
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Geojit and RMoney Features

The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.

  Geojit RMoney
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
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
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Geojit Vs RMoney Review

Geojit is rated 3.7 of 5 based on 102 customer reviews whereas RMoney is rated 3.8 of 5 based on 4 customer reviews.

  Geojit RMoney
  102 Customer Reviews    Rate Geojit 4 Customer Reviews    Rate RMoney
Fees 3.6 4.8
Brokerage 3.3 4.5
Trading Platform 4.0 4.0
Customer Service 3.8 4.0
Research Capabilities 3.2 3.0
Overall Ratings Rated 3.7 stars Rated 3.8 stars
Broker Rating Geojit is rated 3.7 of 5 based on 102 customer reviews RMoney is rated 3.8 of 5 based on 4 customer reviews
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Contact Broker / Request A Call Back

  Geojit Enquire RMoney Enquire
Contact Broker Leave your contact information and we will get in touch with you....
RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer
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Geojit Vs RMoney Investment Options

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

  Geojit RMoney
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
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Geojit Vs RMoney Research Report

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

  Geojit RMoney
Casual Investor Yes
Active Investor Yes Yes
Trader Yes
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Geojit Vs RMoney - Pros and Cons

  Geojit RMoney
Pros
  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 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.
  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.
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Promo / Offers

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.

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