The side-by-side comparison of Geojit and RMoney. Compare Geojit Vs RMoney brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Geojit vs RMoney?
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...
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 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 |
Supported Exchnages | BSE, NSE, MCX-SX | BSE, NSE, MCX, NCDEX |
Account Type | Online Trading | Zero Brokerage Plans |
Year of Incorporation | 1987 | |
Number of Branches | 509 | |
Broker Enquiry |
![]() |
![]() |
Enquire Geojit | Enquire RMoney |
Geojit trading account opening charges is Rs 425 while RMoney account opening changes is Rs 199. Geojit Demat Account AMC Charges is Rs 0 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 0 | Rs 0 for lifetime (Free) |
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 Brokerage | 0.30% | Rs 0 (Free) |
Equity Intraday Brokerage | 0.03% | Rs 18 per executed order or .01% whichever is lower |
Equity Futures Brokerage | 0.03% | Rs 18 per executed order or .01% whichever is lower |
Equity Options Brokerage | Rs 125 per contract | Rs 18 per executed order or .01% whichever is lower |
Currency Futures Trading Brokerage | 0.03% | Rs 18 per executed order or .01% whichever is lower |
Currency Options Trading Brokerage | Rs 125 per contract | Rs 18 per executed order or .01% whichever is lower |
Commodity Futures Trading Brokerage | NA | Rs 18 per executed order or .01% whichever is lower |
Commodity Options Trading Brokerage | NA | |
Special Offer | Special Offer: RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer |
Geojit | RMoney | |
---|---|---|
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 | Rs 20 to Rs 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 | |
Enquire Geojit | Enquire RMoney |
Minimum Brokerage Charges | 1p per share or Rs 20/contract whichever is higher | Rs 0 |
Other Brokerage Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment | |
Call & Trade Charges | Rs 0 (Unlimited Calls) |
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%) |
Enquire Geojit | Enquire RMoney |
Geojit provides the margin of Upto 10x for intraday trades whereas the RMoney margin for intraday cash is 20x (5%) (Intraday Only).
Geojit | RMoney | |
---|---|---|
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 | ||
Enquire Geojit | Enquire RMoney |
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 | ![]() |
![]() |
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 | ||
Enquire Geojit | Enquire RMoney |
Geojit is rated 3.7 of 5 based on 99 customer reviews whereas RMoney is rated 3.8 of 5 based on 4 customer reviews.
Geojit | RMoney | |
---|---|---|
Bracket Order | ![]() |
![]() |
Cover Order | ![]() |
![]() |
Buy Today Sell Tomorrow (BTST) | ![]() |
|
Sell Today Buy Tomorrow (STBT) | ![]() |
|
After Market Order(AMO) | ![]() |
![]() |
Good Till Cancelled (GTC) | ![]() |
![]() |
Enquire Geojit | Enquire RMoney |
Geojit | RMoney | |
---|---|---|
Pros |
|
|
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. |
|
Reviews | Useful Articles: | |
Promo / Offers | 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 Geojit | Enquire RMoney |
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
Zerodha (₹20/trade) Edelweiss (₹10/trade) Upstox (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Reviews (Full-service)
ICICI Direct Motilal Oswal HDFC Sec Sharekhan IIFL Securities More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading HomepageBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI HomepageNRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc