Geojit Vs RMoney (Compare Geojit and RMoney)

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

Geojit Vs RMoney Charges & AMC

Geojit trading account opening charges is Rs 0 (Free) while RMoney account opening changes is Rs 0 (Free). Geojit Demat Account AMC Charges is Rs 400 per year and RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free).

	Geojit	RMoney
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
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 400 per year	Rs 0 for lifetime (Free)

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 9 per executed order and intraday is Rs 9 per executed order.

Account Type	Geojit Online Traditional Plan	RMoney Rs 9 Per Trade Plan
Fixed Charges		NA
Equity Delivery	0.30%	Rs 9 per executed order
Equity Intraday	0.03%	Rs 9 per executed order
Equity Futures	0.01%	Rs 9 per executed order
Equity Options	Rs 50 per lot	Rs 9 per executed order
Currency Futures	0.01%	Rs 9 per executed order
Currency Options	Rs 50 per lot	Rs 9 per executed order
Commodity Futures	NA	Rs 9 per executed order
Commodity Options	NA	Rs 9 per executed order
Special Offer	Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.	Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Geojit Vs RMoney Brokerage Plan 2

	Geojit	RMoney
Account Type	GTrade Max	Rs 999 Per Month Trade Plan
Fixed Charges		Rs 999
Equity Delivery	0.30%	Rs 0
Equity Intraday	Rs 20 per trade or 0.03% which is lower	Rs 0
Equity Futures	Rs 40 per lot	Rs 0
Equity Options	Rs 20 per lot	Rs 0
Currency Futures	Rs 40 per lot	Rs 0
Currency Options	Rs 20 per lot	Rs 0
Commodity Futures	NA	Rs 0
Commodity Options	NA	Rs 0

Geojit Charges Vs RMoney

Minimum Brokerage	1p per share or Rs 20/contract whichever is higher	Rs 0
Other Charges	Intraday Auto Square off at Rs 20 per lot	Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment
Call & Trade Charges		Rs 0 (Unlimited Calls)

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 2750 per crore (0.0275%).

	Geojit	RMoney
Equity Delivery	Rs 325 per Cr (0.00325%)	NSE Rs 345 per crore | BSE Rs 345 per crore (0.00345%)
Equity Intraday	Rs 325 per Cr (0.00325%)	NSE Rs 345 per crore | BSE Rs 345 per crore (0.00345%)
Equity Futures	Rs 210 per Cr (0.0021%)	NSE Rs 260 per crore | BSE Rs 70 per crore (0.007%)
Equity Options	Rs 5500 per Cr (0.05%)	NSE Rs 7000 per crore (0.07%) | BSE Rs 2750 per crore (0.0275%)
Currency Futures	Rs 145 per Cr (0.00145%)	NSE Rs 180 per crore (0.0018%) | BSE Rs 160 per crore (0.0016%)
Currency Options	Rs 4730 per Cr (0.0473%) on premium	NSE Rs 5000 (on premium) per crore (0.05%) | BSE Rs 7500 (on premium) per crore (0.075%)
Commodity	NA	MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%)

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)

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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
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
Trading In SME Shares Allowed?
Referral Program
Other Features

Geojit Vs RMoney Review

Geojit is rated 3.6 of 5 based on 108 customer reviews whereas RMoney is rated 3.2 of 5 based on 5 customer reviews.

	Geojit	RMoney
	108 Customer Reviews	5 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Geojit is rated 3.6 of 5 based on 108 customer reviews	RMoney is rated 3.2 of 5 based on 5 customer reviews

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Geojit Vs RMoney Investment Options

	Geojit	RMoney
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance	Corporate FD, Life Instance, General Insurance

Geojit Vs RMoney Order Type Offered

	Geojit	RMoney
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Geojit Vs RMoney Research Report

	Geojit	RMoney
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Geojit Vs RMoney Suitable For Investor Type

	Geojit	RMoney
Casual Investor
Active Investor
Trader

Geojit Vs RMoney - Pros and Cons

	Geojit	RMoney
Pros	Free research and ecommendations. Free account opening. Rs 20 per trade Intraday trading brokerage in GTrade Max plan. 4 times exposure through MTF Access to 472 branches for customer support. Offices in UAE, Oman, Bahrain and Kuwait to help NRI investors. Excellent online trading platforms.	Offer both discount brokerage as well as full-service brokerage plans. Equity Delivery trades are brokerage free. Truly no brokerage fee for trading in Equity Cash & Carry segment ODIN trading platform is available free of cost to all customers. Unlimited free Call & Trades. Local branches in major cities across North India. Free tips, research and news alerts. Online paperless instant account opening.
Cons	High brokerage charges across all segment in comparision to other full-service brokers like Angel Broking, IIFL and Edelseiss. High minimum brokerage charges of Rs 20 per lot or 1 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. Margin funding is not available. GTC/GTD not available in Equity. NRI Account is not available.
Reviews		Useful Articles: Flat Fee Stock Trading Broker in India
Promo / Offers	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews