Geojit Vs RMoney (Compare Geojit and RMoney)

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... Know more about Geojit BNP Paribas


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
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 Open an Online Trading Account with Geojit. Leave your contact info and we will get in touch with you. Open an Online Trading Account with RMoney. Leave your contact info and we will get in touch with you.
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Geojit Vs RMoney Charges & AMC

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

  Geojit RMoney
Trading Account Opening Charges ₹425 ₹199
Trading Account AMC Charges NIL ₹0 (Free)
Demat Account Opening Charges NIL ₹0 (Free)
Demat Account AMC Charges ₹0 ₹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 ₹0 (Free) and intraday is ₹18 per executed order or .01% whichever is lower.

  Geojit RMoney
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 ₹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 ₹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
Special Offer
Special Offer: RMoney ₹0 Account Opening Fee + ₹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 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 ₹125 per contract ₹20 to ₹80 per lot
Currency Futures Trading Brokerage 0.03% 0.005% to 0.02%
Currency Options Trading Brokerage ₹125 per contract 0.005% to 0.02%
Commodity Futures Trading Brokerage NA 0.005% to 0.02%
Commodity Options Trading Brokerage NA
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Geojit Charges Vs RMoney

Minimum Brokerage Charges 1p per share or ₹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)
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Geojit Vs RMoney Transaction Charges

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

  Geojit RMoney
Equity Delivery ₹325 per Cr (0.00325%) NSE ₹325 per crore | BSE ₹275 per crore (0.00275%)
Equity Intraday ₹325 per Cr (0.00325%) NSE ₹325 per crore | BSE ₹275 per crore (0.00275%
Equity Futures ₹210 per Cr (0.0021%) NSE ₹250 per crore | BSE ₹110 per crore (0.0011%)
Equity Options ₹5500 per Cr (0.05%) NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%)
Currency Futures ₹145 per Cr (0.00145%) NSE, BSE - ₹150 per crore (0.0015%)
Currency Options ₹4730 per Cr (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%)
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Geojit Vs RMoney Leverage (Margin)

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
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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 Available 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 3.8 of 5 based on 98 customer reviews whereas RMoney is rated 4.0 of 5 based on 3 customer reviews.

  Geojit RMoney
  98 Customer Reviews    Rate Geojit 3 Customer Reviews    Rate RMoney
Fees 3.7 4.7
Trading Brokerage 3.3 4.7
Trading Platform Usability 4.1 4.3
Customer Service 3.8 4.0
Research Capabilities 3.0
Overall Ratings Rated 3.8 stars Rated 4.0 stars
Broker Rating Geojit is rated 3.8 of 5 based on 98 customer reviews RMoney is rated 4.0 of 5 based on 3 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 ₹0 Account Opening Fee + ₹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
Initial Public Offers (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 ₹125 per contract for Intraday Options and ₹150 per contract for Options carry forward positions. 2. Geojit charges minimum brokerage of ₹20 per Contract or 1 paisa per share whichever is higher. 3. Paper contract note by post cost additional ₹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 ₹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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