HDFC Securities Vs RMoney (Compare HDFC Securities and RMoney)

HDFC Securities Vs RMoney

Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

	HDFC Securities	RMoney
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX, NCDEX
Year of Incorporation	2002
Number of Branches	270
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HDFC Securities Vs RMoney Charges & AMC

HDFC Securities trading account opening charges is Rs 999 while RMoney account opening changes is Rs 199. HDFC Securities Demat Account AMC Charges is Rs 750 and RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free).

	HDFC Securities	RMoney
Trading Account Opening Charges	Rs 999	Rs 199
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 750	Rs 0 for lifetime (Free)

HDFC Securities Vs RMoney Brokerage

HDFC Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas RMoney brokerage charges for equity is Rs 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower.

	HDFC Securities	RMoney
Account Type	Online Trading	Zero Brokerage Plans
Fixed Charges	NA	NA
Equity Delivery	0.50%	Rs 0 (Free)
Equity Intraday	0.05%	Rs 18 per executed order or .01% whichever is lower
Equity Futures	0.05%	Rs 18 per executed order or .01% whichever is lower
Equity Options	Rs 100 per lot or 1% of the premium (whichever is higher)	Rs 18 per executed order or .01% whichever is lower
Currency Futures	Rs 23 per contract	Rs 18 per executed order or .01% whichever is lower
Currency Options	Rs 20 per contract	Rs 18 per executed order or .01% whichever is lower
Commodity Futures	0.02% for Intraday / 0.025% for positional	Rs 18 per executed order or .01% whichever is lower
Commodity Options	0.02% for Intraday / 0.025% for positional
Special Offer	Special Offer: Rs 750 Demat account AMC fee waived off for the first year. Get HDFC 3-in-1 account, integrated trading + demat + saving bank account for seamless investing in stock market and mutual funds. Request a Callback.	Special Offer: RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer

HDFC Securities Vs RMoney Brokerage Plan 2

	HDFC Securities	RMoney
Account Type	Online Trading	Happy Service Plan
Fixed Charges	NA	NA
Equity Delivery	0.50%	0.10% to 0.40%
Equity Intraday	0.05%	0.01% to 0.04%
Equity Futures	0.05%	0.005% to 0.02%
Equity Options	Rs 100 per lot or 1% of the premium (whichever is higher)	Rs 20 to Rs 80 per lot
Currency Futures	Rs 23 per contract	0.005% to 0.02%
Currency Options	Rs 20 per contract	0.005% to 0.02%
Commodity Futures	0.02% for Intraday / 0.025% for positional	0.005% to 0.02%
Commodity Options	0.02% for Intraday / 0.025% for positional
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HDFC Securities Charges Vs RMoney

Minimum Brokerage	Rs 25 plus taxes	Rs 0
Other Charges		Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment
Call & Trade Charges	Rs 0	Rs 0 (Unlimited Calls)

HDFC Securities Vs RMoney Transaction Charges

HDFC Securities transaction charges for options is 0.050% (on premium) while RMoney exchange transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%).

	HDFC Securities	RMoney
Equity Delivery	0.00325%	NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%)
Equity Intraday	0.00325%	NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%
Equity Futures	.00190%	NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%)
Equity Options	0.050% (on premium)	NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%)
Currency Futures	0.00110%	NSE, BSE - Rs 150 per crore (0.0015%)
Currency Options	0.040% (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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HDFC Securities Vs RMoney Leverage (Margin)

HDFC Securities margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the RMoney margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	HDFC Securities	RMoney
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare HDFC Securities and RMoney Features

The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.

	HDFC Securities	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	ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify	RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time	3:30 PM	Equity 3:15 PM
Other Features	E-Margin, ENCASH,
Referral Program
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HDFC Securities Vs RMoney Review

HDFC Securities is rated 2.2 of 5 based on 206 customer reviews whereas RMoney is rated 3.8 of 5 based on 4 customer reviews.

	HDFC Securities	RMoney
	206 Customer Reviews	4 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	HDFC Securities is rated 2.2 of 5 based on 206 customer reviews	RMoney is rated 3.8 of 5 based on 4 customer reviews

HDFC Securities Vs RMoney Investment Options

	HDFC Securities	RMoney
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading	Corporate FD, Life Instance, General Insurance

HDFC Securities Vs RMoney Order Type Offered

	HDFC Securities	RMoney
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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HDFC Securities Vs RMoney Research Report

	HDFC Securities	RMoney
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

HDFC Securities Vs RMoney Suitable For Investor Type

	HDFC Securities	RMoney
Casual Investor
Active Investor
Trader

HDFC Securities Vs RMoney - Pros and Cons

	HDFC Securities	RMoney
Pros	The 3-in-1 account, which includes HDFC Bank Account, HDFC Securities Trading Account and HDFC Securities Demat Account, is the best offering for retail investors in India as it provides easiest way to invest in stock market and other financial instruments.	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	In addition to opening a trading account with HDFC Securities Ltd, you will also be required to open a savings bank account (quarterly minimum balance of Rs 5000) and a DP (depository participant) account with HDFC Bank. Very high brokerage charges Charge minimum brokerage of Rs 25	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	HDFC 3-in-1 Account HDFC Securities offers a full-service 3-in-1 account, a combination of saving bank, trading and demat account. One account to investment in Equity, Derivatives, Mutual Funds, IPO and Fixed Deposits. Special Offer: Rs 750 demat account AMC is waived when you open your 3-in-1 account. Interested in opening a trading account? Request Callback from a stock broker.	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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