HDFC Securities Vs RMoney Share Broker Comparison
The side-by-side comparison of HDFC Securities Ltd and Raghunandan Capital Pvt Ltd stock brokers in India. The comparison below highlights the similarities and differences between HDFC Securities and RMoney's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among HDFC Securities and RMoney.
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HDFC Securities Ltd |
Raghunandan Capital Pvt Ltd |
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| About the Broker |
HDFC Securities(HDFCsec) is Equity Trading Company of HDFC Bank. HDFC Securities provide both online trading and trading on phone. The HDFC Securities trading account has a unique 3-in-1 feature that integrates your HDFC Securities trading account wi...  |
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... |
Type of Broker
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Full Service Broker |
Discount Broker |
| Supported Exchnage
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BSE, NSE |
BSE, NSE, MCX, NCDEX |
| Account Type
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Online Trading |
Zero Brokerage Plans |
| Broker Enquiry |
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Stock Broker Fees / Charges
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HDFC Securities Ltd |
Raghunandan Capital Pvt Ltd |
| Trading Account Opening Fees
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₹999 |
₹0 (Free) |
| Trading Account AMC
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₹0 |
₹0 (Free) |
| Demat Account Opening Fees
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₹0 |
₹0 (Free) |
| Demat Account AMC
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₹750 |
₹0 for lifetime (Free) |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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HDFC Securities Ltd |
Raghunandan Capital Pvt Ltd |
| Account Type |
Online Trading |
Zero Brokerage Plans |
| Fixed Charges
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NA |
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| Equity Delivery Brokerage
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0.50% |
₹0 (Free) |
| Equity Intraday Brokerage
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0.10% |
₹18 per executed order or .01% whichever is lower |
| Equity Futures Brokerage
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0.05% |
₹18 per executed order or .01% whichever is lower |
| Equity Options Brokerage
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₹100 per lot or 1% of the premium (whichever is higher) |
₹18 per executed order or .01% whichever is lower |
| Currency Futures Trading Brokerage
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₹23 per contract |
₹18 per executed order or .01% whichever is lower |
| Currency Options Trading Brokerage
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₹20 per contract |
₹18 per executed order or .01% whichever is lower |
| Commodity Futures Trading Brokerage
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0.025% |
₹18 per executed order or .01% whichever is lower |
| Commodity Options Trading Brokerage
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₹100 per lot |
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Brokerage Plan 2
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HDFC Securities Ltd |
Raghunandan Capital Pvt Ltd |
| Account Type |
Online Trading |
Happy Service Plan |
| Fixed Charges
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NA |
NA |
| Equity Delivery Brokerage
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0.50% |
0.10% to 0.40% |
| Equity Intraday Brokerage
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0.10% |
0.01% to 0.04% |
| Equity Futures Brokerage
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0.05% |
0.005% to 0.02% |
| Equity Options Brokerage
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₹100 per lot or 1% of the premium (whichever is higher) |
₹20 to ₹80 per lot |
| Currency Futures Trading Brokerage
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₹23 per contract |
0.005% to 0.02% |
| Currency Options Trading Brokerage
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₹20 per contract |
0.005% to 0.02% |
| Commodity Futures Trading Brokerage
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0.025% |
0.005% to 0.02% |
| Commodity Options Trading Brokerage
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₹100 per lot |
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Other Charges
| Minimum Brokerage Charges
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₹25 plus taxes |
₹0 |
| Other Brokerage Charges
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Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment |
| Call & Trade Charges
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₹0 |
₹0 (Unlimited Calls) |
Taxes
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HDFC Securities Ltd |
Raghunandan Capital Pvt Ltd |
| Securities Transaction Tax (STT)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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HDFC Securities Ltd |
Raghunandan Capital Pvt Ltd |
| Equity Delivery
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NSE ₹325 per crore | BSE ₹275 per crore (0.00275%) |
| Equity Intraday
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NSE ₹325 per crore | BSE ₹275 per crore (0.00275% |
| Equity Futures
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NSE ₹250 per crore | BSE ₹110 per crore (0.0011%) |
| Equity Options
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NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%) |
| Currency Futures
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NSE, BSE - ₹150 per crore (0.0015%) |
| Currency Options
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NSE, BSE - ₹7500 (on premium) per crore (0.075%) |
| Commodity
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MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%) |
Exposure
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HDFC Securities Ltd |
Raghunandan Capital Pvt Ltd |
| Equity Delivery
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Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5) |
| Equity Intraday
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20x (5%) (Intraday Only) |
| Equity Futures
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Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%) |
| Equity Options
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Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin |
| Currency Futures
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Intraday - 100X (1%) |
| Currency Options
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Intraday - 100X (1%) |
| Commodity
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Intraday - 77X (1.3%) |
Share Broker Features
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HDFC Securities Ltd |
Raghunandan Capital Pvt Ltd |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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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
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3:30 PM |
Equity 3:15 PM |
| Other Features
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E-Margin, ENCASH, |
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Broker Ratings (Average User Rating)
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HDFC Securities Ltd |
Raghunandan Capital Pvt Ltd |
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166 Customer Reviews  |
3 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
HDFC Securities is Rated 2.2 / 5 based on 166 customer reviews |
RMoney is Rated 4.0 / 5 based on 3 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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HDFC Securities Ltd |
Raghunandan Capital Pvt Ltd |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading |
Corporate FD, Life Instance, General Insurance |
Customer Service Offered
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HDFC Securities Ltd |
Raghunandan Capital Pvt Ltd |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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HDFC Securities Ltd |
Raghunandan Capital Pvt Ltd |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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HDFC Securities Ltd |
Raghunandan Capital Pvt Ltd |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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HDFC Securities Ltd |
Raghunandan Capital Pvt Ltd |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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HDFC Securities Ltd |
Raghunandan Capital Pvt Ltd |
| Pros
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- 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.
More Advantages... |
- 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.
More Advantages... |
| Cons
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- 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 ₹25
More Disadvantages... |
- 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.
More Disadvantages... |
| Reviews
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Useful Articles:
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| Promo / Offers
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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: ₹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.
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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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Enquire about HDFC Securities
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Zerodha
Zero Account Opening Fee