HDFC Securities Vs RMoney (Compare HDFC Securities and RMoney)


HDFC Securities
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 with your existing HDFC bank savings account and existing Demat account. Funds / shares are seamlessly moved from the linked Demat/Bank account to execute the transactions. HDFCsec provides Cash-n-Carry on both NSE and BSE, Day trading on both NSE and... Know more about HDFC Securities Ltd


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

Expand

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
Open an Online Trading Account with HDFC Securities.Open an Online Trading Account with RMoney.
Enquire HDFC SecuritiesEnquire RMoney
Expand

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)
Expand

HDFC Securities Vs RMoney Brokerage Charges & Plans

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
Enquire HDFC SecuritiesEnquire RMoney

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)
Expand

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%)
Enquire HDFC SecuritiesEnquire RMoney
Expand

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)
Enquire HDFC SecuritiesEnquire RMoney
Expand

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 Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No Yes
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
Enquire HDFC SecuritiesEnquire RMoney
Expand

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    Rate HDFC Securities 4 Customer Reviews    Rate RMoney
Fees 2.1 4.8
Brokerage 1.9 4.5
Trading Platform 2.9 4.0
Customer Service 2.5 4.0
Research Capabilities 2.6 3.0
Overall Ratings Rated 2.2 stars Rated 3.8 stars
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
Expand

Contact Broker / Request A Call Back

  HDFC Securities Enquire RMoney Enquire
Contact Broker 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.
RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer
Expand

HDFC Securities Vs RMoney Investment Options

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

HDFC Securities Vs RMoney Order Type Offered

  HDFC Securities RMoney
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
Enquire HDFC SecuritiesEnquire RMoney
Expand

HDFC Securities Vs RMoney Research Report

  HDFC Securities RMoney
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
Expand

HDFC Securities Vs RMoney Suitable For Investor Type

  HDFC Securities RMoney
Casual Investor Yes Yes
Active Investor Yes
Trader Yes
Expand

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.
  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
  • 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
  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.
Reviews Useful Articles:
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.

Enquire HDFC SecuritiesEnquire RMoney

Compare More Brokers...

HDFC Securities RMoney
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App