The side-by-side comparison of ICICI Direct and RMoney. Compare ICICI Direct Vs RMoney brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best ICICI Direct vs RMoney?
ICICI Direct
ICICI Direct is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group, India's top financial service provider offering banking and other financial services. ICICI Securities offers 'online trading and investment' services to over 20 lakhs customers through ICICI Direct (ICICIDirect.com).
ICICIDirect.com is the flags...
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...
Incorporated in 2000, ICICI Direct is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.
ICICI Direct | RMoney | |
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Type of Broker | Full Service Broker | Discount Broker |
Supported Exchnages | BSE, NSE | BSE, NSE, MCX, NCDEX |
Account Type | 3-in-1 Account (I-Secure Plan) | Zero Brokerage Plans |
Year of Incorporation | 2000 | |
Number of Branches | 154 | |
Broker Enquiry |
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ICICI Direct trading account opening charges is Rs 0 while RMoney account opening changes is Rs 199. ICICI Direct Demat Account AMC Charges is Rs 700 (from 2nd year) and RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free).
ICICI Direct | RMoney | |
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Trading Account Opening Charges | Rs 0 | 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 700 (from 2nd year) | Rs 0 for lifetime (Free) |
ICICI Direct brokerage charges for equity is 0.55% and intraday is 0.275% whereas RMoney brokerage charges for equity is Rs 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower.
ICICI Direct | RMoney | |
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Account Type | 3-in-1 Account (I-Secure Plan) | Zero Brokerage Plans |
Fixed Charges | NA | |
Equity Delivery Brokerage | 0.55% | Rs 0 (Free) |
Equity Intraday Brokerage | 0.275% | Rs 18 per executed order or .01% whichever is lower |
Equity Futures Brokerage | 0.05% to 0.03% | Rs 18 per executed order or .01% whichever is lower |
Equity Options Brokerage | Rs 95 to Rs 35 per lot | Rs 18 per executed order or .01% whichever is lower |
Currency Futures Trading Brokerage | 0.050% to 0.030% | Rs 18 per executed order or .01% whichever is lower |
Currency Options Trading Brokerage | Rs 25 to Rs 10 per lot | Rs 18 per executed order or .01% whichever is lower |
Commodity Futures Trading Brokerage | NA | Rs 18 per executed order or .01% whichever is lower |
Commodity Options Trading Brokerage | NA | |
Special Offer | Special Offer: Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment 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 |
ICICI Direct | RMoney | |
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Account Type | I-Saver Plan | Happy Service Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | 0.75% to 0.25% | 0.10% to 0.40% |
Equity Intraday Brokerage | 0.75% to 0.25% | 0.01% to 0.04% |
Equity Futures Brokerage | 0.05% to 0.03% | 0.005% to 0.02% |
Equity Options Brokerage | Rs 95 to Rs 65 per lot | Rs 20 to Rs 80 per lot |
Currency Futures Trading Brokerage | 0.05% to 0.03% | 0.005% to 0.02% |
Currency Options Trading Brokerage | 0.25 to Rs 65 per lot | 0.005% to 0.02% |
Commodity Futures Trading Brokerage | NA | 0.005% to 0.02% |
Commodity Options Trading Brokerage | NA | |
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ICICI Direct | RMoney | |
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Account Type | ICICIdirect Prime Plan | Zero Brokerage Plans |
Fixed Charges | Rs 900 | NA |
Equity Delivery Brokerage | 0.25% | Rs 0 (Free) |
Equity Intraday Brokerage | 0.25% | Rs 18 per executed order or .01% whichever is lower |
Equity Futures Brokerage | 0.025% | Rs 18 per executed order or .01% whichever is lower |
Equity Options Brokerage | Rs 35 | Rs 18 per executed order or .01% whichever is lower |
Currency Futures Trading Brokerage | Rs 0 | Rs 18 per executed order or .01% whichever is lower |
Currency Options Trading Brokerage | Rs 0 | Rs 18 per executed order or .01% whichever is lower |
Commodity Futures Trading Brokerage | NA | Rs 18 per executed order or .01% whichever is lower |
Commodity Options Trading Brokerage | NA | |
Enquire ICICI Direct | Enquire RMoney |
Minimum Brokerage Charges | Rs 35 per trade | Rs 0 |
Other Brokerage Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment | |
Call & Trade Charges | Rs 25 per call after first 20 free calls per month | Rs 0 (Unlimited Calls) |
ICICI Direct transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while RMoney exchange transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%).
ICICI Direct | RMoney | |
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Equity Delivery | NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) | NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%) |
Equity Intraday | NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) | NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275% |
Equity Futures | Rs 180 per Cr (0.0018%) | NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%) |
Equity Options | Rs 5000 per Cr (0.05%) (on premium) | NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%) |
Currency Futures | Rs 120 per Cr (0.0012%) | NSE, BSE - Rs 150 per crore (0.0015%) |
Currency Options | Rs 5000 per Cr (0.05%) (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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ICICI Direct provides the margin of Upto 25x for intraday trades whereas the RMoney margin for intraday cash is 20x (5%) (Intraday Only).
ICICI Direct | RMoney | |
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Equity Delivery | 5x with Interest | Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5) |
Equity Intraday | Upto 25x | 20x (5%) (Intraday Only) |
Equity Futures | 4x | Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%) |
Equity Options | 2x for shorting | Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin |
Currency Futures | NA | Intraday - 100X (1%) |
Currency Options | NA | Intraday - 100X (1%) |
Commodity Futures | NA | Intraday - 77X (1.3%) |
Commodity Options | ||
Enquire ICICI Direct | Enquire RMoney |
The trading platforms offered ICICI Direct include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.
ICICI Direct | RMoney | |
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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 | ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App | 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 | Bullet Trading, Can trade in 32 exchanges through Saxo Trader | |
Referral Program | ||
Enquire ICICI Direct | Enquire RMoney |
ICICI Direct is rated 2.4 of 5 based on 436 customer reviews whereas RMoney is rated 3.8 of 5 based on 4 customer reviews.
ICICI Direct | RMoney | |
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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 | Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS | Corporate FD, Life Instance, General Insurance |
ICICI Direct | RMoney | |
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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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Enquire ICICI Direct | Enquire RMoney |
ICICI Direct | RMoney | |
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Pros |
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Cons |
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Reviews | Useful Articles: | |
Promo / Offers | ICICI 3-in-1 AccountICICI Direct offers a 3-in-1 account, a combination of saving bank, trading and demat account. It offers one-click investment in Equity, Derivatives, Mutual Funds, IPO, ETF, Life Insurance, General Insurance, Currency, and Fixed Deposits. Interested in opening a trading account? Request Callback from a stock broker. |
Lifetime FREE AMC Demat Account + Free Call & TradeGet 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 ICICI Direct | Enquire RMoney |
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