ICICIDirect Vs RMoney (Compare ICICIDirect and RMoney)
The side-by-side comparison of ICICIDirect and RMoney. Compare ICICIDirect Vs RMoney brokerage, charges, exposure margin, demat account. Read RMoney and ICICIDirect review.
Find out ICICIDirect Vs RMoney which is better and ICICIDirect Vs RMoney which is best.
Our ICICI Securities Pvt Ltd. comparison with Raghunandan Capital Pvt Ltd highlights the major differences between two brokers. Find the best between ICICIDirect and RMoney.
ICICIdirect 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...
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
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE
BSE, NSE, MCX, NCDEX
Account Type
3-in-1 Account (I-Secure Plan)
Zero Brokerage Plans
Broker Enquiry
Year of Incorporation
Number of Branches
ICICIDirect Vs RMoney Charges
ICICI Securities Pvt Ltd.
Raghunandan Capital Pvt Ltd
Trading Account Opening Fees
₹975
₹0 (Free)
Trading Account AMC
₹0
₹0 (Free)
Demat Account Opening Fees
₹0
₹0 (Free)
Demat Account AMC
₹450
₹0 for lifetime (Free)
Demat Account is Mandatory?
No
No
ICICIDirect Vs RMoney Brokerage
Brokerage Plan 1
ICICI Securities Pvt Ltd.
Raghunandan Capital Pvt Ltd
Account Type
3-in-1 Account (I-Secure Plan)
Zero Brokerage Plans
Fixed Charges
Equity Delivery Brokerage
0.55%
₹0 (Free)
Equity Intraday Brokerage
0.275%
₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage
0.05% to 0.03%
₹18 per executed order or .01% whichever is lower
Equity Options Brokerage
₹95 to ₹35 per lot
₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
0.050% to 0.030%
₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹25 to ₹10 per lot
₹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
Brokerage Plan 2
ICICI Securities Pvt Ltd.
Raghunandan Capital Pvt Ltd
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
₹95 to ₹65 per lot
₹20 to ₹80 per lot
Currency Futures Trading Brokerage
0.05% to 0.03%
0.005% to 0.02%
Currency Options Trading Brokerage
₹95 to ₹65 per lot
0.005% to 0.02%
Commodity Futures Trading Brokerage
NA
0.005% to 0.02%
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
₹35 per trade
₹0
Other Brokerage Charges
Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment
Call & Trade Charges
₹25 per call after first 20 free calls per month
₹0 (Unlimited Calls)
ICICIDirect Vs RMoney Taxes
ICICI Securities Pvt Ltd.
Raghunandan Capital Pvt Ltd
Securities Transaction Tax (STT)
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)
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)
Exchange Transaction Charges
Check table below
Check table below
SEBI Charges
Rs 15 per Crore
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Charged as per the state of the client's correspondence address.
ICICIDirect Vs RMoney Transaction Charges
ICICI Securities Pvt Ltd.
Raghunandan Capital Pvt Ltd
Equity Delivery
NSE: 0.0031% | BSE: 0.0028%
NSE ₹325 per crore | BSE ₹275 per crore (0.00275%)
Equity Intraday
NSE: 0.0031% | BSE: 0.0028%
NSE ₹325 per crore | BSE ₹275 per crore (0.00275%
Equity Futures
0.0018%
NSE ₹250 per crore | BSE ₹110 per crore (0.0011%)
Equity Options
0.05% on Premium
NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%)
Currency Futures
0.0012%
NSE, BSE - ₹150 per crore (0.0015%)
Currency Options
0.05% on Premium
NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity
NA
MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%)
ICICIDirect Vs RMoney Exposure Margin
ICICI Securities Pvt Ltd.
Raghunandan Capital Pvt Ltd
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
NA
Intraday - 77X (1.3%)
ICICIDirect and RMoney Feature Comparison
ICICI Securities Pvt Ltd.
Raghunandan Capital Pvt Ltd
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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
ICICIDirect Vs RMoney Review
ICICI Securities Pvt Ltd.
Raghunandan Capital Pvt Ltd
400 Customer Reviews
3 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
ICICIDirect is Rated 2.4 / 5 based on 400 customer reviews
RMoney is Rated 4.0 / 5 based on 3 customer reviews
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.
ICICI 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.
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.
Zerodha
Zero Account Opening Fee