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About IDBI Capital
Incorporated in December 1993, IDBI Capital Markets and Securities Ltd. (IDBI Capital), is a wholly owned subsidiary of IDBI Bank Ltd. IDBI Capital offers online trading in Equities, F&O, Mutual Funds, and IPOs etc. It also distributes Third Party Products, like Fixed Income Products, Mutual Funds etc., The company is amongst the top 10 MF distributors in India.
IDBI Capital offers its online trading services through www.idbidirect.in (previously called IDBI paisa builder).
IDBI Capital offers...
About RMoney
Incorporated in 2004, Raghunandan Money (RMoney) is an Gift City, Gandhinagar, Gujarat-based financial service provider. The company offers a range of financial products and services. These include Online Stock & Commodity Broking, Mutual Funds, IPO, Insurance (Life & General), Bonds, and Corporate FDRs.
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 and 4% of MCX turnover. It has ...
Incorporated in 1993, IDBI Capital is a Full Service Broker. It offers trading at BSE, NSE, NSDL. It has 14 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.
IDBI Capital | RMoney | |
---|---|---|
Type of Broker | Full Service Broker | Discount Broker |
Exchnage Membership | BSE, NSE, NSDL | BSE, NSE, MCX, NCDEX |
Year of Incorporation | 1993 | |
Number of Branches | 14 | |
IDBI Capital trading account opening charges is Rs 500 while RMoney account opening changes is Rs 0 (Free). IDBI Capital Demat Account AMC Charges is Rs 450 and RMoney Demat Account AMC Charges is Rs 299 (Free for first year).
IDBI Capital | RMoney | |
---|---|---|
Trading Account Opening Charges | Rs 500 | Rs 0 (Free) |
Trading Account AMC Charges | NIL | Rs 299 (Free for first year) |
Demat Account Opening Charges | NIL | Rs 0 (Free) |
Demat Account AMC Charges | Rs 450 | Rs 299 (Free for first year) |
IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas RMoney brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order.
Account Type | IDBI Capital Card Rate Plan | RMoney Rs 9 Per Trade Plan |
---|---|---|
Fixed Charges | NA | |
Equity Delivery | 0.50% | Rs 9 per executed order |
Equity Intraday | 0.05% | Rs 9 per executed order |
Equity Futures | 0.05% | Rs 9 per executed order |
Equity Options | Rs 100 per lot | Rs 9 per executed order |
Currency Futures | NA | Rs 9 per executed order |
Currency Options | NA | Rs 9 per executed order |
Commodity Futures | NA | Rs 9 per executed order |
Commodity Options | NA | Rs 9 per executed order |
Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
IDBI Capital | RMoney | |
---|---|---|
Account Type | Ace Trader Plan | Rs 999 Per Month Trade Plan |
Fixed Charges | Rs 999 | |
Equity Delivery | 0.10% to 0.50% | Rs 0 |
Equity Intraday | 0.020% to 0.050% | Rs 0 |
Equity Futures | 0.020% to 0.048% | Rs 0 |
Equity Options | Rs 100 per lot | Rs 0 |
Currency Futures | Rs 0 | |
Currency Options | Rs 0 | |
Commodity Futures | Rs 0 | |
Commodity Options | Rs 0 | |
Minimum Brokerage | Rs 25 per trade or 2.5% of the trade value whichever is lower. | Rs 0 |
Other Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment | |
Call & Trade Charges | Nil | Rs 0 (Unlimited Calls) |
IDBI Capital transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while RMoney exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).
IDBI Capital | RMoney | |
---|---|---|
Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 |
Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) |
Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) |
Currency Options | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Commodity | NA | MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%) |
IDBI Capital margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the RMoney margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
IDBI Capital | RMoney | |
---|---|---|
Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.
IDBI Capital | 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 | Power Pro, Power Streaming, IDBI Direct | RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) |
Intraday Square-off Time | 3:00 PM | Equity 3:15 PM |
Trading In SME Shares Allowed? | ||
Referral Program | ||
Other Features | Morning Report, Equity SIP, Investment Guide | |
IDBI Capital is rated 2.6 of 5 based on 41 customer reviews whereas RMoney is rated 3.2 of 5 based on 5 customer reviews.
IDBI Capital Enquire | RMoney Enquire | |
---|---|---|
Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
IDBI Capital | RMoney | |
---|---|---|
Stock / Equity | ||
Commodity | ||
Currency | ||
IPO | ||
Mutual Funds | ||
Bond / NCD | ||
Debt | ||
Other Investment Options | Corporate FD, Life Instance, General Insurance |
IDBI Capital | RMoney | |
---|---|---|
Bracket Order | ||
Cover Order | ||
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) | ||
IDBI Capital | RMoney | |
---|---|---|
Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
IDBI Capital | RMoney | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader |
IDBI Capital | RMoney | |
---|---|---|
Pros | - Prepaid plans are available for volume traders. |
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Cons | - Additional charge of Rs 2000 per year for installable trading platform. |
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Reviews | Useful Articles: | |
Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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