IDBI Capital Vs RMoney (Compare IDBI Capital and RMoney)

IDBI Capital Vs RMoney

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 Vs RMoney Charges & AMC

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 0 for lifetime (Free).

	IDBI Capital	RMoney
Trading Account Opening Charges	Rs 500	Rs 0 (Free)
Trading Account AMC Charges	NIL	Rs 0 (Free)
Demat Account Opening Charges	NIL	Rs 0 (Free)
Demat Account AMC Charges	Rs 450	Rs 0 for lifetime (Free)

IDBI Capital Vs RMoney Brokerage

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 Standard 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 (Trade with the best stock broker) 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 (Trade with the best stock broker) 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 Vs RMoney Brokerage Plan 2

	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

IDBI Capital Charges Vs RMoney

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 Vs RMoney Transaction Charges

IDBI Capital transaction charges for options is 0.051% on premium while RMoney exchange transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 2750 per crore (0.0275%).

	IDBI Capital	RMoney
Equity Delivery	0.00325%	NSE Rs 345 per crore | BSE Rs 345 per crore (0.00345%)
Equity Intraday	0.00325%	NSE Rs 345 per crore | BSE Rs 345 per crore (0.00345%)
Equity Futures	0.0019%	NSE Rs 260 per crore | BSE Rs 70 per crore (0.007%)
Equity Options	0.051% on premium	NSE Rs 7000 per crore (0.07%) | BSE Rs 2750 per crore (0.0275%)
Currency Futures	NA	NSE Rs 180 per crore (0.0018%) | BSE Rs 160 per crore (0.0016%)
Currency Options	NA	NSE Rs 5000 (on premium) per crore (0.05%) | BSE Rs 7500 (on premium) per crore (0.075%)
Commodity	NA	MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%)

IDBI Capital Vs RMoney Leverage (Margin)

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)

Compare IDBI Capital and RMoney Features

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 Vs RMoney Review

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	RMoney
	41 Customer Reviews	5 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IDBI Capital is rated 2.6 of 5 based on 41 customer reviews	RMoney is rated 3.2 of 5 based on 5 customer reviews

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IDBI Capital Vs RMoney Investment Options

	IDBI Capital	RMoney
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Corporate FD, Life Instance, General Insurance

IDBI Capital Vs RMoney Order Type Offered

	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 Vs RMoney Research Report

	IDBI Capital	RMoney
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

IDBI Capital Vs RMoney Suitable For Investor Type

	IDBI Capital	RMoney
Casual Investor
Active Investor
Trader

IDBI Capital Vs RMoney - Pros and Cons

	IDBI Capital	RMoney
Pros	- Prepaid plans are available for volume traders.	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.
Cons	- Additional charge of Rs 2000 per year for installable trading platform.	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.
Reviews		Useful Articles: Flat Fee Stock Trading Broker in India
Promo / Offers	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews