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
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IDBI Capital Vs RMoney Charges & AMC

IDBI Capital trading account opening charges is Rs 500 while RMoney account opening changes is Rs 199. 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 199
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 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower.

	IDBI Capital	RMoney
Account Type	Standard Plan	Zero Brokerage Plans
Fixed Charges		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	Rs 18 per executed order or .01% whichever is lower
Currency Futures	NA	Rs 18 per executed order or .01% whichever is lower
Currency Options	NA	Rs 18 per executed order or .01% whichever is lower
Commodity Futures	NA	Rs 18 per executed order or .01% whichever is lower
Commodity Options	NA
Special Offer		Special Offer: RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer

IDBI Capital Vs RMoney Brokerage Plan 2

	IDBI Capital	RMoney
Account Type	Ace Trader Plan	Happy Service Plan
Fixed Charges		NA
Equity Delivery	0.10% to 0.50%	0.10% to 0.40%
Equity Intraday	0.020% to 0.050%	0.01% to 0.04%
Equity Futures	0.020% to 0.048%	0.005% to 0.02%
Equity Options	Rs 100 per lot	Rs 20 to Rs 80 per lot
Currency Futures		0.005% to 0.02%
Currency Options		0.005% to 0.02%
Commodity Futures		0.005% to 0.02%
Commodity Options
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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 4500 per crore (0.045%).

	IDBI Capital	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	0.0019%	NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%)
Equity Options	0.051% on premium	NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%)
Currency Futures	NA	NSE, BSE - Rs 150 per crore (0.0015%)
Currency Options	NA	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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IDBI Capital Vs RMoney Leverage (Margin)

IDBI Capital 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.

	IDBI Capital	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)
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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
Other Features	Morning Report, Equity SIP, Investment Guide
Referral Program
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IDBI Capital Vs RMoney Review

IDBI Capital is rated 2.7 of 5 based on 40 customer reviews whereas RMoney is rated 3.8 of 5 based on 4 customer reviews.

	IDBI Capital	RMoney
	40 Customer Reviews	4 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IDBI Capital is rated 2.7 of 5 based on 40 customer reviews	RMoney is rated 3.8 of 5 based on 4 customer reviews

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)
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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		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.
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