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IDBI Capital Vs RMoney (Compare IDBI Capital and RMoney)

IDBI Capital Markets and Securities Ltd Logo

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 of... Know more about IDBI Capital Markets and Securities Ltd

Raghunandan Capital Pvt Ltd Logo

About 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... Know more about Raghunandan Capital Pvt Ltd

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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)

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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.

Account Type IDBI Capital Standard Plan RMoney 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)

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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 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)
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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 Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
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    Rate IDBI Capital 4 Customer Reviews    Rate RMoney
Fees 3.2 4.8
Brokerage 2.6 4.5
Trading Platform 2.6 4.0
Customer Service 2.8 4.0
Research Capabilities 2.7 3.0
Overall Ratings Rated 2.7 stars Rated 3.8 stars
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

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Contact Broker / Request A Call Back

  IDBI Capital Enquire RMoney Enquire
Contact Broker Leave your contact information and we will get in touch with you....
RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer

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IDBI Capital Vs RMoney Investment Options

  IDBI Capital RMoney
Stock / Equity Yes Yes
Commodity No Yes
Currency No Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Corporate FD, Life Instance, General Insurance

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IDBI Capital Vs RMoney Order Type Offered

  IDBI Capital RMoney
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
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IDBI Capital Vs RMoney Research Report

  IDBI Capital RMoney
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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IDBI Capital Vs RMoney Suitable For Investor Type

  IDBI Capital RMoney
Casual Investor Yes Yes
Active Investor Yes
Trader Yes

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IDBI Capital Vs RMoney - Pros and Cons

  IDBI Capital RMoney
Pros - Prepaid plans are available for volume traders.
  1. Offer both discount brokerage as well as full-service brokerage plans.
  2. Equity Delivery trades are brokerage free. Truly no brokerage fee for trading in Equity Cash & Carry segment
  3. ODIN trading platform is available free of cost to all customers.
  4. Unlimited free Call & Trades.
  5. Local branches in major cities across North India.
  6. Free tips, research and news alerts.
  7. Online paperless instant account opening.
Cons - Additional charge of Rs 2000 per year for installable trading platform.
  1. Unlimited monthly/yearly trading plans are not available. i.e. Rs 1999 for unlimited equity trading in a month.
  2. 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.
  3. Margin funding is not available.
  4. GTC/GTD not available in Equity.
  5. NRI Account is not available.
Reviews Useful Articles:
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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