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
Supported Exchnages	BSE, NSE, NSDL	BSE, NSE, MCX, NCDEX
Account Type	Standard Plan	Zero Brokerage Plans
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 ₹500 while RMoney account opening changes is ₹199. IDBI Capital Demat Account AMC Charges is ₹450 and RMoney Demat Account AMC Charges is ₹0 for lifetime (Free).

	IDBI Capital	RMoney
Trading Account Opening Charges	₹500	₹199
Trading Account AMC Charges	NIL	₹0 (Free)
Demat Account Opening Charges	NIL	₹0 (Free)
Demat Account AMC Charges	₹450	₹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 ₹0 (Free) and intraday is ₹18 per executed order or .01% whichever is lower.

	IDBI Capital	RMoney
Account Type	Standard Plan	Zero Brokerage Plans
Fixed Charges
Equity Delivery Brokerage	0.50%	₹0 (Free)
Equity Intraday Brokerage	0.05%	₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage	0.05%	₹18 per executed order or .01% whichever is lower
Equity Options Brokerage	₹100 per lot	₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage	NA	₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage	NA	₹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
Special Offer		Special Offer: RMoney ₹0 Account Opening Fee + ₹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 Brokerage	0.10% to 0.50%	0.10% to 0.40%
Equity Intraday Brokerage	0.020% to 0.050%	0.01% to 0.04%
Equity Futures Brokerage	0.020% to 0.048%	0.005% to 0.02%
Equity Options Brokerage	₹100 per lot	₹20 to ₹80 per lot
Currency Futures Trading Brokerage		0.005% to 0.02%
Currency Options Trading Brokerage		0.005% to 0.02%
Commodity Futures Trading Brokerage		0.005% to 0.02%
Commodity Options Trading Brokerage
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IDBI Capital Charges Vs RMoney

Minimum Brokerage Charges	₹25 per trade or 2.5% of the trade value whichever is lower.	₹0
Other Brokerage Charges		Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment
Call & Trade Charges	Nil	₹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 ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%).

	IDBI Capital	RMoney
Equity Delivery	0.00325%	NSE ₹325 per crore | BSE ₹275 per crore (0.00275%)
Equity Intraday	0.00325%	NSE ₹325 per crore | BSE ₹275 per crore (0.00275%
Equity Futures	0.0019%	NSE ₹250 per crore | BSE ₹110 per crore (0.0011%)
Equity Options	0.051% on premium	NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%)
Currency Futures	NA	NSE, BSE - ₹150 per crore (0.0015%)
Currency Options	NA	NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity	NA	MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%)
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IDBI Capital Vs RMoney Leverage (Margin)

IDBI Capital provides the margin of Upto 4x for intraday trades whereas the RMoney margin for intraday cash is 20x (5%) (Intraday Only).

	IDBI Capital	RMoney
Equity Delivery	Nil	Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5)
Equity Intraday	Upto 4x	20x (5%) (Intraday Only)
Equity Futures	Nil	Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%)
Equity Options	Nil	Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin
Currency Futures	Nil	Intraday - 100X (1%)
Currency Options	Nil	Intraday - 100X (1%)
Commodity Futures	Nil	Intraday - 77X (1.3%)
Commodity Options
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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 Available
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 2.8 of 5 based on 37 customer reviews whereas RMoney is rated 4.0 of 5 based on 3 customer reviews.

	IDBI Capital	RMoney
	37 Customer Reviews	3 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IDBI Capital is rated 2.8 of 5 based on 37 customer reviews	RMoney is rated 4.0 of 5 based on 3 customer reviews

IDBI Capital Vs RMoney Investment Options

	IDBI Capital	RMoney
Stock / Equity
Commodity
Currency
Initial Public Offers (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 ₹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 ₹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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