IDBI Capital Vs RMoney (Compare IDBI Capital and RMoney)
The side-by-side comparison of IDBI Capital and RMoney. Compare IDBI Capital Vs RMoney brokerage, charges, exposure margin, demat account. Read RMoney and IDBI Capital review.
Find out IDBI Capital Vs RMoney which is better and IDBI Capital Vs RMoney which is best.
Our IDBI Capital Markets and Securities Ltd comparison with Raghunandan Capital Pvt Ltd highlights the major differences between two brokers. Find the best between IDBI Capital and RMoney.
IDBI Capital Vs RMoney
IDBI Capital
RMoney
Find more info about broker
About the Broker
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 Part...
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...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, NSDL
BSE, NSE, MCX, NCDEX
Account Type
Standard Plan
Zero Brokerage Plans
Broker Enquiry
Year of Incorporation
1993
Number of Branches
14
Enquire IDBI Capital
Enquire RMoney
IDBI Capital Vs RMoney Charges
IDBI Capital
RMoney
Trading Account Opening Fees
₹500
₹0 (Free)
Trading Account AMC
NIL
₹0 (Free)
Demat Account Opening Fees
NIL
₹0 (Free)
Demat Account AMC
₹450
₹0 for lifetime (Free)
Demat Account is Mandatory?
No
No
IDBI Capital Vs RMoney Brokerage
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
Other Charges
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 Taxes
IDBI Capital
RMoney
Securities Transaction Tax (STT)
Equity Intraday 0.025% (on Sell trade) Equity Delivery 0.1% (on Buy and Sell) Equity Futures 0.01% (on Sell trade) Equity Options 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures Nil Currency Options Nil Commodities 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
IDBI Capital Vs RMoney Transaction Charges
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%)
IDBI Capital Vs RMoney Exposure Margin
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
IDBI Capital and RMoney Feature Comparison
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
IDBI Capital Vs RMoney Review
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 / 5 based on 37 customer reviews RMoney is Rated 4.0 / 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 Customer Service
IDBI Capital
RMoney
24/7 Customer Service
Onine Live Chat
Through Branches
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 - Advantages and Disadvantages
IDBI Capital
RMoney
Pros
- Prepaid plans are available for volume traders.
More Advantages...
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.
More Advantages...
Cons
- Additional charge of ₹2000 per year for installable trading platform.
More Disadvantages...
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.
More Disadvantages...
Reviews
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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.
Zerodha
Zero Account Opening Fee