IIFL Securities Vs RMoney (Compare IIFL Securities and RMoney)

The side-by-side comparison of IIFL Securities and RMoney. Compare IIFL Securities Vs RMoney brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best IIFL Securities vs RMoney?


IIFL Securities
Incorporated in 1995, IIFL Securities is a stock broker part of IIFL Group. IIFL Group a leading financial service provider in India offering a wide range of services. It is a well-recognized brand for the quality of its advice, personalized service and the use of cutting-edge technology. IIFL Securities offers online trading and research-based advisory services for an entire range of financial products including Stocks, Derivatives, Commodities, Insurance, FDs, Loans, IPO and Bonds etc. They ... Know more about IIFL Securities Limited


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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IIFL Securities Vs RMoney

Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  IIFL Securities RMoney
Type of Broker Full Service Broker Discount Broker
Supported Exchnages NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Account Type Flat Brokerage Plan (FBP) Zero Brokerage Plans
Year of Incorporation 1996
Number of Branches 900
Broker Enquiry Open an Online Trading Account with IIFL Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with RMoney. Leave your contact info and we will get in touch with you.
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IIFL Securities Vs RMoney Charges & AMC

IIFL Securities trading account opening charges is ₹750 while RMoney account opening changes is ₹199. IIFL Securities Demat Account AMC Charges is ₹400 per year and RMoney Demat Account AMC Charges is ₹0 for lifetime (Free).

  IIFL Securities RMoney
Trading Account Opening Charges ₹750 ₹199
Trading Account AMC Charges ₹0 ₹0 (Free)
Demat Account Opening Charges ₹0 ₹0 (Free)
Demat Account AMC Charges ₹400 per year ₹0 for lifetime (Free)
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IIFL Securities Vs RMoney Brokerage Charges & Plans

IIFL Securities Vs RMoney Brokerage

IIFL Securities 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.

  IIFL Securities RMoney
Account Type Flat Brokerage Plan (FBP) Zero Brokerage Plans
Fixed Charges NA
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 1% of Premium or ₹100 per lot, whichever is high ₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage 0.05% ₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage 1% of Premium or ₹100 per lot, whichever is high ₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage 0.05% ₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage 1% of Premium or ₹100 per lot, whichever is high
Special Offer
Special Offer: Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer
Special Offer: RMoney ₹0 Account Opening Fee + ₹0 Demat AMC (for Life) + Free Call & Trade Get the offer

IIFL Securities Vs RMoney Brokerage Plan 2

  IIFL Securities RMoney
Account Type Variable Brokerage Plan (VBP) Happy Service Plan
Fixed Charges NA NA
Equity Delivery Brokerage 0.15% to 0.60% 0.10% to 0.40%
Equity Intraday Brokerage 0.02% to 0.05% 0.01% to 0.04%
Equity Futures Brokerage 0.02% to 0.05% 0.005% to 0.02%
Equity Options Brokerage 1% to 2.5% of premium or ₹100 per lot, whichever is higher ₹20 to ₹80 per lot
Currency Futures Trading Brokerage 0.02% to 0.05% 0.005% to 0.02%
Currency Options Trading Brokerage 1% to 2.5% of premium or ₹100 per lot, whichever i 0.005% to 0.02%
Commodity Futures Trading Brokerage 0.02% to 0.05% 0.005% to 0.02%
Commodity Options Trading Brokerage 1% to 2.5% of premium or ₹100 per lot, whichever i
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IIFL Securities Vs RMoney Brokerage Plan 3

  IIFL Securities RMoney
Account Type Advance Brokerage Plan (Prepaid) Zero Brokerage Plans
Fixed Charges ₹5,000 to ₹1,00,000 NA
Equity Delivery Brokerage 0.35% to 0.05% ₹0 (Free)
Equity Intraday Brokerage 0.04% to 0.01% ₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage 0.04% to 0.01% ₹18 per executed order or .01% whichever is lower
Equity Options Brokerage 1% of premium to flat ₹20 per lot ₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage 0.04% to 0.01% ₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage 1% of premium to flat ₹20 per lot ₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage 0.04% to 0.01% ₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage 1% of premium to flat ₹20 per lot
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IIFL Securities Charges Vs RMoney

Minimum Brokerage Charges ₹0.05 per share (₹25 Min) ₹0
Other Brokerage Charges Advisory SMS - ₹50 per month Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment
Call & Trade Charges ₹50 per call ₹0 (Unlimited Calls)
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IIFL Securities Vs RMoney Transaction Charges

IIFL Securities 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%).

  IIFL Securities 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 0.0021% 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 0.0021% NSE, BSE - ₹150 per crore (0.0015%)
Currency Options 0.051% on premium NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity 0.0028% MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%)
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IIFL Securities Vs RMoney Leverage (Margin)

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

  IIFL Securities RMoney
Equity Delivery Upto 3x (18% Annual Interest) Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5)
Equity Intraday Upto 20x 20x (5%) (Intraday Only)
Equity Futures Upto 3x Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%)
Equity Options 3x for shorting Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin
Currency Futures Upto 2x Intraday - 100X (1%)
Currency Options 2x for shorting Intraday - 100X (1%)
Commodity Futures Upto 3x Intraday - 77X (1.3%)
Commodity Options
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Compare IIFL Securities and RMoney Features

The trading platforms offered IIFL Securities include IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.

  IIFL Securities RMoney
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time Equity 3:15 PM
Other Features
Referral Program
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IIFL Securities Vs RMoney Review

IIFL Securities is rated 2.7 of 5 based on 111 customer reviews whereas RMoney is rated 4.0 of 5 based on 3 customer reviews.

  IIFL Securities RMoney
  111 Customer Reviews    Rate IIFL Securities 3 Customer Reviews    Rate RMoney
Fees 2.8 4.7
Trading Brokerage 2.6 4.7
Trading Platform Usability 3.3 4.3
Customer Service 2.7 4.0
Research Capabilities 3.5
Overall Ratings Rated 2.7 stars Rated 4.0 stars
Broker Rating IIFL Securities is rated 2.7 of 5 based on 111 customer reviews RMoney is rated 4.0 of 5 based on 3 customer reviews
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Contact Broker / Request A Call Back

  IIFL Securities Enquire RMoney Enquire
Contact Broker

Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer

RMoney ₹0 Account Opening Fee + ₹0 Demat AMC (for Life) + Free Call & Trade Get the offer

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IIFL Securities Vs RMoney Investment Options

  IIFL Securities RMoney
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Insurance Corporate FD, Life Instance, General Insurance
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IIFL Securities Vs RMoney Order Type Offered

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

  IIFL Securities RMoney
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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IIFL Securities Vs RMoney Suitable For Investor Type

  IIFL Securities RMoney
Casual Investor Yes
Active Investor Yes
Trader Yes Yes
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IIFL Securities Vs RMoney - Pros and Cons

  IIFL Securities RMoney
Pros
  1. 4000+ branches in 900+ cities make them your neighborhood broker.
  2. Being a full service broker, they offer wide range of financial products and services.
  3. IIFL offers Systematic Investment Plan in Equity, Commodity and Mutual Fund.
  4. India Infoline Ltd is a publicly traded company listed at BSE and NSE.
  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
  1. SMS alerts at additional ₹249 per month
  2. Demat debit charges is 0.05% (Minimum ₹15 - Maximum ₹100) per debit transaction. Demat credit charges is NIL.
  3. India Infoline doesn't provide 3-in-1 account.
  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 Open IIFL Demat & Trading Account & Save upto ₹1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer

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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