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IIFL Securities Vs RMoney (Compare IIFL Securities and RMoney)

IIFL Securities Ltd Logo

IIFL Securities
Incorporated in 1995, IIFL Securities is one of the largest full-service stockbrokers in India. IIFL Securities is part of IIFL Group, a leading financial service provider offering a wide range of services. IIFL 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 as Stocks, Derivatives, Commodities, Insurance, FD... Know more about IIFL Securities Ltd

Raghunandan Capital Pvt Ltd Logo

About RMoney
Incorporated in 2004, Raghunandan Money (RMoney) is an Agra-based financial service provider. The company offers a range of financial products and services. These include Online Stock & Commodity Broking, Mutual Funds, IPO, Insurance (Life & General), Bonds, and Corporate FDRs. 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 and 4% of MCX turnover. It has a strong presence in Northe... 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
Exchnage Membership NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Year of Incorporation 1996
Number of Branches 900
Open IIFL Securities Account

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IIFL Securities Vs RMoney Charges & AMC

IIFL Securities trading account opening charges is Rs 0 (Free) while RMoney account opening changes is Rs 0 (Free). IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year) and RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free).

  IIFL Securities RMoney
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 250 (Free for 1st year) Rs 0 for lifetime (Free)

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IIFL Securities Vs RMoney Brokerage

IIFL Securities brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order whereas RMoney brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order.

Account Type IIFL Securities iServe RMoney Rs 9 Per Trade Plan
Fixed Charges NA NA
Equity Delivery Rs 20 per order Rs 9 per executed order
Equity Intraday Rs 20 per order Rs 9 per executed order
Equity Futures Rs 20 per order Rs 9 per executed order
Equity Options Rs 20 per order Rs 9 per executed order
Currency Futures Rs 20 per order Rs 9 per executed order
Currency Options Rs 20 per order Rs 9 per executed order
Commodity Futures Rs 20 per order Rs 9 per executed order
Commodity Options Rs 20 per order Rs 9 per executed order
Special Offer
Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

IIFL Securities Vs RMoney Brokerage Plan 2

  IIFL Securities RMoney
Account Type iServe Rs 999 Per Month Trade Plan
Fixed Charges NA Rs 999
Equity Delivery Rs 20 per order Rs 0
Equity Intraday Rs 20 per order Rs 0
Equity Futures Rs 20 per order Rs 0
Equity Options Rs 20 per order Rs 0
Currency Futures Rs 20 per order Rs 0
Currency Options Rs 20 per order Rs 0
Commodity Futures Rs 20 per order Rs 0
Commodity Options Rs 20 per order Rs 0
Open IIFL Securities Account

IIFL Securities Charges Vs RMoney

Minimum Brokerage Rs 0
Other Charges Advisory SMS - Rs 50 per month Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment
Call & Trade Charges Rs 50 per call Rs 0 (Unlimited Calls)

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IIFL Securities Vs RMoney Transaction Charges

IIFL Securities transaction charges for options is Rs 5100 per Cr (0.051%) (on premium) while RMoney exchange transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 2750 per crore (0.0275%).

  IIFL Securities RMoney
Equity Delivery Rs 325 per Cr (0.00325%) NSE Rs 345 per crore | BSE Rs 345 per crore (0.00345%)
Equity Intraday Rs 325 per Cr (0.00325%) NSE Rs 345 per crore | BSE Rs 345 per crore (0.00345%)
Equity Futures Rs 210 per Cr (0.0021%) NSE Rs 260 per crore | BSE Rs 70 per crore (0.007%)
Equity Options Rs 5100 per Cr (0.051%) (on premium) NSE Rs 7000 per crore (0.07%) | BSE Rs 2750 per crore (0.0275%)
Currency Futures Rs 210 per Cr (0.0021%) NSE Rs 180 per crore (0.0018%) | BSE Rs 160 per crore (0.0016%)
Currency Options Rs 5100 per Cr (0.051%) (on premium) NSE Rs 5000 (on premium) per crore (0.05%) | BSE Rs 7500 (on premium) per crore (0.075%)
Commodity Group A - Rs 280 per Cr (0.0028%) MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%)
Open IIFL Securities Account

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IIFL Securities Vs RMoney Leverage (Margin)

IIFL Securities 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.

  IIFL Securities 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)
Open IIFL Securities Account

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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 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
Trading In SME Shares Allowed?
Referral Program
Other Features
Open IIFL Securities Account

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IIFL Securities Vs RMoney Review

IIFL Securities is rated 2.6 of 5 based on 128 customer reviews whereas RMoney is rated 3.2 of 5 based on 5 customer reviews.

  IIFL Securities RMoney
  128 Customer Reviews    Rate IIFL Securities 5 Customer Reviews    Rate RMoney
Fees 2.8 4.4
Brokerage 2.6 4.2
Trading Platform 3.2 3.4
Customer Service 2.6 3.8
Research Capabilities 3.0 2.0
Overall Ratings Rated 2.6 stars Rated 3.2 stars
Broker Rating IIFL Securities is rated 2.6 of 5 based on 128 customer reviews RMoney is rated 3.2 of 5 based on 5 customer reviews

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Contact Broker / Request A Call Back

  IIFL Securities Enquire RMoney Enquire
Contact Broker Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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IIFL Securities Vs RMoney Investment Options

  IIFL Securities RMoney
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
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
Open IIFL Securities Account

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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 Yes
Trader Yes Yes

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IIFL Securities Vs RMoney - Pros and Cons

  IIFL Securities RMoney
Pros
  1. Full-service broker offering quality research and recommendations.
  2. Flat Rs 20 per trade brokerage for Intraday & F&O.
  3. IIFL offers Equity SIP and Mutual Fund SIP.
  4. Margin funding is available.
  5. IIFL Securities 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. Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  2. Equity delivery brokerage is charged at flat Rs 20 per trade.
  3. It doesn't offer Direct Mutual Funds.
  4. Call & trade changes are Rs 50 per call.
  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

IIFL Securities Special Offer

Flat Rs 20 Per Trade Brokerage + Free Account Opening

  • Flat Rs 20 per trade brokerage for delivery, intraday and F&O +
  • Trade with the best rated mobile trading app.

This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews
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