Indiabulls Vs RMoney (Compare Indiabulls and RMoney)
The side-by-side comparison of Indiabulls and RMoney. Compare Indiabulls Vs RMoney brokerage, charges, exposure margin, demat account. Read RMoney and Indiabulls review.
Find out Indiabulls Vs RMoney which is better and Indiabulls Vs RMoney which is best.
Our Indiabulls Ventures Limited comparison with Raghunandan Capital Pvt Ltd highlights the major differences between two brokers. Find the best between Indiabulls and RMoney.
Indiabulls is a full-service stockbroker offering unlimited trading plans at discounted rates. Indiabulls is among the best stock broker in India with offering including unlimited trading plans, free trading platforms, free call & trade, free res...
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
Discount Broker
Discount Broker
Supported Exchnage
BSE, NSE and MCX
BSE, NSE, MCX, NCDEX
Account Type
Default Plan
Zero Brokerage Plans
Broker Enquiry
Year of Incorporation
2000
Number of Branches
18
Indiabulls Vs RMoney Charges
Indiabulls
RMoney
Trading Account Opening Fees
₹450
₹0 (Free)
Trading Account AMC
₹0
₹0 (Free)
Demat Account Opening Fees
₹0
₹0 (Free)
Demat Account AMC
₹450
₹0 for lifetime (Free)
Demat Account is Mandatory?
No
No
Indiabulls Vs RMoney Brokerage
Brokerage Plan 1
Indiabulls
RMoney
Account Type
Default Plan
Zero Brokerage Plans
Fixed Charges
NA
Equity Delivery Brokerage
₹0 (Free)
₹0 (Free)
Equity Intraday Brokerage
₹15 per executed order
₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage
₹15 per executed order
₹18 per executed order or .01% whichever is lower
Equity Options Brokerage
₹15 per executed order
₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
₹15 per executed order
₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹15 per executed order
₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage
0.03%
₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage
0.03%
Brokerage Plan 2
Indiabulls
RMoney
Account Type
Equity Unlimited Trade
Happy Service Plan
Fixed Charges
₹1000
NA
Equity Delivery Brokerage
₹0 (Free)
0.10% to 0.40%
Equity Intraday Brokerage
₹0 (Free)
0.01% to 0.04%
Equity Futures Brokerage
NA
0.005% to 0.02%
Equity Options Brokerage
NA
₹20 to ₹80 per lot
Currency Futures Trading Brokerage
NA
0.005% to 0.02%
Currency Options Trading Brokerage
NA
0.005% to 0.02%
Commodity Futures Trading Brokerage
NA
0.005% to 0.02%
Commodity Options Trading Brokerage
NA
Brokerage Plan 3
Indiabulls
RMoney
Account Type
F&O Unlimited Trade
Zero Brokerage Plans
Fixed Charges
₹1000
NA
Equity Delivery Brokerage
₹0 (Free)
₹0 (Free)
Equity Intraday Brokerage
NA
₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage
₹0 (Free)
₹18 per executed order or .01% whichever is lower
Equity Options Brokerage
₹0 (Free)
₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
₹0 (Free)
₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹0 (Free)
₹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
Other Charges
Minimum Brokerage Charges
₹0 (Unlimited Plan), ₹15 (Per Trade Plan)
₹0
Other Brokerage Charges
Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment
Call & Trade Charges
₹0 (Free)
₹0 (Unlimited Calls)
Indiabulls Vs RMoney Taxes
Indiabulls
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.
Indiabulls Vs RMoney Transaction Charges
Indiabulls
RMoney
Equity Delivery
₹325 per crore (0.00325%)
NSE ₹325 per crore | BSE ₹275 per crore (0.00275%)
Equity Intraday
₹325 per crore (0.00325%)
NSE ₹325 per crore | BSE ₹275 per crore (0.00275%
Equity Futures
₹250 per crore (0.0025%)
NSE ₹250 per crore | BSE ₹110 per crore (0.0011%)
Equity Options
₹5500 per crore (on premium) (0.055%)
NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%)
Currency Futures
₹250 per crore (0.0025%)
NSE, BSE - ₹150 per crore (0.0015%)
Currency Options
₹5500 per crore (on premium) (0.055%)
NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity
MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%)
Indiabulls Vs RMoney Exposure Margin
Indiabulls
RMoney
Equity Delivery
1x (no margin)
Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5)
Equity Intraday
Up to 5x (based on the stock)
20x (5%) (Intraday Only)
Equity Futures
Intra-day: 2x | Carry forward: 1x (no margin)
Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%)
Equity Options
Intra-day: 2x | Carry forward: 1x
Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin
Currency Futures
Intra-day: 2x | Carry forward: 1x
Intraday - 100X (1%)
Currency Options
Intra-day: 2x | Carry forward: 1x
Intraday - 100X (1%)
Commodity Futures
NA
Intraday - 77X (1.3%)
Commodity Options
NA
Indiabulls and RMoney Feature Comparison
Indiabulls
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
SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB)
RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time
Equity 3:15 PM
Other Features
Live News, World market summary
Referral Program
Indiabulls Vs RMoney Review
Indiabulls
RMoney
44 Customer Reviews
3 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Indiabulls is Rated 3.2 / 5 based on 44 customer reviews
RMoney is Rated 4.0 / 5 based on 3 customer reviews
Contact Broker / Request A Call Back
Indiabulls Enquire
RMoney Enquire
Contact Broker
Indiabulls Vs RMoney Investment Options
Indiabulls
RMoney
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Corporate FD, Life Instance, General Insurance
Indiabulls Vs RMoney Customer Service
Indiabulls
RMoney
24/7 Customer Service
Onine Live Chat
Through Branches
Indiabulls Vs RMoney Order Type Offered
Indiabulls
RMoney
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Indiabulls Vs RMoney Research Report
Indiabulls
RMoney
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Indiabulls Vs RMoney Suitable For Investor Type
Indiabulls
RMoney
Casual Investor
Active Investor
Trader
Indiabulls Vs RMoney - Advantages and Disadvantages
Indiabulls
RMoney
Pros
Brokerages free equity delivery trading. Truly no brokerage charges for cash & carry trades.
Pay flat Rs 15 per trade for trade across all other segments or subscribe to unlimited trading plans starting at Rs 1000 per month.
Interest-free Margin Funding in Unlimited Trading plan.
Margin funding is available at a low cost of 12% per annum in Rs 15/trade plan.
Free trading software.
Free research reports and trading tips to all the customers.
Years of experience, trust and good track record in stock broker business.
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.
Limited Time Offer - FREE Unlimited Trading for 1st Month (₹1000 waived)
Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at ₹1000/month or Trade at flat ₹15 per executed order.
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