Indiabulls Vs RMoney (Compare Indiabulls and RMoney)

Indiabulls Vs RMoney

Incorporated in 2000, Indiabulls is a Full Service Broker. It offers trading at BSE, NSE and MCX. It has 18 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

	Indiabulls	RMoney
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE and MCX	BSE, NSE, MCX, NCDEX
Year of Incorporation	2000
Number of Branches	18
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Indiabulls Vs RMoney Charges & AMC

Indiabulls trading account opening charges is Rs 500 while RMoney account opening changes is Rs 199. Indiabulls Demat Account AMC Charges is Rs 450 and RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free).

	Indiabulls	RMoney
Trading Account Opening Charges	Rs 500	Rs 199
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 450	Rs 0 for lifetime (Free)

Indiabulls Vs RMoney Brokerage

Indiabulls brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free) whereas RMoney brokerage charges for equity is Rs 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower.

	Indiabulls	RMoney
Account Type	Equity Unlimited Trade	Zero Brokerage Plans
Fixed Charges	Rs 1000	NA
Equity Delivery	Rs 0 (Free)	Rs 0 (Free)
Equity Intraday	Rs 0 (Free)	Rs 18 per executed order or .01% whichever is lower
Equity Futures	Rs 15 per trade	Rs 18 per executed order or .01% whichever is lower
Equity Options	Rs 15 per trade	Rs 18 per executed order or .01% whichever is lower
Currency Futures	Rs 15 per trade	Rs 18 per executed order or .01% whichever is lower
Currency Options	Rs 15 per trade	Rs 18 per executed order or .01% whichever is lower
Commodity Futures	0.03%	Rs 18 per executed order or .01% whichever is lower
Commodity Options	0.03%
Special Offer	Special Offer: FREE Unlimited Trading for 1st Month (Rs 1000 waived) Get the offer	Special Offer: RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer

Indiabulls Vs RMoney Brokerage Plan 2

	Indiabulls	RMoney
Account Type	F&O Unlimited Trade	Happy Service Plan
Fixed Charges	Rs 1000	NA
Equity Delivery	Rs 15 per trade	0.10% to 0.40%
Equity Intraday	Rs 15 per trade	0.01% to 0.04%
Equity Futures	Rs 0 (Free)	0.005% to 0.02%
Equity Options	Rs 0 (Free)	Rs 20 to Rs 80 per lot
Currency Futures	Rs 0 (Free)	0.005% to 0.02%
Currency Options	Rs 0 (Free)	0.005% to 0.02%
Commodity Futures	0.03%	0.005% to 0.02%
Commodity Options	0.03%
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Indiabulls Vs RMoney Brokerage Plan 3

	Indiabulls	RMoney
Account Type	Base Plan	Zero Brokerage Plans
Fixed Charges	NA	NA
Equity Delivery	Rs 0 (Free)	Rs 0 (Free)
Equity Intraday	Rs 15 per executed order	Rs 18 per executed order or .01% whichever is lower
Equity Futures	Rs 15 per executed order	Rs 18 per executed order or .01% whichever is lower
Equity Options	Rs 15 per executed order	Rs 18 per executed order or .01% whichever is lower
Currency Futures	Rs 15 per executed order	Rs 18 per executed order or .01% whichever is lower
Currency Options	Rs 15 per executed order	Rs 18 per executed order or .01% whichever is lower
Commodity Futures	0.03%	Rs 18 per executed order or .01% whichever is lower
Commodity Options	0.03%
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Indiabulls Charges Vs RMoney

Minimum Brokerage	Rs 0 (Unlimited Plan), Rs 15 (Per Trade Plan)	Rs 0
Other Charges		Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment
Call & Trade Charges	Rs 0 (Free)	Rs 0 (Unlimited Calls)

Indiabulls Vs RMoney Transaction Charges

Indiabulls transaction charges for options is Rs 5500 per crore (on premium) (0.055%) while RMoney exchange transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%).

	Indiabulls	RMoney
Equity Delivery	Rs 325 per crore (0.00325%)	NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%)
Equity Intraday	Rs 325 per crore (0.00325%)	NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%
Equity Futures	Rs 250 per crore (0.0025%)	NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%)
Equity Options	Rs 5500 per crore (on premium) (0.055%)	NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%)
Currency Futures	Rs 250 per crore (0.0025%)	NSE, BSE - Rs 150 per crore (0.0015%)
Currency Options	Rs 5500 per crore (on premium) (0.055%)	NSE, BSE - Rs 7500 (on premium) per crore (0.075%)
Commodity		MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%)
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Indiabulls Vs RMoney Leverage (Margin)

Indiabulls margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the RMoney margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Indiabulls	RMoney
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Indiabulls and RMoney Features

The trading platforms offered Indiabulls include SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB). RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.

	Indiabulls	RMoney
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
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
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Indiabulls Vs RMoney Review

Indiabulls is rated 3.2 of 5 based on 50 customer reviews whereas RMoney is rated 3.8 of 5 based on 4 customer reviews.

	Indiabulls	RMoney
	50 Customer Reviews	4 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Indiabulls is rated 3.2 of 5 based on 50 customer reviews	RMoney is rated 3.8 of 5 based on 4 customer reviews

Indiabulls Vs RMoney Investment Options

	Indiabulls	RMoney
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Corporate FD, Life Instance, General Insurance

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)
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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 - Pros and Cons

	Indiabulls	RMoney
Pros	Brokerages free equity delivery trading. Truly no brokerage charges for cash & carry trades. 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.	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	Online IPO and Mutual Fund investment are not available in Indiabulls Shubh App. Local branch support is not available to online customers. Advance order types i.e. Bracket Order, Cover Order are not available in monthly unlimited trading plans. Margin against share is not available in Unlimited Trading Plans.	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	Limited Time Offer - FREE Unlimited Trading for 1st Month (Rs 1000 waived) Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at Rs 1000/month or Trade at flat Rs 15 per executed order. Get this limited time offer	Lifetime FREE AMC Demat Account + Free Call & Trade Get free lifetime free AMC demat account and pay flat Rs 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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