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Bajaj Financial Vs RMoney (Compare Bajaj Financial and RMoney)

About Bajaj Financial
Bajaj Financial Securities Limited (BFSL) is a subsidiary of Bajaj Finance Limited, one of the largest NBFCs in India. BFSL, a SEBI registered company offers stockbroking services and is a member of BSE and NSE. BFSL is the depository participant with NSDL and CDSL. BFSL offers online discount brokerage services in Equity and Derivative Trading, Mutual Funds, Margin Trading Financing, IPO Financing, Spread Financing and Loan Against Securities. BFSL has two trading platforms - BFSLTrade App (m...

Bajaj Financial Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

About RMoney
Incorporated in 2004, Raghunandan Money (RMoney) is an Gift City, Gandhinagar, Gujarat-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 ...

RMoney Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

Bajaj Financial Vs RMoney

Incorporated in 2010, Bajaj Financial is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

	Bajaj Financial	RMoney
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX, NCDEX
Year of Incorporation	2010
Number of Branches	6
	Open Bajaj Financial Account

Bajaj Financial Vs RMoney Charges & AMC

Bajaj Financial trading account opening charges is Rs 0 (Free) while RMoney account opening changes is Rs 0 (Free). Bajaj Financial Demat Account AMC Charges is Rs 199 (Free for 1st year) and RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free).

	Bajaj Financial	RMoney
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 899 per year	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 199 (Free for 1st year)	Rs 0 for lifetime (Free)

Bajaj Financial Vs RMoney Brokerage

Bajaj Financial 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	Bajaj Financial Freedom Plan	RMoney Rs 9 Per Trade Plan
Fixed Charges	Rs 431 per year	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 9 per executed order
Currency Options		Rs 9 per executed order
Commodity Futures		Rs 9 per executed order
Commodity Options		Rs 9 per executed order
Special Offer	Special Offer: Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) + Rs 0 Demat AMC Open Demat Account Now!.	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.

Bajaj Financial Vs RMoney Brokerage Plan 2

	Bajaj Financial	RMoney
Account Type	Professional Pack	Rs 999 Per Month Trade Plan
Fixed Charges	Rs 2500 per year	Rs 999
Equity Delivery	Rs 10 per order	Rs 0
Equity Intraday	Rs 10 per order	Rs 0
Equity Futures	Rs 10 per order	Rs 0
Equity Options	Rs 10 per order	Rs 0
Currency Futures		Rs 0
Currency Options		Rs 0
Commodity Futures		Rs 0
Commodity Options		Rs 0
	Open Bajaj Financial Account

Bajaj Financial Vs RMoney Brokerage Plan 3

	Bajaj Financial	RMoney
Account Type	Bajaj Privilege Club	Rs 9 Per Trade Plan
Fixed Charges	Rs 9999 per year	NA
Equity Delivery	Rs 5 per order	Rs 9 per executed order
Equity Intraday	Rs 5 per order	Rs 9 per executed order
Equity Futures	Rs 5 per order	Rs 9 per executed order
Equity Options	Rs 5 per order	Rs 9 per executed order
Currency Futures		Rs 9 per executed order
Currency Options		Rs 9 per executed order
Commodity Futures		Rs 9 per executed order
Commodity Options		Rs 9 per executed order
	Open Bajaj Financial Account

Bajaj Financial Charges Vs RMoney

Minimum Brokerage	Rs 5 per executed order	Rs 0
Other Charges	RMS Auto-Square off: Rs 20 per order	Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment
Call & Trade Charges	Rs 20 per trade	Rs 0 (Unlimited Calls)

Bajaj Financial Vs RMoney Transaction Charges

Bajaj Financial transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while RMoney exchange transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 2750 per crore (0.0275%).

	Bajaj Financial	RMoney
Equity Delivery	NSE Rs 345 per Cr (0.00345%) (each side)	NSE Rs 345 per crore \| BSE Rs 345 per crore (0.00345%)
Equity Intraday	NSE Rs 345 per Cr (0.00345%) (each side)	NSE Rs 345 per crore \| BSE Rs 345 per crore (0.00345%)
Equity Futures	NSE Rs 200 per Cr (0.002%)	NSE Rs 260 per crore \| BSE Rs 70 per crore (0.007%)
Equity Options	NSE Rs 5300 per Cr (0.053%) (on premium)	NSE Rs 7000 per crore (0.07%) \| BSE Rs 2750 per crore (0.0275%)
Currency Futures		NSE Rs 180 per crore (0.0018%) \| BSE Rs 160 per crore (0.0016%)
Currency Options		NSE Rs 5000 (on premium) per crore (0.05%) \| BSE Rs 7500 (on premium) per crore (0.075%)
Commodity		MCX Rs 325 (0.00325%) \| NCDEX Rs 600 per Cr(0.006%)
	Open Bajaj Financial Account

Bajaj Financial Vs RMoney Leverage (Margin)

Bajaj Financial 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.

	Bajaj Financial	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 Bajaj Financial Account

Compare Bajaj Financial and RMoney Features

The trading platforms offered Bajaj Financial include BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website). RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.

	Bajaj Financial	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	BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website)	RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time	3:15 PM	Equity 3:15 PM
Trading In SME Shares Allowed?
Referral Program
Other Features
	Open Bajaj Financial Account

Bajaj Financial Vs RMoney Review

Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews whereas RMoney is rated 3.2 of 5 based on 5 customer reviews.

	Bajaj Financial	RMoney
	15 Customer Reviews	5 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews	RMoney is rated 3.2 of 5 based on 5 customer reviews

Contact Broker / Request A Call Back

	Bajaj Financial Enquire	RMoney Enquire
Contact Broker	Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) + Rs 0 Demat AMC Open Demat Account Now!.	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.

Bajaj Financial Vs RMoney Investment Options

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

Bajaj Financial Vs RMoney Order Type Offered

	Bajaj Financial	RMoney
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Bajaj Financial Account

Bajaj Financial Vs RMoney Research Report

	Bajaj Financial	RMoney
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Bajaj Financial Vs RMoney Suitable For Investor Type

	Bajaj Financial	RMoney
Casual Investor
Active Investor
Trader

Bajaj Financial Vs RMoney - Pros and Cons

	Bajaj Financial	RMoney
Pros		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		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	Bajaj Financial Special Offer Rs 0 Account Opening (for a limited time only) Get FREE Account Opening. Flat Rs 20 Per Trade Brokerage (with Rs 431 yearly fee) Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly fee) Flat Rs 5 Per Trade Brokerage (with Rs 9999 yearly fee) Rs 0 Demat AMC This is a limited-time offer. Simply leave your contact information with us and Bajaj Financial representatives will contact you.	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
	Open Bajaj Financial Account

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