The side-by-side comparison of Karvy and RMoney. Compare Karvy Vs RMoney brokerage, charges, exposure margin, demat account. Read RMoney and Karvy review.
Find out Karvy Vs RMoney which is better and Karvy Vs RMoney which is best.
Our Karvy Stock Broking Ltd comparison with Raghunandan Capital Pvt Ltd highlights the major differences between two brokers. Find the best between Karvy and RMoney.
Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services.
They offer Customized investment solutions to corporate, institut...
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
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX, NCDEX
Account Type
Retail Brokerage Plan
Zero Brokerage Plans
Broker Enquiry
Year of Incorporation
1985
Number of Branches
575
Karvy Vs RMoney Charges
Karvy
RMoney
Trading Account Opening Fees
₹650
₹0 (Free)
Trading Account AMC
₹0
₹0 (Free)
Demat Account Opening Fees
₹0
₹0 (Free)
Demat Account AMC
₹420
₹0 for lifetime (Free)
Demat Account is Mandatory?
No
No
Karvy Vs RMoney Brokerage
Brokerage Plan 1
Karvy
RMoney
Account Type
Retail Brokerage Plan
Zero Brokerage Plans
Fixed Charges
Equity Delivery Brokerage
0.3%
₹0 (Free)
Equity Intraday Brokerage
0.03%
₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage
0.03%
₹18 per executed order or .01% whichever is lower
Equity Options Brokerage
₹30 per lot
₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
0.03%
₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹30 per lot
₹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
₹30 per lot
Brokerage Plan 2
Karvy
RMoney
Account Type
Premium Subscription Plan of 100000
Happy Service Plan
Fixed Charges
₹100,000 per year
NA
Equity Delivery Brokerage
0.1%
0.10% to 0.40%
Equity Intraday Brokerage
0.01%
0.01% to 0.04%
Equity Futures Brokerage
0.01%
0.005% to 0.02%
Equity Options Brokerage
₹10 per lot
₹20 to ₹80 per lot
Currency Futures Trading Brokerage
0.01%
0.005% to 0.02%
Currency Options Trading Brokerage
₹10 per lot
0.005% to 0.02%
Commodity Futures Trading Brokerage
0.01%
0.005% to 0.02%
Commodity Options Trading Brokerage
₹10 per lot
Other Charges
Minimum Brokerage Charges
Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
₹0
Other Brokerage Charges
Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment
Call & Trade Charges
₹0 (Unlimited Calls)
Karvy Vs RMoney Taxes
Karvy
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.
Karvy Vs RMoney Transaction Charges
Karvy
RMoney
Equity Delivery
₹325
NSE ₹325 per crore | BSE ₹275 per crore (0.00275%)
Equity Intraday
₹325
NSE ₹325 per crore | BSE ₹275 per crore (0.00275%
Equity Futures
₹230
NSE ₹250 per crore | BSE ₹110 per crore (0.0011%)
Equity Options
₹5500
NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%)
Currency Futures
₹325
NSE, BSE - ₹150 per crore (0.0015%)
Currency Options
NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity
₹300
MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%)
Karvy Vs RMoney Exposure Margin
Karvy
RMoney
Equity Delivery
Upto 5x with 24% interest per year
Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5)
Equity Intraday
Upto 20x
20x (5%) (Intraday Only)
Equity Futures
Upto 4x
Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%)
Equity Options
Upto 4x for shorting
Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin
Currency Futures
Nil
Intraday - 100X (1%)
Currency Options
Nil
Intraday - 100X (1%)
Commodity Futures
Upto 4x
Intraday - 77X (1.3%)
Commodity Options
Karvy and RMoney Feature Comparison
Karvy
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
NEST, Karvy Web, Trade Mobile
RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time
3:15
Equity 3:15 PM
Other Features
Ask the expert, The Finapolis
Referral Program
Karvy Vs RMoney Review
Karvy
RMoney
21 Customer Reviews
3 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Karvy is Rated 2.1 / 5 based on 21 customer reviews
RMoney is Rated 4.0 / 5 based on 3 customer reviews
Contact Broker / Request A Call Back
Karvy Enquire
RMoney Enquire
Contact Broker
Karvy Vs RMoney Investment Options
Karvy
RMoney
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Corporate FD, Life Instance, General Insurance
Karvy Vs RMoney Customer Service
Karvy
RMoney
24/7 Customer Service
Onine Live Chat
Through Branches
Karvy Vs RMoney Order Type Offered
Karvy
RMoney
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Karvy Vs RMoney Research Report
Karvy
RMoney
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Karvy Vs RMoney Suitable For Investor Type
Karvy
RMoney
Casual Investor
Active Investor
Trader
Karvy Vs RMoney - Advantages and Disadvantages
Karvy
RMoney
Pros
Pay ₹1200 one time and get life time free AMC demat account
Offers investment in IPO and Mutual funds
Free research reports
Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
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.
Karvy - Zero Account Opening Fee + Up to ₹5500 Brokerage Refund
Open Demat and Trading account with Karvy Stock Broking for free (₹650 waived) and get up to ₹5500 brokerage back based on the brokerage generated for the period of 30 days from account opening.
Interested in opening a trading account? Request Callback from Karvy Stock Broking.
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