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Religare Vs RMoney (Compare Religare and RMoney)

The side-by-side comparison of Religare and RMoney. Compare Religare Vs RMoney brokerage, charges, exposure margin, demat account. Read RMoney and Religare review.

Find out Religare Vs RMoney which is better and Religare Vs RMoney which is best.

Our Religare comparison with Raghunandan Capital Pvt Ltd highlights the major differences between two brokers. Find the best between Religare and RMoney.

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Religare Vs RMoney

  Religare Raghunandan Capital Pvt Ltd
 
Religare Logo Raghunandan Capital Pvt Ltd Logo
About the Broker Update On Dec 20, 2017, Edelweiss Group's wealth management unit has acquired the securities business of Religare Enterprises Ltd. The acquisition includes Religare's securities and commodities broking services along with depository participant s... Know more about Religare 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... Know more about Raghunandan Capital Pvt Ltd
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Account Type My Saver Online Plan Zero Brokerage Plans
Broker Enquiry Open an Online Trading Account with Religare. Leave your contact info and we will get in touch with you.
Year of Incorporation 1994
Number of Branches 1500
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Religare Vs RMoney Charges

  Religare Raghunandan Capital Pvt Ltd
Trading Account Opening Fees ₹500 ₹0 (Free)
Trading Account AMC Nil ₹0 (Free)
Demat Account Opening Fees Nil ₹0 (Free)
Demat Account AMC ₹400 from second year onward ₹0 for lifetime (Free)
Demat Account is Mandatory? No No
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Religare Vs RMoney Brokerage

Brokerage Plan 1

  Religare Raghunandan Capital Pvt Ltd
Account Type My Saver Online Plan Zero Brokerage Plans
Fixed Charges
Equity Delivery Brokerage 0.50% to 0.10% ₹0 (Free)
Equity Intraday Brokerage 0.050% to 0.010% ₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage 0.05% ₹18 per executed order or .01% whichever is lower
Equity Options Brokerage ₹70 per lot ₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage 0.05% ₹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 0.05% ₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage ₹30 per lot

Brokerage Plan 2

  Religare Raghunandan Capital Pvt Ltd
Account Type My Saver Online Plan Happy Service Plan
Fixed Charges NA
Equity Delivery Brokerage 0.50% to 0.10% 0.10% to 0.40%
Equity Intraday Brokerage 0.050% to 0.010% 0.01% to 0.04%
Equity Futures Brokerage 0.05% 0.005% to 0.02%
Equity Options Brokerage ₹70 per lot ₹20 to ₹80 per lot
Currency Futures Trading Brokerage 0.05% 0.005% to 0.02%
Currency Options Trading Brokerage ₹30 per lot 0.005% to 0.02%
Commodity Futures Trading Brokerage 0.05% 0.005% to 0.02%
Commodity Options Trading Brokerage ₹30 per lot

Other Charges

Minimum Brokerage Charges 1p per share ₹0
Other Brokerage Charges Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment
Call & Trade Charges ₹10 per executed order (max Rs 50 per day) ₹0 (Unlimited Calls)
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Religare Vs RMoney Taxes

  Religare Raghunandan Capital Pvt Ltd
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)
  • 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 Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Religare Vs RMoney Transaction Charges

  Religare Raghunandan Capital Pvt Ltd
Equity Delivery 0.0037% NSE ₹325 per crore | BSE ₹275 per crore (0.00275%)
Equity Intraday 0.0037% NSE ₹325 per crore | BSE ₹275 per crore (0.00275%
Equity Futures 0.004% NSE ₹250 per crore | BSE ₹110 per crore (0.0011%)
Equity Options 0.06% on Premium NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%)
Currency Futures 0.004% NSE, BSE - ₹150 per crore (0.0015%)
Currency Options 0.06% on Premium NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity 0.0035% MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%)
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Religare Vs RMoney Exposure Margin

  Religare Raghunandan Capital Pvt Ltd
Equity Delivery Upto 4x with 24% interest per year Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5)
Equity Intraday Upto 10x 20x (5%) (Intraday Only)
Equity Futures Upto 3x Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%)
Equity Options Upto 3x for shorting Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin
Currency Futures Upto 2x Intraday - 100X (1%)
Currency Options 2x for shorting Intraday - 100X (1%)
Commodity Futures Upto 3x Intraday - 77X (1.3%)
Commodity Options
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Religare and RMoney Feature Comparison

  Religare Raghunandan Capital Pvt Ltd
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 Available No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Odin Diet, Web, Dynami RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time Equity 3:15 PM
Other Features Mutual Fund, EMI Calculator
Referral Program
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Religare Vs RMoney Review

  Religare Raghunandan Capital Pvt Ltd
  71 Customer Reviews    Rate Religare 3 Customer Reviews    Rate RMoney
Fees Ratings 3.2 4.7
Trading Brokerage Rating 3.1 4.7
Trading Platform Usability 3.0 4.3
Customer Service Ratings 3.0 4.0
Overall Ratings Rated 2.9 stars Rated 4.0 stars
Broker Rating Religare is Rated 2.9 / 5 based on 71 customer reviews RMoney is Rated 4.0 / 5 based on 3 customer reviews
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Contact Broker / Request A Call Back

  Religare Raghunandan Capital Pvt Ltd
Contact / Request Call Back
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Religare Vs RMoney Investment Options

  Religare Raghunandan Capital Pvt Ltd
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Corporate FD, Life Instance, General Insurance
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Religare Vs RMoney Customer Service

  Religare Raghunandan Capital Pvt Ltd
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes Yes
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Religare Vs RMoney Order Type Offered

  Religare Raghunandan Capital Pvt Ltd
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
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Religare Vs RMoney Research Report

  Religare Raghunandan Capital Pvt Ltd
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Religare Vs RMoney Suitable For Investor Type

  Religare Raghunandan Capital Pvt Ltd
Casual Investor Yes
Active Investor Yes
Trader Yes
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Religare Vs RMoney - Advantages and Disadvantages

  Religare Raghunandan Capital Pvt Ltd
Pros
  • 3 to 4 times exposure is given in cash as well as F&O segment.

More Advantages...

  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.

More Advantages...

Cons
  • EXE Based trading terminal are available for Rs 999 per annum.
  • Call and Trade is charged at Rs 10 per executed order (maximum Rs 50 per day in a segment).

More Disadvantages...

  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.

More Disadvantages...

Reviews Useful Articles:
Promo / Offers

Free Trading + Demat Account

Religare offer FREE Trading + Demat Account. In addition you get Rs 0 AMC on Demat Account for 1st year.

This is a limited time offer. Simply leave your contact information with us and religare representatives will contact you.

Lifetime FREE AMC Demat Account + Free Call & Trade

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.

Enquire about Religare
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