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RMoney Vs Alice Blue (Compare RMoney and Alice Blue)

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

Find out RMoney Vs Alice Blue which is better and RMoney Vs Alice Blue which is best.

Our Raghunandan Capital Pvt Ltd comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between RMoney and Alice Blue.

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RMoney Vs Alice Blue

  Raghunandan Capital Pvt Ltd Alice Blue Financial Services
 
Raghunandan Capital Pvt Ltd Logo Alice Blue Financial Services Logo
About the Broker 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 Incorporated in 2006, Alice Blue is a Bangalore based financial service provider. AliceBlue is a discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) throu... Know more about Alice Blue Financial Services
Type of Broker Discount Broker Discount Broker
Supported Exchnage BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Account Type Zero Brokerage Plans F20
Broker Enquiry
Year of Incorporation
Number of Branches
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RMoney Vs Alice Blue Charges

  Raghunandan Capital Pvt Ltd Alice Blue Financial Services
Trading Account Opening Fees ₹0 (Free) Equity ₹310 | Commodity ₹120
Trading Account AMC ₹0 (Free) ₹0
Demat Account Opening Fees ₹0 (Free) ₹0
Demat Account AMC ₹0 for lifetime (Free) ₹0
Demat Account is Mandatory? No No
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RMoney Vs Alice Blue Brokerage

Brokerage Plan 1

  Raghunandan Capital Pvt Ltd Alice Blue Financial Services
Account Type Zero Brokerage Plans F20
Fixed Charges NA
Equity Delivery Brokerage ₹0 (Free) ₹0 (Free)
Equity Intraday Brokerage ₹18 per executed order or .01% whichever is lower ₹20 per executed order or 0.01 whichever lower
Equity Futures Brokerage ₹18 per executed order or .01% whichever is lower ₹20 per executed order or 0.01 whichever lower
Equity Options Brokerage ₹18 per executed order or .01% whichever is lower ₹20 per executed order or 0.01 whichever lower
Currency Futures Trading Brokerage ₹18 per executed order or .01% whichever is lower ₹20 per executed order or 0.01 whichever lower
Currency Options Trading Brokerage ₹18 per executed order or .01% whichever is lower ₹20 per executed order or 0.01 whichever lower
Commodity Futures Trading Brokerage ₹18 per executed order or .01% whichever is lower ₹20 per executed order or 0.01 whichever lower
Commodity Options Trading Brokerage

Brokerage Plan 2

  Raghunandan Capital Pvt Ltd Alice Blue Financial Services
Account Type Happy Service Plan F20
Fixed Charges NA
Equity Delivery Brokerage 0.10% to 0.40% ₹0 (Free)
Equity Intraday Brokerage 0.01% to 0.04% ₹20 per executed order or 0.01 whichever lower
Equity Futures Brokerage 0.005% to 0.02% ₹20 per executed order or 0.01 whichever lower
Equity Options Brokerage ₹20 to ₹80 per lot ₹20 per executed order or 0.01 whichever lower
Currency Futures Trading Brokerage 0.005% to 0.02% ₹20 per executed order or 0.01 whichever lower
Currency Options Trading Brokerage 0.005% to 0.02% ₹20 per executed order or 0.01 whichever lower
Commodity Futures Trading Brokerage 0.005% to 0.02% ₹20 per executed order or 0.01 whichever lower
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges ₹0 ₹0
Other Brokerage Charges Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment
Call & Trade Charges ₹0 (Unlimited Calls) ₹20 per executed order
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RMoney Vs Alice Blue Taxes

  Raghunandan Capital Pvt Ltd Alice Blue Financial Services
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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RMoney Vs Alice Blue Transaction Charges

  Raghunandan Capital Pvt Ltd Alice Blue Financial Services
Equity Delivery NSE ₹325 per crore | BSE ₹275 per crore (0.00275%) NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Intraday NSE ₹325 per crore | BSE ₹275 per crore (0.00275% NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Futures NSE ₹250 per crore | BSE ₹110 per crore (0.0011%) NSE ₹210 per crore | BSE ₹1 per trade (each side)
Equity Options NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%) NSE ₹5300 per crore | BSE ₹1 per trade (each side)
Currency Futures NSE, BSE - ₹150 per crore (0.0015%) NSE ₹135 per crore (0.00135%)
Currency Options NSE, BSE - ₹7500 (on premium) per crore (0.075%) NSE ₹4400 (on premium) per crore (0.044%)
Commodity MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%) Non-Agri ₹360 (0.0036%) | Agri ₹275 per Crore
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RMoney Vs Alice Blue Exposure Margin

  Raghunandan Capital Pvt Ltd Alice Blue Financial Services
Equity Delivery Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5) 3x (A category)
Equity Intraday 20x (5%) (Intraday Only) Up to 20x (based on the stock)
Equity Futures Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%) Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin Intraday - 3x Buy & 10x Sell, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures Intraday - 100X (1%) Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options Intraday - 100X (1%) Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures Intraday - 77X (1.3%) Intraday - 10%(10x), Carry forward - 100%(1x) of Total span margin
Commodity Options
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RMoney and Alice Blue Feature Comparison

  Raghunandan Capital Pvt Ltd Alice Blue Financial Services
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time Equity 3:15 PM Equity: 3:15PM
Other Features
Referral Program
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RMoney Vs Alice Blue Review

  Raghunandan Capital Pvt Ltd Alice Blue Financial Services
  3 Customer Reviews    Rate RMoney 17 Customer Reviews    Rate Alice Blue
Fees Ratings 4.7 4.8
Trading Brokerage Rating 4.7 4.5
Trading Platform Usability 4.3 4.5
Customer Service Ratings 4.0 4.1
Overall Ratings Rated 4.0 stars Rated 4.5 stars
Broker Rating RMoney is Rated 4.0 / 5 based on 3 customer reviews Alice Blue is Rated 4.5 / 5 based on 17 customer reviews
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Contact Broker / Request A Call Back

  Raghunandan Capital Pvt Ltd Alice Blue Financial Services
Contact / Request Call Back
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RMoney Vs Alice Blue Investment Options

  Raghunandan Capital Pvt Ltd Alice Blue Financial Services
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Corporate FD, Life Instance, General Insurance
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RMoney Vs Alice Blue Customer Service

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

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

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

  Raghunandan Capital Pvt Ltd Alice Blue Financial Services
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes
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RMoney Vs Alice Blue - Advantages and Disadvantages

  Raghunandan Capital Pvt Ltd Alice Blue Financial Services
Pros
  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...

  • Discount stock broker.
  • Most advance trading platform.
  • Free equity delivery trades. No brokerage.
  • 01% or Rs 20 whichever is less brokerage for intraday and F&O.
  • Up to 20x margin in equity intraday.
  • Demat AMC is free for lifetime for all customers.

More Advantages...

Cons
  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...

  • Online Mutual Fund investment is not available.
  • Margin funding is not available.
  • Good Till Cancelled (GTC) orders not available.
  • Call & Trade is available with additional cost of ₹20 per order.

More Disadvantages...

Reviews Useful Articles:
Promo / Offers

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.

Free Equity Delivery Trade + Lifetime FREE AMC Demat Account

Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. In addition, get Lifetime Zero AMC Demat Account with no additional cost. To open an account with Alice Blue, simply leave your contact information and Alice Blue representatives will call you.

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