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RMoney Vs Alice Blue (Compare RMoney and Alice Blue)

Raghunandan Capital Pvt Ltd Logo

About RMoney
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 and Corporate FDR's. 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 turnover and over 4% of MCX turnover. It has a strong presence in... Know more about Raghunandan Capital Pvt Ltd

Alice Blue Financial Services Logo

About Alice Blue
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL. AliceBlue offers one simple brokerage plans, Freedom 15 (F15) to its customers. The flat fee brokerage plan F15 minimizes the brokerage fee so that customers incur the lowest cost while trading. It is a discount brokerage plan which offers brokerages free equi... Know more about Alice Blue Financial Services

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RMoney Vs Alice Blue

Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India. Incorporated in , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  RMoney Alice Blue
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Year of Incorporation
Number of Branches
Enquire RMoneyOpen Alice Blue Account

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RMoney Vs Alice Blue Charges & AMC

RMoney trading account opening charges is Rs 199 while Alice Blue account opening changes is Rs 0 (Free). RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free) and Alice Blue Demat Account AMC Charges is Rs 400.

  RMoney Alice Blue
Trading Account Opening Charges Rs 199 Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 0 for lifetime (Free) Rs 400

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RMoney Vs Alice Blue Brokerage

RMoney brokerage charges for equity is Rs 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower whereas Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per order or 0.01% whichever is lower.

Account Type RMoney Zero Brokerage Plans Alice Blue Freedom 15
Fixed Charges NA
Equity Delivery Rs 0 (Free) Rs 0 (Free)
Equity Intraday Rs 18 per executed order or .01% whichever is lower Rs 15 per order or 0.01% whichever is lower
Equity Futures Rs 18 per executed order or .01% whichever is lower Rs 15 per order or 0.01% whichever is lower
Equity Options Rs 18 per executed order or .01% whichever is lower Rs 15 per order
Currency Futures Rs 18 per executed order or .01% whichever is lower Rs 15 per order or 0.01% whichever is lower
Currency Options Rs 18 per executed order or .01% whichever is lower Rs 15 per order
Commodity Futures Rs 18 per executed order or .01% whichever is lower Rs 15 per order or 0.01% whichever is lower
Commodity Options Rs 15 per order
Special Offer
Special Offer: RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer
Special Offer: Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open FREE Instant Account online with Alice Blue and start trading today.

RMoney Vs Alice Blue Brokerage Plan 2

  RMoney Alice Blue
Account Type Happy Service Plan Freedom 15
Fixed Charges NA
Equity Delivery 0.10% to 0.40% Rs 0 (Free)
Equity Intraday 0.01% to 0.04% Rs 15 per order or 0.01% whichever is lower
Equity Futures 0.005% to 0.02% Rs 15 per order or 0.01% whichever is lower
Equity Options Rs 20 to Rs 80 per lot Rs 15 per order
Currency Futures 0.005% to 0.02% Rs 15 per order or 0.01% whichever is lower
Currency Options 0.005% to 0.02% Rs 15 per order
Commodity Futures 0.005% to 0.02% Rs 15 per order or 0.01% whichever is lower
Commodity Options Rs 15 per order
Enquire RMoneyOpen Alice Blue Account

RMoney Charges Vs Alice Blue

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

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RMoney Vs Alice Blue Transaction Charges

RMoney transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%) while Alice Blue exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side).

  RMoney Alice Blue
Equity Delivery NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%) NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)
Equity Intraday NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275% NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)
Equity Futures NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%) NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side)
Equity Options NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%) NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side)
Currency Futures NSE, BSE - Rs 150 per crore (0.0015%) NSE Rs 135 per Cr (0.00135%)
Currency Options NSE, BSE - Rs 7500 (on premium) per crore (0.075%) NSE Rs 4400 per Cr (0.044%) (on premium)
Commodity MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%) Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%)
Enquire RMoneyOpen Alice Blue Account

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RMoney Vs Alice Blue Leverage (Margin)

RMoney margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Alice Blue margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  RMoney Alice Blue
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)
Enquire RMoneyOpen Alice Blue Account

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Compare RMoney and Alice Blue Features

The trading platforms offered RMoney include RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications). Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.

  RMoney Alice Blue
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 No No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
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 Yes
Enquire RMoneyOpen Alice Blue Account

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RMoney Vs Alice Blue Review

RMoney is rated 3.8 of 5 based on 4 customer reviews whereas Alice Blue is rated 3.3 of 5 based on 33 customer reviews.

  RMoney Alice Blue
  4 Customer Reviews    Rate RMoney 33 Customer Reviews    Rate Alice Blue
Fees 4.8 3.8
Brokerage 4.5 3.7
Trading Platform 4.0 3.5
Customer Service 4.0 2.9
Research Capabilities 3.0 1.8
Overall Ratings Rated 3.8 stars Rated 3.3 stars
Broker Rating RMoney is rated 3.8 of 5 based on 4 customer reviews Alice Blue is rated 3.3 of 5 based on 33 customer reviews

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Contact Broker / Request A Call Back

  RMoney Enquire Alice Blue Enquire
Contact Broker RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer
Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open FREE Instant Account online with Alice Blue and start trading today.

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RMoney Vs Alice Blue Investment Options

  RMoney Alice Blue
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
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 Order Type Offered

  RMoney Alice Blue
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
Enquire RMoneyOpen Alice Blue Account

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RMoney Vs Alice Blue Research Report

  RMoney Alice Blue
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

  RMoney Alice Blue
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes

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RMoney Vs Alice Blue - Pros and Cons

  RMoney Alice Blue
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.
  • Discount stock broker.
  • Most advance trading platform.
  • Free equity delivery trades. No brokerage.
  • Flat Rs 15 brokerage for intraday and F&O.
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.
  • 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 Rs 20 per order.
Reviews Useful Articles:
Promo / Offers

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.

Free Equity Delivery Trade + FREE Account Opening

Trade brokerage-free equity delivery (truly no brokerage). Pay flat Rs 15 per trade for Intra-day and F&O. Open FREE Instant Account online with Alice Blue and start trading today.

Enquire RMoneyOpen Alice Blue Account

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