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RMoney Vs Dhan (Compare RMoney and Dhan)

Raghunandan Capital Pvt Ltd Logo

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 ... Know more about Raghunandan Capital Pvt Ltd

Moneylicious Securities Pvt Ltd Logo

About Dhan
Incorporated in 2021, Dhan is a Mumbai-based financial services company operating primarily in India. In today's fast-paced world, every second or third person is looking for effective investment options to park their hard-earned money and create wealth in the long run, and Dhan is committed to providing these options. Dhan is registered with SEBI as a stockbroker. In addition, Dhan is also registered with CDSL and with NSE, BSE and MCX stock exchanges to perform its functions. Dhan offers a va... Know more about Moneylicious Securities Pvt Ltd

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RMoney Vs Dhan

Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India. Incorporated in 2021, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  RMoney Dhan
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Year of Incorporation 2021
Number of Branches 1
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RMoney Vs Dhan Charges & AMC

RMoney trading account opening charges is Rs 0 (Free) while Dhan account opening changes is Rs 0 (Free). RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free) and Dhan Demat Account AMC Charges is ₹0 (Free).

  RMoney Dhan
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) ₹0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 0 for lifetime (Free) ₹0 (Free)

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RMoney Vs Dhan Brokerage

RMoney brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order whereas Dhan brokerage charges for equity is Rs. 0 and intraday is Rs 20 or 0.03% of trade value, whichever is lower.

Account Type RMoney Rs 9 Per Trade Plan Dhan Flat Rate Plan
Fixed Charges NA Rs 0 or Nill
Equity Delivery Rs 9 per executed order Rs. 0
Equity Intraday Rs 9 per executed order Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures Rs 9 per executed order Rs 20 or 0.03% of trade value, whichever is lower
Equity Options Rs 9 per executed order Rs 20 per executed order
Currency Futures Rs 9 per executed order Rs 20 or 0.03% of trade value, whichever is lower
Currency Options Rs 9 per executed order Rs 20 per executed order
Commodity Futures Rs 9 per executed order Rs 20 or 0.03% of trade value, whichever is lower
Commodity Options Rs 9 per executed order Rs 20 per executed order
Special Offer

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.

Special Offer: Invest brokerage-free stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

RMoney Vs Dhan Brokerage Plan 2

  RMoney Dhan
Account Type Rs 999 Per Month Trade Plan Flat Rate Plan
Fixed Charges Rs 999 Rs 0 or Nill
Equity Delivery Rs 0 Rs. 0
Equity Intraday Rs 0 Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures Rs 0 Rs 20 or 0.03% of trade value, whichever is lower
Equity Options Rs 0 Rs 20 per executed order
Currency Futures Rs 0 Rs 20 or 0.03% of trade value, whichever is lower
Currency Options Rs 0 Rs 20 per executed order
Commodity Futures Rs 0 Rs 20 or 0.03% of trade value, whichever is lower
Commodity Options Rs 0 Rs 20 per executed order
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RMoney Charges Vs Dhan

Minimum Brokerage Rs 0 Rs 20
Other Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment
Call & Trade Charges Rs 0 (Unlimited Calls) Rs 50 per order

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RMoney Vs Dhan Transaction Charges

RMoney transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 2750 per crore (0.0275%) while Dhan exchange transaction charges for options is NSE: 0.053%.

  RMoney Dhan
Equity Delivery NSE Rs 345 per crore | BSE Rs 345 per crore (0.00345%) BSE: 0.00375% | NSE: 0.00345%
Equity Intraday NSE Rs 345 per crore | BSE Rs 345 per crore (0.00345%) BSE: 0.00375% | NSE: 0.00345%
Equity Futures NSE Rs 260 per crore | BSE Rs 70 per crore (0.007%) NSE: 0.002%
Equity Options NSE Rs 7000 per crore (0.07%) | BSE Rs 2750 per crore (0.0275%) NSE: 0.053%
Currency Futures NSE Rs 180 per crore (0.0018%) | BSE Rs 160 per crore (0.0016%) NSE: 0.0009% | BSE: 0.00022% | Intrest Rate Derivatives: 0.00015%
Currency Options NSE Rs 5000 (on premium) per crore (0.05%) | BSE Rs 7500 (on premium) per crore (0.075%) NSE: 0.035% | BSE: 0.001%
Commodity MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%) Group A, B : 0.0026%
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RMoney Vs Dhan Leverage (Margin)

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

  RMoney Dhan
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)
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Compare RMoney and Dhan Features

The trading platforms offered RMoney include RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications). Dhan offers Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API trading software.

  RMoney Dhan
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API
Intraday Square-off Time Equity 3:15 PM 3:20 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes
Other Features APIs for Algo Trading, smallcases on Dhan
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RMoney Vs Dhan Review

RMoney is rated 3.2 of 5 based on 5 customer reviews whereas Dhan is rated 3.5 of 5 based on 6 customer reviews.

  RMoney Dhan
  5 Customer Reviews    Rate RMoney 6 Customer Reviews    Rate Dhan
Fees 4.4 4.3
Brokerage 4.2 3.3
Trading Platform 3.4 4.0
Customer Service 3.8 3.3
Research Capabilities 2.0 2.5
Overall Ratings Rated 3.2 stars Rated 3.5 stars
Broker Rating RMoney is rated 3.2 of 5 based on 5 customer reviews Dhan is rated 3.5 of 5 based on 6 customer reviews

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Contact Broker / Request A Call Back

  RMoney Enquire Dhan Enquire
Contact Broker 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. Invest brokerage-free stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

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RMoney Vs Dhan Investment Options

  RMoney Dhan
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes No
Bond / NCD Yes Yes
Debt Yes No
Other Investment Options Corporate FD, Life Instance, General Insurance

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RMoney Vs Dhan Order Type Offered

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

  RMoney Dhan
Daily Market Report Yes No
Free Tips No No
Quarterly Result Analysis Yes No
News Alerts Yes Yes

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RMoney Vs Dhan Suitable For Investor Type

  RMoney Dhan
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes

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RMoney Vs Dhan - Pros and Cons

  RMoney Dhan
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.
  • Safe, reliable, and technologically first online broker.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free account opening.
  • AMC free demat account.
  • Free equity delivery trades.
  • Flat Rs 20 per trade brokerage for all other segments.
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.
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 20 per order.
  • It does not offer a 3-in-1 account.
  • It does not offer monthly unlimited trading plans.
Reviews Useful Articles:
Promo / Offers

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

Dhan Special Offer

Brokerage-free share delivery trading and AMC free demat account

  • Free account opening and Demat AMC +
  • Brokerage-free equity delivery and flat Rs 20 per trade for intraday and F&O +
  • Separate option trading APP.

This is a limited-time offer. Open an instant account online and start trading today.

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