FREE Equity Delivery and MF
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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 ...
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 create wealth, and Dhan is committed to providing these options.
Dhan is registered with SEBI as a stockbroker. In addition, Dhan is also registered with CDSL as well as NSE, BSE and MCX stock exchanges. Dhan offers a variety of products including Stocks, ETFs, Options, Futures and Commoditi...
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 | |
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Type of Broker | Discount Broker | Discount Broker |
Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX |
Year of Incorporation | 2021 | |
Number of Branches | 1 | |
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 299 (Free for first year) and Dhan Demat Account AMC Charges is ₹0 (Lifetime Zero AMC).
RMoney | Dhan | |
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Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
Trading Account AMC Charges | Rs 299 (Free for first year) | ₹0 (Free) |
Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
Demat Account AMC Charges | Rs 299 (Free for first year) | ₹0 (Lifetime Zero AMC) |
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 per executed order or 0.03% of trade value |
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 (Flat Rs 20 Per Trade) 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. |
Zerodha (Flat Rs 20 Per Trade) 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. |
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 per executed order or 0.03% of trade value |
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 |
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 |
RMoney transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Dhan exchange transaction charges for options is NSE Rs 4950 per Cr (0.0495%) | BSE Rs 495 per Cr (0.00495%) (on premium).
RMoney | Dhan | |
---|---|---|
Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) | NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (each side) |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 | NSE Rs 188 per Cr (0.00188%) | BSE Rs 0 |
Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) | NSE Rs 4950 per Cr (0.0495%) | BSE Rs 495 per Cr (0.00495%) (on premium) |
Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) | |
Currency Options | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) | (on premium) |
Commodity | MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%) | Group A, B : 0.0026% |
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 | |
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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) |
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 | |
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3 in 1 Account | ||
Charting | ||
Automated Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding | ||
Margin Against Shares (Equity Cash) | ||
Margin Against Shares (Equity F&O) | ||
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? | ||
Referral Program | ||
Other Features | APIs for Algo Trading, smallcases on Dhan | |
RMoney is rated 3.2 of 5 based on 5 customer reviews whereas Dhan is rated 3.0 of 5 based on 28 customer reviews.
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 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. |
RMoney | Dhan | |
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Stock / Equity | ||
Commodity | ||
Currency | ||
IPO | ||
Mutual Funds | ||
Bond / NCD | ||
Debt | ||
Other Investment Options | Corporate FD, Life Instance, General Insurance |
RMoney | Dhan | |
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Bracket Order | ||
Cover Order | ||
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) | ||
RMoney | Dhan | |
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Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
RMoney | Dhan | |
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Reviews | Useful Articles: | |
Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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