RMoney Vs Indira Securities (Compare RMoney and Indira Securities)

The side-by-side comparison of RMoney and Indira Securities. Compare RMoney Vs Indira Securities brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best RMoney vs Indira Securities?


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


Indira Securities
Established in 1987, Indira Securities is an Indore, MP based full-service stock broking and investment Services Company. The company is a member of the NSE, BSE, MCX and NCDEX exchanges. It is a depository participant (DP) with CDSL. The company offers trading and investment in equities, commodities, currency, derivatives, IPOs, insurance and mutual funds etc. It also offers research and advisory to its customers. Indira Securities offers both traditional and discount brokerage plans. In the ... Know more about Indira Securities Pvt Ltd

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RMoney Vs Indira Securities

Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India. Incorporated in 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 branches across India.

  RMoney Indira Securities
Type of Broker Discount Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX, NCDEX BSE, NSE, MCX and NCDEX
Account Type Zero Brokerage Plans Traditional Plan
Year of Incorporation 1987
Number of Branches 335
Broker Enquiry Open an Online Trading Account with RMoney. Leave your contact info and we will get in touch with you.
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RMoney Vs Indira Securities Charges & AMC

RMoney trading account opening charges is ₹199 while Indira Securities account opening changes is ₹0 (Free). RMoney Demat Account AMC Charges is ₹0 for lifetime (Free) and Indira Securities Demat Account AMC Charges is ₹450 (Free for 1st year).

  RMoney Indira Securities
Trading Account Opening Charges ₹199 ₹0 (Free)
Trading Account AMC Charges ₹0 (Free) ₹0 (Free)
Demat Account Opening Charges ₹0 (Free) ₹0 (Free)
Demat Account AMC Charges ₹0 for lifetime (Free) ₹450 (Free for 1st year)
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RMoney Vs Indira Securities Brokerage Charges & Plans

RMoney Vs Indira Securities Brokerage

RMoney brokerage charges for equity is ₹0 (Free) and intraday is ₹18 per executed order or .01% whichever is lower whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.

  RMoney Indira Securities
Account Type Zero Brokerage Plans Traditional Plan
Fixed Charges NA
Equity Delivery Brokerage ₹0 (Free) 0.10%
Equity Intraday Brokerage ₹18 per executed order or .01% whichever is lower 0.01%
Equity Futures Brokerage ₹18 per executed order or .01% whichever is lower 0.01%
Equity Options Brokerage ₹18 per executed order or .01% whichever is lower ₹25 per lot (both side)
Currency Futures Trading Brokerage ₹18 per executed order or .01% whichever is lower 0.01%
Currency Options Trading Brokerage ₹18 per executed order or .01% whichever is lower ₹25 per lot (both side)
Commodity Futures Trading Brokerage ₹18 per executed order or .01% whichever is lower 0.01%
Commodity Options Trading Brokerage ₹25 per lot (both side)
Special Offer
Special Offer: RMoney ₹0 Account Opening Fee + ₹0 Demat AMC (for Life) + Free Call & Trade Get the offer
Special Offer: FREE Account Opening (₹650 waived) + Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

RMoney Vs Indira Securities Brokerage Plan 2

  RMoney Indira Securities
Account Type Happy Service Plan Discount Brokerage Plan
Fixed Charges NA NA
Equity Delivery Brokerage 0.10% to 0.40% ₹20 per executed order
Equity Intraday Brokerage 0.01% to 0.04% ₹20 per executed order
Equity Futures Brokerage 0.005% to 0.02% ₹20 per executed order
Equity Options Brokerage ₹20 to ₹80 per lot ₹20 per executed order
Currency Futures Trading Brokerage 0.005% to 0.02% ₹20 per executed order
Currency Options Trading Brokerage 0.005% to 0.02% ₹20 per executed order
Commodity Futures Trading Brokerage 0.005% to 0.02% ₹20 per executed order
Commodity Options Trading Brokerage ₹20 per executed order

RMoney Charges Vs Indira Securities

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

RMoney transaction charges for options is NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%) while Indira Securities exchange transaction charges for options is NSE ₹5000 per Cr (0.05%) (on premium).

  RMoney Indira Securities
Equity Delivery NSE ₹325 per crore | BSE ₹275 per crore (0.00275%) NSE ₹325 per Cr (0.00325%)
Equity Intraday NSE ₹325 per crore | BSE ₹275 per crore (0.00275% NSE ₹325 per Cr (0.00325%)
Equity Futures NSE ₹250 per crore | BSE ₹110 per crore (0.0011%) NSE ₹190 per Cr (0.0019%)
Equity Options NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%) NSE ₹5000 per Cr (0.05%) (on premium)
Currency Futures NSE, BSE - ₹150 per crore (0.0015%) NSE ₹120 per Cr (0.0012%)
Currency Options NSE, BSE - ₹7500 (on premium) per crore (0.075%) NSE ₹500 per Cr (0.005%) (on premium)
Commodity MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%) Non-Agri: ₹260 per Cr (0.0026%) | Agri: ₹600 per Cr (0.006%)
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RMoney Vs Indira Securities Leverage (Margin)

RMoney provides the margin of 20x (5%) (Intraday Only) for intraday trades whereas the Indira Securities margin for intraday cash is Up to 10x (based on the stock).

  RMoney Indira Securities
Equity Delivery Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5) 1x (no margin)
Equity Intraday 20x (5%) (Intraday Only) Up to 10x (based on the stock)
Equity Futures Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%) Intraday: 3x, 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 1x (no margin)
Currency Futures Intraday - 100X (1%) Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Currency Options Intraday - 100X (1%) 1x (no margin)
Commodity Futures Intraday - 77X (1.3%) Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Commodity Options 1x (no margin)
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Compare RMoney and Indira Securities Features

The trading platforms offered RMoney include RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications). Indira Securities offers ODIN trading software.

  RMoney Indira Securities
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 Available 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) ODIN
Intraday Square-off Time Equity 3:15 PM 3:15 PM
Other Features
Referral Program Yes
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RMoney Vs Indira Securities Review

RMoney is rated 4.0 of 5 based on 3 customer reviews whereas Indira Securities is rated 4.5 of 5 based on 2 customer reviews.

  RMoney Indira Securities
  3 Customer Reviews    Rate RMoney 2 Customer Reviews    Rate Indira Securities
Fees 4.7 3.0
Trading Brokerage 4.7 5.0
Trading Platform Usability 4.3 4.5
Customer Service 4.0 4.5
Research Capabilities 5.0
Overall Ratings Rated 4.0 stars Rated 4.5 stars
Broker Rating RMoney is rated 4.0 of 5 based on 3 customer reviews Indira Securities is rated 4.5 of 5 based on 2 customer reviews
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Contact Broker / Request A Call Back

  RMoney Enquire Indira Securities Enquire
Contact Broker

RMoney ₹0 Account Opening Fee + ₹0 Demat AMC (for Life) + Free Call & Trade Get the offer

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RMoney Vs Indira Securities Investment Options

  RMoney Indira Securities
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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RMoney Vs Indira Securities Order Type Offered

  RMoney Indira Securities
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 Indira Securities Research Report

  RMoney Indira Securities
Daily Market Report Yes Yes
Free Tips No Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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RMoney Vs Indira Securities Suitable For Investor Type

  RMoney Indira Securities
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes
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RMoney Vs Indira Securities - Pros and Cons

  RMoney Indira Securities
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.
  • Full-service broker offering discount brokerage plan.
  • Relationship manager even for online customers.
  • Offers ODIN as trading platform.
  • Investment in mutual fund for free.
  • Pan India presence with hundreds of branches, and business partners.
  • No charges for Call & Trade and Auto Square-off.
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.
  1. Flat-rate brokerage plans (₹20 per trade) is not available in MP and Rajasthan.
  2. Advance order types i.e. CO, and BO are not available in the mobile app.
  3. Doesn't offer NRI trading account.
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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 Trading

Get FREE equity delivery trading and pay flat ₹20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. To open an online paperless account, visit Indira Securities Website

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