RMoney Vs SAMCO (Compare RMoney and SAMCO)


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


SAMCO
SAMCO is India based online discount broker. It offers stock and commodity trading at NSE, BSE, and MCX. SAMCO's NBFC arm provide the margin funding, loan against shares and other financial products. It also offers depository services (demat account) through CDSL. Incorporated in 2015, SAMCO is among the lowest-cost broker in India. SAMCO is popular for its ultra-low brokerage, margin products, higher exposure and free trading software. Customer who moves from traditional brokers like ICICI Dir... Know more about SAMCO Securities Limited

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RMoney Vs SAMCO

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

  RMoney SAMCO
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Year of Incorporation
Number of Branches
Open an Online Trading Account with RMoney.Open an Online Trading Account with SAMCO.
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RMoney Vs SAMCO Charges & AMC

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

  RMoney SAMCO
Trading Account Opening Charges Rs 199 Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 0 for lifetime (Free) Rs 400
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RMoney Vs SAMCO Brokerage Charges & Plans

RMoney Vs SAMCO Brokerage

RMoney brokerage charges for equity is Rs 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower whereas SAMCO brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.

  RMoney SAMCO
Account Type Zero Brokerage Plans Standard
Fixed Charges NA NA
Equity Delivery Rs 0 (Free) Rs 20 per executed order
Equity Intraday Rs 18 per executed order or .01% whichever is lower Rs 20 per executed order
Equity Futures Rs 18 per executed order or .01% whichever is lower Rs 20 per executed order
Equity Options Rs 18 per executed order or .01% whichever is lower Rs 20 per executed order
Currency Futures Rs 18 per executed order or .01% whichever is lower Rs 20 per executed order
Currency Options Rs 18 per executed order or .01% whichever is lower Rs 20 per executed order
Commodity Futures Rs 18 per executed order or .01% whichever is lower
Commodity Options
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 Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Get the offer

RMoney Vs SAMCO Brokerage Plan 2

  RMoney SAMCO
Account Type Happy Service Plan Standard
Fixed Charges NA NA
Equity Delivery 0.10% to 0.40% Rs 20 per executed order
Equity Intraday 0.01% to 0.04% Rs 20 per executed order
Equity Futures 0.005% to 0.02% Rs 20 per executed order
Equity Options Rs 20 to Rs 80 per lot Rs 20 per executed order
Currency Futures 0.005% to 0.02% Rs 20 per executed order
Currency Options 0.005% to 0.02% Rs 20 per executed order
Commodity Futures 0.005% to 0.02%
Commodity Options
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RMoney Charges Vs SAMCO

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 SAMCO Transaction Charges

RMoney transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%) while SAMCO exchange transaction charges for options is NSE Rs 5000 per crore | BSE Rs 1 per trade (each side).

  RMoney SAMCO
Equity Delivery NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%) NSE Rs 325 per crore | 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 crore | BSE Rs 1 per trade (each side)
Equity Futures NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%) NSE Rs 190 per crore | 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 5000 per crore | BSE Rs 1 per trade (each side)
Currency Futures NSE, BSE - Rs 150 per crore (0.0015%) NSE Rs 110 per crore (0.0011%)
Currency Options NSE, BSE - Rs 7500 (on premium) per crore (0.075%) NSE Rs 4000 (on premium) per crore (0.040%)
Commodity MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%) Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
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RMoney Vs SAMCO Leverage (Margin)

RMoney margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the SAMCO margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  RMoney SAMCO
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare RMoney and SAMCO Features

The trading platforms offered RMoney include RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications). SAMCO offers OMNESYS NEST, StockNote trading software.

  RMoney SAMCO
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding 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) OMNESYS NEST, StockNote
Intraday Square-off Time Equity 3:15 PM 3:15 PM
Other Features Margin Products - CashPlus, StockPlus, and InstaPlus
Referral Program
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RMoney Vs SAMCO Review

RMoney is rated 3.8 of 5 based on 4 customer reviews whereas SAMCO is rated 3.3 of 5 based on 20 customer reviews.

  RMoney SAMCO
  4 Customer Reviews    Rate RMoney 20 Customer Reviews    Rate SAMCO
Fees 4.8 3.5
Brokerage 4.5 3.9
Trading Platform 4.0 2.8
Customer Service 4.0 3.3
Research Capabilities 3.0 2.6
Overall Ratings Rated 3.8 stars Rated 3.3 stars
Broker Rating RMoney is rated 3.8 of 5 based on 4 customer reviews SAMCO is rated 3.3 of 5 based on 20 customer reviews
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Contact Broker / Request A Call Back

  RMoney Enquire SAMCO Enquire
Contact Broker RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer
Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Get the offer
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RMoney Vs SAMCO Investment Options

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

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

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

  RMoney SAMCO
Casual Investor Yes
Active Investor Yes
Trader Yes Yes
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RMoney Vs SAMCO - Pros and Cons

  RMoney SAMCO
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.
  • A technology-driven stockbroker with significantly fewer overheads.
  • Flat Rs 20 per trade low-cost trading across segments.
  • Instant paperless online account opening process.
  • Margin products available for delivery margin and margin against shares.
  • StockNote, a mobile trading app with personalized news, managed alerts, advanced charts, and watch list with any number of shares.
  • Guest user for mobile app StockNote which allows you to check the app even before you becomes a customer.
  • Advance order types i.e. bracket order and cover order with up to 33 times leverage
  • Free 'NEST Trader' install-able trading terminal for frequent traders.
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.
  • No branch offices.
  • Mutual Fund investment is now available.
  • Online IPO applications are not available.
  • Additional charges for broker assisted traders (Call & Trade).
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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.

SAMCO has 2 limited time special offers running at this time.

  1. Trading & Demat Account Opening Fee Waived

    Open trading and demat account at absolutely no cost. The account opening fee is waived for limited period of time.

  2. 100% Brokerage Cash Back for 1st Month

    Open an account with SAMCO, download mobile trading app StockNote and get 100% cashback on brokerage paid for trades done through mobile app in 1st month. This cashback offer works only for trade executed using mobile app.

Get the Special Offer

Enquire RMoneyEnquire SAMCO

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