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RMoney Vs Stoxkart (Compare RMoney and Stoxkart)

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

Stoxkart by SMC Global Logo

About Stoxkart
Incorporated in 2019, Stoxkart is a Delhi-based online discount broker offering trading and investment services in equity, commodity, currency, derivatives, IPOs and mutual funds. It is part of SMC Global Limited, a full-service stock broker and a leading diversified financial services company in India. Stoxkart charges one of the lowest brokerage fees in the industry. It offers brokerage free Equity delivery trades and charges flat Rs 15 per executed order on intraday equity trades only when y... Know more about Stoxkart by SMC Global

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RMoney Vs Stoxkart

Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India. Incorporated in 2019, Stoxkart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  RMoney Stoxkart
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Year of Incorporation 2019
Number of Branches 1

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RMoney Vs Stoxkart Charges & AMC

RMoney trading account opening charges is Rs 0 (Free) while Stoxkart account opening changes is Rs 300. RMoney Demat Account AMC Charges is Rs 299 (Free for first year) and Stoxkart Demat Account AMC Charges is Rs 300.

  RMoney Stoxkart
Trading Account Opening Charges Rs 0 (Free) Rs 300
Trading Account AMC Charges Rs 299 (Free for first year) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 299 (Free for first year) Rs 300

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RMoney Vs Stoxkart Brokerage

RMoney brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order whereas Stoxkart brokerage charges for equity is Rs 0 and intraday is Rs 15 (on profit trades only).

Account Type RMoney Rs 9 Per Trade Plan Stoxkart Default
Fixed Charges NA
Equity Delivery Rs 9 per executed order Rs 0
Equity Intraday Rs 9 per executed order Rs 15 (on profit trades only)
Equity Futures Rs 9 per executed order Rs 15
Equity Options Rs 9 per executed order Rs 15
Currency Futures Rs 9 per executed order Rs 15
Currency Options Rs 9 per executed order Rs 15
Commodity Futures Rs 9 per executed order Rs 15
Commodity Options Rs 9 per executed order Rs 15
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 Vs Stoxkart Brokerage Plan 2

  RMoney Stoxkart
Account Type Rs 999 Per Month Trade Plan Default
Fixed Charges Rs 999
Equity Delivery Rs 0 Rs 0
Equity Intraday Rs 0 Rs 15 (on profit trades only)
Equity Futures Rs 0 Rs 15
Equity Options Rs 0 Rs 15
Currency Futures Rs 0 Rs 15
Currency Options Rs 0 Rs 15
Commodity Futures Rs 0 Rs 15
Commodity Options Rs 0 Rs 15

RMoney Charges Vs Stoxkart

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

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RMoney Vs Stoxkart Transaction Charges

RMoney transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Stoxkart exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  RMoney Stoxkart
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | 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 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) 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) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%) Futures Group A: 0.0036% | Options: 0.002%

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RMoney Vs Stoxkart Leverage (Margin)

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

  RMoney Stoxkart
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 Stoxkart Features

The trading platforms offered RMoney include RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications). Stoxkart offers Stoxkart Pro, Stoxkart Classic, Stoxkart Desktop, Stoxkart Web trading software.

  RMoney Stoxkart
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) Stoxkart Pro, Stoxkart Classic, Stoxkart Desktop, Stoxkart Web
Intraday Square-off Time Equity 3:15 PM
Trading In SME Shares Allowed? Yes
Referral Program
Other Features

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RMoney Vs Stoxkart Review

RMoney is rated 3.2 of 5 based on 5 customer reviews whereas Stoxkart is rated 3.8 of 5 based on 4 customer reviews.

  RMoney Stoxkart
  5 Customer Reviews    Rate RMoney 4 Customer Reviews    Rate Stoxkart
Fees 4.4 3.8
Brokerage 4.2 4.8
Trading Platform 3.4 3.8
Customer Service 3.8 3.3
Research Capabilities 2.0 3.3
Overall Ratings Rated 3.2 stars Rated 3.8 stars
Broker Rating RMoney is rated 3.2 of 5 based on 5 customer reviews Stoxkart is rated 3.8 of 5 based on 4 customer reviews

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Contact Broker / Request A Call Back

  RMoney Enquire Stoxkart 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.

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RMoney Vs Stoxkart Investment Options

  RMoney Stoxkart
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
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 Stoxkart Order Type Offered

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

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RMoney Vs Stoxkart Research Report

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

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RMoney Vs Stoxkart Suitable For Investor Type

  RMoney Stoxkart
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes

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RMoney Vs Stoxkart - Pros and Cons

  RMoney Stoxkart
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.
  1. Stoxkart is an online discount brokerage business of well established full-service broker SMC Global.
  2. Excellent online trading platform (web, mobile app, and desktop) for free to all.
  3. Offers brokerage free equity delivery trades and mutual fund investment.
  4. Charge flat Rs 15 per order brokerage for intraday and F&O at BSE, NSE, and MCX.
  5. Charge Rs 0 brokerage on Intraday trades if your trade is not in profit.
  6. Get up to 25x leverage on intraday trading with CO/BO.
  7. Paperless account opening.
  8. Offer NRI trading and demat account
Cons
  1. 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.
  2. Margin funding is not available.
  3. GTC/GTD not available in Equity.
  4. NRI Account is not available.
  1. No research reports, tips, or recommendations.
  2. No relationship manager or personalized services.
  3. Call & Trade is at an extra Rs 20 per executed order.
  4. Auto square-off of intraday positions at an extra Rs 20 per executed order.
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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

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

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