RMoney Vs Tradeplus (Compare RMoney and Tradeplus)

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


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


Tradeplus
Tradeplus is an online stock broker (hybrid of traditional and discount broker) offering trading & investment at BSE, NSE and MCX. Tradeplus is famous for its unlimited zero brokerage trading plans which offer infinite trading at a fixed monthly fee in few segments. The unlimited trading plans are available in Commodities, Equity&Options and Currency Derivatives segments. Tradeplus also offer demat account services at a low AMC charge of ₹90 per year. Tradeplus also offer Online Mutual F... Know more about Tradeplus (Navia Markets Ltd)

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RMoney Vs Tradeplus

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

  RMoney Tradeplus
Type of Broker Discount Broker Discount Broker
Supported Exchnages BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Account Type Zero Brokerage Plans Infinite Trading Plans
Year of Incorporation
Number of Branches
Broker Enquiry Open an Online Trading Account with RMoney. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Tradeplus. Leave your contact info and we will get in touch with you.
Enquire RMoneyEnquire Tradeplus
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RMoney Vs Tradeplus Charges & AMC

RMoney trading account opening charges is ₹199 while Tradeplus account opening changes is ₹199. RMoney Demat Account AMC Charges is ₹0 for lifetime (Free) and Tradeplus Demat Account AMC Charges is ₹500 (5 years).

  RMoney Tradeplus
Trading Account Opening Charges ₹199 ₹199
Trading Account AMC Charges ₹0 (Free) ₹0
Demat Account Opening Charges ₹0 (Free) ₹0
Demat Account AMC Charges ₹0 for lifetime (Free) ₹500 (5 years)
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RMoney Vs Tradeplus Brokerage Charges & Plans

RMoney Vs Tradeplus Brokerage

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

  RMoney Tradeplus
Account Type Zero Brokerage Plans Infinite Trading Plans
Fixed Charges NA
Equity Delivery Brokerage ₹0 (Free) ₹0 (Free)
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 ₹799 per month (unlimited trading)
Equity Options Brokerage ₹18 per executed order or .01% whichever is lower ₹99 per month (unlimited trading)
Currency Futures Trading Brokerage ₹18 per executed order or .01% whichever is lower ₹99 per month (unlimited trading)
Currency Options Trading Brokerage ₹18 per executed order or .01% whichever is lower ₹99 per month (unlimited trading)
Commodity Futures Trading Brokerage ₹18 per executed order or .01% whichever is lower ₹99 per month (unlimited trading)
Commodity Options Trading Brokerage
Special Offer
Special Offer: RMoney ₹0 Account Opening Fee + ₹0 Demat AMC (for Life) + Free Call & Trade Get the offer
Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat ₹9 intranet and F&O trade brokerage. Get the offer

RMoney Vs Tradeplus Brokerage Plan 2

  RMoney Tradeplus
Account Type Happy Service Plan General Brokerage Plan
Fixed Charges NA NA
Equity Delivery Brokerage 0.10% to 0.40% ₹0 (Free)
Equity Intraday Brokerage 0.01% to 0.04% 0.01%
Equity Futures Brokerage 0.005% to 0.02% 0.01%
Equity Options Brokerage ₹20 to ₹80 per lot ₹60 per lot
Currency Futures Trading Brokerage 0.005% to 0.02% ₹20 per lot
Currency Options Trading Brokerage 0.005% to 0.02% ₹60 per lot
Commodity Futures Trading Brokerage 0.005% to 0.02% 0.01%
Commodity Options Trading Brokerage
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RMoney Charges Vs Tradeplus

Minimum Brokerage Charges ₹0
Other Brokerage Charges Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment SMS Charges: ₹100 per segment. Software Charges Equity: ₹499 per month, MCX: ₹249 per month
Call & Trade Charges ₹0 (Unlimited Calls) Flat ₹75 per day
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RMoney Vs Tradeplus Transaction Charges

RMoney transaction charges for options is NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%) while Tradeplus exchange transaction charges for options is ₹7500 per crore (0.075%)(on premium).

  RMoney Tradeplus
Equity Delivery NSE ₹325 per crore | BSE ₹275 per crore (0.00275%) ₹330 per crore (0.0033%) (each side)
Equity Intraday NSE ₹325 per crore | BSE ₹275 per crore (0.00275% ₹330 per crore (0.0033%) (sale side)
Equity Futures NSE ₹250 per crore | BSE ₹110 per crore (0.0011%) ₹350 per crore (0.0035%)
Equity Options NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%) ₹7500 per crore (0.075%)(on premium)
Currency Futures NSE, BSE - ₹150 per crore (0.0015%) ₹165 per crore (0.00165%)
Currency Options NSE, BSE - ₹7500 (on premium) per crore (0.075%) ₹6000 (on premium) per crore (0.06%)
Commodity MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%) ₹400 (0.004%)
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RMoney Vs Tradeplus Leverage (Margin)

RMoney provides the margin of 20x (5%) (Intraday Only) for intraday trades whereas the Tradeplus margin for intraday cash is Upto 33X.

  RMoney Tradeplus
Equity Delivery Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5) Upto 4X
Equity Intraday 20x (5%) (Intraday Only) Upto 33X
Equity Futures Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%) Intraday leverage 2X | Cover Order Margin 3%
Equity Options Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin Intraday Leverage of 2X
Currency Futures Intraday - 100X (1%) Intraday Leverage of 2X
Currency Options Intraday - 100X (1%) 1X
Commodity Futures Intraday - 77X (1.3%) Intraday Leverage of 2X
Commodity Options
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Compare RMoney and Tradeplus Features

The trading platforms offered RMoney include RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications). Tradeplus offers INFINI, NSE NOW trading software.

  RMoney Tradeplus
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available 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) INFINI, NSE NOW
Intraday Square-off Time Equity 3:15 PM
Other Features
Referral Program
Enquire RMoneyEnquire Tradeplus
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RMoney Vs Tradeplus Review

RMoney is rated 4.0 of 5 based on 3 customer reviews whereas Tradeplus is rated 3.1 of 5 based on 31 customer reviews.

  RMoney Tradeplus
  3 Customer Reviews    Rate RMoney 31 Customer Reviews    Rate Tradeplus
Fees 4.7 3.5
Trading Brokerage 4.7 4.1
Trading Platform Usability 4.3 2.9
Customer Service 4.0 2.7
Research Capabilities 2.2
Overall Ratings Rated 4.0 stars Rated 3.1 stars
Broker Rating RMoney is rated 4.0 of 5 based on 3 customer reviews Tradeplus is rated 3.1 of 5 based on 31 customer reviews
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Contact Broker / Request A Call Back

  RMoney Enquire Tradeplus Enquire
Contact Broker

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

Brokerage Free equity delivery trading (truly no commission) and Flat ₹9 intranet and F&O trade brokerage. Get the offer

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RMoney Vs Tradeplus Investment Options

  RMoney Tradeplus
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 Tradeplus Order Type Offered

  RMoney Tradeplus
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 Tradeplus Research Report

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

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

  RMoney Tradeplus
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. Unlimited monthly trading plans available for frequent traders.
  2. Free equity delivery trading. No brokerage charged for trading in equity delivery (cash & carry) segment.
  3. Low demat AMC or ₹90 per month.
  4. Analysis tools available for intraday trading.
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. Customer has to pay software charges.
  2. High call & trade charges. ₹1000 per month.
  3. Lower margin.
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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 Trade + Flat ₹9 intranet and F&O trade

Get free equity delivery trading (zero brokerage) and pay flat ₹9 intranet and F&O trade brokerage. To open an account with Tradeplus, simply leave your contact information and Tradeplus representatives will call you.

Enquire RMoneyEnquire Tradeplus

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