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RMoney Vs Tradeplus (Compare RMoney and Tradeplus)

Raghunandan Capital Pvt Ltd Logo

RMoney
Incorporated in 2004, Raghunandan Money (RMoney) is an Agra-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 a strong presence in Northe... Know more about Raghunandan Capital Pvt Ltd

Tradeplus (Navia Markets Ltd) Logo

About 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 Rs 90 per year. Tradeplus also offer Online Mutual... 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 1995, 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
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Year of Incorporation 1995
Number of Branches
Open Tradeplus Account

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RMoney Vs Tradeplus Charges & AMC

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

  RMoney Tradeplus
Trading Account Opening Charges Rs 0 (Free) Rs 0
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 0 for lifetime (Free) Rs 0

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RMoney Vs Tradeplus Brokerage

RMoney brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order whereas Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is NA.

Account Type RMoney Rs 9 Per Trade Plan Tradeplus Flat Zero brokerage Scheme
Fixed Charges NA As per segment
Equity Delivery Rs 9 per executed order Rs 0 (Free)
Equity Intraday Rs 9 per executed order NA
Equity Futures Rs 9 per executed order Rs 799 per month (unlimited trading)
Equity Options Rs 9 per executed order Rs 99 per month (unlimited trading)
Currency Futures Rs 9 per executed order Rs 99 per month (unlimited trading)
Currency Options Rs 9 per executed order Rs 99 per month (unlimited trading)
Commodity Futures Rs 9 per executed order Rs 99 per month (unlimited trading)
Commodity Options Rs 9 per executed order Rs 99 per month (unlimited trading)
Special Offer

Zerodha (Trade with the best stock broker)

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 (Trade with the best stock broker)

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 Tradeplus Brokerage Plan 2

  RMoney Tradeplus
Account Type Rs 999 Per Month Trade Plan Flexi Brokerage Plan
Fixed Charges Rs 999 NA
Equity Delivery Rs 0 Rs 0 (Free)
Equity Intraday Rs 0 Lower of - Rs 9 per trade or 0.01%
Equity Futures Rs 0 Rs 9 per executed order
Equity Options Rs 0 Rs 9 per executed order
Currency Futures Rs 0 Rs 9 per executed order
Currency Options Rs 0 Rs 9 per executed order
Commodity Futures Rs 0 Rs 9 per executed order
Commodity Options Rs 0 Rs 9 per executed order
Open Tradeplus Account

RMoney Charges Vs Tradeplus

Minimum Brokerage Rs 0
Other Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment SMS Charges: Rs 100 per segment.
Call & Trade Charges Rs 0 (Unlimited Calls) Flat Rs 75 per day

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RMoney Vs Tradeplus Transaction Charges

RMoney transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 2750 per crore (0.0275%) while Tradeplus exchange transaction charges for options is Rs 7800 per crore (0.078%)(on premium).

  RMoney Tradeplus
Equity Delivery NSE Rs 345 per crore | BSE Rs 345 per crore (0.00345%) Rs 345 per crore (0.00345%) (each side)
Equity Intraday NSE Rs 345 per crore | BSE Rs 345 per crore (0.00345%) Rs 345 per crore (0.00345%) (sale side)
Equity Futures NSE Rs 260 per crore | BSE Rs 70 per crore (0.007%) Rs 360 per crore (0.0036%)
Equity Options NSE Rs 7000 per crore (0.07%) | BSE Rs 2750 per crore (0.0275%) Rs 7800 per crore (0.078%)(on premium)
Currency Futures NSE Rs 180 per crore (0.0018%) | BSE Rs 160 per crore (0.0016%) Rs 140 per crore (0.0014%)
Currency Options NSE Rs 5000 (on premium) per crore (0.05%) | BSE Rs 7500 (on premium) per crore (0.075%) Rs 6000 (on premium) per crore (0.06%)
Commodity MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%) Rs 500 (0.005%)
Open Tradeplus Account

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RMoney Vs Tradeplus Leverage (Margin)

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

  RMoney Tradeplus
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 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 No Yes
Margin Against Shares (Equity Cash) Yes 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
Trading In SME Shares Allowed?
Referral Program
Other Features
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RMoney Vs Tradeplus Review

RMoney is rated 3.2 of 5 based on 5 customer reviews whereas Tradeplus is rated 2.9 of 5 based on 37 customer reviews.

  RMoney Tradeplus
  5 Customer Reviews    Rate RMoney 37 Customer Reviews    Rate Tradeplus
Fees 4.4 3.4
Brokerage 4.2 4.1
Trading Platform 3.4 2.8
Customer Service 3.8 2.6
Research Capabilities 2.0 1.8
Overall Ratings Rated 3.2 stars Rated 2.9 stars
Broker Rating RMoney is rated 3.2 of 5 based on 5 customer reviews Tradeplus is rated 2.9 of 5 based on 37 customer reviews

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Contact Broker / Request A Call Back

  RMoney Enquire Tradeplus 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 Tradeplus Investment Options

  RMoney Tradeplus
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 Tradeplus Order Type Offered

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

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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 Rs 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. Rs 1000 per month.
  3. Lower margin.
Reviews Useful Articles:
Promo / Offers

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
Open Tradeplus Account

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