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RMoney Vs Tradingo (Compare RMoney and Tradingo)

Raghunandan Capital Pvt Ltd Logo

About 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

Tradingo (Swastika Investmart Ltd) Logo

About Tradingo
Tradingo is an Indore-based discount broker offering stock, commodity, and currency trading services. Tradingo provides transparent, faster, and low-cost brokerage service to India Stock Market customers who would like to trade online with little assistance from a broker. Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker, and financial service provider since 1992. Tradingo charges zero brokerage on Equity Delivery trades and flat Rs 20 fo... Know more about Tradingo (Swastika Investmart Ltd)

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RMoney Vs Tradingo

Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India. Incorporated in 2016, Tradingo is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has branches across India.

  RMoney Tradingo
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX NSE, BSE, MCX and NCDEX
Year of Incorporation 2016
Number of Branches
Enquire RMoneyOpen Tradingo Account

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RMoney Vs Tradingo Charges & AMC

RMoney trading account opening charges is Rs 199 while Tradingo account opening changes is Rs 0. RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free) and Tradingo Demat Account AMC Charges is Rs 250.

  RMoney Tradingo
Trading Account Opening Charges Rs 199 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 250

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RMoney Vs Tradingo Brokerage

RMoney brokerage charges for equity is Rs 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower whereas Tradingo brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per trade or 0.03% (whichever is lower).

Account Type RMoney Zero Brokerage Plans Tradingo Discount Broking Plan
Fixed Charges NA Nil
Equity Delivery Rs 0 (Free) Rs 0 (Free)
Equity Intraday Rs 18 per executed order or .01% whichever is lower Rs 20 per trade or 0.03% (whichever is lower)
Equity Futures Rs 18 per executed order or .01% whichever is lower Rs 20 per trade or 0.03% (whichever is lower)
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 trade or 0.01% (whichever is lower)
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 Rs 20 per trade or 0.01% (whichever is lower)
Commodity Options Rs 100 per executed order
Special Offer
Special Offer: RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer
Special Offer: Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

RMoney Vs Tradingo Brokerage Plan 2

  RMoney Tradingo
Account Type Happy Service Plan Premium Plan
Fixed Charges NA
Equity Delivery 0.10% to 0.40% 0.3% of trade value
Equity Intraday 0.01% to 0.04% 0.03% of trade value
Equity Futures 0.005% to 0.02% 0.03% of trade value
Equity Options Rs 20 to Rs 80 per lot Rs 50 per lot
Currency Futures 0.005% to 0.02% 0.3% of trade value
Currency Options 0.005% to 0.02% Rs 50 per lot
Commodity Futures 0.005% to 0.02% 0.3% of trade value
Commodity Options Rs 100 per lot
Enquire RMoneyOpen Tradingo Account

RMoney Charges Vs Tradingo

Minimum Brokerage Rs 0 Rs 0
Other Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment Real Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day)
Call & Trade Charges Rs 0 (Unlimited Calls) Additional Rs 20 per executed order

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RMoney Vs Tradingo Transaction Charges

RMoney transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%) while Tradingo exchange transaction charges for options is NSE Rs 7500 per crore | BSE Rs 50 per crore (each side) (on premium).

  RMoney Tradingo
Equity Delivery NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%) NSE Rs 325 per crore | BSE Rs 275 per crore (each side
Equity Intraday NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275% NSE Rs 325 per crore | BSE Rs 275 per crore (each side
Equity Futures NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%) NSE Rs 325 per crore | BSE Rs 50 per crore (each side)
Equity Options NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%) NSE Rs 7500 per crore | BSE Rs 50 per crore (each side) (on premium)
Currency Futures NSE, BSE - Rs 150 per crore (0.0015%) NSE Rs 160 per crore (0.0016%)
Currency Options NSE, BSE - Rs 7500 (on premium) per crore (0.075%) NSE Rs 6000 per crore (0.06%)
Commodity MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%) Non-Agri Rs 325 per crore | Agri (NCDEX) Rs 600 per Cr
Enquire RMoneyOpen Tradingo Account

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RMoney Vs Tradingo Leverage (Margin)

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

  RMoney Tradingo
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)
Enquire RMoneyOpen Tradingo Account

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Compare RMoney and Tradingo Features

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

  RMoney Tradingo
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 Yes
Trading Platform RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) Tradingo, Justrade
Intraday Square-off Time Equity 3:15 PM Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes
Other Features
Referral Program
Enquire RMoneyOpen Tradingo Account

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RMoney Vs Tradingo Review

RMoney is rated 3.8 of 5 based on 4 customer reviews whereas Tradingo is rated 4.0 of 5 based on 6 customer reviews.

  RMoney Tradingo
  4 Customer Reviews    Rate RMoney 6 Customer Reviews    Rate Tradingo
Fees 4.8 4.2
Brokerage 4.5 4.7
Trading Platform 4.0 3.5
Customer Service 4.0 3.8
Research Capabilities 3.0 2.0
Overall Ratings Rated 3.8 stars Rated 4.0 stars
Broker Rating RMoney is rated 3.8 of 5 based on 4 customer reviews Tradingo is rated 4.0 of 5 based on 6 customer reviews

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Contact Broker / Request A Call Back

  RMoney Enquire Tradingo Enquire
Contact Broker RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer
Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

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RMoney Vs Tradingo Investment Options

  RMoney Tradingo
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 Tradingo Order Type Offered

  RMoney Tradingo
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
Good Till Cancelled (GTC) Yes
Enquire RMoneyOpen Tradingo Account

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RMoney Vs Tradingo Research Report

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

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RMoney Vs Tradingo Suitable For Investor Type

  RMoney Tradingo
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes

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RMoney Vs Tradingo - Pros and Cons

  RMoney Tradingo
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.
  • Discount stock broker.
  • Offer margin funding and higher exposure.
  • No brokerage charges for equity delivery trades.
  • 3 different trading platforms: ODIN, NSE Now, JUSTRADE
  • Online IPO and Mutual Funds available.
  • Free trading software
  • Branches in 80+ cities.
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.
  • Call & trade is changed Rs 20 extra.
  • Doesn't offer 3-in-1 account
  • Charge annual maintenance change on demat account.
Reviews Useful Articles:

Tradingo is an Indore-based discount broker offering online and offline trading and investment services across Stocks, F&O, Currency, Commodity, IPO, Mutual Funds, and US Stocks.

Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker and a financial service provider with over two decades of experience in the broking industry. Tradingo is known to provide transparent, faster, and low-cost brokerage services to its customers.

Tradingo offers free account opening. It has a simple pricing model with two brokerage plans to offer - (i) Discount Broking Plan (ii) Premium Plan. Tradingo charges zero brokerage on Equity Delivery trades and flat Rs 20 for all other segments at BSE, NSE, and MCX under the Discount Plan. With the Premium plan, investors get access to daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an additional cost.

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.

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. Click here to open an account with Tradingo

Enquire RMoneyOpen Tradingo Account

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