RMoney Vs Trustline (Compare RMoney and Trustline)


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


Trustline
Incorporated in 1989, Trustline Securities is a Noida based financial service provider. Trustline is a full-service broker for over 25 years. Trustline offers customised investment solutions to corporate, institutions and retail investors, through a wide network of offices across India. Trustline provides brokerage services through the online trading website and 400+ branch offices. Trustline research desk offers research based-on technical and fundamental analysis in equity, currency, and comm... Know more about Trustline Securities Ltd

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RMoney Vs Trustline

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

  RMoney Trustline
Type of Broker Discount Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Account Type Zero Brokerage Plans Full-service Brokerage Plan
Year of Incorporation
Number of Branches
Open an Online Trading Account with RMoney.Open an Online Trading Account with Trustline.
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RMoney Vs Trustline Charges & AMC

RMoney trading account opening charges is Rs 199 while Trustline account opening changes is Rs 0 (Free). RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free) and Trustline Demat Account AMC Charges is Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0.

  RMoney Trustline
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) Regular: Rs 0, Lifetime Free AMC: Rs 1000
Demat Account AMC Charges Rs 0 for lifetime (Free) Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0
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RMoney Vs Trustline Brokerage Charges & Plans

RMoney Vs Trustline Brokerage

RMoney brokerage charges for equity is Rs 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower whereas Trustline brokerage charges for equity is 0.20% (20 paisa) and intraday is 0.02% (2 paisa).

  RMoney Trustline
Account Type Zero Brokerage Plans Full-service Brokerage Plan
Fixed Charges NA
Equity Delivery Rs 0 (Free) 0.20% (20 paisa)
Equity Intraday Rs 18 per executed order or .01% whichever is lower 0.02% (2 paisa)
Equity Futures Rs 18 per executed order or .01% whichever is lower 0.02% (2 paisa)
Equity Options Rs 18 per executed order or .01% whichever is lower Rs 75 per lot
Currency Futures Rs 18 per executed order or .01% whichever is lower 0.02% (2 paisa)
Currency Options Rs 18 per executed order or .01% whichever is lower Rs 7.5 per lot
Commodity Futures Rs 18 per executed order or .01% whichever is lower Future: 0.02% (2 paisa) | Options: Rs 50 per lot
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 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

RMoney Vs Trustline Brokerage Plan 2

  RMoney Trustline
Account Type Happy Service Plan Full-service Brokerage Plan
Fixed Charges NA
Equity Delivery 0.10% to 0.40% 0.20% (20 paisa)
Equity Intraday 0.01% to 0.04% 0.02% (2 paisa)
Equity Futures 0.005% to 0.02% 0.02% (2 paisa)
Equity Options Rs 20 to Rs 80 per lot Rs 75 per lot
Currency Futures 0.005% to 0.02% 0.02% (2 paisa)
Currency Options 0.005% to 0.02% Rs 7.5 per lot
Commodity Futures 0.005% to 0.02% Future: 0.02% (2 paisa) | Options: Rs 50 per lot
Commodity Options
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RMoney Charges Vs Trustline

Minimum Brokerage Rs 0 Rs 0 (No Minimum Brokerage)
Other Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment Physical contact notes: Rs 20
Call & Trade Charges Rs 0 (Unlimited Calls) Rs 0 (Free)
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RMoney Vs Trustline Transaction Charges

RMoney transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%) while Trustline exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

  RMoney Trustline
Equity Delivery NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%) NSE Rs 325 per crore | BSE Rs 1.5/trade (each side)
Equity Intraday NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275% NSE Rs 325 per crore | BSE Rs 1.5/trade (each side)
Equity Futures NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%) NSE Rs 190 per crore (0.0019%)
Equity Options NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%) NSE Rs 5000 per crore (0.05%)
Currency Futures NSE, BSE - Rs 150 per crore (0.0015%) NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%)
Currency Options NSE, BSE - Rs 7500 (on premium) per crore (0.075%) NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500
Commodity MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%) MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%)
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RMoney Vs Trustline Leverage (Margin)

RMoney provides the margin of 20x (5%) (Intraday Only) for intraday trades whereas the Trustline margin for intraday cash is Up to 20x.

  RMoney Trustline
Equity Delivery Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5) 1x (100% Margin Required)
Equity Intraday 20x (5%) (Intraday Only) Up to 20x
Equity Futures Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%) NSE: 2x
Equity Options Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin NSE: 2x
Currency Futures Intraday - 100X (1%) NSE: 2x
Currency Options Intraday - 100X (1%) NSE: 2x
Commodity Futures Intraday - 77X (1.3%) MCX Futures: 8x
Commodity Options
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Compare RMoney and Trustline Features

The trading platforms offered RMoney include RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications). Trustline offers Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. trading software.

  RMoney Trustline
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
Margin Against Shares (Equity F&O) Yes
Trading Platform RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.
Intraday Square-off Time Equity 3:15 PM Equity: 3:15 PM, Commodity: 11:15 PM
Other Features
Referral Program
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RMoney Vs Trustline Review

RMoney is rated 3.8 of 5 based on 4 customer reviews whereas Trustline is rated 4.0 of 5 based on 1 customer reviews.

  RMoney Trustline
  4 Customer Reviews    Rate RMoney 1 Customer Reviews    Rate Trustline
Fees 4.8 4.0
Brokerage 4.5 3.0
Trading Platform 4.0 4.0
Customer Service 4.0 4.0
Research Capabilities 3.0
Overall Ratings Rated 3.8 stars Rated 4.0 stars
Broker Rating RMoney is rated 3.8 of 5 based on 4 customer reviews Trustline is rated 4.0 of 5 based on 1 customer reviews
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Contact Broker / Request A Call Back

  RMoney Enquire Trustline Enquire
Contact Broker

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

Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

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RMoney Vs Trustline Investment Options

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

  RMoney Trustline
Bracket Order 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
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RMoney Vs Trustline Research Report

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

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

  RMoney Trustline
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.
  • Research based fundamental and technical analysis available to all the customers.
  • Paperless account opening is available with eKYC and Aadhar integration
  • All trading softwares including trading terminal are available for free.
  • Uses trading platform of Omnesys which is industry leading trading software provider.
  • Margin Against Share is available
  • Short selling is available in NSE Cash segment only.
  • After Hours Orders and Good Till Cancelled (GTC) orders are available.
  • SMS Trade Alerts are available for free to all customers.
  • Call & Trade is free for all customers.
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.
  • Separate account needed for Mutual Funds investment.
  • Doesn't offer bracket orders.
  • Online IPO, NCD, Corporate Bond investment is not available.
  • Trading API is now available.
  • No extra charge for intraday or expiry positions closed by the broker.
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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.

Lifetime FREE AMC Demat Account - 50% Off

Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 500 on account opening.

This is a limited time offer. Simply leave your contact information with us and Trustline representatives will contact you.

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