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SBI Securities Vs RMoney (Compare SBI Securities and RMoney)


SBICAP Securities Ltd Logo

SBI Securities
SBICAP Securities Ltd (SSL) is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders. SBI Smart is the flagship trading platform of the company. The portal allows both Resident Indians a... Know more about SBICAP Securities Ltd


Raghunandan Capital Pvt Ltd Logo

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

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SBI Securities Vs RMoney

Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  SBI Securities RMoney
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE BSE, NSE, MCX, NCDEX
Year of Incorporation 2001
Number of Branches 117
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SBI Securities Vs RMoney Charges & AMC

SBI Securities trading account opening charges is Rs 850 while RMoney account opening changes is Rs 199. SBI Securities Demat Account AMC Charges is Rs 350 and RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free).

  SBI Securities RMoney
Trading Account Opening Charges Rs 850 Rs 199
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 350 Rs 0 for lifetime (Free)
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SBI Securities Vs RMoney Brokerage Charges & Plans

SBI Securities Vs RMoney Brokerage

SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas RMoney brokerage charges for equity is Rs 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower.

  SBI Securities RMoney
Account Type eZ-trade Zero Brokerage Plans
Fixed Charges NA
Equity Delivery 0.50% Rs 0 (Free)
Equity Intraday 0.05% Rs 18 per executed order or .01% whichever is lower
Equity Futures 0.05% Rs 18 per executed order or .01% whichever is lower
Equity Options Rs 100 per lot Rs 18 per executed order or .01% whichever is lower
Currency Futures 0.03% Rs 18 per executed order or .01% whichever is lower
Currency Options Rs 30 per lot Rs 18 per executed order or .01% whichever is lower
Commodity Futures NA Rs 18 per executed order or .01% whichever is lower
Commodity Options NA
Special Offer
Special Offer: RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer

SBI Securities Vs RMoney Brokerage Plan 2

  SBI Securities RMoney
Account Type eZ-trade Happy Service Plan
Fixed Charges NA
Equity Delivery 0.50% 0.10% to 0.40%
Equity Intraday 0.05% 0.01% to 0.04%
Equity Futures 0.05% 0.005% to 0.02%
Equity Options Rs 100 per lot Rs 20 to Rs 80 per lot
Currency Futures 0.03% 0.005% to 0.02%
Currency Options Rs 30 per lot 0.005% to 0.02%
Commodity Futures NA 0.005% to 0.02%
Commodity Options NA
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SBI Securities Charges Vs RMoney

Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future Rs 0
Other Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment
Call & Trade Charges Rs 10 per call (after 30 free calls a month) Rs 0 (Unlimited Calls)
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SBI Securities Vs RMoney Transaction Charges

SBI Securities transaction charges for options is NSE: 0.05515% (Rs 5515/Crore) while RMoney exchange transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%).

  SBI Securities RMoney
Equity Delivery NSE: 0.00386% | BSE: 0.00384% NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%)
Equity Intraday NSE: 0.00386% | BSE: 0.00384% NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%
Equity Futures NSE: 0.002206% (Rs 221/Crore) NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%)
Equity Options NSE: 0.05515% (Rs 5515/Crore) NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%)
Currency Futures 0.002206% NSE, BSE - Rs 150 per crore (0.0015%)
Currency Options NSE: 0.05515% (Rs 5515/Crore) NSE, BSE - Rs 7500 (on premium) per crore (0.075%)
Commodity MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%)
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SBI Securities Vs RMoney Leverage (Margin)

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

  SBI Securities RMoney
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 SBI Securities and RMoney Features

The trading platforms offered SBI Securities include SBI Smart Express, SBI Smart Web, SBI Smart Mobile. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.

  SBI Securities RMoney
3 in 1 Account Yes No
Charting No Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform SBI Smart Express, SBI Smart Web, SBI Smart Mobile RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time 2:45 PM Equity 3:15 PM
Other Features
Referral Program
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SBI Securities Vs RMoney Review

SBI Securities is rated 2.6 of 5 based on 146 customer reviews whereas RMoney is rated 3.8 of 5 based on 4 customer reviews.

  SBI Securities RMoney
  146 Customer Reviews    Rate SBI Securities 4 Customer Reviews    Rate RMoney
Fees 3.2 4.8
Brokerage 2.8 4.5
Trading Platform 2.6 4.0
Customer Service 2.8 4.0
Research Capabilities 2.7 3.0
Overall Ratings Rated 2.6 stars Rated 3.8 stars
Broker Rating SBI Securities is rated 2.6 of 5 based on 146 customer reviews RMoney is rated 3.8 of 5 based on 4 customer reviews
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Contact Broker / Request A Call Back

  SBI Securities Enquire RMoney Enquire
Contact Broker Leave your contact information and we will get in touch with you....
RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer
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SBI Securities Vs RMoney Investment Options

  SBI Securities RMoney
Stock / Equity Yes Yes
Commodity No 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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SBI Securities Vs RMoney Order Type Offered

  SBI Securities RMoney
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) No Yes
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SBI Securities Vs RMoney Research Report

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

  SBI Securities RMoney
Casual Investor Yes Yes
Active Investor Yes
Trader Yes
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SBI Securities Vs RMoney - Pros and Cons

  SBI Securities RMoney
Pros
  • Offer 3-in-1 account for seamless transactions.
  • Full-service broker offering services online as well as through branches.
  • Wide range of investment options.
  • Free research reports are available.
  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.
Cons
  • Installable Trading Terminal (exe) is not available for frequent traders.
  • Good Till Cancelled (GTC) orders are not available.
  • Very high brokerage.
  • Commodity (MCX) trading is not available.
  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.
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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.

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