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SBI Securities Vs RMoney (Compare SBI Securities and RMoney)

SBICAP Securities Ltd Logo

About 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 and N... Know more about SBICAP Securities Ltd

Raghunandan Capital Pvt Ltd Logo

About RMoney
Incorporated in 2004, Raghunandan Money (RMoney) is an Gift City, Gandhinagar, Gujarat-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 ... 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 0 (Free). SBI Securities Demat Account AMC Charges is Rs 350 and RMoney Demat Account AMC Charges is Rs 299 (Free for first year).

  SBI Securities RMoney
Trading Account Opening Charges Rs 850 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 299 (Free for first year)
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 350 Rs 299 (Free for first year)

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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 9 per executed order and intraday is Rs 9 per executed order.

Account Type SBI Securities eZ-trade RMoney Rs 9 Per Trade Plan
Fixed Charges NA
Equity Delivery 0.50% Rs 9 per executed order
Equity Intraday 0.05% Rs 9 per executed order
Equity Futures 0.05% Rs 9 per executed order
Equity Options Rs 100 per lot Rs 9 per executed order
Currency Futures 0.03% Rs 9 per executed order
Currency Options Rs 30 per lot Rs 9 per executed order
Commodity Futures NA Rs 9 per executed order
Commodity Options NA Rs 9 per executed order
Special Offer

Zerodha (Flat Rs 20 Per Trade)

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 (Flat Rs 20 Per Trade)

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.

SBI Securities Vs RMoney Brokerage Plan 2

  SBI Securities RMoney
Account Type eZ-trade Rs 999 Per Month Trade Plan
Fixed Charges Rs 999
Equity Delivery 0.50% Rs 0
Equity Intraday 0.05% Rs 0
Equity Futures 0.05% Rs 0
Equity Options Rs 100 per lot Rs 0
Currency Futures 0.03% Rs 0
Currency Options Rs 30 per lot Rs 0
Commodity Futures NA Rs 0
Commodity Options NA Rs 0

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 Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while RMoney exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  SBI Securities RMoney
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
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
Trading In SME Shares Allowed? Yes
Referral Program
Other Features

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SBI Securities Vs RMoney Review

SBI Securities is rated 2.5 of 5 based on 161 customer reviews whereas RMoney is rated 3.2 of 5 based on 5 customer reviews.

  SBI Securities RMoney
  161 Customer Reviews    Rate SBI Securities 5 Customer Reviews    Rate RMoney
Fees 3.1 4.4
Brokerage 2.7 4.2
Trading Platform 2.6 3.4
Customer Service 2.8 3.8
Research Capabilities 2.5 2.0
Overall Ratings Rated 2.5 stars Rated 3.2 stars
Broker Rating SBI Securities is rated 2.5 of 5 based on 161 customer reviews RMoney is rated 3.2 of 5 based on 5 customer reviews

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Contact Broker / Request A Call Back

  SBI Securities Enquire RMoney 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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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. 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.
  2. Margin funding is not available.
  3. GTC/GTD not available in Equity.
  4. NRI Account is not available.
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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

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