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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...
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 ...
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 | |
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) |
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 | 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 |
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) |
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%) | |
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) |
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 | ||
Charting | ||
Automated Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding | ||
Margin Against Shares (Equity Cash) | ||
Margin Against Shares (Equity F&O) | ||
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? | ||
Referral Program | ||
Other Features | ||
SBI Securities is rated 2.5 of 5 based on 159 customer reviews whereas RMoney is rated 3.2 of 5 based on 5 customer reviews.
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. |
SBI Securities | RMoney | |
---|---|---|
Stock / Equity | ||
Commodity | ||
Currency | ||
IPO | ||
Mutual Funds | ||
Bond / NCD | ||
Debt | ||
Other Investment Options | Corporate FD, Life Instance, General Insurance |
SBI Securities | RMoney | |
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Bracket Order | ||
Cover Order | ||
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) | ||
SBI Securities | RMoney | |
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Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
SBI Securities | RMoney | |
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Casual Investor | ||
Active Investor | ||
Trader |
SBI Securities | RMoney | |
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Reviews | Useful Articles: | |
Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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FREE Intraday Trading (Eq, F&O)
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