The side-by-side comparison of Sharekhan and RMoney. Compare Sharekhan Vs RMoney brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Sharekhan vs RMoney?
Sharekhan
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has internationa...
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...
Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.
Sharekhan | RMoney | |
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Type of Broker | Full Service Broker | Discount Broker |
Supported Exchnages | BSE, NSE, MCX | BSE, NSE, MCX, NCDEX |
Account Type | Classic Account | Zero Brokerage Plans |
Year of Incorporation | 2000 | |
Number of Branches | 2800 | |
Broker Enquiry |
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Enquire Sharekhan | Enquire RMoney |
Sharekhan trading account opening charges is Rs 0 (Free) while RMoney account opening changes is Rs 199. Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free).
Sharekhan | RMoney | |
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Trading Account Opening Charges | Rs 0 (Free) | Rs 199 |
Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
Demat Account AMC Charges | Rs 400 (Free for 1st year) | Rs 0 for lifetime (Free) |
Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas RMoney brokerage charges for equity is Rs 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower.
Sharekhan | RMoney | |
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Account Type | Classic Account | Zero Brokerage Plans |
Fixed Charges | NA | |
Equity Delivery Brokerage | 0.50% | Rs 0 (Free) |
Equity Intraday Brokerage | 0.10% | Rs 18 per executed order or .01% whichever is lower |
Equity Futures Brokerage | 0.10% | Rs 18 per executed order or .01% whichever is lower |
Equity Options Brokerage | Rs 50 per lot | Rs 18 per executed order or .01% whichever is lower |
Currency Futures Trading Brokerage | 0.10% | Rs 18 per executed order or .01% whichever is lower |
Currency Options Trading Brokerage | Rs 30 per lot | Rs 18 per executed order or .01% whichever is lower |
Commodity Futures Trading Brokerage | 0.03% | Rs 18 per executed order or .01% whichever is lower |
Commodity Options Trading Brokerage | 0.03% | |
Special Offer | Special Offer: Get Free Trading + Demat Account (Rs 1150 waived on account opening) for limited time. Request a Callback. |
Special Offer: RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer |
Sharekhan | RMoney | |
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Account Type | Prepaid - ₹1 Lakh | Happy Service Plan |
Fixed Charges | Rs 1,00,000 per year | NA |
Equity Delivery Brokerage | 0.10% | 0.10% to 0.40% |
Equity Intraday Brokerage | 0.015% | 0.01% to 0.04% |
Equity Futures Brokerage | 0.015% | 0.005% to 0.02% |
Equity Options Brokerage | 0.05% or Rs 63 per lot | Rs 20 to Rs 80 per lot |
Currency Futures Trading Brokerage | 0.005% to 0.02% | |
Currency Options Trading Brokerage | 0.005% to 0.02% | |
Commodity Futures Trading Brokerage | 0.005% to 0.02% | |
Commodity Options Trading Brokerage | ||
Enquire Sharekhan | Enquire RMoney |
Sharekhan | RMoney | |
---|---|---|
Account Type | Margin - ₹1 Lakh | Zero Brokerage Plans |
Fixed Charges | Rs 1,00,000 margin | NA |
Equity Delivery Brokerage | 0.25% | Rs 0 (Free) |
Equity Intraday Brokerage | 0.05% | Rs 18 per executed order or .01% whichever is lower |
Equity Futures Brokerage | 0.05% | Rs 18 per executed order or .01% whichever is lower |
Equity Options Brokerage | 1% or Rs 70 per lot | Rs 18 per executed order or .01% whichever is lower |
Currency Futures Trading Brokerage | Rs 18 per executed order or .01% whichever is lower | |
Currency Options Trading Brokerage | Rs 18 per executed order or .01% whichever is lower | |
Commodity Futures Trading Brokerage | Rs 18 per executed order or .01% whichever is lower | |
Commodity Options Trading Brokerage | ||
Enquire Sharekhan | Enquire RMoney |
Minimum Brokerage Charges | Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share | Rs 0 |
Other Brokerage Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment | |
Call & Trade Charges | Rs 20 | Rs 0 (Unlimited Calls) |
Sharekhan transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) while RMoney exchange transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%).
Sharekhan | RMoney | |
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Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) | NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%) |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) | NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275% |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side) | NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%) |
Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) | NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%) |
Currency Futures | NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%) | NSE, BSE - Rs 150 per crore (0.0015%) |
Currency Options | NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium) | NSE, BSE - Rs 7500 (on premium) per crore (0.075%) |
Commodity | MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%) | MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%) |
Enquire Sharekhan | Enquire RMoney |
Sharekhan provides the margin of Upto 10x for intraday trades whereas the RMoney margin for intraday cash is 20x (5%) (Intraday Only).
Sharekhan | RMoney | |
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Equity Delivery | Upto 5x with 24% interest per year | Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5) |
Equity Intraday | Upto 10x | 20x (5%) (Intraday Only) |
Equity Futures | 2x for Intraday | Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%) |
Equity Options | Nil | Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin |
Currency Futures | Nil | Intraday - 100X (1%) |
Currency Options | Nil | Intraday - 100X (1%) |
Commodity Futures | Upto 2x for Intraday | Intraday - 77X (1.3%) |
Commodity Options | ||
Enquire Sharekhan | Enquire RMoney |
The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.
Sharekhan | RMoney | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | TradeTiger, Sharekhan Mobile | RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) |
Intraday Square-off Time | 3:30 PM | Equity 3:15 PM |
Other Features | Pattern finder, Class room training | |
Referral Program | ||
Enquire Sharekhan | Enquire RMoney |
Sharekhan is rated 3.3 of 5 based on 295 customer reviews whereas RMoney is rated 3.8 of 5 based on 4 customer reviews.
Sharekhan | RMoney | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Enquire Sharekhan | Enquire RMoney |
Sharekhan | RMoney | |
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Cons |
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Reviews | Useful Articles: | |
Promo / Offers | Free Trading & Demat Account (for limited time only)Get FREE Trading + Demat Account (Rs 1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage. This is a limited time offer. Simply leave your contact information with us and Sharekhan representatives will contact you. |
Lifetime FREE AMC Demat Account + Free Call & TradeGet 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. |
Enquire Sharekhan | Enquire RMoney |
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