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Sharekhan Vs RMoney Share Broker Comparison

The side-by-side comparison of Sharekhan and Raghunandan Capital Pvt Ltd stock brokers in India. The comparison below highlights the similarities and differences between Sharekhan and RMoney's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Sharekhan and RMoney.

	Sharekhan	Raghunandan Capital Pvt Ltd
	Sharekhan Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	RMoney Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

About the Broker	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 & f...	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...
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnage	BSE, NSE, MSEI, MCX	BSE, NSE, MCX, NCDEX
Account Type	Classic Account	Zero Brokerage Plans
Broker Enquiry

Stock Broker Fees / Charges

	Sharekhan	Raghunandan Capital Pvt Ltd
Trading Account Opening Fees	₹0 (Free)	₹0 (Free)
Trading Account AMC	₹0 (Free)	₹0 (Free)
Demat Account Opening Fees	₹0 (Free)	₹0 (Free)
Demat Account AMC	₹400 (Free for 1st year)	₹0 for lifetime (Free)
Demat Account is Mandatory?	No	No

Trading Brokerage Charges

Brokerage Plan 1

	Sharekhan	Raghunandan Capital Pvt Ltd
Account Type	Classic Account	Zero Brokerage Plans
Fixed Charges
Equity Delivery Brokerage	0.50%	₹0 (Free)
Equity Intraday Brokerage	0.10%	₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage	0.10%	₹18 per executed order or .01% whichever is lower
Equity Options Brokerage	₹100 per lot	₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage	0.10%	₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage	₹30 per lot	₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage	0.10%	₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage

Brokerage Plan 2

	Sharekhan	Raghunandan Capital Pvt Ltd
Account Type	Prepaid - ₹1 Lakh	Happy Service Plan
Fixed Charges	₹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 ₹63 per lot	₹20 to ₹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

Brokerage Plan 3

	Sharekhan	Raghunandan Capital Pvt Ltd
Account Type	Margin - ₹1 Lakh	Zero Brokerage Plans
Fixed Charges	₹1,00,000 margin	NA
Equity Delivery Brokerage	0.25%	₹0 (Free)
Equity Intraday Brokerage	0.05%	₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage	0.05%	₹18 per executed order or .01% whichever is lower
Equity Options Brokerage	1% or ₹70 per lot	₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage		₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage		₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage		₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges	Intraday: 5 paisa per share \| Delivery: 10 paisa per share \| Future ₹0.001 per share	₹0
Other Brokerage Charges		Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment
Call & Trade Charges		₹0 (Unlimited Calls)

Taxes

	Sharekhan	Raghunandan Capital Pvt Ltd
Securities Transaction Tax (STT)	Equity Intraday: 0.025% (on Sell trade) Equity Delivery: 0.1% (on Buy and Sell) Equity Futures: 0.01% (on Sell trade) Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures: Nil Currency Options: Nil Commodities: 0.01% on sell side (Non-Agri)	Equity Intraday: 0.025% (on Sell trade) Equity Delivery: 0.1% (on Buy and Sell) Equity Futures: 0.01% (on Sell trade) Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures: Nil Currency Options: Nil Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges	Check table below	Check table below
SEBI Charges	Rs 15 per Crore	Rs 15 per Crore
Goods and Services Tax (GST)	18% on (brokerage + transaction charges)	18% on (brokerage + transaction charges)
Stamp Duty	Charged as per the state of the client's correspondence address.	Charged as per the state of the client's correspondence address.

Transaction Charges

	Sharekhan	Raghunandan Capital Pvt Ltd
Equity Delivery	NSE ₹325 \| BSE ₹275	NSE ₹325 per crore \| BSE ₹275 per crore (0.00275%)
Equity Intraday	NSE ₹325 \| BSE ₹275	NSE ₹325 per crore \| BSE ₹275 per crore (0.00275%
Equity Futures	NSE ₹190 \| BSE ₹50	NSE ₹250 per crore \| BSE ₹110 per crore (0.0011%)
Equity Options	NSE ₹5000 \| BSE ₹50	NSE ₹7000 per crore (0.07%) \| BSE ₹4500 per crore (0.045%)
Currency Futures	NSE ₹135 \| MCX ₹130	NSE, BSE - ₹150 per crore (0.0015%)
Currency Options	NSE ₹4220 \| MCX ₹3220	NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity	MCX (Non-Agri) ₹230 \| MCX (Agri) ₹95	MCX ₹325 (0.00325%) \| NCDEX ₹600 per Cr(0.006%)

Exposure

	Sharekhan	Raghunandan Capital Pvt Ltd
Equity Delivery	6.67x for A group stock \| 5x to 2.5x for B group stock	Zero Brokerage Plan: 1x \| Happy Service Plan: 3x (balance on T+5)
Equity Intraday	10x for A & B group stock	20x (5%) (Intraday Only)
Equity Futures	66.67x for Indices futures \| 40x to 22.5x for stock futures	Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%)
Equity Options	0x	Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin
Currency Futures		Intraday - 100X (1%)
Currency Options		Intraday - 100X (1%)
Commodity		Intraday - 77X (1.3%)

Share Broker Features

	Sharekhan	Raghunandan Capital Pvt Ltd
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Trading Platform	TradeTiger	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

Broker Ratings (Average User Rating)

	Sharekhan	Raghunandan Capital Pvt Ltd
	274 Customer Reviews	3 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	Sharekhan is Rated 3.3 / 5 based on 274 customer reviews	RMoney is Rated 4.0 / 5 based on 3 customer reviews

Contact Broker / Request A Call Back

	Sharekhan	Raghunandan Capital Pvt Ltd
Contact / Request Call Back	Name Phone Number Email City Name State Are you a day trader?

Investment Options Available

	Sharekhan	Raghunandan Capital Pvt Ltd
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Loans, NRI Trading	Corporate FD, Life Instance, General Insurance

Customer Service Offered

	Sharekhan	Raghunandan Capital Pvt Ltd
24/7 Customer Service
Onine Live Chat
Through Branches

Order Type

	Sharekhan	Raghunandan Capital Pvt Ltd
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Research / Tips / Reports Published

	Sharekhan	Raghunandan Capital Pvt Ltd
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Suitable for Investor Category

	Sharekhan	Raghunandan Capital Pvt Ltd
Casual Investor
Active Investor
Trader

Pros, Cons and Other Review Comments

	Sharekhan	Raghunandan Capital Pvt Ltd
Pros	It has a strong network of over 1950 branches across India. The fund transfer from and to the trading account is free. The share transfer from and to the DP account is free when trading from Sharekhan trading account. The 'TradeTiger' is the most popular trading terminal in India. Brokerage Plan "Prepaid AMC schemes" are available for high volume traders. Stock SIP is available. Loan against shares, margin funding, ipo financing and ESOP funding is available. More Advantages...	Offer both discount brokerage as well as full-service brokerage plans. Equity Delivery trades are brokerage free. Truly no brokerage fee for trading in Equity Cash & Carry segment ODIN trading platform is available free of cost to all customers. Unlimited free Call & Trades. Local branches in major cities across North India. Free tips, research and news alerts. Online paperless instant account opening. More Advantages...
Cons	Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services. Sharekhan brokerage is high in comparison to the discount brokers. Sharekhan charges ₹400 as AMC for trading account in addition to ₹400 for demat account. More Disadvantages...	Unlimited monthly/yearly trading plans are not available. i.e. Rs 1999 for unlimited equity trading in a month. 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. Margin funding is not available. GTC/GTD not available in Equity. NRI Account is not available. More Disadvantages...
Reviews		Useful Articles: Flat Fee Stock Trading Broker in India
Promo / Offers	Free Trading & Demat Account (for limited time only) Sharekhan offers FREE Trading + Demat Account (₹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 & Trade Get free lifetime free AMC demat account and pay flat ₹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 about Sharekhan
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	Sharekhan	Raghunandan Capital Pvt Ltd
Equity Delivery	NSE ₹325 \| BSE ₹275	NSE ₹325 per crore \| BSE ₹275 per crore (0.00275%)
Equity Intraday	NSE ₹325 \| BSE ₹275	NSE ₹325 per crore \| BSE ₹275 per crore (0.00275%
Equity Futures	NSE ₹190 \| BSE ₹50	NSE ₹250 per crore \| BSE ₹110 per crore (0.0011%)
Equity Options	NSE ₹5000 \| BSE ₹50	NSE ₹7000 per crore (0.07%) \| BSE ₹4500 per crore (0.045%)
Currency Futures	NSE ₹135 \| MCX ₹130	NSE, BSE - ₹150 per crore (0.0015%)
Currency Options	NSE ₹4220 \| MCX ₹3220	NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity	MCX (Non-Agri) ₹230 \| MCX (Agri) ₹95	MCX ₹325 (0.00325%) \| NCDEX ₹600 per Cr(0.006%)