Sharekhan Vs RMoney (Compare Sharekhan and RMoney)

Sharekhan Vs RMoney

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
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX, NCDEX
Year of Incorporation	2000
Number of Branches	2800
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Sharekhan Vs RMoney Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while RMoney account opening changes is Rs 0 (Free). 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
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
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 Vs RMoney Brokerage

Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas RMoney brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order.

Account Type	Sharekhan Classic Account	RMoney Rs 9 Per Trade Plan
Fixed Charges		NA
Equity Delivery	0.50%	Rs 9 per executed order
Equity Intraday	0.10%	Rs 9 per executed order
Equity Futures	0.10%	Rs 9 per executed order
Equity Options	Rs 50 per lot	Rs 9 per executed order
Currency Futures	0.10%	Rs 9 per executed order
Currency Options	Rs 30 per lot	Rs 9 per executed order
Commodity Futures	0.03%	Rs 9 per executed order
Commodity Options	0.03%	Rs 9 per executed order
Special Offer	Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.	Zerodha (Trade with the best stock broker) 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.

Sharekhan Vs RMoney Brokerage Plan 2

	Sharekhan	RMoney
Account Type	Prepaid - ₹1 Lakh	Rs 999 Per Month Trade Plan
Fixed Charges	Rs 1,00,000 per year	Rs 999
Equity Delivery	0.10%	Rs 0
Equity Intraday	0.015%	Rs 0
Equity Futures	0.015%	Rs 0
Equity Options	0.05% or Rs 63 per lot	Rs 0
Currency Futures		Rs 0
Currency Options		Rs 0
Commodity Futures		Rs 0
Commodity Options		Rs 0
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Sharekhan Vs RMoney Brokerage Plan 3

	Sharekhan	RMoney
Account Type	Margin - ₹1 Lakh	Rs 9 Per Trade Plan
Fixed Charges	Rs 1,00,000 margin	NA
Equity Delivery	0.25%	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	1% or Rs 70 per lot	Rs 9 per executed order
Currency Futures		Rs 9 per executed order
Currency Options		Rs 9 per executed order
Commodity Futures		Rs 9 per executed order
Commodity Options		Rs 9 per executed order
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Sharekhan Charges Vs RMoney

Minimum Brokerage	Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share	Rs 0
Other 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 Vs RMoney Transaction Charges

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 2750 per crore (0.0275%).

	Sharekhan	RMoney
Equity Delivery	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)	NSE Rs 345 per crore | BSE Rs 345 per crore (0.00345%)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)	NSE Rs 345 per crore | BSE Rs 345 per crore (0.00345%)
Equity Futures	NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side)	NSE Rs 260 per crore | BSE Rs 70 per crore (0.007%)
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 2750 per crore (0.0275%)
Currency Futures	NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%)	NSE Rs 180 per crore (0.0018%) | BSE Rs 160 per crore (0.0016%)
Currency Options	NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium)	NSE Rs 5000 (on premium) per crore (0.05%) | 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%)
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Sharekhan Vs RMoney Leverage (Margin)

Sharekhan 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.

	Sharekhan	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 Sharekhan and RMoney Features

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
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	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
Trading In SME Shares Allowed?
Referral Program
Other Features	Pattern finder, Class room training
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Sharekhan Vs RMoney Review

Sharekhan is rated 3.3 of 5 based on 310 customer reviews whereas RMoney is rated 3.2 of 5 based on 5 customer reviews.

	Sharekhan	RMoney
	310 Customer Reviews	5 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Sharekhan is rated 3.3 of 5 based on 310 customer reviews	RMoney is rated 3.2 of 5 based on 5 customer reviews

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Sharekhan Vs RMoney Investment Options

	Sharekhan	RMoney
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Loans, NRI Trading	Corporate FD, Life Instance, General Insurance

Sharekhan Vs RMoney Order Type Offered

	Sharekhan	RMoney
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Sharekhan Vs RMoney Research Report

	Sharekhan	RMoney
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Sharekhan Vs RMoney Suitable For Investor Type

	Sharekhan	RMoney
Casual Investor
Active Investor
Trader

Sharekhan Vs RMoney - Pros and Cons

	Sharekhan	RMoney
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.	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.
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 Rs 400 as AMC for trading account in addition to Rs 400 for demat account.	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.
Reviews		Useful Articles: Flat Fee Stock Trading Broker in India
Promo / Offers	Sharekhan Special Offer Rs 0 Account Opening (for a limited time only) Get FREE Account Opening. FREE Research courage across all segments. 1 Year FREE access to TradeTiger Trading Terminal. This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.	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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