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Sharekhan Vs RMoney (Compare Sharekhan and RMoney)

Sharekhan Logo

About Sharekhan
Designed for the Serious and established in 2000, Sharekhan is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (www.sharekhan.com), TradeTiger (desktop trading software), the Sharekhan app and the InvesTiger app (both available for Android and iOS devices). Designed for serious Investors and Trader... Know more about Sharekhan

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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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 299 (Free for first year).

  Sharekhan RMoney
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 299 (Free for first year)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 400 (Free for 1st year) Rs 299 (Free for first year)

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Sharekhan Vs RMoney Brokerage

Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share 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 0.30% on market rate or minimum 1 paisa per share Rs 9 per executed order
Equity Intraday 0.02% on market rate or minimum 1 paisa per share Rs 9 per executed order
Equity Futures 0.02% per transaction value Rs 9 per executed order
Equity Options Rs 20 per lot Rs 9 per executed order
Currency Futures 0.02% per transaction value Rs 9 per executed order
Currency Options Rs 5 per lot Rs 9 per executed order
Commodity Futures 0.02% Rs 9 per executed order
Commodity Options Rs 20 per lot 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.

Sharekhan Vs RMoney Brokerage Plan 2

  Sharekhan RMoney
Account Type Prepaid - Rs 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

Sharekhan Vs RMoney Brokerage Plan 3

  Sharekhan RMoney
Account Type Margin - Rs 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

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)

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Sharekhan Vs RMoney Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5050 per Cr (0.0505%) (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).

  Sharekhan 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 335 per Cr (0.00335%) | 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 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5050 per Cr (0.0505%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 95 per Cr (0.00095%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Futures: 0.0026% (MCX) | Black Pepper: Rs. 0.05 Castor Seed: Rs 0.5 Kapas: Rs 0.5, Options: 0.05% 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 No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes
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? Yes
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 312 customer reviews whereas RMoney is rated 3.2 of 5 based on 5 customer reviews.

  Sharekhan RMoney
  312 Customer Reviews    Rate Sharekhan 5 Customer Reviews    Rate RMoney
Fees 3.0 4.4
Brokerage 2.8 4.2
Trading Platform 3.7 3.4
Customer Service 3.3 3.8
Research Capabilities 3.1 2.0
Overall Ratings Rated 3.3 stars Rated 3.2 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 312 customer reviews RMoney is rated 3.2 of 5 based on 5 customer reviews

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Contact Broker / Request A Call Back

  Sharekhan 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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Sharekhan Vs RMoney Investment Options

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

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Sharekhan Vs RMoney Order Type Offered

  Sharekhan RMoney
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes

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Sharekhan Vs RMoney Research Report

  Sharekhan RMoney
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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Sharekhan Vs RMoney Suitable For Investor Type

  Sharekhan RMoney
Casual Investor Yes Yes
Active Investor Yes Yes
Trader Yes

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Sharekhan Vs RMoney - Pros and Cons

  Sharekhan RMoney
Pros
  1. Sharekhan offers different trading platforms to suit customer requirements. This includes online browser-based trading, an Installable terminal, mobile, call-n-trade and in-person trade through branch offices.
  2. It offers different brokerage slabs to suit individual customers. Higher your trade your brokerage gets reduced. They have multiple brokerage schemas available to them.
  3. Sharekhan offers online and classroom training, seminars and workshops to investors.
  4. Sharekhan doesn't charge for Online Funds Transfer from a bank account and Funds Pay-out to a bank account.
  5. Sharekhan doesn't charge for DP transactions. Share transfer from and to the DP account is free.
  6. Sharekhan has an India-wide network of branches. You can surely find a Sharekhan in your neighbourhood.
  7. Call & Trade facility is free with Sharekhan.
  8. Sharekhan allows fixed deposits as collateral for future and option trading.
  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
  1. Sharekhan doesn't offer 3-in-1 accounts as they don't provide banking services.
  2. Classic account holders cannot trade Commodities, as the segment has to be activated separately.
  3. As a full-service broker that provides Customer Support and assistance via RMs, their charges are basis a percentage of the Securities being traded and not a flat fee.
  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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