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.
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Sharekhan |
Raghunandan Capital Pvt Ltd |
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| 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
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Full Service Broker |
Discount Broker |
| Supported Exchnage
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BSE, NSE, MSEI, MCX |
BSE, NSE, MCX, NCDEX |
| Account Type
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Classic Account |
Zero Brokerage Plans |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Sharekhan |
Raghunandan Capital Pvt Ltd |
| Trading Account Opening Fees
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₹0 (Free) |
₹0 (Free) |
| Trading Account AMC
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₹0 (Free) |
₹0 (Free) |
| Demat Account Opening Fees
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₹0 (Free) |
₹0 (Free) |
| Demat Account AMC
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₹400 (Free for 1st year) |
₹0 for lifetime (Free) |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Sharekhan |
Raghunandan Capital Pvt Ltd |
| Account Type |
Classic Account |
Zero Brokerage Plans |
| Fixed Charges
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| Equity Delivery Brokerage
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0.50% |
₹0 (Free) |
| Equity Intraday Brokerage
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0.10% |
₹18 per executed order or .01% whichever is lower |
| Equity Futures Brokerage
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0.10% |
₹18 per executed order or .01% whichever is lower |
| Equity Options Brokerage
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₹100 per lot |
₹18 per executed order or .01% whichever is lower |
| Currency Futures Trading Brokerage
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0.10% |
₹18 per executed order or .01% whichever is lower |
| Currency Options Trading Brokerage
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₹30 per lot |
₹18 per executed order or .01% whichever is lower |
| Commodity Futures Trading Brokerage
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0.10% |
₹18 per executed order or .01% whichever is lower |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Sharekhan |
Raghunandan Capital Pvt Ltd |
| Account Type |
Prepaid - ₹1 Lakh |
Happy Service Plan |
| Fixed Charges
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₹1,00,000 per year |
NA |
| Equity Delivery Brokerage
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0.10% |
0.10% to 0.40% |
| Equity Intraday Brokerage
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0.015% |
0.01% to 0.04% |
| Equity Futures Brokerage
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0.015% |
0.005% to 0.02% |
| Equity Options Brokerage
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0.05% or ₹63 per lot |
₹20 to ₹80 per lot |
| Currency Futures Trading Brokerage
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0.005% to 0.02% |
| Currency Options Trading Brokerage
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0.005% to 0.02% |
| Commodity Futures Trading Brokerage
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0.005% to 0.02% |
| Commodity Options Trading Brokerage
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Brokerage Plan 3
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Sharekhan |
Raghunandan Capital Pvt Ltd |
| Account Type |
Margin - ₹1 Lakh |
Zero Brokerage Plans |
| Fixed Charges
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₹1,00,000 margin |
NA |
| Equity Delivery Brokerage
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0.25% |
₹0 (Free) |
| Equity Intraday Brokerage
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0.05% |
₹18 per executed order or .01% whichever is lower |
| Equity Futures Brokerage
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0.05% |
₹18 per executed order or .01% whichever is lower |
| Equity Options Brokerage
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1% or ₹70 per lot |
₹18 per executed order or .01% whichever is lower |
| Currency Futures Trading Brokerage
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₹18 per executed order or .01% whichever is lower |
| Currency Options Trading Brokerage
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₹18 per executed order or .01% whichever is lower |
| Commodity Futures Trading Brokerage
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₹18 per executed order or .01% whichever is lower |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share |
₹0 |
| Other Brokerage Charges
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Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment |
| Call & Trade Charges
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₹0 (Unlimited Calls) |
Taxes
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Sharekhan |
Raghunandan Capital Pvt Ltd |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Sharekhan |
Raghunandan Capital Pvt Ltd |
| Equity Delivery
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NSE ₹325 | BSE ₹275 |
NSE ₹325 per crore | BSE ₹275 per crore (0.00275%) |
| Equity Intraday
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NSE ₹325 | BSE ₹275 |
NSE ₹325 per crore | BSE ₹275 per crore (0.00275% |
| Equity Futures
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NSE ₹190 | BSE ₹50 |
NSE ₹250 per crore | BSE ₹110 per crore (0.0011%) |
| Equity Options
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NSE ₹5000 | BSE ₹50 |
NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%) |
| Currency Futures
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NSE ₹135 | MCX ₹130 |
NSE, BSE - ₹150 per crore (0.0015%) |
| Currency Options
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NSE ₹4220 | MCX ₹3220 |
NSE, BSE - ₹7500 (on premium) per crore (0.075%) |
| Commodity
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MCX (Non-Agri) ₹230 | MCX (Agri) ₹95 |
MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%) |
Exposure
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Sharekhan |
Raghunandan Capital Pvt Ltd |
| Equity Delivery
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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
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10x for A & B group stock |
20x (5%) (Intraday Only) |
| Equity Futures
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66.67x for Indices futures | 40x to 22.5x for stock futures |
Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%) |
| Equity Options
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0x |
Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin |
| Currency Futures
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Intraday - 100X (1%) |
| Currency Options
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Intraday - 100X (1%) |
| Commodity
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Intraday - 77X (1.3%) |
Share Broker Features
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Sharekhan |
Raghunandan Capital Pvt Ltd |
| 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
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TradeTiger |
RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) |
| Intraday Square-off Time
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3:30 PM |
Equity 3:15 PM |
| Other Features
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Broker Ratings (Average User Rating)
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Sharekhan |
Raghunandan Capital Pvt Ltd |
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274 Customer Reviews  |
3 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| 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
Investment Options Available
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Sharekhan |
Raghunandan Capital Pvt Ltd |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Loans, NRI Trading |
Corporate FD, Life Instance, General Insurance |
Customer Service Offered
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Sharekhan |
Raghunandan Capital Pvt Ltd |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Sharekhan |
Raghunandan Capital Pvt Ltd |
| 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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Research / Tips / Reports Published
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Sharekhan |
Raghunandan Capital Pvt Ltd |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Sharekhan |
Raghunandan Capital Pvt Ltd |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Sharekhan |
Raghunandan Capital Pvt Ltd |
| Pros
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- 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
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- 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
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Useful Articles:
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| Promo / Offers
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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.
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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. |
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Enquire about Sharekhan
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