Unlimited Trading @ Rs 899 per month - Prostocks

Sharekhan Vs RMoney (Compare Sharekhan and RMoney)

The side-by-side comparison of Sharekhan and RMoney. Compare Sharekhan Vs RMoney brokerage, charges, exposure margin, demat account. Read RMoney and Sharekhan review.

Find out Sharekhan Vs RMoney which is better and Sharekhan Vs RMoney which is best.

Our Sharekhan comparison with Raghunandan Capital Pvt Ltd highlights the major differences between two brokers. Find the best between Sharekhan and RMoney.

Expand

Sharekhan Vs RMoney

  Sharekhan RMoney
Find more info about broker
Sharekhan Logo Raghunandan Capital Pvt Ltd Logo
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... Know more about Sharekhan 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... Know more about Raghunandan Capital Pvt Ltd
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Account Type Classic Account Zero Brokerage Plans
Broker Enquiry Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you. Open an Online Trading Account with RMoney. Leave your contact info and we will get in touch with you.
Year of Incorporation 2000
Number of Branches 2800
Enquire Sharekhan Enquire RMoney
Expand

Sharekhan Vs RMoney Charges

  Sharekhan RMoney
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
Expand

Sharekhan Vs RMoney Brokerage

Brokerage Plan 1

  Sharekhan RMoney
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 ₹50 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 0.03% ₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage 0.03%
Special Offer
Special Offer: Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback.
Special Offer: RMoney ₹0 Account Opening Fee + ₹0 Demat AMC (for Life) + Free Call & Trade Get the offer

Brokerage Plan 2

  Sharekhan RMoney
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 RMoney
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 Rs 20 ₹0 (Unlimited Calls)
Expand

Sharekhan Vs RMoney Taxes

  Sharekhan RMoney
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below
SEBI Charges Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address.
Expand

Sharekhan Vs RMoney Transaction Charges

  Sharekhan RMoney
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) NSE ₹325 per crore | BSE ₹275 per crore (0.00275%)
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) NSE ₹325 per crore | BSE ₹275 per crore (0.00275%
Equity Futures NSE ₹190 per Cr (0.0019%) | BSE ₹50 per Cr (0.00035) (each side) NSE ₹250 per crore | BSE ₹110 per crore (0.0011%)
Equity Options NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium) NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%)
Currency Futures NSE ₹135 per Cr (0.00135%) | MCX ₹130 per Cr (0.00130%) NSE, BSE - ₹150 per crore (0.0015%)
Currency Options NSE ₹4220 per Cr (0.04220%) | MCX ₹3220 per Cr (0.03220%) (on premium) NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity MCX (Non-Agri) ₹230 per Cr (0.0023%) | MCX (Agri) ₹95 per Cr (0.00095%) MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%)
Expand

Sharekhan Vs RMoney Exposure Margin

  Sharekhan RMoney
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
Expand

Sharekhan and RMoney Feature Comparison

  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 Available Yes No
Margin Against Shares (Equity Cash) 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
Other Features Pattern finder, Class room training
Referral Program
Expand

Sharekhan Vs RMoney Review

  Sharekhan RMoney
  283 Customer Reviews    Rate Sharekhan 3 Customer Reviews    Rate RMoney
Fees 3.1 4.7
Trading Brokerage 2.9 4.7
Trading Platform Usability 3.7 4.3
Customer Service 3.4 4.0
Research Capabilities 4.5
Overall Ratings Rated 3.3 stars Rated 4.0 stars
Broker Rating Sharekhan is Rated 3.3 / 5 based on 283 customer reviews RMoney is Rated 4.0 / 5 based on 3 customer reviews
Expand

Contact Broker / Request A Call Back

  Sharekhan Enquire RMoney Enquire
Contact Broker

Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback.

RMoney ₹0 Account Opening Fee + ₹0 Demat AMC (for Life) + Free Call & Trade Get the offer

Expand

Sharekhan Vs RMoney Investment Options

  Sharekhan RMoney
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (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
Expand

Sharekhan Vs RMoney Customer Service

  Sharekhan RMoney
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes Yes
Expand

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
Expand

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
Expand

Sharekhan Vs RMoney Suitable For Investor Type

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

Sharekhan Vs RMoney - Advantages and Disadvantages

  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.

More Advantages...

  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.

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...

  1. Unlimited monthly/yearly trading plans are not available. i.e. Rs 1999 for unlimited equity trading in a month.
  2. 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.
  3. Margin funding is not available.
  4. GTC/GTD not available in Equity.
  5. NRI Account is not available.

More Disadvantages...

Reviews Useful Articles:
Promo / Offers

Free Trading & Demat Account (for limited time only)

Get 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.

Compare More Brokers:



Message Board

Stock Message Board



Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App