Chittorgarh.com Logo
Loading...

TradeSmart Vs RMoney (Compare TradeSmart and RMoney)


VNS Finance & Capital Services Ltd Logo

TradeSmart
TradeSmart is a Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. TradeSmart is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorporated in 1994 to offer brokerage service to Indian Stock, Commodity & Currency market investors and trades through franchisee and sub brokers. TradeSmart offers trading in NSE Cash, NSE F&O, NSE Currency derivatives, BSE Cash, MCX Commodities and depository service of... Know more about VNS Finance & Capital Services Ltd


Raghunandan Capital Pvt Ltd Logo

RMoney
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 and Corporate FDR's. 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 turnover and over 4% of MCX turnover. It has a strong presence in... Know more about Raghunandan Capital Pvt Ltd

Expand

TradeSmart Vs RMoney

Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  TradeSmart RMoney
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Year of Incorporation 1994
Number of Branches 1
Open an Online Trading Account with TradeSmart.Open an Online Trading Account with RMoney.
Open TradeSmart AccountEnquire RMoney
Expand

TradeSmart Vs RMoney Charges & AMC

TradeSmart trading account opening charges is Rs 200 while RMoney account opening changes is Rs 199. TradeSmart Demat Account AMC Charges is Rs 300 and RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free).

  TradeSmart RMoney
Trading Account Opening Charges Rs 200 Rs 199
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 200 Rs 0 (Free)
Demat Account AMC Charges Rs 300 Rs 0 for lifetime (Free)
Expand

TradeSmart Vs RMoney Brokerage Charges & Plans

TradeSmart Vs RMoney Brokerage

TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas RMoney brokerage charges for equity is Rs 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower.

  TradeSmart RMoney
Account Type Power Plan Zero Brokerage Plans
Fixed Charges NA NA
Equity Delivery Rs 15 per order Rs 0 (Free)
Equity Intraday Rs 15 per order Rs 18 per executed order or .01% whichever is lower
Equity Futures Rs 15 per order Rs 18 per executed order or .01% whichever is lower
Equity Options Rs 15 per order Rs 18 per executed order or .01% whichever is lower
Currency Futures Rs 15 per order Rs 18 per executed order or .01% whichever is lower
Currency Options Rs 15 per order Rs 18 per executed order or .01% whichever is lower
Commodity Futures Rs 15 per order Rs 18 per executed order or .01% whichever is lower
Commodity Options Rs 15 per order
Special Offer
Special Offer: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.
Special Offer: RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer

TradeSmart Vs RMoney Brokerage Plan 2

  TradeSmart RMoney
Account Type Value Plan Happy Service Plan
Fixed Charges NA
Equity Delivery 0.07% 0.10% to 0.40%
Equity Intraday 0.007% 0.01% to 0.04%
Equity Futures 0.007% 0.005% to 0.02%
Equity Options Rs 7 Per Lot Rs 20 to Rs 80 per lot
Currency Futures 0.007% 0.005% to 0.02%
Currency Options Rs 7 Per Lot 0.005% to 0.02%
Commodity Futures 0.007% 0.005% to 0.02%
Commodity Options Rs 7 Per Lot
Open TradeSmart AccountEnquire RMoney

TradeSmart Charges Vs RMoney

Minimum Brokerage Rs 15 per executed order Rs 0
Other Charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment
Call & Trade Charges Rs 20 per executed order Rs 0 (Unlimited Calls)
Expand

TradeSmart Vs RMoney Transaction Charges

TradeSmart transaction charges for options is 0.0715% while RMoney exchange transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%).

  TradeSmart RMoney
Equity Delivery 0.0035% NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%)
Equity Intraday 0.0035% NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%
Equity Futures 0.0024% NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%)
Equity Options 0.0715% NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%)
Currency Futures 0.00165% NSE, BSE - Rs 150 per crore (0.0015%)
Currency Options 0.06% NSE, BSE - Rs 7500 (on premium) per crore (0.075%)
Commodity 0.0039% MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%)
Open TradeSmart AccountEnquire RMoney
Expand

TradeSmart Vs RMoney Leverage (Margin)

TradeSmart 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.

  TradeSmart 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)
Open TradeSmart AccountEnquire RMoney
Expand

Compare TradeSmart and RMoney Features

The trading platforms offered TradeSmart include NEST, NOW, Spin. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.

  TradeSmart RMoney
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform NEST, NOW, Spin RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing Equity 3:15 PM
Other Features
Referral Program Yes
Open TradeSmart AccountEnquire RMoney
Expand

TradeSmart Vs RMoney Review

TradeSmart is rated 4.0 of 5 based on 67 customer reviews whereas RMoney is rated 3.8 of 5 based on 4 customer reviews.

  TradeSmart RMoney
  67 Customer Reviews    Rate TradeSmart 4 Customer Reviews    Rate RMoney
Fees 3.8 4.8
Brokerage 4.4 4.5
Trading Platform 3.8 4.0
Customer Service 4.0 4.0
Research Capabilities 2.7 3.0
Overall Ratings Rated 4.0 stars Rated 3.8 stars
Broker Rating TradeSmart is rated 4.0 of 5 based on 67 customer reviews RMoney is rated 3.8 of 5 based on 4 customer reviews
Expand

Contact Broker / Request A Call Back

  TradeSmart Enquire RMoney Enquire
Contact Broker Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today. RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer
Expand

TradeSmart Vs RMoney Investment Options

  TradeSmart RMoney
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO No Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt No Yes
Other Investment Options Corporate FD, Life Instance, General Insurance
Expand

TradeSmart Vs RMoney Order Type Offered

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

TradeSmart Vs RMoney Research Report

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

TradeSmart Vs RMoney Suitable For Investor Type

  TradeSmart RMoney
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes
Expand

TradeSmart Vs RMoney - Pros and Cons

  TradeSmart RMoney
Pros
  • Unlike most of the discount brokers; TradeSmart offers 2 unique brokerage plans designed in such a way that it suits every trading strategy. Switching between these plans is made very easy which offers great flexibility.
  • TSO offers to invest in Mutual Funds, Bonds and Offer For Sale (OFS). These financial instruments are not available with most discount brokers including other popular discount brokers like Zerodha and RKSV.
  • Excellent referral benefits are available. The customer receives 10% credit of the brokerage generated by the clients referred by them.
  • No minimum amount is needed to open or maintain a trading account with TSO.
  • Customer service is available through live chat on its website. This is very convenient for many customers.
  • TradeSmart is in the stock broking industry since 1994.
  • TSO's online knowledgebase has a lot of information which is helpful for most customers.
  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
  • Call and Trade is charged at extra Rs 20 per executed order.
  • Physical contract notes Rs 20 per contract note + courier charges
  • Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20.
  • 24/7 customer service is not available.
  • Facility to invest in IPO's is not available.
  • Doesn't provide daily market report, free tips, news alerts and technical analysis.
  • 3-in-1 accounts are not available as company doesn't provide banking services.
  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.
Reviews Useful Articles: Useful Articles:
Promo / Offers

Flat Rs 15 per trade

  • Flat Rs 15 per trade across all segments +
  • Get Margin against your shares +
  • API for alog trading.

This is a limited-time offer. Open Instant TradeSmart Account online and start trading today.

Lifetime FREE AMC Demat Account + Free Call & Trade

Get free lifetime free AMC demat account and pay flat Rs 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.

Open TradeSmart AccountEnquire RMoney

Compare More Brokers...

TradeSmart RMoney
Compare More Brokers: