TradeSmart Vs RMoney (Compare TradeSmart and RMoney)

The side-by-side comparison of TradeSmart and RMoney. Compare TradeSmart Vs RMoney brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best TradeSmart vs RMoney?


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


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
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Account Type Power Plan (₹15/Order) Zero Brokerage Plans
Year of Incorporation 1994
Number of Branches 1
Broker Enquiry Open an Online Trading Account with TradeSmart. 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.
Enquire TradeSmartEnquire RMoney
Expand

TradeSmart Vs RMoney Charges & AMC

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

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

TradeSmart Vs RMoney Brokerage Charges & Plans

TradeSmart Vs RMoney Brokerage

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

  TradeSmart RMoney
Account Type Power Plan (₹15/Order) Zero Brokerage Plans
Fixed Charges
Equity Delivery Brokerage ₹15 per executed order ₹0 (Free)
Equity Intraday Brokerage ₹15 per executed order ₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage ₹15 per executed order ₹18 per executed order or .01% whichever is lower
Equity Options Brokerage ₹15 per executed order ₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage ₹15 per executed order ₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹15 per executed order ₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage ₹15 per executed order ₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage ₹15 per executed order
Special Offer
Special Offer: FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer
Special Offer: RMoney ₹0 Account Opening Fee + ₹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 Brokerage 0.007% 0.10% to 0.40%
Equity Intraday Brokerage 0.007% 0.01% to 0.04%
Equity Futures Brokerage 0.007% 0.005% to 0.02%
Equity Options Brokerage ₹7 Per Lot ₹20 to ₹80 per lot
Currency Futures Trading Brokerage 0.007% 0.005% to 0.02%
Currency Options Trading Brokerage ₹7 Per Lot 0.005% to 0.02%
Commodity Futures Trading Brokerage 0.007% 0.005% to 0.02%
Commodity Options Trading Brokerage ₹7 Per Lot
Enquire TradeSmartEnquire RMoney

TradeSmart Charges Vs RMoney

Minimum Brokerage Charges ₹15 per executed order ₹0
Other Brokerage Charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹20 per executed order Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment
Call & Trade Charges ₹20 per executed order ₹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 ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%).

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

TradeSmart Vs RMoney Leverage (Margin)

TradeSmart provides the margin of 30x trading margin for intraday trades whereas the RMoney margin for intraday cash is 20x (5%) (Intraday Only).

  TradeSmart RMoney
Equity Delivery 1x (no margin) Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5)
Equity Intraday 30x trading margin 20x (5%) (Intraday Only)
Equity Futures MIS: 3X | BO: 7X | CO: 7X Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%)
Equity Options MIS: 3X | BO: 7X | CO: 7X Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin
Currency Futures MIS: 3X | BO: 3X | CO: 3X Intraday - 100X (1%)
Currency Options MIS: 3X | BO: NA | CO: NA Intraday - 100X (1%)
Commodity Futures MIS: 2X | BO: 6X | CO: 6X Intraday - 77X (1.3%)
Commodity Options MIS: NA | BO: NA | CO: NA
Enquire TradeSmartEnquire 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 Available 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
Enquire TradeSmartEnquire RMoney
Expand

TradeSmart Vs RMoney Review

TradeSmart is rated 4.0 of 5 based on 64 customer reviews whereas RMoney is rated 4.0 of 5 based on 3 customer reviews.

  TradeSmart RMoney
  64 Customer Reviews    Rate TradeSmart 3 Customer Reviews    Rate RMoney
Fees 3.8 4.7
Trading Brokerage 4.4 4.7
Trading Platform Usability 3.7 4.3
Customer Service 4.0 4.0
Research Capabilities 3.0
Overall Ratings Rated 4.0 stars Rated 4.0 stars
Broker Rating TradeSmart is rated 4.0 of 5 based on 64 customer reviews RMoney is rated 4.0 of 5 based on 3 customer reviews
Expand

Contact Broker / Request A Call Back

  TradeSmart Enquire RMoney Enquire
Contact Broker

FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

RMoney ₹0 Account Opening Fee + ₹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
Initial Public Offers (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
Enquire TradeSmartEnquire 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
  • EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with an annual subscription fee of ₹1000.
  • 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 ₹20 per executed order.
  • Physical contract notes ₹20 per contract note + courier charges
  • Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹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

Limited Time Offer - Free Account Opening (₹400 waived)

Open TradeSmart Trading Account and get Free Trading, Demat and Mutual Fund Account + Trade at flat ₹15 per order.

Get this limited time offer

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.

Enquire TradeSmartEnquire RMoney

Compare More Brokers...

TradeSmart RMoney
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App