SMC Global Vs RMoney (Compare SMC Global and RMoney)


SMC Global
Incorporated in 1994, SMC Global Limited is a leading financial services company in India offering services across brokerage, investment banking and wealth management. SMC Global has a presense in India as well as internationally through offices in Dubai. They have huge network of 50+ branches and 2,400 registered sub-brokers and authorized persons with a PAN-India presence. SMC's Online Trading portal is one stop financial investment portal of SMC Global Ltd. They offers online trading... Know more about SMC Global Limited


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

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SMC Global Vs RMoney

Incorporated in 1994, SMC Global is a Full Service Broker. It offers trading at NSE, BSE, MCX, NCDEX. It has 2450 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  SMC Global RMoney
Type of Broker Full Service Broker Discount Broker
Exchnage Membership NSE, BSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Year of Incorporation 1994
Number of Branches 2450
Open an Online Trading Account with SMC Global.Open an Online Trading Account with RMoney.
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SMC Global Vs RMoney Charges & AMC

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

  SMC Global RMoney
Trading Account Opening Charges Nil Rs 199
Trading Account AMC Charges Nil Rs 0 (Free)
Demat Account Opening Charges Rs 499 Rs 0 (Free)
Demat Account AMC Charges Rs 300 Rs 0 for lifetime (Free)
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SMC Global Vs RMoney Brokerage Charges & Plans

SMC Global Vs RMoney Brokerage

SMC Global brokerage charges for equity is 0.3% and intraday is 0.03% whereas RMoney brokerage charges for equity is Rs 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower.

  SMC Global RMoney
Account Type Zero Brokerage Plans
Fixed Charges NA
Equity Delivery 0.3% Rs 0 (Free)
Equity Intraday 0.03% Rs 18 per executed order or .01% whichever is lower
Equity Futures 0.03% Rs 18 per executed order or .01% whichever is lower
Equity Options Rs 70 per lot Rs 18 per executed order or .01% whichever is lower
Currency Futures 0.03% Rs 18 per executed order or .01% whichever is lower
Currency Options Rs 20 per lot Rs 18 per executed order or .01% whichever is lower
Commodity Futures 0.03% Rs 18 per executed order or .01% whichever is lower
Commodity Options 0.03%
Special Offer
Special Offer: RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer

SMC Global Vs RMoney Brokerage Plan 2

  SMC Global RMoney
Account Type Happy Service Plan
Fixed Charges NA
Equity Delivery 0.3% 0.10% to 0.40%
Equity Intraday 0.03% 0.01% to 0.04%
Equity Futures 0.03% 0.005% to 0.02%
Equity Options Rs 70 per lot Rs 20 to Rs 80 per lot
Currency Futures 0.03% 0.005% to 0.02%
Currency Options Rs 20 per lot 0.005% to 0.02%
Commodity Futures 0.03% 0.005% to 0.02%
Commodity Options 0.03%
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SMC Global Charges Vs RMoney

Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower Rs 0
Other Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment
Call & Trade Charges Rs 0 (Unlimited Calls)
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SMC Global Vs RMoney Transaction Charges

SMC Global transaction charges for options is 0.065% (on premium) while RMoney exchange transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%).

  SMC Global 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 0.0029% NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%)
Equity Options 0.065% (on premium) NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%)
Currency Futures 0.0029% NSE, BSE - Rs 150 per crore (0.0015%)
Currency Options 0.065% (on premium) NSE, BSE - Rs 7500 (on premium) per crore (0.075%)
Commodity 0.0030% MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%)
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SMC Global Vs RMoney Leverage (Margin)

SMC Global margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the RMoney margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  SMC Global RMoney
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare SMC Global and RMoney Features

The trading platforms offered SMC Global include SMC Privilege, Easy Trader, Mobitrader, Tab Trader. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.

  SMC Global RMoney
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes
Online Portfolio Yes Yes
Margin Trading Funding No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform SMC Privilege, Easy Trader, Mobitrader, Tab Trader RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time Equity 3:15 PM
Other Features
Referral Program
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SMC Global Vs RMoney Review

SMC Global is rated 4.1 of 5 based on 29 customer reviews whereas RMoney is rated 3.8 of 5 based on 4 customer reviews.

  SMC Global RMoney
  29 Customer Reviews    Rate SMC Global 4 Customer Reviews    Rate RMoney
Fees 3.9 4.8
Brokerage 3.8 4.5
Trading Platform 4.0 4.0
Customer Service 4.1 4.0
Research Capabilities 4.3 3.0
Overall Ratings Rated 4.1 stars Rated 3.8 stars
Broker Rating SMC Global is rated 4.1 of 5 based on 29 customer reviews RMoney is rated 3.8 of 5 based on 4 customer reviews
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Contact Broker / Request A Call Back

  SMC Global Enquire RMoney Enquire
Contact Broker Leave your contact information and we will get in touch with you....
RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer
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SMC Global Vs RMoney Investment Options

  SMC Global 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 Insurance Corporate FD, Life Instance, General Insurance
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SMC Global Vs RMoney Order Type Offered

  SMC Global RMoney
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No Yes
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SMC Global Vs RMoney Research Report

  SMC Global RMoney
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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SMC Global Vs RMoney Suitable For Investor Type

  SMC Global RMoney
Casual Investor Yes
Active Investor Yes
Trader Yes
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SMC Global Vs RMoney - Pros and Cons

  SMC Global RMoney
Pros
  1. They have 50+ branches for extensive reach.
  2. Call and trade facility is also available.
  3. Clients can place AMO (After Market Orders) and BTST (Buy Today Sell tomorrow) orders.
  4. Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available.
  5. Trading is available in both BSE and NSE.
  6. Low bandwidth website is available for slow internet connection or for trading from mobile devices.
  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. Mobile trading on NSE is not available.
  2. They don't offer 3 in 1 account.
  3. There charge extra for their featured products.
  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.
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Promo / Offers

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.

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