SMC Global Vs RMoney (Compare SMC Global and RMoney)
The side-by-side comparison of SMC Global and RMoney. Compare SMC Global Vs RMoney brokerage, charges, exposure margin, demat account. Read RMoney and SMC Global review.
Find out SMC Global Vs RMoney which is better and SMC Global Vs RMoney which is best.
Our SMC Global Limited comparison with Raghunandan Capital Pvt Ltd highlights the major differences between two brokers. Find the best between SMC Global and RMoney.
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 office...
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
Full Service Broker
Discount Broker
Supported Exchnage
NSE, BSE, MCX, NCDEX
BSE, NSE, MCX, NCDEX
Account Type
Zero Brokerage Plans
Broker Enquiry
Year of Incorporation
1994
Number of Branches
2450
SMC Global Vs RMoney Charges
SMC Global Limited
Raghunandan Capital Pvt Ltd
Trading Account Opening Fees
Nil
₹0 (Free)
Trading Account AMC
Nil
₹0 (Free)
Demat Account Opening Fees
Rs 499
₹0 (Free)
Demat Account AMC
Rs 300
₹0 for lifetime (Free)
Demat Account is Mandatory?
No
No
SMC Global Vs RMoney Brokerage
Brokerage Plan 1
SMC Global Limited
Raghunandan Capital Pvt Ltd
Account Type
Zero Brokerage Plans
Fixed Charges
Equity Delivery Brokerage
0.3%
₹0 (Free)
Equity Intraday Brokerage
0.03%
₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage
0.03%
₹18 per executed order or .01% whichever is lower
Equity Options Brokerage
Rs.70 per lot
₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
0.03%
₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
Rs.20 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%
Brokerage Plan 2
SMC Global Limited
Raghunandan Capital Pvt Ltd
Account Type
Happy Service Plan
Fixed Charges
NA
Equity Delivery Brokerage
0.3%
0.10% to 0.40%
Equity Intraday Brokerage
0.03%
0.01% to 0.04%
Equity Futures Brokerage
0.03%
0.005% to 0.02%
Equity Options Brokerage
Rs.70 per lot
₹20 to ₹80 per lot
Currency Futures Trading Brokerage
0.03%
0.005% to 0.02%
Currency Options Trading Brokerage
Rs.20 per lot
0.005% to 0.02%
Commodity Futures Trading Brokerage
0.03%
0.005% to 0.02%
Commodity Options Trading Brokerage
0.03%
Other Charges
Minimum Brokerage Charges
Rs 25 per trade or 2.5% of the trade value whichever is lower
₹0
Other Brokerage Charges
Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment
Call & Trade Charges
₹0 (Unlimited Calls)
SMC Global Vs RMoney Taxes
SMC Global Limited
Raghunandan Capital Pvt Ltd
Securities Transaction Tax (STT)
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)
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)
Exchange Transaction Charges
Check table below
Check table below
SEBI Charges
Rs 15 per Crore
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Charged as per the state of the client's correspondence address.
SMC Global Vs RMoney Transaction Charges
SMC Global Limited
Raghunandan Capital Pvt Ltd
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
0.0029%
NSE ₹250 per crore | BSE ₹110 per crore (0.0011%)
Equity Options
0.065% (on premium)
NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%)
Currency Futures
0.0029%
NSE, BSE - ₹150 per crore (0.0015%)
Currency Options
0.065% (on premium)
NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity
0.0030%
MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%)
SMC Global Vs RMoney Exposure Margin
SMC Global Limited
Raghunandan Capital Pvt Ltd
Equity Delivery
Upto 3x
Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5)
Equity Intraday
Upto 10x Intraday
20x (5%) (Intraday Only)
Equity Futures
Upto 2x
Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%)
Equity Options
NA
Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin
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.
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.
Zerodha
Zero Account Opening Fee