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.
SMC Global Vs RMoney
SMC Global
RMoney
Find more info about broker
About the Broker
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
Enquire SMC Global
Enquire RMoney
SMC Global Vs RMoney Charges
SMC Global
RMoney
Trading Account Opening Fees
Nil
₹0 (Free)
Trading Account AMC
Nil
₹0 (Free)
Demat Account Opening Fees
₹499
₹0 (Free)
Demat Account AMC
₹300
₹0 for lifetime (Free)
Demat Account is Mandatory?
No
No
SMC Global Vs RMoney Brokerage
Brokerage Plan 2
SMC Global
RMoney
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
₹70 per lot
₹20 to ₹80 per lot
Currency Futures Trading Brokerage
0.03%
0.005% to 0.02%
Currency Options Trading Brokerage
₹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
RMoney
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)
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.
SMC Global Vs RMoney Transaction Charges
SMC Global
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
0.0029%
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
RMoney
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
Currency Futures
NA
Intraday - 100X (1%)
Currency Options
NA
Intraday - 100X (1%)
Commodity Futures
Upto 2x
Intraday - 77X (1.3%)
Commodity Options
SMC Global and RMoney Feature Comparison
SMC Global
RMoney
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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
SMC Global Vs RMoney Review
SMC Global
RMoney
14 Customer Reviews
3 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
SMC Global is Rated 3.9 / 5 based on 14 customer reviews RMoney is Rated 4.0 / 5 based on 3 customer reviews
SMC Global Vs RMoney Investment Options
SMC Global
RMoney
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
Corporate FD, Life Instance, General Insurance
SMC Global Vs RMoney Customer Service
SMC Global
RMoney
24/7 Customer Service
Onine Live Chat
Through Branches
SMC Global Vs RMoney Order Type Offered
SMC Global
RMoney
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
SMC Global Vs RMoney Research Report
SMC Global
RMoney
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
SMC Global Vs RMoney Suitable For Investor Type
SMC Global
RMoney
Casual Investor
Active Investor
Trader
SMC Global Vs RMoney - Advantages and Disadvantages
SMC Global
RMoney
Pros
They have 50+ branches for extensive reach.
Call and trade facility is also available.
Clients can place AMO (After Market Orders) and BTST (Buy Today Sell tomorrow) orders.
Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available.
Trading is available in both BSE and NSE.
Low bandwidth website is available for slow internet connection or for trading from mobile devices.
More Advantages...
Offer both discount brokerage as well as full-service brokerage plans.
Equity Delivery trades are brokerage free. Truly no brokerage fee for trading in Equity Cash & Carry segment
ODIN trading platform is available free of cost to all customers.
Unlimited free Call & Trades.
Local branches in major cities across North India.
Free tips, research and news alerts.
Online paperless instant account opening.
More Advantages...
Cons
Mobile trading on NSE is not available.
They don't offer 3 in 1 account.
There charge extra for their featured products.
More Disadvantages...
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.
Margin funding is not available.
GTC/GTD not available in Equity.
NRI Account is not available.
More Disadvantages...
Reviews
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Promo / Offers
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.
Zerodha
Zero Account Opening Fee