Wisdom Capital Vs RMoney (Compare Wisdom Capital and RMoney)


Wisdom Capital
Incorporated in 2013, Wisdom Capital is an online discount brokerage firm offering brokerage services for stocks, future and options, currency and commodities on NSE, BSE, MCX & NCDEX. Wisdom Capital Group offers broker assisted trade execution and automated online investing on all the stocks in BSE and NSE. They provide tools like charting, live data etc either free of cost or at a minimal price for making informed decisions and substantial gains. Wisdom Capital offers precious metal futu... Know more about Wisdom Capital


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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Wisdom Capital Vs RMoney

Incorporated in 2013, Wisdom Capital is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 250 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  Wisdom Capital RMoney
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Year of Incorporation 2013
Number of Branches 250
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Wisdom Capital Vs RMoney Charges & AMC

Wisdom Capital trading account opening charges is Rs 0 while RMoney account opening changes is Rs 199. Wisdom Capital Demat Account AMC Charges is Rs 999 (Lifetime) and RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free).

  Wisdom Capital RMoney
Trading Account Opening Charges Rs 0 Rs 199
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 999 (Lifetime) Rs 0 for lifetime (Free)
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Wisdom Capital Vs RMoney Brokerage Charges & Plans

Wisdom Capital Vs RMoney Brokerage

Wisdom Capital brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order whereas RMoney brokerage charges for equity is Rs 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower.

  Wisdom Capital RMoney
Account Type Pro Plan Zero Brokerage Plans
Fixed Charges NA
Equity Delivery Rs 9 per executed order Rs 0 (Free)
Equity Intraday Rs 9 per executed order Rs 18 per executed order or .01% whichever is lower
Equity Futures Rs 9 per executed order Rs 18 per executed order or .01% whichever is lower
Equity Options Rs 9 per executed order Rs 18 per executed order or .01% whichever is lower
Currency Futures Rs 9 per executed order Rs 18 per executed order or .01% whichever is lower
Currency Options Rs 9 per executed order Rs 18 per executed order or .01% whichever is lower
Commodity Futures Rs 9 per executed order Rs 18 per executed order or .01% whichever is lower
Commodity Options Rs 9 per executed order
Special Offer
Special Offer: RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer

Wisdom Capital Vs RMoney Brokerage Plan 2

  Wisdom Capital RMoney
Account Type Freedom Plan Happy Service Plan
Fixed Charges Rs 999 per month per segment NA
Equity Delivery Rs 0 0.10% to 0.40%
Equity Intraday Rs 0 0.01% to 0.04%
Equity Futures Rs 0 0.005% to 0.02%
Equity Options Rs 0 Rs 20 to Rs 80 per lot
Currency Futures Rs 0 0.005% to 0.02%
Currency Options Rs 0 0.005% to 0.02%
Commodity Futures Rs 0 0.005% to 0.02%
Commodity Options Rs 0
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Wisdom Capital Charges Vs RMoney

Minimum Brokerage Rs 0
Other Charges 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)
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Wisdom Capital Vs RMoney Transaction Charges

Wisdom Capital transaction charges for options is 0.06% (on premium) while RMoney exchange transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%).

  Wisdom Capital 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 0.0028% NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%)
Equity Options 0.06% (on premium) NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%)
Currency Futures NSE, BSE - Rs 150 per crore (0.0015%)
Currency Options NSE, BSE - Rs 7500 (on premium) per crore (0.075%)
Commodity 0.0025% MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%)
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Wisdom Capital Vs RMoney Leverage (Margin)

Wisdom Capital 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.

  Wisdom Capital 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 Wisdom Capital and RMoney Features

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

  Wisdom Capital RMoney
3 in 1 Account No No
Charting Yes Yes
Automated Trading No
SMS Alerts Yes Yes
Online Demo No Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform NEST 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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Wisdom Capital Vs RMoney Review

Wisdom Capital is rated 3.6 of 5 based on 30 customer reviews whereas RMoney is rated 3.8 of 5 based on 4 customer reviews.

  Wisdom Capital RMoney
  30 Customer Reviews    Rate Wisdom Capital 4 Customer Reviews    Rate RMoney
Fees 4.0 4.8
Brokerage 4.2 4.5
Trading Platform 3.3 4.0
Customer Service 3.4 4.0
Research Capabilities 2.8 3.0
Overall Ratings Rated 3.6 stars Rated 3.8 stars
Broker Rating Wisdom Capital is rated 3.6 of 5 based on 30 customer reviews RMoney is rated 3.8 of 5 based on 4 customer reviews
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Contact Broker / Request A Call Back

  Wisdom Capital 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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Wisdom Capital Vs RMoney Investment Options

  Wisdom Capital RMoney
Stock / Equity No Yes
Commodity Yes Yes
Currency Yes Yes
IPO No Yes
Mutual Funds No Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options Corporate FD, Life Instance, General Insurance
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Wisdom Capital Vs RMoney Order Type Offered

  Wisdom Capital RMoney
Bracket Order No Yes
Cover Order Yes 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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Wisdom Capital Vs RMoney Research Report

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

  Wisdom Capital RMoney
Casual Investor Yes
Active Investor Yes
Trader Yes
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Wisdom Capital Vs RMoney - Pros and Cons

  Wisdom Capital RMoney
Pros
  1. Trade all market segments i.e. NSE Cash, F&O, Currency and MCX Commodities with single trading terminal.
  2. Monthly unlimited trading plans available for trading at NSE, BSE and MCX.
  3. Trading Software's including website, mobile app and installable trading terminals are available for free.
  4. No minimum brokerage.
  5. They allow to trade Nifty with 3000, Crude with 3000 & Mega Gold with 9000 margins.
  6. They offers semi & fully automated Algo trading.
  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
  • Wisdom Capital doesn't offer 3-in-1 account.
  • Wisdom Capital doesn't offer facility to invest in IPO, FPO, Mutual Funds, FDs, NCDs and Offer For Sale (OFS).
  • Algo trading is available with additional charges at Rs 550/pm for semi automated trading.
  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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