Zerodha Vs RMoney (Compare Zerodha and RMoney)

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


Zerodha
Zerodha is India's largest and most popular stock broker. It offers online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds. Zerodha charges ₹0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat ₹20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is ₹20 for an order (of any size, amount or segment). Zerodha Review 2020 Zero... Know more about Zerodha


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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Zerodha Vs RMoney

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  Zerodha RMoney
Type of Broker Discount Broker Discount Broker
Supported Exchnages NSE, BSE, MCX and NCDEX BSE, NSE, MCX, NCDEX
Account Type Flat Brokerage Plan Zero Brokerage Plans
Year of Incorporation 2010
Number of Branches 22
Broker Enquiry Open an Online Trading Account with Zerodha. 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.
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Zerodha Vs RMoney Charges & AMC

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

  Zerodha RMoney
Trading Account Opening Charges ₹200 ₹199
Trading Account AMC Charges ₹0 (Free) ₹0 (Free)
Demat Account Opening Charges ₹0 ₹0 (Free)
Demat Account AMC Charges ₹300 ₹0 for lifetime (Free)
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Zerodha Vs RMoney Brokerage Charges & Plans

Zerodha Vs RMoney Brokerage

Zerodha brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order or .03% whichever is lower whereas RMoney brokerage charges for equity is ₹0 (Free) and intraday is ₹18 per executed order or .01% whichever is lower.

  Zerodha RMoney
Account Type Flat Brokerage Plan Zero Brokerage Plans
Fixed Charges
Equity Delivery Brokerage ₹0 (Free) ₹0 (Free)
Equity Intraday Brokerage ₹20 per executed order or .03% whichever is lower ₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage ₹20 per executed order or .03% whichever is lower ₹18 per executed order or .01% whichever is lower
Equity Options Brokerage ₹20 per executed order ₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower ₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹20 per executed order or .03% whichever is lower ₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower ₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage ₹20 per executed order or .03% whichever is lower
Special Offer
Special Offer: Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer
Special Offer: RMoney ₹0 Account Opening Fee + ₹0 Demat AMC (for Life) + Free Call & Trade Get the offer

Zerodha Vs RMoney Brokerage Plan 2

  Zerodha RMoney
Account Type Flat Brokerage Plan Happy Service Plan
Fixed Charges NA
Equity Delivery Brokerage ₹0 (Free) 0.10% to 0.40%
Equity Intraday Brokerage ₹20 per executed order or .03% whichever is lower 0.01% to 0.04%
Equity Futures Brokerage ₹20 per executed order or .03% whichever is lower 0.005% to 0.02%
Equity Options Brokerage ₹20 per executed order ₹20 to ₹80 per lot
Currency Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower 0.005% to 0.02%
Currency Options Trading Brokerage ₹20 per executed order or .03% whichever is lower 0.005% to 0.02%
Commodity Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower 0.005% to 0.02%
Commodity Options Trading Brokerage ₹20 per executed order or .03% whichever is lower
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Zerodha Charges Vs RMoney

Minimum Brokerage Charges 0.03% in Intraday and F&O ₹0
Other Brokerage Charges Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment
Call & Trade Charges ₹50 per executed order ₹0 (Unlimited Calls)
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Zerodha Vs RMoney Transaction Charges

Zerodha transaction charges for options is NSE ₹5000 per Cr (0.05%) (on premium) while RMoney exchange transaction charges for options is NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%).

  Zerodha RMoney
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side) NSE ₹325 per crore | BSE ₹275 per crore (0.00275%)
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side) NSE ₹325 per crore | BSE ₹275 per crore (0.00275%
Equity Futures NSE ₹190 per Cr (0.0019%) NSE ₹250 per crore | BSE ₹110 per crore (0.0011%)
Equity Options NSE ₹5000 per Cr (0.05%) (on premium) NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%)
Currency Futures NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%) NSE, BSE - ₹150 per crore (0.0015%)
Currency Options NSE ₹3500 per Cr (0.035%) | BSE ₹100 per Cr (0.001%) (on premium) NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity Group A - ₹260 per Cr (0.0026%) MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%)
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Zerodha Vs RMoney Leverage (Margin)

Zerodha provides the margin of Up to 20x (based on the stock) for intraday trades whereas the RMoney margin for intraday cash is 20x (5%) (Intraday Only).

  Zerodha RMoney
Equity Delivery 1x (no margin) Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5)
Equity Intraday Up to 20x (based on the stock) 20x (5%) (Intraday Only)
Equity Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%)
Equity Options Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin
Currency Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday - 100X (1%)
Currency Options Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday - 100X (1%)
Commodity Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span Intraday - 77X (1.3%)
Commodity Options
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Compare Zerodha and RMoney Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.

  Zerodha 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 Kite Web, Kite Mobile for Android/iOS and Coin RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time 3:10 PM Equity 3:15 PM
Other Features Direct Mutual Funds, APIs for Algo Trading
Referral Program Yes
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Zerodha Vs RMoney Review

Zerodha is rated 3.7 of 5 based on 392 customer reviews whereas RMoney is rated 4.0 of 5 based on 3 customer reviews.

  Zerodha RMoney
  392 Customer Reviews    Rate Zerodha 3 Customer Reviews    Rate RMoney
Fees 3.8 4.7
Trading Brokerage 4.3 4.7
Trading Platform Usability 3.6 4.3
Customer Service 3.4 4.0
Research Capabilities 2.6
Overall Ratings Rated 3.7 stars Rated 4.0 stars
Broker Rating Zerodha is rated 3.7 of 5 based on 392 customer reviews RMoney is rated 4.0 of 5 based on 3 customer reviews
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Contact Broker / Request A Call Back

  Zerodha Enquire RMoney Enquire
Contact Broker

Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

RMoney ₹0 Account Opening Fee + ₹0 Demat AMC (for Life) + Free Call & Trade Get the offer

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Zerodha Vs RMoney Investment Options

  Zerodha RMoney
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options Corporate FD, Life Instance, General Insurance
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Zerodha Vs RMoney Order Type Offered

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

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

  Zerodha RMoney
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes
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Zerodha Vs RMoney - Pros and Cons

  Zerodha RMoney
Pros
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Excellent trading platforms (Kite) available for free.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Brokerage is 0.03% or ₹20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
  • Direct Mutual Fund Investment is available.
  • Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX.
  • Zerodha Referral Program offers 10% broekrage share to clients you refer.
  • Good Till Triggered (GTT) order are available. These are simillar to GTC orders.
  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
  • Doesn't provide stock tips, research reports or recommendations.
  • Call & Trade is charged at extra ₹50 order.
  • Auto Square off is charged at extra ₹50 order.
  • Doesn't offer 3-in-1 account.
  • Doesn't offer unlimited trading plans.
  • Doesn't offer AMC Free Demat account.
  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

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.

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.

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