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Zerodha Vs RMoney (Compare Zerodha and RMoney)

Zerodha Logo

About Zerodha
Zerodha is India's leading stockbroker. It is among the largest and most reputed brokers offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and Futures, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. Further, for Options trades, it charges Flat Rs. 20 per executed orde... Know more about Zerodha

Raghunandan Capital Pvt Ltd Logo

About RMoney
Incorporated in 2004, Raghunandan Money (RMoney) is an Gift City, Gandhinagar, Gujarat-based financial service provider. The company offers a range of financial products and services. These include Online Stock & Commodity Broking, Mutual Funds, IPO, Insurance (Life & General), Bonds, and Corporate FDRs. 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 and 4% of MCX turnover. It has ... 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
Exchnage Membership NSE, BSE, MCX and NCDEX BSE, NSE, MCX, NCDEX
Year of Incorporation 2010
Number of Branches 22
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Zerodha Vs RMoney Charges & AMC

Zerodha trading account opening charges is Rs 200 while RMoney account opening changes is Rs 0 (Free). Zerodha Demat Account AMC Charges is Rs 300 and RMoney Demat Account AMC Charges is Rs 299 (Free for first year).

  Zerodha RMoney
Trading Account Opening Charges Rs 200 Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 299 (Free for first year)
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 300 Rs 299 (Free for first year)

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Zerodha Vs RMoney Brokerage

Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas RMoney brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order.

Account Type Zerodha Flat Brokerage Plan RMoney Rs 9 Per Trade Plan
Fixed Charges NA
Equity Delivery Rs 0 (Free) Rs 9 per executed order
Equity Intraday Rs 20 per executed order or .03% whichever is lower Rs 9 per executed order
Equity Futures Rs 20 per executed order or .03% whichever is lower Rs 9 per executed order
Equity Options Rs 20 per executed order Rs 9 per executed order
Currency Futures Rs 20 per executed order or .03% whichever is lower Rs 9 per executed order
Currency Options Rs 20 per executed order Rs 9 per executed order
Commodity Futures Rs 20 per executed order or .03% whichever is lower Rs 9 per executed order
Commodity Options Rs 20 per executed order Rs 9 per executed order
Special Offer
Special Offer: Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Zerodha Vs RMoney Brokerage Plan 2

  Zerodha RMoney
Account Type Flat Brokerage Plan Rs 999 Per Month Trade Plan
Fixed Charges Rs 999
Equity Delivery Rs 0 (Free) Rs 0
Equity Intraday Rs 20 per executed order or .03% whichever is lower Rs 0
Equity Futures Rs 20 per executed order or .03% whichever is lower Rs 0
Equity Options Rs 20 per executed order Rs 0
Currency Futures Rs 20 per executed order or .03% whichever is lower Rs 0
Currency Options Rs 20 per executed order Rs 0
Commodity Futures Rs 20 per executed order or .03% whichever is lower Rs 0
Commodity Options Rs 20 per executed order Rs 0
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Zerodha Charges Vs RMoney

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

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Zerodha Vs RMoney Transaction Charges

Zerodha transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) while RMoney exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Zerodha RMoney
Equity Delivery NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Group A - Rs 260 per Cr (0.0026%) MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%)
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Zerodha Vs RMoney Leverage (Margin)

Zerodha margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the RMoney margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Zerodha RMoney
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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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 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 Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close Equity 3:15 PM
Trading In SME Shares Allowed? Yes Yes
Referral Program Yes
Other Features Direct Mutual Funds, APIs for Algo Trading
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Zerodha Vs RMoney Review

Zerodha is rated 3.7 of 5 based on 476 customer reviews whereas RMoney is rated 3.2 of 5 based on 5 customer reviews.

  Zerodha RMoney
  476 Customer Reviews    Rate Zerodha 5 Customer Reviews    Rate RMoney
Fees 3.7 4.4
Brokerage 4.2 4.2
Trading Platform 3.6 3.4
Customer Service 3.4 3.8
Research Capabilities 2.8 2.0
Overall Ratings Rated 3.7 stars Rated 3.2 stars
Broker Rating Zerodha is rated 3.7 of 5 based on 476 customer reviews RMoney is rated 3.2 of 5 based on 5 customer reviews

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Contact Broker / Request A Call Back

  Zerodha Enquire RMoney Enquire
Contact Broker Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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Zerodha Vs RMoney Investment Options

  Zerodha RMoney
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
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 No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) No 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 Yes
Active Investor Yes Yes
Trader Yes Yes

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Zerodha Vs RMoney - Pros and Cons

  Zerodha RMoney
Pros
  • India's leading broker in terms of the number of active clients, exchange volume and brokerage revenue.
  • Safe, reliable, and most technologically advance broker in India.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Excellent trading platforms (Kite) available for free.
  • Direct Mutual Fund Investment is available.
  • Good Till Triggered (GTT) orders are available. These are similar to GTC orders.
  • NRI Trading account is available.
  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
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 50 per order.
  • It does not offer a 3-in-1 account.
  • It does not offer monthly unlimited trading plans.
  • It does not offer an AMC Free Demat account.
  • No margin funding.
  1. 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.
  2. Margin funding is not available.
  3. GTC/GTD not available in Equity.
  4. NRI Account is not available.
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Promo / Offers

Zerodha Special Offer

Free stock trading and mutual funds

  • Brokerage-free share delivery trades and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment + +
  • Trade with the best trading platform in India.

This is a limited time offer. Open an instant Zerodha account online and start trading today.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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