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Zerodha Vs RMoney (Compare Zerodha and RMoney)

The side-by-side comparison of Zerodha and RMoney. Compare Zerodha Vs RMoney brokerage, charges, exposure margin, demat account. Read RMoney and Zerodha review.

Find out Zerodha Vs RMoney which is better and Zerodha Vs RMoney which is best.

Our Zerodha comparison with Raghunandan Capital Pvt Ltd highlights the major differences between two brokers. Find the best between Zerodha and RMoney.

Zerodha Vs RMoney

	Zerodha	Raghunandan Capital Pvt Ltd
	Zerodha Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	RMoney Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

About the Broker	Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or Rs 20 per executed...	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	Discount Broker	Discount Broker
Supported Exchnage	NSE, BSE, MCX and NCDEX	BSE, NSE, MCX, NCDEX
Account Type	Standard Plan	Zero Brokerage Plans
Broker Enquiry
Year of Incorporation	2010
Number of Branches	22

Zerodha Vs RMoney Charges

	Zerodha	Raghunandan Capital Pvt Ltd
Trading Account Opening Fees	₹200	₹0 (Free)
Trading Account AMC	₹0 (Free)	₹0 (Free)
Demat Account Opening Fees	₹100	₹0 (Free)
Demat Account AMC	₹300	₹0 for lifetime (Free)
Demat Account is Mandatory?	No	No

Zerodha Vs RMoney Brokerage

Brokerage Plan 1

	Zerodha	Raghunandan Capital Pvt Ltd
Account Type	Standard Plan	Zero Brokerage Plans
Fixed Charges
Equity Delivery Brokerage	₹0 (Free)	₹0 (Free)
Equity Intraday Brokerage	₹20 per executed order or .01% whichever is lower	₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage	₹20 per executed order or .01% whichever is lower	₹18 per executed order or .01% whichever is lower
Equity Options Brokerage	₹20 per executed order or .01% whichever is lower	₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage	₹20 per executed order or .01% whichever is lower	₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage	₹20 per executed order or .01% whichever is lower	₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage	₹20 per executed order or .01% whichever is lower	₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage	₹20 per executed order or .01% whichever is lower

Brokerage Plan 2

	Zerodha	Raghunandan Capital Pvt Ltd
Account Type	Standard 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 .01% whichever is lower	0.01% to 0.04%
Equity Futures Brokerage	₹20 per executed order or .01% whichever is lower	0.005% to 0.02%
Equity Options Brokerage	₹20 per executed order or .01% whichever is lower	₹20 to ₹80 per lot
Currency Futures Trading Brokerage	₹20 per executed order or .01% whichever is lower	0.005% to 0.02%
Currency Options Trading Brokerage	₹20 per executed order or .01% whichever is lower	0.005% to 0.02%
Commodity Futures Trading Brokerage	₹20 per executed order or .01% whichever is lower	0.005% to 0.02%
Commodity Options Trading Brokerage	₹20 per executed order or .01% whichever is lower

Other Charges

Minimum Brokerage Charges	₹0	₹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	₹20 per executed order	₹0 (Unlimited Calls)

Zerodha Vs RMoney Taxes

	Zerodha	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.

Zerodha Vs RMoney Transaction Charges

	Zerodha	Raghunandan Capital Pvt Ltd
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%) \| BSE ₹300 per Cr (0.003%) (each side)	NSE ₹250 per crore \| BSE ₹110 per crore (0.0011%)
Equity Options	NSE ₹5000 per Cr (0.05%) \| BSE ₹300 per Cr (0.003%) (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 ₹4000 per Cr (0.04%) \| 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%)

Zerodha Vs RMoney Exposure Margin

	Zerodha	Raghunandan Capital Pvt Ltd
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

Zerodha and RMoney Feature Comparison

	Zerodha	Raghunandan Capital Pvt Ltd
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	Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile	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
Referral Program

Zerodha Vs RMoney Review

	Zerodha	Raghunandan Capital Pvt Ltd
	348 Customer Reviews	3 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	Zerodha is Rated 3.8 / 5 based on 348 customer reviews	RMoney is Rated 4.0 / 5 based on 3 customer reviews

Contact Broker / Request A Call Back

	Zerodha	Raghunandan Capital Pvt Ltd
Contact / Request Call Back	Name Phone Number Email City Name State Are you a day trader?

Zerodha Vs RMoney Investment Options

	Zerodha	Raghunandan Capital Pvt Ltd
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Corporate FD, Life Instance, General Insurance

Zerodha Vs RMoney Customer Service

	Zerodha	Raghunandan Capital Pvt Ltd
24/7 Customer Service
Onine Live Chat
Through Branches

Zerodha Vs RMoney Order Type Offered

	Zerodha	Raghunandan Capital Pvt Ltd
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Zerodha Vs RMoney Research Report

	Zerodha	Raghunandan Capital Pvt Ltd
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Zerodha Vs RMoney Suitable For Investor Type

	Zerodha	Raghunandan Capital Pvt Ltd
Casual Investor
Active Investor
Trader

Zerodha Vs RMoney - Advantages and Disadvantages

Zerodha

Raghunandan Capital Pvt Ltd

Pros

Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
Excellent trading platforms made available for free to all its customers.
Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
10% referral credit for reffering new customers.
Direct Mutual Fund Investment is available.
Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX.

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

Doesn't provide stock tips, research reports or recommendations.
Call & Trade is charged at extra Rs 20 order.
Doesn't provide options to invest in IPO, Bond and NCD's public offers.
Margin funding is not available.
GTC/GTD not available in Equity.

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

Useful Articles:

Flat Fee Stock Trading Broker in India

Promo / Offers

Truly 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.

Enquire about Zerodha

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