FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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About Sharekhan
Designed for the Serious and established in 2000, Sharekhan is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (www.sharekhan.com), TradeTiger (desktop trading software), the Sharekhan app and the InvesTiger app (both available for Android and iOS devices).
Designed for serious Investors and Trader...
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 ...
Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.
Sharekhan | RMoney | |
---|---|---|
Type of Broker | Full Service Broker | Discount Broker |
Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX, NCDEX |
Year of Incorporation | 2000 | |
Number of Branches | 2800 | |
Sharekhan trading account opening charges is Rs 0 (Free) while RMoney account opening changes is Rs 0 (Free). Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and RMoney Demat Account AMC Charges is Rs 299 (Free for first year).
Sharekhan | RMoney | |
---|---|---|
Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
Trading Account AMC Charges | Rs 0 (Free) | Rs 299 (Free for first year) |
Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
Demat Account AMC Charges | Rs 400 (Free for 1st year) | Rs 299 (Free for first year) |
Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share whereas RMoney brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order.
Account Type | Sharekhan Classic Account | RMoney Rs 9 Per Trade Plan |
---|---|---|
Fixed Charges | NA | |
Equity Delivery | 0.30% on market rate or minimum 1 paisa per share | Rs 9 per executed order |
Equity Intraday | 0.02% on market rate or minimum 1 paisa per share | Rs 9 per executed order |
Equity Futures | 0.02% per transaction value | Rs 9 per executed order |
Equity Options | Rs 20 per lot | Rs 9 per executed order |
Currency Futures | 0.02% per transaction value | Rs 9 per executed order |
Currency Options | Rs 5 per lot | Rs 9 per executed order |
Commodity Futures | 0.02% | Rs 9 per executed order |
Commodity Options | Rs 20 per lot | Rs 9 per executed order |
Special Offer | 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 (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. |
Sharekhan | RMoney | |
---|---|---|
Account Type | Prepaid - Rs 1 Lakh | Rs 999 Per Month Trade Plan |
Fixed Charges | Rs 1,00,000 per year | Rs 999 |
Equity Delivery | 0.10% | Rs 0 |
Equity Intraday | 0.015% | Rs 0 |
Equity Futures | 0.015% | Rs 0 |
Equity Options | 0.05% or Rs 63 per lot | Rs 0 |
Currency Futures | Rs 0 | |
Currency Options | Rs 0 | |
Commodity Futures | Rs 0 | |
Commodity Options | Rs 0 | |
Sharekhan | RMoney | |
---|---|---|
Account Type | Margin - Rs 1 Lakh | Rs 9 Per Trade Plan |
Fixed Charges | Rs 1,00,000 margin | NA |
Equity Delivery | 0.25% | Rs 9 per executed order |
Equity Intraday | 0.05% | Rs 9 per executed order |
Equity Futures | 0.05% | Rs 9 per executed order |
Equity Options | 1% or Rs 70 per lot | Rs 9 per executed order |
Currency Futures | Rs 9 per executed order | |
Currency Options | Rs 9 per executed order | |
Commodity Futures | Rs 9 per executed order | |
Commodity Options | Rs 9 per executed order | |
Minimum Brokerage | Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share | Rs 0 |
Other Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment | |
Call & Trade Charges | Rs 20 | Rs 0 (Unlimited Calls) |
Sharekhan transaction charges for options is NSE Rs 5050 per Cr (0.0505%) (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).
Sharekhan | RMoney | |
---|---|---|
Equity Delivery | NSE Rs 325 per Cr (0.00325%) | 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 200 per Cr (0.002%) | BSE Rs 0 | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 |
Equity Options | NSE Rs 5050 per Cr (0.0505%) (on premium) | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) |
Currency Futures | NSE Rs 95 per Cr (0.00095%) | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) |
Currency Options | NSE Rs 3700 per Cr (0.037%) (on premium) | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Commodity | Futures: 0.0026% (MCX) | Black Pepper: Rs. 0.05 Castor Seed: Rs 0.5 Kapas: Rs 0.5, Options: 0.05% | MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%) |
Sharekhan 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.
Sharekhan | 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) |
The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.
Sharekhan | RMoney | |
---|---|---|
3 in 1 Account | ||
Charting | ||
Automated Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding | ||
Margin Against Shares (Equity Cash) | ||
Margin Against Shares (Equity F&O) | ||
Trading Platform | TradeTiger, Sharekhan Mobile | RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) |
Intraday Square-off Time | 3:30 PM | Equity 3:15 PM |
Trading In SME Shares Allowed? | ||
Referral Program | ||
Other Features | Pattern finder, Class room training | |
Sharekhan is rated 3.3 of 5 based on 312 customer reviews whereas RMoney is rated 3.2 of 5 based on 5 customer reviews.
Sharekhan Enquire | RMoney Enquire | |
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Contact Broker | 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. | 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. |
Sharekhan | RMoney | |
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Stock / Equity | ||
Commodity | ||
Currency | ||
IPO | ||
Mutual Funds | ||
Bond / NCD | ||
Debt | ||
Other Investment Options | Loans, NRI Trading | Corporate FD, Life Instance, General Insurance |
Sharekhan | RMoney | |
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Bracket Order | ||
Cover Order | ||
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) | ||
Sharekhan | RMoney | |
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Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
Sharekhan | RMoney | |
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Casual Investor | ||
Active Investor | ||
Trader |
Sharekhan | RMoney | |
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Reviews | Useful Articles: | |
Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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