FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
About Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms.
Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix.
Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo...
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 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.
Upstox | RMoney | |
---|---|---|
Type of Broker | Discount Broker | Discount Broker |
Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX, NCDEX |
Year of Incorporation | 2012 | |
Number of Branches | 4 | |
Open Upstox Account |
Upstox trading account opening charges is Rs 0 (Free) while RMoney account opening changes is Rs 0 (Free). Upstox Demat Account AMC Charges is Rs 150 and RMoney Demat Account AMC Charges is Rs 299 (Free for first year).
Upstox | 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 150 | Rs 299 (Free for first year) |
Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% 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 | Upstox Default | RMoney Rs 9 Per Trade Plan |
---|---|---|
Fixed Charges | NA | NA |
Equity Delivery | Rs 20 per executed order or 2.5% whichever is low | Rs 9 per executed order |
Equity Intraday | Rs 20 per executed order or 0.05% whichever is lower | Rs 9 per executed order |
Equity Futures | Rs 20 per executed order or 0.05% 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 0.05% 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 0.05% whichever is lower | Rs 9 per executed order |
Commodity Options | Rs 20 per executed order | Rs 9 per executed order |
Special Offer | Special Offer: Pay flat Rs 20 per trade for delivery, 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. |
Upstox | RMoney | |
---|---|---|
Account Type | Default | Rs 999 Per Month Trade Plan |
Fixed Charges | NA | Rs 999 |
Equity Delivery | Rs 20 per executed order or 2.5% whichever is low | Rs 0 |
Equity Intraday | Rs 20 per executed order or 0.05% whichever is lower | Rs 0 |
Equity Futures | Rs 20 per executed order or 0.05% whichever is lower | Rs 0 |
Equity Options | Rs 20 per executed order | Rs 0 |
Currency Futures | Rs 20 per executed order or 0.05% whichever is lower | Rs 0 |
Currency Options | Rs 20 per executed order | Rs 0 |
Commodity Futures | Rs 20 per executed order or 0.05% whichever is lower | Rs 0 |
Commodity Options | Rs 20 per executed order | Rs 0 |
Open Upstox Account |
Minimum Brokerage | 0.05% | Rs 0 |
Other Charges | Auto Square-off Charges: Rs 50 | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment |
Call & Trade Charges | Rs 20 per trade | Rs 0 (Unlimited Calls) |
Upstox transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (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).
Upstox | 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 325 per Cr (0.00325%) | 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 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (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 22 per Cr (0.00022%) | 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 290 per Cr (0.0029%) | MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%) |
Open Upstox Account |
Upstox 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.
Upstox | 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) |
Open Upstox Account |
The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.
Upstox | 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 | Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola | RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) |
Intraday Square-off Time | 3:00 PM | Equity 3:15 PM |
Trading In SME Shares Allowed? | ||
Referral Program | ||
Other Features | Option strategy builder | |
Open Upstox Account |
Upstox is rated 2.4 of 5 based on 145 customer reviews whereas RMoney is rated 3.2 of 5 based on 5 customer reviews.
Upstox Enquire | RMoney Enquire | |
---|---|---|
Contact Broker | Pay flat Rs 20 per trade for delivery, 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. |
Upstox | RMoney | |
---|---|---|
Stock / Equity | ||
Commodity | ||
Currency | ||
IPO | ||
Mutual Funds | ||
Bond / NCD | ||
Debt | ||
Other Investment Options | Corporate FD, Life Instance, General Insurance |
Upstox | RMoney | |
---|---|---|
Bracket Order | ||
Cover Order | ||
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) | ||
Open Upstox Account |
Upstox | RMoney | |
---|---|---|
Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
Upstox | RMoney | |
---|---|---|
Pros |
|
|
Cons |
|
|
Reviews | Useful Articles: | |
Promo / Offers | Upstox Special OfferExclusive offer by Upstox
It is a limited-time offer. Open Instant Account and start trading the same day. |
Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
|
Open Upstox Account |
Add a public comment...
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|