Top Stock Advisory
Rudra Shares vs. Beeline Broking
All stockbrokers charge you a fee for carrying out trading transactions. They charge you different fees for different asset classes. So, to maximize your returns and best trading experience, you need to choose the best stock broker.
Among the best stockbrokers in India, two top names are Rudra Shares and Beeline Broking. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Rudra Shares and Beeline Broking.
Overview
Rudra Shares are Beeline Broking both private companies and Rudra Shares operates as a full service Broker, while Beeline Broking functions as a discount broker. Siddhartha Bansal co-founded Rudra Shares in 2008. And Beeline Broking was founded in the year 2004 by Vanesh Panchal & Pradeep Sandhir. Rudra Shares's headquarters are in New Delhi and Beeline Broking's headquarters are in Ahmedabad, Gujarat.
Rudra Shares operates as a full service Broker, while Beeline Broking functions as a discount broker. Rudra Shares is registered in NA, while Beeline Broking is registered in BSE, NSE, MCX, NCDEX. The total branches of Rudra Shares are Nil and the Beeline Broking branches are Nil.
| Overview | Rudra Shares | Beeline Broking |
|---|---|---|
| Broker Type | Full Service Broker | Discount Broker |
| Type of company | Private | Private |
| Headquarter | New Delhi | Ahmedabad, Gujarat |
| Founders | Siddhartha Bansal | Vanesh Panchal & Pradeep Sandhir |
| Foundation Year | 2008 | 2004 |
| Supported Exchanges | NA | BSE, NSE, MCX, NCDEX |
| Total branches | Nil | Nil |
Rudra Shares and Beeline Broking Trading Account Opening and Demat Charges
A dematerialization account, also known as a Demat account keeps the securities in an electronic form that are deposited with National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL).
Account opening fees for various brokers range from 0 to Rs.200, with Rudra Shares charging Zero and Beeline Broking charging Rs.876.
When you open a Demat account, you must pay specific fees such as account maintenance fees, broker commissions, GST, and STT. When you open a Demat account, you must pay specific fees such as account maintenance charges, broker commissions, GST, and STT. So, account maintenance charges (AMC) for the Rudra Shares Demat account is Rs.299 per Annum and for the Beeline Broking Demat account is Free. The Trading AMC for Rudra Shares and Beeline Broking is free. And the margin money for both brokers is also zero.
As we know that NSDL and CDSL are the two depositories in India registered by Indian Government which holds various securities in electronic form like stocks, bonds, etc. So, the depository for both Rudra Shares and Beeline Broking is CDSL.
| Account Opening and Demat Charges | Rudra Shares | Beeline Broking |
|---|---|---|
| Trading Account Opening Charges | Zero | Rs.876 |
| Demat AMC (Annual Maintenance Charges) | Rs.299 per Annum | Free |
| Trading AMC (Annual Maintenance Charges) | Free | Free |
| Margin Money | Minimum Rs.10,000 | Zero Margin |
| Offline to Online Charges | Yes | Yes |
| Depository | CDSL & NSDL | CDSL & NSDL |
Rudra Shares and Beeline Broking Equity Brokerage Charges
There are more charges that a broker charges for equity transactions.
Equity delivery charges: This means holding the stocks for a certain period of time and selling it when you make a profit. Different brokers charge different rates on Equity Delivery. The Equity Delivery charges for Rudra Shares is 0.10%, while Beeline Broking charges you Rs.18 per executed order.
Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Rudra Shares is 0.01% and for Beeline Broking also, it is Rs.18 per executed order.
Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Rudra Shares charge 0.01% and Beeline Broking charge Rs.18 per executed order for equity futures.
Equity Options: These are contracts that allow an investor to buy or sell equities at a predetermined or strike price, (1 contract=100 shares). For equity options, Rudra Shares charges Rs.15 per Lot, and Beeline Broking charges Rs.18 per executed order.
| Equity Brokerage Charges | Rudra Shares | Beeline Broking |
|---|---|---|
| Equity Delivery Brokerage | 0.10% | Rs.18 per executed order |
| Equity Intraday Brokerage | 0.01% | Rs.18 per executed order |
| Equity Futures Brokerage | 0.01% | Rs.18 per executed order |
| Equity Options Brokerage | Rs.15 per Lot | Rs.18 per executed order |
Rudra Shares and Beeline Broking Currency Brokerage Charges
Currency trading is also known as forex trading, which is used to buy and sell currency pairs. Most brokers offer this trading service.
Currency Future: It is also known as Foreign exchange futures. It is a type of contract where buying and selling of currencies is done on a future date at a fixed price. The Currency Futures Brokerage for Rudra Shares is 0.01% and for Beeline Broking is Rs.18 per executed order.
Currency Options: A currency option, like an equity option, is a contract that allows a buyer the right (but not the responsibility) to purchase or sell a specified currency at a fixed exchange rate on or before a particular date. Rudra Shares charges Rs.10 per Lot for currency options, whereas Rudra Shares charges Rs.18 per executed order.
| Currency Brokerage Charges | Rudra Shares | Beeline Broking |
|---|---|---|
| Currency Futures Brokerage | 0.01% | Rs.18 per executed order |
| Currency Options Brokerage | Rs.10 per Lot | Rs.18 per executed order |
Rudra Shares and Beeline Broking Commodity Brokerage Charges
Commodity Trading: Commodity trading involves the purchase and sale of various commodities such as gold, silver, agriculture, and energy, as well as their derivative products. Rudra Shares charges 0.01% for commodity trading, while Beeline Broking charges Rs.18 per executed order.
| Commodity Brokerage Charges | Rudra Shares | Beeline Broking |
|---|---|---|
| Commodity Options Brokerage | 0.01% | Rs.18 per executed order |
Rudra Shares and Beeline Broking Other Charges
Here are some other broker charges that should know about -
Minimum Broker Charges: Rudra Shares levies a minimum brokerage fee of Percentage of Transaction, while Beeline Broking charges Rs.18 brokerage fee.
Transaction Brokerage Charges: Rudra Shares levies a transaction brokerage charge of 0.00315%, while Beeline Broking charges 0.00285%.
SEBI Turnover Charges: Securities and Exchange Board of India (SEBI) is the market regularly and monitors fair trade practices. They also charge a small fee known as the SEBI Turnover fee. So, the SEBI Turnover charges for Rudra Shares is 0.0002% of Total Turnover and for Rudra Shares is 0.0002% of Total Turnover.
Stamp Duty Charges: This fee is charged as per the state and asset class.
GST Charges (Goods and Services Tax): GST of 18% is charged (brokerage and transaction charges)
STT (Securities Transaction Tax): The STT charges for Rudra Shares are 0.0126% of Total Turnover, while for Beeline Broking, they are 0.0126% of selling value.
Call and Trade Charges: This charge varies for different brokers. Rudra Shares charges NA and Beeline Broking charges Rs 20 per executed order.
| Other Brokerage Charges | Rudra Shares | Beeline Broking |
|---|---|---|
| Minimum Brokerage Charges | Percentage of Transaction | Rs.18 | Transaction Brokerage Charges | 0.00315% | 0.00285% | SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0002% of Total Turnover | Stamp Duty Charges | As per the state | As per the state | GST Charges | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) | STT Charges | 0.0126% of Total Turnover | 0.0126% of selling value | Call and Trade Charges | NA | Rs 20 per executed order |
Rudra Shares and Beeline Broking Equity Exposure/Leverage
With the leverage, you can trade for a much higher amount than you actually pay for it. It means to borrow money for buying securities. For example, if you want to buy stocks for Rs. 5,00,000, but have only funds of Rs. 2,00,000. Then, you can get the remaining 3,00,000 Rs. from the broker by paying them some margin amount.
Equity Delivery: Leverage provided for Equity Delivery by Rudra Shares is up to Upto 2x and by Beeline Broking it is up to Upto 3x.
Equity Intraday: Leverage for equity intraday by Rudra Shares is up to Upto 5x and by Beeline Broking it is up to Upto 10x.
Equity Futures: Leverage for Equity Futures by Rudra Shares is up to Upto 2x and by Beeline Broking it is up to Upto 5x.
Equity Options: Leverage for Equity Options by Rudra Shares is up to Upto 2x and by Beeline Broking also, it is up to Upto 5x.
| Equity Leverage | Rudra Shares | Beeline Broking |
|---|---|---|
| Equity Delivery | Upto 2x | Upto 3x | Equity Intraday | Upto 5x | Upto 10x | Equity Futures | Upto 2x | Upto 5x | Equity Options | Upto 2x | Upto 5x |
Rudra Shares and Beeline Broking Currency Leverage
The currency futures leverage provided by Rudra Shares is up to Upto 3x, while for Beeline Broking it is up to Upto 4x.
The currency options leverage provided by Rudra Shares is up to Upto 2x, while for Beeline Broking it is up to Upto 4x.
| Currency Leverage | Rudra Shares | Beeline Broking |
|---|---|---|
| Currency Futures | Upto 3x | Upto 4x | Currency Options | Upto 2x | Upto 4x |
Rudra Shares and Beeline Broking Commodity Leverage
The commodity leverage provided by Rudra Shares is up to Upto 3x, while for Beeline Broking it is up to Upto 4x.
| Commodity Leverage | Rudra Shares | Beeline Broking |
|---|---|---|
| Commodity | Upto 3x | Upto 4x |
Rudra Shares and Beeline Broking Offers
Brokers offer various exciting offers to entice new customers. Here are some of them:
Free Stock Trading and Demat Accounts: many brokers offer new investors to open an account free to cost and start trading straight away with them.
Flexible Plans: attractive plans at an economical price such as ProStocks monthly plan targeting equity cash and currency F&O at Rs.899 and Rs.499, respectively.
Brokerage Discounts: Coupons providing up to 50% discount at their rates.
Happy Hours: A specific time slot where the trades/customers get broker's services at a discount.
1-month Free Plan: where brokers provide free delivery trading such as OneTradePlus.
Holiday Offers: brokers are providing their services at a discounted rate on special events such as Diwali.
Referral Program: brokers provide a discount when your family or friends sign up with the broker using your referral code.
Zero Brokerage on Loss Trade: complete refund of money on unsuccessful trades.
| Offers | Rudra Shares | Beeline Broking |
|---|---|---|
| Free Stock Trading Account | Yes | Yes | Free Demat Account | Yes | No | Flexible Plans | Yes | Yes | Brokerage Discounts | Yes | Yes | Happy Hours | No | No | 1 Month Free Plan | No | No | Holiday Offers | No | No | Referral Program | No | Yes | Zero Brokerage on Loss Trades | No | No |
Rudra Shares and Beeline Broking Features
Equity Trading: Rudra Shares and Beeline Broking brokers are among the top brokers in India. They provide you with various trading options like Equity Delivery, Equity Intraday and Equity Futures and Options trading.
Currency and Commodity Trading: Rudra Shares and Beeline Broking also offer you to trade in currency and commodities.
Initial Public Offering (IPOs): One of the greatest advantages of Rudra Shares and Beeline Broking broker is that you can also invest in IPOs. Rudra Shares also has an added advantage that they provide you with robo-advisory services as well.
Trading Exposure: Different brokers provide different trading exposures. Rudra Shares offers trading exposure of up to Upto 5x, while Beeline Broking gives up to Upto 10x.
Mutual Funds: Investing in mutual funds is a great option to grow your wealth and many brokers offer the option to invest on that. With Rudra Shares and Beeline Broking, you can invest in mutual funds through SIP and Lumpsum.
Forex Trading: With Forex Trading, you can trade in various international currencies. Rudra Shares and Beeline Broking also allow you to trade in forex trading.
| Features | Rudra Shares | Beeline Broking |
|---|---|---|
| Equity Delivery Trading | Yes | Yes | Equity Intraday Trading | Yes | Yes | Equity Futures Trading | Yes | Yes | Equity Options Trading | Yes | Yes | Currency Trading | Yes | Yes |
| Commodity Trading | Yes | Yes | IPO (Initial public offering) | Yes | Yes | Stocks Suggestions | No | No | Robo Advisory | No | No | PMS (Portfolio Management Services) | No | No |
| Trading Institution | No | No | Trading Exposure | Upto 5x | Upto 10x | Mutual Funds | Yes | Yes | SIP (Systematic Investment Plan) | Yes | Yes | Forex Trading | No | No | Banking | No | No | Insurance | Yes | No |
Rudra Shares and Beeline Broking Advisory Services
Discount brokers and full-service brokers offer different services. Here are some of the top advisory services offered by brokers-
Fundamental Reports: These are the reports that analyse a company's financial statements and help investors and financial analysts make decisions about a company's present financial status.
Research Reports: Many broker companies have in-house research teams which are experienced and help people to give research reports on various securities like stocks, currency, mutual funds, etc. Rudra Shares and Beeline Broking offer you in-depth research reports.
Company Reports: These are detailed and easy-to-understand reports on the company's measures throughout the year, month, or week.
Relationship Manager: Full-service broker gives a dedicated relationship manager, who will clear all your trading queries and help you throughout your trading journey.
Other Services: Many brokers provide more services depending upon the brokerage price like Company Stock Reviews, Free Stock Tips, IPO Reports, Top Picks, Daily Market Reviews, Monthly Reports, Weekly Reports and Offline Advisory.
| Advisory Services | Rudra Shares | Beeline Broking |
|---|---|---|
| Fundamental Reports | No | No |
| Research Reports | Yes | No |
| Company Reports | No | No |
| Annual Reports | No | No |
| Company Stock Review | No | No |
| Free Stock Tips | Yes | Yes |
| IPO Reports | Yes | No |
| Top Picks | Yes | Yes |
| Daily Market Review | Yes | No |
| Monthly Reports | Yes | No |
| Weekly reports | Yes | No |
| Offline Advisory | Yes | No |
| Relationship Manager | Yes | No |
Rudra Shares and Beeline Broking Desktop Trading Platforms
A trader can utilise multiple trading platforms to trade in stocks, commodities, etc. A good and advanced trading platform can make your trading easier and result in profit maximization. Rudra Shares and Beeline Broking offer a Desktop Trading Platform with advanced tools, interactive charts, and quick buying and selling of securities. Their trading platforms can be used in Windows, Mac and Desktop browsers as well.
| Desktop Trading Platforms | Rudra Shares | Beeline Broking |
|---|---|---|
| Windows | Yes | Yes |
| Mac | Yes | Yes |
| Desktop Browser | Yes | Yes |
Rudra Shares and Beeline Broking Mobile Trading Platforms
Rudra Shares and Beeline Broking offer you mobile trading platforms which can be used in iOS and Android applications.
| Mobile Trading Platforms | Rudra Shares | Beeline Broking |
|---|---|---|
| Mobile Browser | Yes | Yes |
| Android App | Yes | No |
| iOS App | Yes | No |
| Windows App | No | No |
| Other mobile os | No | No |
Rudra Shares and Beeline Broking Customer Support
Customer service is a critical aspect in converting a new customer into a loyal and long-term customer. Because the trading market moves quickly, an investor requires appropriate customer assistance from their brokers. Rudra Shares and Beeline Broking give good customer support and service to their clients. They help you in online trading through chat support, e-mail support and call support.
| Customer Support Features | Rudra Shares | Beeline Broking |
|---|---|---|
| Relationship Manager | Yes | No |
| Offline Trading | Yes | No |
| Online Trading | Yes | Yes |
| 24 * 7 Support | No | No |
| Email Support | Yes | Yes |
| Chat Support | No | No |
| Toll free number | No | No |
| Support Branches | 480 | 0 |
Rudra Shares and Beeline Broking Customer Complaints
The BSE and NSE actively accept and handle complaints to maintain a stringent check and balance on fair-trade opportunities. Investors can file complaints about brokers or companies in case of any unfair trade practices. BSE and NSE make sure to resolve your complaints within a certain time. Check out the table below for Rudra Shares and Beeline Broking registered and resolved complaints.
For Rudra Shares, the Percentage of resolved BSE complaints is NaN % and the Percentage of resolved NSE complaints is 100.00 %.
For Beeline Broking, the Percentage of resolved BSE complaints is 91.30% and the Percentage of resolved NSE complaints is 85.71 %.
We can say that Rudra Shares is better than Beeline Broking in case of resolving customer complaints.
| BSE Complaints | Rudra Shares | Beeline Broking |
|---|---|---|
| BSE Complaints | 0 | 23 |
| BSE Resolved Complaints | 0 | 21 |
| Percentage of resolved BSE complaints | NaN % | 91.30% |
| NSE Complaints | 1 | 35 |
| NSE Resolved Complaints | 1 | 30 |
| Percentage of resolved NSE complaints | 100.00 % | 85.71 % |
| BSE/NSE Complaint vs. Resolved Percentage | NaN % | 88.51 % |
Frequently Asked Questions
Is Rudra Shares better than Beeline Broking?
Rudra Shares is a full service broker and Beeline Broking is a discount broker. You need to look for brokerage charges, account opening fees, trading platforms, etc. to determine which one is better.
Is Beeline Broking better than Rudra Shares?
Beeline Broking is a discount broker and Rudra Shares is a full service broker. As a result, we must examine features such as brokerage costs, account opening fees, trading platforms, and more to determine which of them is a better stockbroker.
Which is cheaper between Rudra Shares and Beeline Broking?
Being a full-service broker, Rudra Shares tends to have higher brokerage charges, while Beeline Broking, being a discount broker, offers comparatively cheaper rates. In general, the brokerage fees for both of them will be relatively similar. Examine the brokerage fees in-depth to determine the less expensive broker for your requirements.
Which is better, Rudra Shares and Beeline Broking?
To figure out which of the two stockbrokers, Rudra Shares and Beeline Broking, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.
Compare Rudra Shares with other stock brokers
Visit the following pages to see a detailed comparision report of Rudra Shares with other brokerage firms.
Compare Beeline Broking with other stock brokers
Visit the following pages to see a detailed comparision report of Beeline Broking with other brokerage firms.