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Motilal Oswal Vs Monarch Networth: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Motilal Oswal ranges between 0.02 to 0.20% while the brokerage of Monarch Networth ranges between 0.03% to 0.30%. Both the brokers are Full Service brokers. Motilal Oswal is having overall higher rating compare to Monarch Networth. Motilal Oswal is rated 4 out of 5 where Monarch Networth is rated only 3 out of 5. Number of active customer for Motilal Oswal is 8,74,230 where number of active customer for Monarch Networth is 58,113. Motilal Oswal is serving more customer compare to Monarch Networth.

Here we present side-by-side comparison of Motilal Oswal vs Monarch Networth share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Motilal Oswal vs Monarch Networth's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Motilal Oswal vs Monarch Networth share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Motilal Oswal vs Monarch Networth's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Motilal Oswal vs Monarch Networth on Service

  Motilal Oswal Compare
Motilal Oswal
Monarch Networth Compare
Monarch Networth
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 8,74,230 58,113
Broker Overview Extensive range of asset classes, award-winning research, personalized advisory services, great customer service, and dedicated MO Trader and MO Investor app are the key reasons that make Motilal Oswal an excellent broker for traders and investors. Free Demat Account opening, flexible brokerage plans, an array of online trading platforms, and free equity, commodity, & currency research make Monarch Networth a recommended broker in the list.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Motilal Oswal vs Monarch Networth on Trading & Demat Account Opening Charges

Comparison of Motilal Oswal with Monarch Networth on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Motilal Oswal charges Rs 400 per annum [Free for 1st year] AMC for Demat account where Monarch Networth charges Rs 225 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Motilal Oswal with Monarch Networth
Charges Motilal Oswal Monarch Networth
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 per annum [Free for 1st year] Rs 225 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Motilal Oswal vs Monarch Networth on Plan Options

Plans are the most important feature you look when compare Motilal Oswal with Monarch Networth. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Motilal Oswal with Monarch Networth on Plan Options
Plan Types Motilal Oswal Monarch Networth
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

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Brokerage Charges

Compare Motilal Oswal vs Monarch Networth on Brokerage Charges

Motilal Oswal Brokerage Plan detail - The default brokerage plan charges a fixed percentage of brokerage on trading in stocks, derivatives, commodities, and currency segments.

Monarch Networth Brokerage Plan detail - This is a standard plan by Networth Direct. This is a % based brokerage plan that charges a fixed fee of 0.03% to 0.30%.

Brokerage Charges - Compare Motilal Oswal with Monarch Networth
Brokerage Charges Compare Motilal Oswal Monarch Networth
Plan Name Default Brokerage Plan Basic Trading Plan (Percentage Based)
Equity Delivery 0.20% 0.30%
Equity Intraday 0.02% 0.03%
Equity Futures 0.02% 0.03%
Equity Options Rs 20 per lot Rs 100 per lot
Currency Futures Rs 20 per lot 0.03%
Currency Options Rs 20 per lot Rs 100 per lot
Commodity Trading Futures: 0.02%| Options: Rs 200 Per Lot Rs 100 per lot
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges NA NA
Auto Square off Charges NA NA
Brokerage Calculator Brokerage Calculator for Motilal Oswal Brokerage Calculator for Monarch Networth
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Share Broker's Transaction Charges

Compare Motilal Oswal vs Monarch Networth on Transaction Charges

Compare Motilal Oswal with Monarch Networth on transaction charges and PCM fee by segment.

Transaction Charges - Compare Motilal Oswal with Monarch Networth
Transaction Charges Compare Motilal Oswal Monarch Networth
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for motilal-oswal Complete Brokerage Plans for monarch-networth-capital
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Account Features

Compare Motilal Oswal vs Monarch Networth on Account Features

Compare Motilal Oswal with Monarch Networth on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - Monarch Networth offers Algo Trading where Motilal Oswal doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Motilal Oswal with Monarch Networth
Account Features Compare Motilal Oswal Monarch Networth
3 in 1 Account No Motilal Oswal have 2-in-1 account. Only Demate and Trading account. No Motilal Oswal have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL Trading software terminal: Fast trade
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Trading Platform

Compare Motilal Oswal vs Monarch Networth on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal and Monarch Networth. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Motilal Oswal with Monarch Networth
Trading Platform Compare Motilal Oswal Monarch Networth
Desktop Trading Platform Orion Lite FastTrade
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://power.motilaloswal.com/MOSL/userMaster/login https://trade.mnclgroup.com
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App MO Trader MNCL Mobile Trader
Mobile Trading App Demo MO Trader Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod MO Trader Download Andriod MNCL Mobile Trader Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS MO Trader Download iOS MNCL Mobile Trader Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal Equity Intraday and Delivery Brokerage Calculator for Monarch Networth
Futures Brokerage Calculator Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for Monarch Networth
Options Brokerage Calculator Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for Monarch Networth
Detail Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for monarch-networth-capital

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Broker Ratings by Users

Compare Motilal Oswal vs Monarch Networth on User Rating

  Motilal Oswal Monarch Networth
  57 Customer Reviews    Rate Motilal Oswal 12 Customer Reviews    Rate Monarch Networth
Fees Ratings 3.2 2.8
Trading Brokerage Rating 2.6 3.0
Trading Platform Usability 3.2 3.3
Customer Service Ratings 3.0 3.2
Overall Ratings 3.0 3.3
Broker Rating Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews Monarch Networth is Rated 3.3 / 5 based on 12 customer reviews
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Investment Offerings

Compare Motilal Oswal vs Monarch Networth on Investment Offerings

Compare Motilal Oswal with Monarch Networth on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Motilal Oswal provide PMS Service where Monarch Networth doesn't offer

Investment Offerings - Compare Motilal Oswal with Monarch Networth
Investment Offerings Compare Motilal Oswal Monarch Networth
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service Yes No
Other Investment Options NIL Health Plan, General Insurance
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Order Types

Compare Motilal Oswal vs Monarch Networth on Order Types

Order Type - Compare Motilal Oswal with Monarch Networth on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Motilal Oswal provide Cover Orders (CO) where Monarch Networth doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Motilal Oswal provide Bracket Orders (BO) where Monarch Networth doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Motilal Oswal offers Good Till Cancelled (GTC) orders where Monarch Networth doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Motilal Oswal with Monarch Networth
Order Type Compare Motilal Oswal Monarch Networth
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare Motilal Oswal vs Monarch Networth on Customer Service

Compare Motilal Oswal with Monarch Networth on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Motilal Oswal with Monarch Networth
Customer Service Compare Motilal Oswal Monarch Networth
24/7 Customer Service Motilal Oswal vs Monarch Networth - 24x7 customer support No No
Email Support Motilal Oswal vs Monarch Networth - Email Support Yes Yes
Onine Live Chat Motilal Oswal vs Monarch Networth - Onine Live Chat No No
Phone Support Motilal Oswal vs Monarch Networth - Phone Support Yes Yes
Toll Free Number Motilal Oswal vs Monarch Networth - Toll Free Number No No
Through Branches Motilal Oswal vs Monarch Networth - Through Branches Yes Yes
Customer Care Number Motilal Oswal vs Monarch Networth - Customer Care Number 022 40548000/022 67490600 022-43211800 /079-26666500
Account Opening Process Motilal Oswal vs Monarch Networth - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Motilal Oswal vs Monarch Networth - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Motilal Oswal vs Monarch Networth - Knowledge Center/Education https://edumo.motilaloswal.com/ Info Not Available
Head Office Address Motilal Oswal vs Monarch Networth - Head Office Address/Corporate Address Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
Info Not Available
Website Motilal Oswal vs Monarch Networth - Company Website https://www.motilaloswal.com/ https://www.mnclgroup.com/
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Tips/Research/Reports Published

Compare Motilal Oswal vs Monarch Networth on Research Reports, Tips

Compare Motilal Oswal with Monarch Networth on research reports and tips provided by the broker.

Research Reports - Compare Motilal Oswal with Monarch Networth
  Motilal Oswal Monarch Networth
Research Mutual Funds Motilal Oswal vs Monarch Networth - Research Mutual Funds Yes No
Research Equity Reports Motilal Oswal vs Monarch Networth - Research Equity Reports Yes No
Research ETF Motilal Oswal vs Monarch Networth - Research ETF Yes No
Daily Market Report Motilal Oswal vs Monarch Networth - Daily Market Report Yes Yes
Free Tips Motilal Oswal vs Monarch Networth - Free Tips Yes Yes
Quarterly Result Analysis Motilal Oswal vs Monarch Networth - Quarterly Results Yes Yes
News Alerts Motilal Oswal vs Monarch Networth - Yes Yes
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Demat Account

Compare Motilal Oswal vs Monarch Networth on Demat Account

Compare Motilal Oswal with Monarch Networth on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Monarch Networth is ₹500 pa where for Motilal Oswal is ₹400 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Motilal Oswal is 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) where for Monarch Networth is ₹25 or 0.025% (Whichever is higher).You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Motilal Oswal with Monarch Networth
  Motilal Oswal Monarch Networth
DP Source CDSL CDSL
DP ID Motilal Oswal vs Monarch Networth - DP ID 10900 No
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹500 pa
Advance Deposit NIL NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹25 or 0.025% (Whichever is higher)
Demat ₹50 per certificate + ₹50 courier charges ₹5 per certificate (Min ₹40) + ₹45 courier charges
Remat ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges ₹10 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹45 courier charges
Pledge Creation ₹35 ₹50 per transaction
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹35 ₹25 per transaction
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹35 ₹25 per transaction
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Motilal Oswal vs Monarch Networth on Special Offers and Promotion

Compare Motilal Oswal with Monarch Networth on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Motilal Oswal vs Monarch Networth on Special Offers and Promotion
  Motilal Oswal Monarch Networth
Pay In and Pay Out Options Motilal Oswal vs Monarch Networth - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from MO Desktop or MO Trader or MO Investor Mobile App.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Motilal Oswal vs Monarch Networth - Payout Time Max 24 hrs except bank holidays. Info Not Available
Bank Supported and Charges Motilal Oswal vs Monarch Networth - Bank Supported and Charges Around 47 banks allow instant credit facility (Payment Gateway) with charges of ~Rs 7 from Motilal Oswal trading platforms. Info Not Available
Bank Detail Info Not Available Info Not Available
Likes

There are enormous benefits or advantages of trading with Motilal Oswal. Here are the reasons that make it a good fit for both traders and investors;

  • Choice of asset classes i.e., equities, derivatives, commodities, and currencies.
  • Free Demat and trading account opening.
  • Zero maintenance fee for 1st year.
  • Free mobile app for traders (Trader App) and investors (Investor App).
  • Invest in mutual funds and IPOs for free.
  • Free research reports & recommendations.
  • Safe & secure fund transfer with 39+ banks.
  • Access features; StockSIP, IAP (Algorithm advisory), and improve my portfolio (PR).
  • Margin trading and margin against shares
  • Free call & trade service.
  • EDUMO (free learning platform) for beginners, intermediate, and advanced traders.

Detail Review...

  • All-in-one broker for your trading and investing requirements.
  • Zero Demat account opening fees.
  • Multiple pricing plans for customers.
  • Trade on the mobile trader app and web platform.
  • Global investing platform to invest in the US stocks.
  • Free Research offerings; equity research, commodity & currency, stock ideas, etc.
  • Robust PAN-India presence.

Detail Review...

Dislikes

There are some drawbacks or disadvantages that might discourage you to not opening an account with Motilal Oswal. Here are some important trading cons;

  • High brokerage charges
  • Unlike many full-service brokers like Kotak, ICICI, etc., Motilal Oswal does not have any flat discount brokerage plan.
  • You cannot open a 3-in-1 account, Demat + Trading + Bank A/c.
  • It only provides regular mutual fund schemes.

Detail Review...

  • Primitive user interface of MNCL Mobile app that makes it difficult to use for beginners.
  • Does not offer NRI trading.
  • Does not provide a 3-in-1 trading account.
  • No Good till triggered (GTT) order facility.

Detail Review...

Special Offers/Promo Free Demat AMC (Client need to opt for 3,000 Value Pack (prepaid brokerage) or Open the A/c with above 25,000 margin)
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Last Updated on 2023-09-14T05:03:12+00:00