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Monarch Networth Vs Compositedge: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Monarch Networth Max 0.03% to 0.30% per trade while the brokerage of Compositedge ranges between Rs 18. Monarch Networth is a Full Service Broker where Compositedge is a Discount Broker. Monarch Networth is having overall lower rating compare to Compositedge. Monarch Networth is rated only 3 out of 5 where Compositedge is rated 3.5 out of 5. Number of active customer for Monarch Networth is 58,113 where number of active customer for Compositedge is 1,961. Monarch Networth is serving more customer compare to Compositedge.

Here we present side-by-side comparison of Monarch Networth vs Compositedge share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Monarch Networth vs Compositedge'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 Monarch Networth vs Compositedge share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Monarch Networth vs Compositedge'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 Monarch Networth vs Compositedge on Service

  Monarch Networth Compare
Monarch Networth
Compositedge Compare
Compositedge
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Active Clients 58,113 1,961
Broker Overview 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. Composite Investments Pvt. Ltd. with centralized operations in Banglore, is a highly credible name with a presence of more than 18 years in the Indian financial markets. The broker provides online share trading services to buy & sell stocks, futu...Know more about Compositedge
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Monarch Networth vs Compositedge on Trading & Demat Account Opening Charges

Comparison of Monarch Networth with Compositedge on trading & demat account opening charges and AMC. Trading account opening charges - Monarch Networth offer Free account opening where Compositedge charges Rs 500 for account opening. Demat AMC charges - Monarch Networth charges Rs 225 PA AMC for Demat account where Compositedge charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Monarch Networth with Compositedge
Charges Monarch Networth Compositedge
Trading Account Opening Fees Free Rs 500
Trading AMC Free Free
Demat Account Opening Fees Free Rs 100
Demat AMC Rs 225 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Monarch Networth vs Compositedge on Plan Options

Plans are the most important feature you look when compare Monarch Networth with Compositedge. 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 Monarch Networth with Compositedge on Plan Options
Plan Types Monarch Networth Compositedge
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Monarch Networth vs Compositedge on Brokerage Charges

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%.

Compositedge Brokerage Plan detail - Compositedge flat rate brokerage plan offer first 1000 trader @Rs18 per trade in equity, commodities, futures and option segment, From 1001 onwards its @Rs15 Per trade.

Brokerage Charges - Compare Monarch Networth with Compositedge
Brokerage Charges Compare Monarch Networth Compositedge
Plan Name Basic Trading Plan (Percentage Based) Max Rs 15 Per Order Trading Plan
Equity Delivery 0.30% 0.06% or Rs 15 whichever is lower
Equity Intraday 0.03% 0.006 % or Rs 15 whichever is lower
Equity Futures 0.03% 0.006 % or Rs 15 whichever is lower
Equity Options Rs 100 per lot Flat Fee Rs 15
Currency Futures 0.03% 0.006 % or Rs 15 whichever is lower
Currency Options Rs 100 per lot Flat Fee Rs 15
Commodity Trading Rs 100 per lot Flat Fee Rs 15
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges NA NA
Auto Square off Charges NA NA
Brokerage Calculator Brokerage Calculator for Monarch Networth Brokerage Calculator for Compositedge
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Share Broker's Transaction Charges

Compare Monarch Networth vs Compositedge on Transaction Charges

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

Transaction Charges - Compare Monarch Networth with Compositedge
Transaction Charges Compare Monarch Networth Compositedge
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 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for monarch-networth-capital Complete Brokerage Plans for compositedge
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Account Features

Compare Monarch Networth vs Compositedge on Account Features

Compare Monarch Networth with Compositedge 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 - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Monarch Networth offers a margin funding where Compositedge doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

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

Compare Monarch Networth vs Compositedge on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Monarch Networth and Compositedge. 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 Monarch Networth with Compositedge
Trading Platform Compare Monarch Networth Compositedge
Desktop Trading Platform FastTrade NSE NOW - The trader workstation
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.mnclgroup.com http://www.nowonline.in/
Web Trading Demo Info Not Available Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App MNCL Mobile Trader NSE NOW
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod MNCL Mobile Trader Download Andriod NSE NOW Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS MNCL Mobile Trader Download iOS NSE NOW Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Info Not Available Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Monarch Networth Equity Intraday and Delivery Brokerage Calculator for Compositedge
Futures Brokerage Calculator Futures Brokerage Calculator for Monarch Networth Futures Brokerage Calculator for Compositedge
Options Brokerage Calculator Options Brokerage Calculator for Monarch Networth Options Brokerage Calculator for Compositedge
Detail Detail on Trading Platforms for monarch-networth-capital Detail on Trading Platforms for compositedge

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Broker Ratings by Users

Compare Monarch Networth vs Compositedge on User Rating

  Monarch Networth Compositedge
  12 Customer Reviews    Rate Monarch Networth 13 Customer Reviews    Rate Compositedge
Fees Ratings 2.8 4.1
Trading Brokerage Rating 3.0 4.7
Trading Platform Usability 3.3 4.1
Customer Service Ratings 3.2 4.4
Overall Ratings 3.3 4.3
Broker Rating Monarch Networth is Rated 3.3 / 5 based on 12 customer reviews Compositedge is Rated 4.3 / 5 based on 13 customer reviews
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Investment Offerings

Compare Monarch Networth vs Compositedge on Investment Offerings

Compare Monarch Networth with Compositedge 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 - Monarch Networth offers online mutual fund investment option where Compositedge doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare Monarch Networth vs Compositedge on Order Types

Order Type - Compare Monarch Networth with Compositedge 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) - Both broker don't have Cover Orders (CO).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) - Both broker don't have Bracket Orders (BO).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)- Monarch Networth offers After Market Orders where Compositedge doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

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

Compare Monarch Networth vs Compositedge on Customer Service

Compare Monarch Networth with Compositedge 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 Monarch Networth with Compositedge
Customer Service Compare Monarch Networth Compositedge
24/7 Customer Service Monarch Networth vs Compositedge - 24x7 customer support No No
Email Support Monarch Networth vs Compositedge - Email Support Yes Yes
Onine Live Chat Monarch Networth vs Compositedge - Onine Live Chat No Yes
Phone Support Monarch Networth vs Compositedge - Phone Support Yes Yes
Toll Free Number Monarch Networth vs Compositedge - Toll Free Number No No
Through Branches Monarch Networth vs Compositedge - Through Branches Yes No
Customer Care Number Monarch Networth vs Compositedge - Customer Care Number 022-43211800 /079-26666500 Info Not Available
Account Opening Process Monarch Networth vs Compositedge - Account Opening Process Info Not Available Info Not Available
Customer Support Email Monarch Networth vs Compositedge - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Monarch Networth vs Compositedge - Knowledge Center/Education Info Not Available Info Not Available
Head Office Address Monarch Networth vs Compositedge - Head Office Address/Corporate Address Info Not Available Info Not Available
Website Monarch Networth vs Compositedge - Company Website https://www.mnclgroup.com/ Info Not Available
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Tips/Research/Reports Published

Compare Monarch Networth vs Compositedge on Research Reports, Tips

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

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

Compare Monarch Networth vs Compositedge on Demat Account

Compare Monarch Networth with Compositedge 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 Compositedge is Monthly Charges - ₹25 where for Monarch Networth is ₹500 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 Monarch Networth is ₹25 or 0.025% (Whichever is higher) where for Compositedge is 0.04% of the transaction value or ₹8 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 Monarch Networth with Compositedge
  Monarch Networth Compositedge
DP Source CDSL CDSL
DP ID Monarch Networth vs Compositedge - DP ID No No
Demat Account Annual Maintenance Charges(AMC) ₹500 pa Monthly Charges - ₹25
Advance Deposit NIL NIL
Statutory charges Nil ₹50 Stamp Charges
Transaction Charges on Debit (Per ISIN) ₹25 or 0.025% (Whichever is higher) 0.04% of the transaction value or ₹8 whichever is higher
Demat ₹5 per certificate (Min ₹40) + ₹45 courier charges ₹2 + courier charges
Remat ₹10 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹45 courier charges ₹10 for every hundred securities or ₹10 per certificate (whichever is higher) + CDSL charges
Pledge Creation ₹50 per transaction ₹20 + ₹12 request charges
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹25 per transaction ₹20 + ₹12 request charges
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹25 per transaction ₹20
Failed Instruction Charges Nil ₹50
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Monarch Networth vs Compositedge on Special Offers and Promotion

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

Compare Monarch Networth vs Compositedge on Special Offers and Promotion
  Monarch Networth Compositedge
Pay In and Pay Out Options Monarch Networth vs Compositedge - Pay In and Pay Out Options Info Not Available Info Not Available
Payout Time Monarch Networth vs Compositedge - Payout Time Info Not Available Info Not Available
Bank Supported and Charges Monarch Networth vs Compositedge - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Info Not Available
Likes
  • 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...

Detail Review...

Dislikes
  • 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...

Minimum brokerage charged; not suited for penny stock traders; other hidden charges.

Detail Review...

Special Offers/Promo
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Last Updated on 2023-08-27T23:54:07+00:00