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Monarch Networth Vs Wisdom Capital: 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 Wisdom Capital ranges between Rs 9. Monarch Networth is a Full Service Broker where Wisdom Capital is a Discount Broker. Monarch Networth is having overall lower rating compare to Wisdom Capital. Monarch Networth is rated only 3 out of 5 where Wisdom Capital is rated 4 out of 5. Number of active customer for Monarch Networth is 57,815 where number of active customer for Wisdom Capital is 3,802. Monarch Networth is serving more customer compare to Wisdom Capital.

Here we present side-by-side comparison of Monarch Networth vs Wisdom Capital 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 Wisdom Capital'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 Wisdom Capital 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 Wisdom Capital'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 Wisdom Capital on Service

  Monarch Networth Compare
Monarch Networth
Wisdom Capital Compare
Wisdom Capital
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 BSE, NSE, MCX, NCDEX
Active Clients 57,815 3,802
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. Wisdom Capital shines in its ability to personalize the broker-trader relationship. With price, execution and service mattering the most to hyperactive traders, Wisdom Capital is competitive in the first two (price & execution) and specializes in the...Know more about Wisdom Capital
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 Wisdom Capital on Trading & Demat Account Opening Charges

Comparison of Monarch Networth with Wisdom Capital on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Monarch Networth charges Rs 225 PA AMC for Demat account where Wisdom Capital charges Rs 999 Life time AMC AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Monarch Networth with Wisdom Capital
Charges Monarch Networth Wisdom Capital
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 225 PA Rs 999 Life time AMC
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Monarch Networth vs Wisdom Capital on Plan Options

Plans are the most important feature you look when compare Monarch Networth with Wisdom Capital. This section compare on high level about type of plans offered by brokers. Multiple Plans - Wisdom Capital provides Multiple Plans where Monarch Networth doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Monarch Networth with Wisdom Capital on Plan Options
Plan Types Monarch Networth Wisdom Capital
Multiple Plans No Yes
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 Wisdom Capital 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%.

Wisdom Capital Brokerage Plan detail - Trade on your Pro Plan,buy and sell FnO Rs 9 Per trade, 0.005% Intraday,0.05% Delivery.If you are large or small investore this will give you freedom in your trade. Delivery Limit/Margin In Cash is 1X,Intraday Limit/Margin In Futures is 6X MIS & 20X in Cover Order,Intraday Limit/Margin In Options is 1X Buy & 6X Sell,Intraday Limit/Margin In Cash is Upto 40 X MIS, Intraday Limit/Margin In Delivery is Upto 5X.

Brokerage Charges - Compare Monarch Networth with Wisdom Capital
Brokerage Charges Compare Monarch Networth Wisdom Capital
Plan Name Basic Trading Plan (Percentage Based) Flat Fee Rs 9 Trading Plan (Pro Plan)
Equity Delivery 0.30% 0.05% or 5 paisa
Equity Intraday 0.03% 0.01% or 1 paisa
Equity Futures 0.03% Flat Fee Rs 9
Equity Options Rs 100 per lot Flat Fee Rs 9
Currency Futures 0.03% Flat Fee Rs 9
Currency Options Rs 100 per lot Flat Fee Rs 9
Commodity Trading Rs 100 per lot Flat Fee Rs 9
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 Wisdom Capital
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Share Broker's Transaction Charges

Compare Monarch Networth vs Wisdom Capital on Transaction Charges

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

Transaction Charges - Compare Monarch Networth with Wisdom Capital
Transaction Charges Compare Monarch Networth Wisdom Capital
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 wisdom-capital
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Account Features

Compare Monarch Networth vs Wisdom Capital on Account Features

Compare Monarch Networth with Wisdom Capital 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 Wisdom Capital doesn't offers margin funding. NRI Trading - Monarch Networth offers NRI where Wisdom Capital doesn't offers NRI Trading.

Account Features - Monarch Networth with Wisdom Capital
Account Features Compare Monarch Networth Wisdom Capital
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 Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features Trading software terminal: Fast trade NIL
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Trading Platform

Compare Monarch Networth vs Wisdom Capital on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Monarch Networth and Wisdom Capital. 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 Wisdom Capital
Trading Platform Compare Monarch Networth Wisdom Capital
Desktop Trading Platform FastTrade NEST Trader & NSE NOW
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://trade.wisdomcapital.in./
Web Trading Demo Info Not Available Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App MNCL Mobile Trader TradeEye
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod MNCL Mobile Trader Download Andriod TradeEye Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS MNCL Mobile Trader Download Info Not Available
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 Wisdom Capital
Futures Brokerage Calculator Futures Brokerage Calculator for Monarch Networth Futures Brokerage Calculator for Wisdom Capital
Options Brokerage Calculator Options Brokerage Calculator for Monarch Networth Options Brokerage Calculator for Wisdom Capital
Detail Detail on Trading Platforms for monarch-networth-capital Detail on Trading Platforms for wisdom-capital

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Broker Ratings by Users

Compare Monarch Networth vs Wisdom Capital on User Rating

  Monarch Networth Wisdom Capital
  12 Customer Reviews    Rate Monarch Networth 8 Customer Reviews    Rate Wisdom Capital
Fees Ratings 2.8 4.3
Trading Brokerage Rating 3.0 4.5
Trading Platform Usability 3.3 3.3
Customer Service Ratings 3.2 4.4
Overall Ratings 3.3 3.9
Broker Rating Monarch Networth is Rated 3.3 / 5 based on 12 customer reviews Wisdom Capital is Rated 3.9 / 5 based on 8 customer reviews
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Investment Offerings

Compare Monarch Networth vs Wisdom Capital on Investment Offerings

Compare Monarch Networth with Wisdom Capital 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 Wisdom Capital doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Monarch Networth with Wisdom Capital
Investment Offerings Compare Monarch Networth Wisdom Capital
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 Wisdom Capital on Order Types

Order Type - Compare Monarch Networth with Wisdom Capital 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)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Monarch Networth with Wisdom Capital
Order Type Compare Monarch Networth Wisdom Capital
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 Yes
GTC-Good Till Cancelled No No
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Customer Service Offered

Compare Monarch Networth vs Wisdom Capital on Customer Service

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

Compare Monarch Networth vs Wisdom Capital on Research Reports, Tips

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

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

Compare Monarch Networth vs Wisdom Capital on Demat Account

Compare Monarch Networth with Wisdom Capital 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 Wisdom Capital is Free (₹1000 Refundable deposit + ₹1000 one time charges) where for Monarch Networth is ₹500 pa. Wisdom Capital is a better choice in terms of Demat AMC compare to Monarch Networth.

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 Wisdom Capital is ₹12.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 Wisdom Capital
  Monarch Networth Wisdom Capital
DP Source CDSL NSDL
DP ID Monarch Networth vs Wisdom Capital - DP ID No No
Demat Account Annual Maintenance Charges(AMC) ₹500 pa Free (₹1000 Refundable deposit + ₹1000 one time charges)
Advance Deposit NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹25 or 0.025% (Whichever is higher) ₹12
Demat ₹5 per certificate (Min ₹40) + ₹45 courier charges ₹3 per certificate + ₹20 per DFR
Remat ₹10 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹45 courier charges ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation ₹50 per transaction ₹50 per transaction
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹25 per transaction ₹25 per transaction
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹25 per transaction ₹25 per transaction
Failed Instruction Charges Nil ₹20
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Monarch Networth vs Wisdom Capital on Special Offers and Promotion

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

Compare Monarch Networth vs Wisdom Capital on Special Offers and Promotion
  Monarch Networth Wisdom Capital
Pay In and Pay Out Options Monarch Networth vs Wisdom Capital - Pay In and Pay Out Options Info Not Available Info Not Available
Payout Time Monarch Networth vs Wisdom Capital - Payout Time Info Not Available Info Not Available
Bank Supported and Charges Monarch Networth vs Wisdom Capital - 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...

No support to invest in IPOs, Mutual Fund and Bonds; charges for using semi-automated algo trading.

Detail Review...

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