Compare 3 Brokers

Monarch Networth Vs IIFL Securities: Which one is better?

The brokerage of Monarch Networth ranges between .005 to .3% while the brokerage of IIFL Securities ranges between .025 to .25%. Both the brokers are Full Service brokers. Monarch Networth is having overall lower rating compare to IIFL Securities. Monarch Networth is rated only 3 out of 5 where IIFL Securities is rated 4 out of 5.

Here we present side-by-side comparison of Monarch Networth vs IIFL Securities 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 IIFL Securities'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 IIFL Securities 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 IIFL Securities'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 IIFL Securities on Service

  Monarch Networth Compare
Monarch Networth
IIFL Securities Compare
IIFL Securities
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-SX. NCDEX NSE, BSE, MCX, NCDEX
Active Clients 3,24,853 56,821
Broker Overview Monarch Networth Capital, an exponentially growing firm is backed by strong support, chain of sub brokers and branches, research team and network of experts. IIFL Securities is one of the best brokers in terms of its Z20 flat discount brokerage plan, IIFL Markets Mobile app, best research & advisory, complete investment solution, and personalized Portfolio Management Service.
Broker Enquiry Open an Online Trading Account with Monarch Networth. Leave your contact info and we will get in touch with you. Open an Online Trading Account with IIFL Securities. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Monarch Networth vs IIFL Securities on Trading & Demat Account Opening Charges

Comparison of Monarch Networth with IIFL Securities on trading & demat account opening charges and AMC. Trading account opening charges - Monarch Networth charges Rs 149 for account opening where IIFL Securities charges Rs 250 (Rs 0, Promotion offer) for account opening. Demat AMC charges - Monarch Networth charges Rs 400 PA AMC for Demat account where IIFL Securities charges Rs 450 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Monarch Networth with IIFL Securities
Charges Monarch Networth IIFL Securities
Trading Account Opening Fees Rs 149 Rs 250 (Rs 0, Promotion offer)
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA Rs 450 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Monarch Networth vs IIFL Securities on Plan Options

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

Account Opening

  Monarch Networth IIFL Securities
Account Opening Request
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Brokerage Charges

Compare Monarch Networth vs IIFL Securities on Brokerage Charges

Monarch Networth Brokerage Plan detail - This is a standard plan by Networth Direct.This is % based brokerage plan.Brokerage is between .005% to .3%, which is .05 paisa to 30 paisa.

IIFL Securities Brokerage Plan detail - IIFL Z20 flat discount brokerage plan offers Free delivery trading and charges a maximum of Rs. 20 per order brokerage across segments.

Brokerage Charges - Compare Monarch Networth with IIFL Securities
Brokerage Charges Compare Monarch Networth IIFL Securities
Plan Name Basic Trading Plan (Percentage Based) IIFL Z20 Brokerage Plan
Equity Delivery 0.3% or 30 paisa Free
Equity Intraday 0.03% or 3 paisa Rs. 20/- per executed order or 0.05% whichever is
Equity Futures 0.03% or 3 paisa Rs. 20/- per executed order or 0.05% whichever is
Equity Options Rs 50 Per Lot Flat Rs 20 per executed order
Currency Futures 0.03% or 3 paisa Rs. 20/- per executed order or 0.05% whichever is
Currency Options Rs 50 Per Lot Rs. 20/- per executed order or 0.05% whichever is
Commodity Trading 0.03% or 3 paisa Rs. 20/- per executed order or 0.05% whichever is
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges Info Not Available Rs 50 Per Call + GST
Brokerage Calculator Brokerage Calculator for Monarch Networth Brokerage Calculator for IIFL Securities
SPAN Margin Calculator SPAN Margin Calculator for Monarch Networth SPAN Margin Calculator for IIFL Securities
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Share Broker's Transaction Charges

Compare Monarch Networth vs IIFL Securities on Transaction Charges

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

Transaction Charges - Compare Monarch Networth with IIFL Securities
Transaction Charges Compare Monarch Networth IIFL Securities
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 190 Per Cr
Equity Options Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 110 Per Cr Rs 110 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 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 monarch-networth-capital Complete Brokerage Plans for iifl-securities
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Account Features

Compare Monarch Networth vs IIFL Securities on Account Features

Compare Monarch Networth with IIFL Securities 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 IIFL Securities 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 - Monarch Networth with IIFL Securities
Account Features Compare Monarch Networth IIFL Securities
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 No
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 Trading software terminal: Fast trade NIL
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Trading Platform

Compare Monarch Networth vs IIFL Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Monarch Networth and IIFL Securities. 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 IIFL Securities
Trading Platform Compare Monarch Networth IIFL Securities
Desktop Trading Platform FastTrade IIFL Trader terminal
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.mnclgroup.com https://ttweb.indiainfoline.com
Web Trading Demo Info Not Available Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App MNCL Mobile Trader IIFL Markets
Mobile Trading App Demo Info Not Available IIFL Markets Demo
Android Mobile App Yes Yes
Android App Download Andriod MNCL Mobile Trader Download Andriod IIFL Markets Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS MNCL Mobile Trader Download iOS IIFL Markets Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Info Not Available Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Monarch Networth Equity Intraday and Delivery Brokerage Calculator for IIFL Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Monarch Networth Futures Brokerage Calculator for IIFL Securities
Options Brokerage Calculator Options Brokerage Calculator for Monarch Networth Options Brokerage Calculator for IIFL Securities
Detail Detail on Trading Platforms for monarch-networth-capital Detail on Trading Platforms for iifl-securities
Zerodha Online Branch Offices
Upstox Online Branch Offices
5paisa Online Branch Offices
Angel Broking Online Branch Offices

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Broker Ratings by Users

Compare Monarch Networth vs IIFL Securities on User Rating

  Monarch Networth IIFL Securities
  12 Customer Reviews    Rate Monarch Networth 81 Customer Reviews    Rate IIFL Securities
Fees Ratings 2.8 3.1
Trading Brokerage Rating 3.0 2.9
Trading Platform Usability 3.3 3.4
Customer Service Ratings 3.2 2.9
Overall Ratings Rated 3.3 stars Rated 2.8 stars
Broker Rating Monarch Networth is Rated 3.3 / 5 based on 12 customer reviews IIFL Securities is Rated 2.8 / 5 based on 81 customer reviews
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Investment Offerings

Compare Monarch Networth vs IIFL Securities on Investment Offerings

Compare Monarch Networth with IIFL Securities 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) - IIFL Securities provides PMS Service where Monarch Networth doesn't offer

Investment Offerings - Compare Monarch Networth with IIFL Securities
Investment Offerings Compare Monarch Networth IIFL Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No Yes
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 Yes
PMS Service No Yes
Other Investment Options Health Plan, General Insurance NIL
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Order Types

Compare Monarch Networth vs IIFL Securities on Order Types

Order Type - Compare Monarch Networth with IIFL Securities 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) - IIFL Securities provides 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) - 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- IIFL Securities offers Good Till Cancelled (GTC) orders where Monarch Networth doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Monarch Networth with IIFL Securities
Order Type Compare Monarch Networth IIFL Securities
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No Yes
Bracket order No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No Yes
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Margin/Leverage

Compare Monarch Networth vs IIFL Securities on Margin/Leverage

Compare Monarch Networth with IIFL Securities on Exposure/Margin offered by the broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare Monarch Networth with IIFL Securities
Margin Product Compare Monarch Networth IIFL Securities
Equity Delivery Margin Monarch Networth vs IIFL Securities - Equity Delivery Margin Info Not Available Upto 5x
Equity Intraday Margin Monarch Networth vs IIFL Securities - Equity Intraday Margin Up to 10x or 10% subject to Var and ELM. Up to 20x on MIS, Bracket order, (BO) and cover order (CO)
Futures Margin Monarch Networth vs IIFL Securities - Futures Margin 1x means actual SPAN + Exposure. Intraday: Upto 4x| BO/CO: 25% of Exchange margin + SL Margin
Options Margin Monarch Networth vs IIFL Securities - Options Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. Stock options: 2x (sell), 1x (Buy)| Index Options Buy: 3x (intraday)| BO/CO: 25% of Exchange margin + SL Margin| Index options sell: 4x (intraday)| BO/CO: 25% of Exchange margin + SL Margin
Equity CO Margin Monarch Networth vs IIFL Securities - Equity CO Margin Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order. Up to 20x
Futures CO Margin Monarch Networth vs IIFL Securities - Futures CO Margin 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order. 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.
Options CO Margin Monarch Networth vs IIFL Securities - Options CO Margin 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order. 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.
Commodity Margin Monarch Networth vs IIFL Securities - Commodity Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
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Customer Service Offered

Compare Monarch Networth vs IIFL Securities on Customer Service

Compare Monarch Networth with IIFL Securities 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 IIFL Securities
Customer Service Compare Monarch Networth IIFL Securities
24/7 Customer Service Monarch Networth vs IIFL Securities - 24x7 customer support No Yes
Email Support Monarch Networth vs IIFL Securities - Email Support Yes Yes
Onine Live Chat Monarch Networth vs IIFL Securities - Onine Live Chat No Yes
Phone Support Monarch Networth vs IIFL Securities - Phone Support Yes Yes
Toll Free Number Monarch Networth vs IIFL Securities - Toll Free Number No Yes
Through Branches Monarch Networth vs IIFL Securities - Through Branches Yes Yes
Customer Care Number Monarch Networth vs IIFL Securities - Customer Care Number Info Not Available 022-40071000
Account Opening Process Monarch Networth vs IIFL Securities - Account Opening Process Info Not Available Online/Paperless
Customer Support Email Monarch Networth vs IIFL Securities - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education Monarch Networth vs IIFL Securities - Knowledge Center/Education Info Not Available https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx
Head Office Address Monarch Networth vs IIFL Securities - Head Office Address/Corporate Address Info Not Available IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
Website Monarch Networth vs IIFL Securities - Company Website Info Not Available https://www.indiainfoline.com/
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Tips/Research/Reports Published

Compare Monarch Networth vs IIFL Securities on Research Reports, Tips

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

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

Compare Monarch Networth vs IIFL Securities on Demat Account

Compare Monarch Networth with IIFL Securities on Demat Service and Charges. This section covers about demat charges, demat service and other details

Demat Charges - Compare Monarch Networth with IIFL Securities
  Monarch Networth IIFL Securities
DP Source CDSL CDSL
DP ID Monarch Networth vs IIFL Securities - DP ID No 44700
Demat Account Annual Maintenance Charges(AMC) ₹400 pa or Zero AMC with ₹2500 refundable deposit ₹400 pa
Advance Deposit NIL Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12 + CDSL charges 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)
Demat ₹5 per certificate (Min ₹40) + ₹45 courier charges ₹15 per certificate + ₹40 courier charges
Remat ₹10 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹45 courier charges ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges
Pledge Creation ₹50 per transaction ₹50
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹25 per transaction Nil
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹25 per transaction Nil
Failed Instruction Charges Nil Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Monarch Networth vs IIFL Securities on Special Offers and Promotion

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

Compare Monarch Networth vs IIFL Securities on Special Offers and Promotion
  Monarch Networth IIFL Securities
Pay In and Pay Out Options Monarch Networth vs IIFL Securities - Pay In and Pay Out Options Info Not Available Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradeTerminal or TTWeb or Mobile App.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Monarch Networth vs IIFL Securities - Payout Time Info Not Available Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999.
Bank Supported and Charges Monarch Networth vs IIFL Securities - Bank Supported and Charges Info Not Available Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms.
Bank Detail Info Not Available India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
Likes

SMS Service, Efficient Grievance Handling, free call and trade, tips and recommendations based on quality research, multiple trading products available,free Call & Trade.

Detail Review...

Detail Review...

Dislikes

Mobile app based trading not available, investment tools missing

Detail Review...

  • High call & trade charges of Rs. 50 per order.
  • Unavailability of the IIFL 3-in-1 account.
  • High IIFL Securities Account Opening Charge than other brokers.

Detail Review...

Special Offers/Promo Open IIFL Demat & Trading Account Free - Zero A/c Opening Charge & 1st year AMC waived off.
Enquiry Enquire about Monarch Networth Enquire about IIFL Securities

Last Updated on 2019-07-11T23:31:39+00:00


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