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Dhani Stocks 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 Dhani Stocks Max Rs 500 PM per trade while the brokerage of Monarch Networth ranges between 0.03% to 0.30%. Dhani Stocks is a Discount Broker where Monarch Networth is a Full Service Broker. Dhani Stocks is having overall higher rating compare to Monarch Networth. Dhani Stocks is rated 4 out of 5 where Monarch Networth is rated only 3 out of 5. Number of active customer for Monarch Networth is 58,113 where number of active customer for Dhani Stocks is 32,690. Monarch Networth is serving more customer compare to Dhani Stocks.

Here we present side-by-side comparison of Dhani Stocks 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 Dhani Stocks 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 Dhani Stocks 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 Dhani Stocks 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 Dhani Stocks vs Monarch Networth on Service

  Dhani Stocks Compare
Dhani Stocks
Monarch Networth Compare
Monarch Networth
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 32,690 58,113
Broker Overview Best discount broker offering zero brokerage unlimited trading in equity, F&O, and currency @ just Rs. 500/month through the best trading platforms – Dhani Stocks App, web, and Power Indiabulls (PIB) software. 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 Dhani Stocks vs Monarch Networth on Trading & Demat Account Opening Charges

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

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

Compare Dhani Stocks vs Monarch Networth on Plan Options

Plans are the most important feature you look when compare Dhani Stocks 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 - Dhani Stocks provide Monthly Plans where Monarch Networth doesn't offer

Compare Dhani Stocks with Monarch Networth on Plan Options
Plan Types Dhani Stocks Monarch Networth
Multiple Plans No No
Monthly Plans Yes 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 Dhani Stocks vs Monarch Networth on Brokerage Charges

Dhani Stocks Brokerage Plan detail - Flat Monthly Subscription of Rs 500 for unlimited trade in Equity delivery, Intraday, Derivatives, and Currency.

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 Dhani Stocks with Monarch Networth
Brokerage Charges Compare Dhani Stocks Monarch Networth
Plan Name Unlimited trading plan Basic Trading Plan (Percentage Based)
Equity Delivery Free 0.30%
Equity Intraday Free 0.03%
Equity Futures Free 0.03%
Equity Options Free Rs 100 per lot
Currency Futures Free 0.03%
Currency Options Free Rs 100 per lot
Commodity Trading 0.03% or 3 Paisa Rs 100 per lot
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges Free NA
Auto Square off Charges Free NA
Brokerage Calculator Brokerage Calculator for Dhani Stocks Brokerage Calculator for Monarch Networth
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Share Broker's Transaction Charges

Compare Dhani Stocks vs Monarch Networth on Transaction Charges

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

Transaction Charges - Compare Dhani Stocks with Monarch Networth
Transaction Charges Compare Dhani Stocks 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 Agri: Rs 260 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for dhani-stocks Complete Brokerage Plans for monarch-networth-capital
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Account Features

Compare Dhani Stocks vs Monarch Networth on Account Features

Compare Dhani Stocks 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 Dhani Stocks 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 - Dhani Stocks with Monarch Networth
Account Features Compare Dhani Stocks Monarch Networth
3 in 1 Account No Dhani Stocks have 2-in-1 account. Only Demate and Trading account. No Dhani Stocks have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo No 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 Dhani Stocks vs Monarch Networth on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Dhani Stocks 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 Dhani Stocks with Monarch Networth
Trading Platform Compare Dhani Stocks Monarch Networth
Desktop Trading Platform Dhani Stocks FastTrade
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) Yes No
Web Trading Platform Yes Yes
Web Trading Detail Dhani Stocks Web https://trade.mnclgroup.com
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App Dhani Stocks App MNCL Mobile Trader
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Dhani Stocks App Download Andriod MNCL Mobile Trader Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Dhani Stocks App 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 Dhani Stocks Equity Intraday and Delivery Brokerage Calculator for Monarch Networth
Futures Brokerage Calculator Futures Brokerage Calculator for Dhani Stocks Futures Brokerage Calculator for Monarch Networth
Options Brokerage Calculator Options Brokerage Calculator for Dhani Stocks Options Brokerage Calculator for Monarch Networth
Detail Detail on Trading Platforms for dhani-stocks Detail on Trading Platforms for monarch-networth-capital

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Broker Ratings by Users

Compare Dhani Stocks vs Monarch Networth on User Rating

  Dhani Stocks Monarch Networth
  33 Customer Reviews    Rate Dhani Stocks 12 Customer Reviews    Rate Monarch Networth
Fees Ratings 3.7 2.8
Trading Brokerage Rating 3.5 3.0
Trading Platform Usability 3.9 3.3
Customer Service Ratings 3.4 3.2
Overall Ratings 3.6 3.3
Broker Rating Dhani Stocks is Rated 3.6 / 5 based on 33 customer reviews Monarch Networth is Rated 3.3 / 5 based on 12 customer reviews
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Investment Offerings

Compare Dhani Stocks vs Monarch Networth on Investment Offerings

Compare Dhani Stocks 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) - both the brokers don't have PMS Service.

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

Compare Dhani Stocks vs Monarch Networth on Order Types

Order Type - Compare Dhani Stocks 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) - Dhani Stocks 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) - Dhani Stocks 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- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Dhani Stocks with Monarch Networth
Order Type Compare Dhani Stocks 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 No No
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Customer Service Offered

Compare Dhani Stocks vs Monarch Networth on Customer Service

Compare Dhani Stocks 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 Dhani Stocks with Monarch Networth
Customer Service Compare Dhani Stocks Monarch Networth
24/7 Customer Service Dhani Stocks vs Monarch Networth - 24x7 customer support No No
Email Support Dhani Stocks vs Monarch Networth - Email Support Yes Yes
Onine Live Chat Dhani Stocks vs Monarch Networth - Onine Live Chat No No
Phone Support Dhani Stocks vs Monarch Networth - Phone Support Yes Yes
Toll Free Number Dhani Stocks vs Monarch Networth - Toll Free Number No No
Through Branches Dhani Stocks vs Monarch Networth - Through Branches Yes Yes
Customer Care Number Dhani Stocks vs Monarch Networth - Customer Care Number 022-61446300 022-43211800 /079-26666500
Account Opening Process Dhani Stocks vs Monarch Networth - Account Opening Process Online paperless Info Not Available
Customer Support Email Dhani Stocks vs Monarch Networth - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Dhani Stocks vs Monarch Networth - Knowledge Center/Education https://www.dhanistocks.com/blog/ Info Not Available
Head Office Address Dhani Stocks vs Monarch Networth - Head Office Address/Corporate Address Info Not Available
Website Dhani Stocks vs Monarch Networth - Company Website https://www.dhanistocks.com/ https://www.mnclgroup.com/
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Tips/Research/Reports Published

Compare Dhani Stocks vs Monarch Networth on Research Reports, Tips

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

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

Compare Dhani Stocks vs Monarch Networth on Demat Account

Compare Dhani Stocks 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 Dhani Stocks is Holdings up to ₹50,000 - Nil
Holdings between ₹50,001 to ₹2,00,000 - ₹100
.

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 Dhani Stocks is 0.02% of transaction value or ₹20 whichever is higher + ₹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 Dhani Stocks with Monarch Networth
  Dhani Stocks Monarch Networth
DP Source CDSL CDSL
DP ID Dhani Stocks vs Monarch Networth - DP ID NSDL: IN30 No
Demat Account Annual Maintenance Charges(AMC) Holdings up to ₹50,000 - Nil
Holdings between ₹50,001 to ₹2,00,000 - ₹100
₹500 pa
Advance Deposit Nil NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value or ₹20 whichever is higher + ₹5.50 (CDSL Charges) ₹25 or 0.025% (Whichever is higher)
Demat ₹5 per certificate (Min ₹50 per request) ₹5 per certificate (Min ₹40) + ₹45 courier charges
Remat ₹35 for every hundred securities ₹10 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹45 courier charges
Pledge Creation 0.02% of transaction value or ₹35 whichever is higher ₹50 per transaction
Pledge Creation Confirmation 0.02% of transaction value or ₹35 whichever is higher Nil
Pledge Closure 0.02% of transaction value or ₹35 whichever is higher ₹25 per transaction
Pledge Closure Confirmation 0.02% of transaction value or ₹35 whichever is higher Nil
Pledge Invocation 0.02% of transaction value or ₹35 whichever is higher ₹25 per transaction
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Dhani Stocks vs Monarch Networth on Special Offers and Promotion

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

Compare Dhani Stocks vs Monarch Networth on Special Offers and Promotion
  Dhani Stocks Monarch Networth
Pay In and Pay Out Options Dhani Stocks vs Monarch Networth - Pay In and Pay Out Options

UPI payment gateway, Net banking, and cheque

Info Not Available
Payout Time Dhani Stocks vs Monarch Networth - Payout Time 24 hours Info Not Available
Bank Supported and Charges Dhani Stocks vs Monarch Networth - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Info Not Available
Likes

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
  • 3-in-1 account opening facility is not available.
  • The broker only offers Indiabulls Mutual Funds.

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
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Last Updated on 2022-04-19T00:38:41+00:00