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Monarch Networth Vs Mangal Keshav: 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 ranges between 0.03% to 0.30% while the brokerage of Mangal Keshav ranges between 0.03% to 0.30%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 3 out of 5. Number of active customer for Monarch Networth is 58,113 where number of active customer for Mangal Keshav is 7,062. Monarch Networth is serving more customer compare to Mangal Keshav.

Here we present side-by-side comparison of Monarch Networth vs Mangal Keshav 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 Mangal Keshav'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 Mangal Keshav 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 Mangal Keshav'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 Mangal Keshav on Service

  Monarch Networth Compare
Monarch Networth
Mangal Keshav Compare
Mangal Keshav
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 58,113 7,062
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. Mangal Keshav being an active member of BSE since 1939 is one of the oldest stock broking houses in India. Multi-product avenues, all types of trading platforms (web, app, and desktop software), research-driven tips & advisory, portfolio manageme...Know more about Mangal Keshav
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 Mangal Keshav on Trading & Demat Account Opening Charges

Comparison of Monarch Networth with Mangal Keshav 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 Mangal Keshav charges Rs 750 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Monarch Networth with Mangal Keshav
Charges Monarch Networth Mangal Keshav
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 225 PA Rs 750 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Monarch Networth vs Mangal Keshav on Plan Options

Plans are the most important feature you look when compare Monarch Networth with Mangal Keshav. 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 Mangal Keshav on Plan Options
Plan Types Monarch Networth Mangal Keshav
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 Monarch Networth vs Mangal Keshav 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%.

Mangal Keshav Brokerage Plan detail - This is a standard plan by Mangal Keshav. This is a % based brokerage plan. Brokerage is between .03% to .30%, which is 3 paisa to 30 paise per 100 rs.

Brokerage Charges - Compare Monarch Networth with Mangal Keshav
Brokerage Charges Compare Monarch Networth Mangal Keshav
Plan Name Basic Trading Plan (Percentage Based) Standard Brokerage Trading Plan (Percentage Based)
Equity Delivery 0.30% 0.30% or 30 paisa
Equity Intraday 0.03% 0.03% or 3 paisa
Equity Futures 0.03% 0.03% or 3 paisa
Equity Options Rs 100 per lot Rs 100 Per Lot
Currency Futures 0.03% 0.03% or 3 paisa
Currency Options Rs 100 per lot Rs 50 Per Lot
Commodity Trading Rs 100 per lot 0.03% or 3 paisa
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 Mangal Keshav
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Share Broker's Transaction Charges

Compare Monarch Networth vs Mangal Keshav on Transaction Charges

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

Transaction Charges - Compare Monarch Networth with Mangal Keshav
Transaction Charges Compare Monarch Networth Mangal Keshav
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 monarch-networth-capital Complete Brokerage Plans for mangal-keshav
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Account Features

Compare Monarch Networth vs Mangal Keshav on Account Features

Compare Monarch Networth with Mangal Keshav 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 - 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 Mangal Keshav
Account Features Compare Monarch Networth Mangal Keshav
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 Yes
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 Mangal Keshav on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Monarch Networth and Mangal Keshav. 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 Mangal Keshav
Trading Platform Compare Monarch Networth Mangal Keshav
Desktop Trading Platform FastTrade Mangal Trader
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 Mangal Keshav Web Trading Platform
Web Trading Demo Info Not Available Info Not Available
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App MNCL Mobile Trader Mangal Trader
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod MNCL Mobile Trader Download Andriod Mangal Trader Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS MNCL Mobile Trader Download iOS Mangal Trader 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 Mangal Keshav
Futures Brokerage Calculator Futures Brokerage Calculator for Monarch Networth Futures Brokerage Calculator for Mangal Keshav
Options Brokerage Calculator Options Brokerage Calculator for Monarch Networth Options Brokerage Calculator for Mangal Keshav
Detail Detail on Trading Platforms for monarch-networth-capital Detail on Trading Platforms for mangal-keshav

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Broker Ratings by Users

Compare Monarch Networth vs Mangal Keshav on User Rating

  Monarch Networth Mangal Keshav
  12 Customer Reviews    Rate Monarch Networth 1 Customer Reviews    Rate Mangal Keshav
Fees Ratings 2.8 5.0
Trading Brokerage Rating 3.0 5.0
Trading Platform Usability 3.3 4.0
Customer Service Ratings 3.2 4.0
Overall Ratings 3.3 5.0
Broker Rating Monarch Networth is Rated 3.3 / 5 based on 12 customer reviews Mangal Keshav is Rated 5.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare Monarch Networth vs Mangal Keshav on Investment Offerings

Compare Monarch Networth with Mangal Keshav 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 Monarch Networth with Mangal Keshav
Investment Offerings Compare Monarch Networth Mangal Keshav
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 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 Mangal Keshav on Order Types

Order Type - Compare Monarch Networth with Mangal Keshav 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 Mangal Keshav
Order Type Compare Monarch Networth Mangal Keshav
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 Mangal Keshav on Customer Service

Compare Monarch Networth with Mangal Keshav 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 Mangal Keshav
Customer Service Compare Monarch Networth Mangal Keshav
24/7 Customer Service Monarch Networth vs Mangal Keshav - 24x7 customer support No No
Email Support Monarch Networth vs Mangal Keshav - Email Support Yes Yes
Onine Live Chat Monarch Networth vs Mangal Keshav - Onine Live Chat No No
Phone Support Monarch Networth vs Mangal Keshav - Phone Support Yes Yes
Toll Free Number Monarch Networth vs Mangal Keshav - Toll Free Number No Yes
Through Branches Monarch Networth vs Mangal Keshav - Through Branches Yes Yes
Customer Care Number Monarch Networth vs Mangal Keshav - Customer Care Number 022-43211800 /079-26666500 +91 22 6190 8000
Account Opening Process Monarch Networth vs Mangal Keshav - Account Opening Process Info Not Available Info Not Available
Customer Support Email Monarch Networth vs Mangal Keshav - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Monarch Networth vs Mangal Keshav - Knowledge Center/Education Info Not Available https://www.mangalkeshav.com/knowledge-panel
Head Office Address Monarch Networth vs Mangal Keshav - Head Office Address/Corporate Address Info Not Available Info Not Available
Website Monarch Networth vs Mangal Keshav - Company Website https://www.mnclgroup.com/ https://www.mangalkeshav.com/
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Tips/Research/Reports Published

Compare Monarch Networth vs Mangal Keshav on Research Reports, Tips

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

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

Compare Monarch Networth vs Mangal Keshav on Demat Account

Compare Monarch Networth with Mangal Keshav 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 Mangal Keshav is ₹1000 Refundable deposit 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 Mangal Keshav is 0.05% of transaction value (Min ₹100).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 Mangal Keshav
  Monarch Networth Mangal Keshav
DP Source CDSL CDSL
DP ID Monarch Networth vs Mangal Keshav - DP ID No No
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹1000 Refundable deposit
Advance Deposit NIL Deposit Scheme ? Rs.1000/-, where AMC will not be charged and amount will be refundable at Time of Closure of demat account. If the account is closed prior to one year deposit amount will not be refunded.
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹25 or 0.025% (Whichever is higher) 0.05% of transaction value (Min ₹100)
Demat ₹5 per certificate (Min ₹40) + ₹45 courier charges ₹100 per certificate + ₹150 courier charges
Remat ₹10 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹45 courier charges ₹100 per certificate + ₹150 courier charges + CDSL charges
Pledge Creation ₹50 per transaction 0.02% of transaction value + CDSL charges
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹25 per transaction 0.02% of transaction value + CDSL charges
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹25 per transaction 0.02% of transaction value + CDSL charges
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Monarch Networth vs Mangal Keshav on Special Offers and Promotion

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

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

  • Zero Demat account opening charges.
  • One stop for all trading & investment products & services.
  • Trade on mobile app, web, and desktop applications.
  • Robust back-office system.
  • Easy deposit and withdrawal process.
  • Invest in IPO and mutual funds.
  • Get tailor-made portfolio suggestions with PMS services.
  • Market analysis, micro & macro research, equity research, mutual funds research, etc.
  • Dedicated relationship manager (RM).
  • Margin Trading Facility (MTF) is available.
  • Knowledge panel and blogs for beginners.

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...

  • Upfront Margin money is required in the trading account.
  • Does not offer a 3-in-1 account.
  • No direct mutual fund offerings.
  • Non-negotiable and non-transparent brokerage fee structure.
  • The brokerage fee is significantly higher than flat discount brokerage houses.
  • No Good till triggered (GTT) order feature.

Detail Review...

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