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Monarch Networth Vs Achiievers Equities: 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 Achiievers Equities ranges between Rs 15. Monarch Networth is a Full Service Broker where Achiievers Equities is a Discount Broker. Overall rating for both the brokers are equal with rating 3 out of 5. Number of active customer for Monarch Networth is 58,113 where number of active customer for Achiievers Equities is . Monarch Networth is serving more customer compare to Achiievers Equities.

Here we present side-by-side comparison of Monarch Networth vs Achiievers Equities 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 Achiievers Equities'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 Achiievers Equities 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 Achiievers Equities'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 Achiievers Equities on Service

	Monarch Networth	Achiievers Equities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Full Service Broker	Discount Broker
Exchanges Supported	BSE, NSE, MCX, NCDEX	NSE, BSE, MCX
Active Clients	58,113
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.	Achiievers is a full service provider at discounted rates. They have competitive commission rates, Solid research and recommendations and options to invest in Mutual Funds, IPOs, Bonds and FDs.
Broker Enquiry

Account Opening Charges and AMC

Compare Monarch Networth vs Achiievers Equities on Trading & Demat Account Opening Charges

Comparison of Monarch Networth with Achiievers Equities on trading & demat account opening charges and AMC. Trading account opening charges - Monarch Networth offer Free account opening where Achiievers Equities charges Rs 750 for account opening. Demat AMC charges - Monarch Networth charges Rs 225 PA AMC for Demat account where Achiievers Equities charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Monarch Networth with Achiievers Equities

Charges	Monarch Networth	Achiievers Equities
Trading Account Opening Fees	Free	Rs 750
Trading AMC	Free	Free
Demat Account Opening Fees	Free	Free
Demat AMC	Rs 225 PA	Rs 400 PA
Provide DP Service

About Brokerage Plans

Compare Monarch Networth vs Achiievers Equities on Plan Options

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

Compare Monarch Networth with Achiievers Equities on Plan Options

Plan Types	Monarch Networth	Achiievers Equities
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

Brokerage Charges

Compare Monarch Networth vs Achiievers Equities 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%.

Achiievers Equities Brokerage Plan detail - Trade in Equity Delivery, Intraday, Future, Currency and Commodity on Rs 15 per executable order.

Share Broker's Transaction Charges

Compare Monarch Networth vs Achiievers Equities on Transaction Charges

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

Account Features

Compare Monarch Networth vs Achiievers Equities on Account Features

Compare Monarch Networth with Achiievers Equities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Achiievers Equities offers 3-in-1 account where Monarch Networth offers only 2-in-1 account which includes trading and demat account. Algo Trading - Monarch Networth offers Algo Trading where Achiievers Equities doesn't offers Algo Trading. Margin Funding - Monarch Networth offers a margin funding where Achiievers Equities doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Monarch Networth with Achiievers Equities

Account Features Compare	Monarch Networth	Achiievers Equities
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15PM	3:15PM
NRI Trading
Other Features	Trading software terminal: Fast trade	NIL

Trading Platform

Compare Monarch Networth vs Achiievers Equities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Monarch Networth and Achiievers Equities. 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 Achiievers Equities

Trading Platform Compare	Monarch Networth	Achiievers Equities
Desktop Trading Platform	FastTrade	NSE NOW
Desktop Demo	Info Not Available	Info Not Available
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detail	https://trade.mnclgroup.com	http://www.nowonline.in/
Web Trading Demo	Info Not Available	Info Not Available
Mobile Site
Mobile Trading
Mobile Trading App	MNCL Mobile Trader	Achiievers�Mobi
Mobile Trading App Demo	Info Not Available	Info Not Available
Android Mobile App
Android App Download	Andriod MNCL Mobile Trader Download	Andriod Achiievers�Mobi Download
iPhone Mobile App (IOS)
iOS App Download	iOS MNCL Mobile Trader Download	iOS Achiievers�Mobi Download
Android Tablet App
iPad App (IOS)
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 Achiievers Equities
Futures Brokerage Calculator	Futures Brokerage Calculator for Monarch Networth	Futures Brokerage Calculator for Achiievers Equities
Options Brokerage Calculator	Options Brokerage Calculator for Monarch Networth	Options Brokerage Calculator for Achiievers Equities
Detail	Detail on Trading Platforms for monarch-networth-capital	Detail on Trading Platforms for achiievers-equities-broker

Broker Ratings by Users

Compare Monarch Networth vs Achiievers Equities on User Rating

	Monarch Networth	Achiievers Equities
	12 Customer Reviews	4 Customer Reviews
Fees Ratings	2.8	4.8
Trading Brokerage Rating	3.0	5.0
Trading Platform Usability	3.3	4.3
Customer Service Ratings	3.2	4.0
Overall Ratings	3.3	4.8
Broker Rating	Monarch Networth is Rated 3.3 / 5 based on 12 customer reviews	Achiievers Equities is Rated 4.8 / 5 based on 4 customer reviews

Investment Offerings

Compare Monarch Networth vs Achiievers Equities on Investment Offerings

Compare Monarch Networth with Achiievers Equities 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 Achiievers Equities

Investment Offerings Compare	Monarch Networth	Achiievers Equities
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	Health Plan, General Insurance	NIL

Order Types

Compare Monarch Networth vs Achiievers Equities on Order Types

Order Type - Compare Monarch Networth with Achiievers Equities 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 Achiievers Equities doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Monarch Networth with Achiievers Equities

Order Type Compare	Monarch Networth	Achiievers Equities
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare Monarch Networth vs Achiievers Equities on Customer Service

Compare Monarch Networth with Achiievers Equities 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 Achiievers Equities

Customer Service Compare	Monarch Networth	Achiievers Equities
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	022-43211800 /079-26666500	Info Not Available
Account Opening Process	Info Not Available	Info Not Available
Customer Support Email	[email protected]	Info Not Available
Knowledge Center/Education	Info Not Available	Info Not Available
Head Office Address	Info Not Available	Info Not Available
Website	https://www.mnclgroup.com/	Info Not Available

Tips/Research/Reports Published

Compare Monarch Networth vs Achiievers Equities on Research Reports, Tips

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

Research Reports - Compare Monarch Networth with Achiievers Equities

	Monarch Networth	Achiievers Equities
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare Monarch Networth vs Achiievers Equities on Demat Account

Compare Monarch Networth with Achiievers Equities 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 Achiievers Equities is ₹400 pa 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 Achiievers Equities is ₹12 + ₹5.50 CDSL charges.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 Achiievers Equities

	Monarch Networth	Achiievers Equities
DP Source	CDSL	CDSL
DP ID	No	No
Demat Account Annual Maintenance Charges(AMC)	₹500 pa	₹400 pa
Advance Deposit	NIL	Nil
Statutory charges	Nil	Nil
Transaction Charges on Debit (Per ISIN)	₹25 or 0.025% (Whichever is higher)	₹12 + ₹5.50 CDSL charges
Demat	₹5 per certificate (Min ₹40) + ₹45 courier charges	₹3 per certificate + ₹40 courier charges
Remat	₹10 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹45 courier charges	0.05% of the value or ₹20 per certificate (whichever is higher) + CDSL charges
Pledge Creation	₹50 per transaction	0.02% of the value (Min ₹50) + CDSL charges
Pledge Creation Confirmation	Nil	0.02% of the value (Min ₹50) + CDSL charges
Pledge Closure	₹25 per transaction	0.02% of the value (Min ₹50) + CDSL charges
Pledge Closure Confirmation	Nil	0.02% of the value (Min ₹50) + CDSL charges
Pledge Invocation	₹25 per transaction	0.05% of the value (Min ₹50) + CDSL charges
Failed Instruction Charges	Nil	₹50
Other Charges	Nil	Nil

Special Offers,Advantages,Disadvantages

Compare Monarch Networth vs Achiievers Equities on Special Offers and Promotion

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

Compare Monarch Networth vs Achiievers Equities on Special Offers and Promotion

	Monarch Networth	Achiievers Equities
Pay In and Pay Out Options	Info Not Available	Info Not Available
Payout Time	Info Not Available	Info Not Available
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...	Too many brokerage plans creating confusion, higher account opening fee, Charges for research services through SMS Detail Review...
Special Offers/Promo
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