The brokerage of Monarch Networth Max .005 to .3% per trade while the brokerage of Alice Blue ranges between Rs 20. Monarch Networth is a Full Service Broker where Alice Blue is a Discount Broker. Monarch Networth is having overall lower rating compare to Alice Blue. Monarch Networth is rated only 3 out of 5 where Alice Blue is rated 4 out of 5.
Here we present side-by-side comparison of Monarch Networth vs Alice Blue 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 Alice Blue'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 Alice Blue 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 Alice Blue's on
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.
|Broker Type||Full Service Broker||Discount Broker|
|Exchanges Supported||BSE, NSE, MCX-SX. NCDEX||BSE, NSE, MCX, MCX-SX, NCDEX|
|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.||Lowest brokerage discount broker offering free delivery trading and flat brokerage of Rs. 15 per order in other segments through the ANT trading platform.|
Comparison of Monarch Networth with Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - Monarch Networth charges Rs 149 for account opening where Alice Blue charges Equity: Rs. 310, Commodity (MCX): Rs. 200, Equity + Commodity: Rs. 500 for account opening. Demat AMC charges - Both broker charge Rs 400 PA AMC for Demat Account.
|Charges||Monarch Networth||Alice Blue|
|Trading Account Opening Fees||Rs 149||Equity: Rs. 310, Commodity (MCX): Rs. 200, Equity + Commodity: Rs. 500|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 400 PA||Rs 400 PA|
|Provide DP Service|
Plans are the most important feature you look when compare Monarch Networth with Alice Blue. This section compare on high level about type of plans offered by brokers. Multiple Plans - Alice Blue provides Multiple Plans where Monarch Networth doesn't offer Monthly Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Monarch Networth||Alice Blue|
|Monarch Networth||Alice Blue|
|Account Opening Request|
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.
Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.
|Brokerage Charges Compare||Monarch Networth||Alice Blue|
|Plan Name||Basic Trading Plan (Percentage Based)||F15 Plan|
|Equity Delivery||0.3% or 30 paisa||Free|
|Equity Intraday||0.03% or 3 paisa||0.01% or Rs 15 whichever is lower|
|Equity Futures||0.03% or 3 paisa||0.01% or Rs 15 whichever is lower|
|Equity Options||Rs 50 Per Lot||Rs 15 per executed order|
|Currency Futures||0.03% or 3 paisa||0.01% or Rs 15 whichever is lower|
|Currency Options||Rs 50 Per Lot||Rs 15 per executed order|
|Commodity Trading||0.03% or 3 paisa||0.01% or Rs 15 whichever is lower|
|Hidden Charges||Info Not Available||No|
|Funding||Info Not Available||Yes - 24% interest PA|
|Call & Trade Charges||Info Not Available||Rs 20 per executed Order|
|Brokerage Calculator||Brokerage Calculator for Monarch Networth||Brokerage Calculator for Alice Blue|
|SPAN Margin Calculator||SPAN Margin Calculator for Monarch Networth||SPAN Margin Calculator for Alice Blue|
Compare Monarch Networth with Alice Blue on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Monarch Networth||Alice Blue|
|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 210 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 5500 Per Cr|
|Currency Futures||Rs 110 Per Cr||Rs 150 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 4400 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 alice-blue|
Compare Monarch Networth with Alice Blue 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 Alice Blue doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.
|Account Features Compare||Monarch Networth||Alice Blue|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15 PM|
|Other Features||Trading software terminal: Fast trade||NIL|
With our expert research team, we have compared all the major features of Trading platform b/w Monarch Networth and Alice Blue. 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||Alice Blue|
|Desktop Trading Platform||FastTrade||ANT - Analyse and Trade|
|Desktop Demo||Info Not Available||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://trade.mnclgroup.com|
|Web Trading Demo||Info Not Available||Info Not Available|
|Mobile Trading App||MNCL Mobile Trader||ANT Mobile|
|Mobile Trading App Demo||Info Not Available||ANT Mobile Demo|
|Android Mobile App|
|Android App Download||Andriod MNCL Mobile Trader Download||Andriod ANT Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS MNCL Mobile Trader Download||iOS ANT Mobile Download|
|Android Tablet App|
|iPad App (IOS)|
|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 Alice Blue|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Monarch Networth||Futures Brokerage Calculator for Alice Blue|
|Options Brokerage Calculator||Options Brokerage Calculator for Monarch Networth||Options Brokerage Calculator for Alice Blue|
|Detail||Detail on Trading Platforms for monarch-networth-capital||Detail on Trading Platforms for alice-blue|
|Monarch Networth||Alice Blue|
|12 Customer Reviews||4 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Monarch Networth is Rated 3.3 / 5 based on 12 customer reviews||Alice Blue is Rated 2.5 / 5 based on 4 customer reviews|
Compare Monarch Networth with Alice Blue 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||Alice Blue|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||Health Plan, General Insurance||NIL|
Order Type - Compare Monarch Networth with Alice Blue 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) - Alice Blue 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) - Alice Blue provides 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 Type Compare||Monarch Networth||Alice Blue|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Monarch Networth with Alice Blue 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.
|Margin Product Compare||Monarch Networth||Alice Blue|
|Equity Delivery Margin||Info Not Available||No Margin/Leverage for Equity Delivery.|
|Equity Intraday Margin||Up to 10x or 10% subject to Var and ELM.||Up to 3x to 8x leverage for equity MIS orders with F15 Plan and 10x for Bracket order.|
|Futures Margin||1x means actual SPAN + Exposure.||Up to 2x leverage|
|Options Margin||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||Up to 2x exposure for Options shorting and Buying for MIS orders, Up 4x on buy for cover orders.|
|Equity CO Margin||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.||Up to 10x margin/leverage in BO order for selected equity scripts and index.|
|Futures CO Margin||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.||Up to 2x margin/leverage in CO/BO order for Futures contracts.|
|Options CO Margin||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.||Up to 4x margin/leverage on buy with CO order for Options contracts.|
|Commodity Margin||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||Up to 2x on MCX orders.|
Compare Monarch Networth with Alice Blue 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 Service Compare||Monarch Networth||Alice Blue|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||Info Not Available||080-61575500/22174600|
|Account Opening Process||Info Not Available||Online/Paperless|
|Customer Support Email||Info Not Available||[email protected]|
|Knowledge Center/Education||Info Not Available||https://www.aliceblueonline.com/alice-knowledge-base/|
|Head Office Address||Info Not Available||Alice Blue,
Bagalur Main Road,
Bangalore – 560063
|Website||Info Not Available||https://www.aliceblueonline.com|
Compare Monarch Networth with Alice Blue on research reports and tips provided by the broker.
|Monarch Networth||Alice Blue|
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Monarch Networth with Alice Blue on Demat Service and Charges. This section covers about demat charges, demat service and other details
|Monarch Networth||Alice Blue|
|Demat Account Annual Maintenance Charges(AMC)||₹400 pa or Zero AMC with ₹2500 refundable deposit||Rs 400 PA AMC|
|Advance Deposit||NIL||Rs 0|
|Statutory charges||Nil||Rs 150 Stamp Charges|
|Transaction Charges on Debit (Per ISIN)||₹12 + CDSL charges||₹15 per transaction|
|Demat||₹5 per certificate (Min ₹40) + ₹45 courier charges||₹10 per certificate + ₹50 courier charges|
|Remat||₹10 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹45 courier charges||₹30 per certificate + CDSL charges|
|Pledge Creation||₹50 per transaction||₹20 + CDSL charges|
|Pledge Creation Confirmation||Nil||Nil|
|Pledge Closure||₹25 per transaction||₹20 + CDSL charges|
|Pledge Closure Confirmation||Nil||Nil|
|Pledge Invocation||₹25 per transaction||₹20 + CDSL charges|
|Failed Instruction Charges||Nil||Nil|
Compare Monarch Networth with Alice Blue on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Monarch Networth||Alice Blue|
|Pay In and Pay Out Options||Info Not Available||Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Alice Blue Mobile, ANT Desk and ANY Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
|Payout Time||Info Not Available||Upto 24 Hrs except Bank Holidays.|
|Bank Supported and Charges||Info Not Available||Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.|
|Bank Detail||Info Not Available||Aliceblue Financial Services,
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
SMS Service, Efficient Grievance Handling, free call and trade, tips and recommendations based on quality research, multiple trading products available,free Call & Trade.
Mobile app based trading not available, investment tools missing
|Special Offers/Promo||Free delivery Trading, Zero account opening charges.|
|Enquiry||Enquire about Monarch Networth||Enquire about Alice Blue|
Last Updated on 2019-07-11T23:31:39+00:00