Compare 3 Brokers

Monarch Networth Vs Alice Blue: Which one is better?

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

  • 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 Alice Blue on Service

  Monarch Networth Compare
Monarch Networth
Alice Blue Compare
Alice Blue
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX-SX. NCDEX BSE, NSE, MCX, MCX-SX, NCDEX
Active Clients 57,567 1,41,760
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.
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 Alice Blue. 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 Alice Blue on Trading & Demat Account Opening Charges

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.

Trading & Demat Account Opening Charges - Compare Monarch Networth with Alice Blue
Charges Monarch Networth Alice Blue
Trading Account Opening Fees Rs 149 Equity: Rs. 310, Commodity (MCX): Rs. 200, Equity + Commodity: Rs. 500
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA Rs 400 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Monarch Networth vs Alice Blue on Plan Options

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.

Compare Monarch Networth with Alice Blue on Plan Options
Plan Types Monarch Networth Alice Blue
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Monarch Networth Alice Blue
Account Opening Request
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Brokerage Charges

Compare Monarch Networth vs Alice Blue 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.

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 with Alice Blue
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
Minimum Brokerage NIL NA
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
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Share Broker's Transaction Charges

Compare Monarch Networth vs Alice Blue on Transaction Charges

Compare Monarch Networth with Alice Blue on transaction charges and PCM fee by segment.

Transaction Charges - Compare Monarch Networth with Alice Blue
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
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Account Features

Compare Monarch Networth vs Alice Blue on Account Features

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 - Monarch Networth with Alice Blue
Account Features Compare Monarch Networth Alice Blue
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 No
Online Demo Yes No
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes Yes
Other Features Trading software terminal: Fast trade NIL
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Trading Platform

Compare Monarch Networth vs Alice Blue on Trading Platform

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 with Alice Blue
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) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.mnclgroup.com
Web Trading Demo Info Not Available Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App MNCL Mobile Trader ANT Mobile
Mobile Trading App Demo Info Not Available ANT Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod MNCL Mobile Trader Download Andriod ANT Mobile Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS MNCL Mobile Trader Download iOS ANT Mobile 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 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
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 Alice Blue on User Rating

  Monarch Networth Alice Blue
  12 Customer Reviews    Rate Monarch Networth 4 Customer Reviews    Rate Alice Blue
Fees Ratings 2.8 3.0
Trading Brokerage Rating 3.0 4.0
Trading Platform Usability 3.3 3.5
Customer Service Ratings 3.2 3.5
Overall Ratings Rated 3.3 stars Rated 2.5 stars
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
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Investment Offerings

Compare Monarch Networth vs Alice Blue on Investment Offerings

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 with Alice Blue
Investment Offerings Compare Monarch Networth Alice Blue
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes Yes
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 Alice Blue on Order Types

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

Compare Monarch Networth vs Alice Blue on Margin/Leverage

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.

Exposure/margin - Compare Monarch Networth with Alice Blue
Margin Product Compare Monarch Networth Alice Blue
Equity Delivery Margin Monarch Networth vs Alice Blue - Equity Delivery Margin Info Not Available No Margin/Leverage for Equity Delivery.
Equity Intraday Margin Monarch Networth vs Alice Blue - 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 Monarch Networth vs Alice Blue - Futures Margin 1x means actual SPAN + Exposure. Up to 2x leverage
Options Margin Monarch Networth vs Alice Blue - 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 Monarch Networth vs Alice Blue - 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 Monarch Networth vs Alice Blue - 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 Monarch Networth vs Alice Blue - 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 Monarch Networth vs Alice Blue - Commodity Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. Up to 2x on MCX orders.
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Customer Service Offered

Compare Monarch Networth vs Alice Blue on Customer Service

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 Support - Compare Monarch Networth with Alice Blue
Customer Service Compare Monarch Networth Alice Blue
24/7 Customer Service Monarch Networth vs Alice Blue - 24x7 customer support No No
Email Support Monarch Networth vs Alice Blue - Email Support Yes No
Onine Live Chat Monarch Networth vs Alice Blue - Onine Live Chat No Yes
Phone Support Monarch Networth vs Alice Blue - Phone Support Yes Yes
Toll Free Number Monarch Networth vs Alice Blue - Toll Free Number No No
Through Branches Monarch Networth vs Alice Blue - Through Branches Yes Yes
Customer Care Number Monarch Networth vs Alice Blue - Customer Care Number Info Not Available 080-61575500/22174600
Account Opening Process Monarch Networth vs Alice Blue - Account Opening Process Info Not Available Online/Paperless
Customer Support Email Monarch Networth vs Alice Blue - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education Monarch Networth vs Alice Blue - Knowledge Center/Education Info Not Available https://www.aliceblueonline.com/alice-knowledge-base/
Head Office Address Monarch Networth vs Alice Blue - Head Office Address/Corporate Address Info Not Available Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore 560063
Website Monarch Networth vs Alice Blue - Company Website Info Not Available https://www.aliceblueonline.com
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Tips/Research/Reports Published

Compare Monarch Networth vs Alice Blue on Research Reports, Tips

Compare Monarch Networth with Alice Blue on research reports and tips provided by the broker.

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

Compare Monarch Networth vs Alice Blue on Demat Account

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

Demat Charges - Compare Monarch Networth with Alice Blue
  Monarch Networth Alice Blue
DP Source CDSL CDSL
DP ID Monarch Networth vs Alice Blue - DP ID No 83500
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
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Monarch Networth vs Alice Blue on Special Offers and Promotion

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

Compare Monarch Networth vs Alice Blue on Special Offers and Promotion
  Monarch Networth Alice Blue
Pay In and Pay Out Options Monarch Networth vs 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 Monarch Networth vs Alice Blue - Payout Time Info Not Available Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Monarch Networth vs Alice Blue - 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,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
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...

  • Alice Blue doesn't offer NRI trading.
  • A 3-in-1 account opening facility is not available.
  • Alice Blue Mutual Fund App is not available on the App Store.
  • 3rd party trading tools are not free and charge a subscription fee.
  • Does not offer fixed income products like bonds.

Detail Review...

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


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