Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
Both the brokers are registered with SEBI. Monarch Networth offers investmenet in Equity, F&O, Currency and Commodities, where Paytm Money offers investment in Equity, F&O and Currency only. The brokerage of Monarch Networth Max 0.03% to 0.30% per trade while the brokerage of Paytm Money ranges between Rs 20. Monarch Networth is a Full Service Broker where Paytm Money is a Discount Broker. Monarch Networth is having overall lower rating compare to Paytm Money. Monarch Networth is rated only 3 out of 5 where Paytm Money is rated 4 out of 5. Number of active customer for Paytm Money is 8,02,146 where number of active customer for Monarch Networth is 57,815. Paytm Money is serving more customer compare to Monarch Networth.
Here we present side-by-side comparison of Monarch Networth vs Paytm Money 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 Paytm Money'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 Paytm Money 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 Paytm Money'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.
 Monarch Networth |
 Paytm Money |
|
|---|---|---|
| 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 |
| Active Clients | 57,815 | 8,02,146 |
| 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. | In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ... |
| Broker Enquiry |
|
|
Comparison of Monarch Networth with Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Paytm Money offer Free AMC for Demat account where Monarch Networth charges Rs 225 PA AMC for Demat account.
| Charges | Monarch Networth | Paytm Money |
|---|---|---|
| Trading Account Opening Fees | Free | Free |
| Trading AMC | Free | Rs 30 per month (Platform fees) |
| Demat Account Opening Fees | Free | Free |
| Demat AMC | Rs 225 PA | Free |
| Provide DP Service |  |
|
Plans are the most important feature you look when compare Monarch Networth with Paytm Money. 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.
| Plan Types | Monarch Networth | Paytm Money |
|---|---|---|
| Multiple Plans |  |
|
| Monthly Plans | |
|
| Yearly Plans | |
|
| Zerodha | Paytm Money | |
|---|---|---|
| Account Opening Request |
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%.
Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.
| Brokerage Charges Compare | Monarch Networth | Paytm Money |
|---|---|---|
| Plan Name | Basic Trading Plan (Percentage Based) | Flat Brokerage Plan |
| Equity Delivery | 0.30% | 2.5% or Rs 20 whichever is lower |
| Equity Intraday | 0.03% | 0.05% or Rs 20 whichever is lower |
| Equity Futures | 0.03% | 0.02% or Rs 20 whichever is lower |
| Equity Options | Rs 100 per lot | Flat Fee Rs 20 |
| Currency Futures | 0.03% | NA |
| Currency Options | Rs 100 per lot | NA |
| Commodity Trading | Rs 100 per lot | NA |
| Minimum Brokerage | NIL | NIL |
| Hidden Charges | Info Not Available | No |
| Funding | Info Not Available | Info Not Available |
| Call & Trade Charges | NA | Rs 100/order +GST |
| Auto Square off Charges | NA | Rs 50/order + GST |
| Brokerage Calculator | Brokerage Calculator for Monarch Networth | Brokerage Calculator for Paytm Money |
Compare Monarch Networth with Paytm Money on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Monarch Networth | Paytm Money |
|---|---|---|
| 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 | NA |
| Brokerage Charges | Complete Brokerage Plans for monarch-networth-capital | Complete Brokerage Plans for paytm-money |
Compare Monarch Networth with Paytm Money 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 Paytm Money doesn't offers Algo Trading. Margin Funding - Monarch Networth offers a margin funding where Paytm Money doesn't offers margin funding. NRI Trading - Monarch Networth offers NRI where Paytm Money doesn't offers NRI Trading.
| Account Features Compare | Monarch Networth | Paytm Money |
|---|---|---|
| 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 | 3:10 PM |
| NRI Trading | |
|
| 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 Paytm Money. 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 | Paytm Money |
|---|---|---|
| Desktop Trading Platform | FastTrade | Paytm Money |
| Desktop Demo | Info Not Available | Info Not Available |
| Desktop Platform (Windows) | |
|
| Desktop Platform (Mac) | |
|
| Web Trading Platform | |
|
| Web Trading Detail | https://trade.mnclgroup.com | Paytm Money Web |
| Web Trading Demo | Info Not Available | Web Trading Demo |
| Mobile Site | |
|
| Mobile Trading | |
|
| Mobile Trading App | MNCL Mobile Trader | Paytm Money App |
| Mobile Trading App Demo | Info Not Available | Paytm Money App Demo |
| Android Mobile App | |
|
| Android App Download | Andriod MNCL Mobile Trader Download | Andriod Paytm Money App Download |
| iPhone Mobile App (IOS) | |
|
| iOS App Download | iOS MNCL Mobile Trader Download | iOS Paytm Money App Download |
| Android Tablet App | |
|
| iPad App (IOS) | |
|
| Trading Software Charges | Info Not Available | Rs. 30 per month |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Monarch Networth | Equity Intraday and Delivery Brokerage Calculator for Paytm Money |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Monarch Networth | Futures Brokerage Calculator for Paytm Money |
| Options Brokerage Calculator | Options Brokerage Calculator for Monarch Networth | Options Brokerage Calculator for Paytm Money |
| Detail | Detail on Trading Platforms for monarch-networth-capital | Detail on Trading Platforms for paytm-money |
| Monarch Networth | Paytm Money | |
|---|---|---|
12 Customer Reviews
 |
6 Customer Reviews
|
|
| Fees Ratings | 2.8 | 3.2 |
| Trading Brokerage Rating | 3.0 | 3.8 |
| Trading Platform Usability | 3.3 | 3.2 |
| Customer Service Ratings | 3.2 | 2.7 |
| Overall Ratings | 3.3 | 3.0 |
| Broker Rating | Monarch Networth is Rated 3.3 / 5 based on 12 customer reviews | Paytm Money is Rated 3.0 / 5 based on 6 customer reviews |
Compare Monarch Networth with Paytm Money 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 - Monarch Networth offers trading options in Commodity (MCX) where Paytm Money doesn't offer. 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 | Paytm Money |
|---|---|---|
| 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 Type - Compare Monarch Networth with Paytm Money 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) - Paytm Money 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) - Paytm Money 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- Paytm Money offers Good Till Cancelled (GTC) orders where Monarch Networth doesn't support Good Till Cancelled (GTC) orders.
| Order Type Compare | Monarch Networth | Paytm Money |
|---|---|---|
| CNC order | |
|
| MIS order | |
|
| NRML order | |
|
| Cover order | |
|
| Bracket order | |
|
| AMO-After Market Orders | |
|
| GTC-Good Till Cancelled | |
|
Compare Monarch Networth with Paytm Money 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 | Paytm Money |
|---|---|---|
| 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 | Online/Paperless |
| Customer Support Email
|
[email protected] | [email protected] |
| Knowledge Center/Education
|
Info Not Available | https://www.paytmmoney.com/care |
| Head Office Address
|
Info Not Available | Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034 |
| Website
|
https://www.mnclgroup.com/ | https://www.paytmmoney.com/ |
Compare Monarch Networth with Paytm Money on research reports and tips provided by the broker.
| Monarch Networth | Paytm Money | |
|---|---|---|
| Research Mutual Funds
|
|
|
| Research Equity Reports
|
|
|
| Research ETF
|
|
|
| Daily Market Report
|
|
|
| Free Tips
|
|
|
| Quarterly Result Analysis
|
|
|
| News Alerts
|
|
|
Compare Monarch Networth with Paytm Money 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 Paytm Money is Zero 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 Paytm Money is ₹10 per ISIN.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
| Monarch Networth | Paytm Money | |
|---|---|---|
| DP Source | CDSL | CDSL |
| DP ID
|
No | 12088800 |
| Demat Account Annual Maintenance Charges(AMC) | ₹500 pa | Zero |
| Advance Deposit | NIL | Nil |
| Statutory charges | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹25 or 0.025% (Whichever is higher) | ₹10 per ISIN |
| Demat | ₹5 per certificate (Min ₹40) + ₹45 courier charges | ₹250 per 100 shares |
| Remat | ₹10 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹45 courier charges | ₹250 per 100 shares |
| Pledge Creation | ₹50 per transaction | ₹32 per ISIN |
| Pledge Creation Confirmation | Nil | Nil |
| Pledge Closure | ₹25 per transaction | ₹32 per ISIN |
| Pledge Closure Confirmation | Nil | Nil |
| Pledge Invocation | ₹25 per transaction | ₹32 per ISIN |
| Failed Instruction Charges | Nil | Nil |
| Other Charges | Nil | Nil |
Compare Monarch Networth with Paytm Money on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
| Monarch Networth | Paytm Money | |
|---|---|---|
| Pay In and Pay Out Options
|
Info Not Available | Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only |
| Payout Time
|
Info Not Available | Max 24 hrs except bank holidays |
| Bank Supported and Charges
|
Info Not Available | Paytm Money allows 190+ Banks. |
| Bank Detail | Info Not Available | Info Not Available |
| Likes |
|
|
| Dislikes |
|
|
| Special Offers/Promo | ||
| Enquiry | Open Zerodha Account Now>> | Open Paytm Money Account Now>> |
Last Updated on 2023-08-27T23:54:07+00:00
