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Monarch Networth Vs SAMCO: 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 SAMCO ranges between Rs 20. Monarch Networth is a Full Service Broker where SAMCO is a Discount Broker. Monarch Networth is having overall lower rating compare to SAMCO. Monarch Networth is rated only 3 out of 5 where SAMCO is rated 4 out of 5. Number of active customer for SAMCO is 70,369 where number of active customer for Monarch Networth is 55,152. SAMCO is serving more customer compare to Monarch Networth.

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

	Monarch Networth	SAMCO
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Full Service Broker	Discount Broker
Exchanges Supported	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX
Active Clients	55,152	70,369
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.	Rs. 20/order ultra-low brokerage, free Giga engine powered StockNote App & Web trading platform and unique leverage products make SAMCO one of the best discount brokers for traders. Also, get stock and mutual fund research on StockBasket and Rank...
Broker Enquiry

Account Opening Charges and AMC

Compare Monarch Networth vs SAMCO on Trading & Demat Account Opening Charges

Comparison of Monarch Networth with SAMCO 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 SAMCO charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Monarch Networth with SAMCO

Charges	Monarch Networth	SAMCO
Trading Account Opening Fees	Free	Free
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 SAMCO on Plan Options

Plans are the most important feature you look when compare Monarch Networth with SAMCO. 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 SAMCO on Plan Options

Plan Types	Monarch Networth	SAMCO
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

Brokerage Charges

Compare Monarch Networth vs SAMCO 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%.

SAMCO Brokerage Plan detail - Trade in any segment in just Rs 20 per executable order, No size restriction,No Hidden charges.

Share Broker's Transaction Charges

Compare Monarch Networth vs SAMCO on Transaction Charges

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

Account Features

Compare Monarch Networth vs SAMCO on Account Features

Compare Monarch Networth with SAMCO 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 SAMCO

Account Features Compare	Monarch Networth	SAMCO
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 SAMCO on Trading Platform

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

Trading Platform Compare	Monarch Networth	SAMCO
Desktop Trading Platform	FastTrade	SAMCO Trader
Desktop Demo	Info Not Available	Desktop Demo
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detail	https://trade.mnclgroup.com	https://trade.samco.in/Samruddi/Login/indexauth.jsp
Web Trading Demo	Info Not Available	Web Trading Demo
Mobile Site
Mobile Trading
Mobile Trading App	MNCL Mobile Trader	StockNote
Mobile Trading App Demo	Info Not Available	StockNote Demo
Android Mobile App
Android App Download	Andriod MNCL Mobile Trader Download	Andriod StockNote Download
iPhone Mobile App (IOS)
iOS App Download	iOS MNCL Mobile Trader Download	iOS StockNote 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 SAMCO
Futures Brokerage Calculator	Futures Brokerage Calculator for Monarch Networth	Futures Brokerage Calculator for SAMCO
Options Brokerage Calculator	Options Brokerage Calculator for Monarch Networth	Options Brokerage Calculator for SAMCO
Detail	Detail on Trading Platforms for monarch-networth-capital	Detail on Trading Platforms for samco

Broker Ratings by Users

Compare Monarch Networth vs SAMCO on User Rating

	Monarch Networth	SAMCO
	12 Customer Reviews	31 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	Monarch Networth is Rated 3.3 / 5 based on 12 customer reviews	SAMCO is Rated 4.2 / 5 based on 31 customer reviews

Investment Offerings

Compare Monarch Networth vs SAMCO on Investment Offerings

Compare Monarch Networth with SAMCO 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 SAMCO

Investment Offerings Compare	Monarch Networth	SAMCO
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 SAMCO on Order Types

Order Type - Compare Monarch Networth with SAMCO 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) - SAMCO 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) - SAMCO 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 SAMCO

Order Type Compare	Monarch Networth	SAMCO
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 SAMCO on Customer Service

Compare Monarch Networth with SAMCO 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 SAMCO

Customer Service Compare	Monarch Networth	SAMCO
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	022-43211800 /079-26666500	022-2222-7777/022-4503-0450
Account Opening Process	Info Not Available	Online/Paperless
Customer Support Email	[email protected]	[email protected]
Knowledge Center/Education	Info Not Available	https://www.samco.in/knowledge-center/
Head Office Address	Info Not Available	SAMCO Securities Limited 1004 - A, 10th Floor, Naman Midtown - A Wing, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013, Maharashtra, India.
Website	https://www.mnclgroup.com/	https://www.samco.in/

Tips/Research/Reports Published

Compare Monarch Networth vs SAMCO on Research Reports, Tips

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

Research Reports - Compare Monarch Networth with SAMCO

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

Demat Account

Compare Monarch Networth vs SAMCO on Demat Account

Compare Monarch Networth with SAMCO 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 SAMCO 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 SAMCO is ₹10.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 SAMCO

	Monarch Networth	SAMCO
DP Source	CDSL	CDSL
DP ID	No	54200
Demat Account Annual Maintenance Charges(AMC)	₹500 pa	₹400 pa
Advance Deposit	NIL	NIL
Statutory charges	Nil	Stamp Charges
Transaction Charges on Debit (Per ISIN)	₹25 or 0.025% (Whichever is higher)	₹10
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	CDSL charges + ₹50 courier charges
Pledge Creation	₹50 per transaction	₹25 per transaction
Pledge Creation Confirmation	Nil	Nil
Pledge Closure	₹25 per transaction	₹25 per transaction
Pledge Closure Confirmation	Nil	Nil
Pledge Invocation	₹25 per transaction	₹25 per transaction
Failed Instruction Charges	Nil	Nil
Other Charges	Nil	Nil

Special Offers,Advantages,Disadvantages

Compare Monarch Networth vs SAMCO on Special Offers and Promotion

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

Compare Monarch Networth vs SAMCO on Special Offers and Promotion

	Monarch Networth	SAMCO
Pay In and Pay Out Options	Info Not Available	pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking/Payment Gateway from SAMCO trader or Back Office 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	Around 24 banks allow instant credit facility(Payment Gateway) with charges of Rs 6 from Samco trading platform (StockNote/SAMCO Star).
Bank Detail	Info Not Available	Samco Securities Limited, Account Number: ZSAMCODDXXXX Bank and Branch: Indusind Bank, Fort Branch, Mumbai Account Type: Current Account IFSC Code: INDB0000033
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...	Trade and invest with SAMCO at flat Rs. 20/order brokerage. Giga trading engine powered next-gen mobile app and trading tools. Zero brokerage mutual fund investment. Get upto 4x leverage/margin in the equity cash segment. Get margin against your holdings on StockPlus. SAMCO offers BTPT (Buy Today, Pay Tomorrow) facility. Equity SIP: Set up a stock SIP on the Stock Note App. Place advanced orders like bracket order, cover order, and after market order. Place a GTT order on Stock Note app with lifetime validity. Get 100% brokerage cashback for the 1st Free stock market learning course for beginners. Very low payment gateway charges of just Rs. 6 + GST. Zero hidden charges. 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...	SAMCO does not provide direct mutual funds. You cannot open a 3-in-1 account with SAMCO. NRI cannot open SAMCO NRI Demat & Trading Account. Delivery trading in SAMCO is not free. No monthly trading plans. High Demat maintenance charges of Rs. 400 per year. Detail Review...
Special Offers/Promo
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