FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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 Espresso Sharekhan ranges between Rs 20. Monarch Networth is a Full Service Broker where Espresso Sharekhan is a Discount Broker. Monarch Networth is having overall lower rating compare to Espresso Sharekhan. Monarch Networth is rated only 3 out of 5 where Espresso Sharekhan is rated 4 out of 5. Number of active customer for Monarch Networth is 58,113 where number of active customer for Espresso Sharekhan is 20,604. Monarch Networth is serving more customer compare to Espresso Sharekhan.
Here we present side-by-side comparison of Monarch Networth vs Espresso Sharekhan 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 Espresso Sharekhan'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 Espresso Sharekhan 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 Espresso Sharekhan'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.
Comparison of Monarch Networth with Espresso Sharekhan on trading & demat account opening charges and AMC. Trading account opening charges - Monarch Networth offer Free account opening where Espresso Sharekhan charges Rs. 354 (Free for limited time) for account opening. Demat AMC charges - Monarch Networth charges Rs 225 PA AMC for Demat account where Espresso Sharekhan charges Rs. 400 PA AMC for Demat account.
Charges | Monarch Networth | Espresso Sharekhan |
---|---|---|
Trading Account Opening Fees | Free | Rs. 354 (Free for limited time) |
Trading AMC | Free | Free |
Demat Account Opening Fees | Free | Free |
Demat AMC | Rs 225 PA | Rs. 400 PA |
Provide DP Service |
Plans are the most important feature you look when compare Monarch Networth with Espresso Sharekhan. 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 | Espresso Sharekhan |
---|---|---|
Multiple Plans | ||
Monthly Plans | ||
Yearly Plans |
Zerodha | Espresso Sharekhan | |
---|---|---|
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%.
Espresso Sharekhan Brokerage Plan detail - Pay only when you profit is a flat brokerage plan that offers free delivery trading and charges Max Rs. 20 per order brokerage on equity intraday, F&O, commodity, and currency only in case of profit. There will be NIL brokerage fee in case of loss.
Brokerage Charges Compare | Monarch Networth | Espresso Sharekhan |
---|---|---|
Plan Name | Basic Trading Plan (Percentage Based) | Pay Only When You Profit |
Equity Delivery | 0.30% | Free |
Equity Intraday | 0.03% | 0.03% or Rs 20 whichever is lower |
Equity Futures | 0.03% | 0.03% or Rs 20 whichever is lower |
Equity Options | Rs 100 per lot | Flat Fee Rs 20 |
Currency Futures | 0.03% | 0.03% or Rs 20 whichever is lower |
Currency Options | Rs 100 per lot | Flat Fee Rs 20 |
Commodity Trading | Rs 100 per lot | 0.03% or Rs 20 whichever is lower |
Minimum Brokerage | NIL | NIL |
Hidden Charges | Info Not Available | No |
Funding | Info Not Available | Info Not Available |
Call & Trade Charges | NA | Rs. 50 + GST per order placed through dealing desk |
Auto Square off Charges | NA | Rs. 50 + GST per order placed through dealing desk |
Brokerage Calculator | Brokerage Calculator for Monarch Networth | Brokerage Calculator for Espresso Sharekhan |
Compare Monarch Networth with Espresso Sharekhan on transaction charges and PCM fee by segment.
Transaction Charges Compare | Monarch Networth | Espresso Sharekhan |
---|---|---|
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 | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr |
Brokerage Charges | Complete Brokerage Plans for monarch-networth-capital | Complete Brokerage Plans for espresso-sharekhan |
Compare Monarch Networth with Espresso Sharekhan 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 Espresso Sharekhan doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Monarch Networth offers NRI where Espresso Sharekhan doesn't offers NRI Trading.
Account Features Compare | Monarch Networth | Espresso Sharekhan |
---|---|---|
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 | 3:15 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 Espresso Sharekhan. 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 | Espresso Sharekhan |
---|---|---|
Desktop Trading Platform | FastTrade | Espresso |
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.myespresso.com/trading/login |
Web Trading Demo | Info Not Available | Web Trading Demo |
Mobile Site | ||
Mobile Trading | ||
Mobile Trading App | MNCL Mobile Trader | Espresso Mobile App |
Mobile Trading App Demo | Info Not Available | Espresso Mobile App Demo |
Android Mobile App | ||
Android App Download | Andriod MNCL Mobile Trader Download | Andriod Espresso Mobile App Download |
iPhone Mobile App (IOS) | ||
iOS App Download | iOS MNCL Mobile Trader Download | iOS Espresso Mobile App 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 Espresso Sharekhan |
Futures Brokerage Calculator | Futures Brokerage Calculator for Monarch Networth | Futures Brokerage Calculator for Espresso Sharekhan |
Options Brokerage Calculator | Options Brokerage Calculator for Monarch Networth | Options Brokerage Calculator for Espresso Sharekhan |
Detail | Detail on Trading Platforms for monarch-networth-capital | Detail on Trading Platforms for espresso-sharekhan |
Compare Monarch Networth with Espresso Sharekhan 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 - Monarch Networth offers online mutual fund investment option where Espresso Sharekhan doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
Investment Offerings Compare | Monarch Networth | Espresso Sharekhan |
---|---|---|
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 | SGB, Buyback, IPO |
Order Type - Compare Monarch Networth with Espresso Sharekhan 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) - Espresso Sharekhan 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- Espresso Sharekhan offers Good Till Cancelled (GTC) orders where Monarch Networth doesn't support Good Till Cancelled (GTC) orders.
Order Type Compare | Monarch Networth | Espresso Sharekhan |
---|---|---|
CNC order | ||
MIS order | ||
NRML order | ||
Cover order | ||
Bracket order | ||
AMO-After Market Orders | ||
GTC-Good Till Cancelled |
Compare Monarch Networth with Espresso Sharekhan 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 | Espresso Sharekhan |
---|---|---|
24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Through Branches | ||
Customer Care Number | 022-43211800 /079-26666500 | 022 6767 0700 |
Account Opening Process | Info Not Available | 100% online/paperless |
Customer Support Email | [email protected] | [email protected] |
Knowledge Center/Education | Info Not Available | https://www.myespresso.com/the-espresso-blog |
Head Office Address | Info Not Available | Sharekhan Comtrade Private Limited Lodha iThink Techno Campus, 10th Floor, Beta Building, Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East), Mumbai - 400 042, Maharashtra. |
Website | https://www.mnclgroup.com/ | https://www.myespresso.com/ |
Compare Monarch Networth with Espresso Sharekhan on research reports and tips provided by the broker.
Compare Monarch Networth with Espresso Sharekhan 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 Espresso Sharekhan 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 Espresso Sharekhan is 0.03% (Min ₹30) + ₹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
Compare Monarch Networth with Espresso Sharekhan on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
Monarch Networth | Espresso Sharekhan | |
---|---|---|
Pay In and Pay Out Options | Info Not Available | Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Expresso Pay-out/Fund Withdrawal - Bank Transfer only |
Payout Time | Info Not Available | Max 24 hrs except for bank holidays |
Bank Supported and Charges | Info Not Available | Around 31 banks allow instant credit facility with charges of Rs 9 + GST |
Bank Detail | Info Not Available | |
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Special Offers/Promo | ||
Enquiry | Open Zerodha Account Now>> | Open Espresso Sharekhan Account Now>> |
Last Updated on 2023-08-27T23:54:07+00:00