Compare 3 Brokers

Monarch Networth Vs Fyers: Which one is better?

The brokerage of Monarch Networth Max .005 to .3% per trade while the brokerage of Fyers ranges between Rs 20. Monarch Networth is a Full Service Broker where Fyers is a Discount Broker. Monarch Networth is having overall lower rating compare to Fyers. Monarch Networth is rated only 3 out of 5 where Fyers is rated 4 out of 5.

Here we present side-by-side comparison of Monarch Networth vs Fyers 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 Fyers'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.

Compare Monarch Networth vs Fyers on Service

  Monarch Networth Compare
Monarch Networth
Fyers Compare
Fyers
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 NSE
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. Fyers Securities is the fresh breeze in the online discount brokerage industry that differentiates themselves from others in line by taking one step ahead by introducing thematic investing, advisory and recommendation services for smart investment.
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 Fyers. 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 Fyers on Trading & Demat Account Opening Charges

In this section we have compared Monarch Networth with Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Fyers offer Free account opening where Monarch Networth charges Rs 149 for account opeing. Demat AMC charges - Both brokers charges Rs 400 PA AMC for Demat Account.

Trading & Demat Account Opening Charges - Compare Monarch Networth with Fyers
Charges Monarch Networth Fyers
Trading Account Opening Fees Rs 149 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA Rs 400 PA
Provide DP Service Yes No
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About Brokerage Plans

Compare Monarch Networth vs Fyers on Plan Options

Plans are the most important feature you look when compare Monarch Networth with Fyers. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  Monarch Networth Fyers
Account Opening Request
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Brokerage Charges

Compare Monarch Networth vs Fyers 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.

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Brokerage Charges - Compare Monarch Networth with Fyers
Brokerage Charges Compare Monarch Networth Fyers
Plan Name Basic Trading Plan (Percentage Based) Max Rs 20 Per Order Trading Plan
Equity Delivery 0.3% or 30 paisa Free
Equity Intraday 0.03% or 3 paisa 0.01% or Rs 20 whichever is lower
Equity Futures 0.03% or 3 paisa 0.01% or Rs 20 whichever is lower
Equity Options Rs 50 Per Lot Flat Fee Rs 20
Currency Futures 0.03% or 3 paisa 0.01% or Rs 20 whichever is lower
Currency Options Rs 50 Per Lot Flat Fee Rs 20
Commodity Trading 0.03% or 3 paisa NA
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available No
Funding Info Not Available No
Call & Trade Charges Info Not Available Rs 20 Per Order
Brokerage Calculator Brokerage Calculator for Monarch Networth Brokerage Calculator for Fyers
SPAN Margin Calculator SPAN Margin Calculator for Monarch Networth SPAN Margin Calculator for Fyers
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Share Broker's Transaction Charges

Compare Monarch Networth vs Fyers on Transaction Charges

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

Transaction Charges - Compare Monarch Networth with Fyers
Transaction Charges Compare Monarch Networth Fyers
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 240 Per Cr
Equity Options Rs 5000 Per Cr Rs 5900 Per Cr
Currency Futures Rs 110 Per Cr Rs 175 Per Cr
Currency Options Rs 4000 Per Cr Rs 6500 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 fyers
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Account Features

Compare Monarch Networth vs Fyers on Account Features

Compare Monarch Networth with Fyers 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 tradig/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Monarch Networth offers margin funding where Fyers doesn't offers margin funding. NRI Trading - Monarch Networth offers NRI where Fyers doesn't offers NRI Trading.

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

Compare Monarch Networth vs Fyers on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Monarch Networth and Fyers. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare Monarch Networth with Fyers
Trading Platform Compare Monarch Networth Fyers
Desktop Trading Platform FastTrade Fyers One
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.mnclgroup.com http://webtrader.fyers.in/userMaster/login
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App MNCL Mobile Trader Fyers Markets
Mobile Trading App Demo Info Not Available Fyers Markets Demo
Android Mobile App Yes Yes
Android App Download Andriod MNCL Mobile Trader Download Andriod Fyers Markets Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS MNCL Mobile Trader Download iOS Fyers Markets 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 Fyers
Futures Brokerage Calculator Futures Brokerage Calculator for Monarch Networth Futures Brokerage Calculator for Fyers
Options Brokerage Calculator Options Brokerage Calculator for Monarch Networth Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for monarch-networth-capital Detail on Trading Platforms for fyers

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Broker Ratings by Users

Compare Monarch Networth vs Fyers on User Rating

  Monarch Networth Fyers
  12 Customer Reviews    Rate Monarch Networth 5 Customer Reviews    Rate Fyers
Fees Ratings 2.8 3.4
Trading Brokerage Rating 3.0 3.8
Trading Platform Usability 3.3 4.2
Customer Service Ratings 3.2 4.0
Overall Ratings Rated 3.3 stars Rated 3.8 stars
Broker Rating Monarch Networth is Rated 3.3 / 5 based on 12 customer reviews Fyers is Rated 3.8 / 5 based on 5 customer reviews
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Investment Offerings

Compare Monarch Networth vs Fyers on Investment Offerings

Compare Monarch Networth with Fyers 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 brokers 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 Fyers doesn't offer. Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Monarch Networth with Fyers
Investment Offerings Compare Monarch Networth Fyers
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes No
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 No
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 Fyers on Order Types

Order Type - Compare Monarch Networth with Fyers on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Fyers 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) - Fyers 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 facility. The orders are send to exchange on the next trading day. GTC Orders- Fyers offers Good Till Cancelled (GTC) orders where Monarch Networth doesn't support Good Till Cancelled (GTC) orders.

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

Compare Monarch Networth vs Fyers on Margin/Leverage

Comapre Monarch Networth with Fyers on Exposure/Margin offered by 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 Fyers
Margin Product Compare Monarch Networth Fyers
Equity Delivery Margin Monarch Networth vs Fyers - Equity Delivery Margin Info Not Available No Margin/Leverage for Equity delivery.
Equity Intraday Margin Monarch Networth vs Fyers - Equity Intraday Margin Info Not Available Up to 16x leverage for equity.
Futures Margin Monarch Networth vs Fyers - Futures Margin Info Not Available Up to 4x leverage for equity futures.
Options Margin Monarch Networth vs Fyers - Options Margin Info Not Available Up to 4x for options selling and 1.3x for options buying.
Equity CO Margin Monarch Networth vs Fyers - Equity CO Margin Info Not Available Up to 20x leverage for equity cover order.
Futures CO Margin Monarch Networth vs Fyers - Futures CO Margin Info Not Available Up to 33x leverage for future cover order.
Options CO Margin Monarch Networth vs Fyers - Options CO Margin Info Not Available Up to 33x leverage for options cover order.
Commodity Margin Monarch Networth vs Fyers - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare Monarch Networth vs Fyers on Customer Service

Compare Monarch Networth with Fyers on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Monarch Networth with Fyers
Customer Service Compare Monarch Networth Fyers
24/7 Customer Service Monarch Networth vs Fyers - 24x7 customer support No No
Email Support Monarch Networth vs Fyers - Email Support Yes Yes
Onine Live Chat Monarch Networth vs Fyers - Onine Live Chat No No
Phone Support Monarch Networth vs Fyers - Phone Support Yes Yes
Toll Free Number Monarch Networth vs Fyers - Toll Free Number No No
Through Branches Monarch Networth vs Fyers - Through Branches Yes No
Customer Care Number Monarch Networth vs Fyers - Customer Care Number Info Not Available 080 4625 1111
Account Opening Process Monarch Networth vs Fyers - Account Opening Process Info Not Available Online/Paperless
Customer Support Email Monarch Networth vs Fyers - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education Monarch Networth vs Fyers - Knowledge Center/Education Info Not Available https://fyers.in/faqs/
Head Office Address Monarch Networth vs Fyers - Head Office Address/Corporate Address Info Not Available Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore 560009
Website Monarch Networth vs Fyers - Company Website Info Not Available https://fyers.in/
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Tips/Research/Reports Published

Compare Monarch Networth vs Fyers on Research Reports, Tips

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

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

Compare Monarch Networth vs Fyers on Demat Account

Compare Monarch Networth with Fyers on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Monarch Networth with Fyers
  Monarch Networth Fyers
DP Source CDSL CDSL
DP ID Monarch Networth vs Fyers - DP ID No Info Not Available
Demat Account Annual Maintenance Charges(AMC) 1. Account Maintenance Charge Rs. 400/- p.a. & Account Maintenance Charges Rs. 1500/- for Coporates. 2. No Account facilitation Charges for 2500 DEPOSIT scheme (Other than Corporate) 400 - Individual, 500 - Non Individual
Advance Deposit NIL NIL
Statutory charges NIL NIL
Transaction Charges on Debit (Per ISIN) 1. Market transfer to NSBL pool account Rs 15/-. 2. Offmarket transfer to NSBL DP accounts Rs.15/- per transaction. 3. Market /Offmarket transfer to accounts other than NSBL DP - Rs.25/- per transaction. Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders]
Demat Rs.5/- per certificate with min Rs.40/- per request + Rs. 45/- courier charges per request 2 per certificate + Rs.35 courier charges
Remat Rs. 45/- Postage Charges + Rs. 10/- Per 100 Securities / Rs.20/- Per Certificate whichever is higher, Maximum 500000/- Rs 25
Pledge Creation Rs.25/- Per Instruction 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Creation Confirmation NIL 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Closure Rs.25/- Per Instruction 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Closure Confirmation NIL 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Invocation Rs. 5/- Per Instruction 0.02% of the transaction value subject to a minimum of Rs 50 + depository charges at actually
Failed Instruction Charges NIL Rs 30 per transaction
Other Charges Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request

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Special Offers,Advantages,Disadvantages

Compare Monarch Networth vs Fyers on Special Offers and Promotion

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

Compare Monarch Networth vs Fyers on Special Offers and Promotion
  Monarch Networth Fyers
Pay In and Pay Out Options Monarch Networth vs Fyers - 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 Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Monarch Networth vs Fyers - Payout Time Info Not Available Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Monarch Networth vs Fyers - Bank Supported and Charges Info Not Available 21+ bank connected via payment gatway, Rs 10 fee for per transaction.
Bank Detail Info Not Available Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
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...

  1. Investment in mutual funds and advice on investment.
  2. Fyers trading and demat account opening is free and no minimum balance is required to open the account.
  3. In house and unique portfolio investment for new entrants in market called thematic investing at Rs 100 per theme.
  4. Detail Review...

Dislikes

Mobile app based trading not available, investment tools missing

Detail Review...

  1. Trading can be done on NSE only.
  2. No own DP service,they have tie-up with IL&FS for demat services.
  3. Automated trading, bracket and cover orders are not available.
  4. DP charges on selling is higher compared to other discount brokers.

Detail Review...

Special Offers/Promo Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage) + Rs 20 Max Trade in all other segments.
Enquiry Enquire about Monarch Networth Enquire about Fyers

Last Updated on 2019-07-11T23:31:39+00:00







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