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.
|Broker Type||Full Service Broker||Discount Broker|
|Exchanges Supported||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.|
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 Account Opening Fees||Rs 149||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 400 PA||Rs 400 PA|
|Provide DP Service|
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.
|Plan Types||Monarch Networth||Fyers|
|Account Opening Request|
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||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|
|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|
Compare Monarch Networth with Fyers on transaction charges and PCM fee by segment.
|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|
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 Compare||Monarch Networth||Fyers|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
|Other Features||Trading software terminal: Fast trade||Free Call & trade|
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||Fyers|
|Desktop Trading Platform||FastTrade||Fyers One|
|Desktop Demo||Info Not Available||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://trade.mnclgroup.com||http://webtrader.fyers.in/userMaster/login|
|Web Trading Demo||Info Not Available||Web Trading Demo|
|Mobile Trading App||MNCL Mobile Trader||Fyers Markets|
|Mobile Trading App Demo||Info Not Available||Fyers Markets Demo|
|Android Mobile App|
|Android App Download||Andriod MNCL Mobile Trader Download||Andriod Fyers Markets Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS MNCL Mobile Trader Download||iOS Fyers Markets 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 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|
|12 Customer Reviews||5 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|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|
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||Fyers|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||Health Plan, General Insurance||NIL|
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 Type Compare||Monarch Networth||Fyers|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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.
|Margin Product Compare||Monarch Networth||Fyers|
|Equity Delivery Margin||Info Not Available||No Margin/Leverage for Equity delivery.|
|Equity Intraday Margin||Info Not Available||Up to 16x leverage for equity.|
|Futures Margin||Info Not Available||Up to 4x leverage for equity futures.|
|Options Margin||Info Not Available||Up to 4x for options selling and 1.3x for options buying.|
|Equity CO Margin||Info Not Available||Up to 20x leverage for equity cover order.|
|Futures CO Margin||Info Not Available||Up to 33x leverage for future cover order.|
|Options CO Margin||Info Not Available||Up to 33x leverage for options cover order.|
|Commodity Margin||Info Not Available||Info Not Available|
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 Service Compare||Monarch Networth||Fyers|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||Info Not Available||080 4625 1111|
|Account Opening Process||Info Not Available||Online/Paperless|
|Customer Support Email||Info Not Available||[email protected]|
|Knowledge Center/Education||Info Not Available||https://fyers.in/faqs/|
|Head Office Address||Info Not Available||Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore – 560009
|Website||Info Not Available||https://fyers.in/|
Compare Monarch Networth with Fyers on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Monarch Networth with Fyers on Demat Service and Charges. This section cover about demat charges, demat service and other details
|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|
|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|
Compare Monarch Networth with Fyers on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|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||Info Not Available||Upto 24 Hrs except Bank Holidays.|
|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,
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
SMS Service, Efficient Grievance Handling, free call and trade, tips and recommendations based on quality research, multiple trading products available,free Call & Trade.
Mobile app based trading not available, investment tools missing
|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