The brokerage of Monarch Networth ranges between .005 to .3% while the brokerage of Kotak Securities ranges between .049 to .49%. Both the brokers are Full Service brokers. Monarch Networth is having overall lower rating compare to Kotak Securities. Monarch Networth is rated only 3 out of 5 where Kotak Securities is rated 4 out of 5.
Here we present side-by-side comparison of Monarch Networth vs Kotak Securities 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 Kotak Securities'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||Full Service Broker|
|Exchanges Supported||BSE, NSE, MCX-SX. NCDEX||BSE, NSE, MCX-SX, MCX, NCDEX|
|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.||Kotak Securities Limited is a leading brokerage, distribution and financial services company. Its major business comes from stock brokerage service for investors and traders.|
In this section we have compared Monarch Networth with Kotak Securities on trading & demat account opening charges and AMC. Trading account opening charges - Monarch Networth charges Rs 149 for account opening where Kotak Securities charges Rs 750 for account opeing. Demat AMC charges - Monarch Networth charges Rs 400 PA AMC for Demat account where Kotak Securities charges Rs 600 PA AMC for Demat account.
|Charges||Monarch Networth||Kotak Securities|
|Trading Account Opening Fees||Rs 149||Rs 750|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 400 PA||Rs 600 PA|
|Provide DP Service|
Plans are the most important feature you look when compare Monarch Networth with Kotak Securities. 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||Kotak Securities|
|Monarch Networth||Kotak Securities|
|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.
Kotak Securities Brokerage Plan detail - This plan suits newbies as the brokerage is fixed irrespective of the volume of trade. Call & Trade facility is free for first 20 calls. From the 21st call, Rs 20 per call is charged. Not suited for Option Trading as brokerage is really high for it.
|Brokerage Charges Compare||Monarch Networth||Kotak Securities|
|Plan Name||Basic Trading Plan (Percentage Based)||Fixed Brokerage Trading Plan (Percentage Based)|
|Equity Delivery||0.3% or 30 paisa||0.49% or 49 paisa|
|Equity Intraday||0.03% or 3 paisa||0.049% or 5 paisa|
|Equity Futures||0.03% or 3 paisa||0.049% or 5 paisa|
|Equity Options||Rs 50 Per Lot||Rs 300 Per Lot|
|Currency Futures||0.03% or 3 paisa||.02% or Rs. 10 per lot whichever is higher|
|Currency Options||Rs 50 Per Lot||Rs 10 Per Lot|
|Commodity Trading||0.03% or 3 paisa||NA|
|Minimum Brokerage||Rs 21 per executed order|
|Hidden Charges||Info Not Available||No|
|Funding||Info Not Available||Yes - 18% interest PA|
|Call & Trade Charges||Info Not Available||20 calls Free and after that Rs 20 per call|
|Brokerage Calculator||Brokerage Calculator for Monarch Networth||Brokerage Calculator for Kotak Securities|
|SPAN Margin Calculator||SPAN Margin Calculator for Monarch Networth||SPAN Margin Calculator for Kotak Securities|
Compare Monarch Networth with Kotak Securities on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Monarch Networth||Kotak Securities|
|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 190 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 5000 Per Cr|
|Currency Futures||Rs 110 Per Cr||Rs 110 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 4000 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 kotak-securities|
Compare Monarch Networth with Kotak Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak Securities offers 3-in-1 account where Monarch Networth offers only 2-in-1 account which includes trading and demat account. Algo Trading - Monarch Networth offers Algo Trading where Kotak Securities doesn't offers Algo Trading. Margin Funding - Monarch Networth offers margin funding where Kotak Securities doesn't offers margin funding. NRI Trading - both brokers provides NRI Trading facility.
|Account Features Compare||Monarch Networth||Kotak Securities|
|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||Trading software terminal: Keat Pro X|
With our expert research team, we have compared all the major features of Trading platform b/w Monarch Networth and Kotak Securities. 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||Kotak Securities|
|Desktop Trading Platform||FastTrade||KEAT Pro X|
|Desktop Demo||Info Not Available||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://trade.mnclgroup.com||https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat|
|Web Trading Demo||Info Not Available||Web Trading Demo|
|Mobile Trading App||MNCL Mobile Trader||Kotak Stock Trader|
|Mobile Trading App Demo||Info Not Available||Kotak Stock Trader Demo|
|Android Mobile App|
|Android App Download||Andriod MNCL Mobile Trader Download||Andriod Kotak Stock Trader Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS MNCL Mobile Trader Download||iOS Kotak Stock Trader Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Info Not Available||Yes, DirectTrade - Rs 2999 PA|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Monarch Networth||Equity Intraday and Delivery Brokerage Calculator for Kotak Securities|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Monarch Networth||Futures Brokerage Calculator for Kotak Securities|
|Options Brokerage Calculator||Options Brokerage Calculator for Monarch Networth||Options Brokerage Calculator for Kotak Securities|
|Detail||Detail on Trading Platforms for monarch-networth-capital||Detail on Trading Platforms for kotak-securities|
|Monarch Networth||Kotak Securities|
|12 Customer Reviews||79 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||Kotak Securities is Rated 2.8 / 5 based on 79 customer reviews|
Compare Monarch Networth with Kotak Securities 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 Kotak Securities 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||Kotak Securities|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||Health Plan, General Insurance|
Order Type - Compare Monarch Networth with Kotak Securities 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) - Kotak Securities 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) - Kotak Securities 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- Kotak Securities offers Good Till Cancelled (GTC) orders where Monarch Networth doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Monarch Networth||Kotak Securities|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre Monarch Networth with Kotak Securities 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||Kotak Securities|
|Equity Delivery Margin||Info Not Available||Upto 5x via Margin Funding.|
|Equity Intraday Margin||Info Not Available||Upto 7x leverage for equity vis script multiple, 3x for margin funding.|
|Futures Margin||Info Not Available||Upto 7x leverage for equity vis script multiple, 3x for margin funding.|
|Options Margin||Info Not Available||Upto 2x margin for Options shorting, No leverage for option buying.|
|Equity CO Margin||Info Not Available||Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple.|
|Futures CO Margin||Info Not Available||Upto 50x margin/leverage in CO via Super Multiple.|
|Options CO Margin||Info Not Available||Info Not Available|
|Commodity Margin||Info Not Available||Info Not Available|
Compare Monarch Networth with Kotak Securities 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||Kotak Securities|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||Info Not Available||18002099191/1800222299/18002099292|
|Account Opening Process||Info Not Available||Offline|
|Customer Support Email||Info Not Available||[email protected]|
|Knowledge Center/Education||Info Not Available||https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs|
|Head Office Address||Info Not Available||27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
|Website||Info Not Available||https://www.kotaksecurities.com|
Compare Monarch Networth with Kotak Securities on research reports and tips provided by broker.
|Monarch Networth||Kotak Securities|
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Monarch Networth with Kotak Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Monarch Networth||Kotak Securities|
|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)||Individual (Resident)-RESIDENT -Rs. 65 pm for upto 10 debit transactions. Rs.50 pm for 11 to 30 debit transactions. Rs. 35 pm for more than 30 debit transactions. (Plus applicable taxes) NRI-Rs.75/- pm Corporate (Resident)-Rs 100/- pm Corporate (NRI)-Rs.125/-pm AMC Charges for BSDA Account Rs. 100/- per annum (if DP value is more than Rs. 50,000/- and less than 2 lacs) Zero (if DP value is less than Rs. 50,000/-)|
|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.||Individual: For Regular ( Non BSDA Accounts ) On Market /Off Market 0.04% of the value of securities or Minimum Rs. 27(Plus CDSL charges as applicable + applicable taxes). For BSDA Accounts On Market /Off Market 0.06% of the value of securities or Minimum Rs. 44.50 (Plus CDSL charges as applicable + applicable taxes) Corporate :- On Market /Off Market 0.04% of the value of securities or Minimum Rs. 27(Plus CDSL charges as applicable + applicable taxes).|
|Demat||Rs.5/- per certificate with min Rs.40/- per request + Rs. 45/- courier charges per request||Individual Rs.3/- per certificate plus Rs. 50/- per request Corporate:- Rs.3/- per certificate plus RS. 50/- per request.|
|Remat||Rs. 45/- Postage Charges + Rs. 10/- Per 100 Securities / Rs.20/- Per Certificate whichever is higher, Maximum 500000/-||Individual Rs.10/- for 100 shares. Minimum Payable Rs. 15/- Corporate Rs.10/- for 100 shares Minimum Payable Rs. 15/-|
|Pledge Creation||Rs.25/- Per Instruction||Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/-|
|Pledge Creation Confirmation||NIL||Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/-|
|Pledge Closure||Rs.25/- Per Instruction||Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/-|
|Pledge Closure Confirmation||NIL||Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/-|
|Pledge Invocation||Rs. 5/- Per Instruction||Individual 0.04% of the value of securities Minimum Rs 30/- Corporate 0.04% of the value of securities Minimum Rs 30/-|
|Failed Instruction Charges||NIL||Nil|
Compare Monarch Networth with Kotak Securities on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|Monarch Networth||Kotak Securities|
|Pay In and Pay Out Options||Info Not Available||Pay-in/adding funds - Cheque, Online Bank Transfer from Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank).
Pay-out/Fund Withdrawal - Bank Transfer only.
|Payout Time||Info Not Available||Upto 24 Hrs except Bank Holidays. Instance fund transfer with Kotak Mahindra Bank.|
|Bank Supported and Charges||Info Not Available||(ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank|
|Bank Detail||Info Not Available||Direct from your Kotak Mahindra bank account.|
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 Kotak Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.|
|Enquire about Monarch Networth||Enquire about Kotak Securities|
Last Updated on 2019-06-23T23:14:53+00:00