Monarch Networth Vs Kotak Securities: Which one is better?

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.

Compare Monarch Networth vs Kotak Securities on Service

  Monarch Networth Compare
Monarch Networth
Kotak Securities Compare
Kotak Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? 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.
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 Kotak Securities. 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 Kotak Securities on Trading & Demat Account Opening Charges

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.

Trading & Demat Account Opening Charges - Compare Monarch Networth with Kotak Securities
Charges Monarch Networth Kotak Securities
Trading Account Opening Fees Rs 149 Rs 750
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA Rs 600 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Monarch Networth vs Kotak Securities on Plan Options

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.

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

Account Opening

  Monarch Networth Kotak Securities
Account Opening Request
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Brokerage Charges

Compare Monarch Networth vs Kotak Securities 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.

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 with Kotak Securities
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
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Share Broker's Transaction Charges

Compare Monarch Networth vs Kotak Securities on Transaction Charges

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

Transaction Charges - Compare Monarch Networth with Kotak Securities
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
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Account Features

Compare Monarch Networth vs Kotak Securities on Account Features

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 - Monarch Networth with Kotak Securities
Account Features Compare Monarch Networth Kotak Securities
3 in 1 Account No Monarch Networth have 2-in-1 account. Only Demate and Trading account. Yes, Monarch Networth have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
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 Yes
Other Features Trading software terminal: Fast trade Trading software terminal: Keat Pro X
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Trading Platform

Compare Monarch Networth vs Kotak Securities on Trading Platform

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 with Kotak Securities
Trading Platform Compare Monarch Networth Kotak Securities
Desktop Trading Platform FastTrade KEAT Pro X
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 https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App MNCL Mobile Trader Kotak Stock Trader
Mobile Trading App Demo Info Not Available Kotak Stock Trader Demo
Android Mobile App Yes Yes
Android App Download Andriod MNCL Mobile Trader Download Andriod Kotak Stock Trader Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS MNCL Mobile Trader Download iOS Kotak Stock Trader Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
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

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Broker Ratings by Users

Compare Monarch Networth vs Kotak Securities on User Rating

  Monarch Networth Kotak Securities
  12 Customer Reviews    Rate Monarch Networth 79 Customer Reviews    Rate Kotak Securities
Fees Ratings 2.8 2.6
Trading Brokerage Rating 3.0 2.7
Trading Platform Usability 3.3 3.2
Customer Service Ratings 3.2 3.1
Overall Ratings Rated 3.3 stars Rated 2.8 stars
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
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Investment Offerings

Compare Monarch Networth vs Kotak Securities on Investment Offerings

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 with Kotak Securities
Investment Offerings Compare Monarch Networth Kotak Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes No
Online IPO Application No Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No Yes
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No Yes
PMS Service No No
Other Investment Options Health Plan, General Insurance
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Order Types

Compare Monarch Networth vs Kotak Securities on Order Types

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 Types - Compare Monarch Networth with Kotak Securities
Order Type Compare Monarch Networth Kotak Securities
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 Kotak Securities on Margin/Leverage

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.

Exposure/margin - Compare Monarch Networth with Kotak Securities
Margin Product Compare Monarch Networth Kotak Securities
Equity Delivery Margin Monarch Networth vs Kotak Securities - Equity Delivery Margin Info Not Available Upto 5x via Margin Funding.
Equity Intraday Margin Monarch Networth vs Kotak Securities - Equity Intraday Margin Info Not Available Upto 7x leverage for equity vis script multiple, 3x for margin funding.
Futures Margin Monarch Networth vs Kotak Securities - Futures Margin Info Not Available Upto 7x leverage for equity vis script multiple, 3x for margin funding.
Options Margin Monarch Networth vs Kotak Securities - Options Margin Info Not Available Upto 2x margin for Options shorting, No leverage for option buying.
Equity CO Margin Monarch Networth vs Kotak Securities - Equity CO Margin Info Not Available Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple.
Futures CO Margin Monarch Networth vs Kotak Securities - Futures CO Margin Info Not Available Upto 50x margin/leverage in CO via Super Multiple.
Options CO Margin Monarch Networth vs Kotak Securities - Options CO Margin Info Not Available Info Not Available
Commodity Margin Monarch Networth vs Kotak Securities - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare Monarch Networth vs Kotak Securities on Customer Service

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 Support - Compare Monarch Networth with Kotak Securities
Customer Service Compare Monarch Networth Kotak Securities
24/7 Customer Service Monarch Networth vs Kotak Securities - 24x7 customer support No No
Email Support Monarch Networth vs Kotak Securities - Email Support Yes Yes
Onine Live Chat Monarch Networth vs Kotak Securities - Onine Live Chat No Yes
Phone Support Monarch Networth vs Kotak Securities - Phone Support Yes Yes
Toll Free Number Monarch Networth vs Kotak Securities - Toll Free Number No Yes
Through Branches Monarch Networth vs Kotak Securities - Through Branches Yes Yes
Customer Care Number Monarch Networth vs Kotak Securities - Customer Care Number Info Not Available 18002099191/1800222299/18002099292
Account Opening Process Monarch Networth vs Kotak Securities - Account Opening Process Info Not Available Offline
Customer Support Email Monarch Networth vs Kotak Securities - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education Monarch Networth vs Kotak Securities - Knowledge Center/Education Info Not Available https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs
Head Office Address Monarch Networth vs Kotak Securities - Head Office Address/Corporate Address Info Not Available 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Website Monarch Networth vs Kotak Securities - Company Website Info Not Available https://www.kotaksecurities.com
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Tips/Research/Reports Published

Compare Monarch Networth vs Kotak Securities on Research Reports, Tips

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

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

Compare Monarch Networth vs Kotak Securities on Demat Account

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

Demat Charges - Compare Monarch Networth with Kotak Securities
  Monarch Networth Kotak Securities
DP Source CDSL CDSL
DP ID Monarch Networth vs Kotak Securities - DP ID No 49200
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/-)
Advance Deposit NIL NA
Statutory charges NIL NA
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
Other Charges Nil

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Special Offers,Advantages,Disadvantages

Compare Monarch Networth vs Kotak Securities on Special Offers and Promotion

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

Compare Monarch Networth vs Kotak Securities on Special Offers and Promotion
  Monarch Networth Kotak Securities
Pay In and Pay Out Options Monarch Networth vs 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 Monarch Networth vs Kotak Securities - Payout Time Info Not Available Upto 24 Hrs except Bank Holidays. Instance fund transfer with Kotak Mahindra Bank.
Bank Supported and Charges Monarch Networth vs Kotak Securities - 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.
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...

  • 3 in 1 Account.
  • News and market updates, portfolio tracker, Research Reports, SMS Alerts.
  • Robust trading software KEAT Pro.
  • After Market Orders (AMO), good till cancel order (GTC) and Buy Now Sell Tomorrow.

Detail Review...

Dislikes

Mobile app based trading not available, investment tools missing

Detail Review...

  • Doesn't support commodity trading.
  • Hidden charges.
  • Minimum Brokerage charges.

Detail Review...

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







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