The brokerage of Monarch Networth Max .005 to .3% per trade while the brokerage of MyValueTrade ranges between Rs 10. Monarch Networth is a Full Service Broker where MyValueTrade is a Discount Broker. Monarch Networth is having overall lower rating compare to MyValueTrade. Monarch Networth is rated only 3 out of 5 where MyValueTrade is rated 3.5 out of 5.
Here we present side-by-side comparison of Monarch Networth vs MyValueTrade 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 MyValueTrade'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||BSE, NSE, MCX|
|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.||On the surface, it is easy to understand what My Value Trade is trying to accomplish, being the dream broker. The homepage claims My Value Trade offers everything from simplified, unlimited and powerful discount Trading.|
In this section we have compared Monarch Networth with MyValueTrade on trading & demat account opening charges and AMC. Trading account opening charges - Monarch Networth charges Rs 149 for account opening where MyValueTrade charges Rs 555 for account opeing. Demat AMC charges - Monarch Networth charges Rs 400 PA AMC for Demat account where MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account.
|Trading Account Opening Fees||Rs 149||Rs 555|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 400 PA||Rs 400 PA (Waived for 1st year)|
|Provide DP Service|
Plans are the most important feature you look when compare Monarch Networth with MyValueTrade. This section copare on high level about type of plans offered by brokers. Miltiple Plans - MyValueTrade provides Multiple Plans where Monarch Networth doesn't offer Monthlay Plans - MyValueTrade provides Monthly Plans where Monarch Networth doesn't offer
|Plan Types||Monarch Networth||MyValueTrade|
|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.
MyValueTrade Brokerage Plan detail - This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing.
|Brokerage Charges Compare||Monarch Networth||MyValueTrade|
|Plan Name||Basic Trading Plan (Percentage Based)||Flat Fee Rs 10 Trading Plan|
|Equity Delivery||0.3% or 30 paisa||Flat Fee Rs 10|
|Equity Intraday||0.03% or 3 paisa||Flat Fee Rs 10|
|Equity Futures||0.03% or 3 paisa||Flat Fee 10 Rs|
|Equity Options||Rs 50 Per Lot||Flat Fee Rs 10|
|Currency Futures||0.03% or 3 paisa||Flat Fee 10 Rs|
|Currency Options||Rs 50 Per Lot||Flat Fee Rs 10|
|Commodity Trading||0.03% or 3 paisa||Flat Fee 10 Rs|
|Minimum Brokerage||NIL||Rs 10 or .01% whichever is lower|
|Hidden Charges||Info Not Available||Info Not Available|
|Funding||Info Not Available||Info Not Available|
|Call & Trade Charges||Info Not Available||Info Not Available|
|Brokerage Calculator||Brokerage Calculator for Monarch Networth||Brokerage Calculator for MyValueTrade|
|SPAN Margin Calculator||SPAN Margin Calculator for Monarch Networth||SPAN Margin Calculator for MyValueTrade|
Compare Monarch Networth with MyValueTrade on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Monarch Networth||MyValueTrade|
|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 300 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 6000 Per Cr|
|Currency Futures||Rs 110 Per Cr||Rs 120 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 4200 Per Cr|
|Commodity||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr||Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for monarch-networth-capital||Complete Brokerage Plans for my-value-trade|
Compare Monarch Networth with MyValueTrade 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 - both brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - Monarch Networth offers NRI where MyValueTrade doesn't offers NRI Trading.
|Account Features Compare||Monarch Networth||MyValueTrade|
|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||NIL|
With our expert research team, we have compared all the major features of Trading platform b/w Monarch Networth and MyValueTrade. 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||MyValueTrade|
|Desktop Trading Platform||FastTrade||MVT Trade|
|Desktop Demo||Info Not Available||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://trade.mnclgroup.com||https://direct.mastermarts.com/|
|Web Trading Demo||Info Not Available||Info Not Available|
|Mobile Trading App||MNCL Mobile Trader||MVT Mobile|
|Mobile Trading App Demo||Info Not Available||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod MNCL Mobile Trader Download||Andriod MVT Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS MNCL Mobile Trader Download||iOS MVT Mobile Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Info Not Available||Info Not Available|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Monarch Networth||Equity Intraday and Delivery Brokerage Calculator for MyValueTrade|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Monarch Networth||Futures Brokerage Calculator for MyValueTrade|
|Options Brokerage Calculator||Options Brokerage Calculator for Monarch Networth||Options Brokerage Calculator for MyValueTrade|
|Detail||Detail on Trading Platforms for monarch-networth-capital||Detail on Trading Platforms for my-value-trade|
|12 Customer Reviews||9 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||MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews|
Compare Monarch Networth with MyValueTrade 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 - both brokers offers trading options in Commodity (MCX). Online Mutual Fund Investment - Monarch Networth offers online mutual fund investment option where MyValueTrade doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
|Investment Offerings Compare||Monarch Networth||MyValueTrade|
|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 MyValueTrade 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) - both brokers 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) - both brokers don't have Bracket Orders (BO).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- both brokers doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Monarch Networth||MyValueTrade|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre Monarch Networth with MyValueTrade 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||MyValueTrade|
|Equity Delivery Margin||Info Not Available||Info Not Available|
|Equity Intraday Margin||Info Not Available||Info Not Available|
|Futures Margin||Info Not Available||Info Not Available|
|Options Margin||Info Not Available||Info Not Available|
|Equity CO Margin||Info Not Available||Info Not Available|
|Futures CO Margin||Info Not Available||Info Not Available|
|Options CO Margin||Info Not Available||Info Not Available|
|Commodity Margin||Info Not Available||Info Not Available|
Compare Monarch Networth with MyValueTrade 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||MyValueTrade|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||Info Not Available||Info Not Available|
|Account Opening Process||Info Not Available||Info Not Available|
|Customer Support Email||Info Not Available||Info Not Available|
|Knowledge Center/Education||Info Not Available||Info Not Available|
|Head Office Address||Info Not Available||Info Not Available|
|Website||Info Not Available||Info Not Available|
Compare Monarch Networth with MyValueTrade on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Monarch Networth with MyValueTrade on Demat Service and Charges. This section cover about demat charges, demat service and other details
|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)||NIL|
|Advance Deposit||NIL||Rs. 2000/-in advance of which Rs. 1000/- is refundanble/ adjusted on closure of A/c and/or change of scheme after one year from the date of A/c opening for Scheme A|
|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.||Rs. 12/- for each debit instruction|
|Demat||Rs.5/- per certificate with min Rs.40/- per request + Rs. 45/- courier charges per request||Rs. 20/- per DRF plus Rs. 3/- per certificate|
|Remat||Rs. 45/- Postage Charges + Rs. 10/- Per 100 Securities / Rs.20/- Per Certificate whichever is higher, Maximum 500000/-||Rs. 20/- per every 100 securities or part thereof; or a flat fee of Rs. 20/- per certificate which ever is higher is payable|
|Pledge Creation||Rs.25/- Per Instruction||Rs. 50/-|
|Pledge Creation Confirmation||NIL||Nil|
|Pledge Closure||Rs.25/- Per Instruction||Rs. 25/-|
|Pledge Closure Confirmation||NIL||Nil|
|Pledge Invocation||Rs. 5/- Per Instruction||Rs. 25/-|
|Failed Instruction Charges||NIL||Rs. 20/- per intimation per instruction|
Compare Monarch Networth with MyValueTrade 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||Info Not Available|
|Payout Time||Info Not Available||Info Not Available|
|Bank Supported and Charges||Info Not Available||Info Not Available|
|Bank Detail||Info Not Available||Info Not Available|
SMS Service, Efficient Grievance Handling, free call and trade, tips and recommendations based on quality research, multiple trading products available,free Call & Trade.
Only discount broker that is offering Flat rate yearly plan along with per executed order and monthly plan in all segments; No AMC for trading and first year AMC waived off for Demat account; convenient single trading platform for all segments ; easy one website login for trading and back office support.
Mobile app based trading not available, investment tools missing
doesn't provide tips and recommendation; doesn't offer automated trading to its clients.
|Enquiry||Enquire about Monarch Networth||Enquire about MyValueTrade|
Last Updated on 2019-07-11T23:31:39+00:00