Compare 3 Brokers

Monarch Networth Vs MyValueTrade: Which one is better?

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.

Compare Monarch Networth vs MyValueTrade on Service

  Monarch Networth Compare
Monarch Networth
MyValueTrade Compare
MyValueTrade
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 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.
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 MyValueTrade. 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 MyValueTrade on Trading & Demat Account Opening Charges

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 & Demat Account Opening Charges - Compare Monarch Networth with MyValueTrade
Charges Monarch Networth MyValueTrade
Trading Account Opening Fees Rs 149 Rs 555
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA Rs 400 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Monarch Networth vs MyValueTrade on Plan Options

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

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

Account Opening

  Monarch Networth MyValueTrade
Account Opening Request
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Brokerage Charges

Compare Monarch Networth vs MyValueTrade 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.

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 with MyValueTrade
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
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Share Broker's Transaction Charges

Compare Monarch Networth vs MyValueTrade on Transaction Charges

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

Transaction Charges - Compare Monarch Networth with MyValueTrade
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
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Account Features

Compare Monarch Networth vs MyValueTrade on Account Features

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

Compare Monarch Networth vs MyValueTrade on Trading Platform

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 with MyValueTrade
Trading Platform Compare Monarch Networth MyValueTrade
Desktop Trading Platform FastTrade MVT Trade
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.mnclgroup.com https://direct.mastermarts.com/
Web Trading Demo Info Not Available Info Not Available
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App MNCL Mobile Trader MVT Mobile
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod MNCL Mobile Trader Download Andriod MVT Mobile Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS MNCL Mobile Trader Download iOS MVT Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
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

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Broker Ratings by Users

Compare Monarch Networth vs MyValueTrade on User Rating

  Monarch Networth MyValueTrade
  12 Customer Reviews    Rate Monarch Networth 9 Customer Reviews    Rate MyValueTrade
Fees Ratings 2.8 3.7
Trading Brokerage Rating 3.0 4.0
Trading Platform Usability 3.3 3.2
Customer Service Ratings 3.2 3.2
Overall Ratings Rated 3.3 stars Rated 3.2 stars
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
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Investment Offerings

Compare Monarch Networth vs MyValueTrade on Investment Offerings

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 with MyValueTrade
Investment Offerings Compare Monarch Networth MyValueTrade
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes No
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 MyValueTrade on Order Types

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

Compare Monarch Networth vs MyValueTrade on Margin/Leverage

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.

Exposure/margin - Compare Monarch Networth with MyValueTrade
Margin Product Compare Monarch Networth MyValueTrade
Equity Delivery Margin Monarch Networth vs MyValueTrade - Equity Delivery Margin Info Not Available Info Not Available
Equity Intraday Margin Monarch Networth vs MyValueTrade - Equity Intraday Margin Info Not Available Info Not Available
Futures Margin Monarch Networth vs MyValueTrade - Futures Margin Info Not Available Info Not Available
Options Margin Monarch Networth vs MyValueTrade - Options Margin Info Not Available Info Not Available
Equity CO Margin Monarch Networth vs MyValueTrade - Equity CO Margin Info Not Available Info Not Available
Futures CO Margin Monarch Networth vs MyValueTrade - Futures CO Margin Info Not Available Info Not Available
Options CO Margin Monarch Networth vs MyValueTrade - Options CO Margin Info Not Available Info Not Available
Commodity Margin Monarch Networth vs MyValueTrade - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare Monarch Networth vs MyValueTrade on Customer Service

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 Support - Compare Monarch Networth with MyValueTrade
Customer Service Compare Monarch Networth MyValueTrade
24/7 Customer Service Monarch Networth vs MyValueTrade - 24x7 customer support No No
Email Support Monarch Networth vs MyValueTrade - Email Support Yes Yes
Onine Live Chat Monarch Networth vs MyValueTrade - Onine Live Chat No Yes
Phone Support Monarch Networth vs MyValueTrade - Phone Support Yes Yes
Toll Free Number Monarch Networth vs MyValueTrade - Toll Free Number No No
Through Branches Monarch Networth vs MyValueTrade - Through Branches Yes No
Customer Care Number Monarch Networth vs MyValueTrade - Customer Care Number Info Not Available Info Not Available
Account Opening Process Monarch Networth vs MyValueTrade - Account Opening Process Info Not Available Info Not Available
Customer Support Email Monarch Networth vs MyValueTrade - Customer Support Email Info Not Available Info Not Available
Knowledge Center/Education Monarch Networth vs MyValueTrade - Knowledge Center/Education Info Not Available Info Not Available
Head Office Address Monarch Networth vs MyValueTrade - Head Office Address/Corporate Address Info Not Available Info Not Available
Website Monarch Networth vs MyValueTrade - Company Website Info Not Available Info Not Available
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Tips/Research/Reports Published

Compare Monarch Networth vs MyValueTrade on Research Reports, Tips

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

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

Compare Monarch Networth vs MyValueTrade on Demat Account

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

Demat Charges - Compare Monarch Networth with MyValueTrade
  Monarch Networth MyValueTrade
DP Source CDSL NSDL
DP ID Monarch Networth vs MyValueTrade - DP ID No No
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
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. 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
Other Charges

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Special Offers,Advantages,Disadvantages

Compare Monarch Networth vs MyValueTrade on Special Offers and Promotion

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

Compare Monarch Networth vs MyValueTrade on Special Offers and Promotion
  Monarch Networth MyValueTrade
Pay In and Pay Out Options Monarch Networth vs MyValueTrade - Pay In and Pay Out Options Info Not Available Info Not Available
Payout Time Monarch Networth vs MyValueTrade - Payout Time Info Not Available Info Not Available
Bank Supported and Charges Monarch Networth vs MyValueTrade - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Info Not Available
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...

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.

Detail Review...

Dislikes

Mobile app based trading not available, investment tools missing

Detail Review...

doesn't provide tips and recommendation; doesn't offer automated trading to its clients.

Detail Review...

Special Offers/Promo
Enquiry Enquire about Monarch Networth Enquire about MyValueTrade

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







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