Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Monarch Networth Max 0.03% to 0.30% per trade while the brokerage of TradeSmart ranges between Rs 15. Monarch Networth is a Full Service Broker where TradeSmart is a Discount Broker. Monarch Networth is having overall lower rating compare to TradeSmart. Monarch Networth is rated only 3 out of 5 where TradeSmart is rated 4 out of 5. Number of active customer for Monarch Networth is 57,815 where number of active customer for TradeSmart is 29,081. Monarch Networth is serving more customer compare to TradeSmart.
Here we present side-by-side comparison of Monarch Networth vs TradeSmart 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 TradeSmart'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.
Here we present side-by-side comparison of Monarch Networth vs TradeSmart 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 TradeSmart's on
This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.
 Monarch Networth |
 TradeSmart |
|
|---|---|---|
| Overall Rating | ||
| Brokerage Charges | ||
| Trading Platform | ||
| Investments Offering | ||
| Customer Service | ||
Broker Type
|
Full Service Broker | Discount Broker |
| Exchanges Supported
|
BSE, NSE, MCX, NCDEX | BSE, NSE, MCX, NCDEX |
| Active Clients | 57,815 | 29,081 |
| Broker Overview | Free Demat Account opening, flexible brokerage plans, an array of online trading platforms, and free equity, commodity, & currency research make Monarch Networth a recommended broker in the list. | Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support. |
| Broker Enquiry |
|
|
Comparison of Monarch Networth with TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - Monarch Networth offer Free account opening where TradeSmart charges Rs 200 for account opening. Demat AMC charges - Monarch Networth charges Rs 225 PA AMC for Demat account where TradeSmart charges Rs 300 PA AMC for Demat account.
| Charges | Monarch Networth | TradeSmart |
|---|---|---|
| Trading Account Opening Fees | Free | Rs 200 |
| Trading AMC | Free | Free |
| Demat Account Opening Fees | Free | Rs 200 |
| Demat AMC | Rs 225 PA | Rs 300 PA |
| Provide DP Service |  |
|
Plans are the most important feature you look when compare Monarch Networth with TradeSmart. This section compare on high level about type of plans offered by brokers. Multiple Plans - TradeSmart provides Multiple Plans where Monarch Networth doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
| Plan Types | Monarch Networth | TradeSmart |
|---|---|---|
| Multiple Plans |  |
|
| Monthly Plans | |
|
| Yearly Plans | |
|
| Zerodha | Zerodha | |
|---|---|---|
| Account Opening Request |
Monarch Networth Brokerage Plan detail - This is a standard plan by Networth Direct. This is a % based brokerage plan that charges a fixed fee of 0.03% to 0.30%.
TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.
| Brokerage Charges Compare | Monarch Networth | TradeSmart |
|---|---|---|
| Plan Name | Basic Trading Plan (Percentage Based) | Flat Fee Rs 15 Trading Plan (Power Plan) |
| Equity Delivery | 0.30% | Flat Fee Rs 15 |
| Equity Intraday | 0.03% | Flat Fee Rs 15 |
| Equity Futures | 0.03% | Flat Fee Rs 15 |
| Equity Options | Rs 100 per lot | Flat Fee Rs 15 |
| Currency Futures | 0.03% | Flat Fee Rs 15 |
| Currency Options | Rs 100 per lot | Flat Fee Rs 15 |
| Commodity Trading | Rs 100 per lot | Flat Fee Rs 15 |
| Minimum Brokerage | NIL | NIL |
| Hidden Charges | Info Not Available | No |
| Funding | Info Not Available | No |
| Call & Trade Charges | NA | Rs 20 per executed Order |
| Auto Square off Charges | NA | Rs 20 per executed Order |
| Brokerage Calculator | Brokerage Calculator for Monarch Networth | Brokerage Calculator for TradeSmart |
Compare Monarch Networth with TradeSmart on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Monarch Networth | TradeSmart |
|---|---|---|
| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE |
| Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr |
| Currency Futures | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr |
| Currency Options | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 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 trade-smart-online |
Compare Monarch Networth with TradeSmart 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 trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Monarch Networth offers a margin funding where TradeSmart doesn't offers margin funding. NRI Trading - Monarch Networth offers NRI where TradeSmart doesn't offers NRI Trading.
| Account Features Compare | Monarch Networth | TradeSmart |
|---|---|---|
| 3 in 1 Account | |
|
| Charting | |
|
| Algo Trading | |
|
| SMS Alerts | |
|
| Online Demo | |
|
| Online Portfolio | |
|
| Margin Trading Funding Available | |
|
| Combined Ledger for Equity and Commodity | |
|
| Intraday Square-off Time | 3:15PM | 3:15PM |
| NRI Trading | |
|
| 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 TradeSmart. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.
| Trading Platform Compare | Monarch Networth | TradeSmart |
|---|---|---|
| Desktop Trading Platform | FastTrade | NEST Trader & Fox Trader |
| Desktop Demo | Info Not Available | Desktop Demo |
| Desktop Platform (Windows) | |
|
| Desktop Platform (Mac) | |
|
| Web Trading Platform | |
|
| Web Trading Detail | https://trade.mnclgroup.com | https://sine.tradesmartonline.in/userMaster/login |
| Web Trading Demo | Info Not Available | Web Trading Demo |
| Mobile Site | |
|
| Mobile Trading | |
|
| Mobile Trading App | MNCL Mobile Trader | Sine |
| Mobile Trading App Demo | Info Not Available | Sine Demo |
| Android Mobile App | |
|
| Android App Download | Andriod MNCL Mobile Trader Download | Andriod Sine Download |
| iPhone Mobile App (IOS) | |
|
| iOS App Download | iOS MNCL Mobile Trader Download | iOS Sine 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 TradeSmart |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Monarch Networth | Futures Brokerage Calculator for TradeSmart |
| Options Brokerage Calculator | Options Brokerage Calculator for Monarch Networth | Options Brokerage Calculator for TradeSmart |
| Detail | Detail on Trading Platforms for monarch-networth-capital | Detail on Trading Platforms for trade-smart-online |
| Monarch Networth | TradeSmart | |
|---|---|---|
12 Customer Reviews
 |
34 Customer Reviews
|
|
| Fees Ratings | 2.8 | 3.9 |
| Trading Brokerage Rating | 3.0 | 4.4 |
| Trading Platform Usability | 3.3 | 3.7 |
| Customer Service Ratings | 3.2 | 4.0 |
| Overall Ratings | 3.3 | 4.0 |
| Broker Rating | Monarch Networth is Rated 3.3 / 5 based on 12 customer reviews | TradeSmart is Rated 4.0 / 5 based on 34 customer reviews |
Compare Monarch Networth with TradeSmart 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 broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Monarch Networth offers online mutual fund investment option where TradeSmart doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
| Investment Offerings Compare | Monarch Networth | TradeSmart |
|---|---|---|
| Equity Cash and F&O | |
|
| Currency Deravitives | |
|
| Commodity | |
|
| Online IPO Application | |
|
| Mutual Funds | |
|
| Bond / NCD | |
|
| ETF | |
|
| Banking | |
|
| Insurance | |
|
| Forex | |
|
| MF SIP Investment | |
|
| Equity SIP Investment | |
|
| PMS Service | |
|
| Other Investment Options | Health Plan, General Insurance | NIL |
Order Type - Compare Monarch Networth with TradeSmart on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - TradeSmart 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) - TradeSmart 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 facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.
| Order Type Compare | Monarch Networth | TradeSmart |
|---|---|---|
| CNC order | |
|
| MIS order | |
|
| NRML order | |
|
| Cover order | |
|
| Bracket order | |
|
| AMO-After Market Orders | |
|
| GTC-Good Till Cancelled | |
|
Compare Monarch Networth with TradeSmart on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.
| Customer Service Compare | Monarch Networth | TradeSmart |
|---|---|---|
| 24/7 Customer Service
|
|
|
| Email Support
|
|
|
| Onine Live Chat
|
|
|
| Phone Support
|
|
|
| Toll Free Number
|
|
|
| Through Branches
|
|
|
| Customer Care Number
|
022-43211800 /079-26666500 | 022 61208000 |
| Account Opening Process
|
Info Not Available | Online/Paperless |
| Customer Support Email
|
[email protected] | [email protected] |
| Knowledge Center/Education
|
Info Not Available | https://help.tradesmartonline.in/ |
| Head Office Address
|
Info Not Available | Trade Smart Online, A-401, Mangalya, Marol Maroshi Road, Andheri East, Gamdevi, Marol, Andheri East, Mumbai, MH 400059 |
| Website
|
https://www.mnclgroup.com/ | https://tradesmartonline.in/ |
Compare Monarch Networth with TradeSmart on research reports and tips provided by the broker.
| Monarch Networth | TradeSmart | |
|---|---|---|
| Research Mutual Funds
|
|
|
| Research Equity Reports
|
|
|
| Research ETF
|
|
|
| Daily Market Report
|
|
|
| Free Tips
|
|
|
| Quarterly Result Analysis
|
|
|
| News Alerts
|
|
|
Compare Monarch Networth with TradeSmart on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.
Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.
Demat AMC for TradeSmart is ₹300 pa where for Monarch Networth is ₹500 pa.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.
Transaction charges on debit of ISIN for Monarch Networth is ₹25 or 0.025% (Whichever is higher) where for TradeSmart is ₹25.You can see this charges on debit of Equity/Mutual Funds from your demat account.
This section covers about demat charges, demat service and other details
| Monarch Networth | TradeSmart | |
|---|---|---|
| DP Source | CDSL | CDSL |
| DP ID
|
No | 30400 |
| Demat Account Annual Maintenance Charges(AMC) | ₹500 pa | ₹300 pa |
| Advance Deposit | NIL | NIL |
| Statutory charges | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹25 or 0.025% (Whichever is higher) | ₹25 |
| Demat | ₹5 per certificate (Min ₹40) + ₹45 courier charges | ₹500 per certificate (Min ₹500 per request) |
| Remat | ₹10 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹45 courier charges | ₹500 per certificate (Min ₹500 per request) |
| Pledge Creation | ₹50 per transaction | ₹200 per script ₹50 for trading margin each side |
| Pledge Creation Confirmation | Nil | Nil |
| Pledge Closure | ₹25 per transaction | ₹200 per script |
| Pledge Closure Confirmation | Nil | Nil |
| Pledge Invocation | ₹25 per transaction | ₹200 per script |
| Failed Instruction Charges | Nil | Nil |
| Other Charges | Nil | Nil |
Compare Monarch Networth with TradeSmart on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
| Monarch Networth | TradeSmart | |
|---|---|---|
| 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 SIGN Mobile, SIGN Web and NEST Software. Pay-out/Fund Withdrawal - Bank Transfer only. |
| Payout Time
|
Info Not Available | Up to 24 Hrs except Bank Holidays. |
| Bank Supported and Charges
|
Info Not Available | Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms. |
| Bank Detail | Info Not Available | VNS Finance and Capital Services Ltd., Account Number:VNS095XXXXXXX Bank and Branch: Yes Bank,CMS National Operating Centre MMR Account Type: Current Account IFSC Code: YESB0CMSNOC |
| Likes |
|
Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?
|
| Dislikes |
|
There are several disadvantages or limitations as well of trading with TradeSmart such as follows;
|
| Special Offers/Promo | Free Account Opening, Rs 400 Waived for a limited time. | |
| Enquiry | Open Zerodha Account Now>> | Open Zerodha Account Now>> |
Last Updated on 2023-08-27T23:54:07+00:00
