Compare 3 Brokers

Monarch Networth Vs Upstox: Which one is better?

The brokerage of Monarch Networth Max .005 to .3% per trade while the brokerage of Upstox ranges between Rs 20. Monarch Networth is a Full Service Broker where Upstox is a Discount Broker. Monarch Networth is having overall lower rating compare to Upstox. Monarch Networth is rated only 3 out of 5 where Upstox is rated 4.5 out of 5.

Here we present side-by-side comparison of Monarch Networth vs Upstox 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 Upstox'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 Upstox on Service

  Monarch Networth Compare
Monarch Networth
Upstox Compare
Upstox
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. From innovative tools to free trade opportunity to education and prioritizing customer service, Upstox, the cheapest stock broker provides clients everything they need and more to succeed in Indian share market.
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 Upstox. 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 Upstox on Trading & Demat Account Opening Charges

In this section we have compared Monarch Networth with Upstox on trading & demat account opening charges and AMC. Trading account opening charges - Monarch Networth charges Rs 149 for account opening where Upstox charges Rs 150 Equity/ Rs 150 Commodity for account opeing. Demat AMC charges - Monarch Networth charges Rs 400 PA AMC for Demat account where Upstox charges Rs 150 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Monarch Networth with Upstox
Charges Monarch Networth Upstox
Trading Account Opening Fees Rs 149 Rs 150 Equity/ Rs 150 Commodity
Trading AMC Free Free
Demat Account Opening Fees Free Rs 150
Demat AMC Rs 400 PA Rs 150 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Monarch Networth vs Upstox on Plan Options

Plans are the most important feature you look when compare Monarch Networth with Upstox. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Upstox provides Multiple Plans where Monarch Networth doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  Monarch Networth Upstox
Account Opening Request
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Brokerage Charges

Compare Monarch Networth vs Upstox 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.

Upstox Brokerage Plan detail - Equity Delivery Free and Rs 20 Per executable order for others

Brokerage Charges - Compare Monarch Networth with Upstox
Brokerage Charges Compare Monarch Networth Upstox
Plan Name Basic Trading Plan (Percentage Based) Max Rs 20 Per Order Trading Plan
Equity Delivery 0.3% or 30 paisa Free
Equity Intraday 0.03% or 3 paisa 0.01% or Rs 20 whichever is lower
Equity Futures 0.03% or 3 paisa Flat Fee Rs 20
Equity Options Rs 50 Per Lot Flat Fee Rs 20
Currency Futures 0.03% or 3 paisa Flat Fee Rs 20
Currency Options Rs 50 Per Lot Flat Fee Rs 20
Commodity Trading 0.03% or 3 paisa Flat Fee Rs 20
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges Info Not Available Rs 20 Per Executable Order
Brokerage Calculator Brokerage Calculator for Monarch Networth Brokerage Calculator for Upstox
SPAN Margin Calculator SPAN Margin Calculator for Monarch Networth SPAN Margin Calculator for Upstox
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Share Broker's Transaction Charges

Compare Monarch Networth vs Upstox on Transaction Charges

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

Transaction Charges - Compare Monarch Networth with Upstox
Transaction Charges Compare Monarch Networth Upstox
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 210 Per Cr
Equity Options Rs 5000 Per Cr Rs 5500 Per Cr
Currency Futures Rs 110 Per Cr Rs 150 Per Cr
Currency Options Rs 4000 Per Cr Rs 6000 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 upstox
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Account Features

Compare Monarch Networth vs Upstox on Account Features

Compare Monarch Networth with Upstox 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 - Monarch Networth offers margin funding where Upstox doesn't offers margin funding. NRI Trading - both brokers provides NRI Trading facility.

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

Compare Monarch Networth vs Upstox on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Monarch Networth and Upstox. 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 Upstox
Trading Platform Compare Monarch Networth Upstox
Desktop Trading Platform FastTrade DartStock/Nest Trader/Fox Trader
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://pro.upstox.com/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App MNCL Mobile Trader Upstox
Mobile Trading App Demo Info Not Available Upstox Demo
Android Mobile App Yes Yes
Android App Download Andriod MNCL Mobile Trader Download Andriod Upstox Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS MNCL Mobile Trader Download iOS Upstox Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
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 Upstox
Futures Brokerage Calculator Futures Brokerage Calculator for Monarch Networth Futures Brokerage Calculator for Upstox
Options Brokerage Calculator Options Brokerage Calculator for Monarch Networth Options Brokerage Calculator for Upstox
Detail Detail on Trading Platforms for monarch-networth-capital Detail on Trading Platforms for upstox

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Broker Ratings by Users

Compare Monarch Networth vs Upstox on User Rating

  Monarch Networth Upstox
  12 Customer Reviews    Rate Monarch Networth 8 Customer Reviews    Rate Upstox
Fees Ratings 2.8 3.3
Trading Brokerage Rating 3.0 3.8
Trading Platform Usability 3.3 3.3
Customer Service Ratings 3.2 3.1
Overall Ratings Rated 3.3 stars Rated 3.3 stars
Broker Rating Monarch Networth is Rated 3.3 / 5 based on 12 customer reviews Upstox is Rated 3.3 / 5 based on 8 customer reviews
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Investment Offerings

Compare Monarch Networth vs Upstox on Investment Offerings

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

Order Type - Compare Monarch Networth with Upstox 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) - Upstox 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) - Upstox 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- both brokers doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Monarch Networth with Upstox
Order Type Compare Monarch Networth Upstox
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 No
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Margin/Leverage

Compare Monarch Networth vs Upstox on Margin/Leverage

Comapre Monarch Networth with Upstox 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 Upstox
Margin Product Compare Monarch Networth Upstox
Equity Delivery Margin Monarch Networth vs Upstox - Equity Delivery Margin Info Not Available No Margin/Leverage for Equity Delivery.
Equity Intraday Margin Monarch Networth vs Upstox - Equity Intraday Margin Info Not Available Up to 15x for Equity Intraday in Base Plan, Up to 20x on Priority Plan.
Futures Margin Monarch Networth vs Upstox - Futures Margin Info Not Available Up to 4x for Index/Stock future (of NRML Margin), Priority Plan - up to 5x for Index and 4x for Stocks.
Options Margin Monarch Networth vs Upstox - Options Margin Info Not Available Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan - up to 5x for Index and 4x for Stock Options.No leverage on Options Buying.
Equity CO Margin Monarch Networth vs Upstox - Equity CO Margin Info Not Available Up to 20x for NSE/BSE Cash in Base Plan, Up to 25x on Priority Plan.
Futures CO Margin Monarch Networth vs Upstox - Futures CO Margin Info Not Available Up to 4x for Index/Stock (of NRML Margin) future, Priority Plan - up to 7x for Index and 6x for Stocks.
Options CO Margin Monarch Networth vs Upstox - Options CO Margin Info Not Available Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan(PP) - up to 5x for Index and 4x for Stock Options, No leverage on Options Buying.
Commodity Margin Monarch Networth vs Upstox - Commodity Margin Info Not Available Up to 2.5x MIS Margin of SPAN, 3x for Priority Pack, Complete SPAN is required for carry forward positions.
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Customer Service Offered

Compare Monarch Networth vs Upstox on Customer Service

Compare Monarch Networth with Upstox 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 Upstox
Customer Service Compare Monarch Networth Upstox
24/7 Customer Service Monarch Networth vs Upstox - 24x7 customer support No No
Email Support Monarch Networth vs Upstox - Email Support Yes Yes
Onine Live Chat Monarch Networth vs Upstox - Onine Live Chat No Yes
Phone Support Monarch Networth vs Upstox - Phone Support Yes Yes
Toll Free Number Monarch Networth vs Upstox - Toll Free Number No No
Through Branches Monarch Networth vs Upstox - Through Branches Yes Yes
Customer Care Number Monarch Networth vs Upstox - Customer Care Number Info Not Available +91 22 6130 9999
Account Opening Process Monarch Networth vs Upstox - Account Opening Process Info Not Available Online/Paperless
Customer Support Email Monarch Networth vs Upstox - Customer Support Email Info Not Available [email protected] 
Knowledge Center/Education Monarch Networth vs Upstox - Knowledge Center/Education Info Not Available https://upstox.com/help-center/
Head Office Address Monarch Networth vs Upstox - Head Office Address/Corporate Address Info Not Available Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Website Monarch Networth vs Upstox - Company Website Info Not Available https://upstox.com/
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Tips/Research/Reports Published

Compare Monarch Networth vs Upstox on Research Reports, Tips

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

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

Compare Monarch Networth vs Upstox on Demat Account

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

Demat Charges - Compare Monarch Networth with Upstox
  Monarch Networth Upstox
DP Source CDSL CDSL
DP ID Monarch Networth vs Upstox - DP ID No 81800
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) Rs. 300/- per annum.
Advance Deposit NIL NIL
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.8/- plus Rs.5.50/- (CDSL charges) per scrip.
Demat Rs.5/- per certificate with min Rs.40/- per request + Rs. 45/- courier charges per request Rs 2.00 per certificate plus courier charges of Rs. 35/- per demat request for every 500 gms.
Remat Rs. 45/- Postage Charges + Rs. 10/- Per 100 Securities / Rs.20/- Per Certificate whichever is higher, Maximum 500000/- Rs. 25/- per certificate or 0.05% of the value whichever is higher.
Pledge Creation Rs.25/- Per Instruction 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.
Pledge Creation Confirmation NIL 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.
Pledge Closure Rs.25/- Per Instruction 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.
Pledge Closure Confirmation NIL 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.
Pledge Invocation Rs. 5/- Per Instruction 0.05% of the transaction charges subject to a minimum of Rs. 50/-
Failed Instruction Charges NIL Rs. 50/- per transaction.
Other Charges Demat Rejection Charges: Rs. 35/- per rejection for every 500 gms. Adhoc / Non periodic statement requests: Adhoc statement requests: - Rs. 25/- (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs. 10/- plus courier / postage charges. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.

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Special Offers,Advantages,Disadvantages

Compare Monarch Networth vs Upstox on Special Offers and Promotion

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

Compare Monarch Networth vs Upstox on Special Offers and Promotion
  Monarch Networth Upstox
Pay In and Pay Out Options Monarch Networth vs Upstox - Pay In and Pay Out Options Info Not Available pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only
Payout Time Monarch Networth vs Upstox - Payout Time Info Not Available Max 24 hrs except bank holidays
Bank Supported and Charges Monarch Networth vs Upstox - Bank Supported and Charges Info Not Available Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service.
Bank Detail Info Not Available HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
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...

  • Low cost brokerage structure.
  • Upstox branches available in Delhi, Mumbai, Pune and Ahmedabad.
  • After Market Order (AMO), Cover Order and BO are available on both web and mobile.

Detail Review...

Dislikes

Mobile app based trading not available, investment tools missing

Detail Review...

  • Upstox doesn't provide tips and recommendations.
  • Algo-trading facility is not available.
  • Margin funding and margin against shares is not available.
  • Doesn't provide facility to online invest in IPO via Upstox Trading website/app.

Detail Review...

Special Offers/Promo 100% refundable account opening fee as brokerage cashback, Zero charges for equity delivery trades, Flat Rs 20 for equity intraday, F&O, currency and commodities trades.
Enquiry Enquire about Monarch Networth Enquire about Upstox

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







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