Compare 3 Brokers

Monarch Networth Vs Reliance Securities: Which one is better?

The brokerage of Monarch Networth ranges between .005 to .3% while the brokerage of Reliance Securities ranges between 0.04 - 0.4%. Both the brokers are Full Service brokers. Monarch Networth is having overall lower rating compare to Reliance Securities. Monarch Networth is rated only 3 out of 5 where Reliance Securities is rated 3.5 out of 5.

Here we present side-by-side comparison of Monarch Networth vs Reliance 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 Reliance 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.

Here we present side-by-side comparison of Monarch Networth vs Reliance 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 Reliance Securities's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

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.

Compare Monarch Networth vs Reliance Securities on Service

  Monarch Networth Compare
Monarch Networth
Reliance Securities Compare
Reliance 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
Active Clients 1,25,472 56,821
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 best in class research to competitive Brokerage Plan to exclusive reward Program, Reliance Securities earns the position of India's one of the best leading retail broking houses.
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 Reliance 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 Reliance Securities on Trading & Demat Account Opening Charges

Comparison of Monarch Networth with Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - Monarch Networth charges Rs 149 for account opening where Reliance Securities charges Rs 950 for account opening. Demat AMC charges - Monarch Networth charges Rs 400 PA AMC for Demat account where Reliance Securities charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Monarch Networth with Reliance Securities
Charges Monarch Networth Reliance Securities
Trading Account Opening Fees Rs 149 Rs 950
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Monarch Networth vs Reliance Securities on Plan Options

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

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

Account Opening

  Monarch Networth Reliance Securities
Account Opening Request
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Brokerage Charges

Compare Monarch Networth vs Reliance 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.

Reliance Securities Brokerage Plan detail - This is online plan from Reliance Security. Its fix brokerage plan where you dont need any dealer support.

Brokerage Charges - Compare Monarch Networth with Reliance Securities
Brokerage Charges Compare Monarch Networth Reliance Securities
Plan Name Basic Trading Plan (Percentage Based) R-FIXED Online Trading Plan (Percentage Based)
Equity Delivery 0.3% or 30 paisa 0.4% or 40 paisa
Equity Intraday 0.03% or 3 paisa 0.04% or 4 paisa
Equity Futures 0.03% or 3 paisa 0.04% or 4 paisa
Equity Options Rs 50 Per Lot Rs 100 Per Lot
Currency Futures 0.03% or 3 paisa 0.04% or 4 paisa
Currency Options Rs 50 Per Lot Rs 100 Per Lot
Commodity Trading 0.03% or 3 paisa 0.04% or 4 paisa
Minimum Brokerage NIL 5 paise per share
Hidden Charges Info Not Available No
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges Info Not Available Free First 20 call PM and Rs 20 their onwards.
Brokerage Calculator Brokerage Calculator for Monarch Networth Brokerage Calculator for Reliance Securities
SPAN Margin Calculator SPAN Margin Calculator for Monarch Networth SPAN Margin Calculator for Reliance Securities
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Share Broker's Transaction Charges

Compare Monarch Networth vs Reliance Securities on Transaction Charges

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

Transaction Charges - Compare Monarch Networth with Reliance Securities
Transaction Charges Compare Monarch Networth Reliance 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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for monarch-networth-capital Complete Brokerage Plans for reliance-securities
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Account Features

Compare Monarch Networth vs Reliance Securities on Account Features

Compare Monarch Networth with Reliance Securities 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 - Monarch Networth offers Algo Trading where Reliance Securities doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Monarch Networth with Reliance Securities
Account Features Compare Monarch Networth Reliance Securities
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 No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
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 Yes
Other Features Trading software terminal: Fast trade Mobile Application: Rmobile Xpress
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Trading Platform

Compare Monarch Networth vs Reliance Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Monarch Networth and Reliance Securities. 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 with Reliance Securities
Trading Platform Compare Monarch Networth Reliance Securities
Desktop Trading Platform FastTrade InstaXpress
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 http://tick.rsec.co.in/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App MNCL Mobile Trader TICK PRO
Mobile Trading App Demo Info Not Available TICK PRO Demo
Android Mobile App Yes Yes
Android App Download Andriod MNCL Mobile Trader Download Andriod TICK PRO Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS MNCL Mobile Trader Download iOS TICK PRO 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 Reliance Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Monarch Networth Futures Brokerage Calculator for Reliance Securities
Options Brokerage Calculator Options Brokerage Calculator for Monarch Networth Options Brokerage Calculator for Reliance Securities
Detail Detail on Trading Platforms for monarch-networth-capital Detail on Trading Platforms for reliance-securities
Zerodha Online Branch Offices
Upstox Online Branch Offices
5paisa Online Branch Offices
Angel Broking Online Branch Offices

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Broker Ratings by Users

Compare Monarch Networth vs Reliance Securities on User Rating

  Monarch Networth Reliance Securities
  12 Customer Reviews    Rate Monarch Networth 52 Customer Reviews    Rate Reliance Securities
Fees Ratings 2.8 3.5
Trading Brokerage Rating 3.0 3.4
Trading Platform Usability 3.3 3.3
Customer Service Ratings 3.2 3.4
Overall Ratings Rated 3.3 stars Rated 3.4 stars
Broker Rating Monarch Networth is Rated 3.3 / 5 based on 12 customer reviews Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews
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Investment Offerings

Compare Monarch Networth vs Reliance Securities on Investment Offerings

Compare Monarch Networth with Reliance 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 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 - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Reliance Securities provides PMS Service where Monarch Networth doesn't offer

Investment Offerings - Compare Monarch Networth with Reliance Securities
Investment Offerings Compare Monarch Networth Reliance Securities
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 Yes
ETF Yes Yes
Banking No No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No Yes
PMS Service No Yes
Other Investment Options Health Plan, General Insurance NIL
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Order Types

Compare Monarch Networth vs Reliance Securities on Order Types

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

Compare Monarch Networth vs Reliance Securities on Margin/Leverage

Compare Monarch Networth with Reliance Securities on Exposure/Margin offered by the 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 Reliance Securities
Margin Product Compare Monarch Networth Reliance Securities
Equity Delivery Margin Monarch Networth vs Reliance Securities - Equity Delivery Margin Info Not Available Upto 4x via Margin Funding.
Equity Intraday Margin Monarch Networth vs Reliance Securities - Equity Intraday Margin Up to 10x or 10% subject to Var and ELM. Upto 10x leverage for equity.
Futures Margin Monarch Networth vs Reliance Securities - Futures Margin 1x means actual SPAN + Exposure. Upto 2x leverage for futures.
Options Margin Monarch Networth vs Reliance Securities - Options Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. Upto 2x margin for Options shorting, No leverage for option buying.
Equity CO Margin Monarch Networth vs Reliance Securities - Equity CO Margin Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order. Upto 15x margin/leverage in CO order for selected equity scripts.
Futures CO Margin Monarch Networth vs Reliance Securities - Futures CO Margin 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order. Upto 15x margin/leverage in CO order for Futures contracts.
Options CO Margin Monarch Networth vs Reliance Securities - Options CO Margin 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order. Upto 15x margin/leverage in CO order for options Contracts Sell only.
Commodity Margin Monarch Networth vs Reliance Securities - Commodity Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. Complete SPAN is required.
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Customer Service Offered

Compare Monarch Networth vs Reliance Securities on Customer Service

Compare Monarch Networth with Reliance Securities 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 Support - Compare Monarch Networth with Reliance Securities
Customer Service Compare Monarch Networth Reliance Securities
24/7 Customer Service Monarch Networth vs Reliance Securities - 24x7 customer support No No
Email Support Monarch Networth vs Reliance Securities - Email Support Yes Yes
Onine Live Chat Monarch Networth vs Reliance Securities - Onine Live Chat No Yes
Phone Support Monarch Networth vs Reliance Securities - Phone Support Yes Yes
Toll Free Number Monarch Networth vs Reliance Securities - Toll Free Number No Yes
Through Branches Monarch Networth vs Reliance Securities - Through Branches Yes Yes
Customer Care Number Monarch Networth vs Reliance Securities - Customer Care Number Info Not Available 022 39886000
Account Opening Process Monarch Networth vs Reliance Securities - Account Opening Process Info Not Available Online/Paperless
Customer Support Email Monarch Networth vs Reliance Securities - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education Monarch Networth vs Reliance Securities - Knowledge Center/Education Info Not Available https://www.5paisa.com/knowledge-centre
Head Office Address Monarch Networth vs Reliance Securities - Head Office Address/Corporate Address Info Not Available Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website Monarch Networth vs Reliance Securities - Company Website Info Not Available https://www.reliancesmartmoney.com
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Tips/Research/Reports Published

Compare Monarch Networth vs Reliance Securities on Research Reports, Tips

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

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

Compare Monarch Networth vs Reliance Securities on Demat Account

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

Demat Charges - Compare Monarch Networth with Reliance Securities
  Monarch Networth Reliance Securities
DP Source CDSL CDSL
DP ID Monarch Networth vs Reliance Securities - DP ID No 41400
Demat Account Annual Maintenance Charges(AMC) ₹400 pa or Zero AMC with ₹2500 refundable deposit ₹300 pa
Advance Deposit NIL Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12 + CDSL charges 0.04% (Min ₹27) + CDSL charges
Demat ₹5 per certificate (Min ₹40) + ₹45 courier charges ₹5 per certificate + ₹30 request charges
Remat ₹10 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹45 courier charges ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges
Pledge Creation ₹50 per transaction 0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation Nil 0.05% of transaction value (Min ₹30)
Pledge Closure ₹25 per transaction 0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation Nil 0.05% of transaction value (Min ₹30)
Pledge Invocation ₹25 per transaction 0.05% of transaction value (Min ₹30)
Failed Instruction Charges Nil Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Monarch Networth vs Reliance Securities on Special Offers and Promotion

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

Compare Monarch Networth vs Reliance Securities on Special Offers and Promotion
  Monarch Networth Reliance Securities
Pay In and Pay Out Options Monarch Networth vs Reliance Securities - Pay In and Pay Out Options Info Not Available Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Monarch Networth vs Reliance Securities - Payout Time Info Not Available Max 24 hrs except bank holidays
Bank Supported and Charges Monarch Networth vs Reliance Securities - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
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...

  • Big margin and option to pay within t+5 days.
  • Dedicated research team.
  • Site wide quote bar.

Detail Review...

Dislikes

Mobile app based trading not available, investment tools missing

Detail Review...

  • Commodity trading not available.
  • Not a 3 in 1 account.
  • Average customer service.
  • Lots of hidden charges.

Detail Review...

Special Offers/Promo
Enquiry Enquire about Monarch Networth Enquire about Reliance Securities

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


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