Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
ProStocksUpstoxPaytmFyers5PaisaTradeSmartAlice Bluem.StockINDmoneyMonarch NetworthShare.Market (PhonePe)Indiabulls SecuritiesFirstockThe side-by-side comparison of ICICIdirect and Monarch Networth Demat Account. Compare ICICIdirect Vs Monarch Networth Demat Account charges, AMC and Fees. Read Monarch Networth and ICICIdirect demat Account review.
Find out ICICIdirect Vs Monarch Networth which is better demat account and ICICIdirect Vs Monarch Networth which is best demat account.
Our ICICI Securities Pvt Ltd. demat account comparison with Monarch Networth Capital Ltd highlights the major differences between two brokers. Find the best demat between ICICIdirect and Monarch Networth.
| ICICIdirect | Monarch Networth | |
|---|---|---|
 |  | |
| About the Broker | ICICI Direct is the online trading and investment platform of ICICI Securities Limited (I-Sec), a subsidiary of ICICI Bank Ltd. Launched in 1995, ICICI Direct offers a comprehensive financial marketplace catering to retail and institutional investors. ICICI Direct is registered with SEBI as a stockbroker, Merchant Banker, Portfolio Manager, Investment Adviser, and Research Analyst. It is also a Corporate Agent under IRDAI and a Point of Presence (POP) under PFRDA for distributing the National Pension Scheme (NPS). NSDL DP ID IN301348 and CDSL DP ID 16014300. | |
| DP ID | 16014300 | 35000 and IN303052 |
| Contact Info | ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India. | Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382355, Gujarat |
| Services Offered | The services offered include Equity, Derivatives, IPO, Mutual Funds, Fixed Deposits, Bonds, and Commodity trading at BSE and NSE. | |
| Find more info about broker | ||
| Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Special Offer: FREE account opening. Open an Instant Account & start investing with minimum brokerage along with benefit of research |
| ICICIdirect | Monarch Networth | |
|---|---|---|
| Demat Account Opening Fee | No Fees | Rs 0 (Free) |
| Demat Account AMC | For Individual account: ₹700 p.a. For Corporate account: ₹500 p.a. (W.e.f. 01. Oct.2013) | Rs 350 p.a. (First 6 Month Free) |
| Advance Deposit | Rs. 0 | Rs 0 |
| Open Monarch Networth Account |
| ICICIdirect | Monarch Networth | |
|---|---|---|
| Dematerialisation Charges | ₹50 Per Demat Request Form and ₹3 For Each Certificates | Rs 5 Per Certificate with min Rs 40 Per request + Rs 45 Courier Charges per request |
| Rematerialisation Charges | ₹25 + CDSL charges at actual | Rs 45 Postage Charges + Rs 10 Per 100 Securities / Rs 20 Per Certificate whichever is higher, Maximum Rs 5,00,000 |
| Transaction Charges (Credit or Buy) | ||
| Transaction Charges (Debit or Sell) | Rs 0. (NIL Instruction submitted through Internet (E-inst / IVR) - 0.04% of value of securities(Min. Rs 30 and Max Rs 25,000). Instruction submitted through Call Centre - 0.04% of value of securities(Min. Rs 35 and Max Rs 25,000). Instruction submitted at Branches - Nil charges for Trades done at www.icicidirect.com. | Rs 20 or 0.025% (Whichever is higher) |
| Pledge Creation Charges | 0.02% or minimum of ₹35 if ICICI Bank is counter party. Otherwise, 0.04% or a minimum of Rs.45 | Rs 15 Per Instruction |
| Pledge Creation Confirmation Charges | 0.02% or minimum of ₹35 if ICICI Bank is counter party. Otherwise, 0.04% or a minimum of Rs.45 | |
| Pledge Invocation Charges | 0.02% or minimum of ₹35 if ICICI Bank is counter party. Otherwise, 0.04% or a minimum of Rs.45 | Rs 15 Per Instruction |
| Failed Instruction Charges | NA | Rs 50 Per Instruction |
| Other Charges | Services will be restored only on full payment of AMC or any Demat charges by the customer. | Market/Off Market Transfer (Per Transaction): Rs 30 or 0.030% (Whichever is higher) Margin Pledge in favour of TM/CM: Rs 12 Per Instruction In favour of MNCL Rs 25 Per Instruction In favour of other than MNCL |
| ICICIdirect Enquire | Monarch Networth Enquire | |
|---|---|---|
| Contact Broker | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Monarch NetworthSpecial OfferMonarch Networth (Equity Delivery: 0.15%)
Open an instant Monarch Networth account online and start trading today. |
Open Monarch Networth Account