Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
ProStocksUpstoxPaytmFyers5PaisaTradeSmartAlice Bluem.StockINDmoneyMonarch NetworthShare.Market (PhonePe)Indiabulls SecuritiesFirstock
About 5paisa
5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders.
5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges a flat 20 Rs brokerage irrespective of the size of the trade, segment, or exchange.
5Paisa offers three subscription plans; Regular Account Pack... 
About Monarch Networth
Incorporated in 1993, Monarch Networth Capital Limited (MNCL) is a full-service broker that offers a cost-effective fee structure and multiple product offerings.
The company is an accredited stock broker with BSE, NSDL, MCX, NCDEX, NMCE & DGCX and uses NSDL and CDSL for custodial services. It is also registered with AMFI for mutual fund distribution.
Monarch Networth Capital Key Offerings
Product Range
Equities, derivatives, commodities, mutual funds, IPOs, and NPS
Life, health, ...
Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India. Incorporated in 1993, Monarch Networth is a Full Service Broker. It offers trading at BSE, NSE, MCX & NCDEX. It has 71 branches across India.
| 5paisa | Monarch Networth | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | NSE, BSE | BSE, NSE, MCX & NCDEX |
| Year of Incorporation | 1996 | 1993 |
| Number of Branches | 1 | 71 |
| Open 5paisa Account | Open Monarch Networth Account |
5paisa trading account opening charges is Rs 0 (Free) while Monarch Networth account opening changes is Rs 0 (Free). 5paisa Demat Account AMC Charges is Rs 300 and Monarch Networth Demat Account AMC Charges is Rs 350 PA.
| 5paisa | Monarch Networth | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 300 | Rs 350 PA |
5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Monarch Networth brokerage charges for equity is 0.15% and intraday is 0.01%.
| Account Type | 5paisa Regular Account Plan | Monarch Networth General Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 20 per executed order | 0.15% |
| Equity Intraday | Rs 20 per executed order | 0.01% |
| Equity Futures | Rs 20 per executed order | Rs 15 per lot |
| Equity Options | Rs 20 per executed order | Rs 15 per lot |
| Currency Futures | Rs 20 per executed order | 0.01% |
| Currency Options | Rs 20 per executed order | Rs 15 per lot |
| Commodity Futures | Rs 20 per executed order | 0.01% |
| Commodity Options | Rs 20 per executed order | Rs 15 per lot |
| Special Offer | Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. | Special Offer: FREE account opening. Open an Instant Account & start investing with minimum brokerage along with benefit of research |
| 5paisa | Monarch Networth | |
|---|---|---|
| Account Type | Power Investor Pack | General Plan |
| Fixed Charges | Rs 599 per month | |
| Equity Delivery | Rs 10 per executed order | 0.15% |
| Equity Intraday | Rs 10 per executed order | 0.01% |
| Equity Futures | Rs 10 per executed order | Rs 15 per lot |
| Equity Options | Rs 10 per executed order | Rs 15 per lot |
| Currency Futures | Rs 10 per executed order | 0.01% |
| Currency Options | Rs 10 per executed order | Rs 15 per lot |
| Commodity Futures | Rs 10 per executed order | 0.01% |
| Commodity Options | Rs 10 per executed order | Rs 15 per lot |
| Open 5paisa Account | Open Monarch Networth Account |
| 5paisa | Monarch Networth | |
|---|---|---|
| Account Type | Ultra Trader Pack | General Plan |
| Fixed Charges | Rs 1199 per month | |
| Equity Delivery | Rs 10 per executed order | 0.15% |
| Equity Intraday | Rs 10 per executed order | 0.01% |
| Equity Futures | Rs 10 per executed order | Rs 15 per lot |
| Equity Options | Rs 10 per executed order | Rs 15 per lot |
| Currency Futures | Rs 10 per executed order | 0.01% |
| Currency Options | Rs 10 per executed order | Rs 15 per lot |
| Commodity Futures | Rs 10 per executed order | 0.01% |
| Commodity Options | Rs 10 per executed order | Rs 15 per lot |
| Open 5paisa Account | Open Monarch Networth Account |
| Minimum Brokerage | Rs 20 per trade | Rs 15 per lot |
| Other Charges | ||
| Call & Trade Charges | Additional ₹20 per order + GST | |
| Open 5paisa Account | Open Monarch Networth Account |
5paisa margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Monarch Networth margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| 5paisa | Monarch Networth | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open 5paisa Account | Open Monarch Networth Account |
The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). Monarch Networth offers trading software.
| 5paisa | Monarch Networth | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading | |  |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | 5paisa Trade Station (Web, Mobile App and EXE) | |
| Intraday Square-off Time | Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM | 3:20 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open 5paisa Account | Open Monarch Networth Account |
5paisa is rated of 5 based on 97 customer reviews whereas Monarch Networth is rated of 5 based on 0 customer reviews.
| 5paisa | Monarch Networth | |
|---|---|---|
97 Customer Reviews  | 0 Customer Reviews | |
| Fees |  |  |
| Brokerage |  | |
| Trading Platform |  | |
| Customer Service |  | |
| Research Capabilities |  | |
| Overall Rating |  | |
| Broker Rating | 5paisa is Rated 2.6 / 5 based on 97 customer reviews | Monarch Networth is Rated / 5 based on 0 customer reviews |
| 5paisa | Monarch Networth | |
|---|---|---|
| Contact Broker | FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. | FREE account opening. Open an Instant Account & start investing with minimum brokerage along with benefit of research |
| 5paisa | Monarch Networth | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| 5paisa | Monarch Networth | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open 5paisa Account | Open Monarch Networth Account |
| 5paisa | Monarch Networth | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| 5paisa | Monarch Networth | |
|---|---|---|
| Pros |
| FREE account opening! Open an Instant Account & start investing with minimum brokerage along with benefit of research. |
| Cons |
| Free Account Opening
This is a limited time offer. Open an instant account online and start trading today. |
| Reviews | ||
| Promo / Offers | 5paisa Special Offer5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order. Open Online Account Now! and start trading today. | Monarch Networth Special OfferMonarch Networth (Equity Delivery: 0.15%)
Open an instant Monarch Networth account online and start trading today. |
| Open 5paisa Account | Open Monarch Networth Account |
Open 5paisa Account