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About Alice Blue
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL.
AliceBlue offers one simple brokerage plan of Rs 20 for all segments to its customers. The equity delivery brokerage charges are Rs 20 per executed order or 2.5% whichever is lower. For all other segments, Alice Blue charges flat Rs 20 per executed order or 0.05%... 
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 0, Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 0 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.
| Alice Blue | Monarch Networth | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX & NCDEX |
| Year of Incorporation | 0 | 1993 |
| Number of Branches | 0 | 71 |
| Open Alice Blue Account | Open Monarch Networth Account |
Alice Blue trading account opening charges is Rs 0 while Monarch Networth account opening changes is Rs 0 (Free). Alice Blue Demat Account AMC Charges is Rs 400 and Monarch Networth Demat Account AMC Charges is Rs 350 PA.
| Alice Blue | Monarch Networth | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 400 | Rs 350 PA |
Alice Blue brokerage charges for equity is Rs 20 per order or 2.5% whichever is lower and intraday is Rs 20 per order or 0.05% whichever is lower whereas Monarch Networth brokerage charges for equity is 0.15% and intraday is 0.01%.
| Account Type | Alice Blue Default | Monarch Networth General Plan |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | Rs 20 per order or 2.5% whichever is lower | 0.15% |
| Equity Intraday | Rs 20 per order or 0.05% whichever is lower | 0.01% |
| Equity Futures | Rs 20 per order or 0.05% whichever is lower | Rs 15 per lot |
| Equity Options | Rs 20 per order | Rs 15 per lot |
| Currency Futures | Rs 20 per order or 0.05% whichever is lower | 0.01% |
| Currency Options | Rs 20 per order | Rs 15 per lot |
| Commodity Futures | Rs 20 per order or 0.05% whichever is lower | 0.01% |
| Commodity Options | Rs 20 per order | Rs 15 per lot |
| Special Offer | Special Offer: Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today. | Special Offer: FREE account opening. Open an Instant Account & start investing with minimum brokerage along with benefit of research |
| Minimum Brokerage | Rs 0 | Rs 15 per lot |
| Other Charges | ||
| Call & Trade Charges | Rs 50 per executed order | |
| Open Alice Blue Account | Open Monarch Networth Account |
Alice Blue 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.
| Alice Blue | 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 Alice Blue Account | Open Monarch Networth Account |
The trading platforms offered Alice Blue include Front End: ANT | Back End: Omnesys NEST. Monarch Networth offers trading software.
| Alice Blue | Monarch Networth | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Front End: ANT | Back End: Omnesys NEST | |
| Intraday Square-off Time | Equity: 3:15PM | 3:20 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open Alice Blue Account | Open Monarch Networth Account |
Alice Blue is rated of 5 based on 40 customer reviews whereas Monarch Networth is rated of 5 based on 0 customer reviews.
| Alice Blue | Monarch Networth | |
|---|---|---|
40 Customer Reviews  | 0 Customer Reviews | |
| Fees |  |  |
| Brokerage | | |
| Trading Platform |  | |
| Customer Service |  | |
| Research Capabilities |  | |
| Overall Rating |  | |
| Broker Rating | Alice Blue is Rated 3.1 / 5 based on 40 customer reviews | Monarch Networth is Rated / 5 based on 0 customer reviews |
| Alice Blue | Monarch Networth | |
|---|---|---|
| Contact Broker | Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today. | FREE account opening. Open an Instant Account & start investing with minimum brokerage along with benefit of research |
| Alice Blue | Monarch Networth | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Alice Blue | 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 Alice Blue Account | Open Monarch Networth Account |
| Alice Blue | Monarch Networth | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Alice Blue | 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 | Alice Blue Special OfferFree Equity Delivery TradeTrade equity delivery in Rs 20 per executed order or 2.5% whichever is lower. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue 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 Alice Blue Account | Open Monarch Networth Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Open Alice Blue Account
