About AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among the top 10 stock brokers in India with over 4.2 lakhs active customers.
AxisDirect offers investment in Equities, Mutua... 
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
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Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 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.
| AxisDirect | Monarch Networth | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX & NCDEX |
| Year of Incorporation | 2006 | 1993 |
| Number of Branches | 56 | 71 |
| Open AxisDirect Account |
AxisDirect trading account opening charges is Rs 0 while Monarch Networth account opening changes is Rs 0 (Free). AxisDirect Demat Account AMC Charges is Rs 750 (free for 1st year) and Monarch Networth Demat Account AMC Charges is Rs 350 PA.
| AxisDirect | 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 750 (free for 1st year) | Rs 350 PA |
AxisDirect brokerage charges for equity is 0.50% (Each Leg) and intraday is 0.05% (Each Leg) whereas Monarch Networth brokerage charges for equity is 0.15% and intraday is 0.01%.
| Account Type | AxisDirect Standard Brokerage Plan | Monarch Networth General Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.50% (Each Leg) | 0.15% |
| Equity Intraday | 0.05% (Each Leg) | 0.01% |
| Equity Futures | 0.05% (Each Leg) | Rs 15 per lot |
| Equity Options | Rs 20 Per Order | Rs 15 per lot |
| Currency Futures | 0.03% (Each Leg) | 0.01% |
| Currency Options | Rs 20 Per Order | Rs 15 per lot |
| Commodity Futures | 0.03% (Each Leg) | 0.01% |
| Commodity Options | Rs 50 per lot | Rs 15 per lot |
| Special Offer | Special Offer: Zero Intraday Brokerage with Axis Direct! MTF Interest – 9.99% p.a. ⏱ 5 min | 100% Online | Paperless | 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. |
| Minimum Brokerage | Rs 25 per trade | Rs 15 per lot |
| Other Charges | ||
| Call & Trade Charges | Rs 20 per call (First 20 calls free for a month) | |
| Open AxisDirect Account |
AxisDirect 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.
| AxisDirect | 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 AxisDirect Account |
The trading platforms offered AxisDirect include DirectTrade, Axisdirect Web, Axisdirect Mobile. Monarch Networth offers trading software.
| AxisDirect | Monarch Networth | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | DirectTrade, Axisdirect Web, Axisdirect Mobile | |
| Intraday Square-off Time | 3:15 | 3:20 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open AxisDirect Account |
AxisDirect is rated of 5 based on 89 customer reviews whereas Monarch Networth is rated of 5 based on 0 customer reviews.
| AxisDirect | Monarch Networth | |
|---|---|---|
89 Customer Reviews  | 0 Customer Reviews | |
| Fees |  |  |
| Brokerage |  | |
| Trading Platform |  | |
| Customer Service |  | |
| Research Capabilities |  | |
| Overall Rating | | |
| Broker Rating | AxisDirect is Rated 2.0 / 5 based on 89 customer reviews | Monarch Networth is Rated / 5 based on 0 customer reviews |
| AxisDirect | Monarch Networth | |
|---|---|---|
| Contact Broker | Zero Intraday Brokerage with Axis Direct! MTF Interest – 9.99% p.a. ⏱ 5 min | 100% Online | Paperless | 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. |
| AxisDirect | Monarch Networth | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| AxisDirect | 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 AxisDirect Account |
| AxisDirect | Monarch Networth | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| AxisDirect | 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 | AxisDirect Special OfferZero Intraday Brokerage with Axis Direct!
Limited-time offer! | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
|
| Open AxisDirect Account |
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