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About Firstock
Incorporated in 2021, Firstock Broking Private Limited is a next-generation investment and trading platform revolutionising discount broking in India through technology-led innovation. Firstock is built on a vision to make financial services more accessible, efficient, and user-friendly.
With a strong focus on a customer-centric and tech-first approach, the platform simplifies the trading experience through an intuitive and self-educating interface.
Trusted by over 25,000 active users, Firstock ... 
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 2021, Firstock is a Discount Broker. It offers trading at BSE, NSE. It has 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.
| Firstock | Monarch Networth | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE, MCX & NCDEX |
| Year of Incorporation | 2021 | 1993 |
| Number of Branches | 71 | |
| Open Firstock Account | Open Monarch Networth Account |
Firstock trading account opening charges is Rs 0 (Free) while Monarch Networth account opening changes is Rs 0 (Free). Firstock Demat Account AMC Charges is Rs 0 (Free) and Monarch Networth Demat Account AMC Charges is Rs 350 PA.
| Firstock | 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 0 (Free) | Rs 350 PA |
Firstock brokerage charges for equity is Rs 0 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 | Firstock | Monarch Networth General Plan |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | Rs 0 | 0.15% |
| Equity Intraday | Rs 20 per executed order | 0.01% |
| Equity Futures | Rs 20 per order, 0.03% or whichever is lower | Rs 15 per lot |
| Equity Options | Rs 20 per order, 0.03% or whichever is lower | Rs 15 per lot |
| Currency Futures | 0.01% | |
| Currency Options | Rs 15 per lot | |
| Commodity Futures | 0.01% | |
| Commodity Options | Rs 15 per lot | |
| Special Offer | Special Offer: Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges.
Open Free Demat account
with Firstock 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 20 | Rs 15 per lot |
| Other Charges | ||
| Call & Trade Charges | Rs 50 | |
| Open Firstock Account | Open Monarch Networth Account |
Firstock 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.
| Firstock | 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 Firstock Account | Open Monarch Networth Account |
The trading platforms offered Firstock include Firstock - Trade & Invest: Mobile App, Desktop Exe, Firstock Web. Monarch Networth offers trading software.
| Firstock | Monarch Networth | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Firstock - Trade & Invest: Mobile App, Desktop Exe, Firstock Web | |
| Intraday Square-off Time | 3:25 PM | 3:20 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | APIs for Algo Trading | |
| Open Firstock Account | Open Monarch Networth Account |
Firstock is rated of 5 based on 1 customer reviews whereas Monarch Networth is rated of 5 based on 0 customer reviews.
| Firstock | Monarch Networth | |
|---|---|---|
1 Customer Reviews  | 0 Customer Reviews | |
| Fees |  |  |
| Brokerage | | |
| Trading Platform | | |
| Customer Service | | |
| Research Capabilities | | |
| Overall Rating | | |
| Broker Rating | Firstock is Rated 3.0 / 5 based on 1 customer reviews | Monarch Networth is Rated / 5 based on 0 customer reviews |
| Firstock | Monarch Networth | |
|---|---|---|
| Contact Broker | Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges.
Open Free Demat account
with Firstock and start trading today. | FREE account opening. Open an Instant Account & start investing with minimum brokerage along with benefit of research |
| Firstock | Monarch Networth | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Firstock | 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 Firstock Account | Open Monarch Networth Account |
| Firstock | Monarch Networth | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Firstock | 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 | Firstock Special OfferUnlimited Trades @ ZERO Brokerage on Delivery trades
This is a limited-time offer. Open a Free Demat Account online 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 Firstock Account | Open Monarch Networth Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Open Firstock Account
