About Arihant Capital
Established in 1992, Arihant Capital Markets Limited is a relationship-driven financial services firm with a wide physical presence across India. Its offerings extend beyond trading to include long-term investment and wealth solutions across equities, derivatives, mutual funds, fixed income, PMS, and specialised services for HNIs and NRIs.
Backed by institutional-grade research, portfolio reportin... ![]()
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 1992, Arihant Capital is a Full Service Broker. It offers trading at BSE, NSE. It has 700 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.
| Arihant Capital | Monarch Networth | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE, MCX & NCDEX |
| Year of Incorporation | 1992 | 1993 |
| Number of Branches | 700 | 71 |
Arihant Capital trading account opening charges is Rs 0 (Free) while Monarch Networth account opening changes is Rs 0 (Free). Arihant Capital Demat Account AMC Charges is 1st year Nil; from 2nd year onwards Rs 362 p.a. and Monarch Networth Demat Account AMC Charges is Rs 350 PA.
| Arihant Capital | Monarch Networth | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | 1st year Nil; from 2nd year onwards Rs 362 p.a. | Rs 350 PA |
Arihant Capital brokerage charges for equity is Rs 20 per order | 0.03% (whichever is lower) and intraday is Rs 20 per order | 0.03% (whichever is lower) whereas Monarch Networth brokerage charges for equity is 0.15% and intraday is 0.01%.
| Account Type | Arihant Capital | Monarch Networth General Plan |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | Rs 20 per order | 0.03% (whichever is lower) | 0.15% |
| Equity Intraday | Rs 20 per order | 0.03% (whichever is lower) | 0.01% |
| Equity Futures | Rs 20 per order | 0.03% (whichever is lower) | Rs 15 per lot |
| Equity Options | Rs 50 per lot | Rs 15 per lot |
| Currency Futures | 0.01% of order value | 0.01% |
| Currency Options | Rs 10 per lot | Rs 15 per lot |
| Commodity Futures | MCX: 0.02% order value NCDEX: 0.02% order value | 0.01% |
| Commodity Options | MCX: Rs 50 per lot NCDEX: Rs 20 per lot | Rs 15 per lot |
| 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. | 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. |
Arihant Capital 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.
| Arihant Capital | 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) |
The trading platforms offered Arihant Capital include ArihantPlus App. Monarch Networth offers trading software.
| Arihant Capital | Monarch Networth | |
|---|---|---|
| 3 in 1 Account | ![]() | ![]() |
| Automated Trading | ![]() | ![]() |
| Margin Trading Funding | ![]() | ![]() |
| Margin Against Shares (Equity Cash) | ![]() | ![]() |
| Margin Against Shares (Equity F&O) | ![]() | ![]() |
| Trading Platform | ArihantPlus App | |
| Intraday Square-off Time | 3:20 PM | |
| Trading In SME Shares Allowed? | ![]() | ![]() |
| Referral Program | ![]() | ![]() |
| Other Features | ||
Arihant Capital is rated of 5 based on 0 customer reviews whereas Monarch Networth is rated of 5 based on 0 customer reviews.
| Arihant Capital | Monarch Networth | |
|---|---|---|
| Contact Broker | 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. | 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. |
| Arihant Capital | 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 | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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