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About Dhan
Incorporated in 2021, Dhan is a Mumbai-based financial services company operating primarily in India. In today's fast-paced world, every second or third person is looking for effective investment options to create wealth, and Dhan is committed to providing these options.
Dhan is registered with SEBI as a stockbroker. In addition, Dhan is also registered with CDSL as well as NSE, BSE and MCX stock exchanges. Dhan offers a variety of products including Stocks, ETFs, Options, Futures and Commoditi... 
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, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. 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.
| Dhan | Monarch Networth | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX & NCDEX |
| Year of Incorporation | 2021 | 1993 |
| Number of Branches | 1 | 71 |
| Open Monarch Networth Account |
Dhan trading account opening charges is Rs 0 (Free) while Monarch Networth account opening changes is Rs 0 (Free). Dhan Demat Account AMC Charges is ₹0 (Lifetime Zero AMC) and Monarch Networth Demat Account AMC Charges is Rs 350 PA.
| Dhan | Monarch Networth | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | ₹0 (Free) | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | ₹0 (Lifetime Zero AMC) | Rs 350 PA |
Dhan brokerage charges for equity is Rs. 0 and intraday is Rs 20 or 0.03% of trade value, whichever is lower whereas Monarch Networth brokerage charges for equity is 0.15% and intraday is 0.01%.
| Account Type | Dhan Flat Rate Plan | Monarch Networth General Plan |
|---|---|---|
| Fixed Charges | Rs 0 or Nill | |
| Equity Delivery | Rs. 0 | 0.15% |
| Equity Intraday | Rs 20 or 0.03% of trade value, whichever is lower | 0.01% |
| Equity Futures | Rs 20 or 0.03% of trade value, whichever is lower | Rs 15 per lot |
| Equity Options | Rs 20 per executed order | Rs 15 per lot |
| Currency Futures | Rs 20 per executed order or 0.03% of trade value | 0.01% |
| Currency Options | Rs 20 per executed order | Rs 15 per lot |
| Commodity Futures | Rs 20 or 0.03% of trade value, whichever is lower | 0.01% |
| Commodity Options | Rs 20 per executed order | 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. | 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 per order | |
| Open Monarch Networth Account |
Dhan 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.
| Dhan | 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 Monarch Networth Account |
The trading platforms offered Dhan include Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API. Monarch Networth offers trading software.
| Dhan | Monarch Networth | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API | |
| Intraday Square-off Time | 3:20 PM | 3:20 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | APIs for Algo Trading, smallcases on Dhan | |
| Open Monarch Networth Account |
Dhan is rated of 5 based on 29 customer reviews whereas Monarch Networth is rated of 5 based on 0 customer reviews.
| Dhan | Monarch Networth | |
|---|---|---|
29 Customer Reviews  | 0 Customer Reviews | |
| Fees |  |  |
| Brokerage |  | |
| Trading Platform |  | |
| Customer Service |  | |
| Research Capabilities |  | |
| Overall Rating |  | |
| Broker Rating | Dhan is Rated 3.1 / 5 based on 29 customer reviews | Monarch Networth is Rated / 5 based on 0 customer reviews |
| Dhan | 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. | FREE account opening. Open an Instant Account & start investing with minimum brokerage along with benefit of research |
| Dhan | Monarch Networth | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Dhan | 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 Monarch Networth Account |
| Dhan | Monarch Networth | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Dhan | 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
| Monarch Networth Special OfferMonarch Networth (Equity Delivery: 0.15%)
Open an instant Monarch Networth account online and start trading today. |
| Open Monarch Networth Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Open Monarch Networth Account
