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About HDFC Securities
Incorporated in 2000, HDFC Securities is one of the leading full-service stock brokers in India. HDFC Securities is a subsidiary of HDFC Bank. The company allows its customers to trade and invest in shares, bonds, futures, options, buybacks, mutual funds, IPOs, currency derivatives, commodities, stock portfolios, etc. HDFC Securities is a SEBI registered broker and a member of BSE, NSE, MCX, CDSL and NSDL.
HDFC Securities provides trading services through multiple trading platforms to make cust... 
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 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 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.
| HDFC Securities | Monarch Networth | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE, MCX & NCDEX |
| Year of Incorporation | 2002 | 1993 |
| Number of Branches | 270 | 71 |
| Open Monarch Networth Account |
HDFC Securities trading account opening charges is Rs 999 while Monarch Networth account opening changes is Rs 0 (Free). HDFC Securities Demat Account AMC Charges is Rs 750 and Monarch Networth Demat Account AMC Charges is Rs 350 PA.
| HDFC Securities | Monarch Networth | |
|---|---|---|
| Trading Account Opening Charges | Rs 999 | 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 | Rs 350 PA |
HDFC Securities brokerage charges for equity is 0.32% and intraday is 0.032% whereas Monarch Networth brokerage charges for equity is 0.15% and intraday is 0.01%.
| Account Type | HDFC Securities Lite 199 Yearly Subscription Plan | Monarch Networth General Plan |
|---|---|---|
| Fixed Charges | Rs 199 per year | |
| Equity Delivery | 0.32% | 0.15% |
| Equity Intraday | 0.032% | 0.01% |
| Equity Futures | Rs 20 per trade | Rs 15 per lot |
| Equity Options | Rs 20 per trade | 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 | 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 |
| HDFC Securities | Monarch Networth | |
|---|---|---|
| Account Type | Alpha 1,999 | General Plan |
| Fixed Charges | Rs 1999 per year | |
| Equity Delivery | 0.18% | 0.15% |
| Equity Intraday | 0.018% | 0.01% |
| Equity Futures | Rs 20 per trade | Rs 15 per lot |
| Equity Options | Rs 20 per trade | Rs 15 per lot |
| Currency Futures | 0.01% | |
| Currency Options | Rs 15 per lot | |
| Commodity Futures | 0.01% | |
| Commodity Options | Rs 15 per lot | |
| Open Monarch Networth Account |
| HDFC Securities | Monarch Networth | |
|---|---|---|
| Account Type | Alpha 4999 Yearly Subscription Plan | General Plan |
| Fixed Charges | Rs 4,999 per year | |
| Equity Delivery | 0.10% | 0.15% |
| Equity Intraday | 0.010% | 0.01% |
| Equity Futures | Rs 20 per trade | Rs 15 per lot |
| Equity Options | Rs 20 per trade | Rs 15 per lot |
| Currency Futures | 0.01% | |
| Currency Options | Rs 15 per lot | |
| Commodity Futures | 0.01% | |
| Commodity Options | Rs 15 per lot | |
| Open Monarch Networth Account |
| Minimum Brokerage | Rs. 25 per order on equity segment | Rs 15 per lot |
| Other Charges | ||
| Call & Trade Charges | Rs 0 | |
| Open Monarch Networth Account |
HDFC Securities 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.
| HDFC Securities | 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 HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. Monarch Networth offers trading software.
| HDFC Securities | Monarch Networth | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify | |
| Intraday Square-off Time | 3:30 PM | 3:20 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | E-Margin, ENCASH, | |
| Open Monarch Networth Account |
HDFC Securities is rated of 5 based on 231 customer reviews whereas Monarch Networth is rated of 5 based on 0 customer reviews.
| HDFC Securities | Monarch Networth | |
|---|---|---|
231 Customer Reviews  | 0 Customer Reviews | |
| Fees |  |  |
| Brokerage |  | |
| Trading Platform |  | |
| Customer Service |  | |
| Research Capabilities |  | |
| Overall Rating | | |
| Broker Rating | HDFC Securities is Rated 2.1 / 5 based on 231 customer reviews | Monarch Networth is Rated / 5 based on 0 customer reviews |
| HDFC Securities | 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 |
| HDFC Securities | Monarch Networth | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| HDFC Securities | 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 |
| HDFC Securities | Monarch Networth | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| HDFC Securities | 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
