About Indiabulls Securities
Incorporated on October 30, 2003, Indiabulls Securities Limited (ISL), formerly known as Dhani Stocks Limited, is registered with SEBI as both a Stock Broker (INZ000036136) and a Depository Participant (IN-DP-423-2019).
Indiabulls Securities Limited offers the user-friendly yet powerful and feature-rich online trading platforms (Power Indiabulls Desktop software, Web and Indiabulls Securities App)... ![]()
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 2003, Indiabulls Securities is a Discount Broker. It offers trading at BSE, NSE and MCX. 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.
| Indiabulls Securities | Monarch Networth | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE and MCX | BSE, NSE, MCX & NCDEX |
| Year of Incorporation | 2003 | 1993 |
| Number of Branches | 71 | |
| Open Indiabulls Securities Account |
Indiabulls Securities trading account opening charges is Free (NIL) while Monarch Networth account opening changes is Rs 0 (Free). Indiabulls Securities Demat Account AMC Charges is Rs 300 and Monarch Networth Demat Account AMC Charges is Rs 350 PA.
| Indiabulls Securities | Monarch Networth | |
|---|---|---|
| Trading Account Opening Charges | Free (NIL) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | |
| Demat Account Opening Charges | Free (NIL) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 300 | Rs 350 PA |
Indiabulls Securities brokerage charges for equity is Rs 11 per order or 2.5% whichever is lower and intraday is Rs 11 per order or 2.5% whichever is lower whereas Monarch Networth brokerage charges for equity is 0.15% and intraday is 0.01%.
| Account Type | Indiabulls Securities Flat Fee Plan | Monarch Networth General Plan |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | Rs 11 per order or 2.5% whichever is lower | 0.15% |
| Equity Intraday | Rs 11 per order or 2.5% whichever is lower | 0.01% |
| Equity Futures | Rs 11 per Executed order | Rs 15 per lot |
| Equity Options | Rs 11 per Executed order | Rs 15 per lot |
| Currency Futures | Rs 11 per Executed order | 0.01% |
| Currency Options | Rs 11 per Executed order | Rs 15 per lot |
| Commodity Futures | Rs 11 per Executed order | 0.01% |
| Commodity Options | Rs 11 per Executed order | Rs 15 per lot |
| Special Offer | Special Offer: Trade at ₹11 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities.
Open an instant account (FREE) with Indiabulls Securities 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. |
| Minimum Brokerage | Rs 11 | Rs 15 per lot |
| Other Charges | ||
| Call & Trade Charges | Rs 50 | |
| Open Indiabulls Securities Account |
Indiabulls 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.
| Indiabulls 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 Indiabulls Securities Account |
The trading platforms offered Indiabulls Securities include Indiabulls Securities App, Power Indiabulls Web & Power Indiabulls. Monarch Networth offers trading software.
| Indiabulls 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 | Indiabulls Securities App, Power Indiabulls Web & Power Indiabulls | |
| Intraday Square-off Time | 3:15 PM | 3:20 PM |
| Trading In SME Shares Allowed? | ![]() | ![]() |
| Referral Program | ![]() | ![]() |
| Other Features | ||
| Open Indiabulls Securities Account |
Indiabulls Securities is rated of 5 based on 50 customer reviews whereas Monarch Networth is rated of 5 based on 0 customer reviews.
| Indiabulls Securities | Monarch Networth | |
|---|---|---|
| Contact Broker | Trade at ₹11 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities.
Open an instant account (FREE) with Indiabulls Securities 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. |
| Indiabulls 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 Indiabulls Securities Account |
| Indiabulls 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 | Indiabulls Securities Special Offer₹11 brokerage on trades across all segments
Open your instant Indiabulls account online and start trading today. | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open Indiabulls Securities Account |