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
P... 
About INDmoney
Founded in 2019, INDmoney Private Limited is India's "Super Finance App" that helps you manage, plan and grow your money and all in one place. With INDmoney, you can track your entire family's finances, set savings goals and invest in various options like Indian stocks, US stocks, mutual funds, ETFs, fixed deposits, IPOs and more.
INDmoney is registered with SEBI as an investment advisor. INDmone...
Incorporated in 1993, Monarch Networth is a Full Service Broker. It offers trading at BSE, NSE, MCX & NCDEX. It has 71 branches across India. Incorporated in 2019, INDmoney is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.
| Monarch Networth | INDmoney | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX & NCDEX | BSE, NSE |
| Year of Incorporation | 1993 | 2019 |
| Number of Branches | 71 | 1 |
| Open INDmoney Account |
Monarch Networth trading account opening charges is Rs 0 (Free) while INDmoney account opening changes is Rs 0. Monarch Networth Demat Account AMC Charges is Rs 350 PA and INDmoney Demat Account AMC Charges is Rs 0.
| Monarch Networth | INDmoney | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 350 PA | Rs 0 |
Monarch Networth brokerage charges for equity is 0.15% and intraday is 0.01% whereas INDmoney brokerage charges for equity is 0.05% of order value or Rs 20, whichever is lower and intraday is 0.05% of order value or Rs 20, whichever is lower.
| Account Type | Monarch Networth General Plan | INDmoney Standard Plan |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 0.15% | 0.05% of order value or Rs 20, whichever is lower |
| Equity Intraday | 0.01% | 0.05% of order value or Rs 20, whichever is lower |
| Equity Futures | Rs 15 per lot | Rs 20 per executed order |
| Equity Options | Rs 15 per lot | Rs 20 per executed order |
| 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: Invest in the Indian market at a flat 20 per trade and 0 commission Mutual Funds. Get a 4X instant wallet boost with MTF at just 0.04% daily interest. Open a lifetime Free account now. Invest in Indian and US stocks from one app, starting at just Rs 100. |
| Minimum Brokerage | Rs 15 per lot | Rs 2 |
| Other Charges | ||
| Call & Trade Charges | Rs 500 | |
| Open INDmoney Account |
Monarch Networth margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the INDmoney margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Monarch Networth | INDmoney | |
|---|---|---|
| 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 INDmoney Account |
The trading platforms offered Monarch Networth include . INDmoney offers INDmoney App, INDstocks App and INDmoney Web Platform trading software.
| Monarch Networth | INDmoney | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | INDmoney App, INDstocks App and INDmoney Web Platform | |
| Intraday Square-off Time | 3:20 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open INDmoney Account |
Monarch Networth is rated of 5 based on 0 customer reviews whereas INDmoney is rated of 5 based on 1 customer reviews.
| Monarch Networth | INDmoney | |
|---|---|---|
0 Customer Reviews  | 1 Customer Reviews | |
| Fees |  |  |
| Brokerage | |  |
| Trading Platform | |  |
| Customer Service | | |
| Research Capabilities | | |
| Overall Rating | | |
| Broker Rating | Monarch Networth is Rated / 5 based on 0 customer reviews | INDmoney is Rated 4.0 / 5 based on 1 customer reviews |
| Monarch Networth | INDmoney | |
|---|---|---|
| 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 in the Indian market at a flat 20 per trade and 0 commission Mutual Funds. Get a 4X instant wallet boost with MTF at just 0.04% daily interest. Open a lifetime Free account now. Invest in Indian and US stocks from one app, starting at just Rs 100. |
| Monarch Networth | INDmoney | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Monarch Networth | INDmoney | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open INDmoney Account |
| Monarch Networth | INDmoney | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Monarch Networth | INDmoney | |
|---|---|---|
| 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
| INDmoney Special OfferFree stock trading and mutual funds Account
Limited-time offer! Open your instant INDmoney account (FREE) online and start trading today. |
| Open INDmoney Account |
Expand all
Open INDmoney Account