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About Kotak Securities
Incorporated in 1994, Kotak Securities Ltd is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Research SMS, margin trading, depository services and third-party products like insurance. The company also provides direct access to the US markets. Kotak Securities is a subsidiary of Kotak Mahindra Bank, one o... 
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 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 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.
| Kotak Securities | Monarch Networth | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX & NCDEX |
| Year of Incorporation | 1994 | 1993 |
| Number of Branches | 153 | 71 |
| Open Kotak Securities Account | Open Monarch Networth Account |
Kotak Securities trading account opening charges is Rs 0 (Free) while Monarch Networth account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and Monarch Networth Demat Account AMC Charges is Rs 350 PA.
| Kotak Securities | 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 | Rs 600 | Rs 350 PA |
Kotak Securities brokerage charges for equity is 0.20% and intraday is Rs 10 per order or 0.05%, whichever is lower whereas Monarch Networth brokerage charges for equity is 0.15% and intraday is 0.01%.
| Account Type | Kotak Securities Trade Free Plan | Monarch Networth General Plan |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 0.20% | 0.15% |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 0.01% |
| Equity Futures | Rs 10 per order | Rs 15 per lot |
| Equity Options | Rs 10 per order | Rs 15 per lot |
| Currency Futures | Rs 10 per order | 0.01% |
| Currency Options | Rs 10 per order | Rs 15 per lot |
| Commodity Futures | Rs 10 per order | 0.01% |
| Commodity Options | Rs 10 per order | Rs 15 per lot |
| Special Offer | Special Offer: Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now | Special Offer: FREE account opening. Open an Instant Account & start investing with minimum brokerage along with benefit of research |
| Kotak Securities | Monarch Networth | |
|---|---|---|
| Account Type | Trade Free Youth | General Plan |
| Fixed Charges | ||
| Equity Delivery | Rs 0 | 0.15% |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 0.01% |
| Equity Futures | Rs 10 per order | Rs 15 per lot |
| Equity Options | Rs 10 per order | Rs 15 per lot |
| Currency Futures | Rs 10 per order | 0.01% |
| Currency Options | Rs 10 per order | Rs 15 per lot |
| Commodity Futures | Rs 10 per order | 0.01% |
| Commodity Options | Rs 10 per order | Rs 15 per lot |
| Open Kotak Securities Account | Open Monarch Networth Account |
| Kotak Securities | Monarch Networth | |
|---|---|---|
| Account Type | Trade Free Pro | General Plan |
| Fixed Charges | ||
| Equity Delivery | 0.10% | 0.15% |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 0.01% |
| Equity Futures | Rs 10 per order | Rs 15 per lot |
| Equity Options | Rs 10 per order | Rs 15 per lot |
| Currency Futures | Rs 10 per order | 0.01% |
| Currency Options | Rs 10 per order | Rs 15 per lot |
| Commodity Futures | Rs 10 per order | 0.01% |
| Commodity Options | Rs 10 per order | Rs 15 per lot |
| Open Kotak Securities Account | Open Monarch Networth Account |
| Minimum Brokerage | Rs 15 per lot | |
| Other Charges | ||
| Call & Trade Charges | Rs 49 + GST per executed order | |
| Open Kotak Securities Account | Open Monarch Networth Account |
Kotak 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.
| Kotak 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 Kotak Securities Account | Open Monarch Networth Account |
The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Monarch Networth offers trading software.
| Kotak 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 | Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite | |
| Intraday Square-off Time | 3:20 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | 3-in-1 account | |
| Open Kotak Securities Account | Open Monarch Networth Account |
Kotak Securities is rated of 5 based on 200 customer reviews whereas Monarch Networth is rated of 5 based on 0 customer reviews.
| Kotak Securities | Monarch Networth | |
|---|---|---|
200 Customer Reviews  | 0 Customer Reviews | |
| Fees |  |  |
| Brokerage |  | |
| Trading Platform |  | |
| Customer Service |  | |
| Research Capabilities |  | |
| Overall Rating | | |
| Broker Rating | Kotak Securities is Rated 2.4 / 5 based on 200 customer reviews | Monarch Networth is Rated / 5 based on 0 customer reviews |
| Kotak Securities | Monarch Networth | |
|---|---|---|
| Contact Broker | Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now | FREE account opening. Open an Instant Account & start investing with minimum brokerage along with benefit of research |
| Kotak Securities | Monarch Networth | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Kotak 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 Kotak Securities Account | Open Monarch Networth Account |
| Kotak Securities | Monarch Networth | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Kotak 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 | Kotak Securities Special OfferKotak Securities Trade Free PlanOpen a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now | Monarch Networth Special OfferMonarch Networth (Equity Delivery: 0.15%)
Open an instant Monarch Networth account online and start trading today. |
| Open Kotak Securities Account | Open Monarch Networth Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Open Kotak Securities Account
