ProStocksUpstoxPaytmFyers5PaisaTradeSmartAlice Bluem.StockINDmoneyMonarch NetworthShare.Market (PhonePe)Indiabulls SecuritiesFirstock
About Prostocks
ProStocks is a SEBI registered Stock Broker and Depository Participant. ProStocks is fastest growing flat fee discount stock broker offering online trading at BSE and NSE. ProStocks is famous for the unlimited trading plan. This plan offer unlimited Equity and Derivatives Trading at Rs 899 per month or unlimited Currency Derivatives for Rs 499 per month. They are the cheapest broker in unlimited trading plans. Average share trader save between 60% to 99% on brokerage through this pl... 
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 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. 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.
| Prostocks | Monarch Networth | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE, MCX & NCDEX |
| Year of Incorporation | 2016 | 1993 |
| Number of Branches | 1 | 71 |
| Open Prostocks Account | Open Monarch Networth Account |
Prostocks trading account opening charges is Rs 0 (Free) while Monarch Networth account opening changes is Rs 0 (Free). Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC) and Monarch Networth Demat Account AMC Charges is Rs 350 PA.
| Prostocks | 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 0 (Lifetime Zero AMC) | Rs 350 PA |
Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order whereas Monarch Networth brokerage charges for equity is 0.15% and intraday is 0.01%.
| Account Type | Prostocks Flat Rate Plan | Monarch Networth General Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 0 (Free) | 0.15% |
| Equity Intraday | Rs 15 per executed order | 0.01% |
| Equity Futures | Rs 15 per executed order | Rs 15 per lot |
| Equity Options | Rs 15 per executed order | Rs 15 per lot |
| Currency Futures | Rs 15 per executed order | 0.01% |
| Currency Options | Rs 15 per executed order | Rs 15 per lot |
| Commodity Futures | NA | 0.01% |
| Commodity Options | NA | Rs 15 per lot |
| Special Offer | Special Offer: Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.
| Special Offer: FREE account opening. Open an Instant Account & start investing with minimum brokerage along with benefit of research |
| Prostocks | Monarch Networth | |
|---|---|---|
| Account Type | Unlimited Equity Trading Plan | General Plan |
| Fixed Charges | Rs 899 | |
| Equity Delivery | Rs 0 | 0.15% |
| Equity Intraday | Rs 0 | 0.01% |
| Equity Futures | Rs 0 | Rs 15 per lot |
| Equity Options | Rs 0 | Rs 15 per lot |
| Currency Futures | NA | 0.01% |
| Currency Options | NA | Rs 15 per lot |
| Commodity Futures | NA | 0.01% |
| Commodity Options | NA | Rs 15 per lot |
| Open Prostocks Account | Open Monarch Networth Account |
| Prostocks | Monarch Networth | |
|---|---|---|
| Account Type | Unlimited Currency Trading Plan | General Plan |
| Fixed Charges | Rs 499 | |
| Equity Delivery | NA | 0.15% |
| Equity Intraday | NA | 0.01% |
| Equity Futures | NA | Rs 15 per lot |
| Equity Options | NA | Rs 15 per lot |
| Currency Futures | Rs 0 | 0.01% |
| Currency Options | Rs 0 | Rs 15 per lot |
| Commodity Futures | NA | 0.01% |
| Commodity Options | NA | Rs 15 per lot |
| Open Prostocks Account | Open Monarch Networth Account |
| Minimum Brokerage | Rs 0 | Rs 15 per lot |
| Other Charges | ||
| Call & Trade Charges | Rs 0 (Free) | |
| Open Prostocks Account | Open Monarch Networth Account |
Prostocks 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.
| Prostocks | 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 Prostocks Account | Open Monarch Networth Account |
The trading platforms offered Prostocks include ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API. Monarch Networth offers trading software.
| Prostocks | Monarch Networth | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API | |
| Intraday Square-off Time | Equity 3:15 PM | Curr: 4:45 PM | 3:20 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open Prostocks Account | Open Monarch Networth Account |
Prostocks is rated of 5 based on 42 customer reviews whereas Monarch Networth is rated of 5 based on 0 customer reviews.
| Prostocks | Monarch Networth | |
|---|---|---|
42 Customer Reviews  | 0 Customer Reviews | |
| Fees |  |  |
| Brokerage |  | |
| Trading Platform |  | |
| Customer Service |  | |
| Research Capabilities |  | |
| Overall Rating | | |
| Broker Rating | Prostocks is Rated 3.2 / 5 based on 42 customer reviews | Monarch Networth is Rated / 5 based on 0 customer reviews |
| Prostocks | Monarch Networth | |
|---|---|---|
| Contact Broker | Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.
| FREE account opening. Open an Instant Account & start investing with minimum brokerage along with benefit of research |
| Prostocks | Monarch Networth | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Prostocks | 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 Prostocks Account | Open Monarch Networth Account |
| Prostocks | Monarch Networth | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Prostocks | 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 | ProStocks is among the most popular stock broker in India for unlimited monthly trading plans. ProStocks offer unlimited trading of Rs 899 per month in the Equity segment (delivery, intraday, and F&O segments). For frequent traders, this is the lowest cost broker in the market. ProStocks offer an excellent online trading platform. It includes the mobile app, website, and installable trading terminal. Their customer service is much better than top stock brokers like Zerodha, Upstox, and Groww. You could always reach out to ProStocks on the phone in just a few seconds. | |
| Promo / Offers | Prostocks Special OfferUnlimited Monthly Trading @ Rs 899
This is a limited-time offer. Open FREE Instant Demat Account and start trading today. | Monarch Networth Special OfferMonarch Networth (Equity Delivery: 0.15%)
Open an instant Monarch Networth account online and start trading today. |
| Open Prostocks Account | Open Monarch Networth Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Open Prostocks Account
