Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
ProStocksUpstoxPaytmFyers5PaisaTradeSmartAlice Bluem.StockINDmoneyMonarch NetworthShare.Market (PhonePe)Indiabulls SecuritiesFirstock
About TradeSmart
TradeSmart is a Mumbai-based broker offering discount brokerage services in stock, commodity and currency trading segments. TradeSmartFintech Securities Ltd, formerly registered as VNS Finance & Capital Services Ltd; is a traditional brokerage company incorporated in 1994 to offer brokerage services to Indian Stock, Commodity & Currency market investors and traders through franchisees and sub-brokers.
TradeSmart offers trading in NSE Cash, NSE F&O, NSE Currency derivatives, BSE Cash, MCX Commodi... 
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, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. 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.
| TradeSmart | Monarch Networth | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX & NCDEX |
| Year of Incorporation | 1994 | 1993 |
| Number of Branches | 1 | 71 |
| Open TradeSmart Account | Open Monarch Networth Account |
TradeSmart trading account opening charges is Free while Monarch Networth account opening changes is Rs 0 (Free). TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free) and Monarch Networth Demat Account AMC Charges is Rs 350 PA.
| TradeSmart | Monarch Networth | |
|---|---|---|
| Trading Account Opening Charges | Free | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Free | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 300 (1st Year Free) | Rs 350 PA |
TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas Monarch Networth brokerage charges for equity is 0.15% and intraday is 0.01%.
| Account Type | TradeSmart Power Plan | Monarch Networth General Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 15 per order | 0.15% |
| Equity Intraday | Rs 15 per order | 0.01% |
| Equity Futures | Rs 15 per order | Rs 15 per lot |
| Equity Options | Rs 15 per order | Rs 15 per lot |
| Currency Futures | Rs 15 per order | 0.01% |
| Currency Options | Rs 15 per order | Rs 15 per lot |
| Commodity Futures | Rs 15 per order | 0.01% |
| Commodity Options | Rs 15 per order | Rs 15 per lot |
| Special Offer | Special Offer: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today. | Special Offer: FREE account opening. Open an Instant Account & start investing with minimum brokerage along with benefit of research |
| TradeSmart | Monarch Networth | |
|---|---|---|
| Account Type | Value Plan | General Plan |
| Fixed Charges | NA | |
| Equity Delivery | 0.07% | 0.15% |
| Equity Intraday | 0.007% | 0.01% |
| Equity Futures | 0.007% | Rs 15 per lot |
| Equity Options | Rs 7 Per Lot | Rs 15 per lot |
| Currency Futures | 0.007% | 0.01% |
| Currency Options | Rs 7 Per Lot | Rs 15 per lot |
| Commodity Futures | 0.007% | 0.01% |
| Commodity Options | Rs 7 Per Lot | Rs 15 per lot |
| Open TradeSmart Account | Open Monarch Networth Account |
| Minimum Brokerage | Rs 15 per executed order | Rs 15 per lot |
| Other Charges | Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order | |
| Call & Trade Charges | Rs 20 per executed order | |
| Open TradeSmart Account | Open Monarch Networth Account |
TradeSmart 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.
| TradeSmart | 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 TradeSmart Account | Open Monarch Networth Account |
The trading platforms offered TradeSmart include Mobile trading app, Desktop trading application, Browser, APIs. Monarch Networth offers trading software.
| TradeSmart | Monarch Networth | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Mobile trading app, Desktop trading application, Browser, APIs | |
| Intraday Square-off Time | Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing | 3:20 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open TradeSmart Account | Open Monarch Networth Account |
TradeSmart is rated of 5 based on 67 customer reviews whereas Monarch Networth is rated of 5 based on 0 customer reviews.
| TradeSmart | Monarch Networth | |
|---|---|---|
67 Customer Reviews  | 0 Customer Reviews | |
| Fees |  |  |
| Brokerage |  | |
| Trading Platform | | |
| Customer Service |  | |
| Research Capabilities |  | |
| Overall Rating | | |
| Broker Rating | TradeSmart is Rated 4.0 / 5 based on 67 customer reviews | Monarch Networth is Rated / 5 based on 0 customer reviews |
| TradeSmart | Monarch Networth | |
|---|---|---|
| Contact Broker | Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today. | FREE account opening. Open an Instant Account & start investing with minimum brokerage along with benefit of research |
| TradeSmart | Monarch Networth | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| TradeSmart | 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 TradeSmart Account | Open Monarch Networth Account |
| TradeSmart | Monarch Networth | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| TradeSmart | 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 | Useful Articles:
| |
| Promo / Offers | TradeSmart Special OfferFlat Rs 15 per trade (FREE Account Opening)
This is a limited-time offer. Open Instant TradeSmart Account online 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 TradeSmart Account | Open Monarch Networth Account |
Open TradeSmart Account