Upstox Vs Monarch Networth (Compare Upstox and Monarch Networth)

Upstox Vs Monarch Networth

Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 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.

	Upstox	Monarch Networth
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX & NCDEX
Year of Incorporation	2012	1993
Number of Branches	4	71
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Upstox Vs Monarch Networth Charges & AMC

Upstox trading account opening charges is Rs 0 (Free) while Monarch Networth account opening changes is Rs 0 (Free). Upstox Demat Account AMC Charges is Rs 150 and Monarch Networth Demat Account AMC Charges is Rs 350 PA.

	Upstox	Monarch Networth
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 150	Rs 350 PA

Upstox Vs Monarch Networth Brokerage

Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower whereas Monarch Networth brokerage charges for equity is 0.15% and intraday is 0.01%.

Account Type	Upstox Default	Monarch Networth General Plan
Fixed Charges	NA
Equity Delivery	Rs 20 per executed order or 2.5% whichever is low	0.15%
Equity Intraday	Rs 20 per executed order or 0.05% whichever is lower	0.01%
Equity Futures	Rs 20 per executed order or 0.05% whichever is lower	Rs 15 per lot
Equity Options	Rs 20 per executed order	Rs 15 per lot
Currency Futures	Rs 20 per executed order or 0.05% whichever is lower	0.01%
Currency Options	Rs 20 per executed order	Rs 15 per lot
Commodity Futures	Rs 20 per executed order or 0.05% whichever is lower	0.01%
Commodity Options	Rs 20 per executed order	Rs 15 per lot
Special Offer	Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account 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.

Upstox Vs Monarch Networth Leverage (Margin)

Upstox 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.

	Upstox	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)
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Compare Upstox and Monarch Networth Features

The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. Monarch Networth offers trading software.

	Upstox	Monarch Networth
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time	3:00 PM	3:20 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Option strategy builder
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Upstox Vs Monarch Networth Review

Upstox is rated of 5 based on 150 customer reviews whereas Monarch Networth is rated of 5 based on 0 customer reviews.

	Upstox	Monarch Networth
	150 Customer Reviews	0 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	Upstox is Rated 2.4 / 5 based on 150 customer reviews	Monarch Networth is Rated / 5 based on 0 customer reviews