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Monarch Networth Vs Share.Market: Which one is better?

Both the brokers are registered with SEBI. Monarch Networth offers investmenet in Equity, F&O, Currency and Commodities, where Share.Market offers investment in Equity, F&O and Currency only. The brokerage of Monarch Networth Max 0.03% to 0.30% per trade while the brokerage of Share.Market ranges between Rs 20. Monarch Networth is a Full Service Broker where Share.Market is a Discount Broker. Monarch Networth is having overall higher rating compare to Share.Market. Monarch Networth is rated 3 out of 5 where Share.Market is rated only out of 5. Number of active customer for Share.Market is 1,22,276 where number of active customer for Monarch Networth is 58,553. Share.Market is serving more customer compare to Monarch Networth.

Here we present side-by-side comparison of Monarch Networth vs Share.Market share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Monarch Networth vs Share.Market's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Monarch Networth vs Share.Market share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Monarch Networth vs Share.Market's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Monarch Networth vs Share.Market on Service

  Monarch Networth Compare
Monarch Networth
Share.Market Compare
Share.Market
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients 58,553 1,22,276
Broker Overview Free Demat Account opening, flexible brokerage plans, an array of online trading platforms, and free equity, commodity, & currency research make Monarch Networth a recommended broker in the list.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Monarch Networth vs Share.Market on Trading & Demat Account Opening Charges

Comparison of Monarch Networth with Share.Market on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Monarch Networth charges Rs 225 PA AMC for Demat account where Share.Market charges Rs 15 per month (Free for 1st Year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Monarch Networth with Share.Market
Charges Monarch Networth Share.Market
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 225 PA Rs 15 per month (Free for 1st Year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Monarch Networth vs Share.Market on Plan Options

Plans are the most important feature you look when compare Monarch Networth with Share.Market. This section compare on high level about type of plans offered by brokers. Multiple Plans - Share.Market provides Multiple Plans where Monarch Networth doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Monarch Networth with Share.Market on Plan Options
Plan Types Monarch Networth Share.Market
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Monarch Networth vs Share.Market on Brokerage Charges

Monarch Networth Brokerage Plan detail - This is a standard plan by Networth Direct. This is a % based brokerage plan that charges a fixed fee of 0.03% to 0.30%.

Share.Market Brokerage Plan detail - PhonePe Share.market offers a fixed flat brokerage model that charges you a maximum Rs 20 per order brokerage on equity intraday, delivery, and equity F&O trading.

Brokerage Charges - Compare Monarch Networth with Share.Market
Brokerage Charges Compare Monarch Networth Share.Market
Plan Name Basic Trading Plan (Percentage Based) Flat Brokerage Plan
Equity Delivery 0.30% 0.05% or Rs 20, whichever is lower
Equity Intraday 0.03% 0.05% or Rs 20, whichever is lower
Equity Futures 0.03% Flat Fee Rs 20
Equity Options Rs 100 per lot Flat Fee Rs 20
Currency Futures 0.03% NA
Currency Options Rs 100 per lot NA
Commodity Trading Rs 100 per lot NA
Minimum Brokerage NIL NA
Hidden Charges Info Not Available No
Call & Trade Charges NA NA
Auto Square off Charges NA Rs 30 per executed order
Brokerage Calculator Brokerage Calculator for Monarch Networth Brokerage Calculator for Share.Market
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Share Broker's Transaction Charges

Compare Monarch Networth vs Share.Market on Transaction Charges

Compare Monarch Networth with Share.Market on transaction charges and PCM fee by segment.

Transaction Charges - Compare Monarch Networth with Share.Market
Transaction Charges Compare Monarch Networth Share.Market
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for monarch-networth-capital Complete Brokerage Plans for share.market
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Account Features

Compare Monarch Networth vs Share.Market on Account Features

Compare Monarch Networth with Share.Market on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - Monarch Networth offers Algo Trading where Share.Market doesn't offers Algo Trading. Margin Funding - Monarch Networth offers a margin funding where Share.Market doesn't offers margin funding. NRI Trading - Monarch Networth offers NRI where Share.Market doesn't offers NRI Trading.

Account Features - Monarch Networth with Share.Market
Account Features Compare Monarch Networth Share.Market
3 in 1 Account No Monarch Networth have 2-in-1 account. Only Demate and Trading account. No Monarch Networth have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:20 PM
NRI Trading Yes No
Other Features Trading software terminal: Fast trade NIL
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Trading Platform

Compare Monarch Networth vs Share.Market on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Monarch Networth and Share.Market. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Monarch Networth with Share.Market
Trading Platform Compare Monarch Networth Share.Market
Web Trading Platform Yes Yes
Web Trading Detail https://trade.mnclgroup.com Share.Market Website
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes
Mobile Trading App MNCL Mobile Trader Share.Market app
Mobile Trading App Demo MNCL Mobile Trader Demo Share.Market app Demo
Android Mobile App Yes Yes
Android App Download Andriod MNCL Mobile Trader Download Andriod Share.Market app Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS MNCL Mobile Trader Download iOS Share.Market app Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Info Not Available Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Monarch Networth Equity Intraday and Delivery Brokerage Calculator for Share.Market
Futures Brokerage Calculator Futures Brokerage Calculator for Monarch Networth Futures Brokerage Calculator for Share.Market
Options Brokerage Calculator Options Brokerage Calculator for Monarch Networth Options Brokerage Calculator for Share.Market
Detail Detail on Trading Platforms for monarch-networth-capital Detail on Trading Platforms for share.market

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Broker Ratings by Users

Compare Monarch Networth vs Share.Market on User Rating

  Monarch Networth Share.Market
  12 Customer Reviews    Rate Monarch Networth 13 Customer Reviews    Rate Share.Market
Fees Ratings 2.8 4.1
Trading Brokerage Rating 3.0 4.7
Trading Platform Usability 3.3 4.1
Customer Service Ratings 3.2 4.4
Overall Ratings 3.3 4.3
Broker Rating Monarch Networth is Rated 3.3 / 5 based on 12 customer reviews Share.Market is Rated 4.3 / 5 based on 13 customer reviews
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Investment Offerings

Compare Monarch Networth vs Share.Market on Investment Offerings

Compare Monarch Networth with Share.Market on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Monarch Networth offers trading options in Commodity (MCX) where Share.Market doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Monarch Networth with Share.Market
Investment Offerings Compare Monarch Networth Share.Market
Equity Cash and F&O Yes Yes
Currency Deravitives Yes No
Commodity Yes No
Online IPO Application No Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service No No
Other Investment Options Health Plan, General Insurance WealthBasket
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Customer Service Offered

Compare Monarch Networth vs Share.Market on Customer Service

Compare Monarch Networth with Share.Market on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Monarch Networth with Share.Market
Customer Service Compare Monarch Networth Share.Market
24/7 Customer Service Monarch Networth vs Share.Market - 24x7 customer support No No
Email Support Monarch Networth vs Share.Market - Email Support Yes Yes
Onine Live Chat Monarch Networth vs Share.Market - Onine Live Chat No Yes
Phone Support Monarch Networth vs Share.Market - Phone Support Yes No
Toll Free Number Monarch Networth vs Share.Market - Toll Free Number No No
Through Branches Monarch Networth vs Share.Market - Through Branches Yes No
Customer Care Number Monarch Networth vs Share.Market - Customer Care Number 022-43211800 /079-26666500 080-68727687
Account Opening Process Monarch Networth vs Share.Market - Account Opening Process Info Not Available Paperless
Customer Support Email Monarch Networth vs Share.Market - Customer Support Email [email protected] [email protected].
Knowledge Center/Education Monarch Networth vs Share.Market - Knowledge Center/Education Info Not Available https://share.market/support/home/
Head Office Address Monarch Networth vs Share.Market - Head Office Address/Corporate Address Info Not Available 2, Floor 3, Wing A, Block A, Salarpuria Softzone,
Bellandur Village, Varthur Hobli, Outer Ring Road,
Bangalore South, Bangalore , Karnataka - 560103
Website Monarch Networth vs Share.Market - Company Website https://www.mnclgroup.com/ https://share.market/
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Tips/Research/Reports Published

Compare Monarch Networth vs Share.Market on Research Reports, Tips

Compare Monarch Networth with Share.Market on research reports and tips provided by the broker.

Research Reports - Compare Monarch Networth with Share.Market
  Monarch Networth Share.Market
Research Mutual Funds Monarch Networth vs Share.Market - Research Mutual Funds No No
Research Equity Reports Monarch Networth vs Share.Market - Research Equity Reports No No
Research ETF Monarch Networth vs Share.Market - Research ETF No No
Daily Market Report Monarch Networth vs Share.Market - Daily Market Report Yes No
Free Tips Monarch Networth vs Share.Market - Free Tips Yes No
Quarterly Result Analysis Monarch Networth vs Share.Market - Quarterly Results Yes No
News Alerts Monarch Networth vs Share.Market - Yes No
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Demat Account

Compare Monarch Networth vs Share.Market on Demat Account

Compare Monarch Networth with Share.Market on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Share.Market is ₹15 pm where for Monarch Networth is ₹500 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Monarch Networth is ₹25 or 0.025% (Whichever is higher) where for Share.Market is ₹13.50.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Monarch Networth with Share.Market
  Monarch Networth Share.Market
DP Source CDSL CDSL
DP ID Monarch Networth vs Share.Market - DP ID 35000 96000
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹15 pm
Advance Deposit NIL NIL
Statutory charges Nil NIL
Transaction Charges on Debit (Per ISIN) ₹25 or 0.025% (Whichever is higher) ₹13.50
Demat ₹5 per certificate (Min ₹40) + ₹45 courier charges ₹150 per certificate + Courier Charges
Remat ₹10 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹45 courier charges ₹150 per certificate + Courier Charges
Pledge Creation ₹50 per transaction ₹20
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹25 per transaction ₹20
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹25 per transaction ₹20
Failed Instruction Charges Nil ₹50
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Monarch Networth vs Share.Market on Special Offers and Promotion

Compare Monarch Networth with Share.Market on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Monarch Networth vs Share.Market on Special Offers and Promotion
  Monarch Networth Share.Market
Likes
  • All-in-one broker for your trading and investing requirements.
  • Zero Demat account opening fees.
  • Multiple pricing plans for customers.
  • Trade on the mobile trader app and web platform.
  • Global investing platform to invest in the US stocks.
  • Free Research offerings; equity research, commodity & currency, stock ideas, etc.
  • Robust PAN-India presence.

Detail Review...

  • No onboarding fee and paperless account opening process
  • Lowest Demat account maintenance fee, Rs 15/month charged quarterly
  • It charges competitive brokerage fee of Rs 20/order like Groww, Zerodha, and Fyers.
  • WealthBasket, research-driven basket of stocks and ETFs for investment
  • User-friendly mobile app and web-based trading platforms for novice traders and investors.
  • Low auto-square off charges for MIS positions, charges Rs 30/order while Zerodha and Groww charges Rs 50/order.
  • Stock factor analysis to pick right stock for investment
  • Pledge your holdings for margin trading

Detail Review...

Dislikes
  • Primitive user interface of MNCL Mobile app that makes it difficult to use for beginners.
  • Does not offer NRI trading.
  • Does not provide a 3-in-1 trading account.
  • No Good till triggered (GTT) order facility.

Detail Review...

  • Delivery trading is not free.
  • Commodity and currency trading not available.
  • Share.Market does not provide trading tips.
  • PhonePe does not offer direct mutual funds for investment.
  • NRI trading is not available.
  • No call & trade facility
  • Advance features such as trading from charts, basket order, GTT order are not available.
  • It does not provide zero brokerage unlimited trading plans.

Detail Review...

Special Offers/Promo Free Account Opening, No Demat AMC for 1st Year, Equity and F&O trading at Rs 20/order maximum brokerage, and No Hidden Charges
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

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