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Monarch Networth Vs SAS Online: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Monarch Networth Max 0.03% to 0.30% per trade while the brokerage of SAS Online ranges between Rs 9/order or 999 PM. Monarch Networth is a Full Service Broker where SAS Online is a Discount Broker. Monarch Networth is having overall lower rating compare to SAS Online. Monarch Networth is rated only 3 out of 5 where SAS Online is rated 4 out of 5. Number of active customer for Monarch Networth is 57,228 where number of active customer for SAS Online is 21,121. Monarch Networth is serving more customer compare to SAS Online.

Here we present side-by-side comparison of Monarch Networth vs SAS Online 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 SAS Online'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 SAS Online 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 SAS Online'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 SAS Online on Service

  Monarch Networth Compare
Monarch Networth
SAS Online Compare
SAS Online
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, MCX
Active Clients 57,228 21,121
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. SAS Online is one of the popular discount brokers in India with the best pricing plans at flat Rs. 9/order or Rs. 999 unlimited monthly trading plan, and powerful Alpha trading platform with technical charting.
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 SAS Online on Trading & Demat Account Opening Charges

Comparison of Monarch Networth with SAS Online on trading & demat account opening charges and AMC. Trading account opening charges - Monarch Networth offer Free account opening where SAS Online charges Equity: Rs 200 and Commodity: Rs 200 for account opening. Demat AMC charges - Monarch Networth charges Rs 225 PA AMC for Demat account where SAS Online charges Rs 200 AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Monarch Networth with SAS Online
Charges Monarch Networth SAS Online
Trading Account Opening Fees Free Equity: Rs 200 and Commodity: Rs 200
Trading AMC Free Free
Demat Account Opening Fees Free Rs 200
Demat AMC Rs 225 PA Rs 200
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Monarch Networth vs SAS Online on Plan Options

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

Compare Monarch Networth with SAS Online on Plan Options
Plan Types Monarch Networth SAS Online
Multiple Plans No Yes
Monthly Plans No Yes
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 SAS Online 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%.

SAS Online Brokerage Plan detail - Rs 9 Per executable plan is good for all types of investors. For Equity intraday 0.01% or Rs 9 whichever is lower and for delivery 0.1% or Rs 9 whichever is lower.

Brokerage Charges - Compare Monarch Networth with SAS Online
Brokerage Charges Compare Monarch Networth SAS Online
Plan Name Basic Trading Plan (Percentage Based) Max Rs 9 Per Order Trading Plan
Equity Delivery 0.30% 0.1% or Rs 9 whichever is lower
Equity Intraday 0.03% 0.01% or Rs 9 whichever is lower
Equity Futures 0.03% 0.01% or Rs 9 whichever is lower
Equity Options Rs 100 per lot Flat Fee Rs 9
Currency Futures 0.03% 0.01% or Rs 9 whichever is lower
Currency Options Rs 100 per lot Flat Fee Rs 9
Commodity Trading Rs 100 per lot Flat Fee Rs 9
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available No
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges NA Rs 20 per executed Order
Auto Square off Charges NA Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for Monarch Networth Brokerage Calculator for SAS Online
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Share Broker's Transaction Charges

Compare Monarch Networth vs SAS Online on Transaction Charges

Compare Monarch Networth with SAS Online on transaction charges and PCM fee by segment.

Transaction Charges - Compare Monarch Networth with SAS Online
Transaction Charges Compare Monarch Networth SAS Online
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 sasonline
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Account Features

Compare Monarch Networth vs SAS Online on Account Features

Compare Monarch Networth with SAS Online 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 - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Monarch Networth offers a margin funding where SAS Online doesn't offers margin funding. NRI Trading - Monarch Networth offers NRI where SAS Online doesn't offers NRI Trading.

Account Features - Monarch Networth with SAS Online
Account Features Compare Monarch Networth SAS Online
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 Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features Trading software terminal: Fast trade NIL
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Trading Platform

Compare Monarch Networth vs SAS Online on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Monarch Networth and SAS Online. 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 SAS Online
Trading Platform Compare Monarch Networth SAS Online
Desktop Trading Platform FastTrade Alpha Trader
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.mnclgroup.com https://alpha.sasonline.in/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App MNCL Mobile Trader Alpha Mobile
Mobile Trading App Demo Info Not Available Alpha Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod MNCL Mobile Trader Download Andriod Alpha Mobile Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS MNCL Mobile Trader Download iOS Alpha Mobile 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 SAS Online
Futures Brokerage Calculator Futures Brokerage Calculator for Monarch Networth Futures Brokerage Calculator for SAS Online
Options Brokerage Calculator Options Brokerage Calculator for Monarch Networth Options Brokerage Calculator for SAS Online
Detail Detail on Trading Platforms for monarch-networth-capital Detail on Trading Platforms for sasonline

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Broker Ratings by Users

Compare Monarch Networth vs SAS Online on User Rating

  Monarch Networth SAS Online
  12 Customer Reviews    Rate Monarch Networth 13 Customer Reviews    Rate SAS Online
Fees Ratings 2.8 3.5
Trading Brokerage Rating 3.0 4.7
Trading Platform Usability 3.3 4.1
Customer Service Ratings 3.2 4.5
Overall Ratings 3.3 4.5
Broker Rating Monarch Networth is Rated 3.3 / 5 based on 12 customer reviews SAS Online is Rated 4.5 / 5 based on 13 customer reviews
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Investment Offerings

Compare Monarch Networth vs SAS Online on Investment Offerings

Compare Monarch Networth with SAS Online 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 - Both broker offers trading options in Commodity (MCX). 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 SAS Online
Investment Offerings Compare Monarch Networth SAS Online
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
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 NIL
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Order Types

Compare Monarch Networth vs SAS Online on Order Types

Order Type - Compare Monarch Networth with SAS Online on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - SAS Online provides Cover Orders (CO) where Monarch Networth doesn't offer,Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - SAS Online provides Bracket Orders (BO) where Monarch Networth doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Monarch Networth with SAS Online
Order Type Compare Monarch Networth SAS Online
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No Yes
Bracket order No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
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Customer Service Offered

Compare Monarch Networth vs SAS Online on Customer Service

Compare Monarch Networth with SAS Online 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 SAS Online
Customer Service Compare Monarch Networth SAS Online
24/7 Customer Service Monarch Networth vs SAS Online - 24x7 customer support No No
Email Support Monarch Networth vs SAS Online - Email Support Yes Yes
Onine Live Chat Monarch Networth vs SAS Online - Onine Live Chat No No
Phone Support Monarch Networth vs SAS Online - Phone Support Yes Yes
Toll Free Number Monarch Networth vs SAS Online - Toll Free Number No No
Through Branches Monarch Networth vs SAS Online - Through Branches Yes No
Customer Care Number Monarch Networth vs SAS Online - Customer Care Number 022-43211800 /079-26666500 011- 4040 99 00
Account Opening Process Monarch Networth vs SAS Online - Account Opening Process Info Not Available Online/Paperless
Customer Support Email Monarch Networth vs SAS Online - Customer Support Email [email protected] [email protected]/[email protected]
Knowledge Center/Education Monarch Networth vs SAS Online - Knowledge Center/Education Info Not Available https://www.sasonline.in/market-pulse
Head Office Address Monarch Networth vs SAS Online - Head Office Address/Corporate Address Info Not Available SAS Online,
3rd Floor,Building No. 5,
Local Shopping Complex, Rishabh Vihar
East Delhi - 110092
Website Monarch Networth vs SAS Online - Company Website https://www.mnclgroup.com/ https://sasonline.in
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Tips/Research/Reports Published

Compare Monarch Networth vs SAS Online on Research Reports, Tips

Compare Monarch Networth with SAS Online on research reports and tips provided by the broker.

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

Compare Monarch Networth vs SAS Online on Demat Account

Compare Monarch Networth with SAS Online 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 SAS Online is ₹200 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 SAS Online is ₹9 + NSDL Charges.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 SAS Online
  Monarch Networth SAS Online
DP Source CDSL NSDL
DP ID Monarch Networth vs SAS Online - DP ID No IN-DP-474-
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹200
Advance Deposit NIL Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹25 or 0.025% (Whichever is higher) ₹9 + NSDL Charges
Demat ₹5 per certificate (Min ₹40) + ₹45 courier charges ₹2 per certificate + ₹35 courier charges
Remat ₹10 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹45 courier charges 0.05% of transaction value or ₹25 whichever is higher + CDSL charges
Pledge Creation ₹50 per transaction ₹15 per transaction
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹25 per transaction Nil
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹25 per transaction ₹50 per instraction
Failed Instruction Charges Nil ₹30
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Monarch Networth vs SAS Online on Special Offers and Promotion

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

Compare Monarch Networth vs SAS Online on Special Offers and Promotion
  Monarch Networth SAS Online
Pay In and Pay Out Options Monarch Networth vs SAS Online - Pay In and Pay Out Options Info Not Available Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking/Payment Gateway from ALPHA Web, Mobile App or Desktop Platform.
Pay-out/Fund Withdrawal - Primary Bank Transfer only.
Payout Time Monarch Networth vs SAS Online - Payout Time Info Not Available Up to 24 Hrs except Bank Holidays.
Bank Supported and Charges Monarch Networth vs SAS Online - Bank Supported and Charges Info Not Available Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alpha Platform.
Bank Detail Info Not Available South Asian Stocks Ltd.,
Account Number:SASONL37242
Bank and Branch: G-3-4, Suryakiran Building, 19 , Kasturba Gandhi Marg, New Delhi-110001
Account Type: Current Account
IFSC Code:HDFC0000003
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...

  • Trading in stocks, derivatives, currency, and commodities.
  • Instant paperless account opening.
  • No prior commitments at Rs. 0 hidden fees.
  • Lowest Demat AMC.
  • Cheapest brokerage at just Rs. 9/order.
  • Monthly zero brokerage unlimited trading plan.
  • Apply for IPOs online using UPI.
  • ALPHA (web, app, and desktop) with technical charts and rich technical indicators.
  • Alpha Report Back Office portal to get comprehensive reports (P&L, contract note, trade, etc.)
  • Free API Bridge for algo trading.
  • Execute cover orders, bracket orders, and aftermarket orders.
  • Online brokerage calculator.
  • Get the latest news & updates on the Market Pulse.

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...

  • No 3-in-1 account offering.
  • Direct mutual funds are not available.
  • Good Till Date (GTD) order is not offered.
  • NRI cannot open account at SAS Online.
  • No trading tips and research

Detail Review...

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Last Updated on 2023-08-27T23:54:07+00:00