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Monarch Networth Vs Stoxkart: 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 Stoxkart ranges between Rs. 15 per order. Monarch Networth is a Full Service Broker where Stoxkart is a Discount Broker. Monarch Networth is having overall lower rating compare to Stoxkart. Monarch Networth is rated only 3 out of 5 where Stoxkart is rated 4 out of 5. Number of active customer for Monarch Networth is 57,228 where number of active customer for Stoxkart is 24,023. Monarch Networth is serving more customer compare to Stoxkart.

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

  Monarch Networth Compare
Monarch Networth
Stoxkart Compare
Stoxkart
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 24,023
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. Stoxkart is one of the fastest-growing online stockbrokers with the lowest brokerage trading at Rs. 15 per order, lifetime free delivery trading, zero brokerage on losses advantage, and new-age technologically advanced online trading platforms.
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 Stoxkart on Trading & Demat Account Opening Charges

Comparison of Monarch Networth with Stoxkart on trading & demat account opening charges and AMC. Trading account opening charges - Monarch Networth offer Free account opening where Stoxkart charges Equity+Commodity+Currency-500, Equity + Currency - Rs. 300, Commodity - Rs. 200 for account opening. Demat AMC charges - Monarch Networth charges Rs 225 PA AMC for Demat account where Stoxkart charges Rs. 300 AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Monarch Networth with Stoxkart
Charges Monarch Networth Stoxkart
Trading Account Opening Fees Free Equity+Commodity+Currency-500, Equity + Currency - Rs. 300, Commodity - Rs. 200
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 225 PA Rs. 300
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Monarch Networth vs Stoxkart on Plan Options

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

Compare Monarch Networth with Stoxkart on Plan Options
Plan Types Monarch Networth Stoxkart
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 Stoxkart 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%.

Stoxkart Brokerage Plan detail - Stoxkart offers a discount brokerage plan offering free equity delivery, however, trading in other segments i.e. equity intraday, commodity, currency, etc. are charged at the flat brokerage of Rs. 15 per executed order.

Brokerage Charges - Compare Monarch Networth with Stoxkart
Brokerage Charges Compare Monarch Networth Stoxkart
Plan Name Basic Trading Plan (Percentage Based) Flat Brokerage Plan - Rs. 15 per order
Equity Delivery 0.30% Free
Equity Intraday 0.03% Flat Fee Rs 15 per order
Equity Futures 0.03% Flat Fee Rs 15 per order
Equity Options Rs 100 per lot Flat Fee Rs 15 per order
Currency Futures 0.03% Flat Fee Rs 15 per order
Currency Options Rs 100 per lot Flat Fee Rs 15 per order
Commodity Trading Rs 100 per lot Flat Fee Rs 15 per order
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available No
Funding Info Not Available Yes
Call & Trade Charges NA Rs 20 Per Executable Order
Auto Square off Charges NA Rs 20 Per Executable Order
Brokerage Calculator Brokerage Calculator for Monarch Networth Brokerage Calculator for Stoxkart
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Share Broker's Transaction Charges

Compare Monarch Networth vs Stoxkart on Transaction Charges

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

Transaction Charges - Compare Monarch Networth with Stoxkart
Transaction Charges Compare Monarch Networth Stoxkart
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 stoxkart
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Account Features

Compare Monarch Networth vs Stoxkart on Account Features

Compare Monarch Networth with Stoxkart 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 Stoxkart doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Monarch Networth with Stoxkart
Account Features Compare Monarch Networth Stoxkart
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 Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes
Intraday Square-off Time 3:15PM 3:20 PM
NRI Trading Yes Yes
Other Features Trading software terminal: Fast trade NIL
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Trading Platform

Compare Monarch Networth vs Stoxkart on Trading Platform

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

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Broker Ratings by Users

Compare Monarch Networth vs Stoxkart on User Rating

  Monarch Networth Stoxkart
  12 Customer Reviews    Rate Monarch Networth Customer Reviews    Rate Stoxkart
Fees Ratings 2.8
Trading Brokerage Rating 3.0
Trading Platform Usability 3.3
Customer Service Ratings 3.2
Overall Ratings 3.3
Broker Rating Monarch Networth is Rated 3.3 / 5 based on 12 customer reviews
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Investment Offerings

Compare Monarch Networth vs Stoxkart on Investment Offerings

Compare Monarch Networth with Stoxkart 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 Stoxkart
Investment Offerings Compare Monarch Networth Stoxkart
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
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 Stoxkart on Order Types

Order Type - Compare Monarch Networth with Stoxkart 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) - Stoxkart 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) - Stoxkart 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 Stoxkart
Order Type Compare Monarch Networth Stoxkart
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 Stoxkart on Customer Service

Compare Monarch Networth with Stoxkart 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 Stoxkart
Customer Service Compare Monarch Networth Stoxkart
24/7 Customer Service Monarch Networth vs Stoxkart - 24x7 customer support No Yes
Email Support Monarch Networth vs Stoxkart - Email Support Yes Yes
Onine Live Chat Monarch Networth vs Stoxkart - Onine Live Chat No Yes
Phone Support Monarch Networth vs Stoxkart - Phone Support Yes Yes
Toll Free Number Monarch Networth vs Stoxkart - Toll Free Number No Yes
Through Branches Monarch Networth vs Stoxkart - Through Branches Yes Yes
Customer Care Number Monarch Networth vs Stoxkart - Customer Care Number 022-43211800 /079-26666500 1800 11 3331
Account Opening Process Monarch Networth vs Stoxkart - Account Opening Process Info Not Available Online/Paperless
Customer Support Email Monarch Networth vs Stoxkart - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Monarch Networth vs Stoxkart - Knowledge Center/Education Info Not Available https://www.stoxkart.com/learning-center.php
Head Office Address Monarch Networth vs Stoxkart - Head Office Address/Corporate Address Info Not Available
  • Corporate Office


    Stoxkart discount brokerage,
    11/6B Shanti Chamber,
    Pusa Road,
    New Delhi - 110005,
    Tel. No. 1800 11 3331, 011-40820400, 71333666
Website Monarch Networth vs Stoxkart - Company Website https://www.mnclgroup.com/ https://www.stoxkart.com/
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Tips/Research/Reports Published

Compare Monarch Networth vs Stoxkart on Research Reports, Tips

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

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

Compare Monarch Networth vs Stoxkart on Demat Account

Compare Monarch Networth with Stoxkart 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 Stoxkart is ₹300 pa 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 Stoxkart is ₹10+CDSL charges ₹5.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 Stoxkart
  Monarch Networth Stoxkart
DP Source CDSL CDSL
DP ID Monarch Networth vs Stoxkart - DP ID No 19100
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹300 pa
Advance Deposit NIL AMC will be charged in advance.
Statutory charges Nil Stamp Paper Charges
Transaction Charges on Debit (Per ISIN) ₹25 or 0.025% (Whichever is higher) ₹10+CDSL charges ₹5
Demat ₹5 per certificate (Min ₹40) + ₹45 courier charges ₹150 per certificate
Remat ₹10 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹45 courier charges ₹150 for every hundred securities + depositry charges
Pledge Creation ₹50 per transaction ₹20 per instruction+CDSL charges
Pledge Creation Confirmation Nil ₹20
Pledge Closure ₹25 per transaction ₹20
Pledge Closure Confirmation Nil ₹20
Pledge Invocation ₹25 per transaction ₹20
Failed Instruction Charges Nil ₹50 per instraction
Other Charges Nil DIS Book Charges ₹50 (5 leafs) Client Modification Charges ₹25 Additional Client master Charges ₹2 Additional Statemen ₹50 per request + courier charges .
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Special Offers,Advantages,Disadvantages

Compare Monarch Networth vs Stoxkart on Special Offers and Promotion

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

Compare Monarch Networth vs Stoxkart on Special Offers and Promotion
  Monarch Networth Stoxkart
Pay In and Pay Out Options Monarch Networth vs Stoxkart - Pay In and Pay Out Options Info Not Available

Pay-in/adding funds - UPI, Online Bank Transfer via IMPS,NEFT or RTGS.

Pay-out/Fund Withdrawal - Bank Transfer only

Payout Time Monarch Networth vs Stoxkart - Payout Time Info Not Available

Max 24 hrs except bank holidays

Bank Supported and Charges Monarch Networth vs Stoxkart - Bank Supported and Charges Info Not Available 22+ Banks
Bank Detail Info Not Available HDFC Bank
Account No. STXKARTclientcode
Branch: Surya Kiran Building, K.G. Marg, C.P.
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...

  • Zero balance trading account.
  • No profit no brokerage.
  • Zero brokerage on delivery.
  • The cheapest brokerage of Rs. 15 per order.
  • Brokerage-free mutual fund investment.
  • User-friendly trading platforms across web, app, and desktop versions.
  • Apply for IPOs via UPI.
  • Earn a fixed payout of Rs. 400 for every referred friend.
  • Advance orders like bracket order, cover order, and aftermarket order.
  • NRI trading is available.
  • Become a partner with Stoxkart to earn lifetime income.
  • Stoxkart learning center for beginners to improve trading knowledge.

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...

  • It does not provide direct mutual funds.
  • You cannot place Good Till Triggered (GTT) order on Stoxkart.
  • It does not offer a 3-in-1 account opening facility.

Detail Review...

Special Offers/Promo No profit, No brokerage plan facilitates trader to pay a flat brokerage fee of Rs. 15 per order, only if you earn a profit otherwise, no brokerage charges levied.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

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