Axis Direct vs Monarch Networth Capital- Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of Axis Direct vs Monarch Networth Capital. Axis Direct is the only banking broker known to offer great deals to its clients like happy hour trading, free demat account & more. Monarch Networth Capital is also a full service broker and comparatively less branches across India. This comparison between Axis Direct & Monarch Networth Capital is a neck to neck affair.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for all the stock broking companies.

This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.

           Axis Direct vs Monarch Networth Capital

In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

Compare Stock Brokers


This Axis Direct & Monarch Networth Capital comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s compare Monarch Networth Capital& Axis Direct

Overview of Axis Direct & Monarch Networth Capital

Overview Axis Direct Monarch Networth Capital
Company Type Private Private
Broker Type Full Service Broker Full Service Broker
Headquarters Mumbai, India Mumbai, India
Founder Arun Thukral Vaibhav Shah
Established Year 2011 1993

Axis Direct vs Monarch Networth Capital Customer Ratings Comparison

Customer Ratings Axis Direct Monarch Networth Capital
Experience 6.2/10 6.2/10
Products & Services 6.5/10 6.0/10
Brokerage Charges & Fees 6.2/10 5.9/10
Stock Research & Advisory 6.3/10 6.2/10
Trading Platforms 6.3/10 6.3/10
Overall Ratings 6.3/10 6.1/10
Star Ratings ★★★☆☆ ★★★☆☆
Total Client Reviews 879 328

Axis Direct vs Monarch Networth Capital Demat Account Comparison

Demat Services Axis Direct Monarch Networth Capital
Depository Source CDSL & NSDL CDSL
Account Opening Charges Rs.999 Rs.1000
Demat AMC Charges Rs.650 per annum Rs.300
Trading AMC Charges Free Free
Margin Money Rs.25,000 Minimum Rs.2,500
Offline to Online S R

Monarch Networth Capital vs Axis Direct Brokerage Charges Comparison

Brokerage Charge & Fees Axis Direct Monarch Networth Capital
Equity Delivery Trading 0.20% – 0.60% 0.30%
Equity Intraday Trading 0.03% – 0.05% 0.03%
Commodity Options Trading NA NA
Equity Futures Trading 0.03% – 0.05% 0.03%
Equity Options Trading Rs.10 per lot Rs.70 per Lot
Currency Futures Trading 0.03% – 0.05% 0.03%
Currency Options Trading Rs.10 per lot Rs.30 per Lot
Minimum Brokerage Percentage of Transaction Percentage of Transaction
Demat AMC Charges Rs.650 per Annum Rs.300
Trading AMC Charges Free Free
Margin Money Rs.25,000 Minimum Rs.2,500
Brokerage Calculator Axis Direct Brokerage Calculator Monarch Networth Brokerage Calculator

Monarch Networth Capital & Axis Direct Other Charges Comparison

Other Charges Axis Direct Monarch Networth Capital
Transaction Charges 0.00325% of Total Turnover 0.00350% of Total Turnover
STT 0.0126% of Total Turnover 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal) Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges) 18% of (Brokerage + Transaction Charges)

Compare Monarch Networth Capital & Axis Direct Offers

Offers Axis Direct Monarch Networth Capital
Free Demat Account S R
Free Trading Account S R
Discount on Brokerage S S
Trading Happy Hours S S
Flexible Brokerage Plans R R
1 Month Brokerage Free S S
Holiday Offers S S
Referral Offers S S
Zero Brokerage for Loss Making Trades S S

Compare Services of Axis Direct vs Monarch Networth Capital

Services Axis Direct Monarch Networth Capital
Demat Services R R
Trading Services R R
3 in 1 Account R S
Intraday Services R R
IPO Services R R
Stock Recommendations R R
Robo Advisory S S
PMS R S
Trading Institution S S
Trading Exposure Upto 15x Upto 10x

Compare Monarch Networth Capital & Axis Direct Research & Advisory

Research & Advisory Axis Direct Monarch Networth Capital
Fundamental Reports R R
Research Reports R R
Company Reports R R
Annual Reports R S
Company Stock Review R S
Free Stock Tips S R
IPO Reports R R
Top Picks R R
Daily Market Review S R
Monthly Reports R R
Weekly Reports R R
Offline Advisory R R
Relationship Manager R R

Axis Direct vs Monarch Networth Capital Exposure/Leverage

Exposure / Leverage Axis Direct Monarch Networth Capital
Equity Delivery Upto 10x Upto 3x
Equity Intraday Upto 15x Upto 10x
Equity Futures Upto 12x Upto 4x
Equity Options Upto 12x Upto 7x
Currency Futures Upto 7x Upto 3x
Currency Options Upto 8x Upto 3x
Commodities NA Upto 3x
Margin Calculator Axis Direct Margin Calculator Monarch Networth Margin Calculator

Axis Direct vs Monarch Networth Capital Product Comparison

Products Axis Direct Monarch Networth Capital
Equity Trading R R
Commodity Trading S R
Currency Trading R R
Options R R
Futures R R
Mutual Funds R R
Forex R S
Banking R S
SIP R R
Insurance R R

Axis Direct vs Monarch Networth Capital Trading Platform Comparison

Trading Platforms Axis Direct Monarch Networth Capital
Desktop Platform – Windows R R
Desktop Platform – Mac R S
Desktop Browser Platform R R
Mobile Site Platform R S
Android App Platform R R
iOS App Platform R S
Windows App Platform S S
Other Mobile OS Platform S S
Real time Updates R R
Portfolio Details R R
Online MF Buy R S
News Flash R R
Research Reports R S
Easy Installation R R
Global Indices R R
Stock Tips R S
Personalized Advisory R S
Interactive Charts R R
Live Markets R R
SMS Alerts R R
Email Alerts R R
Multi Account Management R S

Axis Direct vs Monarch Networth Capital Customer Support

Customer Support Axis Direct Monarch Networth Capital
Dedicated Dealer R R
Offline Trading R R
Online Trading R R
24*7 Support R S
Email Support R R
Chat Support S S
Toll Free Number 1800 210 0808 S
Branches 186 85

Axis Direct vs Monarch Networth Capital Customer Complaints

Complaints (Current Year) Axis Direct Monarch Networth Capital
Lodged in BSE 129 22
Resolved in BSE 115 21
Lodged in NSE 189 32
Resolved in NSE 165 31

Compare Axis Direct with other Brokers & Monarch Networth Capital with other Brokers


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