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Networth Direct Vs Karvy Online
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Networth Direct Vs Karvy Online comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Networth Direct Vs Karvy Online Comparison
Here is a point by point comparison of Networth Direct Vs Karvy Online.
Karvy Online is the broking arm of Karvy Group and has a presence across 400 cities of India. It is involved not only in retail broking but also has a prominent name in institutional and corporate investments.
Incorporated in 1985, Karvy today has a membership with BSE, NSE, MCX-SX, MCX and NCDEX and is one of the top 10 stock brokers in India.
Networth Direct (earlier called Monarch Networth) is a full-service stockbroker based out of Ahmedabad with a total employee strength of around 650.
The broker is known for a wide range of trading and investment products along with decent research quality. Furthermore, the broker has an offline presence in around 325 locations across different parts of India.
To make things easy for you, we have listed out the comparison between Networth Direct Vs Karvy Online to help you find which of the two suits your needs better.
The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Networth Direct Vs Karvy Online Compare
 |  | |
| Networth Direct Review | Karvy Online Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Full Service |
| Incorporated In the Year | 1995 | 1985 |
| Number of branches across India | 325 | 400 |
| Exchanges | NSE, BSE, MCX-SX, MCX and NCDEX | BSE, NSE, MCX-SX, MCX and NCDEX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹0 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹420 |
| Demat Account Annual Maintenance Charges | ₹400 | ₹500 (FREE for first year) |
| Transaction Charges | Monarch Networth Transaction Charges | Karvy Online Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.3% to 0.1% | 0.3% |
| Intraday Delivery | 0.05% to 0.03% | 0.03% |
| Equity Futures | 0.05% to 0.03% | 0.03% |
| Equity Options | ₹60 to ₹25 per lot | ₹30 per lot |
| Currency Futures | 0.05% to 0.03% | 0.03% |
| Currency Options | ₹60 to ₹25 per lot | ₹30 per lot |
| Commodity | 0.05% to 0.03% | 0.03% |
| Brokerage Calculator | Networth Capital Brokerage Calculator | Karvy Online Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday, & 3 times for Delivery | Intraday upto 20 times, 0 for Delivery |
| Equity Futures | Upto 3 times Intraday | Upto 4 times for Intraday |
| Equity Options | No Leverage | No Leverage for buying, upto 4 times for Shorting Intraday |
| Currency Futures | Upto 2 times Intraday | No Leverage |
| Currency Options | No Leverage | No Leverage |
| Commodities | Upto 3 times Intraday | Upto 4 times for Intraday |
| RESEARCH | ||
| Daily Market Reports |  | |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat |  | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | MNCL Mobile, N-Easy, N-Swift | NEST, Karvy Web, Trade Mobile App |
| Total BSE+NSE Complaints %age | 0.07% | 0.08% |
| OVERALL RATING |  | |
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
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Networth Direct Vs Karvy Online
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