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Mdirect vs Networth Direct (Compare Mdirect vs Networth Direct)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Mdirect vs Networth Direct, Below comparison of Mdirect vs Networth Direct highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Mdirect vs Networth Direct is given below:

Mdirect Networth Direct
About The Brokers
Mdirect :

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Networth Direct :

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Find More Information about the Broker :
Mdirect :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Networth Direct :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
Mdirect :
 Full Service Broker
Networth Direct :
 Full Service Broker
Promo/offers
Mdirect :
N/A
Networth Direct :
N/A
Advantage
Mdirect :

NA

Networth Direct :

NA

Disadvantage
Mdirect :

NA

Networth Direct :

NA

Why This
Mdirect :

NA

Networth Direct :

NA


Mdirect vs Networth Direct Account Opening & AMC Charges

- and Networth Direct Trading Account Opening Fee is ₹149 . - and Networth Direct Demat Account AMC is ₹400 .

Mdirect Networth Direct
Trading Account Opening Fee Trading Account Opening Fee : - Trading Account Opening Fee :

₹149

Demat Account Opening Fee Demat Account Opening Fee : - Demat Account Opening Fee :

₹0

Demat Account AMC Demat Account AMC : - Demat Account AMC :

₹400

Trading Account AMC Trading Account AMC : - Trading Account AMC :

₹0


Mdirect vs Networth Direct Brokerage Charges

Mdirect Brokerage Charges Networth Direct Brokerage Charges Equity Delivery is 0.10% to 0.30% and Equity Intraday is 0.05% to 0.03% and Equity Options is ₹25 to ₹60 per lot .

Mdirect Networth Direct
Plan Name - Plan Name :

Standard Plan

Equity Delivery - Equity Delivery :

0.10% to 0.30%

Equity Intraday - Equity Intraday :

0.05% to 0.03%

Equity Future - Equity Future :

0.05% to 0.03%

Equity Options - Equity Options :

₹25 to ₹60 per lot

Currency Futures - Currency Futures :

0.05% to 0.03%

Currency Options - Currency Options :

₹25 to ₹60 per lot

Monthly Fee - Monthly Fee :

NA

Margin Trading - Margin Trading : -
Commodity Futures - Commodity Futures :

0.05% to 0.03%

Commodity Options - Commodity Options : -

Mdirect vs Networth Direct Transaction Charges (Per Crore)

Mdirect Transaction Charges (Per Crore) - and - . Networth Direct Transaction Charges (Per Crore) Equity Future is NSE: ₹190; BSE: ₹50 and Equity Options is ₹6500 .

Mdirect Networth Direct
Equity Delivery Equity Delivery : - Equity Delivery :

BSE: ₹325; NSE: ₹275

Equity Intraday Equity Intraday : - Equity Intraday :

₹325

Equity Future * Equity Future : - Equity Future :

NSE: ₹190; BSE: ₹50

Equity Options * Equity Options : - Equity Options :

₹6500

Currency Futures * Currency Futures : - Currency Futures :

₹115

Currency Options Currency Options : - Currency Options :

₹4000

Commodity Commodity : - Commodity :

₹105


Mdirect vs Networth Direct Other Charges

Mdirect and . Networth Direct Minimum Brokerage is 5 Paisa per share and .

Mdirect Networth Direct
Minimum Brokerage Minimum Brokerage : - Minimum Brokerage :

5 Paisa per share

Call & Trade Call & Trade : - Call & Trade : -
Stamp Duty * Stamp Duty : - Stamp Duty :

Charges as per the state of residence

DP Charges (on sell side) DP Charges (on sell side) : - DP Charges (on sell side) :

₹15 per scrip

Other Miscellaneous Charges Other Miscellaneous Charges : - Other Miscellaneous Charges : -

Mdirect vs Networth Direct Features

Mdirect and Networth Direct both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

Mdirect Networth Direct
Trading Platform Trading Platform : - Trading Platform :

Fast trade

Placing orders through charts Placing orders through charts : - Placing orders through charts :

Yes

Trading Alerts Trading Alerts : - Trading Alerts :

Yes

Research and Advice / Trading Tips Research and Advice / Trading Tips : - Research and Advice / Trading Tips :

Yes

Detailed Education Initiatives Detailed Education Initiatives : - Detailed Education Initiatives :

No

Unique features & Offers Unique features & Offers : - Unique features & Offers : -
Referral Program Referral Program : - Referral Program : -
Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity Cash) : -
Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

Yes

Margin Against Shares (Equity F&O) : -

Mdirect vs Networth Direct Demat Account Charges

A comparative table of various demat account charges between Mdirect and Networth Direct is below:

Mdirect Networth Direct
Depository Service Provider Depository Service Provider : - Depository Service Provider :

CDSL and NSDL

Account Opening Fee Account Opening Fee : - Account Opening Fee :

Nil

Advance Deposit Advance Deposit : - Advance Deposit :

Deposit Rs. 2,500/- (Refundable)

AMC AMC : - AMC :

Rs. 400/- p.a; BSDA: Rs. 100/- (If value of holding is between 50001 to 200000)

Dematerialisation Charges Dematerialisation Charges : - Dematerialisation Charges :

Rs. 5/- Per Certificate with min Rs. 40/- Per request + Rs. 45/- Courier Charges pr request

Rematerialisation Charges Rematerialisation Charges : - Rematerialisation Charges :

Rs. 45/- Postage Charges + Rs. 10/- Per 100 Securities / Rs. 20/- Per Certificate whichever is higher, Maximum Rs 500000

Transaction Charges (Credit) Transaction Charges (Credit) : - Transaction Charges (Credit) : -
Transaction Charges (debit) Transaction Charges (debit) : - Transaction Charges (debit) :

Regular: Rs. 12, BSDA: Rs. 25

Pledge Creation Charges Pledge Creation Charges : - Pledge Creation Charges :

Rs. 50/- Per Instruction

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges : - Pledge Creation Confirmation Charges :

Nil

Pledge Invocation Charges Pledge Invocation Charges : - Pledge Invocation Charges :

Rs. 25/- Per Instruction

Failed Instruction Charges Failed Instruction Charges : - Failed Instruction Charges :

Nil

Other Charges Other Charges : - Other Charges :

Freeze-De-Freeze: Rs.50/-


Mdirect vs Networth Direct Basic Details

Mdirect and and . Networth Direct Year of Incorporation is 1993 and Total Number of Clients is 2,47,900+ and Total Number of Branches is 71 .

Mdirect Networth Direct
Year of Incorporation Year of Incorporation : - Year of Incorporation :

1993

Active Exchange Memberships Active Exchange Memberships : - Active Exchange Memberships :

NSE, BSE, MCX

Demat Services Demat Services : - Demat Services :

NSDL and CDSL

Website Website : - Website :

https://www.mnclgroup.com/

Contact Details Contact Details : - Contact Details :

(+91) 79-26666500

Total Number of Clients Total Number of Clients : - Total Number of Clients :

2,47,900+

Total Number of Branches Total Number of Branches : - Total Number of Branches :

71

Products * Products : - Products : -

Mdirect vs Networth Direct Leverage

Leverage

Mdirect Networth Direct
Equity Delivery Equity Delivery : - Equity Delivery : -
Equity Intraday Equity Intraday : - Equity Intraday : -
Equity Futures Equity Futures : - Equity Futures : -
Equity Options Equity Options : - Equity Options : -
Currency Futures Currency Futures : - Currency Futures : -
Currency Options Currency Options : - Currency Options : -
Commodity Futures Commodity Futures : - Commodity Futures : -
Commodity Options Commodity Options : - Commodity Options : -
F&O (Eq, Curr, Comm) F&O (Eq, Curr, Comm) : - F&O (Eq, Curr, Comm) : -

Mdirect vs Networth Direct Orders

Orders

Mdirect Networth Direct
Cover Orders (CO) Cover Orders (CO) : - Cover Orders (CO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) : - Bracket orders / One Cancels Other (BO / OCO) :

No

After Market Orders (AMO) After Market Orders (AMO) : - After Market Orders (AMO) :

Yes

Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Yes

Buy Today Sell Tomorrow (BTST) : -
Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

Yes

Sell Today Buy Tomorrow (STBT) : -
Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

Yes

Good Till Cancelled (GTC) : -

Mdirect vs Networth Direct Research and Advice / Trading Tips

Research and Advice / Trading Tips

Mdirect Networth Direct
Equity Trading Recommendation * Equity Trading Recommendation : - Equity Trading Recommendation : -
Equity Investment Recommendation * Equity Investment Recommendation : - Equity Investment Recommendation : -
Recommendation basis risk Profile * Recommendation basis risk Profile : - Recommendation basis risk Profile : -
Comparison * Comparison : - Comparison : -
Free Tips * Free Tips : - Free Tips : -
Daily Market report * Daily Market report : - Daily Market report : -
ETF research * ETF research : - ETF research : -
Quarterly Results * Quarterly Results : - Quarterly Results : -

Mdirect vs Networth Direct Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Mdirect Networth Direct
Availability for franchisee / AP Availability for franchisee / AP : - Availability for franchisee / AP :

Yes

Investment required for Franchisee / AP Investment required for Franchisee / AP : - Investment required for Franchisee / AP :

Rs.75,000 to Rs.2 Lakh


Mdirect vs Networth Direct Product & Services

Mdirect and Networth Direct both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

Mdirect Networth Direct
Delivery Based Trading * Delivery Based Trading : - Delivery Based Trading : -
Margin Trading * Margin Trading : - Margin Trading : -
Call in Trade * Call in Trade : - Call in Trade : -
Trading in Both the exchanges * Trading in Both the exchanges : - Trading in Both the exchanges : -
Limit Order * Limit Order : - Limit Order : -
3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account : - 3-in-1 On-line Trading Account : -
NRI Services * NRI Services : - NRI Services : -
SMS Alerts * SMS Alerts : - SMS Alerts : -
Offers Multiple Plan * Offers Multiple Plan : - Offers Multiple Plan : -
IPO Investment * IPO Investment : - IPO Investment : -
Portfolio Analysis * Portfolio Analysis : - Portfolio Analysis : -
Advanced Charting Features * Advanced Charting Features : - Advanced Charting Features : -
Brokerage Calculator * Brokerage Calculator : - Brokerage Calculator : -
Margin Calculator * Margin Calculator : - Margin Calculator : -
Stop Loss Order * Stop Loss Order : - Stop Loss Order : -
Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss : - Bracket Orders & Trailing Stop Loss : -
Equity Future & Option Trading * Equity Future & Option Trading : - Equity Future & Option Trading : -
Currency Future & Option Trading * Currency Future & Option Trading : - Currency Future & Option Trading : -
Market Trading * Market Trading : - Market Trading : -
Monthly & Yearly Plan * Monthly & Yearly Plan : - Monthly & Yearly Plan : -
Aumtomated Trading * Aumtomated Trading : - Aumtomated Trading : -

Mdirect vs Networth Direct Customer Services

Mdirect and Networth Direct both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

Mdirect Networth Direct
Toll Free Number * Toll Free Number : - Toll Free Number : -
Live Chat Facility * Live Chat Facility : - Live Chat Facility : -
Email Facility * Email Facility : - Email Facility : -
Branch Offices * Branch Offices : - Branch Offices : -
Customer Care * Customer Care : - Customer Care : -
Community Service * Community Service : - Community Service : -
Relationship Manager * Relationship Manager : - Relationship Manager : -
24/7 Support * 24/7 Support : - 24/7 Support : -

Mdirect vs Networth Direct Other Investement

Mdirect and Networth Direct both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

Mdirect Networth Direct
Commodity Trading * Commodity Trading : - Commodity Trading : -
Investment in ETFs * Investment in ETFs : - Investment in ETFs : -
Investment in Mutual Funds * Investment in Mutual Funds : - Investment in Mutual Funds : -
Investment in Bonds * Investment in Bonds : - Investment in Bonds : -
Investment in Corporate Debt instruments * Investment in Corporate Debt instruments : - Investment in Corporate Debt instruments : -
Insurance Services * Insurance Services : - Insurance Services : -
Banking Services * Banking Services : - Banking Services : -

Mdirect vs Networth Direct Trading PlatForm

Mdirect and Networth Direct both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

Mdirect Networth Direct
Web Platform * Web Platform : - Web Platform : -
Android Mobile App * Android Mobile App : - Android Mobile App : -
Desktop Windows * Desktop Windows : - Desktop Windows : -
Desktop Mac * Desktop Mac : - Desktop Mac : -
I-Pad App * I-Pad App : - I-Pad App : -
Virtual Trading * Virtual Trading : - Virtual Trading : -
iPhone Mobile App * iPhone Mobile App : - iPhone Mobile App : -
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