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Monarch Networth Capital Review, Brokerage Charges, Demat A/C & more

Monarch Networth Capital is basically a tactical merger of two paramount financial service providing firms Monarch Group of Companies & Networth Stock Broking Limited.

In this article, we will have a detailed discussion of Monarch Networth Capital Demat Account, Brokerage Charges, Trading Platforms, Advantages, Disadvantages, and some other important features as well.

Monarch Networth Capital Offers


Monarch Networth Capital Customer Ratings

Customer Ratings
Experience6.2/10
Products & Services6.0/10
Brokerage Charges & Fees5.9/10
Stock Research & Advisory6.2/10
Trading Platforms6.3/10
Overall Ratings6.1/10
Star Ratings★★★☆☆
Total Client Reviews328

Overview Monarch Networth Capital

Monarch Networth Capital is the leading stock broking and full-service providing company available in India. It is created by amalgamating two stockbroking firms including- Monarch Group of Companies and Networth Stock Broking Ltd.

The company was founded by Vaibhav Shah in the year 1993. It is headquartered in Mumbai, Maharashtra. Since 2 decades, the stockbroking house is basically conceiving and accomplishing smart financial strategies and services and ultimately made a fine financial service providing company.

They have included various verticals to their business which ranges from pure stockbroking as well as the whole sequence of financial services including- mutual funds, insurance, comprehensive financial planning, and primary marketing operations.

Overview
Company TypePrivate
Broker TypeFull Service Broker
HeadquartersMumbai, India
FounderVaibhav Shah
Established Year1993

Monarch Networth Capital

The company mainly focus on upgrading and scaling the technology as well as the infrastructure with the objective of offering qualitative services to all the investors.

The Monarch Networth Capital Company is basically an ISO Certified firm which is continuously scaling heights due to the trust clients have on them.It has completely proven track record of business excellence and a varied client base which includes- Retail Clients, HNIs, corporate clients and more.

And with the ongoing alteration in technology, products, service offerings as well as customer engagement modules, they offer huge customer engagement and satisfaction to the new heights.

Moreover, the company has a physical presence in 225+ cities as well as in 21 states all over India. For online trading,  It has a tie-up with Punjab national bank which has around 2300+ offices in the nation.

Milestones of Monarch Networth Capital

Phase 1 ( 1995 – 2000)

Monarch Networth Capital was initially incorporated in Ahmedabad city with the team of just 5 members and got membership in NSE (National Stock Exchange).

Phase 2 ( 2000 – 2005 )

The stockbroking company expanded its entire operation in western areas or region and also got membership in NSDL, BSE, DGCX, MCX, NMCE, and NCDEX. On that time duration, the company has the strength of 200 members and around 300 Sub Brokers.

Phase 3 ( 2005 – 2011 )

Monarch Networth Capital crossed the strength of 300 employees, more than 5000 sub-brokers and 70000 clients as well. And also the company got ISO 9001:2008 and ISO/ IEC 27001: 2005 in the year 2010.

The company also got strategically amalgamated in Networth Stock Broking company. They majorly expanded their operations in North India & South India.

Phase 4 (2011 to current )

The company has a network of more than 1003 sub-brokers, the manpower of more than 690 and 226100+ clients all over the nation.

They unveiled great technology-driven “Tech Excel” back office solution and mobile trading application “ Moneymaker” in the year 2017. And got a license for merchant banking in the year 2013.


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Monarch Networth Capital Brokerage Charges & Fees

Monarch Networth Capital is one of the leading stock broking firms available across the nation. It imposes brokerage charges on a transaction basis.

Brokerage Charge & Fees
Equity Delivery Trading0.30%
Equity Intraday Trading0.03%
Commodity Options TradingNA
Equity Futures Trading0.03%
Equity Options TradingRs.70 per Lot
Currency Futures Trading0.03%
Currency Options TradingRs.30 per Lot
Minimum BrokeragePercentage of Transacton
Demat AMC ChargesRs.300
Trading AMC ChargesFree
Margin MoneyMinimum Rs.2,500
Brokerage CalculatorMonarch Networth Brokerage Calculator

The stockbroking house charges 0.30% on equity delivery charges, 0.03% on equity intraday trading, equity futures trading and currency futures trading.

And Rs. 70 per lot is charged on equity options trading and Rs. 30 per lot on currency options trading.

Moreover, the company charges AMC of  Rs.300 for the maintenance of Demat account and margin money of Rs. 2,500 is also taken for security.


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Monarch Networth Capital Other Charges

Other Charges
Transaction Charges0.00350% of Total Turnover
STT0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)

Not only brokerage charges are levied by the company, but it also levies some other charges also including- 0.00350% of total turnover as transaction charges, 0.0126% of total turnover as STT.

Apart from these 0.0002% of total turnover is charged as SEBI turnover charges, stamp duty charges usually depends on state and 18% of ( transaction + brokerage charges) as GST.

These type of charges are levied as per the market value which will never affect your investment portfolio or profit.


Monarch Networth Capital Demat Services

Demat Services
Depository SourceCDSL
Account Opening ChargesRs.1000
Demat AMC ChargesRs.300
Trading AMC ChargesFree
Margin MoneyMinimum Rs.2,500
Offline to OnlineYes

The Monarch Networth Capital is a greatly popular stockbroking house. CDSL is its repository source. The stockbroking house usually charges Rs. 1000 for account opening and for its maintenance Rs. 300 are charged on a yearly basis.

Margin money was taken from every individual by the company is Rs. 2,500 and it also offer offline to online options for trading.


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Monarch Networth Capital Offers

The table chart provided below is providing the details regarding the offers of Monarch Networth Capital-

Offers
Free Demat AccountYes
Free Trading AccountYes
Discount on BrokerageNo
Trading Happy HoursNo
Flexible Brokerage PlansYes
1 Month Brokerage FreeNo
Holiday OffersNo
Referral OffersNo
Zero Brokerage for Loss Making TradesNo

Here is the quick list of Monarch Networth Capital Offers-

  • The company offers to open a demat account for free of cost.
  • It also provides facility to its investors to open up a trading account for free.
  • It offers flexible brokerage plans for satisfaction and convenience of clients.

Not only qualitative trading services are provided by the company to its client’s even good support system and various other trading services are also offered to the investors for huge satisfaction and convenience.


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Narnolia SecuritiesAlice Blue OnlineAstha TradeChoice Broking
ZerodhaAnand RathiBMA Wealth CreatorsGeojit Finance

How to open a demat account with Monarch Networth Capital?  

It is actually very flexible and convenient to open a demat account with the broking house.

  • You just require to fill up the lead form provided below.
  • After accurately filling up the lead form, click on to submit icon given below in order to lodge it successfully.
  • Once the company received your form, it will call you regarding verification or further prospects as well.
  • On the call, the company will fix an appointment as per your prospects.
  • And then you will be required to submit some necessary documents including- POA, Aadhaar Card, Address Proof, Age Proof, Photograph, etc.
  • After submitting the entire documents successfully, the company executive will give you a call for demat account opening confirmation.
  • Then you will be able to use your account with flexibility.

Why open Monarch Networth Capital trading account?

The various reasons to open trading account with Monarch Networth are –

  • Monarch Networth Capital is the widely known stockbroking company provide flexible and convenient brokerage plans to its clients.
  • It provides a free opening of trading and demat account both.
  • Provides highly effective and flexible trading platforms that are accessible to all the browsers as well as devices.
  • It allows users flexibility in buying and selling of stocks.
  • It also has good support for providing a team which looks after all the complaints and gives feedback to all the clients queries.

Monarch Networth Capital Products & Services

Lets have a detailed understanding of their products & services –

Monarch Networth Capital Products

The table chart is given below is showing the products list offered by the Monarch Networth Capital are as follows-

Products
Equity TradingYes
Commodity TradingYes
Currency TradingYes
OptionsYes
FuturesYes
Mutual FundsYes
ForexNo
BankingNo
SIPYes
InsuranceYes

Monarch Networth Capital is one of the reliable stockbroking firms which offers a variety of products for trading purpose. And one of the best and effective products the company offers is equity trading.

Flexibility in equity trading usually helps investors to raise up funds or profit amount with ease. The company is also good at offering qualitative and flexible trading solutions to assist clients in making great investment decisions in the market.

The broking house allows users to trade online, grab efficient and qualitative stock research reports, advisory services and great customer support as well. The complete list of products provided by Monarch Networth Capital is given below-

  • Equity trading
  • Commodity trading
  • Currency trading
  • Options
  • Futures
  • Mutual funds
  • SIP
  • Insurance

The products offered by the broking house are customized with affordable prices and great life-span as well. All the products customized by the company are on the basis of customer needs and requirements. Moreover, the customer support team makes the entire things more amazing and handy as well.


Monarch Networth Capital Services

Services
Demat ServicesYes
Trading ServicesYes
3 in 1 AcountNo
Intraday ServicesYes
IPO ServicesYes
Stock RecommendationsYes
Robo AdvisoryNo
PMSNo
Trading InstitutionNo
Trading ExposureUpto 10x

The type of services available to Monarch Networth Capital Clients are described below-

  • Demat account services
  • Trading account services
  • Intraday services
  • IPO services
  • Stock recommendations
  • Portfolio management services
  • Depository services and more.

The stockbroking house offers flexible portfolio management services (PMS) to all its clients for making effective and qualitative decisions regarding investments.

The Monarch Networth Capital managers are good at assisting users regarding various strategic securities portfolios including- derivatives, shares, equity, fixed deposits, bonds and more.

The best thing about the company is it offers all the services with effective customer support. It offers good payment terms and options which greatly satisfies customers. The clients of Monarch Networth Capital can access their portfolios online with ease and flexibility.

The company greatly focus on providing proper demat account services and trading account services to all its clients.

Moreover, clients are served with the technology-enabled demat account and trading account. Good technical support and expert advice regarding stock research reports are hugely offered.

Investors or customers get intraday, depository and IPO services that help them in selling and buying of all types of stocks. However, advisory services are offered for huge satisfaction.


Monarch Networth Capital Research & Advisory

Have a look at the table given below shows the details regarding Monarch Networth Capital Research Advisory & Stock Tips-

Research & Advisory
Fundamental ReportsYes
Research ReportsYes
Company ReportsYes
Annual ReportsNo
Company Stock ReviewNo
Free Stock TipsYes
IPO ReportsYes
Top PicksYes
Daily Market ReviewYes
Monthly ReportsYes
Weekly ReportsYes
Offline AdvisoryYes
Relationship ManagerYes

Monarch Networth Capital is the best and the top-notch stock broking company offers fundamental reports, research reports, company reports, free stop tips, IPO reports, monthly reports, weekly reports, and daily market review as well.

They also provide offline advisory services and relationship manager support for a huge convenience and satisfaction as well.


Monarch Networth Capital Exposure/ Leverage

Exposure / Leverage
Equity DeliveryUpto 3x
Equity IntradayUpto 10x
Equity FuturesUpto 4x
Equity OptionsUpto 7x
Currency FuturesUpto 3x
Currency OptionsUpto 3x
CommoditiesUpto 3x
Margin CalculatorMonarch Networth Margin Calculator

The Stockbroking company usually offers leverage of up to 10x to all of its clients. It is basically good at providing leverage on equity intraday and equity options.


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Monarch Networth Capital Trading Platforms

Monarch Networth Capital is the renowned stock broking firm offers great and flexible trading platforms to all of its users for huge convenience while trading.

Traders can achieve their financial goals through trading platforms provided by the company.

Trading Platforms
Desktop Platform – WindowsYes
Desktop Platform – MacNo
Desktop Browser PlatformYes
Mobile Site PlatformNo
Android App PlatformYes
iOS App PlatformNo
Windows App PlatformNo
Other Mobile OS PlatformNo
Real time UpdatesYes
Portfolio DetailsYes
Online MF BuyNo
News FlashYes
Research ReportsNo
Easy InstallationYes
Global IndicesYes
Stock TipsNo
Personalized AdvisoryNo
Interactive ChartsYes
Live MarketsYes
SMS AlertsYes
Email AlertsYes
Multi Account ManagementNo

Here are some trading platforms offered by the Monarch Networth Capital-

Monarch Networth Capital Web Trading Platform

Monarch Networth Capital offers a qualitative and super fast web-based trading tool which can be used on a Google Chrome Browser and any other kind of browser as well.

Perks of the web-based trading tool are as follows-

  • Users can easily buy and sell stocks with this trading tool.
  • It offers easy and fast trading.
  • Provide flexibility in making money.

Monarch Networth Capital Trading Terminal

The stock broking house normally offers flexible trading software to its users for more satisfaction. To use this trading platform, you need to have a laptop or computer and a good internet connection.

Perks of using trading software-

  • It is best at providing flexibility in buying and selling of stocks.
  • Users can run this platform with a basic internet connection.

Monarch Networth Capital Mobile Trader – Mobile Traing App

The mobile application is the best source which can be easily used for trading systems. It is the best platform available for Android users. It is a very handy platform provide various benefits.

Perks of using the mobile app for trading-

  • Users can trade through mobile application anytime.
  • It enables users to trade anywhere through your mobile phone.
  • Makes trading easy and simple.

Monarch Networth Capital Customer Support

Customer Support
Dedicated DealerYes
Offline TradingYes
Online TradingYes
24*7 SupportNo
Support Number022-30641600
Email SupportYes
Chat SupportNo
Toll Free NumberNo
Branches85

Monarch Networth Capital is the best ever stock broking house provides a lot of customer support to all of its clients.

Good support and services including- offline trading services, online trading services, and email support services are offered to all of its customers for huge satisfaction and convenience.

The company has around 85 branches all over the country which can assist the customer in resolving queries.


Monarch Networth Capital Complaints (Current Year)

The details about the complaints are provided in the table chart given below-

Complaints (Current Year)
Lodged in BSE22
Resolved in BSE21
Lodged in NSE32
Resolved in NSE31

According to the table chart given above, the Monarch Networth Capital is the best stockbroking firm resolve complaints on time.

The company resolves queries of the clients with a limited time period.


Monarch Networth Capital Disadvantages

As the company has various advantages but it also has some disadvantages that are given below-

  • The stockbroking house does not offer convenience in opening 3 in 1 account.
  • The company is also not good at offering margin and brokerage calculator to its clients.
  • As it is a stock broking company, it does provide huge convenience and flexibility in resolving complaints.

Monarch Networth Capital Conclusion

Monarch Networth Capital is the wide-ranging and full stockbroking company available in India. It provides qualitative and flexible trading platforms to the users for convenient and satisfactory trading.

Their customized trading platforms and brokerage plans have created a good impression in the eye of investors.

The stockbroking house has gained popularity due to its strong support team and physical presence as well. A wide variety of products and services are offered to clients on a regular basis.

If you are looking forward to getting into any stock broking house, go for Monarch Networth Capital and get reliable stockbroking services.


Get a Call back from Monarch Networth Capital

Fill Your Details Here
  1. Open Demat Account

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