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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 Ratings by Top10StockBroker

Customer Ratings
Experience 6.2/10
Products & Services 6.0/10
Brokerage Charges & Fees 5.9/10
Stock Research & Advisory 6.2/10
Trading Platforms 6.3/10
Overall Ratings 6.1/10
Star Ratings ★★★☆☆

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- 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. For 2 decades, the stockbroking house is basically conceiving and accomplished smart financial strategies and services and ultimately made a fine financial service-providing company.

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

Company Type Public
Broker Type Full-Service Broker
Headquarters Mumbai, India
Founder Vaibhav Shah
Established Year 1993

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 investors.

The Monarch Networth Capital Company is basically an ISO Certified firm which is continuously scaling heights due to the trust clients have in them. It has a 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 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 a 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 regions and also got membership in NSDL, BSE, DGCX, MCX, NMCE, and NCDEX. During that time duration, the company has a 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 into a 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, and a manpower of more than 690 and 226100+ clients all over the nation.

They unveiled a 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 Charges & Fees
    Equity Delivery 0.30%
    Equity Intraday 0.03%
    Equity Futures 0.03%
    Equity Options Rs 100 per lot
    Currency Futures 0.03%
    Currency Options Rs 100 per lot
    Commodity Rs 100 per lot
    Minimum Brokerage Percentage of Transaction
    Demat AMC Charges Rs.225
    Trading AMC Charges Free
    Margin Money 75% Margin
    Brokerage Calculator Monarch 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. 100 per lot is charged on equity options trading and Rs. 100 per lot on currency options trading.

    Moreover, the company charges AMC of  Rs.225 for the maintenance of the Demat account and margin money of 75% Margin is also taken for security.

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    Monarch Networth Capital Other Charges

    Other Charges
    SEBI Turnover Charges 0.00005% (Rs.5/Crore)
    STT 0.0126% of total turnover
    Stamp Duty (On buy-side only) Delivery: 0.015%, Intraday: 0.002%, Equity Futures: 0.002%, Equity Options: 0.002%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.002% (MCX)
    GST 18% on (Brokerage + Transaction Charge + SEBI Fee)
    Margin Funding Charges 18%
    Reactivation Charges Rs 20 per instruction
    Account Closure Charges Rs 20 per instruction
    Dematerialisation Charges Rs 50 per request
    Pledge Creation Rs 50 per transaction
    Pledge Invocation Rs 50 per transaction
    Margin Pledge/Unpledge/ Pledge closure Rs 50 per transaction
    Margin Repledge Rs 50 per transaction

    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, and 0.0126% of total turnover as STT.

    Apart from these 0.00005% of total turnover is charged as SEBI turnover charges, stamp duty charges usually depend on the state and 18% of ( transaction + brokerage charges) as GST.

    These types 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
    Trading Charges [One Time] Rs 0 (Free)
    Trading AMC [Yearly] Rs 0 (Free)
    Demat Charges [One Time] Rs 0 (Free)
    Demat AMC [Yearly] Rs 225
    Margin Money 75% Margin
    Offline to Online Yes

    The Monarch Networth Capital is a greatly popular stockbroking house. CDSL is its repository source. The stockbroking house usually charges Rs. 0 for account opening and for demat maintenance Rs. 225 is charged on a yearly basis.

    Margin money taken from every individual by the company is 75% Margin and it also offers 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-

    Free Demat Account No
    Free Trading Account Yes
    Discount on Brokerage No
    Trading Happy Hours No
    Flexible Brokerage Plans Yes
    1 Month Brokerage Free No
    Holiday Offers No
    Referral Offers No
    Zero Brokerage for Loss-Making Trades No

    Here is the quick list of Monarch Networth Capital Offers-

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

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

    To know about offers of other stock brokers check below

    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 a demat account opening confirmation.
    • Then you will be able to use your account with flexibility.

    Why open a Monarch Networth Capital trading account?

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

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

    Monarch Networth Capital Products & Services

    Let’s have a detailed understanding of their products & services –

    Monarch Networth Capital Products

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

    Equity Trading Yes
    Commodity Trading Yes
    Currency Trading Yes
    Options Yes
    Futures Yes
    Mutual Funds Yes
    Forex No
    Banking No
    SIP Yes
    Insurance Yes

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

    Flexibility in equity trading usually helps investors to raise funds or profit amounts 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, and 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 at affordable prices and have a great lifespan 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 thing more amazing and handy as well.

    Monarch Networth Capital Services

    Demat Services Yes
    Trading Services Yes
    3 in 1 Account No
    Intraday Services Yes
    IPO Services Yes
    Stock Recommendations Yes
    Robo Advisory No
    PMS No
    Trading Institution No
    Trading Exposure Upto 5x

    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 satisfy 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 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 Reports Yes
    Research Reports Yes
    Company Reports Yes
    Annual Reports No
    Company Stock Review No
    Free Stock Tips Yes
    IPO Reports Yes
    Top Picks Yes
    Daily Market Review Yes
    Monthly Reports Yes
    Weekly Reports Yes
    Offline Advisory Yes
    Relationship Manager Yes

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

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

    Monarch Networth Capital Exposure/ Leverage

    Exposure / Leverage
    Equity Delivery 1x
    Equity Intraday Upto 5x
    Equity Futures 1x
    Equity Options 1x
    Currency Futures 1x
    Currency Options 1x
    Commodities Future 1x
    Commodities Option 1x
    Margin Calculator Monarch Networth Margin Calculator

    The Stockbroking company usually offers leverage of up to 5x to all of its clients. It is basically good at providing leverage on equity intraday and equity options.

    Find Exposure or Margin of other Stock Brokers

    Monarch Networth Capital Trading Platforms

    Monarch Networth Capital is a renowned stock broking firm that 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 – Windows Yes
    Desktop Platform – Mac No
    Desktop Browser Platform Yes
    Mobile Site Platform No
    Android App Platform Yes
    iOS App Platform No
    Windows App Platform No
    Other Mobile OS Platforms No
    Real-time Updates Yes
    Portfolio Details Yes
    Online MF Buy No
    News Flash Yes
    Research Reports No
    Easy Installation Yes
    Global Indices Yes
    Stock Tips No
    Personalized Advisory No
    Interactive Charts Yes
    Live Markets Yes
    SMS Alerts Yes
    Email Alerts Yes
    Multi-Account Management No

    Here are some trading platforms offered by 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.

    The 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 stocks.
    • Users can run this platform with a basic internet connection.

    Monarch Networth Capital Mobile Trader – Mobile Trading 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 that provides various benefits.

    Perks of using the mobile app for trading-

    • Users can trade through mobile applications anytime.
    • It enables users to trade anywhere through their mobile phones.
    • Makes trading easy and simple.

    Monarch Networth Capital Customer Support

    Customer Support
    Dedicated Dealer Yes
    Offline Trading Yes
    Online Trading Yes
    24*7 Support No
    Support Number 022-30641600
    Email Support Yes
    Chat Support No
    Toll-Free Number No
    Branches 85

    Monarch Networth Capital is the best-ever stock broking house and 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 BSE 22
    Resolved in BSE 21
    Lodged in NSE 32
    Resolved in NSE 31

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

    The company resolves queries of the clients within 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 calculators 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 most wide-ranging and full stockbroking company available in India. It provides qualitative and flexible trading platforms to 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 stockbroking house, go for Monarch Networth Capital and get reliable stockbroking services.

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