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 Customer Ratings
|Products & Services||6.0/10|
|Brokerage Charges & Fees||5.9/10|
|Stock Research & Advisory||6.2/10|
|Total Client Reviews||328|
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.
|Broker Type||Full Service Broker|
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.
Get a Call back from Monarch Networth Capital
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 Options||Rs 100 per lot|
|Currency Options||Rs 100 per lot|
|Commodity||Rs 100 per lot|
|Minimum Brokerage||Percentage of Transacton|
|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 Demat account and margin money of 75% Margin is also taken for security.
Find Brokerage Charges of other Brokers
|Sharekhan||Edelweiss||Indiabulls Ventures||Kotak Securities|
|Angel Broking||HDFC Securities||India Indoline / IIFL||Motilal Oswal|
|Axis Direct||ICICI Direct||Karvy||Upstox|
Monarch Networth Capital Other Charges
|SEBI Turnover Charges||0.00005% (Rs.5/Crore)|
|STT||Equity Delivery: 0.1% on both Buy and Sell|
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
|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, 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 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
|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 are charged on a yearly basis.
Margin money was taken from every individual by the company is 75% Margin and it also offer offline to online options for trading.
Compare Stock Brokers
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|
|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 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.
To know about offers of other stock brokers check below
|SBI Smart||Aditya Birla Money||Asit C Mehta Investment||Bonanza Portfolio|
|Narnolia Securities||Alice Blue Online||Astha Trade||Choice Broking|
|Zerodha||Anand Rathi||BMA Wealth Creators||Geojit 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-
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
- Mutual funds
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
|3 in 1 Acount||No|
|Trading Exposure||Upto 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|
|Company Stock Review||No|
|Free Stock Tips||Yes|
|Daily Market Review||Yes|
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 Delivery||upto 1x|
|Equity Intraday||Upto 10x|
|Equity Futures||Upto 2x|
|Equity Options||Upto 2x for shorting|
|Currency Futures||Upto 2x|
|Currency Options||Upto 1x|
|Commodities Future||Upto 1x|
|Commodities Option||Upto 1x|
|Margin Calculator||Monarch 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.
Find Exposure or Margin of other Stock Brokers
|IDBI Direct||KIFS Trade Capital||Nirmal Bang||Prabhudas Lilladher|
|Jhaveri Securities||Mastertrust Capital||Groww||Profitmart|
|JM Financial||5Paisa||Paytm Money||Reliance Securities|
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.
|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 Platform||No|
|Real time Updates||Yes|
|Online MF Buy||No|
|Multi Account Management||No|
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
|Toll Free Number||No|
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 BSE||22|
|Resolved in BSE||21|
|Lodged in NSE||32|
|Resolved in NSE||31|
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
Find Reviews of other Stock Brokers
|Religare Securities||Shri Parasram Holdings||Sushil Finance||Ventura Securities|
|SAMCO||Shriram Insight||Swastika Investmart||Way2Wealth|
|SAS Online||SMC Global||Tradebulls||Yes Securities|
Most Read Articles