Monarch Networth Capital Ltd. has been successfully providing premium financial services and information for more than a decade. The company offer services to trade in equity, derivatives, commodity, currency, IPO, Mutual Fund, and other services like loans, bonds, FDs, Life Insurance, General Insurance and Depository services.
Networth Stock Broking Ltd. (NSBL) is the stock Broking arm of Networth having membership in NSE and BSE for Capital Market and Derivatives (Futures & Options) segment and with NSE, BSE, USE & MCX-SX for currency derivatives segment. It is Depository participants with CDSL and NSDL. The Broker has a network of around 350 branches across India and a client base of around 100,000 loyal customers. They are alliance partners with PNB for online trading and a Charter member of Financial Planning Standards Board of India [FPSB].
NCIL is the commodities arm of NSBL. It is a member at the Multi Commodity Exchange of India (MCX), National Commodity & Derivatives Exchange (NCDEX) and ICEX.
Call and trade facility is available for free at a special toll free number 1800 3000 0333.The broker also offer trading facility to NRIs for which a NRI trading account can be integrated with a depository account to give you full investing functionality. The dedicated Research Cell provide in-depth research reports like India Market Report, Pivot Points, Result preview and updates, Company reports, IPO analysis etc. They also send research tips through SMS to advice their investor.
Customer Care is taken care well at Networth. Response to all queries are addressed within 1hr. Regular updates on ledger balance, credit of bonus and dividend and all other trading related details are sent through SMS service.
Monarch Networth Capital, an exponentially growing firm is backed by strong support, chain of sub brokers and branches, research team and network of experts.
Mobile app based trading not available, investment tools missing
Here we are comparing Monarch Networth with its 5 close competitors on investment options.
|Equity Trading Type||Yes||Yes||Yes||Yes||Yes|
»» Trading Account Opening Charges: Rs 149
»» Trading Account AMC: Free
»» Demat Account Opening Charges: Free
»» Demat Account AMC: Rs 400 PA
Brokerage is negotiable but not available onsite. You can contact your local broker to know all the charges and fees.
For complete brokerage charges and trading plans detail please visit Monarch Networth Brokerage Charges.
Here we are comparing Monarch Networth with its 5 close competitors, who are currently market leader in brokerage industry.
|Service Type||Full Service Broker||Full Service Broker||Discount Broker||Discount Broker||Discount Broker|
|Brokerage Range||.005 to .3%||0.1 to 0.5%||Rs 20||Rs 20||Rs 20|
|Account Type||2 in 1||2 in 1||2 in 1||3 in 1||2 in 1|
|Equity Delivery||0.3% or 30 paisa||0.5% or 50 paisa||Flat Fee Rs 20||Free||0.2% or Rs 20 whichever is lower|
|Equity Intraday||0.03% or 3 paisa||0.1% or 10 paisa||Flat Fee Rs 20||0.03% or Rs 20 whichever is lower||0.02% or Rs 20 whichever is lower|
|Equity Futures||0.03% or 3 paisa||0.1% or 10 paisa||Flat Fee Rs 20||0.03% or Rs 20 whichever is lower||0.02% or Rs 20 whichever is lower|
|Equity Options||Rs 50 Per Lot||2.5% of Premium or Rs 250 per lot whichever is high||Flat Fee Rs 20||Flat Fee Rs 20||Flat Fee Rs 20|
|Commodity||0.03% or 3 paisa||0.1% or 10 paisa||Flat Fee Rs 20||Flat Fee Rs 20||Flat Fee Rs 20|
|Currency Futures||0.03% or 3 paisa||0.1% or 10 paisa||Flat Fee Rs 20||0.03% or Rs 20 whichever is lower||0.02% or Rs 20 whichever is lower|
|Currency Options||Rs 50 Per Lot||2.5% of Premium or Rs 30 per lot whichever is high||Flat Fee Rs 20||Flat Fee Rs 20||Flat Fee Rs 20|
Please refer unique and accurate Monarch Networth Brokerage Calculator
There are 3 simple ways to open an account with Monarch Networth Capital.
Monarch Networth Capital supports web based trading through their secure web portal networthDirect.com.
NetworthDirect.com:This is the online platform of Networth, riched with features like invest online in IPOs/MFs/Equities, single customized integrated screen, integration of your bank account, trading account & demat account, Online Portfolio Tracker and 128-bit encryption to ensure the highest level of safety, integrated with multiple payment gateways and depository services for seamless transaction capability.
My Networth : This is the online backoffice support by Networth that provides access to your accounts and statements online and with 24X7 availability. You have access to multiple transactional detailed reports viz. financial statements, net position, settlement bills, delivery reports, transaction statement, contract note etc.
For detail review of mobile app and download please visit Monarch Networth Trading Platform Review.
Here we are comparing Monarch Networth with its 5 close competitors on Trading Platform.
|Android Tablet App||Yes||Yes||Yes||Yes||Yes|
|Android Mobile App||Yes||Yes||Yes||Yes||Yes|
|iPhone App (iOS Mobile App)||Yes||Yes||Yes||Yes||No|
Monarch Networth Capital is type of broker who are more interested in carrying business through their sub brokers and branches in different cities. Their focus is to attract local customer city wise and not on centralised online trading. It can be visualize by simple site design and not many tools and platforms offered. Brokerage is also negotiable and can be find out by calling local sub broker of Networth in your city.
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Last updated on 2020-04-07