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Monarch Networth Capital Review 2022

Rated 3 stars Rated 3/5 by Top Share Brokers Team
Last updated on: 7-Apr-2020
Monarch Networth Capital Ltd Review
  • Ranked #1 Broker in India(5*)
  • Get 100% Free Delivery Trading
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  • Monarch Networth Review 2022 - Quick Summary

    Monarch Networth Capital, an exponentially growing firm is backed by strong support, chain of sub brokers and branches, research team and network of experts.


    Rated 3 stars

    Monarch Networth Top Highlight for 2022

    • Serves multiple investment products
    • Highly skilled and Dedicated Research Team
    • Around 300+ centers across India
    • A Charter member of Financial Planning Standards Board of India [FPSB]
    • Own DP service
    • Serves NRIs
    • Other services like Health Plan, General Insurance and Life Insurance
    • Free Call and Trade service
    • Efficient Grievance handling

    About Monarch Networth

    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.

    Zerodha Promotion Offer

    Current promotion offer from Zerodha for TopShareBrokers Visitors:

    • Free Delivery Trading
    • Max Rs. 20 per order brokerage on intraday,F&O,Commodities and Currency
    • Free Direct Mutual Funds and IPO Investment
    • Kite & Coin - Number one Trading platform and Mobile App
    • Open Instant Zerodha Account Now!

    Request call back from Zerodha

    Monarch Networth Brokerage Plan, Fees and Charges

    Rated 3 stars Brokerage and Commission Rated 3/5

    Monarch Networth Account Opening Charges

    Trading Account Opening Charges: Rs 149
    Trading Account AMC: Free
    Demat Account Opening Charges: Free
    Demat Account AMC: Rs 400 PA

    Monarch Networth Brokerage Plan with closest competitors

    Here we are comparing Monarch Networth with its 5 close competitors, who are currently market leader in brokerage industry.

    Broker Monarch Networth 5paisa Zerodha Upstox Paytm Money
    Service Type Full Service Broker Discount Broker Discount Broker Discount Broker Discount Broker
    Brokerage Range .005 to .3% Rs 20 Rs 20 Rs 20 Rs 15
    Account Type 2 in 1 2 in 1 3 in 1 3 in 1 2 in 1
    Equity Delivery 0.3% or 30 paisa Flat Fee Rs 20 Free 2.5% or Rs 20 whichever is lower 2.5% or Rs 15 whichever is lower
    Equity Intraday 0.03% or 3 paisa Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower
    Equity Futures 0.03% or 3 paisa Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.02% or Rs 15 whichever is lower
    Equity Options Rs 50 Per Lot Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 15 per order
    Commodity 0.03% or 3 paisa Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 NA
    Currency Futures 0.03% or 3 paisa Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower NA
    Currency Options Rs 50 Per Lot Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 NA
    Rating
    Rated 3 stars
    Rated 4 stars Rated 4.5 stars Rated 4.5 stars Rated 4 stars

    Other Charges

    • Call & Trade Charges: NA
    • RMS Auto Square Off Charges: NA
    • Hidden Charges: NA

    For complete brokerage charges and trading plans detail please visit Monarch Networth Brokerage Charges.

    Please refer unique and accurate Monarch Networth Brokerage Calculator


    How to open Monarch Networth Account online?

    There are 3 simple ways to open an account with Monarch Networth Capital.

    • Call at one of the below number and ask to open an account with them.
      Toll Free No.: 1800-220-223
      Other No: 022-30641600
      Call & Trade (Toll Free): 1800 1027912
    • Visit one of their nearest branch and you will find representative to help you out: Click on this link to find the branch closest to you.They have 156 branches across the India.
    • Mail them your details at "[email protected]", and their relationship manager will contact you.

  • Free Demat Account
  • 100% Free Delivery Trade
  • Online Account Opening
  • Alternatives to Monarch Networth

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    Monarch Networth Mobile App and Trading Platforms

    Rated 3 stars Trading Platforms Rated 3/5

    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.


    Monarch Networth Trading Cons

    Mobile app based trading not available, investment tools missing


    Monarch Networth Customer Care info

    • Monarch Networth Customer Care Phone Number: NA
    • Monarch Networth Customer Support Email: NA
    • Monarch Networth Knowledge Center:

    Final thought about Monarch Networth

    Rated 3 stars Rated 3/5 by 12 users

    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.

    Request call back from Zerodha

    Last updated on: 2020-04-07

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    Monarch Networth Capital Ltd User Reviews

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