Monarch Networth Capital is one of the top-most broker houses in the nation. It provides superb services to its clients. With the latest technologies and transparent schemes, the company has made its place secure in the broking industry.
The article you are going through will give you the complete Monarch Networth Capital Review. All the queries regarding the broking house have been addressed in detail.
The charges for brokerage, account opening charges, trading platform, offers, exposure, products, services, reviews, etc. are mentioned below. Go through them nicely to know about the broking house better.
Monarch Networth Highlights | |
Broker Type | Full Service Broker |
Demat Account AMC | Rs 225 |
Margin Required | 75% Margin |
Intraday Brokerage | 0.03% |
Delivery Brokerage | 0.30% |
Exposure | Upto 5x |
What do you know about Monarch Networth?
The above table nicely states the Monarch Networth Capital Review. Monarch Networth Capital is a private company having its headquarters in Mumbai, India. Vaibhav Shah founded the broking house in the year 1993.
It is a full-service brokerage house that has some of the best brokerage plans. Monarch Networth Capital is well known for its brilliant services and has a considerable number of clients who trust them for its transparent business operations.
About Monarch Networth | |
Know few details about Monarch Networth | |
Which type of Company is it? – Public / Private | Private |
Which type of Broker is it? – Full Service / Discount | Full Service Broker |
Where is the registered office of Company Located? | Mumbai, India |
Who is the Founder of this Company? | Vaibhav Shah |
When did the company started? | 1993 |
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What are the various Demat Account Opening Charges levied by Monarch Networth?
Monarch Networth Capital Demat Account is famous amongst its clients due to its multiple benefits. The company is registered with the Depository Participant CDSL. Monarch Networth Capital Account Opening charge is Rs 0 (Free).
The annual maintenance fee charged by the company for the Demat account is only Rs. 225 and that for the Trading account is free. The margin amount that a client has to deposit initially is 75% Margin. The company also offers the advantage of dematerialization to the traders trading with it.
Monarch Networth Demat Account Opening Fees | |
Check out the various fees charged for Opening a Demat Account with Monarch Networth | |
Which is the Depository Participant involved? | CDSL |
What are the Demat account opening charges? | Rs 0 (Free) |
How much is the Demat AMC? | Rs 225 |
What is the Trading AMC? | Rs 0 (Free) |
What is the initial Margin amount required? | 75% Margin |
Is dematerialization available? | Yes |
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Does Monarch Networth provide any Offers to their Clients?
Every broking house provides some offers to attract the attention of its clients. There are also certain offers provided by Monarch Networth Capital besides its low brokerage charges. Monarch Networth Capital Offers include free Demat and Trading accounts for the clients. The firm also offers flexible brokerage plans to clients that help them in trading better.
Monarch Networth Offers | |
Here are the various offers provided by Monarch Networth | |
Does the broker provide a Free Demat A/C offer? | Yes |
Does the broker provide Free Trading A/C offer? | Yes |
Is this broker offers a Discount on Brokerage? | No |
Does the broker offer Happy hour trading to their clients? | No |
Is the broking house provides a flexible brokerage plan? | Yes |
Does the broker offer 1-month Free brokerage? | No |
Are the Holiday offers provided by the broker? | No |
Are there any referral offers shared by the broker? | No |
Zero Brokerage for Loss-Making Trades | No |
What are the Brokerage Charges levied by Monarch Networth on various Segments?
It is a significant point to discuss. The Monarch Networth Capital Brokerage Charges are nominal that the clients can easily afford. They charge 0.3% for Equity Delivery and 0.03% for Equity intraday. The company charges nothing for trading commodities.
Their brokerage charge for Equity Futures is only 0.03%, and for Equity, Options is Rs. 100 for a lot. For the Currency Futures, they charge 0.03%, and for Currency Options, it is Rs. 100 per lot. The company charges a percentage of the transaction as a minimum brokerage fee.
Monarch Networth Brokerage Charges | |
Here you will find details of brokerage levied by Monarch Networth on all segments | |
What are the Equity Delivery Charges? | 0.30% |
What are the Equity Intraday Charges? | 0.03% |
How much brokerage charged for Commodity Trading? | Rs 100 per lot |
What is the brokerage on Equity Futures? | 0.03% |
How much brokerage charged for Equity Options? | Rs 100 per lot |
What is the brokerage on Currency Futures? | 0.03% |
What is the brokerage on Currency Options? | Rs 100 per lot |
How much is the Minimum Brokerage required? | Percentage of Transaction |
What is the Demat AMC? | Rs.225 |
How much is the Trading AMC? | Free |
What is the Minimum Margin Required? | 75% Margin |
Does Monarch Networth levy any other charges apart from Brokerage?
Now we shall discuss other charges that are levied by the broker apart from the brokerage charges. Monarch Networth Capital Charges include a transaction charge of 0.00225% of the total turnover. The STT charges are 0.0126% of the total turnover.
Their SEBI turnover charge is 0.00005%. Monarch Networth Capital levies very less Stamp Duty according to the state. A GST of 18% is charged on brokerage and transactions by the company.
Monarch Networth Charges | |
Get deep understanding of all other charges levied by Monarch Networth | |
How much is the Transaction Charges levied? | 0.00225% of Total Turnover |
What are the STT charges? | 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 the 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 |
What are the SEBI Turnover charges? | 0.00005% (Rs.5/Crore) |
How much is the Stamp Duty levied? | (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) |
How is the GST charged? | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
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What is the Limit or Exposure offered by Monarch Networth?
Monarch Networth Capital Exposure on equity delivery is up to 1 time, and equity intraday is up to 5 times. The broker offers a limit of up to 1 time on the equity futures and up to 1 time on equity options. The exposure on currency futures and currency options is up to 1 time. The Monarch Networth Capital Margin is as high as 1 time on commodity trading.
Monarch Networth Exposure or Leverage | |
Here you will find the exposure or limit provided by it | |
How much is the limit on Equity Delivery? | 1x |
What is the limit on Equity Intraday? | Upto 5x |
How much is the limit on Equity Futures? | 1x |
What is the limit on Equity Options? | 1x |
What is the exposure on Currency Futures? | 1x |
How much is the leverage on Currency Options? | 1x |
What is the limit on Commodity Trading? | 1x |
Open Demat Account Now – Fill up the Form Below
How to Open Monarch Networth Capital Demat & Trading Account?
To Open Monarch Networth Capital Demat Account and trading account, you will have to go through the procedure written below. The method is entirely online and hassle-free.
- Click on the button available on the screen below
- A new page will be opened that will take you to the account opening process
- Then a form will appear in which you will have to fill in all the information asked for
- After that, you will have to scan and upload your documents for KYC verification
- Various documents like PAN card, AADHAAR card, Voter ID card, Address proof, Bank account statement, etc. are required
- After completing the above procedures, the executives from the broking house will call you and guide you through the rest
- Then within a few hours, your Demat account will be activated
- Follow the same procedure to Open Monarch Networth Capital Trading Account
What are the various Trading Platforms provided by Monarch Networth?
Monarch Networth Capital Trading Platforms are extremely user-friendly. They are technically advanced and help traders in every way possible. The company offers three types of trading platforms to its clients. They are
Monarch Networth Capital Trading Terminal
Monarch Networth Capital Trading Terminal is designed with flexible and user-friendly software. Clients get the maximum benefits out of them. Just a laptop or a desktop with a steady internet connection is enough to access the trading terminal of the broking house.
Monarch Networth Capital web-based platform
The web-based platform of the broker house is very fast in performance. It can be accessed through all popular browsers like Google Chrome, Internet Explorer, etc. All the options are easy to use, and traders can get a good deal of help through them.
Monarch Networth Capital Mobile App
MNCL Mobile is the name for the Monarch Networth Capital Mobile App. The app has all the useful features like a Multi-segment market watch list, portfolio tracker, fund transfer, fast order facility, real-time streaming of quotes and market reports, etc.
Monarch Networth Trading Platforms | |
Here you will find all the important trading platforms available with Monarch Networth | |
Do they have Trading Terminals for Windows? | Yes |
Do they have Trading Terminals for Mac? | No |
Are they providing a Web Trading Platform? | Yes |
Do they have a Mobile Web Platform? | No |
Does this broker provide Mobile Trading App for Android? | Yes |
Does this broker provide Mobile Trading App for iOS? | No |
Are they having Mobile App for Windows OS? | No |
Do they have Mobile Trading App for Other OS? | No |
What are the features available in Monarch Networth Trading Applications?
Monarch Networth Capital has developed some of the most innovative trading platforms that are immensely helping all traders. We shall discuss the various trading platforms offered by the company in detail below.
Monarch Networth Capital Trading Terminal Features
- Monarch Networth Capital Trading Terminal offers a very flexible interface to the clients
- Traders can buy and sell stocks through this trading software very easily
- Users need to have a computer of their own with an internet connection to get access to this software
- The software has been developed with advanced features that help the clients in trading
THE Monarch Networth Capital Web-Based Platform Features
- The Monarch Networth Capital Web Trading Platform is exceptionally user-friendly
- There are various trading tools available
- Users can buy and sell stocks
- The trading platform provides high-speed performance
- Different flexible options help the clients in earning profit
Monarch Networth Capital Trading App – MNCL Mobile Features
- Clients can get the advantage of a multi-segment market watchlist
- Monarch Networth Capital Trading App allows trading in cash, derivatives, currency, and commodity
- Users can track their portfolios through the app
- Clients can access their holdings in their Demat account with this app
- The app is speedy and operates at low bandwidth
Monarch Networth Trading Application Features | |
Here you will find various features available in Trading Platforms provided by it | |
Are these platforms capable of Real-time Updates? | Yes |
Do these Applications provide Portfolio Details? | Yes |
Is this software providing Online MF Buy? | No |
Do these platforms have News Flash? | Yes |
Are these platforms providing Research Reports? | No |
Are these platforms Easy to Install & use? | Yes |
Do these Apps have Global Indices? | Yes |
Are these platforms having Stock Tips? | No |
Does this software provide Personalized Advisory? | No |
Are these platforms capable of Interactive charting? | Yes |
Do these Apps provide Live Markets data? | Yes |
Do they provide SMS Alerts? | Yes |
Are they providing Email Alerts? | Yes |
Do these platforms have Multi-Account Management solution? | No |
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What are the various Products provided by Monarch Networth?
Monarch Networth Capital Products include equity, commodity, currency, options, and futures trading. This broking house also offers services for mutual funds.
It allows SIP to its clients and also offers insurance policies. This full-service broker house is providing some of the best products to its clients and operates them with the utmost expertise.
Monarch Networth Products | |
Here are the various products provided by Monarch Networth | |
Does the broker allow Equity Trading? | Yes |
Does the broker allow Commodity Trading? | Yes |
Do they have Currency Trading products available? | Yes |
Do they provide Options trading? | Yes |
Are the clients allowed to trade in Futures? | Yes |
Do they have Mutual Funds as a product? | Yes |
Does the broker allow Forex trading? | No |
Does the broker have Banking products? | No |
Is SIP allowed by the broker? | Yes |
Do they have Insurance as a Product? | Yes |
What are the various Services offered by Monarch Networth?
Monarch Networth Capital Services include a host of things. They provide Demat services and trading services to clients. The traders also enjoy the facilities of intraday and IPO. They provide recommendations for stocks to the traders. The trading exposure that the clients are provided is up to 5 times.
Monarch Networth Services | |
Check out the various services provided by it | |
Does the broking house provide Demat Services? | Yes |
Does the broking house provide Trading Services? | Yes |
Do they have 3 in 1 Account i.e. Demat, Trading & Savings A/C? | No |
Do they provide Intraday Services? | Yes |
Are they offering IPO Services to the client? | Yes |
Do they have Stock Recommendations available? | Yes |
Are they providing tools for Robo Advisory? | No |
Does the broker provide PMS? | No |
Do they have Trading Institution available? | No |
What is the Trading Exposure this broker provides? | Upto 5x |
Does Monarch Networth provide Research & Advisory to their clients?
Yes, there are various types of Monarch Networth Capital Research provided to traders. The broking house shares the fundamental reports and research reports with the clients. Reports of the company are also provided to the clients.
Monarch Networth Capital Tips are available for stocks free of cost. The company shares IPO reports, top picks, and daily market reviews. The firm also provides reports for months and weeks. Monarch Networth Capital Advisory is available offline along with Relationship Manager for the clients.
Monarch Networth Research, Advisory & Stock Tips | |
Here are the various research activities are done by it | |
Does the broker share Fundamental Reports? | Yes |
Does the broker share Research Reports? | Yes |
Do they provide Company Reports to their clients? | Yes |
Are they analyzing the Annual Reports of Companies? | No |
Do they share Company Stock Reviews? | No |
Are they sharing Free Stock Tips with their clients? | Yes |
Do they analyze & share IPO Reports? | Yes |
Does the broking company provide Top Picks? | Yes |
Are they sharing Daily Market Review? | Yes |
Do they have Monthly Reports? | Yes |
Does the broker provide Weekly Reports? | Yes |
Are they having Offline Advisory? | Yes |
Do they provide Relationship Managers to clients? | Yes |
What are the Customer Care details of Monarch Networth?
Monarch Networth Capital Customer Care provides decent support to clients. Dedicated dealers are provided to each client. There are provisions for both online and offline trading also. The customer support desk is at the service of the clients round the clock. Monarch Networth Capital has 85 branches throughout the nation.
Monarch Networth Customer Support | |
Let’s have a better understanding of Customer Care Service | |
Are they providing Dedicated dealers to their clients? | Yes |
Do they allow Offline Trading? | Yes |
Do they have facilities for Online Trading? | Yes |
Are they providing 24*7 Support? | Yes |
Does this broker provide Email Support? | No |
Is this broker having Chat Support? | No |
How many Branches the stock broker has? | 85 |
Are there any Complaints filed against Monarch Networth by their clients?
The total number of Monarch Networth Capital Complaints lodged in BSE is 22 and that for NSE is 32 as the records display. But the company has made swift moves and managed to solve 21 out of 22 complaints lodged in BSE and 31 out of 32 complaints filed in NSE.
This record clearly shows how efficient is the broker house in its performance. It helps the clients in every way possible and takes immediate action to solve any problem faced by them.
Monarch Networth Complaints | |
Here you will know about the Complaints lodged against it | |
What is the total number of Complaints Lodged in BSE? | 22 |
How many of these complaints have been Resolved in BSE? | 21 |
What is the total number of Complaints Lodged in NSE? | 32 |
How many of these complaints have been Resolved in NSE? | 31 |
What are the Advantages / Benefits of Monarch Networth Capital Trading Account?
There are plenty of reasons that will compel you for opening a Monarch Networth Capital Trading Account. These reasons are summed up below:
- Clients can trade up to 5 times the margin set for the trading account
- The broker house provides some of the best products and services to the clients
- They have designed their trading platforms brilliantly to give the best trading experience to every client
- Traders can buy and sell stocks easily through the different trading platforms available
- There are no charges levied on commodity trading
- The brokerage charges for equity intraday, equity futures, and currency futures are as low as 0.03%
- Charges for opening Demat and trading accounts are very less
- AMC for the trading account is entirely free
- They have collaborations with some of the big banks of the country for offering seamless services to the clients
- There are various types of special offers for the traders
- The company provides research services and advises the clients
What are the Monarch Networth Review & Ratings as per their Customer?
The Monarch Networth Capital Review from the clients is quite reasonable that indicates that they are satisfied with the services. The stock market research and advisory scheme have fetched 6.2 out of 10 points from the clients. Their brokerage charges have got 6 points. All the products and services provided by the broking house have managed to garner 5.9 points from the traders.
The mobile app and the trading platforms of the firm have received 6.2 points. The 6.3 points in the experience section show that the broking house has the right amount of experience in trading. The average Monarch Networth Capital Rating is 6.1 points along with three stars. 328 people have taken the above survey and helped us in rating the broker house in all the categories.
Monarch Networth Ratings & Reviews | |
We are looking at Companies Ratings on various parameters | |
Stock Market Research & Broking Advisory | 6.2/10 |
Brokerage & other Charges like – Turnover, Transaction Charges etc. | 6.0/10 |
Types of Products & Services the Brand provides | 5.9/10 |
Performance Mobile App, Trading Terminal & Web Trading Platform | 6.2/10 |
Experience in the Broking Business | 6.3/10 |
Total Avg. Rating of Broking House | 6.1/10 |
Star Rating of given to Stock Broker | ★★★☆☆ |
Number of People Contributed to these Ratings | 328 |
Monarch Networth Capital Conclusion
After going through the whole article, you might have clearly understood that Monarch Networth Capital is undoubtedly one of the most efficient broking houses available in the nation today. Any day it can give tough competition to all its contemporaries with its best in the business schemes. Various trading platforms provided by Monarch Networth Capital are easy to use and come with a lot of advanced features.
The brokerage charges are minimal, and there are plenty of offers provided by the company. Monarch Networth Capital gives enough reasons to the traders to continue trading with them. We hope that this Monarch Networth Capital Review will help you to make a better decision in choosing the perfect broker whom you can trust.
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