If you’re looking for a reliable stock broker and comprehensive financial services in India, go no further than Monarch Networth Capital.

As a result of a merger between the Monarch Group of Companies and Networth Stock Broking Ltd., a new stock brokerage business has been formed.

In 1993, Vaibhav Shah established the business. The company’s main offices are in Mumbai, Maharashtra.

The stock brokerage firm has spent the past two decades developing innovative financial strategies and services, positioning it as a market leader.

The purpose of this page is to provide detailed information about Monarch Networth review, such as its offerings, brokerage costs, etc. The different Monarch Networth charges will also be discussed.

Broker Type Full Service Broker
Active Clients 56,000+
Account Opening Charges Rs.200
AMC Rs.350 per Year
Delivery Charges 0.30% of Transaction Value
Intraday Charges 0.03% of Transaction Value

Monarch Networth - Company Overview

Company Type

Public

Headquarters

Mumbai

Founder

Vaibhav Shah

Establishment Year

1993

Why Trade or Invest with Monarch Networth?

Here are some of the reasons to trade or invest with Monarch Networth Services Account:

  • Monarch Networth, a reputable Full Service Broker with more than 56,000 active clients, gives good reasons to trade or invest with them.
  • They offer reasonable value-for-money solutions with a low account opening fee of Rs.200 and an affordable annual maintenance charge of Rs.350.
  • Also, their competitive delivery and intraday charges, which are 0.30% and 0.03% of the Value of a transaction, show that they are committed to trading and investing opportunities that offer good Value.

Monarch Networth Brokerage Charges

Brokerage Plan

Standard Plan

Subscription Charges

Zero

Equity Delivery

0.30% of Transaction Value

Equity Intraday

0.03% of Transaction Value

Equity Future

0.03% of Transaction Value

Equity Option

Rs.30 per Lot

Commodity Future

0.03% of Transaction Value

Commodity Option

Rs.30 per Lot

Currency Future

0.03% of Transaction Value

Currency Option

Rs.30 per Lot

The Monarch Networth brokerage charges are as follows:

  • The Standard Brokerage Plan from Monarch gives them a competitive edge because there are no subscription fees and reasonable rates.
  • For equity delivery, they charge 0.30 per cent of the Value of the transaction.
  • For equity intraday trading and Equity futures trading, they charge 0.03 per cent of the Value of the transaction.
  • Equity options, futures on commodities, options on commodities, Currency futures, and Currency Options all cost Rs. 30 per lot. This clear fee structure makes Monarch a good choice for traders and investors who want affordable brokerage services across various asset classes.

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How to Open a Monarch Networth Demat Account?

You can rely on us to open a Monarch Networth Demat Account. Here’s what you need to do:

  • Provide your personal and financial information in the online Demat account application below.
  • Please scan and upload your valid identification, including your PAN card, Aadhar card, proof of address, and recent photographs.
  • Someone at Monarch Networth will thoroughly verify all submitted materials.
  • Check for any supporting paperwork once everything checks out.
  • Your Demat account will be activated, and trade credentials will be sent to you as soon as your identity has been confirmed.

Types of Monarch Networth Trading Platforms Provided

Web Trading Platform

Trading Terminal

Available

Algo Trading Platform

NA

Foreign Stocks Trading Platform

NA

Basket Trading Platform

NA

Mutual Fund Investment Platform

Available

Digital Gold Investment Platform

NA

Bonds Investment Platform

NA

According to the Monarch Networth review, the company’s Android app (in the Google Play Store) provides access to several trading platforms and tools.

Additionally, they provide an app for Apple’s iOS platform. They give access to their web trading platform, which makes trading shares online a breeze.

For more complex trades, a trading terminal is also available. Additionally, they offer a mutual fund investment platform that makes buying and selling funds simple.

Monarch Networth App & Trading Platforms Features

Wishlist

Yes

Real Time Updates

Yes

Portfolio Details

Yes

Online MF Buy

Yes

Research Reports

No

Global indices

No

Customised Recommendations

No

Stock tips

No

Interactive charts

Yes

Live market

Yes

Multi Profile Management

No

Robust & Secure Platform

Yes

With several options in Monarch Networth review, including the App, Online Platform, and Trading Platform, traders may take advantage of its user-friendly and effective trading environment.

Monarch’s intuitive interface makes it easy to manage portfolios, make trades, and monitor the market in real time, among its many other capabilities.

Monarch Networth App:

Find out features of this amazing Monarch App.

  • Investing power at your fingertips is what constitutes the Monarch Networth App.
  • Users can make a “Wishlist” to keep track of stocks and assets they’re interested in. With real-time data, investors may track stock prices and market fluctuations as they happen.
  • The app gives users access to in-depth Portfolio Information to see how their assets are doing. Investors may quickly diversify their holdings with the help of the Online Mutual Fund Purchase function.
  • Trading is enhanced with interactive charts, which provide valuable visualizations to make informed decisions.
  • Traders may act quickly and confidently because of Live Market’s constant access to market data. The app’s focus on user privacy and financial transaction security makes it a standout.

Monarch Networth Web Trading Platform:

Check out various features of Monarch Web Trading Platform.

  • In addition to the mobile app, Monarch also offers a web platform for trading.
  • It’s the same app you know and love, with all your saved Wishlists, live feeds, and portfolio info intact. Online Mutual Fund Purchase is still a convenient way to purchase mutual funds.
  • For in-depth technical analysis, you may use interactive charts. Users may always stay abreast of market activity by using the website’s persistent Live Market function.
  • Trading on a bigger screen with the online platform improves readability and usability.
  • Because of the platform’s reliability and safety, traders may feel comfortable transacting with it.

Monarch Networth Trading Terminal:

Here are features of Monarch Trading Terminal.

  • The Trading Platform offered by Monarch Networth is an all-inclusive resource for serious investors.
  • It includes everything the app and online platform offer, making it perfect for novice and seasoned traders. Traders may now make educated selections using real-time data and graphical representations of market trends.
  • Despite lacking Research Reports and Global Indices, traders can still access market data that may influence profitable tactics.
  • Since Personalized Stock Picks and Stock Advice are unavailable, investors must rely on their Research.
  • Multi-Profile Management is also guaranteed on the Trade Platform, allowing users to switch between numerous trading profiles easily.

Monarch Networth Offers

Free Account Opening

No

Free AMC

No

Free Brokerage

No

Flat Brokerage

No

Flexible Brokerage Plans

Yes

Happy Trading Hours

No

Free Delivery Trading

No

Free Intraday Trading

No

Free F&O Trading

No

Free Research Reports

Yes

Free Trading calls

Yes

Referral Offers

Rs.200 per Client

Margin Funding / Pledging

Yes

Brokerage Cashback

No

Zero Brokerage for Loss Making Trades

No

The Monarch Networth offers that are exciting are as follows –

  • Monarch Networth offers flexible brokerage plans, free trading calls and research reports.
  • They offer margin funding and pledging, with an Rs. 200 per client referral bonus.
  • Monarch Networth doesn’t offer free account opening, free AMC, or zero brokerage for trades that lose money. Instead, they focus on giving traders many brokerage options and helpful research support.

Monarch Networth SWOT Analysis

Here is a detailed SWOT Analysis of Monarch Networth.

Strengths

  • Monarch Networth’s trading platform is cutting-edge and highly encrypted, protecting customer information and financial activities. Its trustworthiness among customers makes it a desirable option for merchants and financiers.
  • The Monarch Networth mobile app interfaces, web platform, and trading platform are all designed with the user in mind. Because of this, both new and seasoned traders will have an easier time navigating the media.
  • Detailed portfolio tracking and management tools are available on platforms. Investors may keep tabs on their portfolio’s holdings, performance, and diversification.
  • Mutual fund investment is made simple and quick using Monarch’s online platforms. This function helps customers quickly diversify their portfolios, which aligns with the rising popularity of mutual fund investing.
  • When it comes to offering real-time market information and live market feeds, Monarch Networth is unrivalled. Improve your trading and investing results by keeping up with market trends and acting swiftly with the help of this tool.

Weakness

  • One major flaw is that there need to be research papers to refer to. While Monarch provides several trading tools, those looking for in-depth information before making investment selections may be disappointed by the absence of extensive research reports.
  • Users seeking to diversify their assets across worldwide markets may need help since the platforms do not provide access to global indexes.
  • Unlike other rivals, Monarch Networth does not offer personalized financial guidance to its clients in the form of investment suggestions. This may affect newbie investors who may use some advice.

Opportunities

  • The Monarch may broaden its current offerings to include research reports, access to international markets, and recommendations. Its growth has the potential to bring in a broader spectrum of customers and meet their varying investment needs.
  • Tutorials, webinars, and market insights are all examples of instructional materials that might help users improve their trading knowledge and make more educated judgements.
  • The ability to stay ahead of the competition may be gained by using new technologies. Attracting tech-savvy traders requires integrating AI-driven tools for analysis, prediction, and risk management.

Threats

  • Competition in the brokerage business is fierce since so many firms provide equivalent products and services. To distinguish and keep its current clientele, Monarch Networth must constantly innovate.
  • The brokerage sector may be affected by changes in financial legislation or policies. Monarch has to be on the lookout for new rules and regulations and ready to implement them swiftly to maintain compliance and keep business as usual.
  • Threat from market volatility. The financial markets are inherently unstable. Traders and investors may become more risk-averse under volatile market circumstances, which might reduce trading volumes.

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Monarch Networth Review - Products Offered

Equity Delivery

Yes

Equity Intraday

Yes

Equity Option

Yes

Equity Future

Yes

Commodity Option

Yes

Commodity Future

Yes

Currency Option

Yes

Currency Future

Yes

Foreign Stocks

No

Mutual Funds

Yes

Banking

No

Insurance

Yes

Corporate Bonds

No

Govt. Bonds

No

Digital Gold

No

Monarch Networth Review - Services Provided

Demat Services

Yes

Trading Services

Yes

Intraday Services

Yes

F&O Services

Yes

IPO Services

Yes

3 in 1 Account

No

Stock Research

Yes

Stock Recommendations

Yes

Trading Institution

No

Share Pledging

Yes

PMS or PCG

Yes

NRI Services

Yes

Monarch Networth Research & Advisory

Fundamental Reports

Yes

Research Reports

Yes

Company Reports

No

Annual Reports

No

IPO Reports

Yes

Technical Reports

Yes

Stock Tips

Yes

Daily Top Stock Picks

Yes, Limited

Daily Market Review

Yes

Monthly Review

No

Weekly Review

No

Relationship Manager

Yes

Robo Advisory

No

The Monarch Networth trading account states that:

  • Monarch Holding has a complete research suite that includes Fundamental Reports and Research Reports to help investors make intelligent choices.
  • Company Reports and Annual Reports are not currently available, but they offer IPO and Technical Reports, stock tips, and a small number of Daily Top Stock Picks.
  • With the help of a Relationship Manager, their Research includes Daily Market Reviews, but there are no Monthly or Weekly Reviews. Robo Advisory services are something that Monarch Holding does not offer.

Monarch Networth Margin or Exposure or Leverage

Equity Delivery

1x

Equity Intraday

Upto 5x (Depends on Stocks)

Equity F&O Carry Forward

1x

Equity F&O Intraday

1.3x

Commodity F&O Carry Forward

1x

Commodity F&O Intraday

1.3x

Currency F&O

1x

Different trading segments of Monarch Networth offer different levels of Monarch Networth margin or leverage.

  • Monarch Networth offers flexible margin options across various trading segments. For equity delivery, they provide a 1x margin. In equity intraday, the margin can go up to 5x, depending on the traded stocks.
  • For equity futures and options carry forward, as well as commodity futures and options have forward, a 1x margin is provided.
  • Intraday trading for equity futures and options, commodity futures and options, and currency futures and options, offers a margin of 1.3x, reflecting their commitment to facilitating diverse trading strategies.

Monarch Networth Review - Programs

Sub Broker Program

Yes

Partner Program

Yes

Referral Program

Yes

Monarch Networth Review & Rating by Finec.in

Overall Rating

7.00 / 10

Customer Support

6.98 / 10

Technology

7.09 / 10

Charges

7.03 / 10

Products & Service

6.96 / 10

Experience

6.95 / 10

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Monarch Networth Customer Support

Trading Support

Yes, Free

Dedicated Dealer

Yes, Free

Call Support

022-43211800, 079-26666500

Email Support

Whatsapp Support

NA

Website Support

Facebook Support

Twitter Support

Telegram Support

NA

Branches / Offices

Available

For any trading-related issues, contact Monarch Networth Customer Care for free. The dedicated dealer support is also free.

You can mail them to [email protected]. You can also try reaching out to this number for call 022-43211800, 079-26666500.

Monarch Networth is available on social media, like Facebook, Twitter, LinkedIn, Telegram, and other sites.

Monarch Networth Complaints & Feedback

Total Complaints Lodged

6

Total Complaints Resolved

5

% of Resolved Complaints

83.33%

Non Actionable Complaints

1

% of Non Actionable Complaints

16.67%

So far, only 6 Monarch Networth complaints have been filed, and five have also been resolved. The number of complaints solved is above 83.33%, close to the industry average.

One of the remaining complaints needs to be actionable. This is 16.67% of all the complaints made so far.


Monarch Networth Charges

Now, let’s talk about how much it costs to open a Monarch Networth account. It costs Rs. 200 for Monarch Networth account opening charges, and the annual maintenance fee is only Rs.350.

Apart from these charges, there are also STT and CTT fees, which are:

  • 1% on both buy-side and sell-side equity delivery trades
  • 025% on the selling side of intraday trade in stocks
  • 0125% on the selling side of equity future trade
  • 25 per cent for buying equity options and 0.0625 per cent for selling them.
  • 01% for selling commodity futures and 0.05% for selling commodity options (sell side)
  • There are no STT or CTT charges for the F&O segment.
  • Depending on what you are trading or investing in, stamp duty costs can range from 0.0001% to 0.015%.

Transaction fees can also be anywhere from 0.0005% to 0.05%, depending on the segment and the product.

Some Monarch Networth hidden charges are SEBI turnover charges of Rs. 10 per crore of trade for all segments, DP charges, GST, account closure, dematerialization, and reactivation charges.

Monarch Networth Account Opening Charges

Account Opening Charges

Rs.200

Annual Maintenance Charges (AMC)

Rs.350 per Year

Monarch Networth STT & CTT Charges

Equity Delivery

0.1% on buy & sell

Equity Intraday

0.025% on sell

Equity Future

0.0125% on sell

Equity Option

0.125% on buy, 0.0625% on sell

Commodity Future

0.01% on sell

Commodity Option

0.05% on sell

Currency Future

Nil

Currency Option

Nil

Monarch Networth Stamp Duty Charges

Equity Delivery

0.015% on buy

Equity Intraday

0.003% on buy

Equity Future

0.002% on buy

Equity Option

0.003% on buy

Commodity Future

0.002% on buy

Commodity Option

0.003% on buy

Currency Future

0.0001% on buy

Currency Option

0.0001% on buy

Monarch Networth Transaction Charges

Equity Delivery

0.00325% (NSE) & 0.00375% (BSE)

Equity Intraday

0.00325% (NSE) & 0.00375% (BSE)

Equity Future

0.0019% (NSE & BSE)

Equity Option

0.05% (on premium)

Commodity Future

0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special)

Commodity Option

0.05% (Non Agri)

Currency Future

0.0009% (NSE) & 0.00025% (BSE)

Currency Option

0.035% (NSE) & 0.001% (BSE)

Monarch Networth Pledge Charges

Pledge Creation Charges

Rs.50 per Request or 0.04% of Value (whichever is higher)

Pledge Invocation Charges

Rs.50 per Request or 0.04% of Value (whichever is higher)

Interest on Margin Trading

0.045% per day

Monarch Networth Hidden Charges

SEBI Turnover Charges

Rs.10/ Crore (All Segment)

DP Charges

Rs.25 per Scrip on Sell

GST

18% on (Brokerage + SEBI + Transaction charges)

Account Closure Charges

Rs.150

Reactivation Charges

Rs.100

Dematerialisation Charges

Rs.35 per Certificate

Call & Trade Charges

Free


Monarch Networth Review – Conclusion

So this was all about Monarch Networth review. For traders’ ease and satisfaction, it offers a variety of customizable and high-quality trading platforms.

Investors have a favourable opinion of them because of the personalized trading platforms and brokerage programs they provide.

The stock brokerage firm’s rise to prominence may be attributed to its support staff’s quality and visible presence in the market.

Regularly, customers may take advantage of a plethora of goods and services. Happy trading!


Monarch Networth Frequently Asked Questions (FAQs)

Below we have listed the FAQs related to Monarch Networth Review.

Is Monarch Networth a Safe Broker?

Yes, Monarch Networth is considered a safe broker with a well-established presence in the market.

Is Monarch Networth Good for Beginners?

Yes, beginners can use Monarch Networth because its platforms and research reports are easy to use.

How many active clients does Monarch Networth have?

Monarch Networth has 56,000+ active clients.

Who is the Founder of Monarch Networth?

Vaibhav Sha was the founder and promoter of Monarch Networth group.

Does Monarch Networth provide Free Delivery Trading?

No, Monarch Networth does not offer free delivery trading.

What are Intraday Trading Charges in Monarch Networth?

Intraday trading charges in Monarch Networth are 0.05% of the transaction value.

What are Monarch Networth F&O Charges?

Monarch Networth charges for Equity Futures & Options (F&O) trading are as follows: Equity F&O Carry Forward: 1x margin and Equity F&O Intraday: 1.3x margin.

Does Monarch Networth charge for Commodity Trading?

Monarch Networth charges a Commodity Trading transaction fee of 0.03% of the transaction value for intraday trading.

Does Monarch Networth charge for Currency Trading?

Monarch Networth does not levy any charges for currency trading.

Does Monarch Networth provide Research?

Yes, Monarch Networth provides research reports and free trading calls.

How to contact Monarch Networth Customer Care?

Monarch Networth Customer Care’s contact details are [email protected] or call 022-43211800, 079-26666500.

How much is AMC in Monarch Networth?

The Annual Maintenance Charges (AMC) in Monarch Networth are Rs. 350 per year.

What are Account Opening Fees in Monarch Networth?

The account opening fees in Monarch Networth are Rs. 200.

What are Pledge Creation Charges in Monarch Networth?

The Pledge Creation Charge is Rs.50 per Request or 0.04% of Value (whichever is higher).

How much are Pledge Invocation Fees in Monarch Networth?

The Pledge Invocation Fee is Rs.50 per Request or 0.04% of Value (whichever is higher).

Does Monarch Networth levy any Interest on Margin Trade Funding?

The Interest on Margin Trading is 0.049% per day.

What are DP Charges in Monarch Networth?

The DP Charges for Monarch Networth are Rs.25 per Scrip on Sell.

Does Monarch Networth levy any Account Closure Fees?

The account closure charges are Rs 150 for Monarch Networth.

What are Account Reactivation Fees in Monarch Networth?

The Account Reactivation fee in Monarch Networth is Rs 100.

What are Call & Trade Charges in Monarch Networth?

The Call & Trade Charges in Monarch Networth are free.


 

Customer ratings and reviews of Monarch Networth

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