About Monarch Networth
Incorporated in 1993, Monarch Networth Capital Limited (MNCL) is a full-service broker that offers a cost-effective fee structure and multiple product offerings.
The company is an accredited stock broker with BSE, NSDL, MCX, NCDEX, NMCE & DGCX and uses NSDL and CDSL for custodial services. It is also registered with AMFI for mutual fund distribution.
Monarch Networth Capital Key Offerings
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About Share.Market
Share.Market, launched for the public in August 2023, is a stock market platform of PhonePe. This platform allows users to explore, invest, and trade in various financial instruments, including stocks, ETFs, Futures & Options (F&O), and WealthBaskets.
PhonePe, a popular digital payment platform, has launched a new app called Share.Market for share trading. The app is offered by PhonePe Wea...
Incorporated in 1993, Monarch Networth is a Full Service Broker. It offers trading at BSE, NSE, MCX & NCDEX. It has 71 branches across India. Incorporated in 2023, Share.Market is a Discount Broker. It offers trading at BSE, NSE. It has 0 branches across India.
| Monarch Networth | Share.Market | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX & NCDEX | BSE, NSE |
| Year of Incorporation | 1993 | 2023 |
| Number of Branches | 71 | 0 |
Monarch Networth trading account opening charges is Rs 0 (Free) while Share.Market account opening changes is Rs 0 (free). Monarch Networth Demat Account AMC Charges is Rs 350 PA and Share.Market Demat Account AMC Charges is Rs 180 (free for 1st year).
| Monarch Networth | Share.Market | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (free) |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (free) |
| Demat Account AMC Charges | Rs 350 PA | Rs 180 (free for 1st year) |
Monarch Networth brokerage charges for equity is 0.15% and intraday is 0.01% whereas Share.Market brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free).
| Account Type | Monarch Networth General Plan | Share.Market ZERO brokerage till 31st Mar 2025 |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 0.15% | Rs 0 (Free) |
| Equity Intraday | 0.01% | Rs 0 (Free) |
| Equity Futures | Rs 15 per lot | Rs 0 (Free) |
| Equity Options | Rs 15 per lot | Rs 0 (Free) |
| Currency Futures | 0.01% | |
| Currency Options | Rs 15 per lot | |
| Commodity Futures | 0.01% | |
| Commodity Options | Rs 15 per lot | |
| Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Monarch Networth | Share.Market | |
|---|---|---|
| Account Type | General Plan | Default Plan |
| Fixed Charges | ||
| Equity Delivery | 0.15% | Rs 20 per executed order or 0.05% whichever is low |
| Equity Intraday | 0.01% | Rs 20 per executed order or 0.05% whichever is low |
| Equity Futures | Rs 15 per lot | Rs 20 per executed order |
| Equity Options | Rs 15 per lot | Rs 20 per executed order |
| Currency Futures | 0.01% | |
| Currency Options | Rs 15 per lot | |
| Commodity Futures | 0.01% | |
| Commodity Options | Rs 15 per lot | |
| Minimum Brokerage | Rs 15 per lot | |
| Other Charges | ||
| Call & Trade Charges | ||
Monarch Networth margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Share.Market margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Monarch Networth | Share.Market | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
The trading platforms offered Monarch Networth include . Share.Market offers Share.Market website and mobile app trading software.
| Monarch Networth | Share.Market | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Share.Market website and mobile app | |
| Intraday Square-off Time | 3:20 PM | 3:10 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
Monarch Networth is rated of 5 based on 0 customer reviews whereas Share.Market is rated of 5 based on 3 customer reviews.
| Monarch Networth | Share.Market | |
|---|---|---|
0 Customer Reviews  | 3 Customer Reviews | |
| Fees |  |  |
| Brokerage | |  |
| Trading Platform | |  |
| Customer Service | |  |
| Research Capabilities | |  |
| Overall Rating | | |
| Broker Rating | Monarch Networth is Rated / 5 based on 0 customer reviews | Share.Market is Rated 3.7 / 5 based on 3 customer reviews |
| Monarch Networth | Share.Market | |
|---|---|---|
| Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Monarch Networth | Share.Market | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Monarch Networth | Share.Market | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Monarch Networth | Share.Market | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Monarch Networth | Share.Market | |
|---|---|---|
| Pros | FREE account opening! Open an Instant Account & start investing with minimum brokerage along with benefit of research. |
|
| Cons | Free Account Opening
This is a limited time offer. Open an instant account online and start trading today. |
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| Reviews | ||
| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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