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
Product Range
Equities, derivatives, commodities, mutual funds, IPOs, and NPS
Life, health, ...
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 Wealth Broking Private Limited, a wholly-owned subsidiary of PhonePe Pvt Ltd. The company is an accredi...
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 | |
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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 |
Open Monarch Networth Account | Open Share.Market Account |
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 | |
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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 |
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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 | Special Offer: FREE account opening. Open an Instant Account & start investing with minimum brokerage along with benefit of research | Special Offer: Enjoy zero brokerage on trades across all segments - F&O and equity. No fees, no conditions, just uninterrupted trading. Offer valid until 31st March 2025. Get the offer |
Monarch Networth | Share.Market | |
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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 | |
Open Monarch Networth Account | Open Share.Market Account |
Minimum Brokerage | Rs 15 per lot | |
Other Charges | ||
Call & Trade Charges | ||
Open Monarch Networth Account | Open Share.Market Account |
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 | |
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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) |
Open Monarch Networth Account | Open Share.Market Account |
The trading platforms offered Monarch Networth include . Share.Market offers Share.Market website and mobile app trading software.
Monarch Networth | Share.Market | |
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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 | ||
Open Monarch Networth Account | Open Share.Market Account |
Monarch Networth is rated of 5 based on 0 customer reviews whereas Share.Market is rated of 5 based on 2 customer reviews.
Monarch Networth | Share.Market | |
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Contact Broker | FREE account opening. Open an Instant Account & start investing with minimum brokerage along with benefit of research | Enjoy zero brokerage on trades across all segments - F&O and equity. No fees, no conditions, just uninterrupted trading. Offer valid until 31st March 2025. Get the offer |
Monarch Networth | Share.Market | |
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Stock / Equity | ![]() | ![]() |
Commodity | ![]() | ![]() |
IPO | ![]() | ![]() |
Mutual Funds | ![]() | ![]() |
Bond / NCD | ![]() | ![]() |
Debt | ![]() | ![]() |
Monarch Networth | Share.Market | |
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Bracket Order | ![]() | ![]() |
Cover Order | ![]() | ![]() |
Buy Today Sell Tomorrow (BTST) | ![]() | ![]() |
Sell Today Buy Tomorrow (STBT) | ![]() | ![]() |
After Market Order (AMO) | ![]() | ![]() |
Good Till Cancelled (GTC) | ![]() | ![]() |
Open Monarch Networth Account | Open Share.Market Account |
Monarch Networth | Share.Market | |
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Casual Investor | ![]() | ![]() |
Active Investor | ![]() | ![]() |
Trader | ![]() | ![]() |
Monarch Networth | Share.Market | |
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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 | Monarch Networth Special OfferMonarch Networth (Equity Delivery: 0.15%)
Open an instant Monarch Networth account online and start trading today. | Share.Market Special OfferZero brokerage on trades across all segments
Offer valid until 31st March 2025. Open Instant Account online and start trading today. |
Open Monarch Networth Account | Open Share.Market Account |