-13.77%48,999 Clients
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
Monarch Networth Capital operates across seven business verticals. Let's look at different business Verticals:
| SEBI Registration | NSE Member code | Net Worth (In ₹ Cr.) |
|---|---|---|
| INZ000008037 | 06386 | 0.00 |
Monarch Networth Capital is a traditional broker and offers multiple plans depending on the client's requirements. Investors can visit Monarch Networth Capital online or contact them for various brokerage schemes.
VisitMonarch Networth Brokerage Charges Reviewfor more detail.
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 Capital offers a seamless online account opening service that can be completed in just 5-10 minutes.
Seamless Account Opening: Get started in just a few clicks.
Visit Monarch Networth Trading Software Review for more detail.
Zerodha (Flat Rs 20 Per Trade)
The following are the advantages of Monarch Networth. You must read Monarch Networth advantages and disadvantages before opening an account with Monarch Networth. Monarch Networth pros and cons help you find if it suits your investment needs.
The following are the cons of Monarch Networth. Check the list of Monarch Networth drawbacks.
Monarch Networth margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Monarch Networth F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Monarch Networth F&O carry forward positions and equity delivery trades.
| Segment | Margin | Leverage |
|---|---|---|
| Equity Delivery | 100% of trade value for T+5 days | 1x |
| Equity Intraday | Up to 20% of trade value | 5x |
| F&O (Equity, Currency and Commodities) | 100% of NRML margin (Span + Exposure + Delivery margin) | 1x |
| Overall Rating | |
| Fees | |
| Brokerage | |
| Usability | |
| Customer Service | |
| Research Capabilities |
Based on 0 Votes by Monarch Networth Customers
Do you trade with Monarch Networth? Rate Monarch Networth
The number of Monarch Networth customer complaint received by the exchanges. The Monarch Networth consumer complaint report helps understanding the Monarch Networth quality and relibility of service.
| Exchange | Financial Year | Number of Clients* | Complaints** | % |
|---|---|---|---|---|
| NSE | 2025-26 | 48999 | 15 | 0.0306 % |
| NSE | 2024-25 | 56826 | 13 | 0.02 % |
| BSE | 2023-24 | 22288 | 3 | 0.01 % |
| NSE | 2023-24 | 58273 | 8 | 0.01 % |
| BSE | 2022-23 | 16654 | 3 | 0.02 % |
| NSE | 2022-23 | 55152 | 7 | 0.01 % |
| BSE | 2021-22 | 14577 | 2 | 0.01 % |
| NSE | 2021-22 | 58574 | 9 | 0.01 % |
| BSE | 2020-21 | 13771 | 1 | 0 % |
| NSE | 2020-21 | 54680 | 23 | 0.04 % |
* The number of active customers reported by the broker.
** The total number of complaints received against the broker at the given exchange.
Visit Monarch Networth Complaints at BSE, NSE and MCX for detail report.
Investors can contact Monarch Networth Customer Care for free on any trading-related issues. The dedicated dealer support is also free.
You can mail them to info@mnclgroup.com. You can also try reaching out to this number for call 022-43211800, 079-26666500.
Monarch Networth Capital Brokerage Charge
Monarch Networth charges a fixed fee of 0.01% for each trade. This means the cost does not depend on how many shares you trade.
|
Segment |
Trading (%) |
Delivery (%) |
Minimum in (paisa) |
Option in (Rs). |
|---|---|---|---|---|
|
Equities |
0.01 |
0.15 |
0.02 |
- |
|
Futures & Options |
0.02 |
0.15 |
0.02 |
15 |
|
Currency |
0.01 |
- |
0.02 |
15 |
|
Commodity |
0.01 |
0.1 |
0.02 |
15 |
MNCL offers share and stock broking, merchant banking, mutual fund distribution, and portfolio management services.
Monarch Networth Capital is an Indian financial services company focusing on stock broking, merchant banking, and mutual fund distribution. It provides services like equity trading, derivatives, commodities, insurance, and wealth management for retail and institutional clients, acting as a comprehensive provider for Indian investors.
Monarch Networth Capital Limited provides financial services in pure stock broking, primary market operations, mutual funds, insurance and financial planning. It is a strategic amalgamation of two financial service providers Monarch Group of Companies and Networth Stock Broking Ltd. MNCL was founded in 1993 and is based in Ahmedabad, Gujarat.
The Company offers commodity, currency, stock brokerage, mutual fund distribution, depository, investment advisory, business restructuring, debt syndication, online trading, and other financial services. MNCL serves clients in India.
Zerodha is a discount broker, primarily focusing on providing a cost-effective trading platform with lower brokerage fees for executing trades. This makes it an appealing option for cost-conscious investors and traders who prefer to manage their investments without additional financial advisory services.
On the other hand, Monarch Networth Capital operates as a full-service broker. Full-service brokers typically charge higher brokerage fees than discount brokers, but they offer a comprehensive range of services. These include personalised investment advice, detailed market research, financial planning, and asset management services. This makes full-service brokers suitable for investors who value expert guidance and support in their investment decisions.
Overall, the choice between a discount broker like Zerodha and a full-service broker like Monarch Networth Capital depends on an investor's individual needs, preferences, and level of engagement in managing their investments.
The old name of Monarch Networth Capital was Networth Stock Broking Limited.
Monarch Networth Capital originally started as "Networth Finance Limited" and then changed its name to "Networth Stock Broking Limited" before finally adopting "Monarch Networth Capital Limited.
Incorporated in 1993, Monarch Networth Capital Limited (MNCL) is a financial services company in India that offers various services, including stock broking, mutual funds, and insurance.
The company offers the following services:
Information on this page was last updated on Thursday, February 22, 2024
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.
Compare brokers side-by-side to choose the right one.
Are you a Monarch Networth Customer?
Motilal Oswal
Open Instant Account (Start Trading Today)