Monarch Demat Account

Monarch

Monarch MNCL USA Allowed
  • MNCL provides one of the best research reports
  • Accuracy of trading calls is better than most of the other brokers
  • Easy to use online trading app
2 Paisa per 100 Rs
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Some Important Key Points about this Broker:

Broker Monarch
Official Website Link #
Incorporated | Membership Details 1993
Registered Head Office Address Monarch House, Opp. Prahladbhai Patel Garden, Near Ishwar Bhuvan, Commerce Six Road, Navrangpura, Ahmedabad-380009
Supported Exchanges NSE , BSE , MCX
CEO & Founders Vaibhav Shah Managing Director , Manju Bafna Chairman , Bankim Shah Chief Operating Officer
Instant online A/C Opening ? Yes
Annual Maintenance Charge 400
Equity Options Brokerage 10 Rs per Lot
Equity & Future Intraday Brokerage 2 Paisa per 100 Rs
Equity Delivery Brokerage 20 Paisa per 100 Rs
Free Equity Investment No
Allow Mutual Fund Investment ? Yes
Digital Contract Notes by Email Yes
Available on Platforms Yes
Research Reports | Intraday Tips Yes
Stock Market Education Tutotials Basic stock market tutorial , E-courses for fundamental learning , Technical trading webinars , IPO analysis
Daily Online Trades Reports YES
Opening fREE
3-in-1 Account YES
Average Number of Active Clients 500000
Stock Market Yes
NRI Investing and trading Yes
IPO Facility Yes
Overall Score 88/100

Pros

  • MNCL provides one of the best research reports
  • Accuracy of trading calls is better than most of the other brokers
  • Good online trading platform
  • Easy to understand web portal

Cons

  • Annual maintenance charge is on the higher side
Broker INTRADAY BROKERAGE ANNUAL MAINTAINACE CHARGE EQUITY DELIVERY BROKERAGE Review Open Account

Monarch Demat Account

 

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