Monarch Demat Account
Monarch
- 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 |
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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 | ![]() |
Allow Mutual Fund Investment ? |
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Digital Contract Notes by Email |
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Available on Platforms | Yes |
Research Reports | Intraday Tips |
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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 |
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NRI Investing and trading |
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IPO Facility |
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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 |
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Monarch Demat Account
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