Networth Direct Stock Trading, Demat, Brokerage and Reviews
Incorporated in 1993, Networth Stock Broking Limited (NSBL) is one of the major stock brokers in India. Networth offers premium financial services and information. NSBL is a member of the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
NSBL provide the retail broking services all over the India, Middle East, Europe and America. NSBL has 156 branches across the India. They are growing exponentially because of their strong support; technology drives operations, research team and network of experts. Online trading is one of the important platform provided by NSDL.
NetworthDirect.com is an advanced, web based platform enables us to provide the entire gamut of financial services, be it Mutual Funds, Insurance, Equity trading, IPOs or even Loans, through one single window. In short, it aims to provides the convenience [one window all products] & consolidation [one statement all investments].
They are:
Members of BSE, NSE, MCX-SX, MCX, NCDEX and DP of CDSL & NSDL.
Winners of CNBC-TV18's Financial Advisor Awards 2008 for Best Regional Level Financial Advisor (Western Region).
Proclaimed amongst the most read research analyst (Team Networth) by Thomson Reuters consistently over a period of time.
A Charter member of Financial Planning Standards Board of India [FPSB]
Online Trading alliance partners with Punjab National Bank (PNB)
Corporate agents of MetLife India Insurance Company Ltd.
Empanelled with all AMCs to distribute Mutual Fund products.
Trade In: BSE and NSE
Networth Direct Rated 3.10 / 5 based on 10 customer reviews
Overall Rating
Fees
Brokerage
Usability
Customer Service
Networth Direct's Trading Platforms
Networth is an online platform packed with products & services. Networthdirect provides clients access to:
e-transact (Website based trading)
This is the platform where customers can trade online in various financial instruments. It is conveniently integrated with multiple payment gateways and depository services to provide a seamless transaction capability. It's a Single Customized Integrated Screen
The screen is customizable with ability to choose specific stocks from specific exchanges [BSE / NSE (Cash / F&O)].
Viewing price fluctuation and trading on multiple exchanges from the same platform with real time streaming quotes.
Live news and top gainers/losers update on the same screen.
3 in 1 consolidation - Integration of client's bank account, trading account and demat account leads to easy, paperless and high speed execution of transactions. No need of physical cheques / transfer instruction slips.
Instant Order/Trade Confirmations - Instant execution of the entire trading transaction, from logging on to the execution and settlement of pay in/payout of funds to order/trade delivery.
Online Portfolio Tracker - Consolidated Portfolio that helps in maintaining & tracking on a real time basis and it gets updated every 5 seconds.
Online Back Office – Enables you to get multiple transactional detailed reports viz. financial statements, net position, settlement bills, delivery reports, transaction statement, contract note etc.
Security - 128-bit encryption to ensure the highest level of safety to protect all online information and SSL Certification for secure transaction web pages.
My Networth
This provides access to your accounts and statements online and with 24X7 availability. You can view your portfolio across all assets and get a consolidated view. My Networth provides multiple transactional detailed reports viz. financial statements, net position, settlement bills, delivery reports, transaction statement, contract note etc. It proves to be a single contact point that connects you, your Relationship Manager and the Head Office. Through 'my networth' investor can keep a track of Networth at all times.
How to open account with Networth Stock Broking Ltd?
There are 3 simple ways to open an account with Networth.
Call at one of the below number and ask to open an account with them. Toll Free No.: 1800-220-223 Other No: 022-30641700 Call & Trade (Toll Free): 1800 3000 0333
Visit one of their nearest branch and you will find representative to help you out: Click on this link http://www.networthdirect.com/Branches/BranchNetwork.aspx to find the branch closest to you.They have 156 branches across the India.
Call & Trade [1800 3000 0333]: A Toll Free No. accessible from any landline or mobile phone in India. As an introductory offer there are no extra charges for availing this service. User can instantly place / modify /cancel orders, and check status of orders which they have placed.
Research-based advice: They generate reports like India Market Report, Pivot Points, Result preview and updates, Company reports, IPO analysis etc to enable investment decisions.
Transparency: Networth provides an audit trail from order placement, to clearing and settlement, and finally ending with a credit into DP account.
Efficient Grievance handling: Client queries and grievance redressal module - Response to all queries within 1hr. If within
36 hrs a client's query is not addressed, an intimation is made to the management. Exclusive set of professionals taking care of client grievances and clients can view the status of their grievances online.
One Statement all Investments: Investments will be mapped into a single account statement. The entire portfolio is mark to market. Now in one statement you can view your entire portfolio and also keep a tab on your Networth.
SMS Updates: Investor will be provided with regular updates on SMS regarding their ledger balance, credit of bonus and dividend and all other trading related details. They also send research tips to advice their investor.
Networth Direct Advantages
Trader can make off-market orders entry even while the market is closed. Orders will be released as soon as the market opens on the following day.
Brokerage rates are negotiable.
No demat account transaction fees.
No annual account maintenance charges for demat and trading account. (Hence your account maintenance charges are NIL compared to India bulls, ICICI Direct, HDFC Securities etc.)
They provide facility to apply online for IPO’s and Mutual Funds.
Useful links about Networth Direct
Website: http://networthdirect.com/
Email: reachus@networthdirect.com
Phone: 022-3064 1700
Toll Free: 1800 22 0223
Call & Trade : 1800 3000 0333 (Toll Free)
SMS: NETWORTH to 56161
(Note: Information Last Updated: 11/25/2012 10:23:00 PM)
35. Sandip Kumar Deo Dec 08, 2012 7:44:56 PM IST | Reply
Good company,i like its call&trade service and networth support i m also a client of NSBL. Suggestion :-brokarage very high than other.
Ratings:
Brokerage - Average Account Maintenance Fees - Average Website Usability - Excellent Customer Service - Excellent Overall Experience - Above Average
34. suman kr chowdhury Nov 27, 2011 10:53:12 PM IST | Reply
Please look the Account opening charge that is 450 Rs when some broking house offer account opening charge free.and in present market condition its abnormal to pay 450 for account opening charge.Nirmal bang,Bma wealth creators,even Indiabulls is thinking to wave the a/c opening charge.
Ratings:
Brokerage - Average Account Maintenance Fees - Very Poor Website Usability - Excellent Customer Service - Average Overall Experience - Excellent
33. Kaushalendra Kumar Nov 29, 2010 7:09:03 PM IST | Reply
I am sorry to inform U that, I am facing a lot of problem with networth. I live in Delhi. I have opened my account last year. but customer service is very poor. my client Id your company Clinet Id No.91690007. My time I call no body pick the phone of your number. Behaviour as like State Government employee. K Kumar New delhi
32. HEMANT KUMAR Oct 30, 2010 8:37:19 PM IST | Reply
DEAR SIRS, YOUR BRANCH OFFICE OF AGRA NOW CLOSED SO IWANT TO CLOSE MY DEMAT A/C MY A/C NO. IS 272233 NAMED HEMANT KUMAR KINDLY SENT AN A/C CLOSING FORM TO MY E-MAIL ID I SHALL BE THANKSFUL TO YOU
31. rajesh Shah Sep 22, 2010 5:44:12 PM IST | Reply
Being a Networth client for last 5 years I must say , I have got good experiance with Networth , the transperancy and cleare business I found with Networth only , I have account with other brokers also but the service level wise I must give 100% marks to Networth.
those who are gone though with any problem send your compalin to Networth customer care team , they will definetly resolve .......... . Ms Shilpa have you tried?
Sir, Recently lots of broking companies have started providing online trading services.Kindly include them and publish details of their brokerage, softwares, demate account charges and related facts. So, that poor and helpless innocent investors are not taken for ride. Now, brokerage have come down to 0.1 and 0.01 for delivery and intraday but they charge from other way. Kindly open a discussion forum for investors so that they could write impartially their vies about these new and old broking companies.
29. Shilapa Bansal Aug 21, 2010 8:16:21 PM IST | Reply
Hi,
I am shilpa Bansal one of the account holder with networth. this is to say that this is my dismay that i am attached with networth. sorry to say but networth is nothing but the cheater and the fraud company.
The broker has opened the account my showing the very good services but after giving money to them they will not even talk and pick ur phone. they have misused my money and have no information of that.
Networth is the next name of fraud and cheating. very much disappointed...............
My apologies in replying late to you. Hope all your queries has been resolved. We hope to have long lasting relationship with Networth Stock Broking Ltd
Happy Trading
Regards, Team Networth
27. P VIJAYA KUMAR Jul 19, 2010 3:30:20 PM IST | Reply
IRRESPOSONSABLE OF THE COMPANY I am sorry to inform U that, I am a client in your company Clinet Id No.470026, i have invested 6.00 lakhs in your account for trading, last month i have asked 2.00 lakhs for my personal work, but till date only 1.65 lakh have been deposited in my account after serveral phone call but not responseded from your compnay, only one single person Mr Ravi Kanth and he has responded to me completed my work (very nice person) but from the head office single person is responding and also not deposting my balance amount in my account. I AM TO INFORM YOU THAT I WILL TAKE BACK MY BALANCE AMOUNT ALSO IMMEDIATELY BECAUSE OF NOT RESPONDING, IRRESPONSIBLE AND NOTHING
I REQUEST YOU TO KINDLY RETURN BACK MY AMOUNT IMMEDIATELY
26. chirag patel Jun 22, 2010 2:11:47 PM IST | Reply
Motilal Oswal has the best trading platform! they have an exa based software which really helps and is so fast. i would recommend you that!
25. suresh Suri May 31, 2010 8:00:25 PM IST | Reply
i have heard Motilal OSwal is a much better platform than any of these?any one has some more info on it?
24. Ninad Wadgane May 31, 2010 1:01:14 PM IST | Reply
Hi Vikas,
Request you to kindly send me your email id or contact number, so that our support excutive will answer all your queries.
The Limit Card Tariffs effective from Jan 01, 2009 are as follows*: How to select Limit card Card Name Value (Rs.) Delivery turnover (Lacs) Margin turnover (Lacs) Validity (days) PR 500 500 2 365 Bi-monthly 1000 10 90 60 Half Yearly 2500 30 270 180 Annual 5000 5000 70 630 365 Brokerage of Rs 15 will be charged per executed order for all clients under limit card module Margin Turnover includes intraday in Cash Segment and F & O segment Unutilized trading limit will be rolled over if a limit card is assigned to you within 6 calender days of expiry of your last card. Assignment will happen only if an order placed by you is executed. Maximum possible roll over is Rs.10 crores turnover limit in intraday trading and Rs.1crore turnover limit for delivery based trading. The roll over benefit is not available for Promotional Scheme PR-500. Service tax , Securties Transaction Tax , Stamp Duty , Turnover charges and other government / statutory levies will be charged as applicable Switching Charge from Limit card module to Percentage brokerage module is Nil
Those who want to open an a/c with any Broker..(Demat ande trading )first of all one should clearly understand the Terms and condition,their Brokerage and Trading platform systems etc..One should get a copy of Brokerage slabs,Terms and conditions is very importent..Please visit required web site or brokerage office to know more.
I would like to open a demat account can you please give me the details of brokarage charges [ delivery,intraday]and minimum amount require to the opening demat account and annual maintance charge for the online and the offline accounts with reference to the Axis Bank. I am hopeful for your replay. With warm regards, Rajiv Sen, Berhampore, WB.
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