Free Trading + Demat Account

Networth Direct Stock Trading, Demat, Brokerage and Reviews 2017


Note: The name of the Company has changed from Networth Stock Broking Limited to Monarch Networth Capital Limited.

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 Rating (by the customers)

13 Votes

Overall Rating Rated 3.5 stars 3.5/5
Fees Rated 2.8 stars 2.8/5
Brokerage Rated 3.1 stars 3.1/5
Usability Rated 3.3 stars 3.3/5
Customer Service Rated 3.3 stars 3.3/5

Do you trade with Networth Direct? Rate Networth Direct

Information about Networth Direct account opening, Networth Direct open account, Networth Direct opening charges, Networth Direct account opening charges, Networth Direct account opening status, Networth Direct amc charges, Networth Direct account charges, Networth Direct account closure

Networth Direct's Trading Platforms

Networth is an online platform packed with products & services. Networthdirect provides clients access to:

  1. 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.

  2. 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.

Find info about Networth Direct platform, Networth Direct trading platform, Networth Direct trading software, Networth Direct trading demo, Networth Direct Demo, Networth Direct download, Networth Direct software download, Networth Direct software, Networth Direct stop loss, Networth Direct trading and Networth Direct trading account.

Networth Direct Special Offers

Sorry no special offers available by Networth Direct at this time.

Visit Exclusive Promotions / Offers from Stock Brokers in India webpage for more offers.

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.
  • Visit one of their nearest branch. They have 156 branches across the India.

Features of Networth

  1. Call & Trade: 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.
  2. 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.
  3. Transparency: Networth provides an audit trail from order placement, to clearing and settlement, and finally ending with a credit into DP account.
  4. 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.
  5. 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.
  6. 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.

Get information about Networth Direct broker, Networth Direct branches, Networth Direct sub broker, Networth Direct support, Networth Direct customer care, Networth Direct user reviews, Networth Direct user manual, Networth Direct website, Networth Direct review and Networth Direct toll free number

Contact Networth Direct / Request Call Back

Name:Phone
EmailCity
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Are you a day trader?

Networth Direct Pros and Cons

Networth Direct Advantages

  1. 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.
  2. Brokerage rates are negotiable.
  3. No demat account transaction fees.
  4. 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.)
  5. They provide facility to apply online for IPO’s and Mutual Funds.

Networth Direct Complaints received at BSE / NSE:

Number of customer complained against Networth Stock Broking Ltd share broker. The Networth Stock Broking Ltd consumer complaints provide the summary of grievance which went to exchange for resolution.

Networth Stock Broking Ltd consumer complaints
Exchange Financial Year Number of Clients * Total Complaints **
BSE 2015-16 14,472 5
NSE 2015-16 30,544 29
BSE 2014-15 8,732 5
NSE 2014-15 12,778 20
BSE 2013-14 113,694 10
NSE 2013-14 11,631 18
BSE 2012-13 111,163 22
NSE 2012-13 93,118 29
BSE 2011-12 89,991 20
NSE 2011-12 90,287 26

* Number of active clients the broker or trading member has. As per SEBI guidelines each broker reports the newly added clients to the exchange though unique client code (ucc) process. The informaiton on this page is provided by the exchange.

** The total number of complaint received against the broker at the given exchange.

Enquiry Form


Networth Stock Broking Ltd Reviews

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44. Ranjika Deb  Aug 16, 2017 5:54:08 PM IST Reply
Kindly close my Demat Account .My Id is 851305.

Kindly send me the procedure and form for the closure process

Rgds
Ranjika
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43. Lalitkumar Rajkotia  Nov 11, 2016 9:44:48 PM IST Reply
Dear sir,
My trading account number 858013 was opened for lifetime free of annual and maintenance charges during your promotion counter at Goregaon east . Despite that your company started levying annual charges without any activity in my trading account. So I sold all my investments and settled the account. Even I met new head of the branch at their And her I office, who agreed charges were levied wrongfully but refused to refund the same. But he promised me in 2011 to stop levying the charges and settled my dues from sale proceeds of investments. Now the only investment is in infrastructure bonds worth Rs.20000.00 only which again qualifies for free Senate and trading account as per government norms. Recently I have started messages to clear due of Rs.916.00. As the investment is having lock in period ,your company could not close my trading and Senate account despite my request.
I once again request you to reverse the charges and see my account opening terms and conditions, as also refund the annual charges applied wrongfully.I have no trading activities after settlement of my dues by your company and stop sending dues pending messages.
Regards,
Lalitkumar Rajkotia
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42. nikhil shah  Mar 19, 2016 7:08:50 PM IST Reply
very rough behaviour from seniors diractors r good but some seniors not respondind positive for sub brockers they dont have manners for small sub brockers
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41. Ganesh p yadav  Feb 25, 2016 4:33:18 PM IST Reply
Your branch and your account officer good language from a new custumer so this openning time language regular remember sir, a custor is a god of your company , i understand some man open fraude account and not demat ac. But all man is not creat same activity ....
Your ac. Opening Rs 149 very simple and atractive is a new customer...
In the last i speake your brokerage plan is brilient ....

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
40. avmkini  Feb 4, 2016 2:56:54 PM IST Reply
all is good

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Excellent
avatar
39. P JAMBUNATHAN  Sep 4, 2015 10:12:08 PM IST Reply
From,
P.JAMBUNATHAN
CLIENT ID: 213076
KARWAR-581306
E.mail : revnath@gmail.co


Sir,

I unable trade either online or offline and i submitted once again my all my details on 31/08/2015 KARWAR BRANCH, Since i am not received any reply from your side. Presently your side customer service is not response properly and customer service is very poor
If you don''t want client please close my dp account and refund my amount
awaiting for your reply

Thanking You
P.JAMBUNATHAN
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38. RAMKUMAR SINGH  Mar 6, 2014 9:59:39 AM IST Reply
sir,i want to close my account my client code is 871058.Kindly send the account closing form to my Email address.
Thanking you.
avatar
37. abhijit shivalkar  Nov 13, 2013 12:46:58 PM IST Reply
Dear sir, I want to close my Demat acount.My acct no is 568010. Kindly send the account closing form to my Email address.
Thanking you.
avatar
36. arindam sarkar  Jun 29, 2013 1:51:21 PM IST Reply
my reqest this time agen invest my networth direct my account-491043 my new email id-491043@gmail.com&my new mobile no-9333221758 so kindly help me,sincerly,arindam sarkar
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35. Sandip Kumar Deo  Dec 8, 2012 6:44:56 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
avatar
34. suman kr chowdhury  Nov 27, 2011 9:53:12 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
avatar
33. Kaushalendra Kumar  Nov 29, 2010 6:09:03 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
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32. HEMANT KUMAR  Oct 30, 2010 7:37:19 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
avatar
31. rajesh Shah  Sep 22, 2010 4:44:12 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?

Best wishes to Networth team

Rajesh
Ahmedabad
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30. B P SINHA  Sep 21, 2010 8:53:15 PM IST Reply
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.
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29. Shilapa Bansal  Aug 21, 2010 7:16:21 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...............
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28. Sameer  Aug 4, 2010 10:09:36 AM IST Reply
Dear Mr. P Vijay Kumar,

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
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27. P VIJAYA KUMAR  Jul 19, 2010 2:30:20 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
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26. chirag patel  Jun 22, 2010 1:11:47 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!
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25. suresh Suri  May 31, 2010 7:00:25 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?

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