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Networth Direct FAQs – Demat & Trading Account Related General Questions & Answers

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Networth Direct

Networth Direct, also known as Monarch Networth is a top stockbroker company based in Mumbai, India. The company is a union between Monarch Group of Companies and Networth Stock Broking Ltd.

The company has been one of the most reliable and leading financial services providers for over two decades. Monarch Networth is an ISO certified company that has been scaling new heights.

Networth Direct FAQs

Q1. Is Networth Direct Same as Monarch Networth Capital?

Ans. Yes. Networth Direct is an amalgamation between the Networth Stock Broking Ltd. And Monarch Group of Companies. Monarch Networth head office is located in Mumbai.

Q2. Who Are Overall Directors of Networth Direct?

Ans. Vaibhav Shah is the chairman and managing Director of Monarch Networth Capital Limited. Manju Bafna is the whole-time Director, Shailen Shah is the President of Institutional Desk, and Bankim Shah is the Chief Operation Officer while Ashok Bafna is the Chief Financial Officer at Monarch Networth Capital Limited.

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Q3. Which Services Do Networth Direct Offers?

Ans. Networth Direct offers services for investors to trade in Equity, derivatives, currency, and commodities. In addition, it also houses services on IPO, MF, Bonds, FDs, Life Insurance, Loans and Depository services. The stock brokering services include; Demat account, Trading account, NRI services and many more.

Networth Direct FAQs

Q4 What Memberships has Networth Direct Acquired?

Ans. Networth Direct has acquired membership of NSE, BSE, NSDL, NCDEX, MCX, DGCX, and NMCE. All these memberships have been gained in a span of 10 years, making it a highly valuable company for investors.

Q5. Where Is the Registered Address Of Networth Direct?

Ans. Networth Direct has a registered address at 901/902, 9th Floor, Atlanta Centre, Sonawala Lane, Opp, Udyog Bhavan, Goregaon East, Mumbai – 400 063

Q6. What Is the Networth Direct Account Opening Fees?

Ans. Trading account opening = Rs.0. Demat Account Opening = Rs.150. Opening a Commodity Account = Rs.0

Q7. Is Networth Capital Located Across India?

Ans. Yes. Monarch Networth has about 71 branch offices across India. In addition to this, it has over 642 highly skilled and experienced professionals and support teams to help investors and customers. Networth Direct also has over 376 business associates as well as over 247,900 registered clients.

Also Read: Monarch Brokerage Calculator Online

Q8. Which Major Areas Is Networth Direct Active In?

Ans. Networth Direct is active in Equity and derivatives, currency derivatives, commodities, Mutual funds, bonds, IPOs and many more.

Q9. Can I Trust Networth Direct for Brokerage?

Ans. Yes, Networth Direct is ISO certified; ISO 9001:2000 Certified Software Division. In addition, Networth Direct has won CNBC-TV18’s Financial Adviser Awards 2008 for the Best Regional Level Financial Adviser.

Q10. Who Can Trade with Networth Direct?

Ans. Anyone can trade with Networth Direct regardless of their geographical location or current financial status.

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Q11. Can I Get Trading Training from Networth Direct?

Ans. Yes. There is training on how to trade on Monarch Networth. This is made possible through resources available on the website. In addition to this, the team of over 600 employees ensures that clients have fully understood about trading in the platform.

Q12. Can Networth Direct Help Me in My Investments?

Ans. Yes. Networth Direct is a great company for you to invest in. It has a great trackback record on being the best stock brokerage and financial services provider in India and worldwide.

Q13. Is the Investment with Networth Direct Secure?

Ans. Definitely! With Networth Direct, your investment is 100% secure. The company is trusted by thousands of clients all over the world.

Also Read: Networth Direct Brokerage Calculator Online

Q14. How Do I Trade or Invest with Networth Direct?

Ans. Networth Direct offers an intensive guide and online training about how to trade or invest with Networth Direct. Download the latest Networth capital trading guide.

Q15. Is Networth Direct Incorporated?

Yes. Networth Direct was incorporated in the year 1994.

Q16. In What Ways Can I Trade with Networth Direct?

Ans. The full-service stock broker offers a variety of in-house trading solutions to clients. This includes MNCL Mobile, N-Easy and N Swift.

Q17. Am I Allowed to Open NRI Account Or Not?

Ans. All clients are allowed to open the NRI account simplifying trading and transacting with Monarch Networth.

Q18. Why Choose Networth Direct For my Trading Needs?

Ans. Networth Direct offers a wide range of investment products and effective trading options. In addition to this, it takes care of its customers through the free call-trade option, great customer support and in-depth guides and resources on how to trade.

Also Read: Networth Direct Margin Calculator Online

Q19. Are Networth Direct Branches Available in My Nearest City?

Ans. Networth Direct is available in more than 221 cities and over 20 states across India. This is through business associates as well as branches. Contact Networth Direct to guide you to the nearest office or branch.

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Q20. Can Networth Direct Offer Access To NSE, MCX, BSE, and NCDEX?

Ans. Yes. Networth Direct has gained membership for all of these and therefore making them accessible to clients.

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Q21. Is It A Must to Visit Physical Location of Networth Direct To Trade?

Ans. It is not a must to visit physical location of Networth Direct to trade, you can directly reach out to Networth Direct though their dedicated trading line on 18001 027 912.

Q22. Is A Must to Be Indian Resident to Trade With Networth Direct?

Ans. No, Networth Direct trading services are open to clients all over the world through web and mobile applications platforms.

Q23. In What Language Do Networth Direct Operate?

Ans. The base language at Networth Direct is English however; you can get in touch with support team for assistance regardless of the language you speak.

Q24. How Do I Register with Networth Direct?

Ans. Registering with Networth Direct is simple. Just visit their website at https://mnclgroup.com and create an account. Contact their support team on 022-30641600/ 079-26666500 / 1800 22 0223 for assistance.

Q25. How Do I Contact Networth Direct?

Ans. Networth Direct provide several contact methods for clients. The trading hotline is 1 8001 027 912 other contact lines include; 022-30641600/ 079-26666500 / 1800 22 0223. You can also send an email at [email protected]

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