Mandot Securities Review, Brokerage Charges, Demat A/C, Platforms & more

Mandot Securities is one of the leading financial service providers in Central India. They are a SEBI registered Stock Broker (BSE and NSE) and also they are a Depository Participant with CDSL. This broker has a very reputed image in the industry.

Let us have a swift glimpse on the detailed review of Mandot Securities. The review about this firm is below which has every detail of the firm and its work process and the products and the charges

Mandot Securities Ratings & Review by Top10StockBroker

The performance level of Mandot Securities is way beyond satisfaction. They have an average rating of nearly 3.0/5 in every category.

This it self guarantees that this broker is hands on with the current market trends and deals smartly with the investments.

About Mandot Securities

This Private Company was established in the year 2014. Mr. Vimal Mandot is the main person to mould this broking house.

Their headquarter is in Indore, MP.

Mandot Securities is a full service broker with very decent client base & they have been qquite successful in their trading business.

Open Demat Account with Mandot Securities

Mandot Securities Brokerage Charges

Mandot Securities is a very distinguished trader in the business. Their brokerage charges are easy on the pocket and are within the reach. The Brokerage details are here below:

The Mandot Securities charges very nominal brokerage charges as you can get to see in the table. The charges for the equity delivery is only 0.1% which is one of the lowest in the market.

Moreover, it provides a flexible brokerage plan that has a range of brokerage according to the amount of margin money you keep.

Then for the cash segment is within 0.01% to 0.02% and this is same for the other segments of futures as well.

For the options segment, the charges is also quite low at Rs.10 to Rs.20 for the equity and currency options for each lot.

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Mandot Securities Other Charges

Charges to be paid towards STT, SEBI Turnover, Stamp Duty and GST are compulsorily to be made as per the government.

However you will have to pay 0.00299% as the Transaction charge to this Broker.

Mandot Securities Demat Account Opening Fees

The Account Opening Charges with this Broking company is Rs. 299/-. Trading AMC Charges with Mandot Securities is free.

The Demat account annual maintenance charge is Rs.240 per annum only. The Margin Money demanded by them is Rs. 10,000.

Mandot Securities Offers

This broker offers a free Trading account to their investors. They also provide Flexible Brokerage Plans and on occasions keep giving Holiday Offers to their clients.

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How to Open a Demat Account with Mandot Securities?

If you intend to open a Demat Account with Mandot Securities all you have to do is go and visit their nearby branch office or else quickly do an online application.

• Click on the green “Openn Demat Account” button below.
• Fill up the form with your name, mobile no. & city as required in the form. Be sure that they are written accurately.
• Make sure you upload all the documents they require for the KYC process which must include the following –
  • Pan detail
  • ADHAR card
  • Voter id or any other identity proof
  • Address proof
• No sooner all your details and documents have been successfully received by Mandot Securities, the executives will throw a call to you and then the process will be taken forward.
• Once the verification is done you will get the details of login for the account within some hours.

Why Open Mandot Securities Trading Account?

The benefits of trading with Mandot Securities are –

• The stock broker provides Personalized Services to their customers.
• They have a wide range of services under one roof which helps the client to diversify their decisions while making judgments.
• Mandot Securities have a dedicated Research Desk to study the market.
• They provide Techno-friendly system for smooth trading.

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Mandot Securities Products & Services

The lists of Products & Services provided by Mandot Securities are illustrated here below –

Products Offered by Mandot Securities

You can avail the above listed trading and investment products from Mandot Securities to augment your trade. Your search towards a one stop shop for all facilities ends here.

You can escape from this tedious task as you will find all of them under one roof. From equities to the mutual funds you can get all of them under one roof.

Mandot Securities Service Offerings

The above table clearly illustrates the list of services offered by this broker which include Demat Services along with Trading Service which has Intraday Services, IPO Services and Stock Recommendations.

Mandot Securities Research, Advisory and Stock Tips

This Full Service stockbroker offers Research Reports that comprises of free stock tips, top picks, daily market review, IPO reports, monthly and weekly reports, and offline advisory.

They also offer the services of a relationship manager.

Mandot Securities Exposure or Leverage

You can get up to 6 times brokerage on the cash segment that is the intraday segment. For the equity options and currency futures the maximum leverage you can get is up to 4 times.

Then for the equity futures it is up to 3 times and for the rest is up to 2 times and this suggests that the brokerage house have a moderate leverage level compared to the market at present.

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Mandot Securities Trading Platforms

The in depth details about the different types of trading platforms offered by Mandot Securities to its consumers can be figured out from the table here below

Mandot Securities Trading Terminal

The features this platform has are –

• Quick order placement
• SMS alert and Email alerts
• Technical indicators and charts
• Installation is quick and easy
• Lime market updates
• News flash and real time data

Mandot Securities Web-based Platform

This is a browser-based platform which can be used in any popular browsers. The features it includes are –

• Live market
• Technical charts for analysis
• Real time updates and you can set your customized market watch
• Mutual funds units can be purchased

Mandot Securities Mobile Trading App

This is an application for the Android and iOS users which helps them trade if they want. The features are –

• Fast trading – great price capturing
• Market watch in your hand
• Portfolio tracking
• Real time data
• Alerts on SMS and email

Mandot Securities Customer Care

You can avail the following networks of communications from this broking company

You can seek support from this broker in relation to Dedicated Dealer along with both Offline and Online Trading. The company also gives you the facility of writing emails on their customer services email id for any kind of assistance required.

The branches of Mandot Securities are in major parts of the country. They have in all 428 numbers of branches that can be contacted anytime to resolve your doubts.

Mandot Securities Complaints and Feedback

The complaints raised against Mandot Securities are listed down in this table

Only 1 complaint was lodged against Mandot Securities in NSE in the year 2018-19. There were no complaints lodged in BSE.

The percentage of number of grievances is 0% with reverence to its active client base.

Mandot Securities Disadvantages

The various disadvantages of the broking house are –

• No three-in-one account
• Average leverage level provided

Mandot Securities Conclusion

Mandot Securities is involved in providing best results to its clients and building goodwill in the market.

This broking house work towards understanding the needs of the investor and then providing the appropriate financial solution best suited to them with a view to maximize their long term financial gains.

They are white collared group of people who believe that informed decisions are best and therefore ensure to maintain transparency in all their dealings. They have an expert team who possess complete and thorough knowledge about market

Come and uplift your position and stand tall in the market with the team of professionally trained individuals from Mandot Securities.

Open Demat Account with Mandot Securities

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