Score

1.52 /10
Danger

Mandot Securities

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index7.08

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Mandot Securities · Company summary

General Information

Mandot Securities, a trading name of Mandot Securities Private, Limited, presents itself as a private limited company incorporated in Indore in 2014 and are one of the leading financial service provider in Central India, as well as a SEBI registered Stock Broker (BSE and NSE) and a Depository Participant with CDSL. Mandot Securities claims that it is a full-service broker that provides its clients with online and offline trading in rich products with flexible leverage up to 6 times on its own-designed trading platforms.

Products & Services

Mandot Securities advertises that it offers a diverse range of products and services, including products of equities, equity derivatives, currency derivatives and mutual funds, as well as services of IPO, insurance, Demat services and discount brokerage.

Leverage

Traders holding different trading products can enjoy different maximum leverage ratios. The maximum leverage is up to 6 times for equity intraday, 4 times for equity options and currency futures, 3 times for equity futures and currency options, and 2 times for equity delivery and commodities. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Trading Platform Available

When it comes to trading platforms available,Mandot Securities gives traders three choices: desktop terminal (Windows, Mac), the Web and mobile apps (iOS, Android). Mandot Securities trading terminal features a variety of technical indicators and charts, lime market updates, news flash and real-time data, etc. While with mobile apps, trading can be done from anywhere and at any time through the right mobile terminals.

Trading

Fees

Mandot Securities charges a wide selection of fees. In particular, account opening charges Rs.299; the Demat account annual maintenance charge is Rs.240 annually; the charge for the equity delivery is 0.1%-0.2%; the charge for equity intraday, equity futures and currency futures is within 0.01% to 0.02%; other details can be seen in the below screenshots.

Customer Support

Mandot Securities customer support can be reached by telephone: +07316620014, email: info@mandotsecurities.com or send your contact numbers online to get a callback. Besides, you can also follow this broker on some social media platforms like Twitter, Facebook, LinkedIn and YouTube. Head Office: Mandot Securities Pvt. Ltd. 217 Silver Sanchora Castle, 7 RNT Marg, Indore, M.P.- 452001.

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玥_May
more than one year
Their misuse of information and deceptive practices have made dealing with them a nightmare. They lie and exploit their systems, making it incredibly difficult to trust them. Their refusal to investigate their own identity only adds to the sense of distrust.
Their misuse of information and deceptive practices have made dealing with them a nightmare. They lie and exploit their systems, making it incredibly difficult to trust them. Their refusal to investigate their own identity only adds to the sense of distrust.
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2024-02-28 01:01
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FX1362561065
more than one year
Overall I’m very satisfied with their service. Their resources are easy to understand and help you get the results you want, customer service is always at your disposal, and the platform is easy to use.
Overall I’m very satisfied with their service. Their resources are easy to understand and help you get the results you want, customer service is always at your disposal, and the platform is easy to use.
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2023-03-09 12:30
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