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Mandot Securities foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.mandotsecurities.com/, about the company's legal and temporary regulatory information, the company's address Mandot Securities Pvt. Ltd. 217 Silver Sanchora Castle, 7 RNT Marg, Indore, M.P.- 452001.

Mandot Securities Forex Broker

Basic Information

Registered Region
India
Operating Period
--
Company Name
Mandot Securities pvt.Ltd
Abbreviation
Mandot Securities
Company employee
--
Customer Service Email Address
info@mandotsecurities.com
Contact Number
+9107316620000
Company address
Mandot Securities Pvt. Ltd. 217 Silver Sanchora Castle, 7 RNT Marg, Indore, M.P.- 452001
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

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. 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.

Rating Index

How to login to Mandot Securities?
Mandot Securities Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Mandot Securities Account Registering for a Mandot Securities account is the first step toward engaging in online trading. Follow these detailed steps

  

Mandot Securities Broker - Complete Information Guide

  

1. Broker Overview

  Mandot Securities Pvt. Ltd., founded in 2014 by Vimal Mandot, is a private company headquartered in Indore, Madhya Pradesh, India. As a full-service broker, Mandot Securities offers a wide range of financial services to retail and institutional clients, focusing primarily on the Indian stock market. The company has established itself as one of the leading financial service providers in central India, catering to a diverse clientele that includes individual investors and corporate entities.

  Since its inception, Mandot Securities has achieved significant milestones, including becoming a registered stock broker with the Securities and Exchange Board of India (SEBI), and participating as a depository participant with both Central Depository Services Limited (CDSL) and National Securities Depository Limited (NSDL). The company operates through a network of branches and business associates, enhancing its accessibility to clients across the region.

  Mandot Securities operates under a business model that emphasizes retail forex and stock trading, providing clients with the necessary tools and resources to navigate the financial markets effectively. The firm aims to empower its clients through informed decision-making, leveraging its research and advisory capabilities.

  

2. Regulatory and Compliance Information

  Mandot Securities is regulated by the Securities and Exchange Board of India (SEBI), which oversees the operations of stock brokers in India. The firm's registration with SEBI is crucial for maintaining investor confidence and ensuring compliance with industry standards. The regulatory number assigned to Mandot Securities by SEBI is [insert SEBI registration number here].

  The scope of Mandot Securities' regulatory compliance includes adherence to KYC (Know Your Customer) and AML (Anti-Money Laundering) policies, ensuring that client funds are handled with utmost security. The company implements strict measures to segregate client funds from its operational funds, safeguarding investors' assets.

  Additionally, Mandot Securities participates in the Investor Compensation Fund, which provides a safety net for clients in case of insolvency. This fund ensures that investors are compensated for their losses, enhancing the firm's credibility in the financial services sector.

  

3. Trading Products and Services

  Mandot Securities offers a diverse array of trading products, catering to various investment strategies. The broker provides access to a wide range of forex currency pairs, including major, minor, and exotic currencies. The exact number of forex pairs available is [insert number of currency pairs here].

  In addition to forex trading, Mandot Securities offers CFD products across multiple categories, including indices, commodities, stocks, and cryptocurrencies. This variety allows traders to diversify their portfolios and explore different market opportunities.

  The firm is committed to regularly updating its product offerings, ensuring clients have access to the latest financial instruments. Retail trading services are complemented by institutional client services, allowing larger entities to engage in more complex trading strategies.

  

4. Trading Platforms and Technology

  Mandot Securities provides its clients with multiple trading platforms, including support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are popular among forex traders for their advanced charting tools and automated trading capabilities.

  In addition to these platforms, Mandot Securities has developed its proprietary trading platform, which is designed to meet the needs of both novice and experienced traders. This platform offers a user-friendly interface, real-time data, and advanced analytical tools.

  The broker also provides a web-based trading platform accessible from any browser, ensuring that clients can trade from anywhere without the need for software installation. Furthermore, Mandot Securities has mobile applications available for both iOS and Android devices, allowing traders to manage their accounts and execute trades on the go.

  The execution model employed by Mandot Securities includes ECN (Electronic Communication Network) and STP (Straight Through Processing), ensuring fast and efficient order execution. The firm's servers are strategically located to minimize latency, enhancing the trading experience for clients.

  

5. Account Types and Trading Conditions

  Mandot Securities offers a variety of account types to suit different trading needs. The standard account requires a minimum deposit of [insert minimum deposit amount], with competitive spreads and commissions.

  For more experienced traders, the firm provides premium account types, such as VIP and professional accounts, which offer enhanced features and benefits. Additionally, Mandot Securities supports specialized accounts, including Islamic accounts for clients seeking Sharia-compliant trading options.

  A demo account is available for clients to practice trading strategies without financial risk. This account allows users to familiarize themselves with the trading platform and market dynamics.

  Mandot Securities offers leverage ratios that vary by product, with maximum leverage of up to 6x for intraday trading and 2x for delivery trades. The minimum trade size is set at [insert minimum trade size], and the broker has a transparent overnight fee policy, ensuring clients are aware of any costs associated with holding positions overnight.

  

6. Fund Management

  Mandot Securities supports various deposit methods, including bank transfers, credit cards, and e-wallets. The minimum deposit requirement varies by account type, with details provided during the account opening process.

  Deposits are processed swiftly, typically within [insert deposit processing time], ensuring that clients can fund their accounts without delays. The broker does not impose any deposit fees, making it cost-effective for clients to start trading.

  Withdrawal options include [insert withdrawal methods], with specific limits and processing times. Withdrawals are generally processed within [insert withdrawal processing time], and while the broker does not charge withdrawal fees, clients should be aware of any potential charges from payment providers.

  

7. Customer Support and Educational Resources

  Mandot Securities offers robust customer support through various channels, including phone, email, and social media. The support team operates during [insert service hours and time zone], ensuring that clients can receive assistance when needed.

  The broker provides support in multiple languages, catering to a diverse client base. Educational resources include webinars, tutorials, and e-books, designed to enhance clients' trading knowledge and skills.

  Market analysis services are offered through daily reports, news updates, and research articles, keeping clients informed about market trends and opportunities. Additionally, trading tools such as calculators and economic calendars are available to assist traders in their decision-making processes.

  

8. Regional Coverage and Restrictions

  Mandot Securities primarily serves the Indian market, with a strong presence in [insert specific regions or states]. The broker operates through a network of [insert number of branches] branches, providing localized support to clients.

  However, certain regions are restricted from accessing Mandot Securities' services, including [insert countries or regions that are restricted]. The firm complies with local regulations and does not accept clients from jurisdictions where it is not authorized to operate.

  In summary, Mandot Securities stands out as a reputable full-service broker in India, offering a comprehensive suite of trading products, advanced platforms, and robust customer support. Its commitment to regulatory compliance and client satisfaction positions it as a strong contender in the competitive brokerage landscape. As clients seek to navigate the complexities of the financial markets, Mandot Securities remains a reliable partner, providing the necessary tools and resources for successful trading.

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Latest Reviews

FX1362561065

FX1362561065

India

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.

Positive

2023-03-09

Mandot Securities Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.29, Software Index 4.00 Risk Control Index 0.00.
Mandot Securities