Mandot Securities Sub Broker / Franchise / Authorised Person / Partner Review

Mandot Securities is a key player in the stock market with hundreds of Mandot Securities Sub Brokers working under them across India.

Top Business Model Sub Broker
Revenue Sharing 60% – 80%
Security Deposit Rs.50,000 – Rs.100,000
Become Sub Broker in 30 Days
Receive Payout in 35 Days
Founder Vimal Mandot
Established Year 2014

Mandot Securities is a fully-fledged Indore stock broker. There are not many branches because it is new in the market. Make sure to bargain transaction fees, apart from the brokerage user pay.

In the remainder of the full review, we will discuss the key aspects that can help users decide whether or not to go forward with Mandot.

Mandot Securities offers

Mandot Securities Franchise – Customer Ratings

Find the below table to know the Customer Ratings of Mandot Securities Sub Broker:

Experience 2.5/5
Services 2.4/5
Products 2.2/5
Trading Platforms 2.6/5
Support 2.4/5
Revenue Sharing Model 2.1/5
Security Deposit 2.2/5
Offers 2.4/5
Market Share 2.3/5
Overall Ratings 2.3/5
Star Ratings ★★★☆☆

Mandot Securities is risky with all other ratings being awarded; the overall company rating is approximately 2.3 out of 5 points. Mandot Securities is low-rated by its customers.

They provide an online trading platform and research. There are areas that can be improved by enhancing services like products, revenue sharing models, and security deposits. They are popular for their trading Platforms and customer experience.

Overview of Mandot Securities Franchise / Sub Broker

Details about Mandot Securities Franchise is given in the below table:

Company Type Private
Broker type Full Service Broker
Headquarters Indore, Madhya Pradesh
Founder Vimal Mandot
Established Year 2014
SB Code Activation Time 30 Days
Payout Time 35 Days

Mandot Securities Sub BrokerMandot Securities is a full-service broker private firm. It is established by Vimal Mandot in the year 2014. In this field, it is a new company. The company is centrally located in Indore, Madhya Pradesh as its headquarters.

The investor should be aware of the fee, prefers to go it alone and can choose to have a discount or online booking. They provide free tools for research and education to help the user to make better decisions about investment.

Mandot share takes 30 Days for SB Code Activation and 35 Days for Payout Time.

Become a Sub Broker with Mandot Securities – Just Fill up the form

    Become a Sub Broker
    1. Become Sub Broker

    Compare Sub Broker Franchise


    Mandot Securities Sub Broker – Business Models

    Find below table for details:

    Master Franchise No
    Sub Broker Yes
    Remisier Yes
    Referral Program No

    Mandot Securities Sub Brokership

    A Sub Broker is a franchise house that takes Mandot Securities’ parent company’s stock broking franchise. Mandot Securities offers stock tips to Sub Broker to help them.

    The responsibility is mutually agreed upon by signing the broker-sub broker and client triangular agreement. This makes the process much transparent or legally correct.

    Mandot Securities Remisier

    Remisier is more a seller than a dealer because its revenue is dependent on sales. A Remisier is a self-employed brokerage agent whose revenue is solely determined by commissions from the transactions that he performs for customers.

    Mandot Securities Sub Broker Commission / Revenue Sharing

    Find below table to know Mandot Securities Securities Franchise Commission Models and Revenue Sharing Models:

    Master Franchise NA
    Sub Broker 60% – 80%
    Remisier 15%
    Referral Program NA

    The brokerage commission is the cash user agrees to pay for suggesting and selling the investment to Mandot Securities. Franchise gets remunerated for the number of trades clients executes.

    • Sub Broker shares a range of 60% to 80% as commission to Mandot securities depends on the client base.
    • Remisier’s revenue sharing is 15% as commission.

    Check out Revenue Sharing of other Sub Brokers

    Shriram Insight Sub Broker Ventura Securities Sub Broker IDBI Direct Sub Broker
    Tradebulls Sub Broker Zerodha Sub Broker Inventure Growth Sub Broker
    Upstox Sub Broker Swastika Investment Sub Broker Intime Equities Sub Broker

    Mandot Securities Franchise Cost / Security Deposit

    The below Tables gives a good understanding of Mandot Securities Securities Franchise Cost:

    Master Franchise NA
    Sub Broker Rs.50,000 – Rs.100,000
    Remisier Rs.15,000
    Referral Program NA

    It is an upfront deposit in advance for the franchisee contract. In return bring into exercise Mandot Securities trade name, research, service, and trading platform and uses the entire length of time. Security Deposit is a fixed subscription fee with no endpoint.

    • Sub Broker: With a security deposit of 50,000 to Rs. 100,000 a security deposit is required.
    • Remisier: Franchise remisier provides flat Rs .15,000 income sharing commission.

    Here are Security Deposit info of other Stock Broking Franchise

    Integrated Enterprises Sub Broker Just Trade Sub Broker Narnolia Sub Broker
    Jainam Share Consultants Sub Broker LKP Securities Sub Broker Sushil Finance Sub Broker
    Jhaveri Securities Sub Broker Monarch Networth Sub Broker

    Mandot Securities Partner Infrastructure Requirement

    Check the table to know Mandot Securities Partner Infrastructure Requirement:

    Office Area Minimum 125 Sq Ft
    Employee Strength Not Mandatory
    Research Services No
    Internet Connection No
    Trading Terminals No
    Telephone Lines Yes

    The infrastructure requirements for Mandot Securities Franchise are described below.

    • The Office area is required to be at least 125 sq ft and nothing smaller than that is not allowed.
    • Employees in office premises are not essential.
    • Internet Connection is not mandatory to provide on premises.
    • The terminal is not mandatory to buy required to provide if necessitated.
    • Technical and fundamental research with daily calls is not necessary to provide.
    • Providing Telephone Lines in office premises is necessary to balance back-office and service in the office.

    Mandot Securities Sub Broker Offers

    Find below various Mandot Securities Capital Share Sub Broker Offers:

    Zero Deposit Yes
    10k Initial Deposit Yes
    Flexible Revenue Sharing Yes
    Flat Revenue Sharing No
    Zero Revenue Sharing with Prepaid Yes

    There are different offers for Mandot Securities franchisee is available as follows–

    • Mandot Securities Securities sub-brokers are offered a zero deposit.
    • An initial Rs. 10,000 deposit is deemed necessary.
    • Allocate flexible revenue to the Sub Broker.
    • The broker cannot share a flat income sharing.
    • Mandot Securities Securities permit zero revenue sharing with prepaid

    Check out other companies Sub Broker Offers

    SKI Capital Sub Broker Parasram Holdings Sub Broker Alankit Assignments Sub Broker
    Sykes & Ray Sub Broker A C Agarwal Share Sub Broker Arihant Capital Sub Broker
    RK Global Sub Broker Achiievers Equities Sub Broker B N Rathi Sub Broker

    Mandot Securities Franchise Support

    The below table consist of various support provided by the Mandot Securities Authorised Person program:

    Marketing Support No
    Back-Office Support Yes
    Trading Support No
    Advisory Support No
    Dealing Training Yes
    Acquisition Training No
    Product Training No
    • Mandot Securities Securities support to franchisees by providing a successful brand and engaging customers.
    • Mandot Securities Securities supplies back-office support.
    • Provide essential training such as handling, procurement training, and product training.
    • Mandot offers several options on the web, mobile, and desktop to the franchise for software trading in all its applications.
    • Dealing Training is provided by Mandot Securities

    Mandot Securities Authorised Person – Brokerage Charges to Clients

    The table gives proper information of Mandot Securities Brokerage charges levied to its Franchise Clients:

    Equity Delivery 0.1% – 0.2%
    Equity Intraday 0.01% – 0.02%
    Equity Futures 0.01% – 0.02%
    Equity Options Rs.10 – Rs.20 per Lot
    Currency Futures 0.01% – 0.02%
    Currency Options Rs.10 – Rs.20 per Lot
    Commodity NA
    • Brokerage charge for equity delivery is 1% – 0.2%
    • Intraday equity brokerage transactions are 01% – 0.02% for each side of trading.
    • The future equity stock brokerage fee for both sides is 01% – 0.02%.
    • Brokerage charge for equity future is 0.02% – 0.04% for trading both sides.
    • Equity options trading brokerage is Rs. 10 – Rs. 20 per Lot per contract.
    • Currency future brokerage charge is 0.01% – 0.02%.
    • Currency options brokerage is Rs. 10 – Rs. 20 per Lot.

    Mandot Securities Partner – Account Opening Charges to Clients

    The table gives proper information on Mandot Securities Account opening charges levied to its Franchise Clients:

    Demat AMC Rs.240 per Annum
    Trading AMC Free
    Account Opening Charges Rs.299
    Transaction Charges 0.00299%
    Margin Money Minimum Rs.10,000

    Mandot Securities Securities charge relatively high transaction charges in contrast to industry standards. The Mandot Securities Share Demat Account opening charge is Rs. 240 for clients per year.

    • The trading account maintenance charge is free.
    • Mandot Securities Securities Charges for account opening is Rs. 299.
    • The transaction charges are 0.00299%
    • The minimum margin money that the client has to maintain in demat account for trading is Rs. 10,000.

    Benefits of Mandot Securities Partner Program

    The Mandot Securities Sub-brokers program is beneficial for the sub-brokers as –

    • Online & Mobile Trading Facility.
    • Fast-up and time – trading techno – a friendly system in the market.
    • Provide investors updated with the latest news, which could influence their market position and portfolio decisions.
    • A number of services are offered to customers in relation to the various aspects of the market. This helps the customer to make his decisions more diversified and judgments made.

    Become a Sub Broker with Mandot Securities – Just Fill up the form

      Become a Sub Broker
      1. Become Sub Broker

      Find detailed review of other Sub Broker Franchise

      Bonanza Portfolio Sub Broker Coimbatore Capital Sub Broker Fyers Sub Broker
      Choice Broking Sub Broker Elite Wealth Sub Broker Globe Capital Sub Broker
      Comfort Securities Sub Broker Eureka Securities Sub Broker IFCI Sub Broker