Upstox vs Mandot Securities – Compare Charges, Trading Features, Offers & more

Find a Comparison of Upstox vs Mandot Securities here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Upstox and Mandot Securities.

Background

Year of Incorporation 2010 2014
Website https://upstox.com/ https://www.mandotsecurities.com/
Phone 022-41792999 0731-6620000
Exchanges enabled NSE, BSE & MCX BSE, NSE, MCX
Demat (NSDL/CDSL) CDSL CDSL
Brokerage

Equity Rs 20 or 0.05% on Intraday & Rs 20 or 2.5% on Delivery 0.1% – 0.2% for Delivery & 0.01% – 0.02% for Intraday
Equity Futures Rs 20 or 0.05% per executed order 0.01% – 0.02%
Equity Options Rs 20 or 0.05% per executed order Rs.10 – Rs. 20 per Lot
Currency Futures Rs 20 or 0.05% per executed order 0.01% – 0.02%
Currency Options Rs. 20 per lot Rs.10 – Rs. 20 per Lot
Commodity Rs 20 per executed order Not Available
Account Opening Costs

Trading only Free Rs. 299
Trading & Demat Zero Rs. 299
Commodity Zero Not Available
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.0035% on Turnover 0.0002% of Total Turnover
Futures 0.0021% on Turnover 0.0020% of Total Turnover
Options 0.059% on Premium Turnover 0.0012% of Total Turnover
Commodities 0.0036% on Turnover Not Available
AMC charge Zero Rs 240 per Annum
DP Transaction Charge Rs 18.5 per debit transaction Zero
Offline order placing Charge Rs 25 per order placed on the phone Nil
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 22 days 7 Days
End of Day 10 years 5 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 5x on Intraday and Upto 1x on Delivery Upto 2x for Delivery & Upto 6x for Intraday
Equity Futures Upto 4x for intraday Upto 3x
Equity Options Buying no leverage, shorting upto 4x for intraday Upto 4x
Currency Futures Upto 4x for intraday Upto 4x
Currency Options Buying no leverage, shorting upto 4x for intraday Upto 3x
Commodity Upto 3x for intraday Not Available
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 0 Rs 60.42 Lakhs
Profit after Tax FY12/13 0 Rs 62.67 Lakhs
Profit after Tax FY13/14 0 Rs 65.29 Lakhs
Profit after Tax FY 14/15 0 Rs 67.58 Lakhs
Profit after Tax FY 15/16 0 Rs 69.93 Lakhs
Profit after Tax FY 16/17 0 Rs 72.45 Lakhs
Profit after Tax FY 17/18 0 Rs 75.60 Lakhs
Profit after Tax FY 18/19 0 Rs 77.81 Lakhs
Profit after Tax FY 19/20 0 Rs 82.47 Lakhs
Profit after Tax FY 20/21 0 Rs 79.63 Lakhs
Profit after Tax FY 21/22 0 Rs 82.62 Lakhs
Profit after Tax FY 22/23 Rs 25 Crores Rs 85.38 Lakhs
Debt FY11/12 0 Rs 10.27 Lakhs
Debt FY12/13 0 Rs 12.42 Lakhs
Debt FY13/14 Rs 15.38 Crores Rs 12.55 Lakhs
Debt FY14/15 Rs 25.77 Crores Rs 13.72 Lakhs
Debt FY15/16 Rs 52.13 Crores Rs 15.75 Lakhs
Debt FY16/17 Rs 108.44 Crores Rs 18.31 Lakhs
Debt FY17/18 Rs 112.87 Crores Rs 19.24 Lakhs
Debt FY18/19 Rs 143.11 Crores Rs 22.68 Lakhs
Debt FY19/20 Rs 193.56 Crores Rs 25.82 Lakhs
Debt FY20/21 Rs 283.91 Crores Rs 28.33 Lakhs
Debt FY21/22 Rs 374.18 Crores Rs 32.29 Lakhs
Debt FY22/23 Rs 439.40 Crores Rs 32.72 Lakhs
Profit to Equity(%) FY11/12 0 10.21%
Profit to Equity(%) FY12/13 0 12.24%
Profit to Equity(%) FY13/14 0 10.88%
Profit to Equity(%) FY14/15 0 12.35%
Profit to Equity(%) FY15/16 0 14.69%
Profit to Equity(%) FY16/17 0 14.75%
Profit to Equity(%) FY17/18 0 15.98%
Profit to Equity(%) FY18/19 1.99% 16.45%
Profit to Equity(%) FY19/20 6.54% 17.21%
Profit to Equity(%) FY20/21 8.01% 18.12%
Profit to Equity(%) FY21/22 10.58% 18.78%
Profit to Equity(%) FY22/23 11.15% 16.19%
Balance Sheet Size FY11/12 Rs 2316.23 Crores Rs 349.37 Crores
Balance Sheet Size FY12/13 Rs 2825.10 Crores Rs 388.74 Crores
Balance Sheet Size FY13/14 Rs 3532.97 Crores Rs 400.07 Crores
Balance Sheet Size FY14/15 Rs 4248.78 Crores Rs 442.54 Crores
Balance Sheet Size FY15/16 Rs 4349.94 Crores Rs 499.85 Crores
Balance Sheet Size FY16/17 Rs 4550.25 Crores Rs 529.37 Crores
Balance Sheet Size FY17/18 Rs 4858.87 Crores Rs 549.66 Crores
Balance Sheet Size FY18/19 Rs 5163.55 Crores Rs 567.25 Crores
Balance Sheet Size FY19/20 Rs 5375.90 Crores Rs 588.48 Crores
Balance Sheet Size FY20/21 Rs 5889.52 Crores Rs 649.37 Crores
Balance Sheet Size FY21/22 Rs 6005.55 Crores Rs 668.11 Crores
Balance Sheet Size FY22/23 Rs 6316.10 Crores Rs 692.36 Crores

Comparison Link:

Compare Upstox Compare Mandot Securities
Upstox Vs Punch Trade Mandot Securities Vs Punch Trade
Upstox Vs BlinkX Mandot Securities Vs BlinkX
Upstox Vs Lemonn Mandot Securities Vs Lemonn
Upstox Vs HDFC Sky Mandot Securities Vs HDFC Sky
Upstox Vs Dhan Mandot Securities Vs Dhan
Upstox Vs Goodwill Wealth Mandot Securities Vs Goodwill Wealth
Upstox Vs Shoonya by Finvasia Mandot Securities Vs Shoonya by Finvasia
Upstox Vs NJ Wealth Mandot Securities Vs NJ Wealth
Upstox Vs Paytm Money Mandot Securities Vs Paytm Money
Upstox Vs Globe Capital Mandot Securities Vs Globe Capital
Upstox Vs Cholamandalam Securities Mandot Securities Vs Cholamandalam Securities
Upstox Vs Canara Bank Mandot Securities Vs Canara Bank
Upstox Vs Axis Direct Mandot Securities Vs Axis Direct
Upstox Vs Alice Blue Mandot Securities Vs Alice Blue
Upstox Vs 5Paisa Mandot Securities Vs 5Paisa
Upstox Vs M.stock Mandot Securities Vs M.stock
Upstox Vs WisdomCapital Mandot Securities Vs WisdomCapital
Upstox Vs Way2wealth Mandot Securities Vs Way2wealth
Upstox Vs Ventura Securities Mandot Securities Vs Ventura Securities
Upstox Vs Navia Markets Ltd Mandot Securities Vs Navia Markets Ltd
Upstox Vs Tradejini Mandot Securities Vs Tradejini
Upstox Vs Tata Securities Mandot Securities Vs Tata Securities
Upstox Vs Swastika Investmart Mandot Securities Vs Swastika Investmart
Upstox Vs SMC Global Mandot Securities Vs SMC Global
Upstox Vs SBICAP Securities Mandot Securities Vs SBICAP Securities
Upstox Vs SASOnline Mandot Securities Vs SASOnline
Upstox Vs Samco securities Mandot Securities Vs Samco securities
Upstox Vs RK Global Mandot Securities Vs RK Global
Upstox Vs Reliance Securities Mandot Securities Vs Reliance Securities
Upstox Vs Nirmal Bang Mandot Securities Vs Nirmal Bang
Upstox Vs Master Trust Capital Mandot Securities Vs Master Trust Capital
Upstox Vs Kotak Securities Mandot Securities Vs Kotak Securities
Upstox Vs Interactive Brokers Mandot Securities Vs Interactive Brokers
Upstox Vs IIFL Securities Mandot Securities Vs IIFL Securities
Upstox Vs Dhani Mandot Securities Vs Dhani
Upstox Vs IDBI Capital Mandot Securities Vs IDBI Capital
Upstox Vs HDFC Securities Mandot Securities Vs HDFC Securities
Upstox Vs Geojit Mandot Securities Vs Geojit
Upstox Vs Fyers Securities Mandot Securities Vs Fyers Securities
Upstox Vs Edelweiss Capital Mandot Securities Vs Edelweiss Capital
Upstox Vs Easytradez Mandot Securities Vs Easytradez
Upstox Vs Rupeezy Mandot Securities Vs Rupeezy
Upstox Vs Anand Rathi Mandot Securities Vs Anand Rathi
Upstox Vs Aditya Birla Money Mandot Securities Vs Aditya Birla Money
Upstox Vs Achiievers Mandot Securities Vs Achiievers
Upstox Vs Angel One Mandot Securities Vs Angel One
Upstox Vs Motilal Oswal Mandot Securities Vs Motilal Oswal
Upstox Vs ICICI Direct Mandot Securities Vs ICICI Direct
Upstox Vs Sharekhan Mandot Securities Vs Sharekhan
Upstox Vs Groww Mandot Securities Vs Groww
Upstox Vs Tradesmart Online Mandot Securities Vs Tradesmart Online
Upstox Vs Zerodha Mandot Securities Vs Zerodha

Frequently Asked Questions

Which is better, Upstox or Mandot Securities?

Upstox Securities and Mandot Securities are both discount broker companies. Thus, to determine which is a better stockbroker, we need to examine details such as brokerage charges, account opening fees, trading platforms, and more.

Do Upstox and Mandot Securities offer mobile trading apps?

Yes, both Upstox Securities and Mandot Securities provide mobile trading apps for better user interface and seamless trading experience.

What are the account opening charges for Mandot Securities and Upstox?

The account opening charges by brokers Upstox and Mandot Securities for both trading and demat are zero. Charges may vary, kindly read the above comparison.

Which broker has a better reputation for reliability?

Both Upstox and Mandot Securities are SEBI-registered brokers with good reputations. Upstox is known for its trading platforms, while Mandot Securities is praised for cost-effective pricing.

Do both brokers provide margin trading facilities?

Yes, both Upstox and Mandot Securities offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.