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

Find a Comparison of Zerodha 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 Zerodha and Mandot Securities.

Background

Year of Incorporation 2010 2014
Website https://zerodha.com https://www.mandotsecurities.com/
Phone 080-4718-1888 0731-6620000
Exchanges enabled NSE, BSE, MCX-SX & MCX BSE, NSE, MCX
Demat (NSDL/CDSL) CDSL CDSL
Brokerage

Equity Rs 0 on Delivery & Rs 20 on Intraday 0.1% – 0.2% for Delivery & 0.01% – 0.02% for Intraday
Equity Futures Rs 20 or 0.03% (whichever is lower) per executed order 0.01% – 0.02%
Equity Options Rs 20 per order Rs.10 – Rs. 20 per Lot
Currency Futures Rs 20 or 0.03% (whichever is lower) per executed order 0.01% – 0.02%
Currency Options Rs 20 per order Rs.10 – Rs. 20 per Lot
Commodity Rs 20 per order Not Available
Account Opening Costs

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

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

Equity 0.00325% on Turnover 0.0002% of Total Turnover
Futures 0.0021% on Contract Turnover 0.0020% of Total Turnover
Options 0.053% on Premium Turnover 0.0012% of Total Turnover
Commodities 0.0031% on Contract turnover Not Available
AMC charge Rs 300/year Rs 240 per Annum
DP Transaction Charge Rs 13 per debit instruction Zero
Offline order placing Charge Rs 20 per executed order Nil
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 365 days on Zerodha Pi 7 Days
End of Day 10 years on Zerodha Pi 5 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 20x intraday Upto 2x for Delivery & Upto 6x for Intraday
Equity Futures Upto 7x intraday leverage Upto 3x
Equity Options Buying no leverage, Shorting upto 7x leverage intrdaday Upto 4x
Currency Futures 2x intraday leverage Upto 4x
Currency Options Buying no leverage, Shorting upto 2x intraday leverage Upto 3x
Commodity 2.5x intraday leverage 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 Rs 2.4 Crores Rs 60.42 Lakhs
Profit after Tax FY12/13 Rs 5.8 Crores Rs 62.67 Lakhs
Profit after Tax FY13/14 Rs 10.27 Crores Rs 65.29 Lakhs
Profit after Tax FY 14/15 Rs 10.58 Crores Rs 67.58 Lakhs
Profit after Tax FY 15/16 Rs 10.99 Crores Rs 69.93 Lakhs
Profit after Tax FY 16/17 Rs 11.02 Crores Rs 72.45 Lakhs
Profit after Tax FY 17/18 Rs 11.36 Crores Rs 75.60 Lakhs
Profit after Tax FY 18/19 Rs 11.75 Crores Rs 77.81 Lakhs
Profit after Tax FY 19/20 Rs 11.98 Crores Rs 82.47 Lakhs
Profit after Tax FY 20/21 Rs 12.13 Crores Rs 79.63 Lakhs
Profit after Tax FY 21/22 Rs 12.38 Crores Rs 82.62 Lakhs
Profit after Tax FY 22/23 Rs 12.87 Crores Rs 85.38 Lakhs
Debt FY11/12 0 Rs 10.27 Lakhs
Debt FY12/13 0 Rs 12.42 Lakhs
Debt FY13/14 0 Rs 12.55 Lakhs
Debt FY14/15 Rs 4.45 Crores Rs 13.72 Lakhs
Debt FY15/16 Rs 4.88 Crores Rs 15.75 Lakhs
Debt FY16/17 Rs 5.22 Crores Rs 18.31 Lakhs
Debt FY17/18 Rs 5.68 Crores Rs 19.24 Lakhs
Debt FY18/19 Rs 6.25 Crores Rs 22.68 Lakhs
Debt FY19/20 Rs 5.87 Crores Rs 25.82 Lakhs
Debt FY20/21 Rs 6.11 Crores Rs 28.33 Lakhs
Debt FY21/22 Rs 6.47 Crores Rs 32.29 Lakhs
Debt FY22/23 Rs 6.98 Crores Rs 32.72 Lakhs
Profit to Equity(%) FY11/12 19% 10.21%
Profit to Equity(%) FY12/13 24% 12.24%
Profit to Equity(%) FY13/14 21% 10.88%
Profit to Equity(%) FY14/15 21% 12.35%
Profit to Equity(%) FY15/16 23% 14.69%
Profit to Equity(%) FY16/17 26% 14.75%
Profit to Equity(%) FY17/18 28% 15.98%
Profit to Equity(%) FY18/19 29% 16.45%
Profit to Equity(%) FY19/20 33% 17.21%
Profit to Equity(%) FY20/21 36% 18.12%
Profit to Equity(%) FY21/22 38% 18.78%
Profit to Equity(%) FY22/23 39% 16.19%
Balance Sheet Size FY11/12 Rs 25.4 Crores Rs 349.37 Crores
Balance Sheet Size FY12/13 Rs 64.5 Crores Rs 388.74 Crores
Balance Sheet Size FY13/14 Rs 111.1 Crores Rs 400.07 Crores
Balance Sheet Size FY14/15 Rs 112.18 Crores Rs 442.54 Crores
Balance Sheet Size FY15/16 Rs 112.98 Crores Rs 499.85 Crores
Balance Sheet Size FY16/17 Rs 113.44 Crores Rs 529.37 Crores
Balance Sheet Size FY17/18 Rs 114.87 Crores Rs 549.66 Crores
Balance Sheet Size FY18/19 Rs 116.55 Crores Rs 567.25 Crores
Balance Sheet Size FY19/20 Rs 119.22 Crores Rs 588.48 Crores
Balance Sheet Size FY20/21 Rs 120.63 Crores Rs 649.37 Crores
Balance Sheet Size FY21/22 Rs 121.16 Crores Rs 668.11 Crores
Balance Sheet Size FY22/23 Rs 122.10 Crores Rs 692.36 Crores

Comparison Link:

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

Frequently Asked Questions

Is Zerodha better than Mandot Securities ?

Zerodha and Mandot Securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Mandot Securities better than Zerodha ?

Zerodha and Mandot Securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Zerodha cheaper than Mandot Securities ?

Zerodha and Mandot Securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Mandot Securities cheaper than Zerodha ?

Zerodha and Mandot Securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Zerodha vs. Mandot Securities ?

To find out the better of the two stockbrokers Zerodha and Mandot Securities, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.