COMPARE

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

Find a Comparison of Mandot Securities vs ICICI Direct 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 Mandot Securities and ICICI Direct.

Background

Year of Incorporation 2014 2000
Website https://www.mandotsecurities.com/ https://www.icicidirect.com/
Phone 0731-6620000 022 3355 1122
Exchanges enabled BSE, NSE, MCX NSE & BSE
Demat (NSDL/CDSL) CDSL NSDL & CDSL
Brokerage

Equity 0.1% – 0.2% for Delivery & 0.01% – 0.02% for Intraday 0.05% Equity Intraday
Equity Futures 0.01% – 0.02% 0.05% or Rs 50 per Trade
Equity Options Rs.10 – Rs. 20 per Lot 0.05% or Rs 50 per Trade
Currency Futures 0.01% – 0.02% Rs 20 per executed order
Currency Options Rs.10 – Rs. 20 per Lot Rs 20 per executed order
Commodity Not Available Rs 20 per executed order
Account Opening Costs

Trading only Rs. 299 Free
Trading & Demat Rs. 299 Rs 975 for 3 in 1 Account
Commodity Not Available Rs 0
Transparency & other costs

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

Equity 0.0002% of Total Turnover 0.00325% of Turnover
Futures 0.0020% of Total Turnover 0.0019% of Turnover
Options 0.0012% of Total Turnover 0.05% of Turnover
Commodities Not Available 0.05% of Turnover
AMC charge Rs 240 per Annum Rs 700 per Year
DP Transaction Charge Zero Rs 25/Transaction or 0.05% whichever higher
Offline order placing Charge Nil 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 Days 20 Days
End of Day 5 Years 10 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 2x for Delivery & Upto 6x for Intraday Upto 1x on Delivery & Upto 5x on Intraday
Equity Futures Upto 3x Upto 4x
Equity Options Upto 4x Not for buying but upto 2x for shorting
Currency Futures Upto 4x 1x
Currency Options Upto 3x 1x
Commodity Not Available 1x
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 60.42 Lakhs Rs 77.1 Crores
Profit after Tax FY12/13 Rs 62.67 Lakhs Rs 68.2 Crores
Profit after Tax FY13/14 Rs 65.29 Lakhs Rs 74.9 Crores
Profit after Tax FY 14/15 Rs 67.58 Lakhs Rs 79.52 Crores
Profit after Tax FY 15/16 Rs 69.93 Lakhs Rs 96.88 Crores
Profit after Tax FY 16/17 Rs 72.45 Lakhs Rs 132.64 Crores
Profit after Tax FY 17/18 Rs 75.60 Lakhs Rs 100.80 Crores
Profit after Tax FY 18/19 Rs 77.81 Lakhs Rs 134.63 Crores
Profit after Tax FY 19/20 Rs 82.47 Lakhs Rs 123.16 Crores
Profit after Tax FY 20/21 Rs 79.63 Lakhs Rs 85.59 Crores
Profit after Tax FY 21/22 Rs 82.62 Lakhs Rs 105.82 Crores
Profit after Tax FY 22/23 Rs 85.38 Lakhs Rs 115.43 Crores
Debt FY11/12 Rs 10.27 Lakhs Rs 209 Crores
Debt FY12/13 Rs 12.42 Lakhs Rs 219 Crores
Debt FY13/14 Rs 12.55 Lakhs Rs 317 Crores
Debt FY14/15 Rs 13.72 Lakhs Rs 350.83 Crores
Debt FY15/16 Rs 15.75 Lakhs Rs 462.09 Crores
Debt FY16/17 Rs 18.31 Lakhs Rs 335.99 Crores
Debt FY17/18 Rs 19.24 Lakhs Rs 555.66 Crores
Debt FY18/19 Rs 22.68 Lakhs Rs 559.36 Crores
Debt FY19/20 Rs 25.82 Lakhs Rs 389.28 Crores
Debt FY20/21 Rs 28.33 Lakhs Rs 536.48 Crores
Debt FY21/22 Rs 32.29 Lakhs Rs 598.99 Crores
Debt FY22/23 Rs 32.72 Lakhs Rs 582.15 Crores
Profit to Equity(%) FY11/12 10.21% 32%
Profit to Equity(%) FY12/13 12.24% 21%
Profit to Equity(%) FY13/14 10.88% 27.07%
Profit to Equity(%) FY14/15 12.35% 29.22%
Profit to Equity(%) FY15/16 14.69% 30.63%
Profit to Equity(%) FY16/17 14.75% 32.89%
Profit to Equity(%) FY17/18 15.98% 41.55%
Profit to Equity(%) FY18/19 16.45% 40.19%
Profit to Equity(%) FY19/20 17.21% 26.41%
Profit to Equity(%) FY20/21 18.12% 33.02%
Profit to Equity(%) FY21/22 18.78% 41.00%
Profit to Equity(%) FY22/23 16.19% 43.78%
Balance Sheet Size FY11/12 Rs 349.37 Crores Rs 908 Crores
Balance Sheet Size FY12/13 Rs 388.74 Crores Rs 948 Crores
Balance Sheet Size FY13/14 Rs 400.07 Crores Rs 1620 Crores
Balance Sheet Size FY14/15 Rs 442.54 Crores Rs 1857.26 Crores
Balance Sheet Size FY15/16 Rs 499.85 Crores Rs 1903.86 Crores
Balance Sheet Size FY16/17 Rs 529.37 Crores Rs 1983.64 Crores
Balance Sheet Size FY17/18 Rs 549.66 Crores Rs 2222.18 Crores
Balance Sheet Size FY18/19 Rs 567.25 Crores Rs 2350.41 Crores
Balance Sheet Size FY19/20 Rs 588.48 Crores Rs 2470.58 Crores
Balance Sheet Size FY20/21 Rs 649.37 Crores Rs 2747.85 Crores
Balance Sheet Size FY21/22 Rs 668.11 Crores Rs 2921.25 Crores
Balance Sheet Size FY22/23 Rs 692.36 Crores Rs 3061.50 Crores

Comparison Link:

Compare Mandot Securities Compare ICICI Direct
Mandot Securities Vs HDFC Sky ICICI Direct Vs HDFC Sky
Mandot Securities Vs Dhan ICICI Direct Vs Dhan
Mandot Securities Vs Goodwill Wealth ICICI Direct Vs Goodwill Wealth
Mandot Securities Vs Shoonya by Finvasia ICICI Direct Vs Shoonya by Finvasia
Mandot Securities Vs NJ Wealth ICICI Direct Vs NJ Wealth
Mandot Securities Vs Paytm Money ICICI Direct Vs Paytm Money
Mandot Securities Vs Goldmine Stocks ICICI Direct Vs Goldmine Stocks
Mandot Securities Vs Globe Capital ICICI Direct Vs Globe Capital
Mandot Securities Vs Finvasia ICICI Direct Vs Finvasia
Mandot Securities Vs Coimbatore Capital ICICI Direct Vs Coimbatore Capital
Mandot Securities Vs Cholamandalam Securities ICICI Direct Vs Cholamandalam Securities
Mandot Securities Vs Choice Equity Broking ICICI Direct Vs Choice Equity Broking
Mandot Securities Vs Canara Bank ICICI Direct Vs Canara Bank
Mandot Securities Vs Bonanza Portfolio ICICI Direct Vs Bonanza Portfolio
Mandot Securities Vs Bezel Stock Brokers ICICI Direct Vs Bezel Stock Brokers
Mandot Securities Vs Beeline Broking ICICI Direct Vs Beeline Broking
Mandot Securities Vs Bansal Finstock ICICI Direct Vs Bansal Finstock
Mandot Securities Vs Axis Direct ICICI Direct Vs Axis Direct
Mandot Securities Vs ASE Capital Markets ICICI Direct Vs ASE Capital Markets
Mandot Securities Vs Arihant Capital ICICI Direct Vs Arihant Capital
Mandot Securities Vs Alice Blue ICICI Direct Vs Alice Blue
Mandot Securities Vs 5Paisa ICICI Direct Vs 5Paisa
Mandot Securities Vs M.stock ICICI Direct Vs M.stock
Mandot Securities Vs WisdomCapital ICICI Direct Vs WisdomCapital
Mandot Securities Vs Way2wealth ICICI Direct Vs Way2wealth
Mandot Securities Vs Ventura Securities ICICI Direct Vs Ventura Securities
Mandot Securities Vs Navia Markets Ltd ICICI Direct Vs Navia Markets Ltd
Mandot Securities Vs Tradejini ICICI Direct Vs Tradejini
Mandot Securities Vs Tata Securities ICICI Direct Vs Tata Securities
Mandot Securities Vs Swastika Investmart ICICI Direct Vs Swastika Investmart
Mandot Securities Vs SMC Global ICICI Direct Vs SMC Global
Mandot Securities Vs SBICAP Securities ICICI Direct Vs SBICAP Securities
Mandot Securities Vs SASOnline ICICI Direct Vs SASOnline
Mandot Securities Vs Samco securities ICICI Direct Vs Samco securities
Mandot Securities Vs RK Global ICICI Direct Vs RK Global
Mandot Securities Vs Reliance Securities ICICI Direct Vs Reliance Securities
Mandot Securities Vs Nirmal Bang ICICI Direct Vs Nirmal Bang
Mandot Securities Vs Master Trust Capital ICICI Direct Vs Master Trust Capital
Mandot Securities Vs Kotak Securities ICICI Direct Vs Kotak Securities
Mandot Securities Vs Interactive Brokers ICICI Direct Vs Interactive Brokers
Mandot Securities Vs IIFL Securities ICICI Direct Vs IIFL Securities
Mandot Securities Vs Dhani ICICI Direct Vs Dhani
Mandot Securities Vs IDBI Capital ICICI Direct Vs IDBI Capital
Mandot Securities Vs HDFC Securities ICICI Direct Vs HDFC Securities
Mandot Securities Vs Geojit ICICI Direct Vs Geojit
Mandot Securities Vs Fyers Securities ICICI Direct Vs Fyers Securities
Mandot Securities Vs Edelweiss Capital ICICI Direct Vs Edelweiss Capital
Mandot Securities Vs Easytradez ICICI Direct Vs Easytradez
Mandot Securities Vs Rupeezy ICICI Direct Vs Rupeezy
Mandot Securities Vs Anand Rathi ICICI Direct Vs Anand Rathi
Mandot Securities Vs Aditya Birla Money ICICI Direct Vs Aditya Birla Money
Mandot Securities Vs Achiievers ICICI Direct Vs Achiievers
Mandot Securities Vs A C Choksi ICICI Direct Vs A C Choksi
Mandot Securities Vs Angel Broking ICICI Direct Vs Angel Broking
Mandot Securities Vs Motilal Oswal ICICI Direct Vs Motilal Oswal
Mandot Securities Vs Sharekhan ICICI Direct Vs Sharekhan
Mandot Securities Vs Groww ICICI Direct Vs Groww
Mandot Securities Vs Tradesmart Online ICICI Direct Vs Tradesmart Online
Mandot Securities Vs Upstox ICICI Direct Vs Upstox
Mandot Securities Vs Zerodha ICICI Direct Vs Zerodha

Frequently Asked Questions

Is Mandot Securities better than ICICI Direct ?

Mandot Securities and ICICI Direct 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 ICICI Direct better than Mandot Securities ?

Mandot Securities and ICICI Direct 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 cheaper than ICICI Direct ?

Mandot Securities and ICICI Direct 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 ICICI Direct cheaper than Mandot Securities ?

Mandot Securities and ICICI Direct 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 Mandot Securities vs. ICICI Direct ?

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