Mandot Securities regulation & licences
Licences on record 1
2 Tier 2 — strong regulation
Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.
Regulatory profile
Mandot Securities is an exchange-traded currency broker founded in 1994 and headquartered in India.
In our database Mandot Securities is matched to 1 licence from SEBI. Its strongest licence comes from the SEBI, which we rate tier 2: credible supervision, but with fewer safeguards than the very strictest regulators.
Depending on the entity, eligible clients may be covered by Exchange Investor Protection Funds (SEBI).
Mandot Securities offers its own proprietary platform. The advertised minimum deposit starts at zero (no minimum) — minimums often vary by account type and entity.
Because Mandot Securities offers exchange-traded currency derivatives rather than OTC forex, your trades are cleared through a recognised exchange clearing house, prices are transparent and there is no broker counterparty on the other side of your trade.
Regulatory strengths
- Holds tier-2 licence (SEBI)
- Operating for about 32 years
- Compensation scheme available at SEBI entity
- Exchange-traded and centrally cleared — no broker counterparty
Points to check
- No specific concerns from our licence data
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Mandot Securities regulation FAQ
Is Mandot Securities regulated?
Yes — in our database Mandot Securities is matched to 1 licence: SEBI (India). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.
Is Mandot Securities a tier-1 regulated broker?
No. None of the licences we have matched to Mandot Securities is from a tier-1 regulator. Its strongest licence is tier 2.
Does Mandot Securities accept US clients?
Mandot Securities is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so Mandot Securities generally cannot accept US retail forex clients.
Is my money protected with Mandot Securities?
Clients of Mandot Securities's SEBI-regulated entity may be eligible for statutory compensation (Exchange Investor Protection Funds). Clients of other entities rely on segregation of funds and the firm's financial strength.
What is the minimum deposit at Mandot Securities?
Mandot Securities advertises no fixed minimum deposit on its standard account, although some account types, payment methods or entities may require one.
How can I verify Mandot Securities's licence?
Find the company name and licence number in Mandot Securities's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.