Mangal Keshav Group is a premier wealth Management and Financial Solution company engaged in distribution of Mutual Fund and IPOs, advisory service, DP service, equities and derivatives Broking for Retail and Institutional customers in India.
Mangal Keshav Securities Ltd., part of MK Group has PAN India presence with more than 325 branches and around 70,000 customers. MK is registerd member of BSE ,NSE,NCDEX & MCX and Depository Participant with NSDL and CDSL for providing end to end service to its client. Trading in commodities can be done through MK Commodity Brokers Ltd.
They have presence in trading in the international commodities trading markets through its associate, Mangal Keshav DMCC, which is a broker member of Dubai Gold and Commodities Exchange(DGCX).
When coming to customer service, Mangal Keshav team is well trained to answer each and every voice from its clients. Dedicated service desk as well as branch office across India, makes it easy to interact with staff . Best way to communicate is email or phone call or visiting to nearest branch location. Still lacking behind in online support.
On Service- the Broker has dedicated Research Team to provides tips and recommendation and advise on investment matters.They have detailed and insightful coverage of more than 60 stocks across diverse sectors. Other than normal order types, MK allows After Market Order and Stop Loss Order.
For easy fund Transfer with Mangal Keshav, you have to have Bank Account with HDFC or UTI Bank. Mangal Keshav also a Non-Banking Financial Company (NBFC) provides margin funding against approved list of shares on NSE and BSE.
Incorporated in 1939, Mangal Keshav is very old name in broker industry. Wide range of offerings, margin funding, 350 + branches proves deep presence of MK in the Broker Market.
No Mobile Base trading, No Clear trading plans on-line.
Here we are comparing Mangal Keshav with its 5 close competitors on investment options.
| Broker | Mangal Keshav | Sharekhan | 5paisa | Zerodha | SAMCO |
| Equity Trading Type | Yes | Yes | Yes | Yes | Yes |
| Currency Trading | Yes | Yes | Yes | Yes | Yes |
| Commodity Trading | Yes | Yes | Yes | Yes | Yes |
| Mutual Funds | Yes | Yes | Yes | Yes | No |
| MF SIP | No | Yes | Yes | Yes | No |
| ETF Investment | Yes | Yes | Yes | Yes | Yes |
| Banking | No | No | No | No | No |
| Insurance | No | Yes | Yes | No | No |
»» Trading Account Opening Charges: Free
»» Trading Account AMC: Free
»» Demat Account Opening Charges: Free
»» Demat Account AMC: Rs 750 PA
Mangal Keshav claims to have competitive brokerage rates but they want you to approach them personally for any brokerage related queries.The Broker serve their clients personally as they have branches and sub-brokers office available across the country. They don't want to disclose their brokerage, they want to serve each customer as different as per their financial needs. Calling or personally visiting them may help here.
For complete brokerage charges and trading plans detail please visit Mangal Keshav Brokerage Charges.
Here we are comparing Mangal Keshav with its 5 close competitors, who are currently market leader in brokerage industry.
| Broker | Mangal Keshav | Sharekhan | 5paisa | Zerodha | SAMCO |
| Service Type | Full Service Broker | Full Service Broker | Discount Broker | Discount Broker | Discount Broker |
| Brokerage Range | .03% to .3% | 0.1 to 0.5% | Rs 10 | Rs 20 | Rs 20 |
| Account Type | 2 in 1 | 2 in 1 | 2 in 1 | 2 in 1 | 2 in 1 |
| Equity Delivery | 0.3% or 30 paisa | 0.5% or 50 paisa | Flat Fee Rs 10 | Free | 0.2% or Rs 20 whichever is lower |
| Equity Intraday | 0.03% or 3 paisa | 0.1% or 10 paisa | Flat Fee Rs 10 | 0.01% or Rs 20 whichever is lower | 0.02% or Rs 20 whichever is lower |
| Equity Futures | 0.03% or 3 paisa | 0.1% or 10 paisa | Flat Fee Rs 10 | 0.01% or Rs 20 whichever is lower | 0.02% or Rs 20 whichever is lower |
| Equity Options | Rs 100 Per Lot | 2.5% of Premium or Rs 250 per lot whichever is high | Flat Fee Rs 10 | Flat Fee Rs 20 | Flat Fee Rs 20 |
| Commodity | 0.03% or 3 paisa | 0.1% or 10 paisa | Flat Fee Rs 10 | Flat Fee Rs 20 | Flat Fee Rs 20 |
| Currency Futures | 0.03% or 3 paisa | 0.1% or 10 paisa | Flat Fee Rs 10 | 0.01% or Rs 20 whichever is lower | 0.02% or Rs 20 whichever is lower |
| Currency Options | Rs 30 Per Lot | 2.5% of Premium or Rs 30 per lot whichever is high | Flat Fee Rs 10 | Flat Fee Rs 20 | Flat Fee Rs 20 |
| Rating |
Please refer unique and accurate Mangal Keshav Brokerage Calculator
Mangal Keshav supports terminal based and Web Based patform for trading.
Mangaltrader-Diet : This is the installable trading software by ODIN Diet for multiple feature rich and efficient trading. Key features-
Mangal Trader-Lite ( Manual or Refresh Streaming) : An installable application powered by NOW can be downloaded and installed on your computer. This is a fully functional trading terminal allowing fast execution of orders with real time streaming of quotes or at refresh option. All features are same as Mangal Keshav-Diet.
Mangal Web Base Trading Platform - NetNetLite is standard online trading application used by Mangal Keshav.
For detail review of mobile app and download please visit Mangal Keshav Trading Platform Review.
Here we are comparing Mangal Keshav with its 5 close competitors on Trading Platform.
| Broker | Mangal Keshav | Sharekhan | 5paisa | Zerodha | SAMCO |
| Desktop Windows | Yes | Yes | Yes | Yes | Yes |
| Desktop Mac | No | No | No | No | No |
| Web Trading | Yes | Yes | Yes | Yes | Yes |
| Android Tablet App | Yes | Yes | Yes | Yes | Yes |
| Android Mobile App | Yes | Yes | Yes | Yes | Yes |
| iPhone App (iOS Mobile App) | No | Yes | Yes | Yes | No |
| iPad App | No | Yes | Yes | Yes | No |
| Mobile Site | No | Yes | Yes | Yes | Yes |
With more than 60 years of experience, Mangal Keshav is a leader having strong hold in Indian Broker space through its network of Branches and Sub broker in many cities of India. While not the broker for everyone, especially for new generation, Mangal Keshav's well-respected place in the realm of full service brokers should continue to grow in 2016.
If you like what you have read and want to start trading, leave your contact information with us and we will guide you.
Ratings:
Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Above Average
Overall Experience - Excellent