Wisdom Capital Review & Brokerage Charges

Wisdom Capital is one of the highly recognized Discount Broker in India. Lets look at Wisdom Capital Review, their other features like Demat Account & Brokerage Charges & Fees.

Wisdom Capital Customer Ratings & Review

About Wisdom Capital

Wisdom Capital a discount brokerage firm, with its 250 franchisee network, supports broker assisted trade as well as automated online trading in all the segments across BSE and NSE.

The broking house offers heavily discounted trades with Free Demat & Trading account without any hidden charges.

The discount broker has its client covered whether it is over toll free, phone, email or live chat. They provide three softwares (NOW,NEST & ODIN) for convenient and hassle free trading. Wisdom Capital also offers semi and fully automated algo trading facility. With them you can take high leverage upto 20 times in NSE & MCX Derivatives and 40x in cash. The Broker also offers precious metal futures trading and trade in almost all metals, agri and non-agri commodities too.

They also offers depository services to enjoy smooth trading experience. They provide advance order type ( MIS, CO, SL, SL(M), BRACKET Order)  which apart from allowing margin also aids in capital protection while trading .Client has to maintain only a Single Ledger for all segments i.e. Equities, Currencies & Commodities. They also offer courses through Trading School to train beginners to invest in financial market.

Wisdom Capital Products & Services

List of Products & Service this broking company provides

Wisdom Capital Products

  • Equity
  • Commodity
  • Currency
  • Derivatives

Wisdom Capital Services

  • Demat Account
  • Depository Services
  • Trading Account
  • Intraday Trading
  • Advanced Customer Support – Live Chat, Toll Free Number, Email Support
  • Trading School

Wisdom Capital Brokerage Charges & Fees

Wisdom Capital is one of the top discount broker in his plan offering. The flexible plans offered here covers each and every level of investor. Freedom plan is good for active investors where pro plan is good for professional investors.

  • Trading account opening fee: Free
  • Demat Account opening fee: Free
  • Trading Account Maintenance Charges: Nil
  • Demat Account Maintenance Charges: Rs 999 lifetime +taxes

Wisdom Capital Pro Plan – Rs 9 flat-rate share trades is equal to SASOnline (Rs 9) & RK Global (Rs 9) and lower than its close competitors ProStocks (Rs 15), Zerodha (Rs 20),RKSV (Rs 20),Tradejini (Rs 20),My Value Trade(10 Rs),Trade Smart Online(20 Rs),Compositedge (18 Rs) plans.

  • Future – Rs 9 Per Trade
  • Options – Rs 9 Per Trade
  • Equity Delivery – 0.05%
  • Equity Intraday – 0.005%
  • Intraday Margin In Futures/MCX is 6X MIS & 20X in Cover Order, Intraday Exposure In Options is 1X Buy & 6X Sell,Intraday Margin In Cash is Upto 40 X MIS,Delivery Margin In Cash is Upto 5X

Wisdom Capital Brokerage Charges – Pro Plan

Brokerage PlanPro Plan
Flat FeeNA
Equity Delivery0.05%
Equity Intraday0.01%
Equity FuturesRs 9
Equity OptionsRs 9
Currency FuturesRs 9
Currency OptionsRs 9
CommodityRs 9

Wisdom Capital Freedom Plans

One time fees of Rs 1150, In this plan you can trade free for Futures & Options and equity segment in NSE,BSE.Commodity trading at MCX and NCDEX all segment is also free. This is zero brokerage plan.

  • Wisdom Capital charges zero rupee for this plan.
  • Intraday Margin In Futures/MCX is 2X MIS & 10X in Cover Order, Intraday Exposure In Options is 1X, Intraday Margin In Cash is Upto 5X MIS,Delivery Margin In Cash is 1X

Wisdon Capital Unlimited Plans

This plan is designed for traders who need higher intraday exposure

  • Future – .005%
  • Options – Rs 15 Per Lot
  • Equity Delivery – .05%
  • Equity Intraday – .005%
  • Intraday Margin In Futures/MCX is 10X MIS & 20X in Cover Order, Intraday Exposure In Options is 1X Buy & 10X Sell,Intraday Margin In Cash is Upto 40 X MIS,Delivery Margin In Cash is Upto 5X

Why Wisdom Capital?

  • 100 day challenge to get brokerage refunded if you come out profitable at the end of 100 trading days.
  • Lowest Transaction Charges, no minimum brokerage, no trading and demat account opening fee.
  • Unlimited Leverage in all exchanges (upto 20X NSE & MCX Derivatives & 40x in cash)
  • Low Brokerage plans, single ledger for all segments, option to choose trading terminal of your like.

How to Open Wisdom Capital Demat Account

For online trading, investor has to open 2-in-1 account (Trading and Demat). Following are the ways to open demat account with Wisdom Capital:

  • Fill an online application form.  Fill the contact form.
  • Website: wisdomcapital.in/
  • Contact Phone Number/helpline:1800-3000-5048
  • Contact email: helpdesk@wisdomcapital.in
  • Registered Office: A-38, Sector-67, Noida: 201301 Delhi & NCR

Wisdom Capital Offers

  • Zero Account opening charges
  • Free Trading account
  • Flexible brokerage plan
  • Lowest brokerage charges

Wisdom Capital Trading Platforms Review

The broking company offers a huge variety of trading platforms to its clients. It has trading platform for all formats i.e. Desktop Terminal, Web Platform & Mobile Platform.

Wisdom Capital Desktop Based Trading Platform: Trading Terminal Review

Most advanced trading platform with variety of features like advanced charting, high connectivity, user friendly access everything is available in this Trading Terminal.

Wisdom Capital Web Based Platform: Web HTML 5 Review

This comes with a lot many features aswell like real time support, hassel free trade, advanced charts, works with different web browsers, auto update facility is available.

Wisdom Capital Mobile App: Trade Eye Review

Trade eye is a mobile app platform provided to their clients. It comes all the features available in trading terminal & Web HTML 5. This is a extremely advanced & gives grand performance.

Wisdom Capital Advantage / Disadvantages

Wisdom Capital is trader’s paradise indeed. They have something to offers for all type of traders/Investors. With its highly competitive brokerage charges, support for every type of trader, up to date tools and technology, It has quite the offering for investors who fit into its target mold.

Advantages

  • Lowest transaction fee in the industry
  • Fastest in account opening time
  • First ones to introduce lifetime plan
  • No minimum brokerage.

Disadvantages

  • No support to invest in IPOs
  • Mutual Fund and Bonds
  • Charges for using semi-automated algo trading.
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