Sharekhan Vs Wisdom Capital
Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Wisdom Capital
Wisdom Capital Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, We can also review Wisdom Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Sharekhan Vs Wisdom Capital - Broker Details
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2000 | 2013 |
| Exchanges | NSE, BSE, MCX and NCDEX. | NSE, BSE, MCX and NCDEX |
| Branches | 153+ | 54+ |
| Brokerage | 0.03% | ₹9/ Trade |
| Broker Type | Discount Broker | Discount Broker |
Sharekhan Vs Wisdom Capital - Account Opening & AMC Charges
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 (from 2nd year) | ₹999 + taxes (For Lifetime) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Sharekhan Vs Wisdom Capital - Brokerage charges & Plans
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Commodity Futures | 0.03% per transaction value | ₹9/ Trade |
| Currency Futures | 0.03% per transaction value | ₹9/ Trade |
| Equity Delivery | 0.30% on market rate or minimum 10 paisa per share | ₹9/ Trade |
| Equity Options | ₹60/ Lot | ₹9/ Trade |
| Commodity Options | ₹60/ Lot | ₹9/ Trade |
| Equity Futures | 0.03% per transaction value | ₹9/ Trade |
| Currency Options | ₹20/ Lot | ₹9/ Trade |
| Fixed Charges | ₹1,00,000/ Year | ₹9/ Trade |
| Equity Intraday | 0.03% per transaction value | 0.01% |
Sharekhan Vs Wisdom Capital - Other Charges
| Sharekhan | Wisdom Capital | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | ₹1,00,000/ Year | ₹9/ Trade |
| Minimum Brokerage | 0.10% | ₹9/ Trade |
Sharekhan Vs Wisdom Capital - Transaction Charges
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Currency Options | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) | N/A |
| Equity Futures | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side | 0.0028% |
| Equity Intraday | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) | 0.0035% |
| Equity Options | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) | 0.06% (on premium) |
| Commodity | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) | 0.0025% |
| Currency Futures | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) | N/A |
| Equity Delivery | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) | 0.0035% |
Sharekhan Vs Wisdom Capital - Margin (Exposure)
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Equity Options | 1 time (SPAN + Exposure) | Upto 2x |
| Equity Intraday | 5x (Up to 20% of trade value) | Upto 10x |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | Upto 2x |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | Upto 2x |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | Upto 2x |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | Upto 2x |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | Upto 2x |
Sharekhan Vs Wisdom Capital - Features
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity Cash: 03:15 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:15 PM |
| Trading Platform | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) | • Trade Eye • Nest Trader • Fox Trader • Wisdom Pro Trading App • Wisdom Trade |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Sharekhan Vs Wisdom Capital - Review & Rating
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Sharekhan Vs Wisdom Capital - Request a call back from Broker
| Sharekhan | Wisdom Capital | |
|---|---|---|
Sharekhan Vs Wisdom Capital - Investment Options
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Sharekhan Vs Wisdom Capital - Order Type
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Sharekhan Vs Wisdom Capital - Research & Report
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Sharekhan Vs Wisdom Capital - Daily Market Report
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Daily Market Reports & News |
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Sharekhan Vs Wisdom Capital - Suitable For Investor
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Sharekhan Vs Wisdom Capital - Pros & Cons
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Pros | 1. It offers multiple trading platforms to its customers to suite the needs of customer. 2. It provides various brokerage slabs to fulfil the customer needs. More you trade with Sharekhan the lesser brokerage you need to pay. 3. It provides the online and classroom trading, seminars and workshops to the investors. 4. The stock broker does not charge online fund transfer from the bank account and the funds pay-out to bank account. 5. It does not charge for DP transactions. 6. It allows fixed deposit as collateral for the future and options trading. 7. It charges zero fees from the call and trade facility. | • Provide facility to invest in almost all segments; equity, derivative, currency, commodity and mutual fund. • You can trade in BSE, NSE and MCX. • Offers semi and fully automated algo trading. • Free trading software. • Different unlimited validity plans available for all kind of traders. • 100% paperless account opening facility. • Free demat account. • Handsome leverage in every segment. |
| Cons | 1. It does not offer the 3-in-1 account as it does not provide the banking services. 2. The brokerage charged is percentage based that are higher in comparison to the flat fee brokers. 3.The customers who hold Classic account are unable to trade in Commodities. | • You can not invest in IPO by using this platform. • It does not provide the facility to invest in US stocks. |
Sharekhan Vs Wisdom Capital - Background
| Sharekhan | Wisdom Capital | |
|---|---|---|
Sharekhan Vs Wisdom Capital - Compare All Brokers
| Sharekhan | Wisdom Capital | |
|---|---|---|
Sharekhan Vs Wisdom Capital - STT/CTT
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell Side | 0.025% only on sell |
| Equity Options | 0.05% on sell Side | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy and sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Sharekhan Vs Wisdom Capital - Demat transaction charges
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹15 + Gst per scrip |
Sharekhan Vs Wisdom Capital - GST
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Sharekhan Vs Wisdom Capital - SEBI Charges
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Sharekhan Vs Wisdom Capital - Account Opening & AMC Charges
Sharekhan
Wisdom Capital
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 (from 2nd year)
₹999 + taxes (For Lifetime)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Sharekhan Vs Wisdom Capital
Wisdom Capital
Wisdom Capital Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, We can also review Wisdom Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Sharekhan Vs Wisdom Capital - Brokerage charges & Plans
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Commodity Futures | 0.03% per transaction value | ₹9/ Trade |
| Currency Futures | 0.03% per transaction value | ₹9/ Trade |
| Equity Delivery | 0.30% on market rate or minimum 10 paisa per share | ₹9/ Trade |
| Equity Options | ₹60/ Lot | ₹9/ Trade |
| Commodity Options | ₹60/ Lot | ₹9/ Trade |
| Equity Futures | 0.03% per transaction value | ₹9/ Trade |
| Currency Options | ₹20/ Lot | ₹9/ Trade |
| Fixed Charges | ₹1,00,000/ Year | ₹9/ Trade |
| Equity Intraday | 0.03% per transaction value | 0.01% |
| Call Back Open Account |
Sharekhan Vs Wisdom Capital - Margin (Exposure)
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Equity Options | 1 time (SPAN + Exposure) | Upto 2x |
| Equity Intraday | 5x (Up to 20% of trade value) | Upto 10x |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | Upto 2x |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | Upto 2x |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | Upto 2x |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | Upto 2x |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | Upto 2x |
| Call Back Open Account |
Sharekhan Vs Wisdom Capital - Other Charges
| Sharekhan | Wisdom Capital | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | ₹1,00,000/ Year | ₹9/ Trade |
| Minimum Brokerage | 0.10% | ₹9/ Trade |
Sharekhan Vs Wisdom Capital - STT/CTT
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell Side | 0.025% only on sell |
| Equity Options | 0.05% on sell Side | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy and sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Sharekhan Vs Wisdom Capital - Demat transaction charges
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹15 + Gst per scrip |
Sharekhan Vs Wisdom Capital - GST
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Sharekhan Vs Wisdom Capital - SEBI Charges
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Sharekhan Vs Wisdom Capital - Features
| Sharekhan | Wisdom Capital | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity Cash: 03:15 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:15 PM |
| Trading Platform | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) | • Trade Eye • Nest Trader • Fox Trader • Wisdom Pro Trading App • Wisdom Trade |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |