Wisdom Capital Vs Definedge Securities
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.
Definedge Securities
Wisdom Capital Vs Definedge Securities - Broker Details
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2013 | 2015 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX. |
| Branches | 54+ | 270 |
| Brokerage | ₹9/ Trade | ₹18 per executed order |
| Broker Type | Discount Broker | Discount Broker |
Wisdom Capital Vs Definedge Securities - Account Opening & AMC Charges
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹180 |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹999 + taxes (For Lifetime) | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹300 AMC |
Wisdom Capital Vs Definedge Securities - Brokerage charges & Plans
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹9/ Trade | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹9/ Trade | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹9/ Trade | ₹0 (Free) |
| Equity Options | ₹9/ Trade | ₹18 per executed order |
| Commodity Options | ₹9/ Trade | ₹18 per executed order |
| Equity Futures | ₹9/ Trade | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹9/ Trade | ₹18 per executed order |
| Fixed Charges | ₹9/ Trade | ₹18 per executed order |
| Equity Intraday | 0.01% | 0.03% or ₹ 18 per executed order whichever is lower |
Wisdom Capital Vs Definedge Securities - Other Charges
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹36/- per order |
| Other Brokerage Charges | ₹9/ Trade | ₹18 per executed order |
| Minimum Brokerage | ₹9/ Trade | ₹18 per executed order |
Wisdom Capital Vs Definedge Securities - Transaction Charges
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| Currency Options | N/A | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | 0.0028% | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | 0.0035% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | 0.06% (on premium) | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | 0.0025% | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | N/A | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | 0.0035% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
Wisdom Capital Vs Definedge Securities - Margin (Exposure)
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| Equity Options | Upto 2x | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | Upto 10x | 5x (Up to 20% of trade value) |
| Currency Options | Upto 2x | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | Upto 2x | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | Upto 2x | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | Upto 2x | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | Upto 2x | 1x (100% of Normal margin (Span + Exposure) |
Wisdom Capital Vs Definedge Securities - Features
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| 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 Cash: 03:15 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:15 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | • Trade Eye • Nest Trader • Fox Trader • Wisdom Pro Trading App • Wisdom Trade | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Wisdom Capital Vs Definedge Securities - Review & Rating
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Wisdom Capital Vs Definedge Securities - Request a call back from Broker
| Wisdom Capital | Definedge Securities | |
|---|---|---|
Wisdom Capital Vs Definedge Securities - Investment Options
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| 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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Wisdom Capital Vs Definedge Securities - Order Type
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| 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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Wisdom Capital Vs Definedge Securities - Research & Report
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| 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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Wisdom Capital Vs Definedge Securities - Daily Market Report
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| Daily Market Reports & News |
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Wisdom Capital Vs Definedge Securities - Suitable For Investor
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Wisdom Capital Vs Definedge Securities - Pros & Cons
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| Pros | • 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. | 1. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. |
| Cons | • You can not invest in IPO by using this platform. • It does not provide the facility to invest in US stocks. | 1. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. |
Wisdom Capital Vs Definedge Securities - Background
| Wisdom Capital | Definedge Securities | |
|---|---|---|
Wisdom Capital Vs Definedge Securities - Compare All Brokers
| Wisdom Capital | Definedge Securities | |
|---|---|---|
Wisdom Capital Vs Definedge Securities - STT/CTT
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell Side |
| Equity Options | 0.05% only on sell | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Wisdom Capital Vs Definedge Securities - Demat transaction charges
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip | ₹0 (Free) |
Wisdom Capital Vs Definedge Securities - GST
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% (on brokerage + transaction charges) |
Wisdom Capital Vs Definedge Securities - SEBI Charges
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Wisdom Capital Vs Definedge Securities - Account Opening & AMC Charges
Wisdom Capital
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹999 + taxes (For Lifetime)
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
Wisdom Capital Vs Definedge Securities
Definedge Securities
Wisdom Capital Vs Definedge Securities - Brokerage charges & Plans
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹9/ Trade | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹9/ Trade | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹9/ Trade | ₹0 (Free) |
| Equity Options | ₹9/ Trade | ₹18 per executed order |
| Commodity Options | ₹9/ Trade | ₹18 per executed order |
| Equity Futures | ₹9/ Trade | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹9/ Trade | ₹18 per executed order |
| Fixed Charges | ₹9/ Trade | ₹18 per executed order |
| Equity Intraday | 0.01% | 0.03% or ₹ 18 per executed order whichever is lower |
Wisdom Capital Vs Definedge Securities - Margin (Exposure)
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| Equity Options | Upto 2x | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | Upto 10x | 5x (Up to 20% of trade value) |
| Currency Options | Upto 2x | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | Upto 2x | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | Upto 2x | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | Upto 2x | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | Upto 2x | 1x (100% of Normal margin (Span + Exposure) |
Wisdom Capital Vs Definedge Securities - Other Charges
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹36/- per order |
| Other Brokerage Charges | ₹9/ Trade | ₹18 per executed order |
| Minimum Brokerage | ₹9/ Trade | ₹18 per executed order |
Wisdom Capital Vs Definedge Securities - STT/CTT
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell Side |
| Equity Options | 0.05% only on sell | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Wisdom Capital Vs Definedge Securities - Demat transaction charges
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip | ₹0 (Free) |
Wisdom Capital Vs Definedge Securities - GST
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% (on brokerage + transaction charges) |
Wisdom Capital Vs Definedge Securities - SEBI Charges
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Wisdom Capital Vs Definedge Securities - Features
| Wisdom Capital | Definedge Securities | |
|---|---|---|
| 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 Cash: 03:15 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:15 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | • Trade Eye • Nest Trader • Fox Trader • Wisdom Pro Trading App • Wisdom Trade | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|