Wisdom Capital Vs Elite Wealth
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.
Wisdom Capital Vs Elite Wealth - Broker Details
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2013 | 1990 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 54+ | N/A |
| Brokerage | ₹9/ Trade | 0.03% |
| Broker Type | Discount Broker | Full Service Broker |
Wisdom Capital Vs Elite Wealth - Account Opening & AMC Charges
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹999 + taxes (For Lifetime) | First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Wisdom Capital Vs Elite Wealth - Brokerage charges & Plans
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| Commodity Futures | ₹9/ Trade | 0.03% |
| Currency Futures | ₹9/ Trade | 0.03% |
| Equity Delivery | ₹9/ Trade | 0.33% |
| Equity Options | ₹9/ Trade | ₹33 per Lot |
| Commodity Options | ₹9/ Trade | 0.03% |
| Equity Futures | ₹9/ Trade | 0.03% |
| Currency Options | ₹9/ Trade | ₹33 per Lot |
| Fixed Charges | ₹9/ Trade | 0.03% |
| Equity Intraday | 0.01% | 0.03% |
Wisdom Capital Vs Elite Wealth - Other Charges
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | ₹9/ Trade | 0.03% |
| Minimum Brokerage | ₹9/ Trade | 0.03% |
Wisdom Capital Vs Elite Wealth - Transaction Charges
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| Currency Options | N/A | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | 0.0028% | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | 0.0035% | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Equity Options | 0.06% (on premium) | NSE: 0.053% on Premium value |
| Commodity | 0.0025% | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | N/A | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | 0.0035% | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
Wisdom Capital Vs Elite Wealth - Margin (Exposure)
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| 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 Elite Wealth - Features
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | • Trade Eye • Nest Trader • Fox Trader • Wisdom Pro Trading App • Wisdom Trade | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Wisdom Capital Vs Elite Wealth - Review & Rating
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Wisdom Capital Vs Elite Wealth - Request a call back from Broker
| Wisdom Capital | Elite Wealth | |
|---|---|---|
Wisdom Capital Vs Elite Wealth - Investment Options
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| 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 Elite Wealth - Order Type
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| 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 Elite Wealth - Research & Report
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| 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 Elite Wealth - Daily Market Report
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| Daily Market Reports & News |
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Wisdom Capital Vs Elite Wealth - Suitable For Investor
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Wisdom Capital Vs Elite Wealth - Pros & Cons
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| 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. It is a full-service broker 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. Excellent Research 4. Call n Trade Facility 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Upcoming IPO updates 7. Online access to the account on all days |
| Cons | • You can not invest in IPO by using this platform. • It does not provide the facility to invest in US stocks. | 1. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account and does not have banking license. 3. Risk of Overtrading. |
Wisdom Capital Vs Elite Wealth - Background
| Wisdom Capital | Elite Wealth | |
|---|---|---|
Wisdom Capital Vs Elite Wealth - Compare All Brokers
| Wisdom Capital | Elite Wealth | |
|---|---|---|
Wisdom Capital Vs Elite Wealth - STT/CTT
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| 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 Sell |
| Equity Options | 0.05% only on sell | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% only on sell | 0.01 % on Sell |
| Commodity Options | 0.05% on sell trade | 0.05% on Sell Side |
Wisdom Capital Vs Elite Wealth - Demat transaction charges
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip | No Charges |
Wisdom Capital Vs Elite Wealth - GST
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Wisdom Capital Vs Elite Wealth - SEBI Charges
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Wisdom Capital Vs Elite Wealth - Account Opening & AMC Charges
Wisdom Capital
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹999 + taxes (For Lifetime)
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Trading Account AMC
₹0 (Free)
₹0 (Free)
Wisdom Capital Vs Elite Wealth
Elite Wealth
Wisdom Capital Vs Elite Wealth - Brokerage charges & Plans
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| Commodity Futures | ₹9/ Trade | 0.03% |
| Currency Futures | ₹9/ Trade | 0.03% |
| Equity Delivery | ₹9/ Trade | 0.33% |
| Equity Options | ₹9/ Trade | ₹33 per Lot |
| Commodity Options | ₹9/ Trade | 0.03% |
| Equity Futures | ₹9/ Trade | 0.03% |
| Currency Options | ₹9/ Trade | ₹33 per Lot |
| Fixed Charges | ₹9/ Trade | 0.03% |
| Equity Intraday | 0.01% | 0.03% |
Wisdom Capital Vs Elite Wealth - Margin (Exposure)
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| 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 Elite Wealth - Other Charges
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | ₹9/ Trade | 0.03% |
| Minimum Brokerage | ₹9/ Trade | 0.03% |
Wisdom Capital Vs Elite Wealth - STT/CTT
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| 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 Sell |
| Equity Options | 0.05% only on sell | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% only on sell | 0.01 % on Sell |
| Commodity Options | 0.05% on sell trade | 0.05% on Sell Side |
Wisdom Capital Vs Elite Wealth - Demat transaction charges
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip | No Charges |
Wisdom Capital Vs Elite Wealth - GST
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Wisdom Capital Vs Elite Wealth - SEBI Charges
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Wisdom Capital Vs Elite Wealth - Features
| Wisdom Capital | Elite Wealth | |
|---|---|---|
| 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | • Trade Eye • Nest Trader • Fox Trader • Wisdom Pro Trading App • Wisdom Trade | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
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