Choice Broking Vs Wisdom Capital
Choice Broking
Choice Broking is a full service Broker. Choice Broking Review 2024 gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, 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.
Choice Broking Vs Wisdom Capital - Broker Details
| Choice Broking | Wisdom Capital | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2013 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | NSE, BSE, MCX and NCDEX |
| Branches | 50+ | 54+ |
| Brokerage | 0.02% | ₹9/ Trade |
| Broker Type | Full service Broker | Discount Broker |
Choice Broking Vs Wisdom Capital - Account Opening & AMC Charges
| Choice Broking | Wisdom Capital | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | ₹999 + taxes (For Lifetime) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Choice Broking Vs Wisdom Capital - Brokerage charges & Plans
| Choice Broking | Wisdom Capital | |
|---|---|---|
| Commodity Futures | 0.02% | ₹9/ Trade |
| Currency Futures | 0.02% | ₹9/ Trade |
| Equity Delivery | 0.2% | ₹9/ Trade |
| Equity Options | ₹25/Lot | ₹9/ Trade |
| Commodity Options | ₹50/Lot | ₹9/ Trade |
| Equity Futures | 0.02% | ₹9/ Trade |
| Currency Options | ₹20/Lot | ₹9/ Trade |
| Fixed Charges | 0.02% | ₹9/ Trade |
| Equity Intraday | 0.02% | 0.01% |
Choice Broking Vs Wisdom Capital - Other Charges
| Choice Broking | Wisdom Capital | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | ₹25/Lot | ₹9/ Trade |
| Minimum Brokerage | 0.02% | ₹9/ Trade |
Choice Broking Vs Wisdom Capital - Transaction Charges
| Choice Broking | Wisdom Capital | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | N/A |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | 0.0028% |
| Equity Intraday | NSE/BSE:- 0.00345% | 0.0035% |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | 0.06% (on premium) |
| Commodity | Future Exchange txn charge:- 0.0026% | Clearing charge: 0.0003% | RMS Charge 0.005% (Only NCDEX) || Option:- Exchange txn charge:- 0.05% | Clearing charge :- 0.002% | 0.0025% |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | N/A |
| Equity Delivery | NSE/BSE:- 0.00345% | 0.0035% |
Choice Broking Vs Wisdom Capital - Margin (Exposure)
| Choice Broking | Wisdom Capital | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (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 |
Choice Broking Vs Wisdom Capital - Features
| Choice Broking | 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: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:15 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:15 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | • 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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Choice Broking Vs Wisdom Capital - Review & Rating
| Choice Broking | Wisdom Capital | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs Wisdom Capital - Request a call back from Broker
| Choice Broking | Wisdom Capital | |
|---|---|---|
Choice Broking Vs Wisdom Capital - Investment Options
| Choice Broking | 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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Choice Broking Vs Wisdom Capital - Order Type
| Choice Broking | 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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Choice Broking Vs Wisdom Capital - Research & Report
| Choice Broking | 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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Choice Broking Vs Wisdom Capital - Daily Market Report
| Choice Broking | Wisdom Capital | |
|---|---|---|
| Daily Market Reports & News |
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Choice Broking Vs Wisdom Capital - Suitable For Investor
| Choice Broking | Wisdom Capital | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Choice Broking Vs Wisdom Capital - Pros & Cons
| Choice Broking | Wisdom Capital | |
|---|---|---|
| Pros | 1. It offers a broad range of investment products. 2. It has a simple trading platform and offers it to the customers. 3. It offers various multiple AMC plans to its customers that provides lifetime AMC and refundable AMC options. 4. It has a proactive and prompt customer service. 5. It has an instant and paperless demat account opening process. 6. Choice broking has an excellent margin trading facility service to its customers. 7. The research call provided by the brokers has 78% accuracy ratio. | • 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. The Choice Broker does not allow to open a three-in-one account services to its customers. 2. It has no flexible brokerage plans. 3. The broker does not provide Margin Calculator. 4. It does not provide an in-house trading terminal. | • You can not invest in IPO by using this platform. • It does not provide the facility to invest in US stocks. |
Choice Broking Vs Wisdom Capital - Background
| Choice Broking | Wisdom Capital | |
|---|---|---|
Choice Broking Vs Wisdom Capital - Compare All Brokers
| Choice Broking | Wisdom Capital | |
|---|---|---|
Choice Broking Vs Wisdom Capital - STT/CTT
| Choice Broking | 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(on Premium) | 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 |
Choice Broking Vs Wisdom Capital - Demat transaction charges
| Choice Broking | Wisdom Capital | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹15 + Gst per scrip |
Choice Broking Vs Wisdom Capital - GST
| Choice Broking | Wisdom Capital | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Choice Broking Vs Wisdom Capital - SEBI Charges
| Choice Broking | Wisdom Capital | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Wisdom Capital - Account Opening & AMC Charges
Choice Broking
Wisdom Capital
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹999 + taxes (For Lifetime)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Choice Broking 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.
Choice Broking Vs Wisdom Capital - Brokerage charges & Plans
| Choice Broking | Wisdom Capital | |
|---|---|---|
| Commodity Futures | 0.02% | ₹9/ Trade |
| Currency Futures | 0.02% | ₹9/ Trade |
| Equity Delivery | 0.2% | ₹9/ Trade |
| Equity Options | ₹25/Lot | ₹9/ Trade |
| Commodity Options | ₹50/Lot | ₹9/ Trade |
| Equity Futures | 0.02% | ₹9/ Trade |
| Currency Options | ₹20/Lot | ₹9/ Trade |
| Fixed Charges | 0.02% | ₹9/ Trade |
| Equity Intraday | 0.02% | 0.01% |
Choice Broking Vs Wisdom Capital - Margin (Exposure)
| Choice Broking | Wisdom Capital | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (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 |
Choice Broking Vs Wisdom Capital - Other Charges
| Choice Broking | Wisdom Capital | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | ₹25/Lot | ₹9/ Trade |
| Minimum Brokerage | 0.02% | ₹9/ Trade |
Choice Broking Vs Wisdom Capital - STT/CTT
| Choice Broking | 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(on Premium) | 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 |
Choice Broking Vs Wisdom Capital - Demat transaction charges
| Choice Broking | Wisdom Capital | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹15 + Gst per scrip |
Choice Broking Vs Wisdom Capital - GST
| Choice Broking | Wisdom Capital | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Choice Broking Vs Wisdom Capital - SEBI Charges
| Choice Broking | Wisdom Capital | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Wisdom Capital - Features
| Choice Broking | 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: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:15 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:15 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | • Trade Eye • Nest Trader • Fox Trader • Wisdom Pro Trading App • Wisdom Trade |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|