Wisdom Capital Vs ICICI Direct
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.
ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Wisdom Capital Vs ICICI Direct - Broker Details
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2013 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE and NSE. |
| Branches | 54+ | 250+ |
| Brokerage | ₹9/ Trade | Prime Plan: ₹900/- |
| Broker Type | Discount Broker | Full service Broker |
Wisdom Capital Vs ICICI Direct - Account Opening & AMC Charges
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹999 + taxes (For Lifetime) | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Wisdom Capital Vs ICICI Direct - Brokerage charges & Plans
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| Commodity Futures | ₹9/ Trade | ₹20/ Order |
| Currency Futures | ₹9/ Trade | ₹20/ Order |
| Equity Delivery | ₹9/ Trade | ₹0.09% |
| Equity Options | ₹9/ Trade | ₹20/ Order |
| Commodity Options | ₹9/ Trade | ₹20/ Order |
| Equity Futures | ₹9/ Trade | ₹20/ Order |
| Currency Options | ₹9/ Trade | ₹20/ Order |
| Fixed Charges | ₹9/ Trade | ₹20/ Order |
| Equity Intraday | 0.01% | ₹20/ Order |
Wisdom Capital Vs ICICI Direct - Other Charges
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹50/ Order |
| Other Brokerage Charges | ₹9/ Trade | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹9/ Trade | ₹20/ Order |
Wisdom Capital Vs ICICI Direct - Transaction Charges
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| Currency Options | N/A | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | 0.0028% | NSE: 0.002% |
| Equity Intraday | 0.0035% | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | 0.06% (on premium) | NSE: 0.053% |
| Commodity | 0.0025% | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | N/A | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | 0.0035% | 0.00345% trade on buy & sell |
Wisdom Capital Vs ICICI Direct - Margin (Exposure)
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| Equity Options | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | Upto 10x | 5x (Up to 20% of trade value) |
| Currency Options | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
Wisdom Capital Vs ICICI Direct - Features
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | • Trade Eye • Nest Trader • Fox Trader • Wisdom Pro Trading App • Wisdom Trade | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Wisdom Capital Vs ICICI Direct - Review & Rating
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Wisdom Capital Vs ICICI Direct - Request a call back from Broker
| Wisdom Capital | ICICI Direct | |
|---|---|---|
Wisdom Capital Vs ICICI Direct - Investment Options
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| 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 ICICI Direct - Order Type
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| 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 ICICI Direct - Research & Report
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| 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 ICICI Direct - Daily Market Report
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| Daily Market Reports & News |
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Wisdom Capital Vs ICICI Direct - Suitable For Investor
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Wisdom Capital Vs ICICI Direct - Pros & Cons
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| 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 facilitates its customers by providing an integrated three-in-one account. 2. ICICI direct manages the customer’s demat and bank accounts by transferring the money to the broker’s pool or toward deposits. 3. The investments can be made in online in IPOs, Mutual Funds, GOI Funds and the postal savings schemes all of it from one website. 4. It allows trading at both the national exchanges i.e. NSE and BSE. |
| Cons | • You can not invest in IPO by using this platform. • It does not provide the facility to invest in US stocks. | 1. The brokerage of ICICI direct is high and not negotiable. 2. It does not offer commodity trading. 3. The minimum brokerage as the standard I-Secure plan is ₹20/Order that is high for the traders making small trades. 4. ICICI Direct provides ₹0.05 per share brokerage on the stocks quoting up to ₹10. It becomes difficult to trade in the penny stocks. 5. It charges ₹50 per call for the call and trader after first 20 free calls in a month. |
Wisdom Capital Vs ICICI Direct - Background
| Wisdom Capital | ICICI Direct | |
|---|---|---|
Wisdom Capital Vs ICICI Direct - Compare All Brokers
| Wisdom Capital | ICICI Direct | |
|---|---|---|
Wisdom Capital Vs ICICI Direct - STT/CTT
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| 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 | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| 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 ICICI Direct - Demat transaction charges
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Wisdom Capital Vs ICICI Direct - GST
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Wisdom Capital Vs ICICI Direct - SEBI Charges
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Wisdom Capital Vs ICICI Direct - Account Opening & AMC Charges
Wisdom Capital
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹999 + taxes (For Lifetime)
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
₹0 (Free)
₹0 (Free)
Wisdom Capital Vs ICICI Direct
ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Wisdom Capital Vs ICICI Direct - Brokerage charges & Plans
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| Commodity Futures | ₹9/ Trade | ₹20/ Order |
| Currency Futures | ₹9/ Trade | ₹20/ Order |
| Equity Delivery | ₹9/ Trade | ₹0.09% |
| Equity Options | ₹9/ Trade | ₹20/ Order |
| Commodity Options | ₹9/ Trade | ₹20/ Order |
| Equity Futures | ₹9/ Trade | ₹20/ Order |
| Currency Options | ₹9/ Trade | ₹20/ Order |
| Fixed Charges | ₹9/ Trade | ₹20/ Order |
| Equity Intraday | 0.01% | ₹20/ Order |
| Call Back Open Account |
Wisdom Capital Vs ICICI Direct - Margin (Exposure)
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| Equity Options | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | Upto 10x | 5x (Up to 20% of trade value) |
| Currency Options | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
Wisdom Capital Vs ICICI Direct - Other Charges
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹50/ Order |
| Other Brokerage Charges | ₹9/ Trade | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹9/ Trade | ₹20/ Order |
Wisdom Capital Vs ICICI Direct - STT/CTT
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| 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 | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| 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 ICICI Direct - Demat transaction charges
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Wisdom Capital Vs ICICI Direct - GST
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Wisdom Capital Vs ICICI Direct - SEBI Charges
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Wisdom Capital Vs ICICI Direct - Features
| Wisdom Capital | ICICI Direct | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | • Trade Eye • Nest Trader • Fox Trader • Wisdom Pro Trading App • Wisdom Trade | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
| SMS Alerts for Trades |
|
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| Direct Mutual Fund |
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