Indiabulls Vs Wisdom Capital
| |Indiabulls Vs Wisdom Capital comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Indiabulls Vs Wisdom Capital Comparison
Here is a point by point comparison of Indiabulls Vs Wisdom Capital.
Indiabulls Ventures is a full-service stockbroking house from Indiabulls Group. Based out of Gurgaon, Indiabulls has a presence in 18 cities of the country with a client base of 7 Lakhs.
Wisdom Capital is a subsidiary of Ashlar Group of companies with a focus on retail discount stockbroking. Launched in 2013, Wisdom capital was the first stockbroker that introduced at lifetime brokerage plan wherein clients need to pay just once and they won’t be charged for brokerage across their life.
Full-service brokers such as Indiabulls Ventures will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on. Discount brokers such as Wisdom Capital offer trading services at much cheaper brokerage rates and reasonable customer service.
Choosing between the two depends on your preferences, your digital appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Indiabulls Vs Wisdom Capital to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Indiabulls Vs Wisdom Capital Details
Generally, the above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Indiabulls Ventures Review | Wisdom Capital Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Discount Broker |
Incorporated In the Year | 2000 | 2013 |
Number of branches across India | 150 | 250 |
Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX – SX, MCX and USE |
ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
Trading Account Opening Charges | ₹450 | ₹0 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹450 (Free 1st Year) | ₹999 Lifetime |
Transaction Charges | Indiabulls Transaction Charges | Wisdom Capital Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.01% | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
Intraday Delivery | ₹15 per executed order or 0.01% (whichever is lower) | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
Equity Futures | ₹15 per executed order or 0.01% (whichever is lower) | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
Equity Options | ₹15 per lot | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
Currency Futures | ₹15 per executed order or 0.01% (whichever is lower) | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
Currency Options | ₹15 per lot | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
Commodity | ₹15 per executed order or 0.01% (whichever is lower) | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
Brokerage Calculator | Indiabulls Brokerage Calculator | Wisdom Capital Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times for Intraday, & 3 times for Delivery | 5 times to 40 times depending on the Brokerage plan |
Equity Futures | Upto 3 times Intraday | 5 times to 20 times depending on the Brokerage plan |
Equity Options | NA | 5 times to 40 times depending on the Brokerage plan |
Currency Futures | Upto 3 times Intraday | 4 times to 15 times depending on the Brokerage plan |
Currency Options | NA | 4 times to 15 times depending on the Brokerage plan |
Commodities | Upto 3 times Intraday | 5 times to 20 times depending on the Brokerage plan |
RESEARCH | ||
Daily Market Reports | ||
Tips/Recommendations | ||
Quarterly Analysis | ||
News Alerts | ||
TRADING SEGMENTS | ||
Equity | ||
Mutual Funds | ||
IPOs | ||
Currency | ||
Commodity | ||
CUSTOMER SERVICE OPTIONS | ||
Email Support | ||
Live Chat | ||
Phone | ||
Toll Free Number | ||
Offline Branches | ||
FEATURES | ||
Mobile Trading | ||
Orders Accepted After Trading Hours | ||
Charting | ||
SMS Alerts | ||
Robo Advisory | ||
Automated Trading | ||
Market Tips | ||
Margin Funding | ||
Relationship Managers | ||
3 in 1 Account | ||
Trading Platform(s) | Power Indiabulls, Online Trading, Indiabulls Shubh | NEST, NSE NOW, BOLT |
Total BSE+NSE Complaints | 43 | 63 |
OVERALL RATING | ||
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