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LKP Securities Vs Wisdom Capital
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LKP Securities 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.
LKP Securities Vs Wisdom Capital Comparison
Here is a point by point comparison of LKP Securities Vs Wisdom Capital.
LKP Securities is a full-service stock broker based out of Mumbai and has a presence in more than 2300 locations across 200 cities of India. Started as a securities brokerage house in 1948, LKP Securities is a listed public company that posted a net worth of ₹158 Crore for the FY 2016-17.
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.
Discount brokers such as Wisdom Capital offer trading services at much cheaper brokerage rates and reasonable customer service. Full-service brokers such as LKP Securities will help you, spoon feed you, hand hold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between LKP Securities 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
LKP Securities Vs Wisdom Capital Details
Generally, 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.
 |  | |
| LKP Securities Review | Wisdom Capital Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Discount Broker |
| Incorporated In the Year | 1948 | 2013 |
| Number of branches across India | 17 | 250 |
| Exchanges | NSE, BSE, MCX & MSEI | NSE, BSE, MCX – SX, MCX and USE |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹250 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹200 | ₹999 Lifetime |
| Transaction Charges | LKP Securities Transaction Charges | Wisdom Capital Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.1% | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Intraday Delivery | 0.01% | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Equity Futures | 0.01% | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Equity Options | ₹10 per lot | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Currency Futures | 0.007% | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Currency Options | ₹10 per lot | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Commodity | 0.01% | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Brokerage Calculator | LKP Securities Brokerage Calculator | Wisdom Capital Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | More than 10times(Depends on VAR)-Intraday & 5-6 times (Depends on VAR)-Delivery | 5 times to 40 times depending on the Brokerage plan |
| Equity Futures | Upto 4 times Intraday | 5 times to 20 times depending on the Brokerage plan |
| Equity Options | 3 times buying, 4 times for Short | 5 times to 40 times depending on the Brokerage plan |
| Currency Futures | 3 times intraday | 4 times to 15 times depending on the Brokerage plan |
| Currency Options | 2 times buying, 3 times for Short | 4 times to 15 times depending on the Brokerage plan |
| Commodities | Intraday 4 times, Carry forward 1 time | 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) | LKP Blue, Trade Smart LKP Mobile App, LKP Boss | NEST, NSE NOW, BOLT |
| Total BSE+NSE Complaints | 32 | 63 |
| OVERALL RATING |  |  |
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LKP Securities Vs Wisdom Capital
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