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Marwadi Shares Vs Wisdom Capital
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Marwadi Shares 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.
Here is a point by point comparison of Marwadi Shares Vs Wisdom Capital.
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.
Marwadi Shares is a Gujarat based full-service stockbroker and has around 1450 branches across different parts of the country. The broker offers low brokerage charges but has a low focus on developing its in-house trading platforms. Thus, clients must make sure to understand their requirements before opening the account.
Discount brokers such as Wisdom Capital offer trading services at much cheaper brokerage rates and reasonable customer service. Full-service brokers such as Marwadi Shares 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.
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 Marwadi Shares 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
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.
 |  | |
| Marwadi Group Review | Wisdom Capital Review | |
| OVERVIEW | ||
| Broker Type | Full Service | Discount Broker |
| Incorporated In the Year | 1992 | 2013 |
| Number of branches across India | 1450 | 250 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX – SX, MCX and USE |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹0 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹450 per year or ₹2500 for lifetime | ₹999 Lifetime |
| Transaction Charges | Marwadi Shares Transaction Charges | Wisdom Capital Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.3% | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Intraday Delivery | 0.06% | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Equity Futures | 0.02% | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Equity Options | ₹100 per lot | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Currency Futures | 0.02% | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Currency Options | ₹100 per lot | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Commodity | 0.02% | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Brokerage Calculator | Marwadi Group Brokerage Calculator | Wisdom Capital Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday, 2 times for Delivery | 5 times to 40 times depending on the Brokerage plan |
| Equity Futures | 2 times for Intraday | 5 times to 20 times depending on the Brokerage plan |
| Equity Options | 4 times for Intraday | 5 times to 40 times depending on the Brokerage plan |
| Currency Futures | 2 times for Intraday | 4 times to 15 times depending on the Brokerage plan |
| Currency Options | 4 times for Intraday | 4 times to 15 times depending on the Brokerage plan |
| Commodities | 2 times for 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) | ODIN Diet, NSE Now, Marwadi Trade Mobile App | NEST, NSE NOW, BOLT |
| Complaints percentage | 0.01% | 0.22% |
| OVERALL RATING |  |  |
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Marwadi Shares Vs Wisdom Capital
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