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Prostocks Vs Wisdom Capital
| | Broker Comparison, Trading | No Comments
Prostocks 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.
Prostocks Vs Wisdom Capital Comparison
Here is a point by point comparison of Prostocks 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.
Prostocks, relatively a new entrant into the Indian stock market, is a discount broker that charges a flat fee per transaction from the customers. This stock broking firm was founded recently in February 2016.
Discount brokers such as Wisdom Capital or Prostocks offer trading services at much cheaper brokerage rates and reasonable customer service. To make things easy for you, we have listed out the comparison between Prostocks 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
Prostocks 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.
 |  | |
| Prostocks Review | Wisdom Capital Review | |
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 2016 | 2013 |
| Number of branches across India | 2 | 250 |
| Exchanges | BSE, NSE | NSE, BSE, MCX – SX, MCX and USE |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹300 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹1000 (Refundable) | ₹999 Lifetime |
| Transaction Charges | Prostocks Transaction Charges | Wisdom Capital Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹15 per executed trade | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Intraday Delivery | ₹15 per executed trade | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Equity Futures | ₹15 per executed trade | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Equity Options | ₹15 per executed trade | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Currency Futures | ₹15 per executed trade | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Currency Options | ₹15 per executed trade | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Commodity | NA | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Calculate Brokerage | Prostocks Brokerage Calculator | Wisdom Capital Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 7 times & Delivery upto 1 time | 5 times to 40 times depending on the Brokerage plan |
| Equity Futures | Upto 1.5 times | 5 times to 20 times depending on the Brokerage plan |
| Equity Options | Upto 1.5 times | 5 times to 40 times depending on the Brokerage plan |
| Currency Futures | NA | 4 times to 15 times depending on the Brokerage plan |
| Currency Options | NA | 4 times to 15 times depending on the Brokerage plan |
| Commodities | NA | 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) | ProStocks Web, ProStocks Mobile and ProStocks Desktop | NEST, NSE NOW, BOLT |
| Complaints Percentage of Active Clients | 0.15% | 0.22% |
| OVERALL RATING |  | |
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Prostocks Vs Wisdom Capital
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