Tradejini Vs Wisdom Capital
| |Tradejini 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.
Tradejini Vs Wisdom Capital Comparison
Here is a point by point comparison of Tradejini Vs Wisdom Capital.
TradeJini, based out of Bengaluru, is a discount broker launched in 2012 by Kishore Kumar J and Dinesh Kumar M. They claim to have clients from more than 1000 cities and towns of India across all trading segments.
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 or Tradejini 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 Tradejini 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
Tradejini 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.
Tradejini Review | Wisdom Capital Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Discount Broker |
Incorporated In the Year | 2012 | 2013 |
Number of branches across India | 1 | 250 |
Exchanges | BSE, NSE, MCX and MCX SX | NSE, BSE, MCX – SX, MCX and USE |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹695 (get ₹300 off by Opening Account through Us) | ₹0 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹300 | ₹0 |
Demat Account Annual Maintenance Charges | ₹300 | ₹999 Lifetime |
Transaction Charges | Tradejini Transaction Charges | Wisdom Capital Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹20 per executed order or 0.10% of Turnover whichever is lower | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
Intraday Delivery | ₹20 per executed order or 0.01% of Turnover whichever is lower | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
Equity Futures | ₹20 per executed order or 0.01% of Turnover whichever is lower | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
Equity Options | ₹20 per executed order | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
Currency Futures | ₹20 per executed order or 0.01% of Turnover whichever is lower | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
Currency Options | ₹20 per executed order | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
Commodity | ₹20 per executed order or 0.01% of Turnover whichever is lower | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
Brokerage Calculator | Tradejini Brokerage Calculator | Wisdom Capital Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 20 Times for Intraday, & No leverage for Delivery | 5 times to 40 times depending on the Brokerage plan |
Equity Futures | Normally 2.5 times with stop loss upto 5 times | 5 times to 20 times depending on the Brokerage plan |
Equity Options | Buy side – 100% margin ; Sell side – Margin like Futures required. Exposure normal 2.5 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 | Upto 3 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) | NEST, NSE Now, NSE Mobile Trading App | NEST, NSE NOW, BOLT |
Total BSE+NSE Complaints | 9 | 63 |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Tradejini Vs Wisdom Capital for the benefits of other readers? Please feel free to share in the comments below.
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
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