Looking for Low Brokerage, High Margin & Free Tips?
Wisdom Capital Vs Composite Edge
| | Broker Comparison, Trading | No Comments
Wisdom Capital Vs Composite Edge 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.
Wisdom Capital Vs Composite Edge Comparison
Here is a point by point comparison of Wisdom Capital Vs Composite Edge.
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.
Composite Edge started way back in 1994 but recently pivoted to discount broking a few years back. Based out of Bengaluru, Composite edge is known for its incentivization towards heavy brokers with its brokerage charges getting lower for heavy traders.
Discount brokers such as Composite Edge or Wisdom Capital offer trading services at much cheaper brokerage rates and reasonable customer service. It can become very difficult to decide between two discount brokers who are almost similar in their propositions but still are different in areas that can make or break for customers.
To make things easy for you, we have listed out the comparison between Wisdom Capital Vs Composite Edge 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
Wisdom Capital Vs Composite Edge 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.
 |  | |
| Composite Edge Review | Wisdom Capital Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 1994 | 2013 |
| Number of branches across India | 1 | 250 |
| Exchanges | BSE, NSE, MCX-SX and MCX | NSE, BSE, MCX – SX, MCX and USE |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹350 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹50 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹300 | ₹999 Lifetime |
| Transaction Charges | Composite Edge Transaction Charges | Wisdom Capital Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹18 or 0.06% whichever is lower | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Intraday Delivery | ₹18 or 0.006% whichever is lower | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Equity Futures | ₹18 or 0.006% whichever is lower | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Equity Options | ₹18 or 0.006% whichever is lower | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Currency Futures | ₹18 or 0.006% whichever is lower | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Currency Options | ₹18 or 0.006% whichever is lower | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Commodity | ₹18 or 0.006% whichever is lower | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Brokerage Calculator | Composite Edge Brokerage Calculator | Wisdom Capital Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 5 times Intraday | 5 times to 40 times depending on the Brokerage plan |
| Equity Futures | Upto 3 times for Intraday | 5 times to 20 times depending on the Brokerage plan |
| Equity Options | Buying no Leverage, shorting upto 3 times for Intraday | 5 times to 40 times depending on the Brokerage plan |
| Currency Futures | Upto 2 times for Intraday | 4 times to 15 times depending on the Brokerage plan |
| Currency Options | Buying no Leverage, shorting upto 2 times for Intraday | 4 times to 15 times depending on the Brokerage plan |
| Commodities | Upto 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) | NOW, Now Online, NSE Mobile | NEST, NSE NOW, BOLT |
| Total BSE+NSE Complaints | 5 | 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 Wisdom Capital Vs Composite Edge 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.
Also, check out some of the other stockbroker comparisons you might be interested in.
In case you are looking to open a Demat account, get started by entering basic details below:
Summary
Reviewer
A Digital Blogger
Date
Broker Name
Wisdom Capital Vs Composite Edge
Overall Rating
