Looking for Low Brokerage, High Margin & Free Tips?
HDFC Securities Vs Wisdom Capital
| | Broker Comparison, Trading | No Comments
HDFC 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.
HDFC Securities Vs Wisdom Capital Comparison
Here is a point by point comparison of HDFC Securities Vs Wisdom Capital.
HDFC Securities is the equity trading arm of HDFC Bank. It was founded in the year 2000 as a joint venture between HDFC Limited, HDFC Bank Limited and IndOcean E-Securities Holding limited.
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.
On the other hand, Full-service brokers such as HDFC 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 HDFC 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
HDFC Securities 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.
 |  | |
| Wisdom Capital Review | HDFC Securities Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Full Service Broker |
| Incorporated In the Year | 2013 | 2000 |
| Number of branches across India | 250 | 250 |
| Exchanges | NSE, BSE, MCX – SX, MCX and USE | BSE, NSE |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹0 | ₹999 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹999 Lifetime | ₹750 |
| Transaction Charges | Wisdom Capital Transaction Charges | HDFC Securities Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹9 per executed order OR ₹999 per month for Unlimited Trades | 0.5% or INR 25 whichever is higher |
| Intraday Delivery | ₹9 per executed order OR ₹999 per month for Unlimited Trades | 0.1% |
| Equity Futures | ₹9 per executed order OR ₹999 per month for Unlimited Trades | 0.05% or INR 25 whichever is higher |
| Equity Options | ₹9 per executed order OR ₹999 per month for Unlimited Trades | INR 100 per lot |
| Currency Futures | ₹9 per executed order OR ₹999 per month for Unlimited Trades | INR 23 per contract |
| Currency Options | ₹9 per executed order OR ₹999 per month for Unlimited Trades | INR 20 per contract |
| Commodity | ₹9 per executed order OR ₹999 per month for Unlimited Trades | NA |
| Calculate Brokerage | Wisdom Capital Brokerage Calculator | HDFC Securities Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | 5 times to 40 times depending on the Brokerage plan | Upto 20 Times for Intraday & 2 Times for Delivery |
| Equity Futures | 5 times to 20 times depending on the Brokerage plan | NA for Intraday |
| Equity Options | 5 times to 40 times depending on the Brokerage plan | NA for Intraday |
| Currency Futures | 4 times to 15 times depending on the Brokerage plan | NA for Intraday |
| Currency Options | 4 times to 15 times depending on the Brokerage plan | NA for Intraday |
| Commodities | 5 times to 20 times depending on the Brokerage plan | NA |
| 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, BOLT | Blink |
| Total BSE+NSE Complaints | 63 | 88 |
| 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 HDFC Securities 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.
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
HDFC Securities Vs Wisdom Capital
Overall Rating
