Is Wisdom Capital a good discount broker in India?

Short Answer

While looking for a discount brokerage firm for my requirements(Long term investments, intraday investments, F&O investments), I came across Wisdom Capital Discount Broker in India.

Detailed Answer

I wonder if some of you have Wisdom Capital review and if you would have an opinion on Wisdom Capital Vs Zerodha or Upstox, ICICI Securities.

Wisdom Capital Review:

Here are a few things that I found with Wisdom Capital:

  • They support all the segments across BSE, NSE and MCX.-
  • That provides ability for you to trade Stocks, F&Os, Intraday, currencies and commodity.-
  • Wisdom Capital Trading and Demat Account Opening is Free. Lifetime Maintenance Charges are Rs.999 + taxes.-
  • Trading Delivery/ is free at freedom plans and is charged at Rs. 9 per trade or 0.05% in Pro Plan.
  • Pro Plans provide really high leverage for the user (sometimes of the order of 40X as compared to 5-10x of other brokers).

All in All, it seems like that Wisdom Capital broker is good for both normal stock market investor as well as Professional Traders. What do you think? Any reviews will be appreciated.

Tagged With: wisdom capitalwisdom capital review
Comments (1)

    Wisdom Capital also seems to be a decent stock broker. But, I would definitely be inclined more towards Zerodha and 5paisa, if I have to refer someone. Not that, I am promoting them. It's just that after researching a lot, I analysed these two discount brokers 5paisa and Zerodha have done fairly well in the past few years. May it be their services, customer support or trading apps, all have improved massively. Don't you think so?

Related FAQs

Is Wisdom Capital Good, Safe & Reliable Broker for Stock Trading and Investing?

Yes, Wisdom Capital is good, safe, and reliable for all stock trading and investing options. However, weighing in on the lack of trading options and the unjustified charges imposed, it is a cause of worry. But other than this, the broker is reliable enough to execute a trade from the platform.

What are Zerodha Alternatives? Best Discount Brokers in India

Look around and you will find plenty of discount brokers in India. A lot of stock broker options! The different alternatives to Zerodha include 5paisa, Samco, Upstox, Groww, Paytm Money, TradeSmartOnline, and Finvasia, etc. In fact, you can get a whole list of discount brokers offering their services in India.

Is Upstox safe, good & reliable broker for stock trading & investment?

Yes, Upstox is safe, good and a very reliable stock broker for trading and long term investing. Being registered with SEBI, NSE, BSE, MCX and CDSL the stock broker has built a good reputation and a decent customer base over the years.

Is 5paisa safe, good and reliable stock broker for trading?

5paisa happens to be a safe, reliable and trustworthy company. All your investments are safe, and trades can be executed reliably. SEBI is the regulating body that monitors all the activities of stock brokers in India.

Is Finvasia Safe, Good & Reliable Stock Broker for Trading?

Finvasia is as safe and reliable as any other stock broker when it comes to stock trading and investing. It is a relatively new entrant in Indian market, but has established itself in different countries in the past. The activities of all brokers are regularly monitored by SEBI , the apex regulating authority thereby protecting the interest of investors.

Is 5paisa a safe, good and reliable stock broker for trading?

One of the emerging stock brokering company's in the country, 5paisa has been trusted by traders for all the right reasons. Analyse whether its safe and reliable stock broker for stock trading.

Where to invest money for good returns in India? High Return Investments

We all look to earn good returns on the money we invest. Putting money in High return investments is one way of generating better income. The different places to get good returns are mutual funds, equity, and gold investment in India.

Which are Best Full Service Brokers in India? Top List

Full Service Brokers, as the name itself suggests provide a full set of services to their clients. In simple words, full service brokers offer multiple services including personal financial advice, research reports and a relationship manager. This shall be in addition to the buying and selling of shares.

Is Zerodha Safe and Reliable Stock Broker for Trading?

A quick answer to this: Yes, Zerodha is a safe and reliable stock broker for trading and long term investment. You might have heard and read so much about Zerodha, a leading and one of the best discount broker in India. It's just amazing to know about their huge customer base and fast growing company. **Do you ever feel that Is Zerodha safe and reliable stock broker for trading and long term investment?

How is Investar India Software for Technical Analysis?

Investar India claims it to be an India based Stock Market Software, which offers various crucial functionalities such as Fundamental Analysis, Technical Analysis, Portfolio Management, and so on.