Start talking of the list of discount brokerages in India, it gets longer every day. And, this list sounds incomplete without adding Wisdom Capital brokerage firm. Since its inception in 2013, Wisdom Capital, an online brand of Ashlar Group of Companies is one of the fast evolving stock brokers in India. Being a discount broker, it offers a low-brokerage model coupled with advanced online trading facilities.
A popular online discount broker having an offline presence through 250+ franchises offering services in Equity, Futures & Options, commodities at BSE, NSE, MCX and NCDEX. You can trade in various market segments like NSE Cash, F&O, Commodity and Currency. But, you can't invest in IPO, FPO or Mutual funds through this platform.
Wisdom Capital provides 3 different brokerage plans:
Freedom Plan
Pro Plan
Ultimate Plan (Designed specifically for HNI i.e.high-net worth individuals and offers high leverage)
However, the biggest attraction is its
Groww is a leading mutual fund investment platform now widening its wings into the stock investing world as well. So, here we'll have an exclusive Groww Review covering its features, types of Demat account, brokerage plans and much more.
Brokerage firms offer various plans and services to make life in trading as seamless as possible. But for those who are willing to avail these have to open a Demat and trading account. For the same, choosing the appropriate stock broker is very essential. Groww is one of the many stock brokerage firms that offer stock trading opportunities. Let’s have a brief overview of the company and the trading and Demat account it provides.
Groww initially started as a mutual fund investment platform and was launched in 2016 by Lalit Keshre, Harsh Jain, Neeraj Singh and Ishan Bansal. The company offers trading or investment opportunities in mutual funds and
Charge | Wisdom Capital | Groww |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹0 | ₹200 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹999 (Lifetime Account) | ₹300 p.a. (wherein ₹25 charged quarterly) |
Charge | Wisdom Capital | Groww |
---|---|---|
Plan Name | Ultimate Plan | Standard Plan |
Equity Delivery | 0.007% | ₹0 |
Equity Intraday | 0.007% | ₹20 or 0.01% of executed order value |
Equity Futures | 0.005%\t | N/A |
Equity Options | ₹ 15/Lot | N/A |
Currency Futures | ₹9 per executed order | N/A |
Currency Options | ₹9 per executed order | N/A |
Commodity Options | 0.005% | N/A |
Mutual Fund | N/A | N/A |
Segment | Wisdom Capital | Groww |
---|---|---|
Equity Delivery | 5x to 40x (as per brokerage plan) | N/A |
Equity Intraday | 5x to 40x (as per brokerage plan) | N/A |
Equity Future | 5x to 20x (as per brokerage plan) | N/A |
Equity Options | 5x to 40x (as per brokerage plan) | N/A |
Currency Future | 4x to 15x (as per brokerage plan) | N/A |
Currency Options | 4x to 15x (as per brokerage plan) | N/A |
Commodity Future | 5x to 20x (as per brokerage plan) | N/A |
Commodity Options | N/A | N/A |