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
Named after the Founder himself, Anand Rathi is one of the pioneers of stockbrokers in India. It has managed to outrank several competitors over the years and maintain its position as one of the top and most-sought-after stockbrokers. The company is a complete financial solution including services ranging from asset management to insurance and stock trading. Anand Rathi's PAN-India and tech-savvy operations makes them stand out of crowd. They have bagged several awards for the same in the past decades.
The Anand Rathi is a full-service brokerage firm offering insightful research and advice to the traders and investors. Based in Mumbai, the company is a public sector company i.e. listed on the stock exchange. It is spread through a network of 350 branches and more than 1500 franchises in India and some parts of Dubai and Bangkok. They soon aim to expand their global position.
Founded in 1994
Charge | Wisdom Capital | Anand Rathi |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹550 (One time) |
Trading Acc Opening Charges | ₹0 | ₹750 (One time) |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹999 (Lifetime Account) | ₹299 from second year onward |
Charge | Wisdom Capital | Anand Rathi |
---|---|---|
Plan Name | Ultimate Plan | Standard Plan |
Equity Delivery | 0.007% | 0.5% - 0.15% |
Equity Intraday | 0.007% | 0.05% -0.015% |
Equity Futures | 0.005%\t | 0.05% -0.015% |
Equity Options | ₹ 15/Lot | ₹75 to ₹20 |
Currency Futures | ₹9 per executed order | 0.05% -0.015% |
Currency Options | ₹9 per executed order | ₹75 to ₹20 |
Commodity Options | 0.005% | 0.008% - 0.05% |
Mutual Fund | N/A | N/A |
Segment | Wisdom Capital | Anand Rathi |
---|---|---|
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 |