Edelweiss vs Wisdom Capital Comparison: 2024

About Edelweiss

Edelweiss Broking Ltd. is a full-time broker company operating in the capital market for more than a decade. It is part of the Edelweiss Group, one of the leading companies that provide financial services in India. It's products and services span multi-asset classes and caters to a diversified set of clients including corporations. individuals and organizations. Claiming to be your wealth advisor, Edelweiss has earned several awards in the category of best broking and digital services over the years.

Edelweiss Broking Ltd: An Overview

Founded back in 1995, The Edelweiss group commenced the commodity trading business in 2008. It is a Mumbai-based share broking company with a client base of 12 lakh spread across 200 locations in India. One of the biggest milestones of Edelweiss was the acquisition of The Jaypee Morgan Asset Management Company(AMC) in 2016. It is a registered broker with the NSE, BSE, MCX and NCDEX exchanges that

About Wisdom Capital

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.

Wisdom Capital: An Overview

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:

  1. Freedom Plan

  2. Pro Plan

  3. Ultimate Plan (Designed specifically for HNI i.e.high-net worth individuals and offers high leverage)

However, the biggest attraction is its

Edelweiss vs Wisdom Capital Account Opening Charges: 2024

ChargeEdelweissWisdom Capital
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹0₹0
Trading Account AMC₹0₹0
Demat Account AMC₹500 p.a. (For 1st year: Free)₹999 (Lifetime Account)

Edelweiss vs Wisdom Capital Brokerage Charges and Plans : 2024

ChargeEdelweissWisdom Capital
Plan NameLite PlanUltimate Plan
Equity Delivery₹10 per executed order0.007%
Equity Intraday₹10 per executed order0.007%
Equity Futures₹10 per executed order0.005%\t
Equity Options₹10 per executed order₹ 15/Lot
Currency Futures₹10 per executed order₹9 per executed order
Currency Options₹10 per executed order₹9 per executed order
Commodity OptionsN/A0.005%
Mutual FundN/AN/A

Edelweiss vs Wisdom Capital Margin / Exposure: 2024

SegmentEdelweissWisdom Capital
Equity DeliveryUpto 10x5x to 40x (as per brokerage plan)
Equity IntradayUpto 40x5x to 40x (as per brokerage plan)
Equity Future40x5x to 20x (as per brokerage plan)
Equity OptionsNil5x to 40x (as per brokerage plan)
Currency Future1.5x4x to 15x (as per brokerage plan)
Currency OptionsNil4x to 15x (as per brokerage plan)
Commodity FutureUpto 6x5x to 20x (as per brokerage plan)
Commodity OptionsN/AN/A

Edelweiss vs Wisdom Capital Currency Charges and Plans: 2024

Edelweiss charge ₹10 per executed order for Currency Futures and ₹10 per executed order for Currency Options whereas Wisdom Capital Charges ₹9 per executed order for Currency futures and ₹9 per executed order for Currency options.
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