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.
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
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
Charge | Edelweiss | Wisdom 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) |
Charge | Edelweiss | Wisdom Capital |
---|---|---|
Plan Name | Lite Plan | Ultimate Plan |
Equity Delivery | ₹10 per executed order | 0.007% |
Equity Intraday | ₹10 per executed order | 0.007% |
Equity Futures | ₹10 per executed order | 0.005%\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 Options | N/A | 0.005% |
Mutual Fund | N/A | N/A |
Segment | Edelweiss | Wisdom Capital |
---|---|---|
Equity Delivery | Upto 10x | 5x to 40x (as per brokerage plan) |
Equity Intraday | Upto 40x | 5x to 40x (as per brokerage plan) |
Equity Future | 40x | 5x to 20x (as per brokerage plan) |
Equity Options | Nil | 5x to 40x (as per brokerage plan) |
Currency Future | 1.5x | 4x to 15x (as per brokerage plan) |
Currency Options | Nil | 4x to 15x (as per brokerage plan) |
Commodity Future | Upto 6x | 5x to 20x (as per brokerage plan) |
Commodity Options | N/A | N/A |