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
Interactive Brokers, found in 1978 is currently one of the biggest discount brokers in the world. Naturally, the broker is regulated by different financial authorities according to the country, including UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC), and India’s Securities and Exchange Board of India (SEBI). It has presence over a number of countries worldwide!
A one-stop solution for Indian residents interested in investing both in the Indian as well as the global markets.
Interactive Brokers has business on over 135 market destinations worldwide, where they provide service of trading stocks, options, futures, forex, fixed income and funds worldwide, executing about 1,746,000 trades per day.
Interactive Brokers has its headquarters in Greenwich, Connecticut. It functions with over 1400 employees in a number of countries like the USA, Switzerland, Canada, India, Hong Kong, UK, Australia, Hungary, Russia, Japan, China and Estonia.
In India, the
Charge | Wisdom Capital | Interactive Brokers |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹0 | ₹0 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹999 (Lifetime Account) | ₹0 |
Charge | Wisdom Capital | Interactive Brokers |
---|---|---|
Plan Name | Ultimate Plan | N/A |
Equity Delivery | 0.007% | Minimum ₹6 and Upto ₹20 per executed order |
Equity Intraday | 0.007% | Minimum ₹6 and Upto ₹20 per executed order |
Equity Futures | 0.005%\t | Minimum ₹6 and Upto ₹20 per executed order |
Equity Options | ₹ 15/Lot | Minimum ₹6 and Upto ₹20 per executed order |
Currency Futures | ₹9 per executed order | Minimum ₹6 and Upto ₹20 per executed order |
Currency Options | ₹9 per executed order | Minimum ₹6 and Upto ₹20 per executed order |
Commodity Options | 0.005% | N/A |
Mutual Fund | N/A | N/A |
Segment | Wisdom Capital | Interactive Brokers |
---|---|---|
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 |
Wisdom Capital | Interactive Brokers |
---|---|
No data |