Wisdom Capital vs Marwadi Shares Comparison: 2024
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:
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Freedom Plan
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Pro Plan
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Ultimate Plan (Designed specifically for HNI i.e.high-net worth individuals and offers high leverage)
However, the biggest attraction is its
About Marwadi Shares
Marwadi Shares and Finance Ltd. is a financial service provider company operating in the financial markets for almost 3 decades. This full-service brokerage company is one of the leading in India that has been ranked amongst the top 10 in the BSE ratings multiple times.
Marwadi Shares: Overview
Marwadi Shares is a Gujarat based broking firm facilitating broking as well as Wealth management services. They are spread across 104 branches nationwide and employ more than 1400 authorized sub-brokers assisting a client base of 4 lakh plus. Founded in 1992 by Pranav M. Shah, Marwadi Shares and Finance Ltd. is affiliated and licensed to trade in NSE, BSE, NCDEX, MCX security exchanges. The company is also a Depository Participant of NCDL and CDSL.
It facilitates trading in a wide segment of securities ranging from equity, derivatives, currency to mutual Funds, and insurance. They cater to the needs of retail as well as an
Wisdom Capital vs Marwadi Shares Account Opening Charges: 2024
| Charge | Wisdom Capital | Marwadi Shares |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹0 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹999 (Lifetime Account) | ₹450 per year or one time fee of ₹2500 |
Wisdom Capital vs Marwadi Shares Brokerage Charges and Plans : 2024
| Charge | Wisdom Capital | Marwadi Shares |
|---|---|---|
| Plan Name | Ultimate Plan | N/A |
| Equity Delivery | 0.007% | 0.30% |
| Equity Intraday | 0.007% | 0.06% |
| Equity Futures | 0.005%\t | 0.02% |
| Equity Options | ₹ 15/Lot | ₹100 per lot |
| Currency Futures | ₹9 per executed order | 0.02% |
| Currency Options | ₹9 per executed order | ₹100 per lot |
| Commodity Options | 0.005% | 0.02% |
| Mutual Fund | N/A | N/A |
Wisdom Capital vs Marwadi Shares Margin / Exposure: 2024
| Segment | Wisdom Capital | Marwadi Shares |
|---|---|---|
| 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 |