Wisdom Capital vs Motilal Oswal 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:

  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

About Motilal Oswal

A Mumbai based entity, Motilal Oswal is one of the oldest brokerage firms providing various financial services. It has been operating for more than 30 years in this field, established in 1987. Motilal Oswal is a full service broker offering services ranging from trading to portfolio management. It has one of the largest client base in India, harbouring clients from all ends from retail investors to high-net-worth individuals, including but not limited to foreign institutional investors, mutual funds and financial institutions.

Motilal Oswal: Overview

A subsidiary of Motilal Oswal Financial Service Limited, Motilal Oswal Securities Limited is a brokerage firm provides a wide range of trading options, including trading in equity, debt, derivatives and currencies across various stock exchanges like BSE, NSE, NCDEX, MCX. The firm also provides research based reports, in fact it invests about 10% of its revenue in such research practices, and it has published more than 30000

Wisdom Capital vs Motilal Oswal Account Opening Charges: 2024

ChargeWisdom CapitalMotilal Oswal
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹0₹1000 (One-time)
Trading Account AMC₹0₹0
Demat Account AMC₹999 (Lifetime Account)₹299

Wisdom Capital vs Motilal Oswal Brokerage Charges and Plans : 2024

ChargeWisdom CapitalMotilal Oswal
Plan NameUltimate PlanDefault Plan
Equity Delivery0.007%0.50%
Equity Intraday0.007%0.05% (both side)
Equity Futures0.005%\t0.05% (both side)
Equity Options₹ 15/Lot₹100 per lot (both side)
Currency Futures₹9 per executed order₹20 per lot (both side)
Currency Options₹9 per executed order₹20 per lot (both side)
Commodity Options0.005%0.05% (both side)
Mutual FundN/AN/A

Wisdom Capital vs Motilal Oswal Margin / Exposure: 2024

SegmentWisdom CapitalMotilal Oswal
Equity Delivery5x to 40x (as per brokerage plan)4x
Equity Intraday5x to 40x (as per brokerage plan)20x for Margin+ (Over 140 Stocks), Other stocks: 4x
Equity Future5x to 20x (as per brokerage plan)Upto 3x
Equity Options5x to 40x (as per brokerage plan)Nil
Currency Future4x to 15x (as per brokerage plan)N/A
Currency Options4x to 15x (as per brokerage plan)Nil
Commodity Future5x to 20x (as per brokerage plan)Upto 3x
Commodity OptionsN/AN/A

Wisdom Capital vs Motilal Oswal Currency Charges and Plans: 2024

Wisdom Capital charge ₹9 per executed order for Currency Futures and ₹9 per executed order for Currency Options whereas Motilal Oswal Charges ₹20 per lot (both side) for Currency futures and ₹20 per lot (both side) for Currency options.

Wisdom Capital vs Motilal Oswal Commodity Charges and Plans: 2024

Wisdom Capital charge 0.005% for commodity and Motilal Oswal charge 0.05% (both side) for commodity.
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