Prabhudas Lilladher vs Wisdom Capital Comparison: 2024
About Prabhudas Lilladher
Have you heard or read about "Prabhudas Lilladher Pvt.Ltd." a popular stock broking firm in India.
PL India: Formation & Glimpse
Shahrukh Khan is a legend in the Indian film industry. We all know his name and movies irrespective of our age and liking. Did you know that there are legendary pioneers in financial markets as well?
That brings us to today’s topic, "Prabhudas Lilladher".
Let us start by answering the first question: Who is Prabhudas Lilladher?
Prabhudas Lilladher or more popularly known as PL India is one of the oldest stockbroking houses in India. The company was registered in the year 1944 by Prabhudas Lilladher as a stock broking company in India.
But, over the years the company has seen a gradual growth and expanded to become a one-stop-shop for companies all financial needs.
The company’s headquarters is at Mumbai but it has spread its presence in over 30+ cities of India.
Moreover, PL India is
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
Prabhudas Lilladher vs Wisdom Capital Account Opening Charges: 2024
| Charge | Prabhudas Lilladher | Wisdom Capital |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹0 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹250, free for 1st year | ₹999 (Lifetime Account) |
Prabhudas Lilladher vs Wisdom Capital Brokerage Charges and Plans : 2024
| Charge | Prabhudas Lilladher | Wisdom Capital |
|---|---|---|
| Plan Name | N/A | Ultimate Plan |
| Equity Delivery | 0.2% | 0.007% |
| Equity Intraday | 0.02% | 0.007% |
| Equity Futures | 0.02% | 0.005%\t |
| Equity Options | 0.02% | ₹ 15/Lot |
| Currency Futures | 0.02% to 0.01% | ₹9 per executed order |
| Currency Options | ₹15 per Lot | ₹9 per executed order |
| Commodity Options | 0.02% | 0.005% |
| Mutual Fund | N/A | N/A |
Prabhudas Lilladher vs Wisdom Capital Margin / Exposure: 2024
| Segment | Prabhudas Lilladher | Wisdom Capital |
|---|---|---|
| Equity Delivery | N/A | 5x to 40x (as per brokerage plan) |
| Equity Intraday | N/A | 5x to 40x (as per brokerage plan) |
| Equity Future | N/A | 5x to 20x (as per brokerage plan) |
| Equity Options | N/A | 5x to 40x (as per brokerage plan) |
| Currency Future | N/A | 4x to 15x (as per brokerage plan) |
| Currency Options | N/A | 4x to 15x (as per brokerage plan) |
| Commodity Future | N/A | 5x to 20x (as per brokerage plan) |
| Commodity Options | N/A | N/A |