Wisdom Capital vs Sharekhan 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 Sharekhan

One of the largest full service broker, Sharekhan is based in Mumbai, and has a client base of more than 17 lakh accounts. Sharekhan, is one of the biggest names in Indian equity and derivative trading and was a pioneer in the field of online trading. Sharekhan’s holding company is BNP Paribas, a Euronext Paris Stock Exchange listed entity with a history in banking. It is regulated by Securities and Exchange Board of India (SEBI).

Sharekhan: Overview

Sharekhan was established in the year 2000 in Mumbai, Maharashtra. Originally, Sharekhan was a subsidiary of SSKI Group and it later got acquired by BNP Paribas Group. Sharekhan’s network is spread over 550 cities. Here, they are spread out in over 1850 offices, with a presence in middle-eastern countries like Oman and UAE.

Sharekhan offers a wide range on investment and advisory services like market news, comprehensive research reports, stock quotes, fundamental and statistical analysis

Wisdom Capital vs Sharekhan Account Opening Charges: 2024

ChargeWisdom CapitalSharekhan
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹0₹0
Trading Account AMC₹0₹0
Demat Account AMC₹999 (Lifetime Account)₹400 (Free for 1st year with trading account)

Wisdom Capital vs Sharekhan Brokerage Charges and Plans : 2024

ChargeWisdom CapitalSharekhan
Plan NameUltimate PlanClassic Account
Equity Delivery0.007%0.50%
Equity Intraday0.007%0.10%
Equity Futures0.005%\t0.10%
Equity Options₹ 15/Lot₹50 per lot
Currency Futures₹9 per executed order0.10%
Currency Options₹9 per executed order₹30 per lot
Commodity Options0.005%0.03%
Mutual FundN/AN/A

Wisdom Capital vs Sharekhan Margin / Exposure: 2024

SegmentWisdom CapitalSharekhan
Equity Delivery5x to 40x (as per brokerage plan)Upto 5x
Equity Intraday5x to 40x (as per brokerage plan)Upto 10x
Equity Future5x to 20x (as per brokerage plan)2x
Equity Options5x to 40x (as per brokerage plan)Nil
Currency Future4x to 15x (as per brokerage plan)Nil
Currency Options4x to 15x (as per brokerage plan)Nil
Commodity Future5x to 20x (as per brokerage plan)Upto 2x
Commodity OptionsN/AN/A

Wisdom Capital vs Sharekhan Currency Charges and Plans: 2024

Wisdom Capital charge ₹9 per executed order for Currency Futures and ₹9 per executed order for Currency Options whereas Sharekhan Charges 0.10% for Currency futures and ₹30 per lot for Currency options.

Wisdom Capital vs Sharekhan Commodity Charges and Plans: 2024

Wisdom Capital charge 0.005% for commodity and Sharekhan charge 0.03% for commodity.
Ask your questions here

Other Comparisons of Wisdom Capital and Sharekhan

Wisdom CapitalSharekhan
Wisdom Capital vs 5paisaSharekhan vs 5paisa
Wisdom Capital vs StoxkartSharekhan vs Stoxkart
Wisdom Capital vs SBIcap SecuritiesSharekhan vs SBIcap Securities
Wisdom Capital vs HDFC SecuritiesSharekhan vs HDFC Securities
Wisdom Capital vs ICICI DirectSharekhan vs ICICI Direct
Wisdom Capital vs Master TrustSharekhan vs Master Trust
Wisdom Capital vs Trading BellsSharekhan vs Trading Bells
Wisdom Capital vs ProStocksSharekhan vs ProStocks
Wisdom Capital vs Reliance SecuritiesSharekhan vs Reliance Securities
Wisdom Capital vs EdelweissSharekhan vs Edelweiss
Wisdom Capital vs FyersSharekhan vs Fyers
Wisdom Capital vs Prabhudas LilladherSharekhan vs Prabhudas Lilladher
Wisdom Capital vs AxisDirectSharekhan vs AxisDirect
Wisdom Capital vs Yes SecuritiesSharekhan vs Yes Securities
Wisdom Capital vs Angel BrokingSharekhan vs Angel Broking
Wisdom Capital vs GrowwSharekhan vs Groww
Wisdom Capital vs Anand RathiSharekhan vs Anand Rathi
Wisdom Capital vs Ventura SecuritiesSharekhan vs Ventura Securities
Wisdom Capital vs Motilal OswalSharekhan vs Motilal Oswal
Wisdom Capital vs IndiabullsSharekhan vs Indiabulls
Wisdom Capital vs FinvasiaSharekhan vs Finvasia
Wisdom Capital vs IIFL SecuritiesSharekhan vs IIFL Securities
Wisdom Capital vs Trade Smart OnlineSharekhan vs Trade Smart Online
Wisdom Capital vs Alice BlueSharekhan vs Alice Blue
Wisdom Capital vs Karvy Stock Broking Ltd.Sharekhan vs Karvy Stock Broking Ltd.
Wisdom Capital vs UpstoxSharekhan vs Upstox
Wisdom Capital vs IDBI DirectSharekhan vs IDBI Direct
Wisdom Capital vs Nirmal BangSharekhan vs Nirmal Bang
Wisdom Capital vs Paytm MoneySharekhan vs Paytm Money
Wisdom Capital vs Marwadi SharesSharekhan vs Marwadi Shares
Wisdom Capital vs Kotak SecuritiesSharekhan vs Kotak Securities
Wisdom Capital vs SAMCOSharekhan vs SAMCO
Wisdom Capital vs ZerodhaSharekhan vs Zerodha