Wisdom Capital vs Trade Smart Online 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 Trade Smart Online
Trade Smart is a well-known name in India’s Stock Broking industry, which is ranks well among the famous discount brokers in India.
Trade Smart: An Overview
Trade Smart is a Mumbai based broking firm, incorporated in 1994 by VNS Finance and Capital Ltd. It is the ideal spot for investors and traders looking for high margins with low brokerages and the fast trading platform.
Trade Smart began with the vision to offer a smart and consistent trading experience to users through their various services and trading platforms. From that point forward, Trade Smart has left no efforts in utilizing innovative technology solutions for easement customers in trading.
They have a daily trade value of Rs. 2500 crore with more than 17000 spangling customer base, which is growing day by day, providing their best facilities and national presence. Also, they have their branches at numerous locations across the nation, supported by no not exactly
Wisdom Capital vs Trade Smart Online Account Opening Charges: 2024
| Charge | Wisdom Capital | Trade Smart Online |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹200 |
| Trading Acc Opening Charges | ₹0 | ₹200 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹999 (Lifetime Account) | ₹300 |
Wisdom Capital vs Trade Smart Online Brokerage Charges and Plans : 2024
| Charge | Wisdom Capital | Trade Smart Online |
|---|---|---|
| Plan Name | Ultimate Plan | Power Trading Plan |
| Equity Delivery | 0.007% | ₹15 per executed order |
| Equity Intraday | 0.007% | ₹15 per executed order |
| Equity Futures | 0.005%\t | ₹15 per executed order |
| Equity Options | ₹ 15/Lot | ₹15 per executed order |
| Currency Futures | ₹9 per executed order | ₹15 per executed order |
| Currency Options | ₹9 per executed order | ₹15 per executed order |
| Commodity Options | 0.005% | ₹15 per executed order |
| Mutual Fund | N/A | N/A |
Wisdom Capital vs Trade Smart Online Margin / Exposure: 2024
| Segment | Wisdom Capital | Trade Smart Online |
|---|---|---|
| Equity Delivery | 5x to 40x (as per brokerage plan) | 1x (No Margin) |
| Equity Intraday | 5x to 40x (as per brokerage plan) | Upto 30x |
| Equity Future | 5x to 20x (as per brokerage plan) | MIS: 3X | BO: 7X | CO: 7X |
| Equity Options | 5x to 40x (as per brokerage plan) | MIS: 3X | BO: 7X | CO: 7X |
| Currency Future | 4x to 15x (as per brokerage plan) | MIS: 3X | BO: 3X | CO: 3X |
| Currency Options | 4x to 15x (as per brokerage plan) | MIS: 3X |
| Commodity Future | 5x to 20x (as per brokerage plan) | MIS: 2X | BO: 6X | CO: 6X |
| Commodity Options | N/A | N/A |