It is a wholly owned subsidiary of Yes Bank.With Inherited knowledge from its parent company of over 50 years of experience in banking, wealth management, and advisory, Yes Bank securities aimed to become a wealth manager and advisor for its banking clients all over India. They facilitate an in-house team of multi-asset specialists and advisors to direct the client while trading or investing.
Yes Bank had lengthened its arms to offer a complete range of financial products and services catering to the needs of an individual, corporate, and MSMEs. Being a full-service commercial bank it has a pan-India presence overall 28 states and 9 Union territories.
Yes Securities is a SEBI licensed investment advisor and a member of BSE, NSE, MCX, and NCDEX exchanges. Incorporated in 2013, with the claim of 'making investments as easy as booking a cab', Yes Securities provides interactive graphic stock health scores,
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.
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:
Freedom Plan
Pro Plan
Ultimate Plan (Designed specifically for HNI i.e.high-net worth individuals and offers high leverage)
However, the biggest attraction is its
Charge | Yes Securities | Wisdom Capital |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹999 | ₹0 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹500 | ₹999 (Lifetime Account) |
Charge | Yes Securities | Wisdom Capital |
---|---|---|
Plan Name | Invest Value Plan | Ultimate Plan |
Equity Delivery | 0.45% | 0.007% |
Equity Intraday | 0.05% | 0.007% |
Equity Futures | 0.05%, Intraday - 0.02% | 0.005%\t |
Equity Options | ₹75 per lot, Intraday - ₹25 per lot | ₹ 15/Lot |
Currency Futures | 0.05%, Intraday - 0.02% | ₹9 per executed order |
Currency Options | ₹75 per lot, Intraday - ₹25 per lot | ₹9 per executed order |
Commodity Options | N/A | 0.005% |
Mutual Fund | N/A | N/A |
Segment | Yes Securities | 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 |