Wisdom Capital Brokerage Charges and Transaction Charges
Wisdom Capital is a pioneer trading company, incorporated in 2013 as a discount broker of India. Noida-based broker is the online brand of Ashlar Group of companies and it is very famous for its outstanding services and attractive products. Wisdom capital partners enables you to invest in major national exchanges BSE, NSE, MCX and NCDEX. You can invest in almost all segments; equities, derivative, currency, commodity and mutual fund. Wisdom capital asset management does not allow you to invest in IPOs, bonds and NCDs but very soon it will upgrade their services. Wisdom capital brokerage review is very famous for its zero-brokerage plan which enables you to place trading as Wisdom holdings in delivery segments.
Wisdom Capital Brokerage Charges
Pricing Plan
NSE Equities
NSE Future & Options
MCX
Account Opening
Free
Free
Free
Validity
Lifetime
Lifetime
Lifetime
Brokerage
0.01%*
9/- Trade*
9/- Trade*
Intraday Margin (MIS/BO/CO)
Up to 5X
1X
1X
Offline Trading Charges
Rs. 20/- Order + GST
Rs. 20/- Order + GST
Rs. 20/- Order + GST
Free Demat Opening
Yes
Yes
Yes
Demat Maintenance Cost
Lifetime Free with one time charge of 999/-+ GST
Not Applicable
Trading Software
NEST & WISDOM PRO (Web and Mobile Trading)
Brokerage charges in Wisdom Capital is very less to another broker. it provides very attractive leverage and margin exposure in every segment on its platform through which you can trade more and it enables you to buy unaffordable shares and Wisdom capital internationals does not provide its services outside the India.
It offers free trading software and tools such as Wisdom Capital brokerage calculator, margin calculator, trade eye, nest trader, fox trader, Wisdom trade and much more. With hedge fund Wisdom you can trade by using hedging strategy. Through Wisdom capital brokerage charges calculator or individual brokerage account calculator along with the brokerage account withdrawal calculator you can calculate different segments Wisdom capital brokerage charges.
Note–The Freedom Plan has been discontinued and upgraded to Pro Plan with effect from 10 July, 2024.
# Cover Order/Bracket Order/API/Algo Products are not included.
Wisdom Capital Demat Account Charges
Except Wisdom Capital demat account brokerage charges, there are various demat account transaction charges which are as follows.
Transaction
Charges
Account Opening Charges
Nil
Account Maintenance Charges
Rs.999 + taxes (For Lifetime)
Dematerialisation Charges
Rs.3 per certificate + courier charges
Rematerialisation Charges
Rs.15 per request + Rs.30 courier charges
Transaction Charges (Debit)
Rs.10 per instruction
Transaction Charges (Credit)
Nil
Pledge Creation
Rs.25 per instruction
Pledge Closure
Rs.25 per instruction
Pledge Invocation
Rs.25 per instruction
Instruction Book
Rs.15 per book (10 leaves)
Rejection Charges
Rs.15 per instruction
Non-periodic statement
Rs.5 per page
Wisdom Capital Charges and Trading Taxes:
Taxes
Rates
Securities Transaction Tax (STT)
Equity Delivery- 0.1% on both buy & sell
Equity Intraday- 0.025% on sell side
Equity Futures- 0.01% on sell side
Equity Options- 0.05% on sell side (premium)
Commodity Futures- 0.01% on sell side (Non-Agri)
Commodity Options- 0.05% on sell side
Currency F&O- No STT
On exercise transaction- 0.125%
Right to entitlement- 0.05% on sell side
GST
18% on (Brokerage+Transaction+SEBI fee)
SEBI Charges
0.00005% (Rs.5/crore)
Stamp Duty
(On buy side only) Delivery- 0.015%, Intraday- 0.003%, Equity Futures- 0.002%, Equity Options- 0.003% and Currency F&O- 0.0001%
Yes, you can switch your plan, it allows you to change your plan from freedom to pro and ultimate but not allowed to change from ultimate to freedom and pro to freedom.
Yes’ Wisdom Capital is trustworthy broker in 2013 Wisdom Capital came in Stock market. It has registered with major national exchanges BSE, NSE, MCX and NCDEX.
Wisdom Capital is equipped with many unique features such as zero brokerage plan known as Freedom plan, handsome leverage facility in all segment, you can switch from one plan to another.
Yes, Wisdom Capital’s executive will come to collect the form if you choose Pro and Ultimate plan. To request the visit, kindly mail at helpdesk@wisdomcapital.in
NRML refers to when a trader wants to avail the leverage benefits in equity delivery whereas CNC (Cash and Carry) refers to when a trader can buy shares on the behalf of available funds in his/her account.
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