Wisdom Capital Vs IIFL Securities
Wisdom Capital
Wisdom Capital Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, We can also review Wisdom Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Wisdom Capital Vs IIFL Securities - Broker Details
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2013 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 54+ | 2000+ |
| Brokerage | ₹9/ Trade | ₹20/ Order |
| Broker Type | Discount Broker | Full Service Broker |
Wisdom Capital Vs IIFL Securities - Account Opening & AMC Charges
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹999 + taxes (For Lifetime) | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Wisdom Capital Vs IIFL Securities - Brokerage charges & Plans
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Commodity Futures | ₹9/ Trade | ₹20/ Order |
| Currency Futures | ₹9/ Trade | ₹20/ Order |
| Equity Delivery | ₹9/ Trade | ₹20/ Order |
| Equity Options | ₹9/ Trade | ₹20/ Order |
| Commodity Options | ₹9/ Trade | ₹20/ Order |
| Equity Futures | ₹9/ Trade | ₹20/ Order |
| Currency Options | ₹9/ Trade | ₹20/ Order |
| Fixed Charges | ₹9/ Trade | ₹20/ Order |
| Equity Intraday | 0.01% | ₹20/ Order |
Wisdom Capital Vs IIFL Securities - Other Charges
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | ₹9/ Trade | ₹20/ Order |
| Minimum Brokerage | ₹9/ Trade | ₹20/ Order |
Wisdom Capital Vs IIFL Securities - Transaction Charges
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Currency Options | N/A | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | 0.0028% | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | 0.0035% | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Equity Options | 0.06% (on premium) | NSE: 0.053% on Premium value |
| Commodity | 0.0025% | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | N/A | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | 0.0035% | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
Wisdom Capital Vs IIFL Securities - Margin (Exposure)
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Equity Options | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | Upto 10x | 5x (Up to 20% of trade value) |
| Currency Options | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
Wisdom Capital Vs IIFL Securities - Features
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity Cash: 03:15 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:15 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | • Trade Eye • Nest Trader • Fox Trader • Wisdom Pro Trading App • Wisdom Trade | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Wisdom Capital Vs IIFL Securities - Review & Rating
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Wisdom Capital Vs IIFL Securities - Request a call back from Broker
| Wisdom Capital | IIFL Securities | |
|---|---|---|
Wisdom Capital Vs IIFL Securities - Investment Options
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Wisdom Capital Vs IIFL Securities - Order Type
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Wisdom Capital Vs IIFL Securities - Research & Report
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Wisdom Capital Vs IIFL Securities - Daily Market Report
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Daily Market Reports & News |
|
|
Wisdom Capital Vs IIFL Securities - Suitable For Investor
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Wisdom Capital Vs IIFL Securities - Pros & Cons
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Pros | • Provide facility to invest in almost all segments; equity, derivative, currency, commodity and mutual fund. • You can trade in BSE, NSE and MCX. • Offers semi and fully automated algo trading. • Free trading software. • Different unlimited validity plans available for all kind of traders. • 100% paperless account opening facility. • Free demat account. • Handsome leverage in every segment. | 1. It is a full-service broker that has an extended network of branches to guide and help the customers online as well as offline. 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. It provides the best trading terminal to its customers. 4. It has a vast range of financial products that includes stocks, derivatives, bonds, IPO, Mutual Funds, Corporate FDs and Insurance. 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Equity Systematic Investment Plan I.e. Equity SIP. 7. It provides advanced order type like Valid till Date (VTD). |
| Cons | • You can not invest in IPO by using this platform. • It does not provide the facility to invest in US stocks. | 1. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account since IIFL does not have banking license. 3. It does not provide the facility of Mutual funds. |
Wisdom Capital Vs IIFL Securities - Background
| Wisdom Capital | IIFL Securities | |
|---|---|---|
Wisdom Capital Vs IIFL Securities - Compare All Brokers
| Wisdom Capital | IIFL Securities | |
|---|---|---|
Wisdom Capital Vs IIFL Securities - STT/CTT
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sell |
| Equity Options | 0.05% only on sell | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% only on sell | 0.01 % on Sell |
| Commodity Options | 0.05% on sell trade | 0.05% on Sell Side |
Wisdom Capital Vs IIFL Securities - Demat transaction charges
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Wisdom Capital Vs IIFL Securities - GST
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Wisdom Capital Vs IIFL Securities - SEBI Charges
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Wisdom Capital Vs IIFL Securities - Account Opening & AMC Charges
Wisdom Capital
IIFL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹999 + taxes (For Lifetime)
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC
₹0 (Free)
₹0 (Free)
Wisdom Capital Vs IIFL Securities
IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Wisdom Capital Vs IIFL Securities - Brokerage charges & Plans
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Commodity Futures | ₹9/ Trade | ₹20/ Order |
| Currency Futures | ₹9/ Trade | ₹20/ Order |
| Equity Delivery | ₹9/ Trade | ₹20/ Order |
| Equity Options | ₹9/ Trade | ₹20/ Order |
| Commodity Options | ₹9/ Trade | ₹20/ Order |
| Equity Futures | ₹9/ Trade | ₹20/ Order |
| Currency Options | ₹9/ Trade | ₹20/ Order |
| Fixed Charges | ₹9/ Trade | ₹20/ Order |
| Equity Intraday | 0.01% | ₹20/ Order |
| Call Back Open Account |
Wisdom Capital Vs IIFL Securities - Margin (Exposure)
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Equity Options | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | Upto 10x | 5x (Up to 20% of trade value) |
| Currency Options | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
Wisdom Capital Vs IIFL Securities - Other Charges
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | ₹9/ Trade | ₹20/ Order |
| Minimum Brokerage | ₹9/ Trade | ₹20/ Order |
Wisdom Capital Vs IIFL Securities - STT/CTT
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sell |
| Equity Options | 0.05% only on sell | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% only on sell | 0.01 % on Sell |
| Commodity Options | 0.05% on sell trade | 0.05% on Sell Side |
Wisdom Capital Vs IIFL Securities - Demat transaction charges
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Wisdom Capital Vs IIFL Securities - GST
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Wisdom Capital Vs IIFL Securities - SEBI Charges
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Wisdom Capital Vs IIFL Securities - Features
| Wisdom Capital | IIFL Securities | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity Cash: 03:15 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:15 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | • Trade Eye • Nest Trader • Fox Trader • Wisdom Pro Trading App • Wisdom Trade | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|