Wisdom Capital Vs Upstox
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.
Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.
Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.
Wisdom Capital Vs Upstox - Broker Details
Wisdom Capital | Upstox | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 2013 | 2009 |
Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
Branches | 54+ | Zero |
Brokerage | ₹9/ Trade | ₹20/ Order or 0.05% (Whichever is lower) |
Broker Type | Discount Broker | Discount Broker |
Call Back Open Account |
Wisdom Capital Vs Upstox - Account Opening & AMC Charges
Wisdom Capital | Upstox | |
---|---|---|
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) |
Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Call Back Open Account |
Wisdom Capital Vs Upstox - Brokerage charges & Plans
Wisdom Capital | Upstox | |
---|---|---|
Commodity Futures | ₹9/ Trade | ₹20/ Order or 0.05% (whichever is lower) |
Currency Futures | ₹9/ Trade | ₹20/ Order or 0.05% (whichever is lower) |
Equity Delivery | ₹9/ Trade | ₹20/ Order or 2.5% (whichever is lower) |
Equity Options | ₹9/ Trade | ₹20/ Order |
Commodity Options | ₹9/ Trade | ₹20/ Order |
Equity Futures | ₹9/ Trade | ₹20/ Order or 0.05% (whichever is lower) |
Currency Options | ₹9/ Trade | ₹20/ Order |
Fixed Charges | ₹9/ Trade | ₹20/ Order |
Equity Intraday | 0.01% | ₹20/ Order or 0.05% (whichever is lower) |
Call Back Open Account |
Wisdom Capital Vs Upstox - Other Charges
Wisdom Capital | Upstox | |
---|---|---|
RMS Square Off Charge | N/A | (₹50 + GST) |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | ₹20/ Order | (₹50 + GST) |
Other Brokerage Charges | ₹9/ Trade | ₹20/ Order or 0.05% ( Whichever is lower) |
Minimum Brokerage | ₹9/ Trade | ₹20/ Order |
Call Back Open Account |
Wisdom Capital Vs Upstox - Transaction Charges
Wisdom Capital | Upstox | |
---|---|---|
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: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
Equity Intraday | 0.0035% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Equity Options | 0.06% (on premium) | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
Commodity | 0.0025% | Non-Agri: Exchange turnover charge: 0.0026% |
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: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Call Back Open Account |
Wisdom Capital Vs Upstox - Margin (Exposure)
Wisdom Capital | Upstox | |
---|---|---|
Equity Options | Upto 2x | Option Sell: 1x | Option Buying: No Margin |
Equity Intraday | Upto 10x | 5x (Up to 20% of trade value) |
Currency Options | Upto 2x | 1x (100% of NRML margins(SPAN + Exposure) |
Commodity Options | Upto 2x | Option Sell: 1x | Option Buying: No Margin |
Commodity Futures | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
Equity Delivery | 1x (no margin) | 1x (no margin) |
Currency Futures | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
Equity Futures | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
Call Back Open Account |
Wisdom Capital Vs Upstox - Features
Wisdom Capital | Upstox | |
---|---|---|
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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM |
Trading Platform | • Trade Eye • Nest Trader • Fox Trader • Wisdom Pro Trading App • Wisdom Trade | 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |
Wisdom Capital Vs Upstox - Review & Rating
Wisdom Capital | Upstox | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Call Back Open Account |
Wisdom Capital Vs Upstox - Request a call back from Broker
Wisdom Capital | Upstox | |
---|---|---|
Call Back Open Account |
Wisdom Capital Vs Upstox - Investment Options
Wisdom Capital | Upstox | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account |
Wisdom Capital Vs Upstox - Order Type
Wisdom Capital | Upstox | |
---|---|---|
Bracket Order/BO/OCO | ||
BTST | ||
Cover Order/CO | ||
Good Till Cancelled (GTC) | ||
BUY ABOVE/SELL BELOW (SL-M) | ||
After Market Order(AMO) | ||
STBT | ||
Call Back Open Account |
Wisdom Capital Vs Upstox - Research & Report
Wisdom Capital | Upstox | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account |
Wisdom Capital Vs Upstox - Daily Market Report
Wisdom Capital | Upstox | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account |
Wisdom Capital Vs Upstox - Suitable For Investor
Wisdom Capital | Upstox | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account |
Wisdom Capital Vs Upstox - Pros & Cons
Wisdom Capital | Upstox | |
---|---|---|
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.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. |
Cons | • You can not invest in IPO by using this platform. • It does not provide the facility to invest in US stocks. | 1. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. |
Call Back Open Account |
Wisdom Capital Vs Upstox - Background
Wisdom Capital | Upstox | |
---|---|---|
Call Back Open Account |
Wisdom Capital Vs Upstox - Compare All Brokers
Wisdom Capital | Upstox | |
---|---|---|
Call Back Open Account |
Wisdom Capital Vs Upstox - STT/CTT
Wisdom Capital | Upstox | |
---|---|---|
Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell trade (Non-Agri) |
Currency Futures | No STT | No STT |
Equity Intraday | 0.025% only on sell | 0.025% only on sell |
Equity Options | 0.05% only on sell | 0.05% only on sell |
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% only on sell |
Commodity Options | 0.05% on sell trade | 0.05% on sell trade |
Call Back Open Account |
Wisdom Capital Vs Upstox - Demat transaction charges
Wisdom Capital | Upstox | |
---|---|---|
Equity Demat Transaction Charges | ₹15 + Gst per scrip | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Call Back Open Account |
Wisdom Capital Vs Upstox - GST
Wisdom Capital | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Call Back Open Account |
Wisdom Capital Vs Upstox - SEBI Charges
Wisdom Capital | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Call Back Open Account |
Wisdom Capital Vs Upstox - Account Opening & AMC Charges
Wisdom Capital Vs Upstox
Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.
Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.
Wisdom Capital Vs Upstox - Brokerage charges & Plans
Wisdom Capital | Upstox | |
---|---|---|
Commodity Futures | ₹9/ Trade | ₹20/ Order or 0.05% (whichever is lower) |
Currency Futures | ₹9/ Trade | ₹20/ Order or 0.05% (whichever is lower) |
Equity Delivery | ₹9/ Trade | ₹20/ Order or 2.5% (whichever is lower) |
Equity Options | ₹9/ Trade | ₹20/ Order |
Commodity Options | ₹9/ Trade | ₹20/ Order |
Equity Futures | ₹9/ Trade | ₹20/ Order or 0.05% (whichever is lower) |
Currency Options | ₹9/ Trade | ₹20/ Order |
Fixed Charges | ₹9/ Trade | ₹20/ Order |
Equity Intraday | 0.01% | ₹20/ Order or 0.05% (whichever is lower) |
Call Back Open Account |
Wisdom Capital Vs Upstox - Margin (Exposure)
Wisdom Capital | Upstox | |
---|---|---|
Equity Options | Upto 2x | Option Sell: 1x | Option Buying: No Margin |
Equity Intraday | Upto 10x | 5x (Up to 20% of trade value) |
Currency Options | Upto 2x | 1x (100% of NRML margins(SPAN + Exposure) |
Commodity Options | Upto 2x | Option Sell: 1x | Option Buying: No Margin |
Commodity Futures | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
Equity Delivery | 1x (no margin) | 1x (no margin) |
Currency Futures | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
Equity Futures | Upto 2x | 1x (100% of NRML margin (Span + Exposure) |
Call Back Open Account |
Wisdom Capital Vs Upstox - Other Charges
Wisdom Capital | Upstox | |
---|---|---|
RMS Square Off Charge | N/A | (₹50 + GST) |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | ₹20/ Order | (₹50 + GST) |
Other Brokerage Charges | ₹9/ Trade | ₹20/ Order or 0.05% ( Whichever is lower) |
Minimum Brokerage | ₹9/ Trade | ₹20/ Order |
Wisdom Capital Vs Upstox - STT/CTT
Wisdom Capital | Upstox | |
---|---|---|
Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell trade (Non-Agri) |
Currency Futures | No STT | No STT |
Equity Intraday | 0.025% only on sell | 0.025% only on sell |
Equity Options | 0.05% only on sell | 0.05% only on sell |
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% only on sell |
Commodity Options | 0.05% on sell trade | 0.05% on sell trade |
Wisdom Capital Vs Upstox - Demat transaction charges
Wisdom Capital | Upstox | |
---|---|---|
Equity Demat Transaction Charges | ₹15 + Gst per scrip | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Wisdom Capital Vs Upstox - GST
Wisdom Capital | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Wisdom Capital Vs Upstox - SEBI Charges
Wisdom Capital | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Wisdom Capital Vs Upstox - Features
Wisdom Capital | Upstox | |
---|---|---|
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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM |
Trading Platform | • Trade Eye • Nest Trader • Fox Trader • Wisdom Pro Trading App • Wisdom Trade | 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |