ICICI Direct Vs Wisdom Capital
ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
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.
ICICI Direct Vs Wisdom Capital - Broker Details
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 2013 |
| Exchanges | BSE and NSE. | NSE, BSE, MCX and NCDEX |
| Branches | 250+ | 54+ |
| Brokerage | Prime Plan: ₹900/- | ₹9/ Trade |
| Broker Type | Full service Broker | Discount Broker |
ICICI Direct Vs Wisdom Capital - Account Opening & AMC Charges
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹700 (From 2nd Year) | ₹300 for Neo Customers | ₹999 + taxes (For Lifetime) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
ICICI Direct Vs Wisdom Capital - Brokerage charges & Plans
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹9/ Trade |
| Currency Futures | ₹20/ Order | ₹9/ Trade |
| Equity Delivery | ₹0.09% | ₹9/ Trade |
| Equity Options | ₹20/ Order | ₹9/ Trade |
| Commodity Options | ₹20/ Order | ₹9/ Trade |
| Equity Futures | ₹20/ Order | ₹9/ Trade |
| Currency Options | ₹20/ Order | ₹9/ Trade |
| Fixed Charges | ₹20/ Order | ₹9/ Trade |
| Equity Intraday | ₹20/ Order | 0.01% |
ICICI Direct Vs Wisdom Capital - Other Charges
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | N/A |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹20/ Order |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹9/ Trade |
| Minimum Brokerage | ₹20/ Order | ₹9/ Trade |
ICICI Direct Vs Wisdom Capital - Transaction Charges
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | N/A |
| Equity Futures | NSE: 0.002% | 0.0028% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | 0.0035% |
| Equity Options | NSE: 0.053% | 0.06% (on premium) |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | 0.0025% |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | N/A |
| Equity Delivery | 0.00345% trade on buy & sell | 0.0035% |
ICICI Direct Vs Wisdom Capital - Margin (Exposure)
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | Upto 2x |
| Equity Intraday | 5x (Up to 20% of trade value) | Upto 10x |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | Upto 2x |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | Upto 2x |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | Upto 2x |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | Upto 2x |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | Upto 2x |
ICICI Direct Vs Wisdom Capital - Features
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:15 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:15 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | • Trade Eye • Nest Trader • Fox Trader • Wisdom Pro Trading App • Wisdom Trade |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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ICICI Direct Vs Wisdom Capital - Review & Rating
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
ICICI Direct Vs Wisdom Capital - Request a call back from Broker
| ICICI Direct | Wisdom Capital | |
|---|---|---|
ICICI Direct Vs Wisdom Capital - Investment Options
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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ICICI Direct Vs Wisdom Capital - Order Type
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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ICICI Direct Vs Wisdom Capital - Research & Report
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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ICICI Direct Vs Wisdom Capital - Daily Market Report
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Daily Market Reports & News |
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ICICI Direct Vs Wisdom Capital - Suitable For Investor
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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ICICI Direct Vs Wisdom Capital - Pros & Cons
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Pros | 1. It facilitates its customers by providing an integrated three-in-one account. 2. ICICI direct manages the customer’s demat and bank accounts by transferring the money to the broker’s pool or toward deposits. 3. The investments can be made in online in IPOs, Mutual Funds, GOI Funds and the postal savings schemes all of it from one website. 4. It allows trading at both the national exchanges i.e. NSE and BSE. | • 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. |
| Cons | 1. The brokerage of ICICI direct is high and not negotiable. 2. It does not offer commodity trading. 3. The minimum brokerage as the standard I-Secure plan is ₹20/Order that is high for the traders making small trades. 4. ICICI Direct provides ₹0.05 per share brokerage on the stocks quoting up to ₹10. It becomes difficult to trade in the penny stocks. 5. It charges ₹50 per call for the call and trader after first 20 free calls in a month. | • You can not invest in IPO by using this platform. • It does not provide the facility to invest in US stocks. |
ICICI Direct Vs Wisdom Capital - Background
| ICICI Direct | Wisdom Capital | |
|---|---|---|
ICICI Direct Vs Wisdom Capital - Compare All Brokers
| ICICI Direct | Wisdom Capital | |
|---|---|---|
ICICI Direct Vs Wisdom Capital - STT/CTT
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
ICICI Direct Vs Wisdom Capital - Demat transaction charges
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹15 + Gst per scrip |
ICICI Direct Vs Wisdom Capital - GST
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
ICICI Direct Vs Wisdom Capital - SEBI Charges
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Wisdom Capital - Account Opening & AMC Charges
ICICI Direct
Wisdom Capital
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
₹999 + taxes (For Lifetime)
Trading Account AMC
₹0 (Free)
₹0 (Free)
ICICI Direct Vs Wisdom Capital
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.
ICICI Direct Vs Wisdom Capital - Brokerage charges & Plans
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹9/ Trade |
| Currency Futures | ₹20/ Order | ₹9/ Trade |
| Equity Delivery | ₹0.09% | ₹9/ Trade |
| Equity Options | ₹20/ Order | ₹9/ Trade |
| Commodity Options | ₹20/ Order | ₹9/ Trade |
| Equity Futures | ₹20/ Order | ₹9/ Trade |
| Currency Options | ₹20/ Order | ₹9/ Trade |
| Fixed Charges | ₹20/ Order | ₹9/ Trade |
| Equity Intraday | ₹20/ Order | 0.01% |
| Call Back Open Account |
ICICI Direct Vs Wisdom Capital - Margin (Exposure)
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | Upto 2x |
| Equity Intraday | 5x (Up to 20% of trade value) | Upto 10x |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | Upto 2x |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | Upto 2x |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | Upto 2x |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | Upto 2x |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | Upto 2x |
| Call Back Open Account |
ICICI Direct Vs Wisdom Capital - Other Charges
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | N/A |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹20/ Order |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹9/ Trade |
| Minimum Brokerage | ₹20/ Order | ₹9/ Trade |
ICICI Direct Vs Wisdom Capital - STT/CTT
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
ICICI Direct Vs Wisdom Capital - Demat transaction charges
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹15 + Gst per scrip |
ICICI Direct Vs Wisdom Capital - GST
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
ICICI Direct Vs Wisdom Capital - SEBI Charges
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Wisdom Capital - Features
| ICICI Direct | Wisdom Capital | |
|---|---|---|
| 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:15 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:15 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | • Trade Eye • Nest Trader • Fox Trader • Wisdom Pro Trading App • Wisdom Trade |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |