Wisdom Capital Vs Choice Broking
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.
Choice Broking
Choice Broking is a full service Broker. Choice Broking Review 2024 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 Choice Broking - Broker Details
| Wisdom Capital | Choice Broking | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2013 | 2010 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | 54+ | 50+ |
| Brokerage | ₹9/ Trade | 0.02% |
| Broker Type | Discount Broker | Full service Broker |
Wisdom Capital Vs Choice Broking - Account Opening & AMC Charges
| Wisdom Capital | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹999 + taxes (For Lifetime) | ₹200+GST ( 2nd Year onwards) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Wisdom Capital Vs Choice Broking - Brokerage charges & Plans
| Wisdom Capital | Choice Broking | |
|---|---|---|
| Commodity Futures | ₹9/ Trade | 0.02% |
| Currency Futures | ₹9/ Trade | 0.02% |
| Equity Delivery | ₹9/ Trade | 0.2% |
| Equity Options | ₹9/ Trade | ₹25/Lot |
| Commodity Options | ₹9/ Trade | ₹50/Lot |
| Equity Futures | ₹9/ Trade | 0.02% |
| Currency Options | ₹9/ Trade | ₹20/Lot |
| Fixed Charges | ₹9/ Trade | 0.02% |
| Equity Intraday | 0.01% | 0.02% |
Wisdom Capital Vs Choice Broking - Other Charges
| Wisdom Capital | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | ₹9/ Trade | ₹25/Lot |
| Minimum Brokerage | ₹9/ Trade | 0.02% |
Wisdom Capital Vs Choice Broking - Transaction Charges
| Wisdom Capital | Choice Broking | |
|---|---|---|
| Currency Options | N/A | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | 0.0028% | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | 0.0035% | NSE/BSE:- 0.00345% |
| Equity Options | 0.06% (on premium) | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | 0.0025% | Future Exchange txn charge:- 0.0026% | Clearing charge: 0.0003% | RMS Charge 0.005% (Only NCDEX) || Option:- Exchange txn charge:- 0.05% | Clearing charge :- 0.002% |
| Currency Futures | N/A | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | 0.0035% | NSE/BSE:- 0.00345% |
Wisdom Capital Vs Choice Broking - Margin (Exposure)
| Wisdom Capital | Choice Broking | |
|---|---|---|
| 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 Choice Broking - Features
| Wisdom Capital | Choice Broking | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | • Trade Eye • Nest Trader • Fox Trader • Wisdom Pro Trading App • Wisdom Trade | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Wisdom Capital Vs Choice Broking - Review & Rating
| Wisdom Capital | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Wisdom Capital Vs Choice Broking - Request a call back from Broker
| Wisdom Capital | Choice Broking | |
|---|---|---|
Wisdom Capital Vs Choice Broking - Investment Options
| Wisdom Capital | Choice Broking | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Wisdom Capital Vs Choice Broking - Order Type
| Wisdom Capital | Choice Broking | |
|---|---|---|
| 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 Choice Broking - Research & Report
| Wisdom Capital | Choice Broking | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Wisdom Capital Vs Choice Broking - Daily Market Report
| Wisdom Capital | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
|
|
Wisdom Capital Vs Choice Broking - Suitable For Investor
| Wisdom Capital | Choice Broking | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Wisdom Capital Vs Choice Broking - Pros & Cons
| Wisdom Capital | Choice Broking | |
|---|---|---|
| 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 offers a broad range of investment products. 2. It has a simple trading platform and offers it to the customers. 3. It offers various multiple AMC plans to its customers that provides lifetime AMC and refundable AMC options. 4. It has a proactive and prompt customer service. 5. It has an instant and paperless demat account opening process. 6. Choice broking has an excellent margin trading facility service to its customers. 7. The research call provided by the brokers has 78% accuracy ratio. |
| Cons | • You can not invest in IPO by using this platform. • It does not provide the facility to invest in US stocks. | 1. The Choice Broker does not allow to open a three-in-one account services to its customers. 2. It has no flexible brokerage plans. 3. The broker does not provide Margin Calculator. 4. It does not provide an in-house trading terminal. |
Wisdom Capital Vs Choice Broking - Background
| Wisdom Capital | Choice Broking | |
|---|---|---|
Wisdom Capital Vs Choice Broking - Compare All Brokers
| Wisdom Capital | Choice Broking | |
|---|---|---|
Wisdom Capital Vs Choice Broking - STT/CTT
| Wisdom Capital | Choice Broking | |
|---|---|---|
| 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 the Sell Side |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Wisdom Capital Vs Choice Broking - Demat transaction charges
| Wisdom Capital | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip | ₹10 + GST per scrip only on sell |
Wisdom Capital Vs Choice Broking - GST
| Wisdom Capital | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Wisdom Capital Vs Choice Broking - SEBI Charges
| Wisdom Capital | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Wisdom Capital Vs Choice Broking - Account Opening & AMC Charges
Wisdom Capital
Choice Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹999 + taxes (For Lifetime)
₹200+GST ( 2nd Year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Wisdom Capital Vs Choice Broking
Choice Broking
Choice Broking is a full service Broker. Choice Broking Review 2024 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 Choice Broking - Brokerage charges & Plans
| Wisdom Capital | Choice Broking | |
|---|---|---|
| Commodity Futures | ₹9/ Trade | 0.02% |
| Currency Futures | ₹9/ Trade | 0.02% |
| Equity Delivery | ₹9/ Trade | 0.2% |
| Equity Options | ₹9/ Trade | ₹25/Lot |
| Commodity Options | ₹9/ Trade | ₹50/Lot |
| Equity Futures | ₹9/ Trade | 0.02% |
| Currency Options | ₹9/ Trade | ₹20/Lot |
| Fixed Charges | ₹9/ Trade | 0.02% |
| Equity Intraday | 0.01% | 0.02% |
Wisdom Capital Vs Choice Broking - Margin (Exposure)
| Wisdom Capital | Choice Broking | |
|---|---|---|
| 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 Choice Broking - Other Charges
| Wisdom Capital | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | ₹9/ Trade | ₹25/Lot |
| Minimum Brokerage | ₹9/ Trade | 0.02% |
Wisdom Capital Vs Choice Broking - STT/CTT
| Wisdom Capital | Choice Broking | |
|---|---|---|
| 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 the Sell Side |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Wisdom Capital Vs Choice Broking - Demat transaction charges
| Wisdom Capital | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip | ₹10 + GST per scrip only on sell |
Wisdom Capital Vs Choice Broking - GST
| Wisdom Capital | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Wisdom Capital Vs Choice Broking - SEBI Charges
| Wisdom Capital | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Wisdom Capital Vs Choice Broking - Features
| Wisdom Capital | Choice Broking | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | • Trade Eye • Nest Trader • Fox Trader • Wisdom Pro Trading App • Wisdom Trade | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|