Free Trading + Demat Account

ICICIDirect Vs Wisdom Capital Share Broker Comparison

The side-by-side comparison of ICICI Securities Pvt Ltd. and Wisdom Capital stock brokers in India. The comparison below highlights the similarities and differences between ICICIDirect and Wisdom Capital's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among ICICIDirect and Wisdom Capital.

  ICICI Securities Pvt Ltd. Wisdom Capital
 
ICICI Securities Pvt Ltd. Logo Wisdom Capital Logo
About the Broker ICICIdirect is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group... Know more about ICICI Securities Pvt Ltd. Incorporated in 2013, Wisdom Capital is an online discount brokerage firm offering brokerage services for stocks, future and options, currency and commodities on NSE, BSE, MCX & NCDEX. Wisdom Capital Group offers broker assisted trade execution an... Know more about Wisdom Capital
Type of Broker What is this parameter? Full Service Broker Discount Broker
Supported Exchnage What is this parameter? BSE, NSE BSE, NSE, MCX, NCDEX
Account Type What is this parameter? 3-in-1 Account (I-Secure Plan) Rs 9 per trade plan
Broker Enquiry Open an Online Trading Account with ICICIDirect. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Wisdom Capital. Leave your contact info and we will get in touch with you.
Expand

Stock Broker Fees / Charges

  ICICI Securities Pvt Ltd. Wisdom Capital
Trading Account Opening Fees What is this parameter? Rs 975 Rs 0
Trading Account AMC What is this parameter? NIL Rs 0
Demat Account Opening Fees What is this parameter? NIL Rs 0
Demat Account AMC What is this parameter? Rs 600 Rs 700 + taxes
Demat Account is Mandatory? What is this parameter? No No
Expand

Trading Brokerage Charges

Brokerage Plan 1

  ICICI Securities Pvt Ltd. Wisdom Capital
Account Type 3-in-1 Account (I-Secure Plan) Rs 9 per trade plan
Fixed Charges What is this parameter?
Equity Delivery Brokerage What is this parameter? 0.55% Rs 9
Equity Intraday Brokerage What is this parameter? 0.275% Rs 9
Equity Futures Brokerage What is this parameter? 0.05% to 0.03% Rs 9
Equity Options Brokerage What is this parameter? Rs 95 to Rs 35 per lot Rs 9
Currency Futures Trading Brokerage What is this parameter? 0.050% to 0.030% Rs 9
Currency Options Trading Brokerage What is this parameter? Rs 25 to Rs 10 per lot Rs 9
Commodity Trading Brokerage What is this parameter? NA Rs 9

Brokerage Plan 2

  ICICI Securities Pvt Ltd. Wisdom Capital
Account Type I-Saver Plan Rs 999 per month plan
Fixed Charges What is this parameter? Rs 999
Equity Delivery Brokerage What is this parameter? 0.75% to 0.25% Rs 0
Equity Intraday Brokerage What is this parameter? 0.75% to 0.25% Rs 0
Equity Futures Brokerage What is this parameter? 0.05% to 0.03% Rs 0
Equity Options Brokerage What is this parameter? Rs 95 to Rs 65 per lot Rs 0
Currency Futures Trading Brokerage What is this parameter? 0.05% to 0.03% Rs 0
Currency Options Trading Brokerage What is this parameter? Rs 95 to Rs 65 per lot Rs 0
Commodity Trading Brokerage What is this parameter? NA Rs 0

Brokerage Plan 3

  ICICI Securities Pvt Ltd. Wisdom Capital
Account Type 3-in-1 Account (I-Secure Plan) Rs 5555 per year plan
Fixed Charges What is this parameter? Rs 5555
Equity Delivery Brokerage What is this parameter? 0.55% Rs 0
Equity Intraday Brokerage What is this parameter? 0.275% Rs 0
Equity Futures Brokerage What is this parameter? 0.05% to 0.03% Rs 0
Equity Options Brokerage What is this parameter? Rs 95 to Rs 35 per lot Rs 0
Currency Futures Trading Brokerage What is this parameter? 0.050% to 0.030% Rs 0
Currency Options Trading Brokerage What is this parameter? Rs 25 to Rs 10 per lot Rs 0
Commodity Trading Brokerage What is this parameter? NA Rs 0

Other Charges

Minimum Brokerage Charges What is this parameter? Rs 35 per trade
Other Brokerage Charges What is this parameter?
Call & Trade Charges What is this parameter?
Expand

Taxes

  ICICI Securities Pvt Ltd. Wisdom Capital
Securities Transaction Tax (STT) What is this parameter?
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges What is this parameter? Check table below Check table below
SEBI Charges What is this parameter? Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) What is this parameter? 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty What is this parameter? Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
Expand

Transaction Charges

  ICICI Securities Pvt Ltd. Wisdom Capital
Equity Delivery What is this parameter? NSE: 0.0031% | BSE: 0.0028% 0.0035%
Equity Intraday What is this parameter? NSE: 0.0031% | BSE: 0.0028% 0.0035%
Equity Futures What is this parameter? 0.0018% 0.0028%
Equity Options What is this parameter? 0.05% on Premium 0.06% (on premium)
Currency Futures What is this parameter? 0.0012%
Currency Options What is this parameter? 0.05% on Premium
Commodity What is this parameter? NA 0.0025%
Expand

Exposure

  ICICI Securities Pvt Ltd. Wisdom Capital
Equity Delivery What is this parameter?
Equity Intraday What is this parameter?
Equity Futures What is this parameter?
Equity Options What is this parameter?
Currency Futures What is this parameter?
Currency Options What is this parameter?
Commodity What is this parameter?
Expand

Share Broker Features

  ICICI Securities Pvt Ltd. Wisdom Capital
3 in 1 Account What is this parameter? Yes No
Mobile Trading What is this parameter? Yes Yes
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? No
After Trading Hour Orders What is this parameter? Yes
Good Till Cancelled (GTC) What is this parameter? Yes
SMS Alerts What is this parameter? No Yes
Online Demo What is this parameter? Yes No
Online Portfolio What is this parameter? Yes Yes
Margin Trading Funding Available What is this parameter? No Yes
Combined Ledger for Equity and Commodity What is this parameter?
Trading Platform What is this parameter? Trade Racer NEST
Intraday Square-off Time What is this parameter?
Other Features What is this parameter?
Expand

Broker Ratings (Average User Rating)

  ICICI Securities Pvt Ltd. Wisdom Capital
  348 Customer Reviews    Rate ICICIDirect 10 Customer Reviews    Rate Wisdom Capital
Fees Ratings 2.3 4.4
Trading Brokerage Rating 1.8 4.4
Trading Platform Usability 3.4 3.6
Customer Service Ratings 2.8 3.7
Overall Ratings Rated 2.4 stars Rated 4.0 stars
Broker Rating ICICIDirect is Rated 2.4 / 5 based on 348 customer reviews Wisdom Capital is Rated 4.0 / 5 based on 10 customer reviews
Expand

Contact Broker / Request A Call Back

  ICICI Securities Pvt Ltd. Wisdom Capital
Contact / Request Call Back
Expand

Investment Options Available

  ICICI Securities Pvt Ltd. Wisdom Capital
Stock / Equity What is this parameter? Yes No
Commodity What is this parameter? No Yes
Currency What is this parameter? Yes Yes
Initial Public Offers (IPO) What is this parameter? Yes No
Mutual Funds What is this parameter? Yes No
Bond / NCD What is this parameter? Yes No
Debt What is this parameter? Yes No
Other Investment Options What is this parameter?
Expand

Customer Service Offered

  ICICI Securities Pvt Ltd. Wisdom Capital
24/7 Customer Service What is this parameter? No No
Email Support What is this parameter? Yes Yes
Onine Live Chat What is this parameter? No Yes
Phone Support What is this parameter? Yes Yes
Toll Free Number What is this parameter? No Yes
Through Branches What is this parameter? Yes No
Expand

Research / Tips / Reports Published

  ICICI Securities Pvt Ltd. Wisdom Capital
Daily Market Report What is this parameter? Yes Yes
Free Tips What is this parameter? Yes Yes
Quarterly Result Analysis What is this parameter? Yes No
News Alerts What is this parameter? Yes No
Expand

Suitable for Investor Category

  ICICI Securities Pvt Ltd. Wisdom Capital
Casual Investor What is this parameter? Yes
Active Investor What is this parameter?
Trader What is this parameter?

Expand

Pros, Cons and Other Review Comments

  ICICI Securities Pvt Ltd. Wisdom Capital
Pros What is this parameter?
  • Offers 3-in-1 account which makes stock market investment very easy for casual investors.
  • Wide range of investment options available under one portal.
  • Provides a low bandwidth website which works well where internet connection is slow.
  • GTC (good till cancellation) and off-market hours order placement facility is very useful.

More Advantages...

  1. Trade all market segments i.e. NSE Cash, F&O, Currency and MCX Commodities with single trading terminal.
  2. Monthly unlimited trading plans available for trading at NSE, BSE and MCX.
  3. Trading Software's including website, mobile app and installable trading terminals are available for free.
  4. No minimum brokerage.
  5. They allow to trade Nifty with 3000, Crude with 3000 & Mega Gold with 9000 margins.
  6. They offers semi & fully automated Algo trading.

More Advantages...

Cons What is this parameter?
  • ICICI Security charges highest brokerage in comparison to most of the retail brokers in India.
  • Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hours of trading.
  • Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750.
  • Demat Account is mandatory.
  • Commodity trading is not available for retail investors.
  • Call & trade cost extra Rs 25 per call after first 20 free calls in a month.

More Disadvantages...

  • Wisdom Capital doesn't offer 3-in-1 account.
  • Wisdom Capital doesn't offer facility to invest in IPO, FPO, Mutual Funds, FDs, NCDs and Offer For Sale (OFS).
  • Algo trading is available with additional charges at Rs 550/pm for semi automated trading.

More Disadvantages...

Reviews What is this parameter?
Promo / Offers What is this parameter?
Enquire about ICICIDirect Enquire about Wisdom Capital
Compare More Brokers
special_offers
By Popular Stock Brokers

Intraday @ 0.02%
Delivery @ 0.15%

Rs 0 account opening fee
(Rs 400 waived)


Request Demo

Flat Rs 20 Per Trade
Free Equity Delivery Trades

Rs 100 off on account opening*

Enquire Now
(* on online account opening)

ProStocks Reivew
ProStocks
Flat Fee Broker

Rs 899 Unlimited Equity
Rs 499 Unlimited Curr
or Rs 15 per Trade

Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty

FREE Trading + Demat Acct

Beginner, seasoned investor, active trader or HNI. Get customised solutions.

Rs 0 account opening fee on Online Trading + Demat Acct
(Rs 1150 waived)

Request Call Back

RKSV Discount Broker Review  RKSV

Ditch & Switch

Switch to RKSV and earn brokerage credit of Rs 2000

Get RKSV Trading Account



More About Brokers

Special Offers Broker Reports

Message Board

Stock Message Board


Search Chittorgarh.com:

Translate Chittorgarh.com: