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Wisdom Capital Complaints

Wisdom Capital Detail

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 and automated online investing on all the stocks in BSE and NSE. They provide tools like charting, live data etc either free of cost or at a minimal price for making informed decisions and substantial gains. Wisdom Capital offers precious metal futu... Know more about Wisdom Capital

Complaint against Wisdom Capital Broker

Wisdom Capital brokerage complaints report provide detail about the number of complaints received by the stock exchanges from the Wisdom Capital customers. The Wisdom Capital complaints report analyzes the Wisdom Capital online complaint data provided by BSE and NSE. This report shows the health of the broker.

These complaints are serious grievances against Wisdom Capital broker which the broker and customer failed to resolve. The customer then filed these legal complaints with the stock exchange.

The Wisdom Capital complaint no. report also provides Wisdom Capital’s number of active clients. This shows the growth of the broker year on year.

Wisdom Capital Complaints

Exchange Financial Year Total Complaints Active Clients
NSE 2021-22 4 7,433
NSE 2020-21 14 8,017
NSE 2019-20 17 7,120
NSE 2018-19 14 5,038
NSE 2017-18 9 3,607
NSE 2016-17 5 2,243
NSE 2015-16 2 2,271
NSE 2014-15 4 2,340
NSE 2013-14 15 1,979
BSE 2012-13 1 2,976
NSE 2012-13 8 3,282
NSE 2011-12 6 866

Wisdom Capital complaint at NSE

2021-222020-212019-20
Active Clients743380177120
Complaints41417
Resolved through the exchange31313
Non actionable013
Advised / Opted for arbitration000
Pending for redressal with exchange101
No. of arbitration filed by clients12
Decided by arbitrators in favour of the clients12
Decided by the arbitrators00
Pending for redressal with arbitrators00

Wisdom Capital complaint at BSE

2012-13
Active Clients2976
Complaints1
Resolved through the exchange
Non actionable
Advised / Opted for arbitration
Pending for redressal with exchange
No. of arbitration filed by clients
Decided by arbitrators in favour of the clients
Decided by the arbitrators
Pending for redressal with arbitrators

Note:

  • * Including against its sub brokers, authorised persons, employees, etc.
  • ** Non actionable means the complaint that are incomplete / outside the scope of the Stock Exchange

1 Comments

1. Kumar  Oct 23, 2018 12:16 I Like It. | Report Abuse Reply
Don't go with Ashlar securities, they square off your positions without your concern in intraday. I lost more than 1.5 lakhs since they squared off without my concern when the market was fluctuating. Irresponsible people
1.1. Swapnil  Dec 15, 2018 22:21 I Like It. | Report Abuse
Hi, Mr. Kumar. I am Mr. Swapnil ajgaonkar from Mumbai. Something similar had happened with me as well but with Angel-Broking when the time they were giving 40X (times) trading limit. This happens if you have used more trading limit (like 40X times in my case) & your loss is more than 70% (or 80% in some cases). So when your stock is showing a loss of 70% or more they will directly square-off your position as they have to save their money they gave you as the 40X exposure or margin. It's called their RMC or RMS protocol. You can ask an experienced broker about this & he would be able to tell you about it in detail...