Geojit Vs Wisdom Capital (Compare Geojit and Wisdom Capital)
The side-by-side comparison of Geojit and Wisdom Capital. Compare Geojit Vs Wisdom Capital brokerage, charges, exposure margin, demat account. Read Wisdom Capital and Geojit review.
Find out Geojit Vs Wisdom Capital which is better and Geojit Vs Wisdom Capital which is best.
Our Geojit BNP Paribas comparison with Wisdom Capital highlights the major differences between two brokers. Find the best between Geojit and Wisdom Capital.
Geojit Vs Wisdom Capital
Geojit
Wisdom Capital
Find more info about broker
About the Broker
Incorporated in 1987, Geojit BNP Paribas (Geojit) is one of the major stock brokers based in India. Geojit is based in Kochi, Kerala and has the strong presence in Gulf.
Geojit BNP Paribas is cash equity and derivatives broker with extensive experie...
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...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX-SX
BSE, NSE, MCX, NCDEX
Account Type
Online Trading
Pro Plan
Broker Enquiry
Year of Incorporation
1987
2013
Number of Branches
509
250
Enquire Geojit
Enquire Wisdom Capital
Geojit Vs Wisdom Capital Charges
Geojit
Wisdom Capital
Trading Account Opening Fees
₹425
₹0
Trading Account AMC
NIL
₹0
Demat Account Opening Fees
NIL
₹0 (Free)
Demat Account AMC
₹0
₹999 (Lifetime)
Demat Account is Mandatory?
No
No
Geojit Vs Wisdom Capital Brokerage
Brokerage Plan 1
Geojit
Wisdom Capital
Account Type
Online Trading
Pro Plan
Fixed Charges
Equity Delivery Brokerage
0.30%
₹9 per executed order
Equity Intraday Brokerage
0.03%
₹9 per executed order
Equity Futures Brokerage
0.03%
₹9 per executed order
Equity Options Brokerage
₹125 per contract
₹9 per executed order
Currency Futures Trading Brokerage
0.03%
₹9 per executed order
Currency Options Trading Brokerage
₹125 per contract
₹9 per executed order
Commodity Futures Trading Brokerage
NA
₹9 per executed order
Commodity Options Trading Brokerage
NA
₹9 per executed order
Special Offer
Brokerage Plan 2
Geojit
Wisdom Capital
Account Type
Online Trading
Freedom Plan
Fixed Charges
₹999 per month per segment
Equity Delivery Brokerage
0.30%
₹0
Equity Intraday Brokerage
0.03%
₹0
Equity Futures Brokerage
0.03%
₹0
Equity Options Brokerage
₹125 per contract
₹0
Currency Futures Trading Brokerage
0.03%
₹0
Currency Options Trading Brokerage
₹125 per contract
₹0
Commodity Futures Trading Brokerage
NA
₹0
Commodity Options Trading Brokerage
NA
₹0
Other Charges
Minimum Brokerage Charges
1p per share or ₹20/contract whichever is higher
Other Brokerage Charges
Call & Trade Charges
₹20 per executed order
Geojit Vs Wisdom Capital Taxes
Geojit
Wisdom Capital
Securities Transaction Tax (STT)
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
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Geojit Vs Wisdom Capital Transaction Charges
Geojit
Wisdom Capital
Equity Delivery
₹325 per Cr (0.00325%)
0.0035%
Equity Intraday
₹325 per Cr (0.00325%)
0.0035%
Equity Futures
₹210 per Cr (0.0021%)
0.0028%
Equity Options
₹5500 per Cr (0.05%)
0.06% (on premium)
Currency Futures
₹145 per Cr (0.00145%)
Currency Options
₹4730 per Cr (0.0473%) on premium
Commodity
NA
0.0025%
Geojit Vs Wisdom Capital Exposure Margin
Geojit
Wisdom Capital
Equity Delivery
Upto 7x with 22% interest per year
5x to 40x (dependent on brokerage plan)
Equity Intraday
Upto 10x
5x to 40x (dependent on brokerage plan)
Equity Futures
No additional leverage
5x to 20x (dependent on brokerage plan)
Equity Options
No additional leverage
5x to 40x (dependent on brokerage plan)
Currency Futures
No additional leverage
4x to 15x (dependent on brokerage plan)
Currency Options
No additional leverage
4x to 15x (dependent on brokerage plan)
Commodity Futures
NA
5x to 20x (dependent on brokerage plan)
Commodity Options
Geojit and Wisdom Capital Feature Comparison
Geojit
Wisdom Capital
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
Selfie Platinum, Selfie Gold, Mobile App
NEST
Intraday Square-off Time
Other Features
Referral Program
Geojit Vs Wisdom Capital Review
Geojit
Wisdom Capital
96 Customer Reviews
27 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Geojit is Rated 3.8 / 5 based on 96 customer reviews Wisdom Capital is Rated 3.6 / 5 based on 27 customer reviews
Geojit Vs Wisdom Capital Investment Options
Geojit
Wisdom Capital
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
Geojit Vs Wisdom Capital Customer Service
Geojit
Wisdom Capital
24/7 Customer Service
Onine Live Chat
Through Branches
Geojit Vs Wisdom Capital Order Type Offered
Geojit
Wisdom Capital
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Geojit Vs Wisdom Capital Research Report
Geojit
Wisdom Capital
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Geojit Vs Wisdom Capital Suitable For Investor Type
Geojit
Wisdom Capital
Casual Investor
Active Investor
Trader
Geojit Vs Wisdom Capital - Advantages and Disadvantages
Geojit
Wisdom Capital
Pros
More Advantages...
Trade all market segments i.e. NSE Cash, F&O, Currency and MCX Commodities with single trading terminal.
Monthly unlimited trading plans available for trading at NSE, BSE and MCX.
Trading Software's including website, mobile app and installable trading terminals are available for free.
No minimum brokerage.
They allow to trade Nifty with 3000, Crude with 3000 & Mega Gold with 9000 margins.
They offers semi & fully automated Algo trading.
More Advantages...
Cons
1. Very high Options trading brokerage charges. Geojit charges ₹125 per contract for Intraday Options and ₹150 per contract for Options carry forward positions.
2. Geojit charges minimum brokerage of ₹20 per Contract or 1 paisa per share whichever is higher.
3. Paper contract note by post cost additional ₹20 per Contract or 5 paisa per share whichever is higher. 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 ₹550/pm for semi automated trading.
More Disadvantages...
Reviews
Promo / Offers
Zerodha
Zero Account Opening Fee