Geojit Vs Wisdom Capital (Compare Geojit and Wisdom Capital)

Geojit Vs Wisdom Capital

Incorporated in 1987, Geojit is a Full Service Broker. It offers trading at BSE, NSE, MCX-SX. It has 509 branches across India. Incorporated in 2013, Wisdom Capital is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 250 branches across India.

	Geojit	Wisdom Capital
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX-SX	BSE, NSE, MCX, NCDEX
Year of Incorporation	1987	2013
Number of Branches	509	250
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Geojit Vs Wisdom Capital Charges & AMC

Geojit trading account opening charges is Rs 425 while Wisdom Capital account opening changes is Rs 0. Geojit Demat Account AMC Charges is Rs 700 and Wisdom Capital Demat Account AMC Charges is Rs 999 (Lifetime).

	Geojit	Wisdom Capital
Trading Account Opening Charges	Rs 425	Rs 0
Trading Account AMC Charges	NIL	Rs 0
Demat Account Opening Charges	NIL	Rs 0 (Free)
Demat Account AMC Charges	Rs 700	Rs 999 (Lifetime)

Geojit Vs Wisdom Capital Brokerage

Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas Wisdom Capital brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order.

	Geojit	Wisdom Capital
Account Type	Online Trading	Pro Plan
Fixed Charges
Equity Delivery	0.30%	Rs 9 per executed order
Equity Intraday	0.03%	Rs 9 per executed order
Equity Futures	0.03%	Rs 9 per executed order
Equity Options	Rs 125 per contract	Rs 9 per executed order
Currency Futures	0.03%	Rs 9 per executed order
Currency Options	Rs 125 per contract	Rs 9 per executed order
Commodity Futures	NA	Rs 9 per executed order
Commodity Options	NA	Rs 9 per executed order
Special Offer

Geojit Vs Wisdom Capital Brokerage Plan 2

	Geojit	Wisdom Capital
Account Type	Online Trading	Freedom Plan
Fixed Charges		Rs 999 per month per segment
Equity Delivery	0.30%	Rs 0
Equity Intraday	0.03%	Rs 0
Equity Futures	0.03%	Rs 0
Equity Options	Rs 125 per contract	Rs 0
Currency Futures	0.03%	Rs 0
Currency Options	Rs 125 per contract	Rs 0
Commodity Futures	NA	Rs 0
Commodity Options	NA	Rs 0
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Geojit Charges Vs Wisdom Capital

Minimum Brokerage	1p per share or Rs 20/contract whichever is higher
Other Charges
Call & Trade Charges		Rs 20 per executed order

Geojit Vs Wisdom Capital Transaction Charges

Geojit transaction charges for options is Rs 5500 per Cr (0.05%) while Wisdom Capital exchange transaction charges for options is 0.06% (on premium).

	Geojit	Wisdom Capital
Equity Delivery	Rs 325 per Cr (0.00325%)	0.0035%
Equity Intraday	Rs 325 per Cr (0.00325%)	0.0035%
Equity Futures	Rs 210 per Cr (0.0021%)	0.0028%
Equity Options	Rs 5500 per Cr (0.05%)	0.06% (on premium)
Currency Futures	Rs 145 per Cr (0.00145%)
Currency Options	Rs 4730 per Cr (0.0473%) on premium
Commodity	NA	0.0025%
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Geojit Vs Wisdom Capital Leverage (Margin)

Geojit margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Wisdom Capital margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Geojit	Wisdom Capital
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Geojit and Wisdom Capital Features

The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. Wisdom Capital offers NEST trading software.

	Geojit	Wisdom Capital
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
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
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Geojit Vs Wisdom Capital Review

Geojit is rated 3.7 of 5 based on 102 customer reviews whereas Wisdom Capital is rated 3.6 of 5 based on 30 customer reviews.

	Geojit	Wisdom Capital
	102 Customer Reviews	30 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Geojit is rated 3.7 of 5 based on 102 customer reviews	Wisdom Capital is rated 3.6 of 5 based on 30 customer reviews

Geojit Vs Wisdom Capital Investment Options

	Geojit	Wisdom Capital
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

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)
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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 - Pros and Cons

	Geojit	Wisdom Capital
Pros		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.
Cons	1. Very high Options trading brokerage charges. Geojit charges Rs 125 per contract for Intraday Options and Rs 150 per contract for Options carry forward positions. 2. Geojit charges minimum brokerage of Rs 20 per Contract or 1 paisa per share whichever is higher. 3. Paper contract note by post cost additional Rs 20 per Contract or 5 paisa per share whichever is higher.	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.
Reviews
Promo / Offers
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