Chittorgarh.com
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 Full Service Broker Discount Broker
Supported Exchnage BSE, NSE BSE, NSE, MCX, NCDEX
Account Type 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 ₹975 Rs 0
Trading Account AMC ₹0 Rs 0
Demat Account Opening Fees ₹0 Rs 0
Demat Account AMC ₹450 Rs 999 (Lifetime)
Demat Account is Mandatory? 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
Equity Delivery Brokerage 0.55% Rs 9
Equity Intraday Brokerage 0.275% Rs 9
Equity Futures Brokerage 0.05% to 0.03% Rs 9
Equity Options Brokerage ₹95 to ₹35 per lot Rs 9
Currency Futures Trading Brokerage 0.050% to 0.030% Rs 9
Currency Options Trading Brokerage ₹25 to ₹10 per lot Rs 9
Commodity Futures Trading Brokerage NA Rs 9
Commodity Options Trading Brokerage NA

Brokerage Plan 2

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

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 Rs 5555
Equity Delivery Brokerage 0.55% Rs 0
Equity Intraday Brokerage 0.275% Rs 0
Equity Futures Brokerage 0.05% to 0.03% Rs 0
Equity Options Brokerage ₹95 to ₹35 per lot Rs 0
Currency Futures Trading Brokerage 0.050% to 0.030% Rs 0
Currency Options Trading Brokerage ₹25 to ₹10 per lot Rs 0
Commodity Futures Trading Brokerage NA Rs 0
Commodity Options Trading Brokerage NA

Other Charges

Minimum Brokerage Charges ₹35 per trade
Other Brokerage Charges
Call & Trade Charges ₹25 per call after first 20 free calls per month
Expand

Taxes

  ICICI Securities Pvt Ltd. 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)
  • 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 Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty 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 NSE: 0.0031% | BSE: 0.0028% 0.0035%
Equity Intraday NSE: 0.0031% | BSE: 0.0028% 0.0035%
Equity Futures 0.0018% 0.0028%
Equity Options 0.05% on Premium 0.06% (on premium)
Currency Futures 0.0012%
Currency Options 0.05% on Premium
Commodity NA 0.0025%
Expand

Exposure

  ICICI Securities Pvt Ltd. Wisdom Capital
Equity Delivery 5x with Interest 5x to 40x (dependent on brokerage plan)
Equity Intraday Upto 25x 5x to 40x (dependent on brokerage plan)
Equity Futures 4x 5x to 20x (dependent on brokerage plan)
Equity Options 2x for shorting 5x to 40x (dependent on brokerage plan)
Currency Futures NA 4x to 15x (dependent on brokerage plan)
Currency Options NA 4x to 15x (dependent on brokerage plan)
Commodity NA 5x to 20x (dependent on brokerage plan)
Expand

Share Broker Features

  ICICI Securities Pvt Ltd. Wisdom Capital
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No
SMS Alerts No Yes
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App NEST
Intraday Square-off Time 3:30 PM
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Expand

Broker Ratings (Average User Rating)

  ICICI Securities Pvt Ltd. Wisdom Capital
  400 Customer Reviews    Rate ICICIDirect 21 Customer Reviews    Rate Wisdom Capital
Fees Ratings 2.3 3.8
Trading Brokerage Rating 1.7 4.2
Trading Platform Usability 3.4 3.2
Customer Service Ratings 2.8 3.1
Overall Ratings Rated 2.4 stars Rated 3.4 stars
Broker Rating ICICIDirect is Rated 2.4 / 5 based on 400 customer reviews Wisdom Capital is Rated 3.4 / 5 based on 21 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 Yes No
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS
Expand

Customer Service Offered

  ICICI Securities Pvt Ltd. Wisdom Capital
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes No
Expand

Order Type

  ICICI Securities Pvt Ltd. Wisdom Capital
Bracket Order No No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
Expand

Research / Tips / Reports Published

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

Suitable for Investor Category

  ICICI Securities Pvt Ltd. Wisdom Capital
Casual Investor Yes
Active Investor
Trader

Expand

Pros, Cons and Other Review Comments

  ICICI Securities Pvt Ltd. Wisdom Capital
Pros
  • 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
  • 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
Promo / Offers

ICICI 3-in-1 Account

ICICI Direct offers a 3-in-1 account, a combination of saving bank, trading and demat account. It offers one-click investment in Equity, Derivatives, Mutual Funds, IPO, ETF, Life Insurance, General Insurance, Currency, and Fixed Deposits.

Interested in opening a trading account? Request Callback from a stock broker.

Enquire about ICICIDirect Enquire about Wisdom Capital
Compare More Brokers



Message Board

Stock Message Board


Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App