IDBI Capital Vs Wisdom Capital (Compare IDBI Capital and Wisdom Capital)
The side-by-side comparison of IDBI Capital and Wisdom Capital. Compare IDBI Capital Vs Wisdom Capital brokerage, charges, exposure margin, demat account. Read Wisdom Capital and IDBI Capital review.
Find out IDBI Capital Vs Wisdom Capital which is better and IDBI Capital Vs Wisdom Capital which is best.
Our IDBI Capital Markets and Securities Ltd comparison with Wisdom Capital highlights the major differences between two brokers. Find the best between IDBI Capital and Wisdom Capital.
IDBI Capital Vs Wisdom Capital
IDBI Capital
Wisdom Capital
Find more info about broker
About the Broker
Incorporated in December 1993, IDBI Capital Markets and Securities Ltd. (IDBI Capital), is a wholly owned subsidiary of IDBI Bank Ltd. IDBI Capital offers online trading in Equities, F&O, Mutual Funds, and IPOs etc. It also distributes Third Part...
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, NSDL
BSE, NSE, MCX, NCDEX
Account Type
Standard Plan
Pro Plan
Broker Enquiry
Year of Incorporation
1993
2013
Number of Branches
14
250
Enquire IDBI Capital
Enquire Wisdom Capital
IDBI Capital Vs Wisdom Capital Charges
IDBI Capital
Wisdom Capital
Trading Account Opening Fees
₹500
₹0
Trading Account AMC
NIL
₹0
Demat Account Opening Fees
NIL
₹0 (Free)
Demat Account AMC
₹450
₹999 (Lifetime)
Demat Account is Mandatory?
No
No
IDBI Capital Vs Wisdom Capital Brokerage
Brokerage Plan 1
IDBI Capital
Wisdom Capital
Account Type
Standard Plan
Pro Plan
Fixed Charges
Equity Delivery Brokerage
0.50%
₹9 per executed order
Equity Intraday Brokerage
0.05%
₹9 per executed order
Equity Futures Brokerage
0.05%
₹9 per executed order
Equity Options Brokerage
₹100 per lot
₹9 per executed order
Currency Futures Trading Brokerage
NA
₹9 per executed order
Currency Options Trading Brokerage
NA
₹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
IDBI Capital
Wisdom Capital
Account Type
Ace Trader Plan
Freedom Plan
Fixed Charges
₹999 per month per segment
Equity Delivery Brokerage
0.10% to 0.50%
₹0
Equity Intraday Brokerage
0.020% to 0.050%
₹0
Equity Futures Brokerage
0.020% to 0.048%
₹0
Equity Options Brokerage
₹100 per lot
₹0
Currency Futures Trading Brokerage
₹0
Currency Options Trading Brokerage
₹0
Commodity Futures Trading Brokerage
₹0
Commodity Options Trading Brokerage
₹0
Other Charges
Minimum Brokerage Charges
₹25 per trade or 2.5% of the trade value whichever is lower.
Other Brokerage Charges
Call & Trade Charges
Nil
₹20 per executed order
IDBI Capital Vs Wisdom Capital Taxes
IDBI Capital
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.
IDBI Capital Vs Wisdom Capital Transaction Charges
IDBI Capital
Wisdom Capital
Equity Delivery
0.00325%
0.0035%
Equity Intraday
0.00325%
0.0035%
Equity Futures
0.0019%
0.0028%
Equity Options
0.051% on premium
0.06% (on premium)
Currency Futures
NA
Currency Options
NA
Commodity
NA
0.0025%
IDBI Capital Vs Wisdom Capital Exposure Margin
IDBI Capital
Wisdom Capital
Equity Delivery
Nil
5x to 40x (dependent on brokerage plan)
Equity Intraday
Upto 4x
5x to 40x (dependent on brokerage plan)
Equity Futures
Nil
5x to 20x (dependent on brokerage plan)
Equity Options
Nil
5x to 40x (dependent on brokerage plan)
Currency Futures
Nil
4x to 15x (dependent on brokerage plan)
Currency Options
Nil
4x to 15x (dependent on brokerage plan)
Commodity Futures
Nil
5x to 20x (dependent on brokerage plan)
Commodity Options
IDBI Capital and Wisdom Capital Feature Comparison
IDBI Capital
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
Power Pro, Power Streaming, IDBI Direct
NEST
Intraday Square-off Time
3:00 PM
Other Features
Morning Report, Equity SIP, Investment Guide
Referral Program
IDBI Capital Vs Wisdom Capital Review
IDBI Capital
Wisdom Capital
37 Customer Reviews
27 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
IDBI Capital is Rated 2.8 / 5 based on 37 customer reviews Wisdom Capital is Rated 3.6 / 5 based on 27 customer reviews
IDBI Capital Vs Wisdom Capital Investment Options
IDBI Capital
Wisdom Capital
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
IDBI Capital Vs Wisdom Capital Customer Service
IDBI Capital
Wisdom Capital
24/7 Customer Service
Onine Live Chat
Through Branches
IDBI Capital Vs Wisdom Capital Order Type Offered
IDBI Capital
Wisdom Capital
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
IDBI Capital Vs Wisdom Capital Research Report
IDBI Capital
Wisdom Capital
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
IDBI Capital Vs Wisdom Capital Suitable For Investor Type
IDBI Capital
Wisdom Capital
Casual Investor
Active Investor
Trader
IDBI Capital Vs Wisdom Capital - Advantages and Disadvantages
IDBI Capital
Wisdom Capital
Pros
- Prepaid plans are available for volume traders.
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
- Additional charge of ₹2000 per year for installable trading platform.
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