IIFL Securities Vs Wisdom Capital (Compare IIFL Securities and Wisdom Capital)

IIFL Securities Vs Wisdom Capital

Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 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.

	IIFL Securities	Wisdom Capital
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	NSE, BSE, MCX	BSE, NSE, MCX, NCDEX
Year of Incorporation	1996	2013
Number of Branches	900	250
	Open IIFL Securities Account	Enquire Wisdom Capital

IIFL Securities Vs Wisdom Capital Charges & AMC

IIFL Securities trading account opening charges is Rs 0 (Free) while Wisdom Capital account opening changes is Rs 0. IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year) and Wisdom Capital Demat Account AMC Charges is Rs 999 (Lifetime).

	IIFL Securities	Wisdom Capital
Trading Account Opening Charges	Rs 0 (Free)	Rs 0
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 250 (Free for 1st year)	Rs 999 (Lifetime)

IIFL Securities Vs Wisdom Capital Brokerage

IIFL Securities brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per order whereas Wisdom Capital brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order.

	IIFL Securities	Wisdom Capital
Account Type	iServe	Pro Plan
Fixed Charges	NA
Equity Delivery	Rs 0 (Free)	Rs 9 per executed order
Equity Intraday	Rs 20 per order	Rs 9 per executed order
Equity Futures	Rs 20 per order	Rs 9 per executed order
Equity Options	Rs 20 per order	Rs 9 per executed order
Currency Futures	Rs 20 per order	Rs 9 per executed order
Currency Options	Rs 20 per order	Rs 9 per executed order
Commodity Futures	Rs 20 per order	Rs 9 per executed order
Commodity Options	Rs 20 per order	Rs 9 per executed order
Special Offer	Special Offer: Invest brokerage-free Equity Delivery (truly no brokerage) + Pay flat Rs 20 per trade for Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.

IIFL Securities Vs Wisdom Capital Brokerage Plan 2

	IIFL Securities	Wisdom Capital
Account Type	iServe	Freedom Plan
Fixed Charges	NA	Rs 999 per month per segment
Equity Delivery	Rs 0 (Free)	Rs 0
Equity Intraday	Rs 20 per order	Rs 0
Equity Futures	Rs 20 per order	Rs 0
Equity Options	Rs 20 per order	Rs 0
Currency Futures	Rs 20 per order	Rs 0
Currency Options	Rs 20 per order	Rs 0
Commodity Futures	Rs 20 per order	Rs 0
Commodity Options	Rs 20 per order	Rs 0
	Open IIFL Securities Account	Enquire Wisdom Capital

IIFL Securities Charges Vs Wisdom Capital

Minimum Brokerage
Other Charges	Advisory SMS - Rs 50 per month
Call & Trade Charges	Rs 50 per call	Rs 20 per executed order

IIFL Securities Vs Wisdom Capital Transaction Charges

IIFL Securities transaction charges for options is Rs 5100 per Cr (0.051%) (on premium) while Wisdom Capital exchange transaction charges for options is 0.06% (on premium).

	IIFL Securities	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 5100 per Cr (0.051%) (on premium)	0.06% (on premium)
Currency Futures	Rs 210 per Cr (0.0021%)
Currency Options	Rs 5100 per Cr (0.051%) (on premium)
Commodity	Group A - Rs 280 per Cr (0.0028%)	0.0025%
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IIFL Securities Vs Wisdom Capital Leverage (Margin)

IIFL Securities 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.

	IIFL Securities	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 IIFL Securities and Wisdom Capital Features

The trading platforms offered IIFL Securities include IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App. Wisdom Capital offers NEST trading software.

	IIFL Securities	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	IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App	NEST
Intraday Square-off Time
Other Features
Referral Program
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IIFL Securities Vs Wisdom Capital Review

IIFL Securities is rated 2.7 of 5 based on 118 customer reviews whereas Wisdom Capital is rated 3.6 of 5 based on 30 customer reviews.

	IIFL Securities	Wisdom Capital
	118 Customer Reviews	30 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IIFL Securities is rated 2.7 of 5 based on 118 customer reviews	Wisdom Capital is rated 3.6 of 5 based on 30 customer reviews

IIFL Securities Vs Wisdom Capital Investment Options

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

IIFL Securities Vs Wisdom Capital Order Type Offered

	IIFL Securities	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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IIFL Securities Vs Wisdom Capital Research Report

	IIFL Securities	Wisdom Capital
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

IIFL Securities Vs Wisdom Capital Suitable For Investor Type

	IIFL Securities	Wisdom Capital
Casual Investor
Active Investor
Trader

IIFL Securities Vs Wisdom Capital - Pros and Cons

	IIFL Securities	Wisdom Capital
Pros	Full-service broker offering quality research and recommendations. Brokerage-free equity delivery trading. No brokerage when you buy/sell shares for the long term (take delivery in demat). Flat Rs 20 per trade brokerage for Intraday & F&O. IIFL offers Equity SIP and Mutual Fund SIP. Margin funding is available. IIFL Securities is a publicly-traded company listed at BSE and NSE.	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		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	Free Equity Delivery Trading + Free Account Opening Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday and F&O + Trade with the best rated mobile trading app. This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.
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