IIFL Vs Wisdom Capital (Compare IIFL and Wisdom Capital)

The side-by-side comparison of IIFL and Wisdom Capital. Compare IIFL Vs Wisdom Capital brokerage, charges, exposure margin, demat account. Read Wisdom Capital and IIFL review.

Find out IIFL Vs Wisdom Capital which is better and IIFL Vs Wisdom Capital which is best.

Our IIFL Securities Limited comparison with Wisdom Capital highlights the major differences between two brokers. Find the best between IIFL and Wisdom Capital.

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IIFL Vs Wisdom Capital

  IIFL Wisdom Capital
Find more info about broker
IIFL Securities Limited Logo Wisdom Capital Logo
About the Broker Incorporated in 1995, India Infoline (IIFL) is the brokerage firm of India Infoline Group, a fastest growing financial services solution provider in India. India Infoline is listed on BSE (532636) and NSE (INDIAINFO) for securities trading. IIFL off... Know more about IIFL Securities Limited 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 NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Account Type Standard Account Pro Plan
Broker Enquiry Open an Online Trading Account with IIFL. 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.
Year of Incorporation 1996 2013
Number of Branches 900 250
Enquire IIFL Enquire Wisdom Capital
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IIFL Vs Wisdom Capital Charges

  IIFL Wisdom Capital
Trading Account Opening Fees ₹750 ₹0
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹555 ₹0 (Free)
Demat Account AMC ₹ 400 (One time) ₹999 (Lifetime)
Demat Account is Mandatory? No No
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IIFL Vs Wisdom Capital Brokerage

Brokerage Plan 1

  IIFL Wisdom Capital
Account Type Standard Account 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 1% of Premium or ₹100 per lot whichever is high ₹9 per executed order
Currency Futures Trading Brokerage ₹25 per lot ₹9 per executed order
Currency Options Trading Brokerage 1% of Premium or ₹100 per lot whichever is high ₹9 per executed order
Commodity Futures Trading Brokerage 0.05% ₹9 per executed order
Commodity Options Trading Brokerage ₹9 per executed order
Special Offer
Special Offer: Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer

Brokerage Plan 2

  IIFL Wisdom Capital
Account Type Standard Account Freedom Plan
Fixed Charges ₹999 per month per segment
Equity Delivery Brokerage 0.50% ₹0
Equity Intraday Brokerage 0.05% ₹0
Equity Futures Brokerage 0.05% ₹0
Equity Options Brokerage 1% of Premium or ₹100 per lot whichever is high ₹0
Currency Futures Trading Brokerage ₹25 per lot ₹0
Currency Options Trading Brokerage 1% of Premium or ₹100 per lot whichever is high ₹0
Commodity Futures Trading Brokerage 0.05% ₹0
Commodity Options Trading Brokerage ₹0

Other Charges

Minimum Brokerage Charges ₹0.05 per share
Other Brokerage Charges Advisory SMS - ₹50 per month
Call & Trade Charges ₹50 per call ₹20 per executed order
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IIFL Vs Wisdom Capital Taxes

  IIFL Wisdom Capital
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% 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.
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IIFL Vs Wisdom Capital Transaction Charges

  IIFL Wisdom Capital
Equity Delivery 0.00325% 0.0035%
Equity Intraday 0.00325% 0.0035%
Equity Futures 0.0021% 0.0028%
Equity Options 0.051% on premium 0.06% (on premium)
Currency Futures 0.0021%
Currency Options 0.051% on premium
Commodity 0.0028% 0.0025%
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IIFL Vs Wisdom Capital Exposure Margin

  IIFL Wisdom Capital
Equity Delivery Upto 3x with 18% interest per year 5x to 40x (dependent on brokerage plan)
Equity Intraday Upto 20x 5x to 40x (dependent on brokerage plan)
Equity Futures Upto 3x 5x to 20x (dependent on brokerage plan)
Equity Options 3x for shorting 5x to 40x (dependent on brokerage plan)
Currency Futures Upto 2x 4x to 15x (dependent on brokerage plan)
Currency Options 2x for shorting 4x to 15x (dependent on brokerage plan)
Commodity Futures Upto 3x 5x to 20x (dependent on brokerage plan)
Commodity Options
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IIFL and Wisdom Capital Feature Comparison

  IIFL Wisdom Capital
3 in 1 Account No No
Charting Yes Yes
Automated Trading
SMS Alerts Yes Yes
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Available Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform TT Exe, TT Web, IIFL Markets NEST
Intraday Square-off Time
Other Features Market Mantra, Loyalty Points
Referral Program
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IIFL Vs Wisdom Capital Review

  IIFL Wisdom Capital
  108 Customer Reviews    Rate IIFL 28 Customer Reviews    Rate Wisdom Capital
Fees 2.9 4.1
Trading Brokerage 2.6 4.3
Trading Platform Usability 3.3 3.4
Customer Service 2.7 3.5
Research Capabilities 3.0 4.0
Overall Ratings Rated 2.7 stars Rated 3.6 stars
Broker Rating IIFL is Rated 2.7 / 5 based on 108 customer reviews Wisdom Capital is Rated 3.6 / 5 based on 28 customer reviews
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Contact Broker / Request A Call Back

  IIFL Enquire Wisdom Capital Enquire
Contact Broker

Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer

Leave your contact information and we will get in touch with you....

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IIFL Vs Wisdom Capital Investment Options

  IIFL Wisdom Capital
Stock / Equity Yes No
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD No
Debt Yes No
Other Investment Options
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IIFL Vs Wisdom Capital Customer Service

  IIFL Wisdom Capital
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes No
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IIFL Vs Wisdom Capital Order Type Offered

  IIFL Wisdom Capital
Bracket Order No No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No
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IIFL Vs Wisdom Capital Research Report

  IIFL Wisdom Capital
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes No
News Alerts Yes No
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IIFL Vs Wisdom Capital Suitable For Investor Type

  IIFL Wisdom Capital
Casual Investor Yes
Active Investor
Trader
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IIFL Vs Wisdom Capital - Advantages and Disadvantages

  IIFL Wisdom Capital
Pros
  1. 4000+ branches in 900+ cities make them your neighborhood broker.
  2. Being a full service broker, they offer wide range of financial products and services.
  3. IIFL offers Systematic Investment Plan in Equity, Commodity and Mutual Fund.
  4. India Infoline Ltd is a publicly traded company listed at BSE and NSE.

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
  1. SMS alerts at additional ₹249 per month
  2. Demat debit charges is 0.05% (Minimum ₹15 - Maximum ₹100) per debit transaction. Demat credit charges is NIL.
  3. India Infoline doesn't provide 3-in-1 account.

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 Open IIFL Demat & Trading Account & Save upto ₹1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer
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