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
Supported Exchnages	NSE, BSE, MCX	BSE, NSE, MCX, NCDEX
Account Type	Flat Brokerage Plan (FBP)	Pro Plan
Year of Incorporation	1996	2013
Number of Branches	900	250
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IIFL Securities Vs Wisdom Capital Charges & AMC

IIFL Securities trading account opening charges is ₹750 while Wisdom Capital account opening changes is ₹0. IIFL Securities Demat Account AMC Charges is ₹400 per year and Wisdom Capital Demat Account AMC Charges is ₹999 (Lifetime).

	IIFL Securities	Wisdom Capital
Trading Account Opening Charges	₹750	₹0
Trading Account AMC Charges	₹0	₹0
Demat Account Opening Charges	₹0	₹0 (Free)
Demat Account AMC Charges	₹400 per year	₹999 (Lifetime)

IIFL Securities Vs Wisdom Capital Brokerage

IIFL Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Wisdom Capital brokerage charges for equity is ₹9 per executed order and intraday is ₹9 per executed order.

	IIFL Securities	Wisdom Capital
Account Type	Flat Brokerage Plan (FBP)	Pro Plan
Fixed Charges	NA
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	0.05%	₹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	1% of Premium or ₹100 per lot, whichever is high	₹9 per executed order
Special Offer	Special Offer: Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer

IIFL Securities Vs Wisdom Capital Brokerage Plan 2

	IIFL Securities	Wisdom Capital
Account Type	Variable Brokerage Plan (VBP)	Freedom Plan
Fixed Charges	NA	₹999 per month per segment
Equity Delivery Brokerage	0.15% to 0.60%	₹0
Equity Intraday Brokerage	0.02% to 0.05%	₹0
Equity Futures Brokerage	0.02% to 0.05%	₹0
Equity Options Brokerage	1% to 2.5% of premium or ₹100 per lot, whichever is higher	₹0
Currency Futures Trading Brokerage	0.02% to 0.05%	₹0
Currency Options Trading Brokerage	1% to 2.5% of premium or ₹100 per lot, whichever i	₹0
Commodity Futures Trading Brokerage	0.02% to 0.05%	₹0
Commodity Options Trading Brokerage	1% to 2.5% of premium or ₹100 per lot, whichever i	₹0
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IIFL Securities Vs Wisdom Capital Brokerage Plan 3

	IIFL Securities	Wisdom Capital
Account Type	Advance Brokerage Plan (Prepaid)	Pro Plan
Fixed Charges	₹5,000 to ₹1,00,000
Equity Delivery Brokerage	0.35% to 0.05%	₹9 per executed order
Equity Intraday Brokerage	0.04% to 0.01%	₹9 per executed order
Equity Futures Brokerage	0.04% to 0.01%	₹9 per executed order
Equity Options Brokerage	1% of premium to flat ₹20 per lot	₹9 per executed order
Currency Futures Trading Brokerage	0.04% to 0.01%	₹9 per executed order
Currency Options Trading Brokerage	1% of premium to flat ₹20 per lot	₹9 per executed order
Commodity Futures Trading Brokerage	0.04% to 0.01%	₹9 per executed order
Commodity Options Trading Brokerage	1% of premium to flat ₹20 per lot	₹9 per executed order
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IIFL Securities Charges Vs Wisdom Capital

Minimum Brokerage Charges	₹0.05 per share (₹25 Min)
Other Brokerage Charges	Advisory SMS - ₹50 per month
Call & Trade Charges	₹50 per call	₹20 per executed order

IIFL Securities Vs Wisdom Capital Transaction Charges

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

	IIFL Securities	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 Securities Vs Wisdom Capital Leverage (Margin)

IIFL Securities provides the margin of Upto 20x for intraday trades whereas the Wisdom Capital margin for intraday cash is 5x to 40x (dependent on brokerage plan).

	IIFL Securities	Wisdom Capital
Equity Delivery	Upto 3x (18% Annual Interest)	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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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 Available
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 111 customer reviews whereas Wisdom Capital is rated 3.6 of 5 based on 29 customer reviews.

	IIFL Securities	Wisdom Capital
	111 Customer Reviews	29 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IIFL Securities is rated 2.7 of 5 based on 111 customer reviews	Wisdom Capital is rated 3.6 of 5 based on 29 customer reviews

IIFL Securities Vs Wisdom Capital Investment Options

	IIFL Securities	Wisdom Capital
Stock / Equity
Commodity
Currency
Initial Public Offers (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	4000+ branches in 900+ cities make them your neighborhood broker. Being a full service broker, they offer wide range of financial products and services. IIFL offers Systematic Investment Plan in Equity, Commodity and Mutual Fund. India Infoline Ltd 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	SMS alerts at additional ₹249 per month Demat debit charges is 0.05% (Minimum ₹15 - Maximum ₹100) per debit transaction. Demat credit charges is NIL. India Infoline doesn't provide 3-in-1 account.	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.
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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