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	Investor Plan (Online Plus)	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 Rs 250 (Currently waived off) while Wisdom Capital account opening changes is Rs 0. IIFL Securities Demat Account AMC Charges is Rs 250 (Free for first year) and Wisdom Capital Demat Account AMC Charges is Rs 999 (Lifetime).

	IIFL Securities	Wisdom Capital
Trading Account Opening Charges	Rs 250 (Currently waived off)	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 first year)	Rs 999 (Lifetime)

IIFL Securities Vs Wisdom Capital Brokerage

IIFL Securities brokerage charges for equity is 0.25% and intraday is 0.025% 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	Investor Plan (Online Plus)	Pro Plan
Fixed Charges	NA
Equity Delivery Brokerage	0.25%	Rs 9 per executed order
Equity Intraday Brokerage	0.025%	Rs 9 per executed order
Equity Futures Brokerage	0.025%	Rs 9 per executed order
Equity Options Brokerage	Rs 25 per lot	Rs 9 per executed order
Currency Futures Trading Brokerage	0.025% or Rs 20 per lot	Rs 9 per executed order
Currency Options Trading Brokerage	Rs 8 per lot	Rs 9 per executed order
Commodity Futures Trading Brokerage	0.025%	Rs 9 per executed order
Commodity Options Trading Brokerage	Gold Rs 125 | Silver Rs 80 | Crude Oil Rs 80	Rs 9 per executed order
Special Offer	Special Offer: Open a FREE Demat & Trading Account (Save upto Rs 1150). Get the exclusive offer

IIFL Securities Vs Wisdom Capital Brokerage Plan 2

	IIFL Securities	Wisdom Capital
Account Type	Premium Plan (Dedicated RM)	Freedom Plan
Fixed Charges	NA	Rs 999 per month per segment
Equity Delivery Brokerage	0.50%	Rs 0
Equity Intraday Brokerage	0.05%	Rs 0
Equity Futures Brokerage	0.05%	Rs 0
Equity Options Brokerage	Rs 50 per lot	Rs 0
Currency Futures Trading Brokerage	0.05% or Rs 20 per lot	Rs 0
Currency Options Trading Brokerage	Rs 10 per lot	Rs 0
Commodity Futures Trading Brokerage	0.05%	Rs 0
Commodity Options Trading Brokerage	Gold Rs 150 | Silver Rs 100 | Crude Oil Rs 100	Rs 0
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IIFL Securities Vs Wisdom Capital Brokerage Plan 3

	IIFL Securities	Wisdom Capital
Account Type	Super Trader Plan (Pro Traders)	Pro Plan
Fixed Charges	Rs 999
Equity Delivery Brokerage	0.10%	Rs 9 per executed order
Equity Intraday Brokerage	0.01%	Rs 9 per executed order
Equity Futures Brokerage	0.01%	Rs 9 per executed order
Equity Options Brokerage	flat Rs 10 per lot	Rs 9 per executed order
Currency Futures Trading Brokerage	0.015% or Rs 15 per lot	Rs 9 per executed order
Currency Options Trading Brokerage	flat Rs 5 per lot	Rs 9 per executed order
Commodity Futures Trading Brokerage	0.015%	Rs 9 per executed order
Commodity Options Trading Brokerage	Gold Rs 80 | Silver Rs 50 | Crude Oil Rs 50	Rs 9 per executed order
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IIFL Securities Charges Vs Wisdom Capital

Minimum Brokerage Charges	Rs 0.05 per share (Rs 25 Min)
Other Brokerage 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 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	Upto 3x
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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 112 customer reviews whereas Wisdom Capital is rated 3.6 of 5 based on 30 customer reviews.

	IIFL Securities	Wisdom Capital
	112 Customer Reviews	30 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 112 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
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 Rs 249 per month Demat debit charges is 0.05% (Minimum Rs 15 - Maximum Rs 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 Rs 550/pm for semi automated trading.
Reviews
Promo / Offers	Open IIFL Demat & Trading Account & Save upto Rs 1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer
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