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

Kotak Securities Vs Wisdom Capital

Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 1209 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.

	Kotak Securities	Wisdom Capital
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX
Account Type	Fixed Brokerage Plan	Pro Plan
Year of Incorporation	1994	2013
Number of Branches	1209	250
Broker Enquiry
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Kotak Securities Vs Wisdom Capital Charges & AMC

Kotak Securities trading account opening charges is ₹750 while Wisdom Capital account opening changes is ₹0. Kotak Securities Demat Account AMC Charges is ₹600 and Wisdom Capital Demat Account AMC Charges is ₹999 (Lifetime).

	Kotak 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	₹600	₹999 (Lifetime)

Kotak Securities Vs Wisdom Capital Brokerage

Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side) whereas Wisdom Capital brokerage charges for equity is ₹9 per executed order and intraday is ₹9 per executed order.

	Kotak Securities	Wisdom Capital
Account Type	Fixed Brokerage Plan	Pro Plan
Fixed Charges
Equity Delivery Brokerage	0.49%	₹9 per executed order
Equity Intraday Brokerage	0.049% (both side)	₹9 per executed order
Equity Futures Brokerage	0.049% (both side)	₹9 per executed order
Equity Options Brokerage	₹300 per lot	₹9 per executed order
Currency Futures Trading Brokerage		₹9 per executed order
Currency Options Trading Brokerage		₹9 per executed order
Commodity Futures Trading Brokerage	0.070%	₹9 per executed order
Commodity Options Trading Brokerage		₹9 per executed order
Special Offer	Special Offer: Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback.

Kotak Securities Vs Wisdom Capital Brokerage Plan 2

	Kotak Securities	Wisdom Capital
Account Type	Dynamic Brokerage Plan	Freedom Plan
Fixed Charges		₹999 per month per segment
Equity Delivery Brokerage	0.59% to 0.30%	₹0
Equity Intraday Brokerage	0.06% to 0.05%	₹0
Equity Futures Brokerage	0.07% to 0.05%	₹0
Equity Options Brokerage	2.5% to 1.8%	₹0
Currency Futures Trading Brokerage	0.04% or ₹20 per lot	₹0
Currency Options Trading Brokerage	₹20 to ₹7.5 per lot	₹0
Commodity Futures Trading Brokerage		₹0
Commodity Options Trading Brokerage		₹0
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Kotak Securities Charges Vs Wisdom Capital

Minimum Brokerage Charges	₹21 per executed order
Other Brokerage Charges	SMS Alerts at ₹50 per month
Call & Trade Charges	₹20 per call after first 20 free calls in a month	₹20 per executed order

Kotak Securities Vs Wisdom Capital Transaction Charges

Kotak Securities transaction charges for options is 0.05% (on Sell trade premium) or 0.125% (on options) while Wisdom Capital exchange transaction charges for options is 0.06% (on premium).

	Kotak Securities	Wisdom Capital
Equity Delivery	0.1% (Buy and Sell)	0.0035%
Equity Intraday	0.025% (on Sell trade)	0.0035%
Equity Futures	0.01% (on Sell trade)	0.0028%
Equity Options	0.05% (on Sell trade premium) or 0.125% (on options)	0.06% (on premium)
Currency Futures	NA
Currency Options	NA
Commodity	0.01% on sell side	0.0025%
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Kotak Securities Vs Wisdom Capital Leverage (Margin)

Kotak Securities provides the margin of 50 times for intraday trades whereas the Wisdom Capital margin for intraday cash is 5x to 40x (dependent on brokerage plan).

	Kotak Securities	Wisdom Capital
Equity Delivery	1x (no margin)	5x to 40x (dependent on brokerage plan)
Equity Intraday	50 times	5x to 40x (dependent on brokerage plan)
Equity Futures	12 to 15 times	5x to 20x (dependent on brokerage plan)
Equity Options	Selling: 200 times | Buying: 10 times	5x to 40x (dependent on brokerage plan)
Currency Futures	NA	4x to 15x (dependent on brokerage plan)
Currency Options	NA	4x to 15x (dependent on brokerage plan)
Commodity Futures	NA	5x to 20x (dependent on brokerage plan)
Commodity Options
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Compare Kotak Securities and Wisdom Capital Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Wisdom Capital offers NEST trading software.

	Kotak 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	Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite	NEST
Intraday Square-off Time
Other Features	3-in-1 account
Referral Program
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Kotak Securities Vs Wisdom Capital Review

Kotak Securities is rated 2.5 of 5 based on 151 customer reviews whereas Wisdom Capital is rated 3.6 of 5 based on 29 customer reviews.

	Kotak Securities	Wisdom Capital
	151 Customer Reviews	29 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Kotak Securities is rated 2.5 of 5 based on 151 customer reviews	Wisdom Capital is rated 3.6 of 5 based on 29 customer reviews

Kotak Securities Vs Wisdom Capital Investment Options

	Kotak Securities	Wisdom Capital
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Kotak Securities Vs Wisdom Capital Order Type Offered

	Kotak 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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Kotak Securities Vs Wisdom Capital Research Report

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

Kotak Securities Vs Wisdom Capital Suitable For Investor Type

	Kotak Securities	Wisdom Capital
Casual Investor
Active Investor
Trader

Kotak Securities Vs Wisdom Capital - Pros and Cons

	Kotak Securities	Wisdom Capital
Pros	Offers 3-in-1 Account (trinity account). Kotak Security is a full services broker offering wide range of investment options and research reports. Kotak Securities has extended network of 1400+ branches across India. It offers 3-in-1 account, the combination of broker account, bank account and a demat account. All these accounts are linked together and work seamlessly to make stock market investment very easy especially for beginners in stock market. Kotak offers 5 different trading platforms to fulfill almost all customer requirements.	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	The brokerage changed by them of higher than the discount brokers. Commodity trading is available through another company 'Kotak Commodity Services Ltd'.	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	Kotak 3-in-1 Account Kotak Mahendra Bank offers trinity account, a 3-in-1 account which is a combination of saving bank, trading and demat account. It offers convenient investment in Equity, Derivatives, Mutual Funds, IPO and ETF. Looking for an online trading account? Request Callback from a stock broker.
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