Kotak Securities Vs Wisdom Capital Share Broker Comparison
The side-by-side comparison of Kotak Securities Ltd and Wisdom Capital stock brokers in India. The comparison below highlights the similarities and differences between Kotak Securities and Wisdom Capital's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Kotak Securities and Wisdom Capital.
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Kotak Securities Ltd |
Wisdom Capital |
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| About the Broker |
Kotak Securities Ltd, a subsidiary of Kotak Mahindra Bank was founded in 1994. They offers stock broking services and distributes financial products in India. They have 1209 branches, franchisees and satellite offices offers services to 11.95 Lakh cu...  |
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... |
Type of Broker
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Full Service Broker |
Discount Broker |
| Supported Exchnage
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BSE, NSE, MCX, NCDEX |
BSE, NSE, MCX, NCDEX |
| Account Type
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Fixed Brokerage Plan |
Rs 9 per trade plan |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Kotak Securities Ltd |
Wisdom Capital |
| Trading Account Opening Fees
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₹750 |
Rs 0 |
| Trading Account AMC
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₹0 |
Rs 0 |
| Demat Account Opening Fees
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₹0 |
Rs 0 |
| Demat Account AMC
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₹600 |
Rs 700 + taxes |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Kotak Securities Ltd |
Wisdom Capital |
| Account Type |
Fixed Brokerage Plan |
Rs 9 per trade plan |
| Fixed Charges
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| Equity Delivery Brokerage
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0.49% |
Rs 9 |
| Equity Intraday Brokerage
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0.049% (both side) |
Rs 9 |
| Equity Futures Brokerage
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0.049% (both side) |
Rs 9 |
| Equity Options Brokerage
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₹300 per lot |
Rs 9 |
| Currency Futures Trading Brokerage
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Rs 9 |
| Currency Options Trading Brokerage
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Rs 9 |
| Commodity Futures Trading Brokerage
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0.070% |
Rs 9 |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Kotak Securities Ltd |
Wisdom Capital |
| Account Type |
Dynamic Brokerage Plan |
Rs 999 per month plan |
| Fixed Charges
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Rs 999 |
| Equity Delivery Brokerage
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0.59% to 0.30% |
Rs 0 |
| Equity Intraday Brokerage
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0.06% to 0.05% |
Rs 0 |
| Equity Futures Brokerage
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0.07% to 0.05% |
Rs 0 |
| Equity Options Brokerage
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2.5% to 1.8% |
Rs 0 |
| Currency Futures Trading Brokerage
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0.04% or Rs 20 per lot |
Rs 0 |
| Currency Options Trading Brokerage
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Rs 20 to Rs 7.5 per lot |
Rs 0 |
| Commodity Futures Trading Brokerage
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Rs 0 |
| Commodity Options Trading Brokerage
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Brokerage Plan 3
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Kotak Securities Ltd |
Wisdom Capital |
| Account Type |
Fixed Brokerage Plan |
Rs 5555 per year plan |
| Fixed Charges
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Rs 5555 |
| Equity Delivery Brokerage
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0.49% |
Rs 0 |
| Equity Intraday Brokerage
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0.049% (both side) |
Rs 0 |
| Equity Futures Brokerage
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0.049% (both side) |
Rs 0 |
| Equity Options Brokerage
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₹300 per lot |
Rs 0 |
| Currency Futures Trading Brokerage
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Rs 0 |
| Currency Options Trading Brokerage
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Rs 0 |
| Commodity Futures Trading Brokerage
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0.070% |
Rs 0 |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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₹21 per executed order |
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| Other Brokerage Charges
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SMS Alerts at ₹50 per month |
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| Call & Trade Charges
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₹20 per call after first 20 free calls in a month |
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Taxes
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Kotak Securities Ltd |
Wisdom Capital |
| Securities Transaction Tax (STT)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Kotak Securities Ltd |
Wisdom Capital |
| Equity Delivery
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0.0035% |
| Equity Intraday
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0.0035% |
| Equity Futures
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0.0028% |
| Equity Options
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0.06% (on premium) |
| Currency Futures
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| Currency Options
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| Commodity
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0.0025% |
Exposure
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Kotak Securities Ltd |
Wisdom Capital |
| Equity Delivery
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1x (no margin) |
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| Equity Intraday
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50 times |
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| Equity Futures
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12 to 15 times |
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| Equity Options
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Selling: 200 times | Buying: 10 times |
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| Currency Futures
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NA |
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| Currency Options
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NA |
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| Commodity
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NA |
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Share Broker Features
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Kotak Securities Ltd |
Wisdom Capital |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite |
NEST |
| Intraday Square-off Time
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| Other Features
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3-in-1 account |
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Broker Ratings (Average User Rating)
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Kotak Securities Ltd |
Wisdom Capital |
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133 Customer Reviews  |
20 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Kotak Securities is Rated 2.6 / 5 based on 133 customer reviews |
Wisdom Capital is Rated 3.6 / 5 based on 20 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Kotak Securities Ltd |
Wisdom Capital |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Customer Service Offered
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Kotak Securities Ltd |
Wisdom Capital |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Kotak Securities Ltd |
Wisdom Capital |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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Kotak Securities Ltd |
Wisdom Capital |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Kotak Securities Ltd |
Wisdom Capital |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Kotak Securities Ltd |
Wisdom Capital |
| Pros
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- 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.
More Advantages... |
- 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.
More Advantages... |
| Cons
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- The brokerage changed by them of higher than the discount brokers.
- Commodity trading is available through another company 'Kotak Commodity Services Ltd'.
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 Rs 550/pm for semi automated trading.
More Disadvantages... |
| Reviews
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| Promo / Offers
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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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Enquire about Kotak Securities
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Enquire about Wisdom Capital
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Zerodha
Zero Account Opening Fee