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

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

Find out Kotak Securities Vs Wisdom Capital which is better and Kotak Securities Vs Wisdom Capital which is best.

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

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Kotak Securities Vs Wisdom Capital

  Kotak Securities Ltd Wisdom Capital
 
Kotak Securities Ltd Logo Wisdom Capital Logo
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... Know more about Kotak Securities Ltd 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 BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Account Type Fixed Brokerage Plan Rs 9 per trade plan
Broker Enquiry Open an Online Trading Account with Kotak Securities. 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 1994 2013
Number of Branches 1209 250
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Kotak Securities Vs Wisdom Capital Charges

  Kotak Securities Ltd Wisdom Capital
Trading Account Opening Fees ₹750 Rs 0
Trading Account AMC ₹0 Rs 0
Demat Account Opening Fees ₹0 Rs 0
Demat Account AMC ₹600 Rs 999 (Lifetime)
Demat Account is Mandatory? No No
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Kotak Securities Vs Wisdom Capital Brokerage

Brokerage Plan 1

  Kotak Securities Ltd Wisdom Capital
Account Type Fixed Brokerage Plan Rs 9 per trade plan
Fixed Charges
Equity Delivery Brokerage 0.49% Rs 9
Equity Intraday Brokerage 0.049% (both side) Rs 9
Equity Futures Brokerage 0.049% (both side) Rs 9
Equity Options Brokerage ₹300 per lot Rs 9
Currency Futures Trading Brokerage Rs 9
Currency Options Trading Brokerage Rs 9
Commodity Futures Trading Brokerage 0.070% Rs 9
Commodity Options Trading Brokerage

Brokerage Plan 2

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

Brokerage Plan 3

  Kotak Securities Ltd Wisdom Capital
Account Type Fixed Brokerage Plan Rs 5555 per year plan
Fixed Charges Rs 5555
Equity Delivery Brokerage 0.49% Rs 0
Equity Intraday Brokerage 0.049% (both side) Rs 0
Equity Futures Brokerage 0.049% (both side) Rs 0
Equity Options Brokerage ₹300 per lot Rs 0
Currency Futures Trading Brokerage Rs 0
Currency Options Trading Brokerage Rs 0
Commodity Futures Trading Brokerage 0.070% Rs 0
Commodity Options Trading Brokerage

Other Charges

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
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Kotak Securities Vs Wisdom Capital Taxes

  Kotak Securities Ltd Wisdom Capital
Securities Transaction Tax (STT)
  • 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)
  • 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)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Kotak Securities Vs Wisdom Capital Transaction Charges

  Kotak Securities Ltd 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 Exposure Margin

  Kotak Securities Ltd 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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Kotak Securities and Wisdom Capital Feature Comparison

  Kotak Securities Ltd Wisdom Capital
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No
SMS Alerts Yes Yes
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) No
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 Ltd Wisdom Capital
  135 Customer Reviews    Rate Kotak Securities 23 Customer Reviews    Rate Wisdom Capital
Fees Ratings 2.5 3.9
Trading Brokerage Rating 2.4 4.2
Trading Platform Usability 3.4 3.2
Customer Service Ratings 3.0 3.2
Overall Ratings Rated 2.6 stars Rated 3.4 stars
Broker Rating Kotak Securities is Rated 2.6 / 5 based on 135 customer reviews Wisdom Capital is Rated 3.4 / 5 based on 23 customer reviews
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Contact Broker / Request A Call Back

  Kotak Securities Ltd Wisdom Capital
Contact / Request Call Back
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Kotak Securities Vs Wisdom Capital Investment Options

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

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

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

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

  Kotak Securities Ltd Wisdom Capital
Casual Investor Yes
Active Investor Yes
Trader
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Kotak Securities Vs Wisdom Capital - Advantages and Disadvantages

  Kotak Securities Ltd 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.

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
  • 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
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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