Chittorgarh.com
Free Trading + Demat Account

Religare Vs Wisdom Capital (Compare Religare and Wisdom Capital)

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

Find out Religare Vs Wisdom Capital which is better and Religare Vs Wisdom Capital which is best.

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

Expand

Religare Vs Wisdom Capital

  Religare Wisdom Capital
 
Religare Logo Wisdom Capital Logo
About the Broker Update On Dec 20, 2017, Edelweiss Group's wealth management unit has acquired the securities business of Religare Enterprises Ltd. The acquisition includes Religare's securities and commodities broking services along with depository participant s... Know more about Religare 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 BSE, NSE, MCX, NCDEX
Account Type My Saver Online Plan Rs 9 per trade plan
Broker Enquiry Open an Online Trading Account with Religare. 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
Number of Branches 1500
Expand

Religare Vs Wisdom Capital Charges

  Religare Wisdom Capital
Trading Account Opening Fees ₹500 Rs 0
Trading Account AMC Nil Rs 0
Demat Account Opening Fees Nil Rs 0
Demat Account AMC ₹400 from second year onward Rs 999 (Lifetime)
Demat Account is Mandatory? No No
Expand

Religare Vs Wisdom Capital Brokerage

Brokerage Plan 1

  Religare Wisdom Capital
Account Type My Saver Online Plan Rs 9 per trade plan
Fixed Charges
Equity Delivery Brokerage 0.50% to 0.10% Rs 9
Equity Intraday Brokerage 0.050% to 0.010% Rs 9
Equity Futures Brokerage 0.05% Rs 9
Equity Options Brokerage ₹70 per lot Rs 9
Currency Futures Trading Brokerage 0.05% Rs 9
Currency Options Trading Brokerage ₹30 per lot Rs 9
Commodity Futures Trading Brokerage 0.05% Rs 9
Commodity Options Trading Brokerage ₹30 per lot

Brokerage Plan 2

  Religare Wisdom Capital
Account Type My Saver Online Plan Rs 999 per month plan
Fixed Charges Rs 999
Equity Delivery Brokerage 0.50% to 0.10% Rs 0
Equity Intraday Brokerage 0.050% to 0.010% Rs 0
Equity Futures Brokerage 0.05% Rs 0
Equity Options Brokerage ₹70 per lot Rs 0
Currency Futures Trading Brokerage 0.05% Rs 0
Currency Options Trading Brokerage ₹30 per lot Rs 0
Commodity Futures Trading Brokerage 0.05% Rs 0
Commodity Options Trading Brokerage ₹30 per lot

Brokerage Plan 3

  Religare Wisdom Capital
Account Type My Saver Online Plan Rs 5555 per year plan
Fixed Charges Rs 5555
Equity Delivery Brokerage 0.50% to 0.10% Rs 0
Equity Intraday Brokerage 0.050% to 0.010% Rs 0
Equity Futures Brokerage 0.05% Rs 0
Equity Options Brokerage ₹70 per lot Rs 0
Currency Futures Trading Brokerage 0.05% Rs 0
Currency Options Trading Brokerage ₹30 per lot Rs 0
Commodity Futures Trading Brokerage 0.05% Rs 0
Commodity Options Trading Brokerage ₹30 per lot

Other Charges

Minimum Brokerage Charges 1p per share
Other Brokerage Charges
Call & Trade Charges ₹10 per executed order (max Rs 50 per day)
Expand

Religare Vs Wisdom Capital Taxes

  Religare 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.
Expand

Religare Vs Wisdom Capital Transaction Charges

  Religare Wisdom Capital
Equity Delivery 0.0037% 0.0035%
Equity Intraday 0.0037% 0.0035%
Equity Futures 0.004% 0.0028%
Equity Options 0.06% on Premium 0.06% (on premium)
Currency Futures 0.004%
Currency Options 0.06% on Premium
Commodity 0.0035% 0.0025%
Expand

Religare Vs Wisdom Capital Exposure Margin

  Religare Wisdom Capital
Equity Delivery Upto 4x with 24% interest per year 5x to 40x (dependent on brokerage plan)
Equity Intraday Upto 10x 5x to 40x (dependent on brokerage plan)
Equity Futures Upto 3x 5x to 20x (dependent on brokerage plan)
Equity Options Upto 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
Expand

Religare and Wisdom Capital Feature Comparison

  Religare Wisdom Capital
3 in 1 Account No No
Charting Yes Yes
Automated Trading No
SMS Alerts Yes Yes
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Available Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Odin Diet, Web, Dynami NEST
Intraday Square-off Time
Other Features Mutual Fund, EMI Calculator
Referral Program
Expand

Religare Vs Wisdom Capital Review

  Religare Wisdom Capital
  71 Customer Reviews    Rate Religare 21 Customer Reviews    Rate Wisdom Capital
Fees Ratings 3.2 3.8
Trading Brokerage Rating 3.1 4.2
Trading Platform Usability 3.0 3.2
Customer Service Ratings 3.0 3.1
Overall Ratings Rated 2.9 stars Rated 3.4 stars
Broker Rating Religare is Rated 2.9 / 5 based on 71 customer reviews Wisdom Capital is Rated 3.4 / 5 based on 21 customer reviews
Expand

Contact Broker / Request A Call Back

  Religare Wisdom Capital
Contact / Request Call Back
Expand

Religare Vs Wisdom Capital Investment Options

  Religare 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 Yes No
Other Investment Options
Expand

Religare Vs Wisdom Capital Customer Service

  Religare Wisdom Capital
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes No
Expand

Religare Vs Wisdom Capital Order Type Offered

  Religare Wisdom Capital
Bracket Order No No
Cover Order No Yes
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
Expand

Religare Vs Wisdom Capital Research Report

  Religare Wisdom Capital
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes No
News Alerts Yes No
Expand

Religare Vs Wisdom Capital Suitable For Investor Type

  Religare Wisdom Capital
Casual Investor
Active Investor
Trader
Expand

Religare Vs Wisdom Capital - Advantages and Disadvantages

  Religare Wisdom Capital
Pros
  • 3 to 4 times exposure is given in cash as well as F&O segment.

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
  • EXE Based trading terminal are available for Rs 999 per annum.
  • Call and Trade is charged at Rs 10 per executed order (maximum Rs 50 per day in a segment).

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

Free Trading + Demat Account

Religare offer FREE Trading + Demat Account. In addition you get Rs 0 AMC on Demat Account for 1st year.

This is a limited time offer. Simply leave your contact information with us and religare representatives will contact you.

Enquire about Religare Enquire about Wisdom Capital
Compare More Brokers



Message Board

Stock Message Board


Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App