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.
Religare Vs Wisdom Capital
Religare
Wisdom Capital
Find more info about broker
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...
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
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX, NCDEX
Account Type
My Saver Online Plan
Pro Plan
Broker Enquiry
Year of Incorporation
1994
2013
Number of Branches
1500
250
Enquire Religare
Enquire Wisdom Capital
Religare Vs Wisdom Capital Charges
Religare
Wisdom Capital
Trading Account Opening Fees
₹500
₹0
Trading Account AMC
Nil
₹0
Demat Account Opening Fees
Nil
₹0 (Free)
Demat Account AMC
₹400 from second year onward
₹999 (Lifetime)
Demat Account is Mandatory?
No
No
Religare Vs Wisdom Capital Brokerage
Brokerage Plan 1
Religare
Wisdom Capital
Account Type
My Saver Online Plan
Pro Plan
Fixed Charges
Equity Delivery Brokerage
0.50% to 0.10%
₹9 per executed order
Equity Intraday Brokerage
0.050% to 0.010%
₹9 per executed order
Equity Futures Brokerage
0.05%
₹9 per executed order
Equity Options Brokerage
₹70 per lot
₹9 per executed order
Currency Futures Trading Brokerage
0.05%
₹9 per executed order
Currency Options Trading Brokerage
₹30 per lot
₹9 per executed order
Commodity Futures Trading Brokerage
0.05%
₹9 per executed order
Commodity Options Trading Brokerage
₹30 per lot
₹9 per executed order
Brokerage Plan 2
Religare
Wisdom Capital
Account Type
My Saver Online Plan
Freedom Plan
Fixed Charges
₹999 per month per segment
Equity Delivery Brokerage
0.50% to 0.10%
₹0
Equity Intraday Brokerage
0.050% to 0.010%
₹0
Equity Futures Brokerage
0.05%
₹0
Equity Options Brokerage
₹70 per lot
₹0
Currency Futures Trading Brokerage
0.05%
₹0
Currency Options Trading Brokerage
₹30 per lot
₹0
Commodity Futures Trading Brokerage
0.05%
₹0
Commodity Options Trading Brokerage
₹30 per lot
₹0
Other Charges
Minimum Brokerage Charges
1p per share
Other Brokerage Charges
Call & Trade Charges
₹10 per executed order (max ₹50 per day)
₹20 per executed order
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
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%
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
Religare and Wisdom Capital Feature Comparison
Religare
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
Odin Diet, Web, Dynami
NEST
Intraday Square-off Time
Other Features
Mutual Fund, EMI Calculator
Referral Program
Religare Vs Wisdom Capital Review
Religare
Wisdom Capital
71 Customer Reviews
26 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Religare is Rated 2.9 / 5 based on 71 customer reviews Wisdom Capital is Rated 3.6 / 5 based on 26 customer reviews
Religare Vs Wisdom Capital Investment Options
Religare
Wisdom Capital
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Religare Vs Wisdom Capital Customer Service
Religare
Wisdom Capital
24/7 Customer Service
Onine Live Chat
Through Branches
Religare Vs Wisdom Capital Order Type Offered
Religare
Wisdom Capital
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Religare Vs Wisdom Capital Research Report
Religare
Wisdom Capital
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Religare Vs Wisdom Capital Suitable For Investor Type
Religare
Wisdom Capital
Casual Investor
Active Investor
Trader
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...
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
EXE Based trading terminal are available for ₹999 per annum.
Call and Trade is charged at ₹10 per executed order (maximum ₹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 ₹550/pm for semi automated trading.
More Disadvantages...
Reviews
Promo / Offers
Religare offer FREE Trading + Demat Account . In addition you get ₹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.
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