Religare Vs Wisdom Capital (Compare Religare and Wisdom Capital)

Religare Vs Wisdom Capital

Incorporated in 1994, Religare is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 1500 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.

	Religare	Wisdom Capital
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	BSE, NSE, MCX	BSE, NSE, MCX, NCDEX
Account Type	My Saver Online Plan	Pro Plan
Year of Incorporation	1994	2013
Number of Branches	1500	250
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Religare Vs Wisdom Capital Charges & AMC

Religare trading account opening charges is ₹500 while Wisdom Capital account opening changes is ₹0. Religare Demat Account AMC Charges is ₹400 from second year onward and Wisdom Capital Demat Account AMC Charges is ₹999 (Lifetime).

	Religare	Wisdom Capital
Trading Account Opening Charges	₹500	₹0
Trading Account AMC Charges	Nil	₹0
Demat Account Opening Charges	Nil	₹0 (Free)
Demat Account AMC Charges	₹400 from second year onward	₹999 (Lifetime)

Religare Vs Wisdom Capital Brokerage

Religare brokerage charges for equity is 0.50% to 0.10% and intraday is 0.050% to 0.010% whereas Wisdom Capital brokerage charges for equity is ₹9 per executed order and intraday is ₹9 per executed order.

	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
Special Offer	Special Offer: Get Free Trading + Demat Account for limited time. Get the offer

Religare Vs Wisdom Capital 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
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Religare Charges Vs Wisdom Capital

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 Transaction Charges

Religare transaction charges for options is 0.06% on Premium while Wisdom Capital exchange transaction charges for options is 0.06% (on premium).

	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%
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Religare Vs Wisdom Capital Leverage (Margin)

Religare provides the margin of Upto 10x for intraday trades whereas the Wisdom Capital margin for intraday cash is 5x to 40x (dependent on brokerage plan).

	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
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Compare Religare and Wisdom Capital Features

The trading platforms offered Religare include Odin Diet, Web, Dynami. Wisdom Capital offers NEST trading software.

	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
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Religare Vs Wisdom Capital Review

Religare is rated 2.9 of 5 based on 75 customer reviews whereas Wisdom Capital is rated 3.6 of 5 based on 29 customer reviews.

	Religare	Wisdom Capital
	75 Customer Reviews	29 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Religare is rated 2.9 of 5 based on 75 customer reviews	Wisdom Capital is rated 3.6 of 5 based on 29 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 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)
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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 - Pros and Cons

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