Chittorgarh.com
Free Trading + Demat Account

Sharekhan Vs Wisdom Capital Share Broker Comparison

The side-by-side comparison of Sharekhan and Wisdom Capital stock brokers in India. The comparison below highlights the similarities and differences between Sharekhan 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 Sharekhan and Wisdom Capital.

  Sharekhan Wisdom Capital
 
Sharekhan Logo Wisdom Capital Logo
About the Broker Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & f... Know more about Sharekhan 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 Classic Account Rs 9 per trade plan
Broker Enquiry Open an Online Trading Account with Sharekhan. 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
Number of Branches
Expand

Stock Broker Fees / Charges

  Sharekhan Wisdom Capital
Trading Account Opening Fees ₹0 (Free) Rs 0
Trading Account AMC ₹0 (Free) Rs 0
Demat Account Opening Fees ₹0 (Free) Rs 0
Demat Account AMC ₹400 (Free for 1st year) Rs 999 (Lifetime)
Demat Account is Mandatory? No No
Expand

Trading Brokerage Charges

Brokerage Plan 1

  Sharekhan Wisdom Capital
Account Type Classic Account Rs 9 per trade plan
Fixed Charges
Equity Delivery Brokerage 0.50% Rs 9
Equity Intraday Brokerage 0.10% Rs 9
Equity Futures Brokerage 0.10% Rs 9
Equity Options Brokerage ₹50 per lot Rs 9
Currency Futures Trading Brokerage 0.10% Rs 9
Currency Options Trading Brokerage ₹30 per lot Rs 9
Commodity Futures Trading Brokerage 0.03% Rs 9
Commodity Options Trading Brokerage 0.03%

Brokerage Plan 2

  Sharekhan Wisdom Capital
Account Type Prepaid - ₹1 Lakh Rs 999 per month plan
Fixed Charges ₹1,00,000 per year Rs 999
Equity Delivery Brokerage 0.10% Rs 0
Equity Intraday Brokerage 0.015% Rs 0
Equity Futures Brokerage 0.015% Rs 0
Equity Options Brokerage 0.05% or ₹63 per lot Rs 0
Currency Futures Trading Brokerage Rs 0
Currency Options Trading Brokerage Rs 0
Commodity Futures Trading Brokerage Rs 0
Commodity Options Trading Brokerage

Brokerage Plan 3

  Sharekhan Wisdom Capital
Account Type Margin - ₹1 Lakh Rs 5555 per year plan
Fixed Charges ₹1,00,000 margin Rs 5555
Equity Delivery Brokerage 0.25% Rs 0
Equity Intraday Brokerage 0.05% Rs 0
Equity Futures Brokerage 0.05% Rs 0
Equity Options Brokerage 1% or ₹70 per lot Rs 0
Currency Futures Trading Brokerage Rs 0
Currency Options Trading Brokerage Rs 0
Commodity Futures Trading Brokerage Rs 0
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share
Other Brokerage Charges
Call & Trade Charges Rs 20
Expand

Taxes

  Sharekhan 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

Transaction Charges

  Sharekhan Wisdom Capital
Equity Delivery NSE ₹325 | BSE ₹275 0.0035%
Equity Intraday NSE ₹325 | BSE ₹275 0.0035%
Equity Futures NSE ₹190 | BSE ₹50 0.0028%
Equity Options NSE ₹5000 | BSE ₹50 0.06% (on premium)
Currency Futures NSE ₹135 | MCX ₹130
Currency Options NSE ₹4220 | MCX ₹3220
Commodity MCX (Non-Agri) ₹230 | MCX (Agri) ₹95 0.0025%
Expand

Exposure

  Sharekhan Wisdom Capital
Equity Delivery Upto 5x 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 2x 5x to 20x (dependent on brokerage plan)
Equity Options Nil 5x to 40x (dependent on brokerage plan)
Currency Futures Nil 4x to 15x (dependent on brokerage plan)
Currency Options Nil 4x to 15x (dependent on brokerage plan)
Commodity Upto 2x 5x to 20x (dependent on brokerage plan)
Expand

Share Broker Features

  Sharekhan 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 Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform TradeTiger, Sharekhan Mobile NEST
Intraday Square-off Time 3:30 PM
Other Features Pattern finder, Class room training
Referral Program
Expand

Broker Ratings (Average User Rating)

  Sharekhan Wisdom Capital
  277 Customer Reviews    Rate Sharekhan 21 Customer Reviews    Rate Wisdom Capital
Fees Ratings 3.1 3.8
Trading Brokerage Rating 2.9 4.2
Trading Platform Usability 3.7 3.2
Customer Service Ratings 3.4 3.1
Overall Ratings Rated 3.4 stars Rated 3.4 stars
Broker Rating Sharekhan is Rated 3.4 / 5 based on 277 customer reviews Wisdom Capital is Rated 3.4 / 5 based on 21 customer reviews
Expand

Contact Broker / Request A Call Back

  Sharekhan Wisdom Capital
Contact / Request Call Back
Expand

Investment Options Available

  Sharekhan 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 Loans, NRI Trading
Expand

Customer Service Offered

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

Order Type

  Sharekhan 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
Expand

Research / Tips / Reports Published

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

Suitable for Investor Category

  Sharekhan Wisdom Capital
Casual Investor Yes
Active Investor Yes
Trader

Expand

Pros, Cons and Other Review Comments

  Sharekhan Wisdom Capital
Pros
  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
  • Stock SIP is available.
  • Loan against shares, margin funding, ipo financing and ESOP funding is available.

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
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges ₹400 as AMC for trading account in addition to ₹400 for demat account.

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 (for limited time only)

Sharekhan offers FREE Trading + Demat Account (₹1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.

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

Enquire about Sharekhan 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