Trade Smart Online Vs Wisdom Capital Share Broker Comparison
The side-by-side comparison of Trade Smart Online and Wisdom Capital stock brokers in India. The comparison below highlights the similarities and differences between Trade Smart Online 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 Trade Smart Online and Wisdom Capital.
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Trade Smart Online |
Wisdom Capital |
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| About the Broker |
Trade Smart Online (TSO) is Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. Trade Smart Online is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorp...  |
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
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Discount Broker |
Discount Broker |
| Supported Exchnage
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BSE, NSE, MCX, NCDEX |
BSE, NSE, MCX, NCDEX |
| Account Type
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Power Plan (₹15/Order) |
Rs 9 per trade plan |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Trade Smart Online |
Wisdom Capital |
| Trading Account Opening Fees
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₹300 |
Rs 0 |
| Trading Account AMC
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₹0 |
Rs 0 |
| Demat Account Opening Fees
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₹500 |
Rs 0 |
| Demat Account AMC
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₹300 |
Rs 700 + taxes |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Trade Smart Online |
Wisdom Capital |
| Account Type |
Power Plan (₹15/Order) |
Rs 9 per trade plan |
| Fixed Charges
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| Equity Delivery Brokerage
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₹15 |
Rs 9 |
| Equity Intraday Brokerage
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₹15 |
Rs 9 |
| Equity Futures Brokerage
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₹15 |
Rs 9 |
| Equity Options Brokerage
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₹15 |
Rs 9 |
| Currency Futures Trading Brokerage
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₹15 |
Rs 9 |
| Currency Options Trading Brokerage
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₹15 |
Rs 9 |
| Commodity Futures Trading Brokerage
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₹15 |
Rs 9 |
| Commodity Options Trading Brokerage
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₹15 |
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Brokerage Plan 2
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Trade Smart Online |
Wisdom Capital |
| Account Type |
Value Plan |
Rs 999 per month plan |
| Fixed Charges
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Rs 999 |
| Equity Delivery Brokerage
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0.007% |
Rs 0 |
| Equity Intraday Brokerage
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0.007% |
Rs 0 |
| Equity Futures Brokerage
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0.007% |
Rs 0 |
| Equity Options Brokerage
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₹7 Per Lot |
Rs 0 |
| Currency Futures Trading Brokerage
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0.007% |
Rs 0 |
| Currency Options Trading Brokerage
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₹7 Per Lot |
Rs 0 |
| Commodity Futures Trading Brokerage
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0.007% |
Rs 0 |
| Commodity Options Trading Brokerage
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Brokerage Plan 3
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Trade Smart Online |
Wisdom Capital |
| Account Type |
Power Plan (₹15/Order) |
Rs 5555 per year plan |
| Fixed Charges
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Rs 5555 |
| Equity Delivery Brokerage
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₹15 |
Rs 0 |
| Equity Intraday Brokerage
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₹15 |
Rs 0 |
| Equity Futures Brokerage
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₹15 |
Rs 0 |
| Equity Options Brokerage
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₹15 |
Rs 0 |
| Currency Futures Trading Brokerage
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₹15 |
Rs 0 |
| Currency Options Trading Brokerage
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₹15 |
Rs 0 |
| Commodity Futures Trading Brokerage
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₹15 |
Rs 0 |
| Commodity Options Trading Brokerage
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₹15 |
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Other Charges
| Minimum Brokerage Charges
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₹15 |
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| Other Brokerage Charges
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Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order |
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| Call & Trade Charges
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₹20 per executed order |
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Taxes
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Trade Smart Online |
Wisdom Capital |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Trade Smart Online |
Wisdom Capital |
| Equity Delivery
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0.0035% |
0.0035% |
| Equity Intraday
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0.0035% |
0.0035% |
| Equity Futures
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0.0024% |
0.0028% |
| Equity Options
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0.0715% |
0.06% (on premium) |
| Currency Futures
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0.00165% |
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| Currency Options
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0.06% |
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| Commodity
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0.0039% |
0.0025% |
Exposure
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Trade Smart Online |
Wisdom Capital |
| Equity Delivery
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1x (no margin) |
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| Equity Intraday
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30x trading margin |
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| Equity Futures
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7x trading margin |
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| Equity Options
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7x trading margin |
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| Currency Futures
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3x trading margin |
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| Currency Options
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3x trading margin |
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| Commodity
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6x trading margin |
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Share Broker Features
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Trade Smart Online |
Wisdom Capital |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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NEST, NOW |
NEST |
| Intraday Square-off Time
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Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing |
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| Other Features
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Broker Ratings (Average User Rating)
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Trade Smart Online |
Wisdom Capital |
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58 Customer Reviews  |
21 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Trade Smart Online is Rated 4.1 / 5 based on 58 customer reviews |
Wisdom Capital is Rated 3.4 / 5 based on 21 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Trade Smart Online |
Wisdom Capital |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Customer Service Offered
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Trade Smart Online |
Wisdom Capital |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Trade Smart Online |
Wisdom Capital |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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Trade Smart Online |
Wisdom Capital |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Trade Smart Online |
Wisdom Capital |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Trade Smart Online |
Wisdom Capital |
| Pros
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- EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with annual subscription fee of ₹1000.
- Unlike most of the discount brokers; Trade Smart Online offers 2 unique brokerage plans designed in such a way that it suits every trading strategy. Switching between these plans is made very easy which offers great flexibility.
- TSO offers investing in Mutual Funds, bonds and Offer For Sale (OFS). These financial instruments are not available with most discount brokers including other popular discount brokers like Zerodha and RKSV.
- Excellent referral benefits are available. Customer receives 10% credit of the brokerage generated by the clients referred by them.
- No minimum amount is needed to open or maintain trading account with TSO.
- Customer service is available through live chat on its website. This is very convenient for many customers.
- Trade Smart Online is in the stock broking industry since 1994.
- TSO's online knowledge base has lot information which is helpful for most customers.
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
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- Call and Trade is charged at extra ₹20 per executed order.
- Physical contract notes ₹20 per contract note + courier charges
- Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹20.
- 24/7 customer service is not available.
- Facility to invest in IPO's is not available.
- Doesn't provide daily market report, free tips, news alerts and technical analysis.
- 3-in-1 accounts are not available as company doesn't provide banking services.
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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
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Useful Articles:
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| Promo / Offers
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Enquire about Trade Smart Online
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Enquire about Wisdom Capital
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