Wisdom Capital Vs Achiievers (Compare Wisdom Capital and Achiievers)

Wisdom Capital Vs Achiievers

Incorporated in 2013, Wisdom Capital is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 250 branches across India. Incorporated in 2012, Achiievers is a Discount Broker. It offers trading at NSE, BSE and MCX. It has 1 branches across India.

	Wisdom Capital	Achiievers
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	NSE, BSE and MCX
Year of Incorporation	2013	2012
Number of Branches	250	1
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Wisdom Capital Vs Achiievers Charges & AMC

Wisdom Capital trading account opening charges is Rs 0 while Achiievers account opening changes is Rs 150. Wisdom Capital Demat Account AMC Charges is Rs 999 (Lifetime) and Achiievers Demat Account AMC Charges is Rs 400.

	Wisdom Capital	Achiievers
Trading Account Opening Charges	Rs 0	Rs 150
Trading Account AMC Charges	Rs 0	Nil
Demat Account Opening Charges	Rs 0 (Free)	Nil
Demat Account AMC Charges	Rs 999 (Lifetime)	Rs 400

Wisdom Capital Vs Achiievers Brokerage

Wisdom Capital brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order whereas Achiievers brokerage charges for equity is Rs 15 and intraday is Rs 15.

	Wisdom Capital	Achiievers
Account Type	Pro Plan	Flat Fee Plan
Fixed Charges		NA
Equity Delivery	Rs 9 per executed order	Rs 15
Equity Intraday	Rs 9 per executed order	Rs 15
Equity Futures	Rs 9 per executed order	Rs 15
Equity Options	Rs 9 per executed order	Rs 15
Currency Futures	Rs 9 per executed order	Rs 15
Currency Options	Rs 9 per executed order	Rs 15
Commodity Futures	Rs 9 per executed order	Rs 15
Commodity Options	Rs 9 per executed order
Special Offer

Wisdom Capital Vs Achiievers Brokerage Plan 2

	Wisdom Capital	Achiievers
Account Type	Freedom Plan	Mega Value Plan
Fixed Charges	Rs 999 per month per segment	Rs 750 (Per Segment)
Equity Delivery	Rs 0	Rs 1 per executed order
Equity Intraday	Rs 0	Rs 1 per executed order
Equity Futures	Rs 0	Rs 1 per executed order
Equity Options	Rs 0	Rs 1 per executed order
Currency Futures	Rs 0	Rs 1 per executed order
Currency Options	Rs 0	Rs 1 per executed order
Commodity Futures	Rs 0	Rs 1 per executed order
Commodity Options	Rs 0	Rs 1 per executed order
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Wisdom Capital Vs Achiievers Brokerage Plan 3

	Wisdom Capital	Achiievers
Account Type	Pro Plan	Per Day Plan
Fixed Charges		Rs 50 per day (each segment)
Equity Delivery	Rs 9 per executed order	Rs 1 per executed order
Equity Intraday	Rs 9 per executed order	Rs 1 per executed order
Equity Futures	Rs 9 per executed order	Rs 1 per executed order
Equity Options	Rs 9 per executed order	Rs 1 per executed order
Currency Futures	Rs 9 per executed order	Rs 1 per executed order
Currency Options	Rs 9 per executed order	Rs 1 per executed order
Commodity Futures	Rs 9 per executed order	Rs 1 per executed order
Commodity Options	Rs 9 per executed order	Rs 1 per executed order
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Wisdom Capital Charges Vs Achiievers

Minimum Brokerage		Rs 15
Other Charges
Call & Trade Charges	Rs 20 per executed order	Rs 20 per trade

Wisdom Capital Vs Achiievers Transaction Charges

Wisdom Capital transaction charges for options is 0.06% (on premium) while Achiievers exchange transaction charges for options is Rs 7500 per Cr (0.075%).

	Wisdom Capital	Achiievers
Equity Delivery	0.0035%	Rs 350 per Cr (0.0035%)
Equity Intraday	0.0035%	Rs 350 per Cr (0.0035%)
Equity Futures	0.0028%	Rs 390 per Cr (0.0039%)
Equity Options	0.06% (on premium)	Rs 7500 per Cr (0.075%)
Currency Futures		Rs 175 per Cr (0.00175%)
Currency Options		Rs 6500 per Cr (0.065%)
Commodity	0.0025%	MCX Agri Rs 325 per Cr (0.00325%) | Non Agri Rs 460 per Cr (0.0046%)
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Wisdom Capital Vs Achiievers Leverage (Margin)

Wisdom Capital margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Achiievers margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Wisdom Capital	Achiievers
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Wisdom Capital and Achiievers Features

The trading platforms offered Wisdom Capital include NEST. Achiievers offers NOW Online, NOW Trader trading software.

	Wisdom Capital	Achiievers
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	NEST	NOW Online, NOW Trader
Intraday Square-off Time		3:15 PM
Other Features
Referral Program
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Wisdom Capital Vs Achiievers Review

Wisdom Capital is rated 3.6 of 5 based on 30 customer reviews whereas Achiievers is rated 4.6 of 5 based on 5 customer reviews.

	Wisdom Capital	Achiievers
	30 Customer Reviews	5 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Wisdom Capital is rated 3.6 of 5 based on 30 customer reviews	Achiievers is rated 4.6 of 5 based on 5 customer reviews

Wisdom Capital Vs Achiievers Investment Options

	Wisdom Capital	Achiievers
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Wisdom Capital Vs Achiievers Order Type Offered

	Wisdom Capital	Achiievers
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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Wisdom Capital Vs Achiievers Research Report

	Wisdom Capital	Achiievers
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Wisdom Capital Vs Achiievers Suitable For Investor Type

	Wisdom Capital	Achiievers
Casual Investor
Active Investor
Trader

Wisdom Capital Vs Achiievers - Pros and Cons

	Wisdom Capital	Achiievers
Pros	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.	MEGA VALUE PLAN (MVP) the monthly unlimited trading plan @ Rs 750/ per month for trading at NSE, BSE, NSE SX and MCX. Rs 50 per day plan and Rs 15 per trade plan is also available. Trading Software's including website, mobile app and installable trading terminals are available for free. No minimum brokerage. Achiievers offers facility to invest in IPO, FPO, Mutual Funds, Insurance, FDs, NCDs and Offer For Sale (OFS).
Cons	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.	Call and trade facility available with additional charges of Rs 20 per trade. They charge Rs 75 per month for Research recommendation on SMS.
Reviews
Promo / Offers
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