Wisdom Capital Vs Anand Rathi (Compare Wisdom Capital and Anand Rathi)

Wisdom Capital Vs Anand Rathi

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 1994, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, NCDEX & NSEL. It has 1200 branches across India.

	Wisdom Capital	Anand Rathi
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	NSE, BSE, MCX, NCDEX & NSEL
Year of Incorporation	2013	1994
Number of Branches	250	1200
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Wisdom Capital Vs Anand Rathi Charges & AMC

Wisdom Capital trading account opening charges is Rs 0 while Anand Rathi account opening changes is Rs 750. Wisdom Capital Demat Account AMC Charges is Rs 999 (Lifetime) and Anand Rathi Demat Account AMC Charges is Rs 299 from second year onward.

	Wisdom Capital	Anand Rathi
Trading Account Opening Charges	Rs 0	Rs 750
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 550
Demat Account AMC Charges	Rs 999 (Lifetime)	Rs 299 from second year onward

Wisdom Capital Vs Anand Rathi Brokerage

Wisdom Capital brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order whereas Anand Rathi brokerage charges for equity is 0.5% - 0.15% and intraday is 0.05% -0.015%.

	Wisdom Capital	Anand Rathi
Account Type	Pro Plan	Standard Plan
Fixed Charges		NA
Equity Delivery	Rs 9 per executed order	0.5% - 0.15%
Equity Intraday	Rs 9 per executed order	0.05% -0.015%
Equity Futures	Rs 9 per executed order	0.05% - 0.015%
Equity Options	Rs 9 per executed order	Rs 75 to Rs 20
Currency Futures	Rs 9 per executed order	0.05% - 0.015%
Currency Options	Rs 9 per executed order	Rs 75 to Rs 20
Commodity Futures	Rs 9 per executed order	0.008% - 0.05%
Commodity Options	Rs 9 per executed order
Special Offer

Wisdom Capital Vs Anand Rathi Brokerage Plan 2

	Wisdom Capital	Anand Rathi
Account Type	Freedom Plan	Standard Plan
Fixed Charges	Rs 999 per month per segment	NA
Equity Delivery	Rs 0	0.5% - 0.15%
Equity Intraday	Rs 0	0.05% -0.015%
Equity Futures	Rs 0	0.05% - 0.015%
Equity Options	Rs 0	Rs 75 to Rs 20
Currency Futures	Rs 0	0.05% - 0.015%
Currency Options	Rs 0	Rs 75 to Rs 20
Commodity Futures	Rs 0	0.008% - 0.05%
Commodity Options	Rs 0
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Wisdom Capital Charges Vs Anand Rathi

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

Wisdom Capital Vs Anand Rathi Transaction Charges

Wisdom Capital transaction charges for options is 0.06% (on premium) while Anand Rathi exchange transaction charges for options is Rs 7000 per Cr (0.07%).

	Wisdom Capital	Anand Rathi
Equity Delivery	0.0035%	NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side)
Equity Intraday	0.0035%	NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side)
Equity Futures	0.0028%	NSE Rs 410 per Cr (0.0041%) | BSE Rs 210 per Cr (0.0021%) (each side)
Equity Options	0.06% (on premium)	Rs 7000 per Cr (0.07%)
Currency Futures		Rs 350 per Cr (0.0035%)
Currency Options		Rs 7000 per Cr (0.07%)
Commodity	0.0025%	Rs 350 per Cr (0.0035%)
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Wisdom Capital Vs Anand Rathi 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 Anand Rathi 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	Anand Rathi
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 Anand Rathi Features

The trading platforms offered Wisdom Capital include NEST. Anand Rathi offers Trade X trading software.

	Wisdom Capital	Anand Rathi
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	Trade X
Intraday Square-off Time
Other Features
Referral Program
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Wisdom Capital Vs Anand Rathi Review

Wisdom Capital is rated 3.6 of 5 based on 30 customer reviews whereas Anand Rathi is rated 3.1 of 5 based on 14 customer reviews.

	Wisdom Capital	Anand Rathi
	30 Customer Reviews	14 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	Anand Rathi is rated 3.1 of 5 based on 14 customer reviews

Wisdom Capital Vs Anand Rathi Investment Options

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

Wisdom Capital Vs Anand Rathi Order Type Offered

	Wisdom Capital	Anand Rathi
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 Anand Rathi Research Report

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

Wisdom Capital Vs Anand Rathi Suitable For Investor Type

	Wisdom Capital	Anand Rathi
Casual Investor
Active Investor
Trader

Wisdom Capital Vs Anand Rathi - Pros and Cons

	Wisdom Capital	Anand Rathi
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.	They have 200 branches for extensive reach. call & trade is also available. Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available. Trading is available in both BSE and NSE. Low bandwidth website is available for slow internet connection or for trading from mobile devices.
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.	AnandRathi brokerage is high and not negotiable. They don't offer 3 in 1 account. There are some extra charges for their featured products.
Reviews
Promo / Offers
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