Wisdom Capital Vs Edelweiss (Compare Wisdom Capital and Edelweiss)

Wisdom Capital Vs Edelweiss

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 2002, Edelweiss is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India.

	Wisdom Capital	Edelweiss
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX
Year of Incorporation	2013	2002
Number of Branches	250	237
	Enquire Wisdom Capital	Open Edelweiss Account

Wisdom Capital Vs Edelweiss Charges & AMC

Wisdom Capital trading account opening charges is Rs 0 while Edelweiss account opening changes is Rs 0 (Free). Wisdom Capital Demat Account AMC Charges is Rs 999 (Lifetime) and Edelweiss Demat Account AMC Charges is Rs 500 (1st Year Free).

	Wisdom Capital	Edelweiss
Trading Account Opening Charges	Rs 0	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 999 (Lifetime)	Rs 500 (1st Year Free)

Wisdom Capital Vs Edelweiss Brokerage

Wisdom Capital brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order whereas Edelweiss brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order.

	Wisdom Capital	Edelweiss
Account Type	Pro Plan	Edelweiss Lite
Fixed Charges		NA
Equity Delivery	Rs 9 per executed order	Rs 10 per executed order
Equity Intraday	Rs 9 per executed order	Rs 10 per executed order
Equity Futures	Rs 9 per executed order	Rs 10 per executed order
Equity Options	Rs 9 per executed order	Rs 10 per executed order
Currency Futures	Rs 9 per executed order	Rs 10 per executed order
Currency Options	Rs 9 per executed order	Rs 10 per executed order
Commodity Futures	Rs 9 per executed order
Commodity Options	Rs 9 per executed order
Special Offer		Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

Wisdom Capital Vs Edelweiss Brokerage Plan 2

	Wisdom Capital	Edelweiss
Account Type	Freedom Plan	Edelweiss Elite
Fixed Charges	Rs 999 per month per segment
Equity Delivery	Rs 0	0.30%
Equity Intraday	Rs 0	0.03%
Equity Futures	Rs 0	0.03%
Equity Options	Rs 0	Rs 75 per lot
Currency Futures	Rs 0	0.02%
Currency Options	Rs 0	Rs 22 per lot
Commodity Futures	Rs 0
Commodity Options	Rs 0
	Enquire Wisdom Capital	Open Edelweiss Account

Wisdom Capital Charges Vs Edelweiss

Minimum Brokerage		0.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges		Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges	Rs 20 per executed order	Rs 20 per call

Wisdom Capital Vs Edelweiss Transaction Charges

Wisdom Capital transaction charges for options is 0.06% (on premium) while Edelweiss exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium).

	Wisdom Capital	Edelweiss
Equity Delivery	0.0035%	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Intraday	0.0035%	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Futures	0.0028%	NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side)
Equity Options	0.06% (on premium)	NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures		NSE Rs 115 per Cr (0.00115%) | BSE Rs 115 per Cr (0.00115%)
Currency Options		Rs 4000 per Cr (0.04%) (on premium)
Commodity	0.0025%
	Enquire Wisdom Capital	Open Edelweiss Account

Wisdom Capital Vs Edelweiss 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 Edelweiss 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	Edelweiss
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)
	Enquire Wisdom Capital	Open Edelweiss Account

Compare Wisdom Capital and Edelweiss Features

The trading platforms offered Wisdom Capital include NEST. Edelweiss offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress trading software.

	Wisdom Capital	Edelweiss
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	Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress
Intraday Square-off Time		3:00 PM
Other Features
Referral Program
	Enquire Wisdom Capital	Open Edelweiss Account

Wisdom Capital Vs Edelweiss Review

Wisdom Capital is rated 3.6 of 5 based on 30 customer reviews whereas Edelweiss is rated 3.0 of 5 based on 64 customer reviews.

	Wisdom Capital	Edelweiss
	30 Customer Reviews	64 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	Edelweiss is rated 3.0 of 5 based on 64 customer reviews

Wisdom Capital Vs Edelweiss Investment Options

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

Wisdom Capital Vs Edelweiss Order Type Offered

	Wisdom Capital	Edelweiss
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire Wisdom Capital	Open Edelweiss Account

Wisdom Capital Vs Edelweiss Research Report

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

Wisdom Capital Vs Edelweiss Suitable For Investor Type

	Wisdom Capital	Edelweiss
Casual Investor
Active Investor
Trader

Wisdom Capital Vs Edelweiss - Pros and Cons

	Wisdom Capital	Edelweiss
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.	Full-service broker offering discount brokerage plan. Trade at flat Rs 10 per executed order across all segments in Edelweiss Lite Plan. Instant online account opening: Open your Investing & Trading account in less than 15 minutes. Offer commodity trading on the same trading platform. Free research and trading tips call to all the customers. Online IPO application.
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.	The bracket orders are not available. Good Till canceled orders are not available. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures Call & Trade is available at an additional cost of Rs 20 per call.
Reviews
Promo / Offers		Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only) Flat Rs 10 per trade across all segments. FREE Research and Trading Tips. Margin against share and Margin Funding available. It is a limited-time offer. Open FREE Edelweiss Account online in just 15 Minutes.
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