Wisdom Capital Vs Finvasia (Compare Wisdom Capital and Finvasia)

Wisdom Capital Vs Finvasia

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 2013, Finvasia is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

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

Wisdom Capital trading account opening charges is Rs 0 while Finvasia account opening changes is Rs 0 (Free). Wisdom Capital Demat Account AMC Charges is Rs 999 (Lifetime) and Finvasia Demat Account AMC Charges is Rs 0 per year (Lifetime Zero AMC).

	Wisdom Capital	Finvasia
Trading Account Opening Charges	Rs 0	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 999 (Lifetime)	Rs 0 per year (Lifetime Zero AMC)

Wisdom Capital Vs Finvasia Brokerage

Wisdom Capital brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order whereas Finvasia brokerage charges for equity is Rs 0 and intraday is Rs 0.

	Wisdom Capital	Finvasia
Account Type	Pro Plan	Standard
Fixed Charges		NA
Equity Delivery	Rs 9 per executed order	Rs 0
Equity Intraday	Rs 9 per executed order	Rs 0
Equity Futures	Rs 9 per executed order	Rs 0
Equity Options	Rs 9 per executed order	Rs 0
Currency Futures	Rs 9 per executed order	Rs 0
Currency Options	Rs 9 per executed order	Rs 0
Commodity Futures	Rs 9 per executed order	Rs 0
Commodity Options	Rs 9 per executed order	Rs 0
Special Offer

Wisdom Capital Vs Finvasia Brokerage Plan 2

	Wisdom Capital	Finvasia
Account Type	Freedom Plan	Standard
Fixed Charges	Rs 999 per month per segment	NA
Equity Delivery	Rs 0	Rs 0
Equity Intraday	Rs 0	Rs 0
Equity Futures	Rs 0	Rs 0
Equity Options	Rs 0	Rs 0
Currency Futures	Rs 0	Rs 0
Currency Options	Rs 0	Rs 0
Commodity Futures	Rs 0	Rs 0
Commodity Options	Rs 0	Rs 0
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Wisdom Capital Charges Vs Finvasia

Minimum Brokerage		Rs 0
Other Charges		Bracket Orders in NEST: Rs 99 per month
Call & Trade Charges	Rs 20 per executed order	Rs 0

Wisdom Capital Vs Finvasia Transaction Charges

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

	Wisdom Capital	Finvasia
Equity Delivery	0.0035%	NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side)
Equity Intraday	0.0035%	NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (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)	Rs 5000 per Cr (0.05%) (on premium)
Currency Futures		Rs 115 per Cr (0.00115%)
Currency Options		Rs 4000 per Cr (0.04%) (on premium)
Commodity	0.0025%	Rs 260 per Cr (0.0026%)
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Wisdom Capital Vs Finvasia 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 Finvasia 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	Finvasia
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 Finvasia Features

The trading platforms offered Wisdom Capital include NEST. Finvasia offers Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto trading software.

	Wisdom Capital	Finvasia
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	Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time		3:15 PM
Other Features		Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
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Wisdom Capital Vs Finvasia Review

Wisdom Capital is rated 3.6 of 5 based on 30 customer reviews whereas Finvasia is rated 4.6 of 5 based on 40 customer reviews.

	Wisdom Capital	Finvasia
	30 Customer Reviews	40 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	Finvasia is rated 4.6 of 5 based on 40 customer reviews

Wisdom Capital Vs Finvasia Investment Options

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

Wisdom Capital Vs Finvasia Order Type Offered

	Wisdom Capital	Finvasia
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 Finvasia Research Report

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

Wisdom Capital Vs Finvasia Suitable For Investor Type

	Wisdom Capital	Finvasia
Casual Investor
Active Investor
Trader

Wisdom Capital Vs Finvasia - Pros and Cons

	Wisdom Capital	Finvasia
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.	Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform. Doesn't charge any trade clearing charges. A variety of trading platforms are available for the trader to choose from. Provides trading API and support Algo trading tools. Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients. Call & trade is available for free to all the customers. GTC orders are available in MCX.
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.	Scalpter, the web-based trading platform has only 1 min charting frame. Bracket orders are chargeable. NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees. GTC orders are not available at NSE and BSE. Finvasia is an online stock broker. It doesn't have branch offices. Doesn't offer a 3-in-1 account. Doesn't offer margin funding. Leverage offered is on the lower side in comparison with other discount brokers.
Reviews
Promo / Offers
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