Wisdom Capital Vs Fyers (Compare Wisdom Capital and Fyers)

Wisdom Capital Vs Fyers

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 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India.

	Wisdom Capital	Fyers
Type of Broker	Discount Broker	Discount Broker
Supported Exchnages	BSE, NSE, MCX, NCDEX	NSE, MCX
Account Type	Pro Plan	Flat Fee Brokerage Plan
Year of Incorporation	2013	2015
Number of Branches	250	0
Broker Enquiry
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Wisdom Capital Vs Fyers Charges & AMC

Wisdom Capital trading account opening charges is ₹0 while Fyers account opening changes is ₹400 (Free). Wisdom Capital Demat Account AMC Charges is ₹999 (Lifetime) and Fyers Demat Account AMC Charges is ₹300.

	Wisdom Capital	Fyers
Trading Account Opening Charges	₹0	₹400 (Free)
Trading Account AMC Charges	₹0	₹0 (Free)
Demat Account Opening Charges	₹0 (Free)	₹0 (Free)
Demat Account AMC Charges	₹999 (Lifetime)	₹300

Wisdom Capital Vs Fyers Brokerage

Wisdom Capital brokerage charges for equity is ₹9 per executed order and intraday is ₹9 per executed order whereas Fyers brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order or .03% whichever is lower.

	Wisdom Capital	Fyers
Account Type	Pro Plan	Flat Fee Brokerage Plan
Fixed Charges
Equity Delivery Brokerage	₹9 per executed order	₹0 (Free)
Equity Intraday Brokerage	₹9 per executed order	₹20 per executed order or .03% whichever is lower
Equity Futures Brokerage	₹9 per executed order	₹20 per executed order or .03% whichever is lower
Equity Options Brokerage	₹9 per executed order	₹20 per executed order
Currency Futures Trading Brokerage	₹9 per executed order	₹20 per executed order or .03% whichever is lower
Currency Options Trading Brokerage	₹9 per executed order	₹20 per executed order
Commodity Futures Trading Brokerage	₹9 per executed order	₹20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage	₹9 per executed order	₹20 per executed order
Special Offer		Special Offer: Brokerage free equity delivery trading (no commission) + Max flat ₹20 Intra-day and F&O trades. Get the offer

Wisdom Capital Vs Fyers Brokerage Plan 2

	Wisdom Capital	Fyers
Account Type	Freedom Plan	Flat Fee Brokerage Plan
Fixed Charges	₹999 per month per segment	NA
Equity Delivery Brokerage	₹0	₹0 (Free)
Equity Intraday Brokerage	₹0	₹20 per executed order or .03% whichever is lower
Equity Futures Brokerage	₹0	₹20 per executed order or .03% whichever is lower
Equity Options Brokerage	₹0	₹20 per executed order
Currency Futures Trading Brokerage	₹0	₹20 per executed order or .03% whichever is lower
Currency Options Trading Brokerage	₹0	₹20 per executed order
Commodity Futures Trading Brokerage	₹0	₹20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage	₹0	₹20 per executed order
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Wisdom Capital Charges Vs Fyers

Minimum Brokerage Charges		Intra-day: ₹7 or 2.5% whichever is lower
Other Brokerage Charges		Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)
Call & Trade Charges	₹20 per executed order	₹20 per trade

Wisdom Capital Vs Fyers Transaction Charges

Wisdom Capital transaction charges for options is 0.06% (on premium) while Fyers exchange transaction charges for options is ₹5900 per Cr (on premium) (0.059%).

	Wisdom Capital	Fyers
Equity Delivery	0.0035%	₹325 per Cr (0.00325%)
Equity Intraday	0.0035%	₹325 per Cr (0.00325%)
Equity Futures	0.0028%	₹240 per Cr (0.0024%)
Equity Options	0.06% (on premium)	₹5900 per Cr (on premium) (0.059%)
Currency Futures		₹240 per Cr (0.0024%)
Currency Options		₹5900 per Cr (on premium) (0.059%)
Commodity	0.0025%	NA
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Wisdom Capital Vs Fyers Leverage (Margin)

Wisdom Capital provides the margin of 5x to 40x (dependent on brokerage plan) for intraday trades whereas the Fyers margin for intraday cash is Up to 16x (based on the stock).

	Wisdom Capital	Fyers
Equity Delivery	5x to 40x (dependent on brokerage plan)	1 times
Equity Intraday	5x to 40x (dependent on brokerage plan)	Up to 16x (based on the stock)
Equity Futures	5x to 20x (dependent on brokerage plan)	Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options	5x to 40x (dependent on brokerage plan)	Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x
Currency Futures	4x to 15x (dependent on brokerage plan)	Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options	4x to 15x (dependent on brokerage plan)	Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)
Commodity Futures	5x to 20x (dependent on brokerage plan)	NA
Commodity Options
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Compare Wisdom Capital and Fyers Features

The trading platforms offered Wisdom Capital include NEST. Fyers offers Fyers One (In-house build) trading software.

	Wisdom Capital	Fyers
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	NEST	Fyers One (In-house build)
Intraday Square-off Time		3:20 PM
Other Features		Brokerage free thematic investing is available
Referral Program
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Wisdom Capital Vs Fyers Review

Wisdom Capital is rated 3.6 of 5 based on 29 customer reviews whereas Fyers is rated 4.0 of 5 based on 14 customer reviews.

	Wisdom Capital	Fyers
	29 Customer Reviews	14 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Wisdom Capital is rated 3.6 of 5 based on 29 customer reviews	Fyers is rated 4.0 of 5 based on 14 customer reviews

Wisdom Capital Vs Fyers Investment Options

	Wisdom Capital	Fyers
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Wisdom Capital Vs Fyers Order Type Offered

	Wisdom Capital	Fyers
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 Fyers Research Report

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

Wisdom Capital Vs Fyers Suitable For Investor Type

	Wisdom Capital	Fyers
Casual Investor
Active Investor
Trader

Wisdom Capital Vs Fyers - Pros and Cons

	Wisdom Capital	Fyers
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.	Free equity delivery trades and thematic investments. No brokerage for this segment. Very low brokerage charges of maximum ₹20 per trade. No software charges. State of art trading platforms. Thematic investment is available Refer your friends and earn 20% of the revenues generated by your friends, for life!
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 ₹550/pm for semi automated trading.	Depository services are offered through another company (IL&FS). Higher demat charges. No branch offices. No good 'til canceled (GTC) orders.
Reviews
Promo / Offers		Free Equity Delivery Trading Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Fyers, simply leave your contact information with us and Fyers representatives will call you.
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