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Wisdom Capital Vs Groww (Compare Wisdom Capital and Groww)


Wisdom Capital Logo

Wisdom Capital
Incorporated in 2013, Wisdom Capital is an online discount brokerage firm offering brokerage services for stocks, future and options, currency and commodities on NSE, BSE, MCX & NCDEX. Wisdom Capital Group offers broker assisted trade execution and automated online investing on all the stocks in BSE and NSE. They provide tools like charting, live data etc either free of cost or at a minimal price for making informed decisions and substantial gains. Wisdom Capital offers precious metal futu... Know more about Wisdom Capital


Nextbillion Technology pvt ltd Logo

Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE. Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe... Know more about Nextbillion Technology pvt ltd

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Wisdom Capital Vs Groww

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 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

  Wisdom Capital Groww
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX NSE and BSE
Year of Incorporation 2013 2016
Number of Branches 250 0
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Wisdom Capital Vs Groww Charges & AMC

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

  Wisdom Capital Groww
Trading Account Opening Charges Rs 0 Rs 0
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 999 (Lifetime) Rs 0
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Wisdom Capital Vs Groww Brokerage Charges & Plans

Wisdom Capital Vs Groww Brokerage

Wisdom Capital brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.

  Wisdom Capital Groww
Account Type Pro Plan Standard Plan
Fixed Charges NA
Equity Delivery Rs 9 per executed order Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Rs 9 per executed order Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Rs 9 per executed order NA
Equity Options Rs 9 per executed order NA
Currency Futures Rs 9 per executed order NA
Currency Options Rs 9 per executed order NA
Commodity Futures Rs 9 per executed order NA
Commodity Options Rs 9 per executed order NA
Special Offer

Wisdom Capital Vs Groww Brokerage Plan 2

  Wisdom Capital Groww
Account Type Freedom Plan Standard Plan
Fixed Charges Rs 999 per month per segment NA
Equity Delivery Rs 0 Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Rs 0 Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Rs 0 NA
Equity Options Rs 0 NA
Currency Futures Rs 0 NA
Currency Options Rs 0 NA
Commodity Futures Rs 0 NA
Commodity Options Rs 0 NA

Wisdom Capital Charges Vs Groww

Minimum Brokerage Rs 20 or 0.05% per executed order
Other Charges Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges Rs 20 per executed order NA
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Wisdom Capital Vs Groww Transaction Charges

Wisdom Capital transaction charges for options is 0.06% (on premium) while Groww exchange transaction charges for options is NA.

  Wisdom Capital Groww
Equity Delivery 0.0035% NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday 0.0035% NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures 0.0028% NA
Equity Options 0.06% (on premium) NA
Currency Futures NA
Currency Options NA
Commodity 0.0025% NA
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Wisdom Capital Vs Groww Leverage (Margin)

Wisdom Capital margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Groww margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Wisdom Capital Groww
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Wisdom Capital and Groww Features

The trading platforms offered Wisdom Capital include NEST. Groww offers Groww trading software.

  Wisdom Capital Groww
3 in 1 Account No No
Charting Yes Yes
Automated Trading No
SMS Alerts Yes Yes
Online Demo No Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
Trading Platform NEST Groww
Intraday Square-off Time 3:10 PM
Other Features
Referral Program
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Wisdom Capital Vs Groww Review

Wisdom Capital is rated 3.6 of 5 based on 30 customer reviews whereas Groww is rated 3.8 of 5 based on 36 customer reviews.

  Wisdom Capital Groww
  30 Customer Reviews    Rate Wisdom Capital 36 Customer Reviews    Rate Groww
Fees 4.0 4.2
Brokerage 4.2 3.9
Trading Platform 3.3 3.8
Customer Service 3.4 3.4
Research Capabilities 2.8 2.8
Overall Ratings Rated 3.6 stars Rated 3.8 stars
Broker Rating Wisdom Capital is rated 3.6 of 5 based on 30 customer reviews Groww is rated 3.8 of 5 based on 36 customer reviews
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Contact Broker / Request A Call Back

  Wisdom Capital Enquire Groww Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Leave your contact information and we will get in touch with you....
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Wisdom Capital Vs Groww Investment Options

  Wisdom Capital Groww
Stock / Equity No Yes
Commodity Yes No
Currency Yes No
IPO No Yes
Mutual Funds No Yes
Bond / NCD No No
Debt No Yes
Other Investment Options Digital Gold, US Stocks, Fixed Deposits
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Wisdom Capital Vs Groww Order Type Offered

  Wisdom Capital Groww
Bracket Order No No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) No No
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Wisdom Capital Vs Groww Research Report

  Wisdom Capital Groww
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis No No
News Alerts No No
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Wisdom Capital Vs Groww Suitable For Investor Type

  Wisdom Capital Groww
Casual Investor Yes
Active Investor
Trader
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Wisdom Capital Vs Groww - Pros and Cons

  Wisdom Capital Groww
Pros
  1. Trade all market segments i.e. NSE Cash, F&O, Currency and MCX Commodities with single trading terminal.
  2. Monthly unlimited trading plans available for trading at NSE, BSE and MCX.
  3. Trading Software's including website, mobile app and installable trading terminals are available for free.
  4. No minimum brokerage.
  5. They allow to trade Nifty with 3000, Crude with 3000 & Mega Gold with 9000 margins.
  6. They offers semi & fully automated Algo trading.
  • Simple pricing model with low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Zero Account opening fee.
  • Zero Maintenance Charges.
  • Direct MF platform that helps you earn an extra 1.5% returns.
  • E-books, Resources, and Blogs that provide the basics and updates on the stock market to help investors make an informed decision.
  • Instant paperless account opening.
  • Online IPO application.
  • Inhouse Brokerage Calculator
  • Option to invest online in digital gold and US Stocks. Other products (Derivatives, FD) in the pipeline. 
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.
  • Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment.
  • No Call and Trade services.
  • Branch support not available.
  • Do not provide stock tips, research reports, or recommendations.
  • No Margin trading facility.
  • No Margin against shares.
  • Advanced order types like BO, CO, AMO, and GTT not available.
  • Trailling stop loss orders are not available in Groww app.
  • Do not offer NRI Trading.
Reviews

Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository.

Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds.

The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors.

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