Wisdom Capital Vs Karvy (Compare Wisdom Capital and Karvy)

The side-by-side comparison of Wisdom Capital and Karvy. Compare Wisdom Capital Vs Karvy brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Wisdom Capital vs Karvy?


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


Karvy

Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail.

Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.

Karvy Customers,

Need Help Moving to Another Broker?

Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services. They offer Customized investment solutions to corporate, institutions and individual investors through its wide network of offices. Using their combine account facility one can trade in Equities, Derivatives, Currency or invest in IPOs, Mutual funds or NCDs under one roof. Based in Hyderabad they are among one ... Know more about Karvy Stock Broking Ltd

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Wisdom Capital Vs Karvy

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 1985, Karvy is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 575 branches across India.

  Wisdom Capital Karvy
Type of Broker Discount Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Account Type Pro Plan Retail Brokerage Plan
Year of Incorporation 2013 1985
Number of Branches 250 575
Broker Enquiry Open an Online Trading Account with Wisdom Capital. Leave your contact info and we will get in touch with you.
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Wisdom Capital Vs Karvy Charges & AMC

Wisdom Capital trading account opening charges is ₹0 while Karvy account opening changes is ₹650. Wisdom Capital Demat Account AMC Charges is ₹999 (Lifetime) and Karvy Demat Account AMC Charges is ₹420.

  Wisdom Capital Karvy
Trading Account Opening Charges ₹0 ₹650
Trading Account AMC Charges ₹0 ₹0
Demat Account Opening Charges ₹0 (Free) ₹0
Demat Account AMC Charges ₹999 (Lifetime) ₹420
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Wisdom Capital Vs Karvy Brokerage Charges & Plans

Wisdom Capital Vs Karvy Brokerage

Wisdom Capital brokerage charges for equity is ₹9 per executed order and intraday is ₹9 per executed order whereas Karvy brokerage charges for equity is 0.3% and intraday is 0.03%.

  Wisdom Capital Karvy
Account Type Pro Plan Retail Brokerage Plan
Fixed Charges
Equity Delivery Brokerage ₹9 per executed order 0.3%
Equity Intraday Brokerage ₹9 per executed order 0.03%
Equity Futures Brokerage ₹9 per executed order 0.03%
Equity Options Brokerage ₹9 per executed order ₹30 per lot
Currency Futures Trading Brokerage ₹9 per executed order 0.03%
Currency Options Trading Brokerage ₹9 per executed order ₹30 per lot
Commodity Futures Trading Brokerage ₹9 per executed order 0.03%
Commodity Options Trading Brokerage ₹9 per executed order ₹30 per lot
Special Offer

Wisdom Capital Vs Karvy Brokerage Plan 2

  Wisdom Capital Karvy
Account Type Freedom Plan Premium Subscription Plan of 100000
Fixed Charges ₹999 per month per segment ₹100,000 per year
Equity Delivery Brokerage ₹0 0.1%
Equity Intraday Brokerage ₹0 0.01%
Equity Futures Brokerage ₹0 0.01%
Equity Options Brokerage ₹0 ₹10 per lot
Currency Futures Trading Brokerage ₹0 0.01%
Currency Options Trading Brokerage ₹0 ₹10 per lot
Commodity Futures Trading Brokerage ₹0 0.01%
Commodity Options Trading Brokerage ₹0 ₹10 per lot

Wisdom Capital Charges Vs Karvy

Minimum Brokerage Charges Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
Other Brokerage Charges
Call & Trade Charges ₹20 per executed order
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Wisdom Capital Vs Karvy Transaction Charges

Wisdom Capital transaction charges for options is 0.06% (on premium) while Karvy exchange transaction charges for options is ₹5500.

  Wisdom Capital Karvy
Equity Delivery 0.0035% ₹325
Equity Intraday 0.0035% ₹325
Equity Futures 0.0028% ₹230
Equity Options 0.06% (on premium) ₹5500
Currency Futures ₹325
Currency Options
Commodity 0.0025% ₹300
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Wisdom Capital Vs Karvy Leverage (Margin)

Wisdom Capital provides the margin of 5x to 40x (dependent on brokerage plan) for intraday trades whereas the Karvy margin for intraday cash is Upto 20x.

  Wisdom Capital Karvy
Equity Delivery 5x to 40x (dependent on brokerage plan) Upto 5x with 24% interest per year
Equity Intraday 5x to 40x (dependent on brokerage plan) Upto 20x
Equity Futures 5x to 20x (dependent on brokerage plan) Upto 4x
Equity Options 5x to 40x (dependent on brokerage plan) Upto 4x for shorting
Currency Futures 4x to 15x (dependent on brokerage plan) Nil
Currency Options 4x to 15x (dependent on brokerage plan) Nil
Commodity Futures 5x to 20x (dependent on brokerage plan) Upto 4x
Commodity Options
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Compare Wisdom Capital and Karvy Features

The trading platforms offered Wisdom Capital include NEST. Karvy offers NEST, Karvy Web, Trade Mobile trading software.

  Wisdom Capital Karvy
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes
SMS Alerts Yes Yes
Online Demo No Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform NEST NEST, Karvy Web, Trade Mobile
Intraday Square-off Time 3:15
Other Features Ask the expert, The Finapolis
Referral Program
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Wisdom Capital Vs Karvy Review

Wisdom Capital is rated 3.6 of 5 based on 29 customer reviews whereas Karvy is rated 2.0 of 5 based on 24 customer reviews.

  Wisdom Capital Karvy
  29 Customer Reviews    Rate Wisdom Capital 24 Customer Reviews    Rate Karvy
Fees 4.0 2.6
Trading Brokerage 4.2 2.4
Trading Platform Usability 3.3 2.7
Customer Service 3.4 2.2
Research Capabilities 3.0
Overall Ratings Rated 3.6 stars Rated 2.0 stars
Broker Rating Wisdom Capital is rated 3.6 of 5 based on 29 customer reviews Karvy is rated 2.0 of 5 based on 24 customer reviews
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Contact Broker / Request A Call Back

  Wisdom Capital Enquire Karvy Enquire
Contact Broker

Leave your contact information and we will get in touch with you....

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Wisdom Capital Vs Karvy Investment Options

  Wisdom Capital Karvy
Stock / Equity No Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds No Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options
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Wisdom Capital Vs Karvy Order Type Offered

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

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

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

  Wisdom Capital Karvy
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.
  1. Pay ₹1200 one time and get life time free AMC demat account
  2. Offers investment in IPO and Mutual funds
  3. Free research reports
  4. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
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.
  1. Doesn't offer 3 in 1 account
  2. Brokerage rates are negotiable
  3. Higher brokerage compare to discount brokers
Reviews
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