Wisdom Capital Vs Paytm Money (Compare Wisdom Capital and Paytm Money)


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


Paytm Money
Incorporated in 2017, Paytm Money Limited (commonly known as Paytm Money) is a Bengaluru based discount brokering firm. Paytm Money is a wholly-owned subsidiary of India's largest and leading digital goods and mobile platform, One97 Communications Ltd that also owns the Paytm brand. Paytm is an RBI-approved Indian e-commerce payment system. Paytm Money is a SEBI registered stockbroker and an Investment Advisor. The company has a depository participant membership of CDSL and is also a member of ... Know more about Paytm Money Limited

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Wisdom Capital Vs Paytm Money

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 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India.

  Wisdom Capital Paytm Money
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX NSE and BSE
Year of Incorporation 2013 2017
Number of Branches 250 1
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Wisdom Capital Vs Paytm Money Charges & AMC

Wisdom Capital trading account opening charges is Rs 0 while Paytm Money account opening changes is Rs 200. Wisdom Capital Demat Account AMC Charges is Rs 999 (Lifetime) and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

  Wisdom Capital Paytm Money
Trading Account Opening Charges Rs 0 Rs 200
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 (Free)
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Wisdom Capital Vs Paytm Money Brokerage Charges & Plans

Wisdom Capital Vs Paytm Money Brokerage

Wisdom Capital brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order whereas Paytm Money brokerage charges for equity is Rs 0 (Free) and intraday is Lower of 0.05% or Rs 10 per executed order.

  Wisdom Capital Paytm Money
Account Type Pro Plan Standard Plan
Fixed Charges NA
Equity Delivery Rs 9 per executed order Rs 0 (Free)
Equity Intraday Rs 9 per executed order Lower of 0.05% or 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
Currency Options Rs 9 per executed order
Commodity Futures Rs 9 per executed order
Commodity Options Rs 9 per executed order
Special Offer
Special Offer: Brokerage free equity delivery trading + Flat Rs 10 Intra-day and F&O trades + Rs 0 Demat AMC. Get the offer

Wisdom Capital Vs Paytm Money Brokerage Plan 2

  Wisdom Capital Paytm Money
Account Type Freedom Plan Standard Plan
Fixed Charges Rs 999 per month per segment NA
Equity Delivery Rs 0 Rs 0 (Free)
Equity Intraday Rs 0 Lower of 0.05% or Rs 10 per executed order
Equity Futures Rs 0 Rs 10 per executed order
Equity Options Rs 0 Rs 10 per executed order
Currency Futures Rs 0
Currency Options Rs 0
Commodity Futures Rs 0
Commodity Options Rs 0

Wisdom Capital Charges Vs Paytm Money

Minimum Brokerage Rs 0.01 per executed order on Equity Delivery trades
Other Charges Platform Usage Fees - Rs300 p.a; Physical Statements/Documents - ₹300 per request + ₹300 per Courier
Call & Trade Charges Rs 20 per executed order Rs 300
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Wisdom Capital Vs Paytm Money Transaction Charges

Wisdom Capital transaction charges for options is 0.06% (on premium) while Paytm Money exchange transaction charges for options is Rs 5,000 per Cr (0.05%).

  Wisdom Capital Paytm Money
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% Rs 190 per Cr (0.0019%)
Equity Options 0.06% (on premium) Rs 5,000 per Cr (0.05%)
Currency Futures
Currency Options
Commodity 0.0025%
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Wisdom Capital Vs Paytm Money 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 Paytm Money 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 Paytm Money
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 Paytm Money Features

The trading platforms offered Wisdom Capital include NEST. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

  Wisdom Capital Paytm Money
3 in 1 Account No No
Charting Yes Yes
Automated Trading No
SMS Alerts Yes No
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 Paytm Money mobile app, Paytm Money website
Intraday Square-off Time 3:15 PM
Other Features
Referral Program
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Wisdom Capital Vs Paytm Money Review

Wisdom Capital is rated 3.6 of 5 based on 30 customer reviews whereas Paytm Money is rated 3.4 of 5 based on 16 customer reviews.

  Wisdom Capital Paytm Money
  30 Customer Reviews    Rate Wisdom Capital 16 Customer Reviews    Rate Paytm Money
Fees 4.0 3.4
Brokerage 4.2 3.9
Trading Platform 3.3 3.7
Customer Service 3.4 2.5
Research Capabilities 2.8 3.2
Overall Ratings Rated 3.6 stars Rated 3.4 stars
Broker Rating Wisdom Capital is rated 3.6 of 5 based on 30 customer reviews Paytm Money is rated 3.4 of 5 based on 16 customer reviews
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Contact Broker / Request A Call Back

  Wisdom Capital Enquire Paytm Money Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Brokerage free equity delivery trading + Flat Rs 10 Intra-day and F&O trades + Rs 0 Demat AMC. Get the offer
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Wisdom Capital Vs Paytm Money Investment Options

  Wisdom Capital Paytm Money
Stock / Equity No Yes
Commodity Yes No
Currency Yes No
IPO No Yes
Mutual Funds No Yes
Bond / NCD No No
Debt No No
Other Investment Options NPS Retirement Fund, Digital Fund
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Wisdom Capital Vs Paytm Money Order Type Offered

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

  Wisdom Capital Paytm Money
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 Paytm Money Suitable For Investor Type

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

  Wisdom Capital Paytm Money
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.
  • Brokerage free equity delivery trading.
  • Low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Direct MF platform that helps you earn an extra 1% returns.
  • Zero Maintenance Charges.
  • Instant digital account opening.
  • Simple and easy trading platforms.
  • Online IPO application services.
  • Offers to invest in NPS and digital gold investment along with Stocks, Derivatives, and MF.
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.
  • Branch support not available.
  • GTC order type not available.
  • Trading platforms uses fee: Rs 300 per year.
  • No Margin trading facility.
  • No Margin against shares.
  • Commodity and Currency trading not available.
Reviews

Paytm Money Limited, commonly known as Paytm Money, is a Bengaluru based online discount broker incorporated in 2017 offering trading and investment services for an entire range of financial products like Equity, Derivatives, Direct Mutual Funds, Digital gold, NPS retirement funds, and IPO. The company also provides investment advisory services by way of offering investment packs for mutual fund investments.

The company claims to be a leader and pioneer in low-cost trading. Paytm Money follows a flat fee model. The maximum brokerage charged by the broker is Rs 10 per trade. Paytm Money offers free Equity Delivery trading. Paytm Money is a member of NSE and BSE and has a depository membership with CDSL.

Paytm Money charges Rs 200 towards account opening and zero annual maintenance charges for the Demat account. The company offers an online trading platform - Paytm Money on Android, iOS, and website.

Promo / Offers

Free Equity Delivery Trading

Get free equity delivery trading (no brokerage) and pay flat Rs 10 brokerage for Intraday and F&O trades. Rs 0 AMC for your demat account. To open an account with Paytm Money, simply Open Online Account or request a callback.

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Wisdom Capital Paytm Money
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