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Wisdom Capital Vs ProStocks Share Broker Comparison

The side-by-side comparison of Wisdom Capital and ProStocks stock brokers in India. The comparison below highlights the similarities and differences between Wisdom Capital and ProStocks's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Wisdom Capital and ProStocks.

  Wisdom Capital ProStocks
 
Wisdom Capital Logo ProStocks Logo
About the Broker 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 an... Know more about Wisdom Capital ProStocks is a SEBI registered Stock Broker and Depository Participant. ProStocks is fastest growing flat fee discount stock broker offering online trading at BSE and NSE. ProStocks is famous for the unlimited trading plan. This plan offer unlimited ... Know more about ProStocks
Type of Broker Discount Broker Discount Broker
Supported Exchnage BSE, NSE, MCX, NCDEX BSE, NSE
Account Type Rs 9 per trade plan Flat Fee Plan
Broker Enquiry Open an Online Trading Account with Wisdom Capital. Leave your contact info and we will get in touch with you. Open an Online Trading Account with ProStocks. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Wisdom Capital ProStocks
Trading Account Opening Fees Rs 0 ₹0
Trading Account AMC Rs 0 ₹0
Demat Account Opening Fees Rs 0 ₹0
Demat Account AMC Rs 999 (Lifetime) ₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Wisdom Capital ProStocks
Account Type Rs 9 per trade plan Flat Fee Plan
Fixed Charges
Equity Delivery Brokerage Rs 9 ₹15
Equity Intraday Brokerage Rs 9 ₹15
Equity Futures Brokerage Rs 9 ₹15
Equity Options Brokerage Rs 9 ₹15
Currency Futures Trading Brokerage Rs 9 ₹15
Currency Options Trading Brokerage Rs 9 ₹15
Commodity Futures Trading Brokerage Rs 9
Commodity Options Trading Brokerage

Brokerage Plan 2

  Wisdom Capital ProStocks
Account Type Rs 999 per month plan Monthly Unlimited Equity
Fixed Charges Rs 999 ₹899
Equity Delivery Brokerage Rs 0 ₹0
Equity Intraday Brokerage Rs 0 ₹0
Equity Futures Brokerage Rs 0 ₹0
Equity Options Brokerage Rs 0 ₹0
Currency Futures Trading Brokerage Rs 0
Currency Options Trading Brokerage Rs 0
Commodity Futures Trading Brokerage Rs 0
Commodity Options Trading Brokerage

Brokerage Plan 3

  Wisdom Capital ProStocks
Account Type Rs 5555 per year plan Monthly Unlimited Currency
Fixed Charges Rs 5555 ₹499
Equity Delivery Brokerage Rs 0
Equity Intraday Brokerage Rs 0
Equity Futures Brokerage Rs 0
Equity Options Brokerage Rs 0
Currency Futures Trading Brokerage Rs 0 ₹0
Currency Options Trading Brokerage Rs 0 ₹0
Commodity Futures Trading Brokerage Rs 0
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges
Other Brokerage Charges
Call & Trade Charges
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Taxes

  Wisdom Capital ProStocks
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Wisdom Capital ProStocks
Equity Delivery 0.0035% NSE: 0.00325% | BSE: 0.00275%
Equity Intraday 0.0035% NSE: 0.00325% | BSE: 0.00275%
Equity Futures 0.0028% NSE: 0.0019% | BSE: 0.0005%
Equity Options 0.06% (on premium) NSE: 0.050% | BSE: 0.0025%
Currency Futures NSE: 0.0011% | BSE: 0.0001%
Currency Options NSE: 0.040% | BSE: 0.0001%
Commodity 0.0025%
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Exposure

  Wisdom Capital ProStocks
Equity Delivery 5x to 40x (dependent on brokerage plan) 1x (no margin)
Equity Intraday 5x to 40x (dependent on brokerage plan) 7x (Margin intraday sq off) | 10x (Cover Order)
Equity Futures 5x to 20x (dependent on brokerage plan) 1.5x
Equity Options 5x to 40x (dependent on brokerage plan) 1x (no margin)
Currency Futures 4x to 15x (dependent on brokerage plan) 1.5x
Currency Options 4x to 15x (dependent on brokerage plan) 1x (no margin)
Commodity 5x to 20x (dependent on brokerage plan) NA
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Share Broker Features

  Wisdom Capital ProStocks
3 in 1 Account No No
Charting Yes Yes
Automated Trading No
SMS Alerts Yes No
Online Demo No Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform NEST ProStocks, NSE NOW
Intraday Square-off Time Equity 3:15 PM | Curr: 4:45 PM
Other Features
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Broker Ratings (Average User Rating)

  Wisdom Capital ProStocks
  21 Customer Reviews    Rate Wisdom Capital 24 Customer Reviews    Rate ProStocks
Fees Ratings 3.8 4.6
Trading Brokerage Rating 4.2 4.4
Trading Platform Usability 3.2 2.9
Customer Service Ratings 3.1 3.1
Overall Ratings Rated 3.4 stars Rated 3.3 stars
Broker Rating Wisdom Capital is Rated 3.4 / 5 based on 21 customer reviews ProStocks is Rated 3.3 / 5 based on 24 customer reviews
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Contact Broker / Request A Call Back

  Wisdom Capital ProStocks
Contact / Request Call Back
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Investment Options Available

  Wisdom Capital ProStocks
Stock / Equity No Yes
Commodity Yes No
Currency Yes Yes
Initial Public Offers (IPO) No No
Mutual Funds No No
Bond / NCD No No
Debt No No
Other Investment Options
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Customer Service Offered

  Wisdom Capital ProStocks
24/7 Customer Service No No
Onine Live Chat Yes No
Through Branches No No
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Order Type

  Wisdom Capital ProStocks
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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Research / Tips / Reports Published

  Wisdom Capital ProStocks
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis No No
News Alerts No No
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Suitable for Investor Category

  Wisdom Capital ProStocks
Casual Investor Yes
Active Investor Yes
Trader Yes

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Pros, Cons and Other Review Comments

  Wisdom Capital ProStocks
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.

More Advantages...

  • Cheapest flat fee broker in India. Offers ₹899 unlimited equity and equity f&o trading and ₹15 per trade plan.
  • 2-in-1 Accounts offers seamless transactions between trading and demat account.
  • 5 Pricing plans to choose from offers flexibility to stock market investors and active trader. Its extremely easy to switch between the plans.
  • Lowest exchange transaction changes, guaranteed.
  • Life time free demat account with one time ₹1000 deposit. No account opening and no annual maintenance charges.
  • Lowest stamp duty for customer outside Maharashtra. Max stamp duty charged is ₹50 per day.
  • ProStocks do not charge PCM fee to customers. Most other broker include PCM fee to Exchange Transaction Fee.
  • Cheapest Call & Trade fee (₹10 per executed order) among all discount brokers. Other brokers charge minimum ₹20 per trade.
  • 24x7 customer service though Advance Interactive voice response(IVR).

More Advantages...

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.

More Disadvantages...

More Disadvantages...

Reviews Useful articles about ProStocks:
Promo / Offers

ProStocks offer FREE Trading + Demat Account. You can trade unlimited in equity & equity f&o segment for ₹899/month or choose ₹15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer ₹0 Demat AMC with one time ₹1000 refundable deposit.

This is a limited time offer. Simply leave your contact information with us and ProStocks representatives will contact you.

Enquire about Wisdom Capital Enquire about ProStocks
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