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Wisdom Capital Vs RMoney (Compare Wisdom Capital and RMoney)

The side-by-side comparison of Wisdom Capital and RMoney. Compare Wisdom Capital Vs RMoney brokerage, charges, exposure margin, demat account. Read RMoney and Wisdom Capital review.

Find out Wisdom Capital Vs RMoney which is better and Wisdom Capital Vs RMoney which is best.

Our Wisdom Capital comparison with Raghunandan Capital Pvt Ltd highlights the major differences between two brokers. Find the best between Wisdom Capital and RMoney.

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Wisdom Capital Vs RMoney

  Wisdom Capital Raghunandan Capital Pvt Ltd
 
Wisdom Capital Logo Raghunandan Capital Pvt Ltd 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 Incorporated in 2004, Raghunandan Money (RMoney) is Agra based financial service provider. The company offers a range of financial products. This including Online Stock & Commodity Broking, Mutual Funds, IPO, Insurance (Life & General), Bonds... Know more about Raghunandan Capital Pvt Ltd
Type of Broker Discount Broker Discount Broker
Supported Exchnage BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Account Type Rs 9 per trade plan Zero Brokerage Plans
Broker Enquiry Open an Online Trading Account with Wisdom Capital. Leave your contact info and we will get in touch with you.
Year of Incorporation 2013
Number of Branches 250
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Wisdom Capital Vs RMoney Charges

  Wisdom Capital Raghunandan Capital Pvt Ltd
Trading Account Opening Fees Rs 0 ₹0 (Free)
Trading Account AMC Rs 0 ₹0 (Free)
Demat Account Opening Fees Rs 0 ₹0 (Free)
Demat Account AMC Rs 999 (Lifetime) ₹0 for lifetime (Free)
Demat Account is Mandatory? No No
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Wisdom Capital Vs RMoney Brokerage

Brokerage Plan 1

  Wisdom Capital Raghunandan Capital Pvt Ltd
Account Type Rs 9 per trade plan Zero Brokerage Plans
Fixed Charges
Equity Delivery Brokerage Rs 9 ₹0 (Free)
Equity Intraday Brokerage Rs 9 ₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage Rs 9 ₹18 per executed order or .01% whichever is lower
Equity Options Brokerage Rs 9 ₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage Rs 9 ₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage Rs 9 ₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage Rs 9 ₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage

Brokerage Plan 2

  Wisdom Capital Raghunandan Capital Pvt Ltd
Account Type Rs 999 per month plan Happy Service Plan
Fixed Charges Rs 999 NA
Equity Delivery Brokerage Rs 0 0.10% to 0.40%
Equity Intraday Brokerage Rs 0 0.01% to 0.04%
Equity Futures Brokerage Rs 0 0.005% to 0.02%
Equity Options Brokerage Rs 0 ₹20 to ₹80 per lot
Currency Futures Trading Brokerage Rs 0 0.005% to 0.02%
Currency Options Trading Brokerage Rs 0 0.005% to 0.02%
Commodity Futures Trading Brokerage Rs 0 0.005% to 0.02%
Commodity Options Trading Brokerage

Brokerage Plan 3

  Wisdom Capital Raghunandan Capital Pvt Ltd
Account Type Rs 5555 per year plan Zero Brokerage Plans
Fixed Charges Rs 5555 NA
Equity Delivery Brokerage Rs 0 ₹0 (Free)
Equity Intraday Brokerage Rs 0 ₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage Rs 0 ₹18 per executed order or .01% whichever is lower
Equity Options Brokerage Rs 0 ₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage Rs 0 ₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage Rs 0 ₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage Rs 0 ₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges ₹0
Other Brokerage Charges Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment
Call & Trade Charges ₹0 (Unlimited Calls)
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Wisdom Capital Vs RMoney Taxes

  Wisdom Capital Raghunandan Capital Pvt Ltd
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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Wisdom Capital Vs RMoney Transaction Charges

  Wisdom Capital Raghunandan Capital Pvt Ltd
Equity Delivery 0.0035% NSE ₹325 per crore | BSE ₹275 per crore (0.00275%)
Equity Intraday 0.0035% NSE ₹325 per crore | BSE ₹275 per crore (0.00275%
Equity Futures 0.0028% NSE ₹250 per crore | BSE ₹110 per crore (0.0011%)
Equity Options 0.06% (on premium) NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%)
Currency Futures NSE, BSE - ₹150 per crore (0.0015%)
Currency Options NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity 0.0025% MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%)
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Wisdom Capital Vs RMoney Exposure Margin

  Wisdom Capital Raghunandan Capital Pvt Ltd
Equity Delivery 5x to 40x (dependent on brokerage plan) Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5)
Equity Intraday 5x to 40x (dependent on brokerage plan) 20x (5%) (Intraday Only)
Equity Futures 5x to 20x (dependent on brokerage plan) Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%)
Equity Options 5x to 40x (dependent on brokerage plan) Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin
Currency Futures 4x to 15x (dependent on brokerage plan) Intraday - 100X (1%)
Currency Options 4x to 15x (dependent on brokerage plan) Intraday - 100X (1%)
Commodity Futures 5x to 20x (dependent on brokerage plan) Intraday - 77X (1.3%)
Commodity Options
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Wisdom Capital and RMoney Feature Comparison

  Wisdom Capital Raghunandan Capital Pvt Ltd
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 Available Yes No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform NEST RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time Equity 3:15 PM
Other Features
Referral Program
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Wisdom Capital Vs RMoney Review

  Wisdom Capital Raghunandan Capital Pvt Ltd
  22 Customer Reviews    Rate Wisdom Capital 3 Customer Reviews    Rate RMoney
Fees Ratings 3.8 4.7
Trading Brokerage Rating 4.2 4.7
Trading Platform Usability 3.2 4.3
Customer Service Ratings 3.2 4.0
Overall Ratings Rated 3.5 stars Rated 4.0 stars
Broker Rating Wisdom Capital is Rated 3.5 / 5 based on 22 customer reviews RMoney is Rated 4.0 / 5 based on 3 customer reviews
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Contact Broker / Request A Call Back

  Wisdom Capital Raghunandan Capital Pvt Ltd
Contact / Request Call Back
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Wisdom Capital Vs RMoney Investment Options

  Wisdom Capital Raghunandan Capital Pvt Ltd
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 Corporate FD, Life Instance, General Insurance
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Wisdom Capital Vs RMoney Customer Service

  Wisdom Capital Raghunandan Capital Pvt Ltd
24/7 Customer Service No No
Onine Live Chat Yes No
Through Branches No Yes
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Wisdom Capital Vs RMoney Order Type Offered

  Wisdom Capital Raghunandan Capital Pvt Ltd
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 Yes
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Wisdom Capital Vs RMoney Research Report

  Wisdom Capital Raghunandan Capital Pvt Ltd
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis No Yes
News Alerts No Yes
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Wisdom Capital Vs RMoney Suitable For Investor Type

  Wisdom Capital Raghunandan Capital Pvt Ltd
Casual Investor Yes
Active Investor Yes
Trader Yes
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Wisdom Capital Vs RMoney - Advantages and Disadvantages

  Wisdom Capital Raghunandan Capital Pvt Ltd
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...

  1. Offer both discount brokerage as well as full-service brokerage plans.
  2. Equity Delivery trades are brokerage free. Truly no brokerage fee for trading in Equity Cash & Carry segment
  3. ODIN trading platform is available free of cost to all customers.
  4. Unlimited free Call & Trades.
  5. Local branches in major cities across North India.
  6. Free tips, research and news alerts.
  7. Online paperless instant account opening.

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...

  1. Unlimited monthly/yearly trading plans are not available. i.e. Rs 1999 for unlimited equity trading in a month.
  2. RMoney QUICK Mobile Trading app is under active development. The app has performance and stability issues. App also missing key features which are part of competitor's trading app.
  3. Margin funding is not available.
  4. GTC/GTD not available in Equity.
  5. NRI Account is not available.

More Disadvantages...

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