Wisdom Capital Vs Tradeplus (Compare Wisdom Capital and Tradeplus)

Wisdom Capital Vs Tradeplus

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 1995, Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	Wisdom Capital	Tradeplus
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX
Year of Incorporation	2013	1995
Number of Branches	250
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Wisdom Capital Vs Tradeplus Charges & AMC

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

	Wisdom Capital	Tradeplus
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

Wisdom Capital Vs Tradeplus Brokerage

Wisdom Capital brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order whereas Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is NA.

	Wisdom Capital	Tradeplus
Account Type	Pro Plan	Flat Zero brokerage Scheme
Fixed Charges		As per segment
Equity Delivery	Rs 9 per executed order	Rs 0 (Free)
Equity Intraday	Rs 9 per executed order	NA
Equity Futures	Rs 9 per executed order	Rs 799 per month (unlimited trading)
Equity Options	Rs 9 per executed order	Rs 99 per month (unlimited trading)
Currency Futures	Rs 9 per executed order	Rs 99 per month (unlimited trading)
Currency Options	Rs 9 per executed order	Rs 99 per month (unlimited trading)
Commodity Futures	Rs 9 per executed order	Rs 99 per month (unlimited trading)
Commodity Options	Rs 9 per executed order	Rs 99 per month (unlimited trading)
Special Offer		Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat Rs 9 intranet and F&O trade brokerage. Get the offer

Wisdom Capital Vs Tradeplus Brokerage Plan 2

	Wisdom Capital	Tradeplus
Account Type	Freedom Plan	Flexi Brokerage Plan
Fixed Charges	Rs 999 per month per segment	NA
Equity Delivery	Rs 0	Rs 0 (Free)
Equity Intraday	Rs 0	Lower of - Rs 9 per trade or 0.01%
Equity Futures	Rs 0	Rs 9 per executed order
Equity Options	Rs 0	Rs 9 per executed order
Currency Futures	Rs 0	Rs 9 per executed order
Currency Options	Rs 0	Rs 9 per executed order
Commodity Futures	Rs 0	Rs 9 per executed order
Commodity Options	Rs 0	Rs 9 per executed order
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Wisdom Capital Charges Vs Tradeplus

Minimum Brokerage
Other Charges		SMS Charges: Rs 100 per segment.
Call & Trade Charges	Rs 20 per executed order	Flat Rs 75 per day

Wisdom Capital Vs Tradeplus Transaction Charges

Wisdom Capital transaction charges for options is 0.06% (on premium) while Tradeplus exchange transaction charges for options is Rs 7800 per crore (0.078%)(on premium).

	Wisdom Capital	Tradeplus
Equity Delivery	0.0035%	Rs 345 per crore (0.00345%) (each side)
Equity Intraday	0.0035%	Rs 345 per crore (0.00345%) (sale side)
Equity Futures	0.0028%	Rs 360 per crore (0.0036%)
Equity Options	0.06% (on premium)	Rs 7800 per crore (0.078%)(on premium)
Currency Futures		Rs 140 per crore (0.0014%)
Currency Options		Rs 6000 (on premium) per crore (0.06%)
Commodity	0.0025%	Rs 500 (0.005%)
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Wisdom Capital Vs Tradeplus 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 Tradeplus 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	Tradeplus
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 Tradeplus Features

The trading platforms offered Wisdom Capital include NEST. Tradeplus offers INFINI, NSE NOW trading software.

	Wisdom Capital	Tradeplus
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	NEST	INFINI, NSE NOW
Intraday Square-off Time
Other Features
Referral Program
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Wisdom Capital Vs Tradeplus Review

Wisdom Capital is rated 3.6 of 5 based on 30 customer reviews whereas Tradeplus is rated 3.0 of 5 based on 35 customer reviews.

	Wisdom Capital	Tradeplus
	30 Customer Reviews	35 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Wisdom Capital is rated 3.6 of 5 based on 30 customer reviews	Tradeplus is rated 3.0 of 5 based on 35 customer reviews

Wisdom Capital Vs Tradeplus Investment Options

	Wisdom Capital	Tradeplus
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Wisdom Capital Vs Tradeplus Order Type Offered

	Wisdom Capital	Tradeplus
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Wisdom Capital Vs Tradeplus Research Report

	Wisdom Capital	Tradeplus
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Wisdom Capital Vs Tradeplus Suitable For Investor Type

	Wisdom Capital	Tradeplus
Casual Investor
Active Investor
Trader

Wisdom Capital Vs Tradeplus - Pros and Cons

	Wisdom Capital	Tradeplus
Pros	Trade all market segments i.e. NSE Cash, F&O, Currency and MCX Commodities with single trading terminal. Monthly unlimited trading plans available for trading at NSE, BSE and MCX. Trading Software's including website, mobile app and installable trading terminals are available for free. No minimum brokerage. They allow to trade Nifty with 3000, Crude with 3000 & Mega Gold with 9000 margins. They offers semi & fully automated Algo trading.	Unlimited monthly trading plans available for frequent traders. Free equity delivery trading. No brokerage charged for trading in equity delivery (cash & carry) segment. Low demat AMC or Rs 90 per month. Analysis tools available for intraday trading.
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.	Customer has to pay software charges. High call & trade charges. Rs 1000 per month. Lower margin.
Reviews
Promo / Offers		Free Equity Delivery Trade + Flat Rs 9 intranet and F&O trade Get free equity delivery trading (zero brokerage) and pay flat Rs 9 intranet and F&O trade brokerage. To open an account with Tradeplus, simply leave your contact information and Tradeplus representatives will call you.
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