Wisdom Capital Vs Upstox (Compare Wisdom Capital and Upstox)


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


Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms. Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix. Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo... Know more about Upstox

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Wisdom Capital Vs Upstox

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 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.

  Wisdom Capital Upstox
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Year of Incorporation 2013 2012
Number of Branches 250 4
Open an Online Trading Account with Wisdom Capital.Open an Online Trading Account with Upstox.
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Wisdom Capital Vs Upstox Charges & AMC

Wisdom Capital trading account opening charges is Rs 0 while Upstox account opening changes is Rs 249. Wisdom Capital Demat Account AMC Charges is Rs 999 (Lifetime) and Upstox Demat Account AMC Charges is Rs 300.

  Wisdom Capital Upstox
Trading Account Opening Charges Rs 0 Rs 249
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 999 (Lifetime) Rs 300
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Wisdom Capital Vs Upstox Brokerage Charges & Plans

Wisdom Capital Vs Upstox Brokerage

Wisdom Capital brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order whereas Upstox brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or 0.05% whichever is lower.

  Wisdom Capital Upstox
Account Type Pro Plan Default
Fixed Charges NA
Equity Delivery Rs 9 per executed order Rs 0 (Free)
Equity Intraday Rs 9 per executed order Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Rs 9 per executed order Rs 20 per executed order or 0.05% whichever is lower
Equity Options Rs 9 per executed order Rs 20 per executed order
Currency Futures Rs 9 per executed order Rs 20 per executed order or 0.05% whichever is lower
Currency Options Rs 9 per executed order Rs 20 per executed order
Commodity Futures Rs 9 per executed order Rs 20 per executed order or 0.05% whichever is lower
Commodity Options Rs 9 per executed order Rs 20 per executed order
Special Offer
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online and start trading today.

Wisdom Capital Vs Upstox Brokerage Plan 2

  Wisdom Capital Upstox
Account Type Freedom Plan Default
Fixed Charges Rs 999 per month per segment NA
Equity Delivery Rs 0 Rs 0 (Free)
Equity Intraday Rs 0 Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Rs 0 Rs 20 per executed order or 0.05% whichever is lower
Equity Options Rs 0 Rs 20 per executed order
Currency Futures Rs 0 Rs 20 per executed order or 0.05% whichever is lower
Currency Options Rs 0 Rs 20 per executed order
Commodity Futures Rs 0 Rs 20 per executed order or 0.05% whichever is lower
Commodity Options Rs 0 Rs 20 per executed order
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Wisdom Capital Charges Vs Upstox

Minimum Brokerage 0.05%
Other Charges Auto Square-off Charges: Rs 50
Call & Trade Charges Rs 20 per executed order Rs 20 per trade
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Wisdom Capital Vs Upstox Transaction Charges

Wisdom Capital transaction charges for options is 0.06% (on premium) while Upstox exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

  Wisdom Capital Upstox
Equity Delivery 0.0035% NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday 0.0035% NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures 0.0028% NSE Rs 200 per Cr (0.002%)
Equity Options 0.06% (on premium) NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%)
Currency Options NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium)
Commodity 0.0025% Group A - Rs 290 per Cr (0.0029%)
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Wisdom Capital Vs Upstox 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 Upstox 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 Upstox
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 Upstox Features

The trading platforms offered Wisdom Capital include NEST. Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.

  Wisdom Capital Upstox
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 Yes No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform NEST Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time 3:00 PM
Other Features Option strategy builder
Referral Program Yes
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Wisdom Capital Vs Upstox Review

Wisdom Capital is rated 3.6 of 5 based on 30 customer reviews whereas Upstox is rated 2.4 of 5 based on 114 customer reviews.

  Wisdom Capital Upstox
  30 Customer Reviews    Rate Wisdom Capital 114 Customer Reviews    Rate Upstox
Fees 4.0 3.4
Brokerage 4.2 3.5
Trading Platform 3.3 2.6
Customer Service 3.4 2.3
Research Capabilities 2.8 2.3
Overall Ratings Rated 3.6 stars Rated 2.4 stars
Broker Rating Wisdom Capital is rated 3.6 of 5 based on 30 customer reviews Upstox is rated 2.4 of 5 based on 114 customer reviews
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Contact Broker / Request A Call Back

  Wisdom Capital Enquire Upstox Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online and start trading today.
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Wisdom Capital Vs Upstox Investment Options

  Wisdom Capital Upstox
Stock / Equity No Yes
Commodity Yes Yes
Currency Yes Yes
IPO No Yes
Mutual Funds No No
Bond / NCD No No
Debt No No
Other Investment Options
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Wisdom Capital Vs Upstox Order Type Offered

  Wisdom Capital Upstox
Bracket Order No No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) No
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 Upstox Research Report

  Wisdom Capital Upstox
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 Upstox Suitable For Investor Type

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

  Wisdom Capital Upstox
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.
  • Zero account opening fee.
  • Zero brokerage for trading in Equity Delivery (Cash & Carry).
  • Zero brokerage for Mutual Fund and digital gold investment.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Offer direct mutual funds.
  • Free trading software for mobile and web browsers.
  • One app for trading in equity, currency, and commodity.
  • Margin Against Share is available
  • Online IPO, FPO, Bonds, and NCD's are available.
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.
  • No margin funding.
  • It does not offer the 'Good Till Canceled (GTC) order type.
  • It does not offer BTST facility.
  • Unlimited monthly plans not available.
  • No stock tips or recommendations.
  • It charges an additional fee for call & trade.
  • It charges an additional fee of Rs 50 for auto-square-off done by the broker.
  • Higher demat debit transaction charges.
  • Upstox doesn't offer NRI Trading and Demat Account.
  • Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
Reviews
Promo / Offers

Free Equity Delivery Trading & Mutual Funds

  • Pay Rs 0 Brokerage for Equity Delivery, Mutual Funds, and Digital Gold.
  • Pay flat Rs 20 for Intra-day and F&O Trades.
  • Trade with the best trading platform.

It is a limited-time offer. Open Instant Account online and start trading the same day.

Enquire Wisdom CapitalOpen Upstox Account

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