Wisdom Capital Vs Upstox (Compare Wisdom Capital and Upstox)

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
	Enquire Wisdom Capital	Open Upstox Account

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

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
	Enquire Wisdom Capital	Open Upstox Account

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

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%)
	Enquire Wisdom Capital	Open Upstox Account

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
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	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
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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	114 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	Upstox is rated 2.4 of 5 based on 114 customer reviews

Wisdom Capital Vs Upstox Investment Options

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

Wisdom Capital Vs Upstox Order Type Offered

	Wisdom Capital	Upstox
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 Upstox Research Report

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

Wisdom Capital Vs Upstox Suitable For Investor Type

	Wisdom Capital	Upstox
Casual Investor
Active Investor
Trader

Wisdom Capital Vs Upstox - Pros and Cons

	Wisdom Capital	Upstox
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.	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 Capital	Open Upstox Account