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Wisdom Capital Vs Upstox Share Broker Comparison

The side-by-side comparison of Wisdom Capital and Upstox stock brokers in India. The comparison below highlights the similarities and differences between Wisdom Capital and Upstox'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 Upstox.

  Wisdom Capital Upstox
 
Wisdom Capital Logo Upstox 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 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 ... Know more about Upstox
Type of Broker Discount Broker Discount Broker
Supported Exchnage BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Account Type Rs 9 per trade plan Upstox Basic
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 Upstox. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Wisdom Capital Upstox
Trading Account Opening Fees Rs 0 ₹150 (Eq and F&O), ₹150 (MCX)
Trading Account AMC Rs 0 ₹0
Demat Account Opening Fees Rs 0 ₹0
Demat Account AMC Rs 999 (Lifetime) ₹150
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Wisdom Capital Upstox
Account Type Rs 9 per trade plan Upstox Basic
Fixed Charges
Equity Delivery Brokerage Rs 9 ₹0
Equity Intraday Brokerage Rs 9 ₹20 per trade or 0.01% (whichever is lower)
Equity Futures Brokerage Rs 9 ₹20 per trade or 0.01% (whichever is lower)
Equity Options Brokerage Rs 9 ₹20 per trade or 0.01% (whichever is lower)
Currency Futures Trading Brokerage Rs 9 ₹20 per trade or 0.01% (whichever is lower)
Currency Options Trading Brokerage Rs 9 ₹20 per trade or 0.01% (whichever is lower)
Commodity Futures Trading Brokerage Rs 9 ₹20 per trade or 0.01% (whichever is lower)
Commodity Options Trading Brokerage

Brokerage Plan 2

  Wisdom Capital Upstox
Account Type Rs 999 per month plan Upstox Priority
Fixed Charges Rs 999 ₹0
Equity Delivery Brokerage Rs 0 ₹0
Equity Intraday Brokerage Rs 0 ₹30 per trade or 0.05% (whichever is lower)
Equity Futures Brokerage Rs 0 ₹30 per trade or 0.05% (whichever is lower)
Equity Options Brokerage Rs 0 ₹30 per trade or 0.05% (whichever is lower)
Currency Futures Trading Brokerage Rs 0 ₹30 per trade or 0.05% (whichever is lower)
Currency Options Trading Brokerage Rs 0 ₹30 per trade or 0.05% (whichever is lower)
Commodity Futures Trading Brokerage Rs 0 ₹30 per trade or 0.05% (whichever is lower)
Commodity Options Trading Brokerage

Brokerage Plan 3

  Wisdom Capital Upstox
Account Type Rs 5555 per year plan Upstox Basic
Fixed Charges Rs 5555 ₹0
Equity Delivery Brokerage Rs 0 ₹0
Equity Intraday Brokerage Rs 0 ₹20 per trade or 0.01% (whichever is lower)
Equity Futures Brokerage Rs 0 ₹20 per trade or 0.01% (whichever is lower)
Equity Options Brokerage Rs 0 ₹20 per trade or 0.01% (whichever is lower)
Currency Futures Trading Brokerage Rs 0 ₹20 per trade or 0.01% (whichever is lower)
Currency Options Trading Brokerage Rs 0 ₹20 per trade or 0.01% (whichever is lower)
Commodity Futures Trading Brokerage Rs 0 ₹20 per trade or 0.01% (whichever is lower)
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges ₹0
Other Brokerage Charges
Call & Trade Charges ₹20 per trade
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Taxes

  Wisdom Capital Upstox
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 Upstox
Equity Delivery 0.0035% NSE ₹325 | BSE ₹275
Equity Intraday 0.0035% NSE ₹325 | BSE ₹275
Equity Futures 0.0028% NSE ₹210
Equity Options 0.06% (on premium) NSE ₹5500
Currency Futures ₹150
Currency Options ₹6000
Commodity 0.0025% MCX ₹260/Cr
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Exposure

  Wisdom Capital Upstox
Equity Delivery 5x to 40x (dependent on brokerage plan) 2.5x
Equity Intraday 5x to 40x (dependent on brokerage plan) Regular: 15x | Priority Pack: 20x | Regular CO: 20x | Priority Pack CO: 25x
Equity Futures 5x to 20x (dependent on brokerage plan) Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 6x
Equity Options 5x to 40x (dependent on brokerage plan) Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Currency Futures 4x to 15x (dependent on brokerage plan) Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Currency Options 4x to 15x (dependent on brokerage plan) Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Commodity 5x to 20x (dependent on brokerage plan) Regular: 2.5x | Priority Pack: 3x | Regular CO: 3x | Priority Pack CO: 4x
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Share Broker Features

  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 Available Yes No
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 3:15 PM
Other Features Option strategy builder
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Broker Ratings (Average User Rating)

  Wisdom Capital Upstox
  21 Customer Reviews    Rate Wisdom Capital 49 Customer Reviews    Rate Upstox
Fees Ratings 3.8 3.8
Trading Brokerage Rating 4.2 3.6
Trading Platform Usability 3.2 2.9
Customer Service Ratings 3.1 2.5
Overall Ratings Rated 3.4 stars Rated 2.6 stars
Broker Rating Wisdom Capital is Rated 3.4 / 5 based on 21 customer reviews Upstox is Rated 2.6 / 5 based on 49 customer reviews
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Contact Broker / Request A Call Back

  Wisdom Capital Upstox
Contact / Request Call Back
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Investment Options Available

  Wisdom Capital Upstox
Stock / Equity No Yes
Commodity Yes Yes
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 Upstox
24/7 Customer Service No No
Onine Live Chat Yes No
Through Branches No No
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Order Type

  Wisdom Capital Upstox
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No
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Research / Tips / Reports Published

  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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Suitable for Investor Category

  Wisdom Capital Upstox
Casual Investor
Active Investor Yes
Trader Yes

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Pros, Cons and Other Review Comments

  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.

More Advantages...

  1. Upstox basic plan offers brokerage free trading in Equity Delivery segment.
  2. No brokerage for equity delivery trades.
  3. Free trading software including mobile and web trading app.
  4. Advance orders including AMO, CO and BO are available.
  5. Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all.
  6. AmiBroker connector available for Algo Trading.
  7. Mutual Funds are available for investment.
  8. Higher leverage is available under different brokerage plan.

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...

  • No margin funding.
  • No equity 'good till cancelled' orders.
  • Unlimited monthly plans not available.
  • Additional fee for call & trader.
  • Additional fee for square off done by the broker.
  • Higher demat debit transaction charges.
  • Online IPO, FPO, Bonds and NCD's are not available.
  • No stock tips or recommendations.
  • Upstox doesn't offer NRI Trading and Demat Account.

More Disadvantages...

Reviews Useful articles about Upstox:
Promo / Offers

Limited Time Offer - Free Account Opening (₹300 waived) until May 17th 2019

Open Upstox Trading Account and get FREE Trading, Demat and Mutual Fund Account + FREE Equity Delivery Trades (no brokerage) + Intraday and F&O Trades at flat ₹20 per order.

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