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Zerodha Vs Wisdom Capital Share Broker Comparison

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

  Zerodha Wisdom Capital
 
Zerodha Logo Wisdom Capital Logo
About the Broker Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, wh... Know more about Zerodha 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
Type of Broker What is this parameter? Discount Broker Discount Broker
Supported Exchnage What is this parameter? NSE, BSE, MCX and NCDEX BSE, NSE, MCX, NCDEX
Account Type What is this parameter? Standard Plan Rs 9 per trade plan
Broker Enquiry Open an Online Trading Account with Zerodha. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Wisdom Capital. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Zerodha Wisdom Capital
Trading Account Opening Fees What is this parameter? ₹300 Rs 0
Trading Account AMC What is this parameter? ₹0 (Free) Rs 0
Demat Account Opening Fees What is this parameter? ₹100 Rs 0
Demat Account AMC What is this parameter? ₹300 Rs 700 + taxes
Demat Account is Mandatory? What is this parameter? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Zerodha Wisdom Capital
Account Type Standard Plan Rs 9 per trade plan
Fixed Charges What is this parameter?
Equity Delivery Brokerage What is this parameter? ₹0 (Free) Rs 9
Equity Intraday Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower Rs 9
Equity Futures Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower Rs 9
Equity Options Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower Rs 9
Currency Futures Trading Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower Rs 9
Currency Options Trading Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower Rs 9
Commodity Futures Trading Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower Rs 9
Commodity Options Trading Brokerage What is this parameter?

Brokerage Plan 2

  Zerodha Wisdom Capital
Account Type Standard Plan Rs 999 per month plan
Fixed Charges What is this parameter? Rs 999
Equity Delivery Brokerage What is this parameter? ₹0 (Free) Rs 0
Equity Intraday Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower Rs 0
Equity Futures Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower Rs 0
Equity Options Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower Rs 0
Currency Futures Trading Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower Rs 0
Currency Options Trading Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower Rs 0
Commodity Futures Trading Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower Rs 0
Commodity Options Trading Brokerage What is this parameter?

Brokerage Plan 3

  Zerodha Wisdom Capital
Account Type Standard Plan Rs 5555 per year plan
Fixed Charges What is this parameter? Rs 5555
Equity Delivery Brokerage What is this parameter? ₹0 (Free) Rs 0
Equity Intraday Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower Rs 0
Equity Futures Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower Rs 0
Equity Options Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower Rs 0
Currency Futures Trading Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower Rs 0
Currency Options Trading Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower Rs 0
Commodity Futures Trading Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower Rs 0
Commodity Options Trading Brokerage What is this parameter?

Other Charges

Minimum Brokerage Charges What is this parameter? ₹0
Other Brokerage Charges What is this parameter? Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges What is this parameter? ₹20 per executed order
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Taxes

  Zerodha Wisdom Capital
Securities Transaction Tax (STT) What is this parameter?
  • 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 What is this parameter? Check table below Check table below
SEBI Charges What is this parameter? Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) What is this parameter? 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty What is this parameter? 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

  Zerodha Wisdom Capital
Equity Delivery What is this parameter? NSE ₹325 per crore | BSE ₹1 per trade (each side) 0.0035%
Equity Intraday What is this parameter? NSE ₹325 per crore | BSE ₹1 per trade (each side) 0.0035%
Equity Futures What is this parameter? NSE ₹210 per crore | BSE ₹1 per trade (each side) 0.0028%
Equity Options What is this parameter? NSE ₹5300 per crore | BSE ₹1 per trade (each side) 0.06% (on premium)
Currency Futures What is this parameter? NSE ₹135 per crore (0.00135%)
Currency Options What is this parameter? NSE ₹4400 (on premium) per crore (0.044%)
Commodity What is this parameter? Non-Agri ₹360 (0.0036%) | Agri ₹275 per Crore 0.0025%
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Exposure

  Zerodha Wisdom Capital
Equity Delivery What is this parameter? 1x (no margin)
Equity Intraday What is this parameter? Up to 20x (based on the stock)
Equity Futures What is this parameter? Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options What is this parameter? Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures What is this parameter? Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options What is this parameter? Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity What is this parameter? Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
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Share Broker Features

  Zerodha Wisdom Capital
3 in 1 Account What is this parameter? No No
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? Yes
SMS Alerts What is this parameter? No Yes
Online Demo What is this parameter? Yes No
Online Portfolio What is this parameter? No Yes
Margin Trading Funding Available What is this parameter? No Yes
Margin Against Shares (Equity Cash) What is this parameter?
Margin Against Shares (Equity F&O) What is this parameter?
Trading Platform What is this parameter? Kite Web, Kite Android/iOS, Pi, Coin NEST
Intraday Square-off Time What is this parameter? 3:10 PM
Other Features What is this parameter? Direct Mutual Funds
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Broker Ratings (Average User Rating)

  Zerodha Wisdom Capital
  327 Customer Reviews    Rate Zerodha 20 Customer Reviews    Rate Wisdom Capital
Fees Ratings 3.8 3.9
Trading Brokerage Rating 4.4 4.2
Trading Platform Usability 3.6 3.3
Customer Service Ratings 3.5 3.2
Overall Ratings Rated 3.8 stars Rated 3.6 stars
Broker Rating Zerodha is Rated 3.8 / 5 based on 327 customer reviews Wisdom Capital is Rated 3.6 / 5 based on 20 customer reviews
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Contact Broker / Request A Call Back

  Zerodha Wisdom Capital
Contact / Request Call Back
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Investment Options Available

  Zerodha Wisdom Capital
Stock / Equity What is this parameter? Yes No
Commodity What is this parameter? Yes Yes
Currency What is this parameter? Yes Yes
Initial Public Offers (IPO) What is this parameter? No No
Mutual Funds What is this parameter? Yes No
Bond / NCD What is this parameter? No No
Debt What is this parameter? No No
Other Investment Options What is this parameter?
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Customer Service Offered

  Zerodha Wisdom Capital
24/7 Customer Service What is this parameter? No No
Onine Live Chat What is this parameter? No Yes
Through Branches What is this parameter? No No
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Order Type

  Zerodha Wisdom Capital
Bracket Order What is this parameter?
Cover Order What is this parameter?
Buy Today Sell Tomorrow (BTST) What is this parameter?
Sell Today Buy Tomorrow (STBT) What is this parameter?
After Market Order(AMO) What is this parameter?
Good Till Cancelled (GTC) What is this parameter?
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Research / Tips / Reports Published

  Zerodha Wisdom Capital
Daily Market Report What is this parameter? No Yes
Free Tips What is this parameter? No Yes
Quarterly Result Analysis What is this parameter? No No
News Alerts What is this parameter? No No
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Suitable for Investor Category

  Zerodha Wisdom Capital
Casual Investor What is this parameter?
Active Investor What is this parameter? Yes
Trader What is this parameter? Yes

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Pros, Cons and Other Review Comments

  Zerodha Wisdom Capital
Pros What is this parameter?
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Excellent trading platforms made available for free to all its customers.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
  • 10% referral credit for reffering new customers.
  • Direct Mutual Fund Investment is available.
  • Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX.

More Advantages...

  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...

Cons What is this parameter?
  • Doesn't provide stock tips, research reports or recommendations.
  • Call & Trade is charged at extra Rs 20 order.
  • Doesn't provide options to invest in IPO, Bond and NCD's public offers.
  • Margin funding is not available.
  • GTC/GTD not available in Equity.

More Disadvantages...

  • 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...

Reviews What is this parameter? Useful Articles about Zerodha:
Promo / Offers What is this parameter?

Truly free equity delivery trading

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