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Wisdom Capital Stock Trading, Demat, Brokerage and Reviews 2022


-8.18% 5,613 Clients

Zerodha (Trade with the best stock broker)

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 and start trading today.

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 futures through any of it's trading platforms and investing in these commodities without bothering for safety of the precious metals. Investor can trade in almost all metals, agri and non-agri commodities seamlessly.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Account Types

Wisdom Capital offers 3 different plans to suite your trading needs:

  1. Freedom Plan

    This Wisdom Capital trading plan offers trading in all segmens at BSE, NSE and MCX for zero brokerage. This plan doesn't offer none or very little margin/exposure. The plan offers margin/exposure as below:

    • Delivery Margin In Cash: 1X
    • Intraday Exposure In Options: 1X
    • Intraday Margin In Futures/MCX: 2X MIS & 10X in Cover Order
    • Intraday Margin In Cash: Upto 5X MIS
  2. Pro Plan

    This trading plan is designed for professional traders who needs higher intraday exposures or margins and advance trading tools. The brokerage charged in plan is Rs 9 per trade for NSE futures & options, currency & Commodity Trading at MCX. For equity cash intraday trading 0.005% & for delivery 0.05% being charged as brokerages.The plan offers margin/exposure as below:

    • Delivery Margin In Cash: Upto 5X
    • Intraday Exposure In Options: Upto 40 X MIS
    • Intraday Margin In Futures/MCX: 6X MIS & 20X in Cover Order
    • Intraday Margin In Cash: 1X Buy & 6X Sell
  3. Ultimate Plan

    The ultimate Plan is designed for high frequency traders who needs highest intraday exposures or margins in intraday & delivery trades. The brokerage charged is Rs 15 per lot in options, 0.005% NSE futures, currency & Commodity Trading at MCX. For equity cash intraday trading 0.005% & for delivery 0.05% being charged.

    • Delivery Margin In Cash: Upto 5X
    • Intraday Exposure In Options: Upto 40 X MIS
    • Intraday Margin In Futures/MCX: Upto 10X MIS & 20X in Cover Order
    • Intraday Margin In Cash: 1X Buy & 10X Sell

Wisdom Capital Charges 2022

Wisdom Capital Brokerage Plans
Plans Freedom Plan Pro Plan Ultimate Plan
Account Opening Free Free Free
Validity Lifetime Lifetime Lifetime
Brokerage in FNO (NSE/MCX) ZERO (0%) 9/Trade Future: 0.005 (NSE/MCX), Options : Rs. 15/Lot
Brokerage in Cash ZERO (0%) 0.005% Intraday
0.05% Delivery
0.005% Intraday
0.05% Delivery
Intraday Margin In Futures/MCX 2X MIS & 10X in Cover Order 6X MIS & 20X in Cover Order Upto 10X MIS & 20X in Cover Order
Intraday Exposure In Options 1X 1X Buy & 6X Sell. 1X Buy & Upto 10X Sell.
Intraday Margin In Cash Upto 5X MIS Upto 40 X MIS Upto 40 X MIS
Delivery Margin In Cash 1X Upto 5X Upto 5X
Call & Trade Charges 20/Executed Order 20/Executed Order 20/Executed Order
Free Demat Opening Yes Yes Yes
Demat Maintenance Cost Lifetime 999+ Taxes Lifetime 999+ Taxes Lifetime 999+ Taxes
Trading Software Nest Free Free Free

Visit Wisdom Capital Brokerage Charges Review for more detail.

Zerodha (Trade with the best stock broker)

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 and start trading today.


Wisdom Capital Trading Software (Wisdom Capital Trading Platforms)

A client can trade with Wisdom Capital in following ways:

  1. NEST Trader - This is a fully functional trading terminal allowing fast execution of orders with real time monitoring. This easy to use trading terminal is available to all its customer for free. Can trade all segments and exchanges on a single platform. Available in desktop, web and mobile versions. You could trade all market segments i.e. NSE Cash, F&O, Currency and MCX Commodities with single trading terminal NEST with advance features viz. NEST Plus, Algo Plug-ins, MIS, CO, Live & EOD charts etc.

 

Visit Wisdom Capital Trading Software Review for more detail.

Zerodha (Trade with the best stock broker)

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 and start trading today.

Wisdom Capital Pros and Cons


Wisdom Capital Pros (Advantages)

The following are the advantages of Wisdom Capital. You must read Wisdom Capital advantages and disadvantages before opening an account with Wisdom Capital. Wisdom Capital pros and cons help you find if it suits your investment needs.

  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.

Wisdom Capital Cons (Disadvantages)

The following are the cons of Wisdom Capital. Check the list of Wisdom Capital drawbacks.

  • 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 per month for semi automated trading.

Wisdom Capital Margin Exposure

Wisdom Capital margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Wisdom Capital F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Wisdom Capital F&O carry forward positions and equity delivery trades.

SegmentMarginLeverage
Equity Delivery100% of trade value1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure)1x

Wisdom Capital Ratings

Overall Rating Rated 3.6 stars 3.6/5
Fees Rated 4.0 stars 4.0/5
Brokerage Rated 4.2 stars 4.2/5
Usability Rated 3.3 stars 3.3/5
Customer Service Rated 3.4 stars 3.4/5
Research Capabilities Rated 2.8 stars 2.8/5

Based on 30 Votes by Wisdom Capital Customers

Do you trade with Wisdom Capital? Rate Wisdom Capital


Wisdom Capital Complaint

The number of Wisdom Capital customer complaint received by the exchanges. The Wisdom Capital consumer complaint report helps understanding the Wisdom Capital quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints** %
NSE 2022-23 5,095 4 0.08%
NSE 2021-22 6,113 9 0.15%
NSE 2020-21 8,017 14 0.17%
NSE 2019-20 7,120 17 0.24%
NSE 2018-19 5,038 14 0.28%
NSE 2017-18 3,607 9 0.25%
NSE 2016-17 2,243 5 0.22%
NSE 2015-16 2,271 2 0.09%
NSE 2014-15 2,340 4 0.17%
NSE 2013-14 1,979 15 0.76%

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit Wisdom Capital Complaints at BSE, NSE and MCX for detail report.

Zerodha (Trade with the best stock broker)

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 and start trading today.


50 Comments

50. Naga Kumar   I Like It. |Report Abuse|  Link|Mar 7, 2022 3:37:08 PMReply
Worst experince with Wisdom Capital XTS platform after discontinuation of NEST.

Initially opened account with them, just because they are providing NEST platform, but recently they have discontinued NEST and started providing only, since then i totally got wexed up with their platform, as XTS is one of the worst platform i have ever seen, placing of order is tooo late in XTS platform and if we placing order it will get execute after around 2 seconds, which is not at all good for a platform like this.

Even always we will face some or other kind of issues with this XTS, among them the main problem is prices will not update instantly, it will take around 3 to 4 seconds to update price each time. When ever we call IT department we get one and only response that, except you no one is facing problem, it is the problem with your internet, but the fact is that apart from wisdom every other broker platform will work normally, without any issue. but still as per them problem is only with my connectivity but not from their end. and coming to the web platform the moment we open it, we just get a pop up your interent connection is slow, irrespective of the High speed net you use.

Hence, i now totally regret to have an account with this, just after
49. फैजल   I Like It. |Report Abuse|  Link|Jan 6, 2022 11:22:09 AMReply
VERY VERY POOR..

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
48. फैजल   I Like It. |Report Abuse|  Link|Jan 6, 2022 11:17:39 AMReply
मेरा विजडम केपिटल में डीमेट अकाउंट है परन्तु ये उनके ट्रेडिंग प्लेटफोर्म के मोबाईल एप में कुछ और दीखता है और कम्प्युट के एप में कुछ और दीखता है. विजडम केपिटल वाले लोगो को मिस गाइड कर रहे है. मुझे प्रॉफिट होने के बावजूद ही ये लोग लोस बता रहा है.... कृपया सस्ते ब्रोकरेज के चक्कर मे ना पड़े. मेने भी अकाउंट बंध करने का प्रोसेस किया हुआ है.
47. Shavinder   I Like It. |Report Abuse|  Link|Sep 15, 2021 9:02:27 PMReply
Far lower performance than expected. Customer service very pathetic especially rms, both web and nest plateforms are inefficient and needs lots of improvement.

It is absolutely not recommended for new trader as they don't have any guidance or training or even training software to orient new customer about their softwares and rules! Every time they give new surprises about their T&Cs.

Instead of providing spot help support team ask customers to use google services for better knowledge.

Overall rating is - Very Poor
Customer supprt- Very Pathetic
Trading Platform- Below average
46. Ricky   I Like It. |Report Abuse|  Link|May 13, 2021 3:04:35 PMReply
They fool customer by charging 10 rs per trade ( not order), which means if your order gets excuted in multiple trades, u pay brokerage multiple times.... such a thug broker wisdom capital is.
45. Raju   I Like It. |Report Abuse|  Link|Jan 14, 2021 8:10:20 PMReply
Wisdom capital has no brokerage but their overall system is buggy, people please don't just look at brokerage, look for user friendly ness and customer service first because when you are stuck you won't find anyone to help you asap. I had acoount with upstox they have not closed my account after sending them repeated emails and now asking me to pay 2nd year amc for closing the account. They have huge transactions charges ariund 1.1 percent so practically you need to get atleast 50 paise to 4 Rs and 10.Rs in shares and option respectively for breakeven leave alone the firm as for zero bromerage and no amc go join finvasia i have account with them but they block margin and late margin release on btst trade and late response from customer care. Zerodha on the other hand charge heavily on hidden cost i lost 75 thousand last just in trading in FNO in zerodha and they call them discount broker. Goodluck on that
44. sumit   I Like It. |Report Abuse|  Link|Nov 28, 2020 3:52:28 PMReply
Very Good

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
43. Anand singh   I Like It. |Report Abuse|  Link|Aug 6, 2020 6:07:13 PMReply
Software is very good only one drawback option chain is not provided for trader

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Average
Research Capabilities - Below Average
Customer Service - Average
Overall Experience - Above Average
42. Nrj   I Like It. |Report Abuse|  Link|Jul 3, 2020 8:04:11 PMReply
Tried opening new account but no help from customer care
Even I can't connect to customer care just got msg 'we will get back to you asap' and then no response waited for 10 days
This is happening for new account opening what will you expect afterward.
41. DAN MATHA   I Like It. |Report Abuse|  Link|Jun 23, 2020 8:16:53 PMReply
I've opened wisdom pro plan, i saw there's no withdraw button. How to withdraw funds. I tried on PC wisdom web, clicked withdraw page opened saying that ERROR OCCURED.
40. Dharmendra kr Singh   I Like It. |Report Abuse|  Link|May 12, 2020 1:33:28 AMReply
Don't open account in Madherchod Capital

They do fraud with customers. Their brokerage plan is .007% but it is wrong. They charging .015%

So, Haathi ke daat dikhane ke aur khane ke kuchh aur.

If you transfer fund then you have to email them for confirmation. Matherchod.



Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Average
Research Capabilities - Very Poor
Customer Service - Below Average
Overall Experience - Very Poor
39. Ashwani Gupta   I Like It. |Report Abuse|  Link|Mar 28, 2020 12:05:21 AMReply
guys dont open your account here they are changing your plan on the backend very poor services.
i am a current account holder here i have mail proofs
38. Ravinder   I Like It. |Report Abuse|  Link|Mar 5, 2020 9:00:58 PMReply
As for my knowledge it is suited for me very best. the call after trade hours to confirm the trade which I do every day.it is good practice in my view and low brokerage in option trading also. and prompt in all services.
Ravinder Parankusham


Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Research Capabilities - Above Average
Customer Service - Excellent
Overall Experience - Above Average
37. Veeranjaneyulu v   I Like It. |Report Abuse|  Link|Jan 28, 2020 10:03:09 PMReply
Overall good. But, if we aren't maintaining proper margin, they will impose huge penalty. In my experience, they have shown in holdings, then I sold. Those shares gone to auction. Imposed 2500/- penalty

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Above Average
Customer Service - Excellent
Overall Experience - Above Average
36. Sanjeev kumar jha   I Like It. |Report Abuse|  Link|Jan 4, 2020 11:01:43 PMReply
There is no active customer support

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
35. anil   I Like It. |Report Abuse|  Link|Nov 29, 2017 4:35:19 PMReply
i open my commodity account in wisdom capital
my fund not transfer in 1 month
calling a team but not response
very very wrost company
freedom plan not show in commodity market
Please please dont open account with them or you will feel cheated...
35.1. Bab   I Like It. |Report Abuse|  Link|Nov 14, 2019 11:30:06 PM
Why you are not complain this problem to SEBI
34. Naveen Malik   I Like It. |Report Abuse|  Link|Oct 19, 2019 1:05:18 PMReply
Very poor customer service I were applied for account in freedom plan but they open it in pro plan and letter when I complained against this they replied account opening person Mrs poonam sonker is leave the job and we can't do anything nither we can convert it into freedom plan nor we can refund the account opening fees
33. MANJIL MITRA   I Like It. |Report Abuse|  Link|Oct 8, 2019 9:12:13 AMReply
Overall nice and satisfactory trading experience

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Above Average
Overall Experience - Excellent
32. Rizwan Siddiqui   I Like It. |Report Abuse|  Link|Sep 18, 2019 12:14:17 AMReply
Good & prompt customer service. Very less brokerage.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Average
Customer Service - Excellent
Overall Experience - Excellent
31. Rajendra Tudu   I Like It. |Report Abuse|  Link|Aug 15, 2019 7:14:49 PMReply
How much time does it take to withdraw money?If I send withdrawal request today, when will the funds get credited to my account?

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