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Wisdom Capital Stock Trading, Demat, Brokerage and Reviews 2021

-3.85% 7,708 Clients

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.

Account Types

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

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
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
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 2021

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.

Wisdom Capital Online Account Opening

For online trading with Wisdom Capital, investor has to open an account. Following are the ways to open an account with SAS Online

Fill an online application form. Click here to fill the Wisdom Capital contact form.

Wisdom Capital Trading Software (Wisdom Capital Trading Platforms)

A client can trade with Wisdom Capital in following ways:

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.

Contact Wisdom Capital / Request Call Back

Leave your contact information and we will get in touch with you....

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.

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.

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 6x 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.

Segment	Margin
Equity Delivery	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)
Equity Futures & Options	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures & Options	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)

Note: As per the new margin policy by SEBI, the margin for trading will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 20x in any segment at BSE, NSE, and MCX. All full-service and discount brokers will provide the same margin exposure to customers.

Wisdom Capital Ratings

Overall Rating	3.6/5
Fees	4.0/5
Brokerage	4.2/5
Usability	3.3/5
Customer Service	3.4/5
Research Capabilities	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	2021-22	7,708	3	0.04%
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%
NSE	2012-13	3,282	8	0.24%

* 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.

Wisdom Capital Reviews

Compare Wisdom Capital with Top Brokers in India

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Wisdom Capital Vs Stoxkart	Wisdom Capital Vs Groww	Wisdom Capital Vs IIFL Securities
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Wisdom Capital Vs Anand Rathi	Wisdom Capital Vs Master Trust	Wisdom Capital Vs Indiabulls
Wisdom Capital Vs Aditya Birla Money	Wisdom Capital Vs Bonanza	Wisdom Capital Vs SAMCO
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Wisdom Capital Vs SAS Online	Wisdom Capital Vs iTradeOnline	Wisdom Capital Vs RK Global
Wisdom Capital Vs Tradeplus	Wisdom Capital Vs Tradejini	Wisdom Capital Vs Alice Blue
Wisdom Capital Vs Fyers	Wisdom Capital Vs Finvasia	Wisdom Capital Vs Prostocks
Wisdom Capital Vs RMoney	Wisdom Capital Vs Beeline	Wisdom Capital Vs Just Trade
Wisdom Capital Vs Achiievers	Wisdom Capital Vs Trustline	Wisdom Capital Vs Choice Broking
Wisdom Capital Vs GCL Securities	Wisdom Capital Vs Yes Securities	Wisdom Capital Vs Indira Securities
Wisdom Capital Vs Paytm Money

46 Comments

46. Ricky May 13, 2021 14:04

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 Jan 14, 2021 19:10

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 Nov 28, 2020 14:52

Very Good

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent

43. Anand singh Aug 6, 2020 17:07

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 Jul 3, 2020 19:04

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 Jun 23, 2020 19:16

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 May 12, 2020 00:33

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 Mar 27, 2020 23:05

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 Mar 5, 2020 20:00

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 Jan 28, 2020 21:03

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 Jan 4, 2020 22:01

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 Nov 29, 2017 15:35

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 Nov 14, 2019 22:30

Why you are not complain this problem to SEBI

34. Naveen Malik Oct 19, 2019 12:05

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 Oct 8, 2019 08:12

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 Sep 17, 2019 23:14

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 Aug 15, 2019 18:14

How much time does it take to withdraw money?If I send withdrawal request today, when will the funds get credited to my account?

30. Kuldeep butani Jun 20, 2019 12:10

Most disappointed thing about wisdom capital is their mobile app is very slow and pc software is not usable. We can login from only 1 device. They need to improve these things.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Average
Customer Service - Above Average
Overall Experience - Average

29. Falgunbhai Patel Nov 22, 2018 11:14

Is there any monthly subscription charges for any of the plan such as ultimate or pro?

29.1. abhilash May 17, 2019 11:29

did you opened account in wisdom capital,if yes whats your experience

28. Amit NAnda Mar 26, 2019 15:54

Dear Support Team,

It was really a bad experience for me today when the company Squareoff all my position (in 100%) at 12:31 PM.

I purchased 390000 shares of Ashokleyland at Buying average rate of Rs 87.73

and Shares prices falls down continuously and reached below Rs 86.

Whenever share price falls by 5-10 paisa, I am getting reminders/popup of MTM Margin above 75% etc and I also received a call from Support team (around 12:20PM) in which I clearly instructed him - that I will square off my position before 3:20 today which is normal company practice.

My question is that: When I had clearly instructed to executive that I will clear it myself, then How can the company square off all my position at 12:27 PM (in between the day) by squaring off all my 100% position (390000 shares of Ashokleyland squareoff by HO). See the screenshot attached.

Due to it, I resulted to a loss of Rs 8.15 Lakh rupees.

After 12:30 PM, Share price.. reaches above Rs 86 many times and I will be in better position to square off my position. You can see the Share chart for more details. See screenshots attached (Share Price at 3:01 showing MTM Loss of Rs. 6.36 Lac, Share Price at 3:12 PM showing MTM loss of Rs. 5.58Lac, Share price at 3:15 PM showing MTM loss of 4.80 Lac, Share Price at 3:18PM showing MTM loss of Rs 4.61 lac, Share Price at 3:24PM showing MTM loss of Rs 4.41 lac, Share Price at 3:25PM showing MTM loss of Rs 4.22 lac, Share Price at 3:26PM showing MTM loss of Rs 4 lac).

It clearly shows that if I square off my position manually or company will auto-squareoff as per their standard timings, My actual loss was below Rs. 5 lac but due to company auto-squareoff at 12:30PM (between the day), I resulted to actual loss of Rs. 8.14 lac. Who will compensate this loss difference (Rs 8.14 Lac - Rs 5 Lac = Rs. 3.15 Lac in total)?

Also, If square off is really needed, then company can square off half of my position so that I will have half shares available with me to square off at better price and by doing so, company Margin percentage goes down below 50%.

It really hurts me a lot when all of my investment gone to "zero" because of company's silly mistake.

I never forgive Ashlar / Wisom capital for this silly mistake and will highlight the issue with SEBI / Consumer Court / Social media.

Can you please give me any Justified reason for why company squareoff all my 100% position at 12:30 PM and not waited upto 3:20 PM (which is normal company squareoff time)?

Amit Nanda
Mb : 9872509510
User/Customer ID : WU80

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

28.1. abhilash May 16, 2019 16:24

can i know how long your with wisdom capital,
does payout and adding funds work fine

27. ravi Sep 20, 2018 00:05

I applied for account opening and they took full month for account opening. very bad customer service and it is a cumbersome task to withdrew your money simply transfer in and forgot your money. No one will pick your call or reply. Whole office is run by two persons. dont waste your time rather go for SAS online or ZERODHA. I have to open account with ZERODH because of worst service of Wisdom capital . Zerodha is one of the bet discount broker.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

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