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Wisdom Capital Stock Trading, Demat, Brokerage and Reviews 2019

11.79% 5,632 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.

Wisdom Capital Ratings

Overall Rating	3.5/5
Fees	3.9/5
Brokerage	4.3/5
Usability	3.2/5
Customer Service	3.3/5

Based on 24 Votes by Wisdom Capital Customers

Do you trade with Wisdom Capital? Rate Wisdom Capital

Information about Wisdom Capital account opening, Wisdom Capital open account, Wisdom Capital opening charges, Wisdom Capital account opening charges, Wisdom Capital account opening status, Wisdom Capital amc charges, Wisdom Capital account charges, Wisdom Capital account closure

Wisdom Capital's 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.

Read Wisdom Capital Trading Software Review for info about Wisdom Capital platform, Wisdom Capital trading platform, Wisdom Capital trading software, Wisdom Capital trading demo, Wisdom Capital Demo, Wisdom Capital download, Wisdom Capital software download, Wisdom Capital software, Wisdom Capital stop loss, Wisdom Capital trading and Wisdom Capital trading account.

Account Types

Wisdom Capital offers 3 different plans to suit 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:
- Intraday Margin In NSE Cash: Upto 5X MIS
- Intraday Margin In NSE Futures (MIS): 1X
- Intraday Exposure In NSE Options: 1X
- Intraday Leverage In MCX (MIS): 1X
- Delivery Margin In NSE Cash(BTST): 1X
Pro Plan
This trading plan is designed for professional traders who need higher intraday exposures or margins and advance trading tools. The brokerage charged in the plan is Rs 9 per trade for NSE futures & options, currency & Commodity Trading at MCX. For equity cash intraday & for delivery trading 0.005% being charged as brokerages. The plan offers margin/exposure as below:
- Intraday Margin In NSE Cash: Upto 40 X MIS
- Intraday Margin In NSE Futures (MIS): 6X MIS & Upto 20X BO/CO
- Intraday Exposure In NSE Options: 1X Buy & 6X Sell
- Intraday Leverage In MCX (MIS): 6X MIS & Upto 7X in BO/CO
- Delivery Margin In NSE Cash(BTST): Upto 2X
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 and delivery trading 0.007% being charged.
- Intraday Margin In NSE Cash: Upto 60X MIS
- Intraday Margin In NSE Futures (MIS): Upto 15X MIS & Upto 20X BO/CO
- Intraday Exposure In NSE Options: 1X Buy & Upto 15X Sell
- Intraday Leverage In MCX (MIS): Upto 10X MIS & Upto 14X BO/CO
- Delivery Margin In NSE Cash(BTST): Upto 4X
Other Brokers
This Plan charges Rs 500 to Rs 1000 as an account opening fees with one year validity. The brokerage charged in this plan is Rs 20/trade to 2.00% for Intraday and delivery on Brokerage in NSE Equities, Rs 20/trade to 2.00% for NSE Future and Options, Rs 20/trade to 2.00% for MCX.
- Intraday Margin In NSE Cash: 5X to 10X
- Intraday Margin In NSE Futures (MIS) and CO/BO: 2X to 4X
- Intraday Exposure In NSE Options: No Exposure
- Intraday Leverage In MCX (MIS) and BO/CO: 2X to 4X
- Delivery Margin In NSE Cash(BTST): 2X to 4X

Wisdom Capital Brokerage Charges 2019

Wisdom Capital Brokerage Plans
Plans	Freedom Plan	Pro Plan	Ultimate Plan	Other Brokers
Account Opening	Free	Free	Free	Rs 500-1000
Validity	Lifetime	Lifetime	Lifetime	1 Year
Brokerage in FNO (NSE/MCX)	ZERO (0%)	9/Trade	Future: 0.005% (NSE/MCX), Options : Rs. 15/Lot	Rs 20/trade to 2.00%
Brokerage in Cash	ZERO (0%)	0.005% Intraday and Delivery	0.007% Intraday and Delivery	Rs 20/trade to 2.00%
Intraday Margin In Futures/MCX	1X MIS	6X MIS & 20X in Cover Order	Upto 15X MIS & 20X in Cover Order	Upto 2X to 4X for MIS & Cover Order
Intraday Exposure In Options	1X	1X Buy & 6X Sell.	1X Buy & Upto 15X Sell.	No Exposure
Intraday Leverage In MCX (MIS)	1X	6X MIS and Upto 7X BO/CO	Upto 10 X MIS and Upto 14X BO/CO	2X to 4X MIS and BO/CO
Delivery Margin In NSE Cash(BTST)	1X	Upto 2X	Upto 4X	2X to 4X
Call & Trade Charges	20/Executed Order	20/Executed Order	20/Executed Order	20/Executed Order
Free Demat Opening	Yes	Yes	Yes	No
Demat Maintenance Cost	Lifetime 999+ Taxes	Lifetime 999+ Taxes	Lifetime 999+ Taxes	Lifetime 500/year
Trading Software Nest	Free	Free	Free	Chargeable

Check out Wisdom Capital Brokerage Charges, Fees, AMC, Transaction Charges. Get detail about Wisdom Capital pricing, Wisdom Capital brokerage calculater, Wisdom Capital brokerage, Wisdom Capital plans, Wisdom Capital brokerage review, Wisdom Capital brokerage plans, Wisdom Capital fund transfer, Wisdom Capital intraday brokerage, Wisdom Capital charges, Wisdom Capital charge list, Wisdom Capital charges calculator, Wisdom Capital prepaid brokerage plans, Wisdom Capital yearly charges, Wisdom Capital fees, Wisdom Capital yearly maintenance charge, Wisdom Capital option brokerage and Wisdom Capital trading charges.

How to open account with Wisdom Capital?

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.

Read Wisdom Capital Account Opening Process Review to find information about Wisdom Capital broker, Wisdom Capital branches, Wisdom Capital sub broker, Wisdom Capital support, Wisdom Capital customer care, Wisdom Capital user reviews, Wisdom Capital user manual, Wisdom Capital website, Wisdom Capital review and Wisdom Capital toll free number

Contact Wisdom Capital / Request Call Back

Wisdom Capital Pros and Cons

Wisdom Capital Advantages

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 Disadvantages

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.

Wisdom Capital Exposure Margin

Wisdom Capital leverage for intraday, delivery, options, currency and commodities. Read Wisdom Capital exposure limit review.

Segment	Exposure Margin
Equity Delivery	5x to 40x (dependent on brokerage plan)
Equity Intraday	5x to 40x (dependent on brokerage plan)
Equity Future	5x to 20x (dependent on brokerage plan)
Equity Options	5x to 40x (dependent on brokerage plan)
Currency Future	4x to 15x (dependent on brokerage plan)
Currency Options	4x to 15x (dependent on brokerage plan)
Commodity Future	5x to 20x (dependent on brokerage plan)
Commodity Options

Wisdom Capital Complaints received at BSE/NSE

Number of customer complained against Wisdom Capital share broker. The Wisdom Capital consumer complaints provide the summary of grievance which went to exchange for resolution.

Wisdom Capital Customer Complaints

Exchange	Financial Year	Number of Clients *	Total Complaints **
NSE	2019-20	5,632	5
NSE	2018-19	5,038	14
NSE	2017-18	3,607	9
NSE	2016-17	2,243	5
NSE	2015-16	2,271	2
NSE	2014-15	2,340	4
NSE	2013-14	1,979	15
BSE	2012-13	2,976	1
NSE	2012-13	3,282	8
NSE	2011-12	866	6

* Number of active customers. As per SEBI guidelines each broker reports the detail of active clients to the exchange through unique client code (ucc) process every month.

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

Read detail report about Wisdom Capital Complaints at BSE, NSE and MCX
Broker complaints in India - Year wise complaints received by exchange

35 Comments

35. Rizwan Siddiqui Sep 17, 2019 23:14 Reply

Good & prompt customer service. Very less brokerage.

Ratings:

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

34. Rajendra Tudu Aug 15, 2019 18:14 Reply

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

33. Kuldeep butani Jun 20, 2019 12:10 Reply

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

32. D Prakash Jun 8, 2019 08:48 Reply

I am trading through wisdom capital for last 6 month and i had good experience. No complaints.

Ratings:

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

31. Falgunbhai Patel Nov 22, 2018 11:14 Reply

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

31.1. abhilash May 17, 2019 11:29

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

30. Amit NAnda Mar 26, 2019 15:54 Reply

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

30.1. abhilash May 16, 2019 16:24

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

29. ravi Sep 20, 2018 00:05 Reply

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

28. Samyak jain Aug 24, 2018 01:17 Reply

It is good but after sale sevices is not that much good andd there site is not user friendly caz im searching for backoffice login and i m not able to get it...

Ratings:

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

27. Dinesh Kumar Aug 6, 2018 14:51 Reply

customer service is very poor. The are not interested in customer problem and difficulty at all. They are not even picking call when you face any problem. so Please avoid joining this broker service. Brokerage is less but remaining thing is very poor.

Ratings:

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

26. Shyam Vinay Singh Jul 22, 2018 12:49 Reply

best for all

Ratings:

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

25. Mubeen Memon Mar 10, 2018 14:44 Reply

Bakwaaas customer care executives....
Don''t open a/c with deepika dirham(wisdom capital customer care executive)
😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠

Ratings:

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

24. Karan Bajpayee Mar 9, 2018 10:32 Reply

I like its brokerage plans as well as the high exposure offering.

Ratings:

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

23. Yogita Feb 16, 2018 09:29 Reply

This Indian discount broker offers the outstanding lowest brokerage plans, which make it distinctive among the other discount broker. After trading with it for two years now, I feel it’s a trustworthy stock broker. I am happy to continue my trade journey with the same broker.

22. Subhas Chand Mishra Jan 18, 2018 21:03 Reply

Very Good

Ratings:

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

21. lokeshpatidar Jan 2, 2018 16:34 Reply

NICE BROKEAGE FORM

Ratings:

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

20. abhinav Dec 22, 2017 10:03 Reply

one of the worst broker, i ever seen no phone contact payout request pending from one week no trading a/c link to back office . no transparency
pl. don''t go for this bakwas broker firm you always pay in another form

19. anil Nov 29, 2017 15:35 Reply

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...

18. Ankush Nov 3, 2017 22:11 Reply

Deley open commodity trading account

I am submitted documents in visiting noida branch monday but still my account not activated ankush 30 .10 .2017

17. deepak Nov 1, 2017 02:18 Reply

i wanted open a account with wisdom capital , but before that i wanted to check the margin and brokerage calculator in the website

i tried the Wisdom margin and brokerage calculator in the website
1)margin calculator - link does not open at all
2)brokerage calculator - the Break-Even numbers does not change at all , howmuch ever i change the sell price and Net P/L change to positive , looks like a bug.
how do you expect me to open an account ,if such basic issues are there?, reflects bad.

16. vikas Oct 30, 2017 08:44 Reply

have been using wisdom capital for a month. They are not so friendly in case if you have any problem. They will say they will solve the problem and not get back to you at all.
I even had a guy say to me once that your problem is not so important and call back to me at 3pm and then 3 pm when i call no body respond properly.

They are under-staffed and only few employees are there. I stop trading there and later opened in SAS online they are good and my brother opened in zerodha they are also good.

Ratings:

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

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Wisdom Capital Vs Bonanza	Wisdom Capital Vs SAMCO	Wisdom Capital Vs TradingBells
Wisdom Capital Vs IDBI Capital	Wisdom Capital Vs TradeSmart	Wisdom Capital Vs SAS Online
Wisdom Capital Vs iTradeOnline	Wisdom Capital Vs Tradeplus	Wisdom Capital Vs Tradejini
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