FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Dhan Vs Wisdom Capital: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Dhan Max Rs 20 per trade while the brokerage of Wisdom Capital Max Rs 9 per trade. Both the brokers are Discount Brokers. Dhan is having overall lower rating compare to Wisdom Capital. Dhan is rated only 3 out of 5 where Wisdom Capital is rated 4 out of 5. Number of active customer for Dhan is 4,34,798 where number of active customer for Wisdom Capital is 3,820. Dhan is serving more customer compare to Wisdom Capital.

Here we present side-by-side comparison of Dhan vs Wisdom Capital share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Dhan vs Wisdom Capital's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Dhan vs Wisdom Capital share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Dhan vs Wisdom Capital's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Dhan vs Wisdom Capital on Service

  Dhan Compare
Dhan
Wisdom Capital Compare
Wisdom Capital
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 4,34,798 3,820
Broker Overview Open a free Dhan Demat and trading account and start trading at just Rs 20 brokerage on the lightning and superfast Dhan App, web, and Options Trader platform. It is the first broker to provide a dedicated options trading platform and allow Direct tr... Know more about Dhan Wisdom Capital shines in its ability to personalize the broker-trader relationship. With price, execution and service mattering the most to hyperactive traders, Wisdom Capital is competitive in the first two (price & execution) and specializes in the...Know more about Wisdom Capital
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
Expand

Account Opening Charges and AMC

Compare Dhan vs Wisdom Capital on Trading & Demat Account Opening Charges

Comparison of Dhan with Wisdom Capital on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Dhan offer Free AMC for Demat account where Wisdom Capital charges Rs 999 Life time AMC AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Dhan with Wisdom Capital
Charges Dhan Wisdom Capital
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Free Rs 999 Life time AMC
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare Dhan vs Wisdom Capital on Plan Options

Plans are the most important feature you look when compare Dhan with Wisdom Capital. This section compare on high level about type of plans offered by brokers. Multiple Plans - Wisdom Capital provides Multiple Plans where Dhan doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Dhan with Wisdom Capital on Plan Options
Plan Types Dhan Wisdom Capital
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare Dhan vs Wisdom Capital on Brokerage Charges

Dhan Brokerage Plan detail - Dhan has a fixed Rs 20 brokerage plan that charges you a maximum of Rs 20 per order brokerage fee on trading in equity, derivatives, commodity, and currency. However, it provides free equity delivery at zero charges.

Wisdom Capital Brokerage Plan detail - Trade on your Pro Plan,buy and sell FnO Rs 9 Per trade, 0.005% Intraday,0.05% Delivery.If you are large or small investore this will give you freedom in your trade. Delivery Limit/Margin In Cash is 1X,Intraday Limit/Margin In Futures is 6X MIS & 20X in Cover Order,Intraday Limit/Margin In Options is 1X Buy & 6X Sell,Intraday Limit/Margin In Cash is Upto 40 X MIS, Intraday Limit/Margin In Delivery is Upto 5X.

Brokerage Charges - Compare Dhan with Wisdom Capital
Brokerage Charges Compare Dhan Wisdom Capital
Plan Name Dhan Brokerage Plan Flat Fee Rs 9 Trading Plan (Pro Plan)
Equity Delivery Free 0.05% or 5 paisa
Equity Intraday 0.03% or Rs 20 whichever is lower 0.01% or 1 paisa
Equity Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 9
Equity Options Flat Fee Rs 20 Flat Fee Rs 9
Currency Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 9
Currency Options Flat Fee Rs 20 Flat Fee Rs 9
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 9
Minimum Brokerage No NIL
Hidden Charges No Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges Rs 50 per order + GST NA
Auto Square off Charges Rs 20 per order + GST NA
Brokerage Calculator Brokerage Calculator for Dhan Brokerage Calculator for Wisdom Capital
Expand

Share Broker's Transaction Charges

Compare Dhan vs Wisdom Capital on Transaction Charges

Compare Dhan with Wisdom Capital on transaction charges and PCM fee by segment.

Transaction Charges - Compare Dhan with Wisdom Capital
Transaction Charges Compare Dhan Wisdom Capital
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for dhan Complete Brokerage Plans for wisdom-capital
Expand

Account Features

Compare Dhan vs Wisdom Capital on Account Features

Compare Dhan with Wisdom Capital on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Dhan offers a margin funding where Wisdom Capital doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - Dhan with Wisdom Capital
Account Features Compare Dhan Wisdom Capital
3 in 1 Account No Dhan have 2-in-1 account. Only Demate and Trading account. No Dhan have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:20 PM 3:15PM
NRI Trading No No
Other Features NIL NIL
Expand

Trading Platform

Compare Dhan vs Wisdom Capital on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Dhan and Wisdom Capital. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Dhan with Wisdom Capital
Trading Platform Compare Dhan Wisdom Capital
Desktop Trading Platform Dhan App, Web, Options Trader NEST Trader & NSE NOW
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://web.dhan.co/ http://trade.wisdomcapital.in./
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Dhan App TradeEye
Mobile Trading App Demo Dhan App Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Dhan App Download Andriod TradeEye Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Dhan App Download Info Not Available
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Dhan Equity Intraday and Delivery Brokerage Calculator for Wisdom Capital
Futures Brokerage Calculator Futures Brokerage Calculator for Dhan Futures Brokerage Calculator for Wisdom Capital
Options Brokerage Calculator Options Brokerage Calculator for Dhan Options Brokerage Calculator for Wisdom Capital
Detail Detail on Trading Platforms for dhan Detail on Trading Platforms for wisdom-capital

Expand

Broker Ratings by Users

Compare Dhan vs Wisdom Capital on User Rating

  Dhan Wisdom Capital
  12 Customer Reviews    Rate Dhan 8 Customer Reviews    Rate Wisdom Capital
Fees Ratings 2.8 4.3
Trading Brokerage Rating 3.6 4.5
Trading Platform Usability 3.2 3.3
Customer Service Ratings 2.8 4.4
Overall Ratings 3.3 3.9
Broker Rating Dhan is Rated 3.3 / 5 based on 12 customer reviews Wisdom Capital is Rated 3.9 / 5 based on 8 customer reviews
Expand

Investment Offerings

Compare Dhan vs Wisdom Capital on Investment Offerings

Compare Dhan with Wisdom Capital on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker don't offer online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Dhan with Wisdom Capital
Investment Offerings Compare Dhan Wisdom Capital
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes No
Mutual Funds No No
Bond / NCD No No
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment No No
Equity SIP Investment Yes No
PMS Service No No
Other Investment Options NIL NIL
Expand

Order Types

Compare Dhan vs Wisdom Capital on Order Types

Order Type - Compare Dhan with Wisdom Capital on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Dhan provide Cover Orders (CO) where Wisdom Capital doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Dhan provide Bracket Orders (BO) where Wisdom Capital doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Dhan offers Good Till Cancelled (GTC) orders where Wisdom Capital doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Dhan with Wisdom Capital
Order Type Compare Dhan Wisdom Capital
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
Expand

Customer Service Offered

Compare Dhan vs Wisdom Capital on Customer Service

Compare Dhan with Wisdom Capital on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Dhan with Wisdom Capital
Customer Service Compare Dhan Wisdom Capital
24/7 Customer Service Dhan vs Wisdom Capital - 24x7 customer support No No
Email Support Dhan vs Wisdom Capital - Email Support Yes Yes
Onine Live Chat Dhan vs Wisdom Capital - Onine Live Chat Yes Yes
Phone Support Dhan vs Wisdom Capital - Phone Support Yes Yes
Toll Free Number Dhan vs Wisdom Capital - Toll Free Number No No
Through Branches Dhan vs Wisdom Capital - Through Branches No No
Customer Care Number Dhan vs Wisdom Capital - Customer Care Number 022-48906273 Info Not Available
Account Opening Process Dhan vs Wisdom Capital - Account Opening Process Zero Info Not Available
Customer Support Email Dhan vs Wisdom Capital - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Dhan vs Wisdom Capital - Knowledge Center/Education https://knowledge.dhan.co/support/home Info Not Available
Head Office Address Dhan vs Wisdom Capital - Head Office Address/Corporate Address
302, Western Edge l,
Off Western Express Highway,
Borivali East, Mumbai - 400066,
Maharashtra, India.
Info Not Available
Website Dhan vs Wisdom Capital - Company Website https://dhan.co/ Info Not Available
Expand

Tips/Research/Reports Published

Compare Dhan vs Wisdom Capital on Research Reports, Tips

Compare Dhan with Wisdom Capital on research reports and tips provided by the broker.

Research Reports - Compare Dhan with Wisdom Capital
  Dhan Wisdom Capital
Research Mutual Funds Dhan vs Wisdom Capital - Research Mutual Funds No No
Research Equity Reports Dhan vs Wisdom Capital - Research Equity Reports No No
Research ETF Dhan vs Wisdom Capital - Research ETF No No
Daily Market Report Dhan vs Wisdom Capital - Daily Market Report No No
Free Tips Dhan vs Wisdom Capital - Free Tips No No
Quarterly Result Analysis Dhan vs Wisdom Capital - Quarterly Results No No
News Alerts Dhan vs Wisdom Capital - No No
Expand

Demat Account

Compare Dhan vs Wisdom Capital on Demat Account

Compare Dhan with Wisdom Capital on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Wisdom Capital is Free (₹1000 Refundable deposit + ₹1000 one time charges) where for Dhan is Zero. Wisdom Capital is a better choice in terms of Demat AMC compare to Dhan.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Dhan is ₹12.5 per transaction where for Wisdom Capital is ₹12.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Dhan with Wisdom Capital
  Dhan Wisdom Capital
DP Source CDSL NSDL
DP ID Dhan vs Wisdom Capital - DP ID 289-2016 No
Demat Account Annual Maintenance Charges(AMC) Zero Free (₹1000 Refundable deposit + ₹1000 one time charges)
Advance Deposit Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12.5 per transaction ₹12
Demat ₹250 per certificate + courier charges ₹3 per certificate + ₹20 per DFR
Remat ₹250 per certificate + courier charges ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation ₹12.5 per transaction ₹50 per transaction
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹12.5 per transaction ₹25 per transaction
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹12.5 per transaction ₹25 per transaction
Failed Instruction Charges Nil ₹20
Other Charges Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare Dhan vs Wisdom Capital on Special Offers and Promotion

Compare Dhan with Wisdom Capital on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Dhan vs Wisdom Capital on Special Offers and Promotion
  Dhan Wisdom Capital
Pay In and Pay Out Options Dhan vs Wisdom Capital - Pay In and Pay Out Options UPI, Net banking, and Smart Fund Transfer using NEFT, RTGS, and IMPS Info Not Available
Payout Time Dhan vs Wisdom Capital - Payout Time Fast withdrawal with IMPS, NEFT Withdrawal Info Not Available
Bank Supported and Charges Dhan vs Wisdom Capital - Bank Supported and Charges Info Not Available
Bank Detail Info Not Available
Likes
  • No account opening fees.
  • No brokerage fees for investing in stocks, IPO, and ETF.
  • Rs 20 competitive brokerage plan.
  • TradingView charting platform.
  • Lightning, fast, and user-friendly Dhan app and web platform.
  • Powerful options trader app and web platform for F&O traders.
  • Instant withdrawal of funds to your bank account in just a few minutes.
  • Margin trading facility.
  • Start daily, weekly and monthly SIP in stocks and ETFs.
  • After-market order (AMO), Basket order, Bracket order (BO), Cover order (CO) and Forever order.
  • 50% brokerage discount to women traders and investors.

Detail Review...

Detail Review...

Dislikes
  • You cannot invest in mutual funds and sovereign gold bonds.
  • No installable trading terminal.
  • High fees for call & trade services.
  • Does not offer stock market trading tips, equity research & advisory.
  • You cannot open a 3-in-1 account in Dhan.
  • NRIs cannot open Dhan trading and demat accounts.

Detail Review...

No support to invest in IPOs, Mutual Fund and Bonds; charges for using semi-automated algo trading.

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-14T03:51:34+00:00