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Wisdom Capital Vs Karvy: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Wisdom Capital Max Rs 9 per trade while the brokerage of Karvy ranges between 0.03 to 0.3%. Wisdom Capital is a Discount Broker where Karvy is a Full Service Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for Wisdom Capital is 3,820 where number of active customer for Karvy is . Wisdom Capital is serving more customer compare to Karvy.

Here we present side-by-side comparison of Wisdom Capital vs Karvy share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Wisdom Capital vs Karvy'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 Wisdom Capital vs Karvy share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Wisdom Capital vs Karvy'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 Wisdom Capital vs Karvy on Service

  Wisdom Capital Compare
Wisdom Capital
Karvy Compare
Karvy
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 3,820
Broker Overview 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 One of the largest stockbrokers offering a full spectrum of financial products including Karvy Demat and Trading Account, NRI account, Corporate Account, Trust Account, research reports, and advisory.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

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

Comparison of Wisdom Capital with Karvy on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Wisdom Capital charges Rs 999 Life time AMC AMC for Demat account where Karvy charges Rs 500 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Wisdom Capital with Karvy
Charges Wisdom Capital Karvy
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 999 Life time AMC Rs 500 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Wisdom Capital vs Karvy on Plan Options

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

Compare Wisdom Capital with Karvy on Plan Options
Plan Types Wisdom Capital Karvy
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Wisdom Capital vs Karvy on Brokerage 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.

Karvy Brokerage Plan detail - Karvy have different plan and this is there basic plan, For more details about plan you need to contact personally.

Brokerage Charges - Compare Wisdom Capital with Karvy
Brokerage Charges Compare Wisdom Capital Karvy
Plan Name Flat Fee Rs 9 Trading Plan (Pro Plan) Basic Trading Plan (Percentage Based)
Equity Delivery 0.05% or 5 paisa 0.3% or 30 paisa
Equity Intraday 0.01% or 1 paisa 0.03% or 3 paisa
Equity Futures Flat Fee Rs 9 0.03% or 3 paisa
Equity Options Flat Fee Rs 9 Rs 50 Per Lot
Currency Futures Flat Fee Rs 9 0.03% or 3 paisa
Currency Options Flat Fee Rs 9 Rs 50 Per Lot
Commodity Trading Flat Fee Rs 9 0.03% or 3 paisa
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges NA Call 18004198283 number for Call and Trade, SMS Order faclity also available
Auto Square off Charges NA Call 18004198283 number for Call and Trade, SMS Order faclity also available
Brokerage Calculator Brokerage Calculator for Wisdom Capital Brokerage Calculator for Karvy
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Share Broker's Transaction Charges

Compare Wisdom Capital vs Karvy on Transaction Charges

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

Transaction Charges - Compare Wisdom Capital with Karvy
Transaction Charges Compare Wisdom Capital Karvy
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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for wisdom-capital Complete Brokerage Plans for karvy
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Account Features

Compare Wisdom Capital vs Karvy on Account Features

Compare Wisdom Capital with Karvy 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 - Both broker dont have a margin funding facility. NRI Trading - both doesn't offer NRI Trading facility.

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

Compare Wisdom Capital vs Karvy on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Wisdom Capital and Karvy. 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 Wisdom Capital with Karvy
Trading Platform Compare Wisdom Capital Karvy
Desktop Trading Platform NEST Trader & NSE NOW Karvy NESTTrader
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail http://trade.wisdomcapital.in./ https://trade.karvyonline.com/KARVY/Login/indexauth.jsp
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App TradeEye KarvyOnline
Mobile Trading App Demo Info Not Available KarvyOnline Demo
Android Mobile App Yes Yes
Android App Download Andriod TradeEye Download Andriod KarvyOnline Download
iPhone Mobile App (IOS) Yes No
iOS App Download Info Not Available iOS KarvyOnline Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Info Not Available Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Wisdom Capital Equity Intraday and Delivery Brokerage Calculator for Karvy
Futures Brokerage Calculator Futures Brokerage Calculator for Wisdom Capital Futures Brokerage Calculator for Karvy
Options Brokerage Calculator Options Brokerage Calculator for Wisdom Capital Options Brokerage Calculator for Karvy
Detail Detail on Trading Platforms for wisdom-capital Detail on Trading Platforms for karvy

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Broker Ratings by Users

Compare Wisdom Capital vs Karvy on User Rating

  Wisdom Capital Karvy
  8 Customer Reviews    Rate Wisdom Capital 3 Customer Reviews    Rate Karvy
Fees Ratings 4.3 2.7
Trading Brokerage Rating 4.5 2.3
Trading Platform Usability 3.3 2.3
Customer Service Ratings 4.4 3.7
Overall Ratings 3.9 2.7
Broker Rating Wisdom Capital is Rated 3.9 / 5 based on 8 customer reviews Karvy is Rated 2.7 / 5 based on 3 customer reviews
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Investment Offerings

Compare Wisdom Capital vs Karvy on Investment Offerings

Compare Wisdom Capital with Karvy 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 - Karvy offers online mutual fund investment option where Wisdom Capital doesn't offer. Portfolio Management Services (PMS) - Karvy provides PMS Service where Wisdom Capital doesn't offer

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

Compare Wisdom Capital vs Karvy on Order Types

Order Type - Compare Wisdom Capital with Karvy 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) - Karvy provides 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) - Karvy provides 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)- Wisdom Capital offers After Market Orders where Karvy doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

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

Compare Wisdom Capital vs Karvy on Customer Service

Compare Wisdom Capital with Karvy 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 Wisdom Capital with Karvy
Customer Service Compare Wisdom Capital Karvy
24/7 Customer Service Wisdom Capital vs Karvy - 24x7 customer support No No
Email Support Wisdom Capital vs Karvy - Email Support Yes Yes
Onine Live Chat Wisdom Capital vs Karvy - Onine Live Chat Yes No
Phone Support Wisdom Capital vs Karvy - Phone Support Yes Yes
Toll Free Number Wisdom Capital vs Karvy - Toll Free Number No Yes
Through Branches Wisdom Capital vs Karvy - Through Branches No Yes
Customer Care Number Wisdom Capital vs Karvy - Customer Care Number Info Not Available 18004198283/7093706007/18004198283
Account Opening Process Wisdom Capital vs Karvy - Account Opening Process Info Not Available Online/Paperless
Customer Support Email Wisdom Capital vs Karvy - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education Wisdom Capital vs Karvy - Knowledge Center/Education Info Not Available https://www.karvyonline.com/knowledge-center/index
Head Office Address Wisdom Capital vs Karvy - Head Office Address/Corporate Address Info Not Available Karvy House,
No. 46, 8-2-609/K Avenue 4,
Street No. 1,
Banjara Hills,
Hyderabad - 500 034
Telangana
Website Wisdom Capital vs Karvy - Company Website Info Not Available www.karvyonline.com
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Tips/Research/Reports Published

Compare Wisdom Capital vs Karvy on Research Reports, Tips

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

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

Compare Wisdom Capital vs Karvy on Demat Account

Compare Wisdom Capital with Karvy 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 Karvy is ₹365 pa. Wisdom Capital is a better choice in terms of Demat AMC compare to Karvy.

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 Wisdom Capital is ₹12 where for Karvy is ₹15 per transaction.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 Wisdom Capital with Karvy
  Wisdom Capital Karvy
DP Source NSDL CDSL
DP ID Wisdom Capital vs Karvy - DP ID No 33200
Demat Account Annual Maintenance Charges(AMC) Free (₹1000 Refundable deposit + ₹1000 one time charges) ₹365 pa
Advance Deposit NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12 ₹15 per transaction
Demat ₹3 per certificate + ₹20 per DFR ₹5 per certificate + ₹40 courier charges
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation ₹50 per transaction 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Creation Confirmation Nil 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Closure ₹25 per transaction 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Closure Confirmation Nil 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Invocation ₹25 per transaction 0.03% of transaction value (Min ₹100 and Max ₹5k)
Failed Instruction Charges ₹20 ₹100
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Wisdom Capital vs Karvy on Special Offers and Promotion

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

Compare Wisdom Capital vs Karvy on Special Offers and Promotion
  Wisdom Capital Karvy
Pay In and Pay Out Options Wisdom Capital vs Karvy - Pay In and Pay Out Options Info Not Available Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Karvy Broking Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Wisdom Capital vs Karvy - Payout Time Info Not Available Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Wisdom Capital vs Karvy - Bank Supported and Charges Info Not Available Around 40+ bank are prefered parter with Karvy Stock Broking.
Bank Detail Info Not Available Info Not Available
Likes

Detail Review...

Detail Review...

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

Detail Review...

  • 3-in-1 account opening facility is not available with Karvy.

Detail Review...

Special Offers/Promo
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Last Updated on 2019-06-27T00:43:21+00:00