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

Wisdom Capital Vs Upstox: 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 Upstox Max Rs 20 per trade. Both the brokers are Discount Brokers. Wisdom Capital is having overall lower rating compare to Upstox. Wisdom Capital is rated only 4 out of 5 where Upstox is rated 4.5 out of 5. Number of active customer for Upstox is 24,01,555 where number of active customer for Wisdom Capital is 3,820. Upstox is serving more customer compare to Wisdom Capital.

Here we present side-by-side comparison of Wisdom Capital vs Upstox 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 Upstox'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 Upstox 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 Upstox'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 Upstox on Service

  Wisdom Capital Compare
Wisdom Capital
Upstox Compare
Upstox
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, NCDEX NSE, BSE, MCX
Active Clients 3,820 24,01,555
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 Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India.
Broker Enquiry Request call back from Zerodha Request call back from Upstox
Expand

Account Opening Charges and AMC

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

Comparison of Wisdom Capital with Upstox on trading & demat account opening charges and AMC. Trading account opening charges - Wisdom Capital offer Free account opening where Upstox charges Promotion offer: Free for account opening. Demat AMC charges - Upstox 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 Wisdom Capital with Upstox
Charges Wisdom Capital Upstox
Trading Account Opening Fees Free Promotion offer: Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 999 Life time AMC Free
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare Wisdom Capital vs Upstox on Plan Options

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

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

Account Opening Request

Account Opening

  Zerodha Upstox
Account Opening Request
Expand

Brokerage Charges

Compare Wisdom Capital vs Upstox 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.

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

Brokerage Charges - Compare Wisdom Capital with Upstox
Brokerage Charges Compare Wisdom Capital Upstox
Plan Name Flat Fee Rs 9 Trading Plan (Pro Plan) Max Rs 20 Per Order Trading Plan
Equity Delivery 0.05% or 5 paisa 2.5% or Rs 20 whichever is lower
Equity Intraday 0.01% or 1 paisa 0.05% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 9 0.05% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 9 Flat Fee Rs 20
Currency Futures Flat Fee Rs 9 0.05% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 9 Flat Fee Rs 20
Commodity Trading Flat Fee Rs 9 Flat Fee Rs 20
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges NA Rs 50 + 18% GST
Auto Square off Charges NA Rs 50 + 18% GST
Brokerage Calculator Brokerage Calculator for Wisdom Capital Brokerage Calculator for Upstox
Expand

Share Broker's Transaction Charges

Compare Wisdom Capital vs Upstox on Transaction Charges

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

Transaction Charges - Compare Wisdom Capital with Upstox
Transaction Charges Compare Wisdom Capital Upstox
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 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for wisdom-capital Complete Brokerage Plans for upstox
Expand

Account Features

Compare Wisdom Capital vs Upstox on Account Features

Compare Wisdom Capital with Upstox on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 account where Wisdom Capital offers only 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 - Upstox offers a margin funding where Wisdom Capital doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - Wisdom Capital with Upstox
Account Features Compare Wisdom Capital Upstox
3 in 1 Account No Wisdom Capital have 2-in-1 account. Only Demate and Trading account. Yes, Wisdom Capital have 3-in-1 accounts. Bank Account, Demat 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 Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading No No
Other Features NIL NIL
Expand

Trading Platform

Compare Wisdom Capital vs Upstox on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Wisdom Capital and Upstox. 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 Upstox
Trading Platform Compare Wisdom Capital Upstox
Desktop Trading Platform NEST Trader & NSE NOW Upstox Pro
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail http://trade.wisdomcapital.in./ https://pro.upstox.com/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App TradeEye Upstox
Mobile Trading App Demo Info Not Available Upstox Demo
Android Mobile App Yes Yes
Android App Download Andriod TradeEye Download Andriod Upstox Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download Info Not Available iOS Upstox Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
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 Upstox
Futures Brokerage Calculator Futures Brokerage Calculator for Wisdom Capital Futures Brokerage Calculator for Upstox
Options Brokerage Calculator Options Brokerage Calculator for Wisdom Capital Options Brokerage Calculator for Upstox
Detail Detail on Trading Platforms for wisdom-capital Detail on Trading Platforms for upstox

Expand

Broker Ratings by Users

Compare Wisdom Capital vs Upstox on User Rating

  Wisdom Capital Upstox
  8 Customer Reviews    Rate Wisdom Capital 12 Customer Reviews    Rate Upstox
Fees Ratings 4.3 3.5
Trading Brokerage Rating 4.5 3.8
Trading Platform Usability 3.3 3.7
Customer Service Ratings 4.4 3.5
Overall Ratings 3.9 3.7
Broker Rating Wisdom Capital is Rated 3.9 / 5 based on 8 customer reviews Upstox is Rated 3.7 / 5 based on 12 customer reviews
Expand

Investment Offerings

Compare Wisdom Capital vs Upstox on Investment Offerings

Compare Wisdom Capital with Upstox 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 - Upstox offers online mutual fund investment option where Wisdom Capital doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Order Types

Compare Wisdom Capital vs Upstox on Order Types

Order Type - Compare Wisdom Capital with Upstox 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) - Upstox 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) - Upstox 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)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Upstox offers Good Till Cancelled (GTC) orders where Wisdom Capital doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Wisdom Capital with Upstox
Order Type Compare Wisdom Capital Upstox
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 Yes
GTC-Good Till Cancelled No Yes
Expand

Customer Service Offered

Compare Wisdom Capital vs Upstox on Customer Service

Compare Wisdom Capital with Upstox 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 Upstox
Customer Service Compare Wisdom Capital Upstox
24/7 Customer Service Wisdom Capital vs Upstox - 24x7 customer support No No
Email Support Wisdom Capital vs Upstox - Email Support Yes Yes
Onine Live Chat Wisdom Capital vs Upstox - Onine Live Chat Yes Yes
Phone Support Wisdom Capital vs Upstox - Phone Support Yes Yes
Toll Free Number Wisdom Capital vs Upstox - Toll Free Number No No
Through Branches Wisdom Capital vs Upstox - Through Branches No Yes
Customer Care Number Wisdom Capital vs Upstox - Customer Care Number Info Not Available +91 22 6130 9999
Account Opening Process Wisdom Capital vs Upstox - Account Opening Process Info Not Available Online/Paperless
Customer Support Email Wisdom Capital vs Upstox - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education Wisdom Capital vs Upstox - Knowledge Center/Education Info Not Available https://upstox.com/help-center/
Head Office Address Wisdom Capital vs Upstox - Head Office Address/Corporate Address Info Not Available Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Website Wisdom Capital vs Upstox - Company Website Info Not Available https://upstox.com/
Expand

Tips/Research/Reports Published

Compare Wisdom Capital vs Upstox on Research Reports, Tips

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

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

Demat Account

Compare Wisdom Capital vs Upstox on Demat Account

Compare Wisdom Capital with Upstox 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 Upstox is ₹300 PA. Wisdom Capital is a better choice in terms of Demat AMC compare to Upstox.

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 Upstox is ₹13 + ₹5.50 CDSL charges.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 Upstox
  Wisdom Capital Upstox
DP Source NSDL CDSL
DP ID Wisdom Capital vs Upstox - DP ID No 81800
Demat Account Annual Maintenance Charges(AMC) Free (₹1000 Refundable deposit + ₹1000 one time charges) ₹300 PA
Advance Deposit NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12 ₹13 + ₹5.50 CDSL charges
Demat ₹3 per certificate + ₹20 per DFR ₹20 + ₹50 courier charges
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) ₹100 for every hundred securities or ₹25 per certificate (whichever is higher)
Pledge Creation ₹50 per transaction 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Creation Confirmation Nil 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure ₹25 per transaction 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure Confirmation Nil 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Invocation ₹25 per transaction 0.05% of the transaction value (Min ₹50)
Failed Instruction Charges ₹20 ₹50
Other Charges Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare Wisdom Capital vs Upstox on Special Offers and Promotion

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

Compare Wisdom Capital vs Upstox on Special Offers and Promotion
  Wisdom Capital Upstox
Pay In and Pay Out Options Wisdom Capital vs Upstox - Pay In and Pay Out Options Info Not Available pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only
Payout Time Wisdom Capital vs Upstox - Payout Time Info Not Available Max 24 hrs except bank holidays
Bank Supported and Charges Wisdom Capital vs Upstox - Bank Supported and Charges Info Not Available Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service.
Bank Detail Info Not Available HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
Likes

Detail Review...

Before you open an Upstox account, check out the advantages on why to trade with Upstox.

  • No account opening charges and Zero Demat maintenance charge.
  • Cheapest flat brokerage of Rs 20 per order
  • Best platforms for traders and investors
  • Invest in mutual funds and IPOs for free.
  • Invest across global companies in 25+ countries.
  • Advanced orders like bracket order, cover order, AMO, and GTT order.
  • Advanced Pro web and mobile app-based trading platforms.
  • TradingView charts, multiple technical indicators, and drawing tools
  • Margin Trading Facility and margin against shares
  • Free API access
  • UpLearn free learning platform

Detail Review...

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

Detail Review...

There are some setbacks or disadvantages also while trading with Upstox;

  • Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading.
  • Upstox does not have unlimited monthly trading plan.
  • It does not provide stock trading tips and recommendations.
  • Does not offer NRI trading.
  • 24/7 customer service is not available.

Detail Review...

Special Offers/Promo Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs
Enquiry Open Zerodha Account Now>> Open Upstox Account Now>>

Last Updated on 2019-06-27T00:43:21+00:00