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IIFL Securities 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 IIFL Securities Max Rs 20 per trade while the brokerage of Wisdom Capital ranges between Rs 9. IIFL Securities is a Full Service Broker where Wisdom Capital is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for IIFL Securities is 4,37,829 where number of active customer for Wisdom Capital is 3,820. IIFL Securities is serving more customer compare to Wisdom Capital.

Here we present side-by-side comparison of IIFL Securities 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 IIFL Securities 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 IIFL Securities 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 IIFL Securities 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 IIFL Securities vs Wisdom Capital on Service

  IIFL Securities Compare
IIFL Securities
Wisdom Capital Compare
Wisdom Capital
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 4,37,829 3,820
Broker Overview IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,... Know more about IIFL Securities 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 IIFL Securities Request call back from Zerodha
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Account Opening Charges and AMC

Compare IIFL Securities vs Wisdom Capital on Trading & Demat Account Opening Charges

Comparison of IIFL Securities 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 - IIFL Securities charges Rs 250 PA (Free for 1st year) AMC for Demat account where Wisdom Capital charges Rs 999 Life time AMC AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities with Wisdom Capital
Charges IIFL Securities Wisdom Capital
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 250 PA (Free for 1st year) Rs 999 Life time AMC
Provide DP Service Yes Yes
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About Brokerage Plans

Compare IIFL Securities vs Wisdom Capital on Plan Options

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

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

Account Opening

  IIFL Securities Zerodha
Account Opening Request
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Brokerage Charges

Compare IIFL Securities vs Wisdom Capital on Brokerage Charges

IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.

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 IIFL Securities with Wisdom Capital
Brokerage Charges Compare IIFL Securities Wisdom Capital
Plan Name IIFL iSERVE Brokerage Plan Flat Fee Rs 9 Trading Plan (Pro Plan)
Equity Delivery Flat Rs 20 per order 0.05% or 5 paisa
Equity Intraday Flat Rs 20 per order 0.01% or 1 paisa
Equity Futures Flat Rs 20 per order Flat Fee Rs 9
Equity Options Flat Rs 20 per order Flat Fee Rs 9
Currency Futures Flat Rs 20 per order Flat Fee Rs 9
Currency Options Flat Rs 20 per order Flat Fee Rs 9
Commodity Trading Flat Rs 20 per order Flat Fee Rs 9
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Rs 50 Per Call + GST NA
Auto Square off Charges Rs 50 Per Call + GST NA
Brokerage Calculator Brokerage Calculator for IIFL Securities Brokerage Calculator for Wisdom Capital
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Share Broker's Transaction Charges

Compare IIFL Securities vs Wisdom Capital on Transaction Charges

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

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

Compare IIFL Securities vs Wisdom Capital on Account Features

Compare IIFL Securities 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 - Wisdom Capital offers Algo Trading where IIFL Securities doesn't offers Algo Trading. Margin Funding - IIFL Securities offers a margin funding where Wisdom Capital doesn't offers margin funding. NRI Trading - IIFL Securities offers NRI where Wisdom Capital doesn't offers NRI Trading.

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

Compare IIFL Securities vs Wisdom Capital on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities 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 IIFL Securities with Wisdom Capital
Trading Platform Compare IIFL Securities Wisdom Capital
Desktop Trading Platform IIFL Trader terminal NEST Trader & NSE NOW
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://ttweb.indiainfoline.com http://trade.wisdomcapital.in./
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App IIFL Markets TradeEye
Mobile Trading App Demo IIFL Markets Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod IIFL Markets Download Andriod TradeEye Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS IIFL Markets 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 IIFL Securities Equity Intraday and Delivery Brokerage Calculator for Wisdom Capital
Futures Brokerage Calculator Futures Brokerage Calculator for IIFL Securities Futures Brokerage Calculator for Wisdom Capital
Options Brokerage Calculator Options Brokerage Calculator for IIFL Securities Options Brokerage Calculator for Wisdom Capital
Detail Detail on Trading Platforms for iifl-securities Detail on Trading Platforms for wisdom-capital

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Broker Ratings by Users

Compare IIFL Securities vs Wisdom Capital on User Rating

  IIFL Securities Wisdom Capital
  82 Customer Reviews    Rate IIFL Securities 8 Customer Reviews    Rate Wisdom Capital
Fees Ratings 3.1 4.3
Trading Brokerage Rating 2.9 4.5
Trading Platform Usability 3.4 3.3
Customer Service Ratings 2.9 4.4
Overall Ratings 2.8 3.9
Broker Rating IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews Wisdom Capital is Rated 3.9 / 5 based on 8 customer reviews
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Investment Offerings

Compare IIFL Securities vs Wisdom Capital on Investment Offerings

Compare IIFL Securities 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 - IIFL Securities offers online mutual fund investment option where Wisdom Capital doesn't offer. Portfolio Management Services (PMS) - IIFL Securities provide PMS Service where Wisdom Capital doesn't offer

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

Compare IIFL Securities vs Wisdom Capital on Order Types

Order Type - Compare IIFL Securities 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) - IIFL Securities 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) - Both broker don't have Bracket Orders (BO).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- IIFL Securities offers Good Till Cancelled (GTC) orders where Wisdom Capital doesn't support Good Till Cancelled (GTC) orders.

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

Compare IIFL Securities vs Wisdom Capital on Customer Service

Compare IIFL Securities 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 IIFL Securities with Wisdom Capital
Customer Service Compare IIFL Securities Wisdom Capital
24/7 Customer Service IIFL Securities vs Wisdom Capital - 24x7 customer support Yes No
Email Support IIFL Securities vs Wisdom Capital - Email Support Yes Yes
Onine Live Chat IIFL Securities vs Wisdom Capital - Onine Live Chat Yes Yes
Phone Support IIFL Securities vs Wisdom Capital - Phone Support Yes Yes
Toll Free Number IIFL Securities vs Wisdom Capital - Toll Free Number Yes No
Through Branches IIFL Securities vs Wisdom Capital - Through Branches Yes No
Customer Care Number IIFL Securities vs Wisdom Capital - Customer Care Number 022-40071000 Info Not Available
Account Opening Process IIFL Securities vs Wisdom Capital - Account Opening Process Online/Paperless Info Not Available
Customer Support Email IIFL Securities vs Wisdom Capital - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education IIFL Securities vs Wisdom Capital - Knowledge Center/Education https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx Info Not Available
Head Office Address IIFL Securities vs Wisdom Capital - Head Office Address/Corporate Address IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
Info Not Available
Website IIFL Securities vs Wisdom Capital - Company Website https://www.indiainfoline.com/ Info Not Available
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Tips/Research/Reports Published

Compare IIFL Securities vs Wisdom Capital on Research Reports, Tips

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

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

Compare IIFL Securities vs Wisdom Capital on Demat Account

Compare IIFL Securities 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 IIFL Securities is ₹400 pa. Wisdom Capital is a better choice in terms of Demat AMC compare to IIFL Securities.

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 IIFL Securities is 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) 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 IIFL Securities with Wisdom Capital
  IIFL Securities Wisdom Capital
DP Source CDSL NSDL
DP ID IIFL Securities vs Wisdom Capital - DP ID 44700 No
Demat Account Annual Maintenance Charges(AMC) ₹400 pa Free (₹1000 Refundable deposit + ₹1000 one time charges)
Advance Deposit Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹12
Demat ₹15 per certificate + ₹40 courier charges ₹3 per certificate + ₹20 per DFR
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation ₹50 ₹50 per transaction
Pledge Creation Confirmation Nil Nil
Pledge Closure Nil ₹25 per transaction
Pledge Closure Confirmation Nil Nil
Pledge Invocation Nil ₹25 per transaction
Failed Instruction Charges Nil ₹20
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare IIFL Securities vs Wisdom Capital on Special Offers and Promotion

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

Compare IIFL Securities vs Wisdom Capital on Special Offers and Promotion
  IIFL Securities Wisdom Capital
Pay In and Pay Out Options IIFL Securities vs Wisdom Capital - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradeTerminal or TTWeb or Mobile App.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time IIFL Securities vs Wisdom Capital - Payout Time Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999. Info Not Available
Bank Supported and Charges IIFL Securities vs Wisdom Capital - Bank Supported and Charges Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms. Info Not Available
Bank Detail India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
Info Not Available
Likes
  • Hassle-free onboarding process at zero paperwork.
  • Zero Demat AMC for 1 year.
  • Lowest brokerage online trading at just Rs. 20/order
  • Free state-of-the-art mobile app, web, and desktop trading software.
  • Paperless mutual fund investment at zero brokerage.
  • Smart tools like order slicing, equitySIP, futures & options strategy builder, algo trading, advanced screeners, etc.
  • Comprehensive equity and mutual funds research.
  • Pre-IPO apply
  • Place bracket order (BO), cover order (CO), aftermarket order (AMO), and Valid Till Date (VTD) order.
  • Margin trading facility.
  • Blogs and knowledge center for beginners.

Detail Review...

Detail Review...

Dislikes
  • IIFL not being a part of any banking organization does not provide a 3-in-1 account opening facility to trade with ease and flexibility.
  • If you only invest in stocks (Delivery, CNC order) then Zerodha and Prostocks are the best brokers who offer free delivery trading.

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 IIFL Securities Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-14T04:42:55+00:00