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SBICAP Securities Vs Wisdom Capital: Which one is better?

Both the brokers are registered with SEBI. SBICAP Securities offers investmenet in Equity, F&O and Currency only, where Wisdom Capital offers investment in Equity, F&O, Currency and Commodities.. The brokerage of SBICAP Securities Max .05 to 0.50% per trade while the brokerage of Wisdom Capital ranges between Rs 9. SBICAP 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 SBICAP Securities is 8,55,994 where number of active customer for Wisdom Capital is 3,820. SBICAP Securities is serving more customer compare to Wisdom Capital.

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

  SBICAP Securities Compare
SBICAP 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? NSE, BSE BSE, NSE, MCX, NCDEX
Active Clients 8,55,994 3,820
Broker Overview Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ... Know more about SBICAP 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 Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

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

Comparison of SBICAP Securities with Wisdom Capital on trading & demat account opening charges and AMC. Trading account opening charges - Wisdom Capital offer Free account opening where SBICAP Securities charges Rs 850 for account opening. Demat AMC charges - SBICAP Securities charges Rs 500 PA AMC for Demat account where Wisdom Capital charges Rs 999 Life time AMC AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SBICAP Securities with Wisdom Capital
Charges SBICAP Securities Wisdom Capital
Trading Account Opening Fees Rs 850 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 500 PA Rs 999 Life time AMC
Provide DP Service Yes Yes
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About Brokerage Plans

Compare SBICAP Securities vs Wisdom Capital on Plan Options

Plans are the most important feature you look when compare SBICAP 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 SBICAP Securities doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare SBICAP Securities with Wisdom Capital on Plan Options
Plan Types SBICAP Securities Wisdom Capital
Multiple Plans No Yes
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 SBICAP Securities vs Wisdom Capital on Brokerage Charges

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

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 SBICAP Securities with Wisdom Capital
Brokerage Charges Compare SBICAP Securities Wisdom Capital
Plan Name Standard or default brokerage plan Flat Fee Rs 9 Trading Plan (Pro Plan)
Equity Delivery 0.50% 0.05% or 5 paisa
Equity Intraday 0.05% 0.01% or 1 paisa
Equity Futures 0.05% Flat Fee Rs 9
Equity Options Rs 100 Per Lot Flat Fee Rs 9
Currency Futures 0.03% Flat Fee Rs 9
Currency Options Rs 30 Per Lot Flat Fee Rs 9
Commodity Trading Rs. 100 per lot Flat Fee Rs 9
Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future NIL
Hidden Charges Info Not Available Info Not Available
Funding Yes - 24% interest PA Info Not Available
Call & Trade Charges Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. NA
Auto Square off Charges First Free 30 per month, after Rs 10 per square-off NA
Brokerage Calculator Brokerage Calculator for SBICAP Securities Brokerage Calculator for Wisdom Capital
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Share Broker's Transaction Charges

Compare SBICAP Securities vs Wisdom Capital on Transaction Charges

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

Transaction Charges - Compare SBICAP Securities with Wisdom Capital
Transaction Charges Compare SBICAP 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 NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for sbicap-securities Complete Brokerage Plans for wisdom-capital
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Account Features

Compare SBICAP Securities vs Wisdom Capital on Account Features

Compare SBICAP Securities with Wisdom Capital on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - SBICAP Securities offers 3-in-1 account where Wisdom Capital offers only 2-in-1 account which includes trading and demat account. Algo Trading - Wisdom Capital offers Algo Trading where SBICAP Securities doesn't offers Algo Trading. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - SBICAP Securities offers NRI where Wisdom Capital doesn't offers NRI Trading.

Account Features - SBICAP Securities with Wisdom Capital
Account Features Compare SBICAP Securities Wisdom Capital
3 in 1 Account Yes, SBICAP Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No SBICAP 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 No No
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features Trading software terminal: ODIN Diet NIL
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Trading Platform

Compare SBICAP Securities vs Wisdom Capital on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SBICAP 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 SBICAP Securities with Wisdom Capital
Trading Platform Compare SBICAP Securities Wisdom Capital
Desktop Trading Platform SBISMART XPRESS - NextTrader 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://login1.sbismart.com/nidp/app/login http://trade.wisdomcapital.in./
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App SBISMART TradeEye
Mobile Trading App Demo SBISMART Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod SBISMART Download Andriod TradeEye Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS SBISMART 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 SBICAP Securities Equity Intraday and Delivery Brokerage Calculator for Wisdom Capital
Futures Brokerage Calculator Futures Brokerage Calculator for SBICAP Securities Futures Brokerage Calculator for Wisdom Capital
Options Brokerage Calculator Options Brokerage Calculator for SBICAP Securities Options Brokerage Calculator for Wisdom Capital
Detail Detail on Trading Platforms for sbicap-securities Detail on Trading Platforms for wisdom-capital

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Broker Ratings by Users

Compare SBICAP Securities vs Wisdom Capital on User Rating

  SBICAP Securities Wisdom Capital
  78 Customer Reviews    Rate SBICAP Securities 8 Customer Reviews    Rate Wisdom Capital
Fees Ratings 3.3 4.3
Trading Brokerage Rating 3.1 4.5
Trading Platform Usability 2.8 3.3
Customer Service Ratings 2.7 4.4
Overall Ratings 2.7 3.9
Broker Rating SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews Wisdom Capital is Rated 3.9 / 5 based on 8 customer reviews
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Investment Offerings

Compare SBICAP Securities vs Wisdom Capital on Investment Offerings

Compare SBICAP 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 - Wisdom Capital offers trading options in Commodity (MCX) where SBICAP Securities doesn't offer. Online Mutual Fund Investment - SBICAP Securities 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 SBICAP Securities with Wisdom Capital
Investment Offerings Compare SBICAP Securities Wisdom Capital
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application Yes No
Mutual Funds Yes No
Bond / NCD Yes No
ETF Yes Yes
Banking Yes No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare SBICAP Securities vs Wisdom Capital on Order Types

Order Type - Compare SBICAP 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) - SBICAP 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) - SBICAP Securities 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- SBICAP Securities offers Good Till Cancelled (GTC) orders where Wisdom Capital doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare SBICAP Securities with Wisdom Capital
Order Type Compare SBICAP Securities 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
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Customer Service Offered

Compare SBICAP Securities vs Wisdom Capital on Customer Service

Compare SBICAP 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 SBICAP Securities with Wisdom Capital
Customer Service Compare SBICAP Securities Wisdom Capital
24/7 Customer Service SBICAP Securities vs Wisdom Capital - 24x7 customer support No No
Email Support SBICAP Securities vs Wisdom Capital - Email Support Yes Yes
Onine Live Chat SBICAP Securities vs Wisdom Capital - Onine Live Chat No Yes
Phone Support SBICAP Securities vs Wisdom Capital - Phone Support Yes Yes
Toll Free Number SBICAP Securities vs Wisdom Capital - Toll Free Number Yes No
Through Branches SBICAP Securities vs Wisdom Capital - Through Branches Yes No
Customer Care Number SBICAP Securities vs Wisdom Capital - Customer Care Number 022 6854 5555 Info Not Available
Account Opening Process SBICAP Securities vs Wisdom Capital - Account Opening Process Offline Info Not Available
Customer Support Email SBICAP Securities vs Wisdom Capital - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education SBICAP Securities vs Wisdom Capital - Knowledge Center/Education https://www.sbismart.com/education Info Not Available
Head Office Address SBICAP Securities vs Wisdom Capital - Head Office Address/Corporate Address SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Info Not Available
Website SBICAP Securities vs Wisdom Capital - Company Website https://www.sbismart.com Info Not Available
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Tips/Research/Reports Published

Compare SBICAP Securities vs Wisdom Capital on Research Reports, Tips

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

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

Compare SBICAP Securities vs Wisdom Capital on Demat Account

Compare SBICAP 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 SBICAP Securities is ₹500. Wisdom Capital is a better choice in terms of Demat AMC compare to SBICAP 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 SBICAP Securities is 0.01% of the transaction value (Min ₹21 and Max ₹300) 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 SBICAP Securities with Wisdom Capital
  SBICAP Securities Wisdom Capital
DP Source CDSL NSDL
DP ID SBICAP Securities vs Wisdom Capital - DP ID 19300 No
Demat Account Annual Maintenance Charges(AMC) ₹500 Free (₹1000 Refundable deposit + ₹1000 one time charges)
Advance Deposit 0 for all
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.01% of the transaction value (Min ₹21 and Max ₹300) ₹12
Demat ₹5 per certificate + ₹35 courier charges ₹3 per certificate + ₹20 per DFR
Remat ₹35 per certificate + CDSL Charges ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹50 per transaction
Pledge Creation Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Closure 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹25 per transaction
Pledge Closure Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Invocation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹25 per transaction
Failed Instruction Charges ₹10 ₹20
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare SBICAP Securities vs Wisdom Capital on Special Offers and Promotion

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

Compare SBICAP Securities vs Wisdom Capital on Special Offers and Promotion
  SBICAP Securities Wisdom Capital
Pay In and Pay Out Options SBICAP Securities vs Wisdom Capital - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time SBICAP Securities vs Wisdom Capital - Payout Time Upto 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges SBICAP Securities vs Wisdom Capital - Bank Supported and Charges Direct to SBI Bank. Info Not Available
Bank Detail Direct to SBI bank account Info Not Available
Likes
  • Trade on BSE, NSE, and MCX.
  • Instant paperless 3-in-1 account opening with SBI Bank.
  • Free web and app-based trading platforms.
  • Invest in IPO, mutual funds, insurance, and get loans.
  • Place upto 5 IPO applications from a single bank account.
  • Comprehensive fundamental and technical research services across asset classes.
  • Free trading tips and recommendations.
  • Educative blogs, and videos as a learning source.
  • Margin trading services.
  • Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Date (GTD) order.

Detail Review...

Detail Review...

Dislikes
  • It charges high brokerage than other brokers like Zerodha, Upstox, etc.
  • It does not provide any desktop trading software for pro traders.
  • The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged.
  • It doesn’t have any fixed/flat discount brokerage plan.
  • Customers are not satisfied with the SBI Securities services.

Detail Review...

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

Detail Review...

Special Offers/Promo
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Last Updated on 2023-09-13T02:35:55+00:00