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Sharekhan 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 Sharekhan Max 0.1 to 0.5% per trade while the brokerage of Wisdom Capital ranges between Rs 9. Sharekhan 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 Sharekhan is 6,65,129 where number of active customer for Wisdom Capital is 3,820. Sharekhan is serving more customer compare to Wisdom Capital.

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

  Sharekhan Compare
Sharekhan
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 6,65,129 3,820
Broker Overview Sharekhan is one of the oldest and the most popular full-service broker with the best platforms, powerful Trade Tiger terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated relation... Know more about Sharekhan 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 Sharekhan Request call back from Zerodha
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Account Opening Charges and AMC

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

Comparison of Sharekhan 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 - Sharekhan charges Rs 400 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 Sharekhan with Wisdom Capital
Charges Sharekhan Wisdom Capital
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Free for 1st year)) Rs 999 Life time AMC
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Sharekhan vs Wisdom Capital on Plan Options

Plans are the most important feature you look when compare Sharekhan with Wisdom Capital. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  Sharekhan Zerodha
Account Opening Request
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Brokerage Charges

Compare Sharekhan vs Wisdom Capital on Brokerage Charges

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

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 Sharekhan with Wisdom Capital
Brokerage Charges Compare Sharekhan Wisdom Capital
Plan Name Sharkehan Brokerage Plan Flat Fee Rs 9 Trading Plan (Pro Plan)
Equity Delivery 0.30% 0.05% or 5 paisa
Equity Intraday 0.02% 0.01% or 1 paisa
Equity Futures 0.02% Flat Fee Rs 9
Equity Options Rs 20 per lot Flat Fee Rs 9
Currency Futures 0.02% Flat Fee Rs 9
Currency Options Rs 5 per lot Flat Fee Rs 9
Commodity Trading Rs 20 per lot Flat Fee Rs 9
Minimum Brokerage Rs 20 NIL
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Free NA
Auto Square off Charges Free NA
Brokerage Calculator Brokerage Calculator for Sharekhan Brokerage Calculator for Wisdom Capital
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Share Broker's Transaction Charges

Compare Sharekhan vs Wisdom Capital on Transaction Charges

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

Transaction Charges - Compare Sharekhan with Wisdom Capital
Transaction Charges Compare Sharekhan 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 sharekhan Complete Brokerage Plans for wisdom-capital
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Account Features

Compare Sharekhan vs Wisdom Capital on Account Features

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

Account Features - Sharekhan with Wisdom Capital
Account Features Compare Sharekhan Wisdom Capital
3 in 1 Account No Sharekhan have 2-in-1 account. Only Demate and Trading account. No Sharekhan 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 Sharekhan vs Wisdom Capital on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Sharekhan 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 Sharekhan with Wisdom Capital
Trading Platform Compare Sharekhan Wisdom Capital
Desktop Trading Platform TradeTiger 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://www.sharekhan.com/ http://trade.wisdomcapital.in./
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Sharekhan TradeEye
Mobile Trading App Demo Sharekhan Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Sharekhan Download Andriod TradeEye Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Sharekhan 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 Sharekhan Equity Intraday and Delivery Brokerage Calculator for Wisdom Capital
Futures Brokerage Calculator Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for Wisdom Capital
Options Brokerage Calculator Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for Wisdom Capital
Detail Detail on Trading Platforms for sharekhan Detail on Trading Platforms for wisdom-capital

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Broker Ratings by Users

Compare Sharekhan vs Wisdom Capital on User Rating

  Sharekhan Wisdom Capital
  184 Customer Reviews    Rate Sharekhan 8 Customer Reviews    Rate Wisdom Capital
Fees Ratings 3.2 4.3
Trading Brokerage Rating 3.1 4.5
Trading Platform Usability 3.9 3.3
Customer Service Ratings 3.5 4.4
Overall Ratings 3.6 3.9
Broker Rating Sharekhan is Rated 3.6 / 5 based on 184 customer reviews Wisdom Capital is Rated 3.9 / 5 based on 8 customer reviews
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Investment Offerings

Compare Sharekhan vs Wisdom Capital on Investment Offerings

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

Investment Offerings - Compare Sharekhan with Wisdom Capital
Investment Offerings Compare Sharekhan Wisdom Capital
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No 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 No No
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare Sharekhan vs Wisdom Capital on Order Types

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

Order Types - Compare Sharekhan with Wisdom Capital
Order Type Compare Sharekhan 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 Sharekhan vs Wisdom Capital on Customer Service

Compare Sharekhan 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 Sharekhan with Wisdom Capital
Customer Service Compare Sharekhan Wisdom Capital
24/7 Customer Service Sharekhan vs Wisdom Capital - 24x7 customer support No No
Email Support Sharekhan vs Wisdom Capital - Email Support Yes Yes
Onine Live Chat Sharekhan vs Wisdom Capital - Onine Live Chat Yes Yes
Phone Support Sharekhan vs Wisdom Capital - Phone Support Yes Yes
Toll Free Number Sharekhan vs Wisdom Capital - Toll Free Number Yes No
Through Branches Sharekhan vs Wisdom Capital - Through Branches Yes No
Customer Care Number Sharekhan vs Wisdom Capital - Customer Care Number 1800227500 Info Not Available
Account Opening Process Sharekhan vs Wisdom Capital - Account Opening Process Offline Info Not Available
Customer Support Email Sharekhan vs Wisdom Capital - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Sharekhan vs Wisdom Capital - Knowledge Center/Education https://www.sharekhan.com/help/hello Info Not Available
Head Office Address Sharekhan vs Wisdom Capital - Head Office Address/Corporate Address Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH- 400042
Info Not Available
Website Sharekhan vs Wisdom Capital - Company Website https://www.sharekhan.com Info Not Available
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Tips/Research/Reports Published

Compare Sharekhan vs Wisdom Capital on Research Reports, Tips

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

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

Compare Sharekhan vs Wisdom Capital on Demat Account

Compare Sharekhan 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 Sharekhan is ₹500 pa. Wisdom Capital is a better choice in terms of Demat AMC compare to Sharekhan.

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 Sharekhan is 0.03% (Min ₹30) + ₹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 Sharekhan with Wisdom Capital
  Sharekhan Wisdom Capital
DP Source CDSL NSDL
DP ID Sharekhan vs Wisdom Capital - DP ID 36000 No
Demat Account Annual Maintenance Charges(AMC) ₹500 pa Free (₹1000 Refundable deposit + ₹1000 one time charges)
Advance Deposit Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)
Statutory charges Actual Stamp Paper Charges Nil
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹12
Demat ₹5 per certificate (Min 50 per request) ₹3 per certificate + ₹20 per DFR
Remat ₹50 per certificate or ₹50 for every hundred securities ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation 0.03% (Min ₹100) ₹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 Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request
Nil
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Special Offers,Advantages,Disadvantages

Compare Sharekhan vs Wisdom Capital on Special Offers and Promotion

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

Compare Sharekhan vs Wisdom Capital on Special Offers and Promotion
  Sharekhan Wisdom Capital
Pay In and Pay Out Options Sharekhan 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 RelianceSmartMoney platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Sharekhan vs Wisdom Capital - Payout Time Max 24 hrs except bank holidays Info Not Available
Bank Supported and Charges Sharekhan vs Wisdom Capital - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Info Not Available
Likes
  • Free account opening facility at zero fees.
  • Multiple brokerage plans for traders and investors.
  • In-house easy-to-use modern-technology web, app, and terminal-based trading platforms.
  • Free mutual fund investment at Rs. 0 brokerage.
  • Sharekhan NEO, a mutual fund Robo-advisory platform.
  • Intraday trading tips, recommendations, and stock market research & advisory
  • Invest in the basket of stocks (portfolio) and get timely recommendations.
  • Margin trading facility, portfolio management services, and loan against securities.
  • Free call and trade facility to customers.
  • Place bracket order, basket order, aftermarket order, and Good Till Date (GTD) order.
  • Free learning resources (Sharekhan classroom, articles & blogs) for stock market education.
  • A dedicated team of 7500+ relationship managers.

Detail Review...

Detail Review...

Dislikes
  • It doesn’t allow opening a 3-in-1 account.
  • High brokerage charge is the biggest drawback to trading with Sharekhan.
  • Does not offer Direct mutual fund.
  • 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 Sharekhan Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-03-04T07:37:57+00:00