Compare 3 Brokers

Wisdom Capital Vs IIFL Securities: Which one is better?

The brokerage of Wisdom Capital Max Rs 9 per trade while the brokerage of IIFL Securities ranges between .025 to .25%. Wisdom Capital is a Discount Broker where IIFL Securities is a Full Service Broker. Overall rating for both the brokers are equal with rating 4 out of 5.

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

  Wisdom Capital Compare
Wisdom Capital
IIFL Securities Compare
IIFL Securities
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 NSE, BSE, MCX, NCDEX
Active Clients 3,24,853 7,708
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 IIFL Securities is one of the best brokers in terms of its Z20 flat discount brokerage plan, IIFL Markets Mobile app, best research & advisory, complete investment solution, and personalized Portfolio Management Service.
Broker Enquiry Open an Online Trading Account with Wisdom Capital. Leave your contact info and we will get in touch with you. Open an Online Trading Account with IIFL Securities. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

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

Comparison of Wisdom Capital with IIFL Securities on trading & demat account opening charges and AMC. Trading account opening charges - Wisdom Capital offer Free account opening where IIFL Securities charges Rs 250 (Rs 0, Promotion offer) for account opening. Demat AMC charges - Wisdom Capital charges Rs 999 Life time AMC AMC for Demat account where IIFL Securities charges Rs 450 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Wisdom Capital with IIFL Securities
Charges Wisdom Capital IIFL Securities
Trading Account Opening Fees Free Rs 250 (Rs 0, Promotion offer)
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 999 Life time AMC Rs 450 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Wisdom Capital vs IIFL Securities on Plan Options

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

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

Account Opening

  Wisdom Capital IIFL Securities
Account Opening Request
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Brokerage Charges

Compare Wisdom Capital vs IIFL Securities 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.

IIFL Securities Brokerage Plan detail - IIFL Z20 flat discount brokerage plan offers Free delivery trading and charges a maximum of Rs. 20 per order brokerage across segments.

Brokerage Charges - Compare Wisdom Capital with IIFL Securities
Brokerage Charges Compare Wisdom Capital IIFL Securities
Plan Name Flat Fee Rs 9 Trading Plan (Pro Plan) IIFL Z20 Brokerage Plan
Equity Delivery 0.05% or 5 paisa Free
Equity Intraday 0.01% or 1 paisa Rs. 20/- per executed order or 0.05% whichever is
Equity Futures Flat Fee Rs 9 Rs. 20/- per executed order or 0.05% whichever is
Equity Options Flat Fee Rs 9 Flat Rs 20 per executed order
Currency Futures Flat Fee Rs 9 Rs. 20/- per executed order or 0.05% whichever is
Currency Options Flat Fee Rs 9 Rs. 20/- per executed order or 0.05% whichever is
Commodity Trading Flat Fee Rs 9 Rs. 20/- per executed order or 0.05% whichever is
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges Info Not Available Rs 50 Per Call + GST
Brokerage Calculator Brokerage Calculator for Wisdom Capital Brokerage Calculator for IIFL Securities
SPAN Margin Calculator SPAN Margin Calculator for Wisdom Capital SPAN Margin Calculator for IIFL Securities
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Share Broker's Transaction Charges

Compare Wisdom Capital vs IIFL Securities on Transaction Charges

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

Transaction Charges - Compare Wisdom Capital with IIFL Securities
Transaction Charges Compare Wisdom Capital IIFL Securities
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 340 Per Cr Rs 190 Per Cr
Equity Options Rs 5500 Per Cr Rs 5000 Per Cr
Currency Futures Rs 135 Per Cr Rs 110 Per Cr
Currency Options Rs 5200 Per Cr Rs 4000 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 iifl-securities
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Account Features

Compare Wisdom Capital vs IIFL Securities on Account Features

Compare Wisdom Capital with IIFL Securities 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 - Wisdom Capital with IIFL Securities
Account Features Compare Wisdom Capital IIFL Securities
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 No
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 Yes
Other Features NIL NIL
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Trading Platform

Compare Wisdom Capital vs IIFL Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Wisdom Capital and IIFL Securities. 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 IIFL Securities
Trading Platform Compare Wisdom Capital IIFL Securities
Desktop Trading Platform NEST Trader & NSE NOW IIFL Trader terminal
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://ttweb.indiainfoline.com
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App TradeEye IIFL Markets
Mobile Trading App Demo Info Not Available IIFL Markets Demo
Android Mobile App Yes Yes
Android App Download Andriod TradeEye Download Andriod IIFL Markets Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download Info Not Available iOS IIFL Markets 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 IIFL Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Wisdom Capital Futures Brokerage Calculator for IIFL Securities
Options Brokerage Calculator Options Brokerage Calculator for Wisdom Capital Options Brokerage Calculator for IIFL Securities
Detail Detail on Trading Platforms for wisdom-capital Detail on Trading Platforms for iifl-securities
Zerodha Online Branch Offices
Upstox Online Branch Offices
5paisa Online Branch Offices
Angel Broking Online Branch Offices

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Broker Ratings by Users

Compare Wisdom Capital vs IIFL Securities on User Rating

  Wisdom Capital IIFL Securities
  8 Customer Reviews    Rate Wisdom Capital 81 Customer Reviews    Rate IIFL Securities
Fees Ratings 4.3 3.1
Trading Brokerage Rating 4.5 2.9
Trading Platform Usability 3.3 3.4
Customer Service Ratings 4.4 2.9
Overall Ratings Rated 3.9 stars Rated 2.8 stars
Broker Rating Wisdom Capital is Rated 3.9 / 5 based on 8 customer reviews IIFL Securities is Rated 2.8 / 5 based on 81 customer reviews
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Investment Offerings

Compare Wisdom Capital vs IIFL Securities on Investment Offerings

Compare Wisdom Capital with IIFL Securities 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 provides PMS Service where Wisdom Capital doesn't offer

Investment Offerings - Compare Wisdom Capital with IIFL Securities
Investment Offerings Compare Wisdom Capital IIFL Securities
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 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 NIL
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Order Types

Compare Wisdom Capital vs IIFL Securities on Order Types

Order Type - Compare Wisdom Capital with IIFL Securities 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 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) - 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 Wisdom Capital with IIFL Securities
Order Type Compare Wisdom Capital IIFL Securities
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No Yes
Bracket order No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No Yes
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Margin/Leverage

Compare Wisdom Capital vs IIFL Securities on Margin/Leverage

Compare Wisdom Capital with IIFL Securities on Exposure/Margin offered by the broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare Wisdom Capital with IIFL Securities
Margin Product Compare Wisdom Capital IIFL Securities
Equity Delivery Margin Wisdom Capital vs IIFL Securities - Equity Delivery Margin Info Not Available Upto 5x
Equity Intraday Margin Wisdom Capital vs IIFL Securities - Equity Intraday Margin Up to 10x or 10% subject to Var and ELM. Up to 20x on MIS, Bracket order, (BO) and cover order (CO)
Futures Margin Wisdom Capital vs IIFL Securities - Futures Margin 1x means actual SPAN + Exposure. Intraday: Upto 4x| BO/CO: 25% of Exchange margin + SL Margin
Options Margin Wisdom Capital vs IIFL Securities - Options Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. Stock options: 2x (sell), 1x (Buy)| Index Options Buy: 3x (intraday)| BO/CO: 25% of Exchange margin + SL Margin| Index options sell: 4x (intraday)| BO/CO: 25% of Exchange margin + SL Margin
Equity CO Margin Wisdom Capital vs IIFL Securities - Equity CO Margin Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order. Up to 20x
Futures CO Margin Wisdom Capital vs IIFL Securities - Futures CO Margin 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order. 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.
Options CO Margin Wisdom Capital vs IIFL Securities - Options CO Margin 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order. 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.
Commodity Margin Wisdom Capital vs IIFL Securities - Commodity Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
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Customer Service Offered

Compare Wisdom Capital vs IIFL Securities on Customer Service

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

Compare Wisdom Capital vs IIFL Securities on Research Reports, Tips

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

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

Compare Wisdom Capital vs IIFL Securities on Demat Account

Compare Wisdom Capital with IIFL Securities on Demat Service and Charges. This section covers about demat charges, demat service and other details

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

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Special Offers,Advantages,Disadvantages

Compare Wisdom Capital vs IIFL Securities on Special Offers and Promotion

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

Compare Wisdom Capital vs IIFL Securities on Special Offers and Promotion
  Wisdom Capital IIFL Securities
Pay In and Pay Out Options Wisdom Capital vs IIFL Securities - Pay In and Pay Out Options Info Not Available 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
Payout Time Wisdom Capital vs IIFL Securities - Payout Time Info Not Available Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999.
Bank Supported and Charges Wisdom Capital vs IIFL Securities - Bank Supported and Charges Info Not Available Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms.
Bank Detail Info Not Available India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
Likes Lowest transaction fee in the industry; fastest in account opening time; first ones to introduce lifetime plan; no minimum brokerage.

Detail Review...

Detail Review...

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

Detail Review...

  • High call & trade charges of Rs. 50 per order.
  • Unavailability of the IIFL 3-in-1 account.
  • High IIFL Securities Account Opening Charge than other brokers.

Detail Review...

Special Offers/Promo Open IIFL Demat & Trading Account Free - Zero A/c Opening Charge & 1st year AMC waived off.
Enquiry Enquire about Wisdom Capital Enquire about IIFL Securities

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


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