Compare 3 Brokers

Kotak Securities Vs Wisdom Capital: Which one is better?

The brokerage of Kotak Securities Max .049 to .49% per trade while the brokerage of Wisdom Capital ranges between Rs 9. Kotak 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.

Here we present side-by-side comparison of Kotak 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 Kotak 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.

Compare Kotak Securities vs Wisdom Capital on Service

  Kotak Securities Compare
Kotak 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-SX, MCX, NCDEX BSE, NSE, MCX, NCDEX
Broker Overview Kotak Securities Limited is a leading brokerage, distribution and financial services company. Its major business comes from stock brokerage service for investors and traders. 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 Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Wisdom Capital. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

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

In this section we have compared Kotak Securities with Wisdom Capital on trading & demat account opening charges and AMC. Trading account opening charges - Wisdom Capital offer Free account opening where Kotak Securities charges Rs 750 for account opeing. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where Wisdom Capital charges Rs 999 Life time AMC AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities with Wisdom Capital
Charges Kotak Securities Wisdom Capital
Trading Account Opening Fees Rs 750 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Rs 999 Life time AMC
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs Wisdom Capital on Plan Options

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

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

Account Opening

  Kotak Securities Wisdom Capital
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs Wisdom Capital on Brokerage Charges

Kotak Securities Brokerage Plan detail - This plan suits newbies as the brokerage is fixed irrespective of the volume of trade. Call & Trade facility is free for first 20 calls. From the 21st call, Rs 20 per call is charged. Not suited for Option Trading as brokerage is really high for it.

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 Kotak Securities with Wisdom Capital
Brokerage Charges Compare Kotak Securities Wisdom Capital
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Flat Fee Rs 9 Trading Plan (Pro Plan)
Equity Delivery 0.49% or 49 paisa 0.05% or 5 paisa
Equity Intraday 0.049% or 5 paisa 0.01% or 1 paisa
Equity Futures 0.049% or 5 paisa Flat Fee Rs 9
Equity Options Rs 300 Per Lot Flat Fee Rs 9
Currency Futures .02% or Rs. 10 per lot whichever is higher Flat Fee Rs 9
Currency Options Rs 10 Per Lot Flat Fee Rs 9
Commodity Trading NA Flat Fee Rs 9
Minimum Brokerage Rs 21 per executed order NIL
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges 20 calls Free and after that Rs 20 per call Info Not Available
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Wisdom Capital
SPAN Margin Calculator SPAN Margin Calculator for Kotak Securities SPAN Margin Calculator for Wisdom Capital
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Share Broker's Transaction Charges

Compare Kotak Securities vs Wisdom Capital on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with Wisdom Capital
Transaction Charges Compare Kotak Securities Wisdom Capital
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 340 Per Cr
Equity Options Rs 5000 Per Cr Rs 5500 Per Cr
Currency Futures Rs 110 Per Cr Rs 135 Per Cr
Currency Options Rs 4000 Per Cr Rs 5200 Per Cr
Commodity NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for wisdom-capital
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Account Features

Compare Kotak Securities vs Wisdom Capital on Account Features

Compare Kotak Securities with Wisdom Capital on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak 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 Kotak Securities doesn't offers Algo Trading. Margin Funding - both brokers dont have margin funing facility. NRI Trading - Kotak Securities offers NRI where Wisdom Capital doesn't offers NRI Trading.

Account Features - Kotak Securities with Wisdom Capital
Account Features Compare Kotak Securities Wisdom Capital
3 in 1 Account Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No Kotak 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: Keat Pro X NIL
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Trading Platform

Compare Kotak Securities vs Wisdom Capital on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and Wisdom Capital. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare Kotak Securities with Wisdom Capital
Trading Platform Compare Kotak Securities Wisdom Capital
Desktop Trading Platform KEAT Pro X 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.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat http://trade.wisdomcapital.in./
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Kotak Stock Trader TradeEye
Mobile Trading App Demo Kotak Stock Trader Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Kotak Stock Trader Download Andriod TradeEye Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Stock Trader Download Info Not Available
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Yes, DirectTrade - Rs 2999 PA Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Wisdom Capital
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Wisdom Capital
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Wisdom Capital
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for wisdom-capital

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Broker Ratings by Users

Compare Kotak Securities vs Wisdom Capital on User Rating

  Kotak Securities Wisdom Capital
  79 Customer Reviews    Rate Kotak Securities 7 Customer Reviews    Rate Wisdom Capital
Fees Ratings 2.6 4.3
Trading Brokerage Rating 2.7 4.4
Trading Platform Usability 3.2 3.1
Customer Service Ratings 3.1 4.3
Overall Ratings Rated 2.8 stars Rated 3.9 stars
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 79 customer reviews Wisdom Capital is Rated 3.9 / 5 based on 7 customer reviews
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Investment Offerings

Compare Kotak Securities vs Wisdom Capital on Investment Offerings

Compare Kotak 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 brokers 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 Kotak Securities doesn't offer. Online Mutual Fund Investment - Kotak 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 Kotak Securities with Wisdom Capital
Investment Offerings Compare Kotak 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 Yes No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Kotak Securities vs Wisdom Capital on Order Types

Order Type - Compare Kotak Securities with Wisdom Capital on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Kotak 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) - Kotak 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 facility. The orders are send to exchange on the next trading day. GTC Orders- Kotak Securities offers Good Till Cancelled (GTC) orders where Wisdom Capital doesn't support Good Till Cancelled (GTC) orders.

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

Compare Kotak Securities vs Wisdom Capital on Margin/Leverage

Comapre Kotak Securities with Wisdom Capital on Exposure/Margin offered by 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 Kotak Securities with Wisdom Capital
Margin Product Compare Kotak Securities Wisdom Capital
Equity Delivery Margin Kotak Securities vs Wisdom Capital - Equity Delivery Margin Upto 5x via Margin Funding. Info Not Available
Equity Intraday Margin Kotak Securities vs Wisdom Capital - Equity Intraday Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Info Not Available
Futures Margin Kotak Securities vs Wisdom Capital - Futures Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Info Not Available
Options Margin Kotak Securities vs Wisdom Capital - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Info Not Available
Equity CO Margin Kotak Securities vs Wisdom Capital - Equity CO Margin Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple. Info Not Available
Futures CO Margin Kotak Securities vs Wisdom Capital - Futures CO Margin Upto 50x margin/leverage in CO via Super Multiple. Info Not Available
Options CO Margin Kotak Securities vs Wisdom Capital - Options CO Margin Info Not Available Info Not Available
Commodity Margin Kotak Securities vs Wisdom Capital - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare Kotak Securities vs Wisdom Capital on Customer Service

Compare Kotak Securities with Wisdom Capital on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Kotak Securities with Wisdom Capital
Customer Service Compare Kotak Securities Wisdom Capital
24/7 Customer Service Kotak Securities vs Wisdom Capital - 24x7 customer support No No
Email Support Kotak Securities vs Wisdom Capital - Email Support Yes Yes
Onine Live Chat Kotak Securities vs Wisdom Capital - Onine Live Chat Yes Yes
Phone Support Kotak Securities vs Wisdom Capital - Phone Support Yes Yes
Toll Free Number Kotak Securities vs Wisdom Capital - Toll Free Number Yes No
Through Branches Kotak Securities vs Wisdom Capital - Through Branches Yes No
Customer Care Number Kotak Securities vs Wisdom Capital - Customer Care Number 18002099191/1800222299/18002099292 Info Not Available
Account Opening Process Kotak Securities vs Wisdom Capital - Account Opening Process Offline Info Not Available
Customer Support Email Kotak Securities vs Wisdom Capital - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Kotak Securities vs Wisdom Capital - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs Info Not Available
Head Office Address Kotak Securities vs Wisdom Capital - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Info Not Available
Website Kotak Securities vs Wisdom Capital - Company Website https://www.kotaksecurities.com Info Not Available
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Tips/Research/Reports Published

Compare Kotak Securities vs Wisdom Capital on Research Reports, Tips

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

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

Compare Kotak Securities vs Wisdom Capital on Demat Account

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

Demat Charges - Compare Kotak Securities with Wisdom Capital
  Kotak Securities Wisdom Capital
DP Source CDSL
DP ID Kotak Securities vs Wisdom Capital - DP ID 49200 No
Demat Account Annual Maintenance Charges(AMC) Individual (Resident)-RESIDENT -Rs. 65 pm for upto 10 debit transactions. Rs.50 pm for 11 to 30 debit transactions. Rs. 35 pm for more than 30 debit transactions. (Plus applicable taxes) NRI-Rs.75/- pm Corporate (Resident)-Rs 100/- pm Corporate (NRI)-Rs.125/-pm AMC Charges for BSDA Account Rs. 100/- per annum (if DP value is more than Rs. 50,000/- and less than 2 lacs) Zero (if DP value is less than Rs. 50,000/-)
Advance Deposit NA
Statutory charges NA
Transaction Charges on Debit (Per ISIN) Individual: For Regular ( Non BSDA Accounts ) On Market /Off Market 0.04% of the value of securities or Minimum Rs. 27(Plus CDSL charges as applicable + applicable taxes). For BSDA Accounts On Market /Off Market 0.06% of the value of securities or Minimum Rs. 44.50 (Plus CDSL charges as applicable + applicable taxes) Corporate :- On Market /Off Market 0.04% of the value of securities or Minimum Rs. 27(Plus CDSL charges as applicable + applicable taxes).
Demat Individual Rs.3/- per certificate plus Rs. 50/- per request Corporate:- Rs.3/- per certificate plus RS. 50/- per request.
Remat Individual Rs.10/- for 100 shares. Minimum Payable Rs. 15/- Corporate Rs.10/- for 100 shares Minimum Payable Rs. 15/-
Pledge Creation Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/-
Pledge Creation Confirmation Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/-
Pledge Closure Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/-
Pledge Closure Confirmation Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/-
Pledge Invocation Individual 0.04% of the value of securities Minimum Rs 30/- Corporate 0.04% of the value of securities Minimum Rs 30/-
Failed Instruction Charges Nil
Other Charges Nil

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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Wisdom Capital on Special Offers and Promotion

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

Compare Kotak Securities vs Wisdom Capital on Special Offers and Promotion
  Kotak Securities Wisdom Capital
Pay In and Pay Out Options Kotak Securities vs Wisdom Capital - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank).
Pay-out/Fund Withdrawal - Bank Transfer only.
Info Not Available
Payout Time Kotak Securities vs Wisdom Capital - Payout Time Upto 24 Hrs except Bank Holidays. Instance fund transfer with Kotak Mahindra Bank. Info Not Available
Bank Supported and Charges Kotak Securities vs Wisdom Capital - Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Info Not Available
Bank Detail Direct from your Kotak Mahindra bank account. Info Not Available
Likes
  • 3 in 1 Account.
  • News and market updates, portfolio tracker, Research Reports, SMS Alerts.
  • Robust trading software KEAT Pro.
  • After Market Orders (AMO), good till cancel order (GTC) and Buy Now Sell Tomorrow.

Detail Review...

Lowest transaction fee in the industry; fastest in account opening time; first ones to introduce lifetime plan; no minimum brokerage.

Detail Review...

Dislikes
  • Doesn't support commodity trading.
  • Hidden charges.
  • Minimum Brokerage charges.

Detail Review...

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

Detail Review...

Special Offers/Promo Get Kotak Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Enquire about Kotak Securities Enquire about Wisdom Capital

Last Updated on 2019-07-09T00:00:54+00:00







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