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Religare Broking 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 Religare Broking Max 0.05 to 0.50% per trade while the brokerage of Wisdom Capital ranges between Rs 9. Religare Broking is a Full Service Broker where Wisdom Capital is a Discount Broker. Religare Broking is having overall lower rating compare to Wisdom Capital. Religare Broking is rated only 3.5 out of 5 where Wisdom Capital is rated 4 out of 5. Number of active customer for Religare Broking is 1,43,944 where number of active customer for Wisdom Capital is 3,820. Religare Broking is serving more customer compare to Wisdom Capital.

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

  Religare Broking Compare
Religare Broking
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, MCX BSE, NSE, MCX, NCDEX
Active Clients 1,43,944 3,820
Broker Overview Open free Religare Demat & Trading Account, and trade via user-friendly platforms; Dynami App and Religare Online website. Also invest in the SmartInvest portfolio management services, US stocks, and get experts trading tips, investment ideas, an... Know more about Religare Broking 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 Religare Broking vs Wisdom Capital on Trading & Demat Account Opening Charges

Comparison of Religare Broking with Wisdom Capital on trading & demat account opening charges and AMC. Trading account opening charges - Wisdom Capital offer Free account opening where Religare Broking charges Rs 500 for account opening. Demat AMC charges - Religare Broking charges Rs 400 PA [Free for first year] AMC for Demat account where Wisdom Capital charges Rs 999 Life time AMC AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Religare Broking with Wisdom Capital
Charges Religare Broking Wisdom Capital
Trading Account Opening Fees Rs 500 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA [Free for first year] Rs 999 Life time AMC
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Religare Broking vs Wisdom Capital on Plan Options

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

Compare Religare Broking with Wisdom Capital on Plan Options
Plan Types Religare Broking 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 Religare Broking vs Wisdom Capital on Brokerage Charges

Religare Broking Brokerage Plan detail - Religare One is a standard brokerage plan that charges a fixed percentage of brokerage from clients. The plan also provides a 3-month free subscription to the fair deal plan that charges Rs. 0 brokerages on non-profitable trades and options trading at just Rs. 5 per lot.

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 Religare Broking with Wisdom Capital
Brokerage Charges Compare Religare Broking Wisdom Capital
Plan Name Religare One Brokerage Plan (Percentage Based) Flat Fee Rs 9 Trading Plan (Pro Plan)
Equity Delivery 0.50% to 0.10% 0.05% or 5 paisa
Equity Intraday 0.05% to 0.01% 0.01% or 1 paisa
Equity Futures 0.05% or 5 paisa Flat Fee Rs 9
Equity Options Rs 70 Per Lot Flat Fee Rs 9
Currency Futures 0.05% or 5 paisa Flat Fee Rs 9
Currency Options Rs 30 Per Lot Flat Fee Rs 9
Commodity Trading Futures: 0.05%| Options: Rs 30 per lot Flat Fee Rs 9
Minimum Brokerage 1p per share NIL
Hidden Charges Yes Info Not Available
Funding Yes - 21% interest PA Info Not Available
Call & Trade Charges Rs 10 per order, Max rs 50 per segment per day NA
Auto Square off Charges Rs 10 per order, Max rs 50 per segment per day NA
Brokerage Calculator Brokerage Calculator for Religare Broking Brokerage Calculator for Wisdom Capital
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Share Broker's Transaction Charges

Compare Religare Broking vs Wisdom Capital on Transaction Charges

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

Transaction Charges - Compare Religare Broking with Wisdom Capital
Transaction Charges Compare Religare Broking 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 religare-broking Complete Brokerage Plans for wisdom-capital
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Account Features

Compare Religare Broking vs Wisdom Capital on Account Features

Compare Religare Broking 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 Religare Broking doesn't offers Algo Trading. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - Religare Broking offers NRI where Wisdom Capital doesn't offers NRI Trading.

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

With our expert research team, we have compared all the major features of Trading platform b/w Religare Broking 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 Religare Broking with Wisdom Capital
Trading Platform Compare Religare Broking Wisdom Capital
Desktop Trading Platform OdinDiet and Power FnO 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://secure.religareonline.com/Login.aspx http://trade.wisdomcapital.in./
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Religare Dynami TradeEye
Mobile Trading App Demo Religare Dynami Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Religare Dynami Download Andriod TradeEye Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Religare Dynami 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 Religare Broking Equity Intraday and Delivery Brokerage Calculator for Wisdom Capital
Futures Brokerage Calculator Futures Brokerage Calculator for Religare Broking Futures Brokerage Calculator for Wisdom Capital
Options Brokerage Calculator Options Brokerage Calculator for Religare Broking Options Brokerage Calculator for Wisdom Capital
Detail Detail on Trading Platforms for religare-broking Detail on Trading Platforms for wisdom-capital

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Broker Ratings by Users

Compare Religare Broking vs Wisdom Capital on User Rating

  Religare Broking Wisdom Capital
  56 Customer Reviews    Rate Religare Broking 8 Customer Reviews    Rate Wisdom Capital
Fees Ratings 3.2 4.3
Trading Brokerage Rating 3.2 4.5
Trading Platform Usability 3.0 3.3
Customer Service Ratings 2.9 4.4
Overall Ratings 2.9 3.9
Broker Rating Religare Broking is Rated 2.9 / 5 based on 56 customer reviews Wisdom Capital is Rated 3.9 / 5 based on 8 customer reviews
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Investment Offerings

Compare Religare Broking vs Wisdom Capital on Investment Offerings

Compare Religare Broking 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 - Religare Broking 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 Religare Broking with Wisdom Capital
Investment Offerings Compare Religare Broking 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 No No
Other Investment Options NIL NIL
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Order Types

Compare Religare Broking vs Wisdom Capital on Order Types

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

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

Compare Religare Broking 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 Religare Broking with Wisdom Capital
Customer Service Compare Religare Broking Wisdom Capital
24/7 Customer Service Religare Broking vs Wisdom Capital - 24x7 customer support No No
Email Support Religare Broking vs Wisdom Capital - Email Support Yes Yes
Onine Live Chat Religare Broking vs Wisdom Capital - Onine Live Chat No Yes
Phone Support Religare Broking vs Wisdom Capital - Phone Support Yes Yes
Toll Free Number Religare Broking vs Wisdom Capital - Toll Free Number No No
Through Branches Religare Broking vs Wisdom Capital - Through Branches Yes No
Customer Care Number Religare Broking vs Wisdom Capital - Customer Care Number 1860-25-88888 Info Not Available
Account Opening Process Religare Broking vs Wisdom Capital - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Religare Broking vs Wisdom Capital - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Religare Broking vs Wisdom Capital - Knowledge Center/Education Not available Info Not Available
Head Office Address Religare Broking vs Wisdom Capital - Head Office Address/Corporate Address Religare Broking Limited,
2nd Floor,
Rajlok Building,
24, Nehru Place,
New Delhi-110019
Info Not Available
Website Religare Broking vs Wisdom Capital - Company Website http://www.religareonline.com Info Not Available
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Tips/Research/Reports Published

Compare Religare Broking vs Wisdom Capital on Research Reports, Tips

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

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

Compare Religare Broking vs Wisdom Capital on Demat Account

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

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 Religare Broking is ₹12 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 Religare Broking with Wisdom Capital
  Religare Broking Wisdom Capital
DP Source CDSL NSDL
DP ID Religare Broking vs Wisdom Capital - DP ID 30200 No
Demat Account Annual Maintenance Charges(AMC) ₹400 pa Free (₹1000 Refundable deposit + ₹1000 one time charges)
Advance Deposit Rs. 500/-
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12 ₹12
Demat ₹5 per certificate + ₹30 courier charges ₹3 per certificate + ₹20 per DFR
Remat ₹20 per certificate + ₹30 courier charges + CDSL Charges ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation 0.02% of transaction value or ₹50 whichever is higher ₹50 per transaction
Pledge Creation Confirmation 0.02% of transaction value or ₹50 whichever is higher Nil
Pledge Closure 0.02% of transaction value or ₹50 whichever is higher ₹25 per transaction
Pledge Closure Confirmation 0.02% of transaction value or ₹50 whichever is higher Nil
Pledge Invocation 0.02% of transaction value or ₹50 whichever is higher ₹25 per transaction
Failed Instruction Charges Nil ₹20
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Religare Broking vs Wisdom Capital on Special Offers and Promotion

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

Compare Religare Broking vs Wisdom Capital on Special Offers and Promotion
  Religare Broking Wisdom Capital
Pay In and Pay Out Options Religare Broking 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 Religare Mobile, Rligare Desktop and Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Religare Broking vs Wisdom Capital - Payout Time Upto 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges Religare Broking vs Wisdom Capital - Bank Supported and Charges 21+ bank connected via payment gatway, Rs 10 fee for per transaction. Info Not Available
Bank Detail RELIGARE BROKING LIMITED,
Account Number:30078551502
Bank and Branch: SBI,Capital Market Branch,Mumbai
Account Type: Current Account
IFSC Code:SBIN0011777
Info Not Available
Likes
  • Invest in a bouquet of products.
  • Multiple brokerage plans.
  • Zero account opening charges.
  • Zero AMC for the first year.
  • State-of-the-art platforms with charting and other features.
  • Best-in-class research services from experts.
  • Dynami Wrap app, a free mutual fund investment
  • Fair Deal plan: Zero brokerage on loss-making trades for 3 months.
  • Dedicated relationship manager.
  • Margin trading.

Detail Review...

Detail Review...

Dislikes
  • Minimum brokerage charges is levied.
  • Non-transparent brokerage structure.
  • Religare does not have a flat discount brokerage plan.
  • ODIN Diet is a paid platform.

Detail Review...

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

Detail Review...

Special Offers/Promo - Account opening fees Rs 500 waived off if you open an account with Rs 25000 margin.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-13T03:22:46+00:00