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Wisdom Capital Vs Groww: Which one is better?

Both the brokers are registered with SEBI. Wisdom Capital offers investmenet in Equity, F&O, Currency and Commodities, where Groww offers investment in Equity, F&O and Currency only. The brokerage of Wisdom Capital Max Rs 9 per trade while the brokerage of Groww Max Rs 20 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for Groww is 95,38,609 where number of active customer for Wisdom Capital is 3,802. Groww is serving more customer compare to Wisdom Capital.

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

  Wisdom Capital Compare
Wisdom Capital
Groww Compare
Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients 3,802 95,38,609
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 Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl...Know more about Groww
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

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

Comparison of Wisdom Capital with Groww on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Groww offer Free AMC for Demat account where Wisdom Capital charges Rs 999 Life time AMC AMC for Demat account.

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

Compare Wisdom Capital vs Groww on Plan Options

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

Compare Wisdom Capital with Groww on Plan Options
Plan Types Wisdom Capital Groww
Multiple Plans Yes No
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 Wisdom Capital vs Groww 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.

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

Brokerage Charges - Compare Wisdom Capital with Groww
Brokerage Charges Compare Wisdom Capital Groww
Plan Name Flat Fee Rs 9 Trading Plan (Pro Plan) Flat Brokerage Plan
Equity Delivery 0.05% or 5 paisa 0.05% or Rs 20 whichever is lower
Equity Intraday 0.01% or 1 paisa 0.05% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 9 Flat Fee Rs 20
Equity Options Flat Fee Rs 9 Flat Fee Rs 20
Currency Futures Flat Fee Rs 9 Not Available
Currency Options Flat Fee Rs 9 Not Available
Commodity Trading Flat Fee Rs 9 Not Available
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges NA Rs 50 Per Executable Order
Auto Square off Charges NA Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for Wisdom Capital Brokerage Calculator for Groww
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Share Broker's Transaction Charges

Compare Wisdom Capital vs Groww on Transaction Charges

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

Transaction Charges - Compare Wisdom Capital with Groww
Transaction Charges Compare Wisdom Capital Groww
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 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for wisdom-capital Complete Brokerage Plans for groww
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Account Features

Compare Wisdom Capital vs Groww on Account Features

Compare Wisdom Capital with Groww 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 Groww doesn't offers Algo Trading. Margin Funding - Groww offers a margin funding where Wisdom Capital doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - Wisdom Capital with Groww
Account Features Compare Wisdom Capital Groww
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 No
Online Demo Yes No
Online Portfolio No Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:10 PM
NRI Trading No No
Other Features NIL NIL
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Trading Platform

Compare Wisdom Capital vs Groww on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Wisdom Capital and Groww. 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 Groww
Trading Platform Compare Wisdom Capital Groww
Desktop Trading Platform NEST Trader & NSE NOW Groww App
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail http://trade.wisdomcapital.in./ Yes
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App TradeEye Groww App
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod TradeEye Download Andriod Groww App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download Info Not Available iOS Groww App 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 Groww
Futures Brokerage Calculator Futures Brokerage Calculator for Wisdom Capital Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for Wisdom Capital Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for wisdom-capital Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare Wisdom Capital vs Groww on User Rating

  Wisdom Capital Groww
  8 Customer Reviews    Rate Wisdom Capital 7 Customer Reviews    Rate Groww
Fees Ratings 4.3 4.4
Trading Brokerage Rating 4.5 3.7
Trading Platform Usability 3.3 4.1
Customer Service Ratings 4.4 3.3
Overall Ratings 3.9 4.1
Broker Rating Wisdom Capital is Rated 3.9 / 5 based on 8 customer reviews Groww is Rated 4.1 / 5 based on 7 customer reviews
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Investment Offerings

Compare Wisdom Capital vs Groww on Investment Offerings

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

Compare Wisdom Capital vs Groww on Order Types

Order Type - Compare Wisdom Capital with Groww 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) - Both broker don't have Cover Orders (CO).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)- Wisdom Capital offers After Market Orders where Groww doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Wisdom Capital with Groww
Order Type Compare Wisdom Capital Groww
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No No
Bracket order No No
AMO-After Market Orders Yes No
GTC-Good Till Cancelled No No
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Customer Service Offered

Compare Wisdom Capital vs Groww on Customer Service

Compare Wisdom Capital with Groww 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 Groww
Customer Service Compare Wisdom Capital Groww
24/7 Customer Service Wisdom Capital vs Groww - 24x7 customer support No No
Email Support Wisdom Capital vs Groww - Email Support Yes Yes
Onine Live Chat Wisdom Capital vs Groww - Onine Live Chat Yes Yes
Phone Support Wisdom Capital vs Groww - Phone Support Yes Yes
Toll Free Number Wisdom Capital vs Groww - Toll Free Number No No
Through Branches Wisdom Capital vs Groww - Through Branches No No
Customer Care Number Wisdom Capital vs Groww - Customer Care Number Info Not Available 9108800604
Account Opening Process Wisdom Capital vs Groww - Account Opening Process Info Not Available Online
Customer Support Email Wisdom Capital vs Groww - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education Wisdom Capital vs Groww - Knowledge Center/Education Info Not Available https://groww.in/academy
Head Office Address Wisdom Capital vs Groww - Head Office Address/Corporate Address Info Not Available Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website Wisdom Capital vs Groww - Company Website Info Not Available https://groww.in/
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Tips/Research/Reports Published

Compare Wisdom Capital vs Groww on Research Reports, Tips

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

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

Compare Wisdom Capital vs Groww on Demat Account

Compare Wisdom Capital with Groww 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 Groww is Zero. Wisdom Capital is a better choice in terms of Demat AMC compare to Groww.

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 Wisdom Capital is ₹12 where for Groww is ₹8 + ₹5.50 CDSL charges.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 Wisdom Capital with Groww
  Wisdom Capital Groww
DP Source NSDL CDSL
DP ID Wisdom Capital vs Groww - DP ID No No
Demat Account Annual Maintenance Charges(AMC) Free (₹1000 Refundable deposit + ₹1000 one time charges) Zero
Advance Deposit Nil
Statutory charges Nil Legal Charges
Transaction Charges on Debit (Per ISIN) ₹12 ₹8 + ₹5.50 CDSL charges
Demat ₹3 per certificate + ₹20 per DFR ₹150 per certificate + courier charges
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) ₹150 per certificate + courier charges
Pledge Creation ₹50 per transaction ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure ₹25 per transaction ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation ₹25 per transaction ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges ₹20 ₹50
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Wisdom Capital vs Groww on Special Offers and Promotion

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

Compare Wisdom Capital vs Groww on Special Offers and Promotion
  Wisdom Capital Groww
Pay In and Pay Out Options Wisdom Capital vs Groww - Pay In and Pay Out Options Info Not Available pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Wisdom Capital vs Groww - Payout Time Info Not Available Max 24 hrs except bank holidays
Bank Supported and Charges Wisdom Capital vs Groww - Bank Supported and Charges Info Not Available Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.
Bank Detail Info Not Available Info Not Available
Likes

Detail Review...

  • Trade or invest in equity, F&O, mutual funds, IPO, US Stocks
  • Rs 0 account opening fee with no AMC
  • Best UI Interface-enabled app and website
  • Equity and F&O trading at Rs 20 maximum brokerage
  • No cost investment in direct mutual funds.
  • TradingView charts and wide range of technical indicators
  • Advance orders like GTT, Target order, and Basket order
  • Get instant and flexible loans on Groww
  • Get the latest trending news and updates on the Groww Digest

Detail Review...

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

Detail Review...

  • Does not offer commodity and currency trading
  • No desktop trading terminal
  • Bracket order and cover order are not available
  • No intraday trading tips and stock research reports
  • NRIs cannot open an account in Groww

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

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