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Kotak Securities 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 Kotak Securities Max Rs. 20 per order 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. Number of active customer for Kotak Securities is 11,79,674 where number of active customer for Wisdom Capital is 3,820. Kotak Securities is serving more customer compare to Wisdom Capital.

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.

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
  • 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 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, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 11,79,674 3,820
Broker Overview Kotak Securities is one of the leading stock brokers in India. From a comprehensive suite of trading and investing products to free intraday trading, multiple brokerage plans, a new-gen Neo web and app platform, cutting-edge trading tools, and expert... Know more about Kotak Securities 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 Kotak Securities Request call back from Zerodha
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Account Opening Charges and AMC

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

Comparison of 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 99 for account opening. 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 99 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 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 Kotak Securities with Wisdom Capital on Plan Options
Plan Types Kotak Securities Wisdom Capital
Multiple Plans Yes Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Kotak Securities Zerodha
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs Wisdom Capital on Brokerage Charges

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

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 Kotak Securities Trade Free Plan Flat Fee Rs 9 Trading Plan (Pro Plan)
Equity Delivery 0.25% 0.05% or 5 paisa
Equity Intraday Free 0.01% or 1 paisa
Equity Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 9
Equity Options Delivery: Flat fee Rs. 20 per order| Intraday: Free Flat Fee Rs 9
Currency Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 9
Currency Options Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 9
Commodity Trading Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 9
Minimum Brokerage Rs 21 per executed order NIL
Hidden Charges No Info Not Available
Funding 12.49% interest PA Info Not Available
Call & Trade Charges 20 calls free and after that Rs 20 per call NA
Auto Square off Charges 20 calls free and after that Rs 20 per call NA
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage 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 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 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 - Kotak Securities offers a margin funding where Wisdom Capital doesn't offers margin funding. 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 Yes No
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features NIL 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 links 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 Neo 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 Neo TradeEye
Mobile Trading App Demo Kotak Neo Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Kotak Neo Download Andriod TradeEye Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Neo 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 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
  82 Customer Reviews    Rate Kotak Securities 8 Customer Reviews    Rate Wisdom Capital
Fees Ratings 2.6 4.3
Trading Brokerage Rating 2.7 4.5
Trading Platform Usability 3.2 3.3
Customer Service Ratings 3.1 4.4
Overall Ratings 2.8 3.9
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews Wisdom Capital is Rated 3.9 / 5 based on 8 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 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 - Kotak Securities offers online mutual fund investment option where Wisdom Capital doesn't offer. Portfolio Management Services (PMS) - Kotak Securities provide PMS Service where Wisdom Capital doesn't offer

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 Yes 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 Yes 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 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) - 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 facilities. The orders are sent 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 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 Kotak Securities vs Wisdom Capital on Customer Service

Compare Kotak Securities 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 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 1800 209 9191 Info Not Available
Account Opening Process Kotak Securities vs Wisdom Capital - Account Opening Process Online 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/Research/Knowledge-Bank/Investment-Knowlegde-Bank 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 the 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. 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 Kotak Securities is ₹780 pa. Wisdom Capital is a better choice in terms of Demat AMC compare to Kotak Securities.

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 Kotak Securities is 0.04% (Min ₹27) + 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 Kotak Securities with Wisdom Capital
  Kotak Securities Wisdom Capital
DP Source CDSL NSDL
DP ID Kotak Securities vs Wisdom Capital - DP ID 49200 No
Demat Account Annual Maintenance Charges(AMC) ₹780 pa Free (₹1000 Refundable deposit + ₹1000 one time charges)
Advance Deposit NA
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹12
Demat ₹3 per certificate + ₹50 courier charges ₹3 per certificate + ₹20 per DFR
Remat ₹10 for every hundred securities (Min ₹15) ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation 0.05% of transaction value (Min ₹30) ₹50 per transaction
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Closure 0.05% of transaction value (Min ₹30) ₹25 per transaction
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹25 per transaction
Failed Instruction Charges Nil ₹20
Other Charges Nil 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 the general features, advantages, disadvantages, payout 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. Instant 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
  • Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc.
  • Minimal account opening charges
  • No brokerage intraday trading
  • Low-cost brokerage trading
  • Multiple platforms to trade on web, app, and desktop
  • StockCase: Experts recommended basket of stocks
  • Tools like equity screeners, TradingView charts, and Payoff analyzer
  • BNST: Buy Now Sell Tomorrow order
  • Bracket order, cover order, GTT, and aftermarket order
  • Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available.
  • Margin trading facility (MTF) with dealer assisted trading
  • Kotak Traders Academy for beginners

Detail Review...

Detail Review...

Dislikes
  • Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only.
  • High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot)
  • Delivery trading is not free as charged with 0.25% brokerage.

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 Kotak Securities Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-02-17T05:10:46+00:00