In this article, we are discussing everything you need to know about the Wisdom Capital Review 2024, Check brokerage charges, margin, trading platform, Demat and trading account opening charges, branches, customer care contact, pros, cons, and more about ICICI Direct.
In this review, we are going to discuss the discount broker that is quite popular for its Zero brokerage plan. Wisdom Capital is a discount brokerage firm that provides outstanding financial services in stocks, futures & options, currency, and commodities on NSE, BSE, MCX, and NCDEX. It is incorporated in 2013 and subsidiary of the Ashlar Group of Companies. Mr. Bharat Bansal is the CMD of Ashlar Group of Companies and Mr. Deb Mukharjee & Mrs. Sudeshna Mukharjee are the directors of Wisdom Capital. As per the direct comparison of Wisdom Capital reviews posted online to other brokers, it is proved that Wisdom Capital is the only discount broker offering free online trading for a lifetime without any hidden charges. It provides the trading facility across various trading segments such as
- Equity
- Derivative
- Commodity
- Mutual Funds
- Currency Trading
- Futures & Options etc.
Wisdom Capital Review: Short review discussing credibility
Wisdom Capital has more than 1000 franchises and 100000+ inspired customers all over India. It is a top discount brokerage firm. With the help of this review, we also want to highlight that the brokerage firm supports broker-assisted trade as well as automated online trading in every segment across the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Other Wisdom Capital reviews hardly focus on the exceptional trading idea of the broker. Here, you get not only discounted trades but also a free trading option in its freedom plan for a lifetime. The Demat and Trading account opening is completely free. In addition to this, the broker also maintains trust among traders by not applying any hidden costs. It is also offering depository services to provide the benefit of a smooth trading experience. It is the only source of prominent online trading which provides a free lifetime trading plan to its clients. With the virtue of this review, we want to tell the traders out there, it has also added the most reliable trading platforms in its count. Wisdom Capital is dedicated to dispensing superlative discounted brokerage services in the entire India. Though the review includes the important traits of the broker still you can find more by exploring their site.
Review special focus: Brokerage Plans of Wisdom Capital
- Lifetime Freedom Plan
- Pro Plan/Add-Ons
- Ultimate Plans/ Add-Ons Plus
1. Wisdom Capital lifetime Freedom Plan – We have already introduced a glimpse of the freedom plan in this review earlier still you can explore details here. In this plan, customers can easily trade free for the lifetime at BSE/NSE stocks, future & option/FNO, and Commodities trading at MCX/NCDEX all segments. Some Basic Features
- Account Opening Cost – Free
- Demat account opening Cost – Free
- Demat Maintenance Cost – Lifetime 999+ Taxes(1 time only)
- Lifetime validity of the plan
- Zero Brokerage in Futures and Options
- Zero Brokerage in Cash
- Intraday Margin in Futures/MCX – 2X MIS & 10X in Cover Order
- Intraday Exposure in Options – 1X
- Intraday Margin in Cash – Up to 5X MIS
- Delivery Margin in Cash – 1X
- Free Trading Software Nest
- Call & Trade Charges – 20/Executed Order
2. Wisdom Capital Pro Plan/Add-Ons – This plan is completely suitable for all professional traders who require the best higher Intraday leverages and advanced trading tools. In this plan Rs. 9/Trade is being charged for NSE futures & options, share, currency & Commodity Trading at MCX. We have also analyzed the data mentioned in the other Wisdom Capital review list attached online. But most of them were unable to announce the original plans. So we have tried our best not to miss necessary things which might help you in one way or another.
Some Basic Features
- Account Opening Cost – Free
- Demat account opening Cost – Free
- Demat Maintenance Cost – Lifetime 999+ Taxes(1 time only)
- Lifetime validity of the plan
- 9/Trade Brokerage in Futures and Options
- 005% Intraday and 0.05% Delivery Brokerage in Cash
- Intraday Margin in Futures/MCX – 6X MIS & 20X in Cover Order
- Intraday Exposure in Options 1X Buy & 6X Sell
- Intraday Margin in Cash – Up to 40X MIS
- Delivery Margin in Cash – Up to 5X
- Free Trading Software Nest
- Call & Trade Charges – 20/Executed Order
3. Wisdom Capital Ultimate Plans/ Add-Ons Plus – The review special focus part also highlights that the demat AMC(annual maintenance charge) in the ultimate plan is NIL. Yes, Wisdom Capital does not charge any fee for demat maintenance in this plan. This plan is completely planned to fulfill the needs of those investors who want the highest intraday leverages in Intraday and delivery trades. In this plan, for equity cash intraday trading 0.005% & for delivery 0.05% being charged. Rs. 15/lot in options & 0.005% is being charged as brokerage cost for NSE futures, currency & commodity trading at MCX.
Some basic Features
- Account Opening Cost – Free
- Demat account opening Cost – Free
- Demat Maintenance Cost – Free
- Lifetime validity of the plan
- Brokerage in Futures and Options – Future: 0.005 (NSE/MCX), Options: Rs. 15/Lot
- 005% Intraday and 0.05% Delivery Brokerage in Cash
- Intraday Margin in Futures/MCX – 10X MIS & 20X in Cover Order
- Intraday Exposure in Options 1X Buy & 10X Sell
- Intraday Margin in Cash – Up to 40X MIS
- Delivery Margin in Cash – Up to 5X
- Free Trading Software Nest
- Call & Trade Charges – 20/Executed Order
Wisdom Capital Review trading platform highlights
- Desktop Trading Software – NSE NOW,
- Fox Trader: An advanced charting software
- Web Trading Software – https://trade.wisdomcapital.in/
- Mobile Trading Software – NSE NOW
Benefits that you may reap with Wisdom Capital
- Email Support facility
- Live Chat facility
- Phone Support Facility
- Toll-Free Number Facility
Last but not least, concluding our review by telling about the customer support channels of Wisdom Capital. Whether it is over toll-free, phone, email, or live chat they try to update you with important updates via multiple support channels. In addition to reliable trading software (NOW, NEST, etc.) for convenient and trouble-free trading you also get 100+ opportunities to make a profit. Wisdom Capital is also providing a semi and fully-automated Algo trading facility. This broker also proffers precious metal futures trading and trade in almost all metals, agri, and non-agri commodities too. So enjoy online trading with Wisdom Capital.
