IIFL Vs Wisdom Capital | Demat, Brokerage, Margin and Charges | Top 10 brokers in india | Discover Broker

IIFL

VS

Wisdom Capital

Background Services
Type of Broker Full Service Discount Broker
Founded 1995 2013
Active Clients 2,14,149 51,55
Product offered Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds, Fixed Deposits. Equity Spot, Futures & Options in Equity, Currency and Commodity.
Depository CDSL NSDL & CDSL
Advisory / Research tips
Advisory Yes No
Charges
Account Opening Charges
Trading Account Rs. 0 Rs. 0
Demat Account Rs. 0 Rs. 0
Commodity Account Rs. 0 Rs. 0
Annual Maintenance Charges
Trading Account Free for 5 years, 6th year onwards 400 + GST Rs. 0
Demat Account Free for 5 years, 6th year onwards 400 + GST Rs. 999 for lifetime
Commodity Account Rs. 0 Rs. 0
Brokerage Charges
Equity Delivery 0.50% on turnover Freedom Plan - ZERO (0.00%)
OR
Pro Plan- 0.005%
OR
Ultimate Plan- 0.007%
Equity Intraday 0.05% on turnover Freedom Plan - ZERO (0.00%)
OR
Pro Plan- 0.005%
OR
Ultimate Plan- 0.007%
Equity Futures 0.05% on turnover Freedom Plan- ZERO (0.00%)
OR
Pro Plan- 9/Trade
OR
Ultimate Plan- 0.005%
Currency Futures 0.05% on turnover Freedom Plan- ZERO (0.00%)
OR
Pro Plan- 9/Trade
OR
Ultimate Plan- 0.005%
Commodity Futures - Freedom Plan- ZERO (0.00%)
OR
Pro Plan- 9 per trade
OR
Ultimate Plan- 0.005%
Equity Options 1% on premium or Rs.100 per lot Freedom Plan- ZERO (0.00%)
OR
Pro Plan- 9 per trade
OR
Ultimate Plan - 15/Lot
Currency Options - Freedom Plan- ZERO (0.00%)
OR
Pro Plan- 9 per trade
OR
Ultimate Plan - 15/Lot
Commodity Options - Freedom Plan - ZERO (0.00%)
OR
Pro Plan - 9 per trade
OR
Ultimate Plan - 15 per lot
Technology
Trading Platform IIFL Trader Terminal. Wisdom Capital (Nest) & Fox Trader.
Features
Shortcut Keys Yes Yes
Heat Map Yes No
Charting Yes Yes
Intraday Data (Days) - 7+ Days
EOD Data (Days) - 1825+ Days (5 Years)
Leverages
Equity Delivery 5x on turnover Pro Plan - 2x (BTST)
OR
Ultimate Plan - 4x (BTST)
Intraday
Equity Spot 10 - 15x on turnover Pro Plan - 40x on turnover
OR
Ultimate Plan - 60x turnover
Equity Futures and Options 10 - 12x on ESM Pro Plan - 6x on turnover
OR
Ultimate Plan - 15x on turnover
Currency Futures and Options 10 - 12x on ESM 2x on ESM
Commodity Futures and Options 10 - 12x on ESM Pro Plan - 6x on ESM
OR
Ultimate Plan - 10x on ESM
Intraday with BO & CO
Equity Spot No leverage No Leverage
Equity Futures and Options No leverage Pro Plan - 20x (cover order)
OR
Ultimate Plan - 20x (cover order)
Currency Futures and Options No leverage NIL
Commodity Futures and Options No leverage Pro Plan - 7x on ESM
OR
Ultimate Plan - 14x on ESM
Customer Support
Phone Yes Yes
Email Yes Yes
Transaction Alerts Yes Yes
Live Chat Yes Yes
Relationship Manager Yes No




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