Wisdom Capital Reviews
Wisdom Capital is an online brokerage firm that charges a comparatively low commission by having its customers do trades through automated, computerized trading platform. Wisdom Capital is the subsidiary of Ashlar Group of Companies. Mr. Bharat Bansal is the CMD of Wisdom Capital. Established in 2013, it is the top online discount brokerage firm presenting brokerage services for stocks or shares, currencies, commodities, future and options on NSE, BSE, MCX & NCDEX. Wisdom capital is the preeminent source of online trading in Discount Brokerage Trading. It is providing Lifetime Zero Brokerage Freedom Plans (Equities, Futures, and Options at NSE/BSE and commodities at MCX/NCDEX). Wisdom Capital has number of satisfied customers and network of more than 1000 Franchisee all over India.
Mr. Deb Mukharjee and Mrs. Sudeshna Mukharjee are the directors and strongest pillars of the Wisdom Capital. Wisdom Capital is established by Mrs. Sudeshna Mukherjee along with Mr. Pralay Shankar Chakraborty a renowned Businessman; it all was started in 2005 named Devswings. With time as the business grows, top management team had decided to make it large and have formed a Company named “Wisdom Capital Advisors Private Limited” in 2013. It is a pioneer online trading company that has a record of best performances in the discount brokerage. The company has many ideal plans like Zero brokerage plans and flexible investments plans, which have not only supported the people in dire need but also have presented a secure way to input their hard earned money in the market.
Wisdom Capital provides broker aided trade execution and automated online investing on every stock in BSE and NSE. They offer tools like charting, live data etc either free of cost or at a minimal cost for making informed conclusions and important profit. Wisdom Capital is providing best lowest brokerage services to all clients in the effective manner. Wisdom Capital is now intoroducing news trading terminal called ALPHA TRADING TERMINAL, which is under development will specifically focus on the Greeks (Alpha, Gamma, Theta, and Delta) in order to help the traders with the selection of their trades. Details will be on their website soon.
Brokerage Plans of Wisdom Capital
Freedom Plan – Wisdom Capital is presenting lifetime freedom plan. It is offering unlimited lifetime trading plan at very nominal rates @ Rs 1947/- lifetime to celebrate the idea of freedom and independence.
Features of Freedom Plan –
- Free of cost Demat Account Activation
- Zero Brokerage Charges
- Zero Account maintainance charges
- Minimum Transaction cost in the brokerage Industry
- No Charges for Accessing NEST Trading Software
- Facility of Unlimited Trading in Share and Commodity
- Best Customer Support
- Options to Upgrade Advanced Add On Tool
Pro Plan – Wisdom Capital is also providing Adds on Plan especially designed for professionals
Some Basic Features of Pro Plan
- 9 /Trade Flate Brokerage Plan
- Free of Cost NEST Trading Platform
- Best Intraday Exposure/Margin/Limit
- Minimum Margin in NIFTY, Gold, Silver and Crude
- Free Advance Alpha Trading System
- Robo and Algo Trading Solutions
- Exchange Authorised Live Data Feed
Documents Required To Open New Account
- Address Proof (Voter ID and Adhar Card etc.)
- PAN Card (Mandatory)
- Last 6 month bank statement
Different Trading Platforms Presented by Wisdom Capital are:
- Desktop application Platform (NEST, NSE Now)
- Web Trading Platform
- Plug-in provided with AmiBroker
Account Opening Charges and AMC
|Trading Account Opening Fees||Rs 0|
|Trading AMC||Rs 0|
|Demat Account Opening Fees||Rs 0|
|Demat AMC||Rs 700 + taxes for Lifetime|
|Plan Description||Trade on your freedom, buy and sell as many equities, F&O & Commodities for Max Rs 9 per executable order.
If you are large or small investor this will give you freedom in your trade.
Delivery Limit/Margin In Cash is 1X, Intraday Limit/Margin In Futures is 2X MIS & 5X CO, Intraday Limit/Margin In Options is 1X, Intraday Limit/Margin In Cash is 10 Times FNO Stocks.
|Equity Intraday||Rs. 9|
|Equity Future||Rs. 9|
|Equity Options||Rs. 9|
|Currency Futures||Rs. 9|
|Currency Options||Rs. 9|
|Commodity Trading||Rs. 9|
Exposure or Leverages
|Equity||5 times to 40 times depending upon the brokerage plan|
|Equity Future||5 times to 20 times depending upon the brokerage plan|
|Equity Options||5 times to 40 times depending upon the brokerage plan|
|Currency Futures||5 times to 15 times depending upon the brokerage plan|
|Currency Options||5 times to 15 times depending upon the brokerage plan|
|Commodity Trading||5 times to 20 times depending upon the brokerage plan|
Customer Service Offered
- Email Support Service
- Onine Live Chat Service
- Phone Support Service
- Toll Free Number Service
Wisdom Capital Benefits
- Trade all market segments i.e. NSE Cash, F&O, Currency and MCX Commodities with the single trading terminal.
- Monthly unlimited trading plans out there for buying and selling at National Stock Exchange, Bombay Stock Exchange and MCX.
- Trading Software’s as well as web site, mobile app and installable trading terminals accessible at no cost.
- Minimum brokerage
- They allow NIFTY trading with 3000, Crude with 3000 & Mega Gold with 9000 margins
- They offer semi – automated & fully – automated Algo trading.