Search

Rating Index

Pros

Low brokerage fees, making trading more affordable for clients.
Wide range of trading options, including equities, derivatives, commodities, and currencies.
User-friendly trading platforms and educational resources for both novice and experienced traders.

Cons

Lack of regulatory oversight, raising concerns about the safety of funds.
Limited customer service, with complaints regarding responsiveness and support quality.
No option to invest in IPOs or U.S. stocks, which may restrict investment opportunities for some traders.

Wisdom broker Accounts

Wisdom Capital Account Types

Wisdom Capital offers three different types of brokerage plans tailored to meet the needs of various traders:

  • Freedom Plan:
    • Brokerage Charges: Zero brokerage on all trades, including equity delivery, intraday, futures, and options.
    • Account Opening Charges: Free.
    • Demat Account AMC: ₹999 (one-time fee for lifetime maintenance).
    • Leverage: Up to 5x in equity delivery.
    • Pro Plan:
      • Brokerage Charges:
      • Equity Delivery: 0.005%
      • Equity Intraday: 0.005%
      • Futures and Options: ₹9 per executed order.
      • Account Opening Charges: Free.
      • Demat Account AMC: ₹999 (one-time fee for lifetime maintenance).
      • Leverage: Up to 40x in intraday cash margin.
      • Ultimate Plan:
        • Brokerage Charges:
        • Equity Delivery: 0.007%
        • Equity Intraday: 0.007%
        • Futures: 0.005%
        • Options: ₹15 per lot.
        • Account Opening Charges: Free.
        • Demat Account AMC: ₹999 (one-time fee for lifetime maintenance).
        • Leverage: Up to 60x in intraday cash margin.

        Wisdom Capital Broker Account Opening Process

        Opening an account with Wisdom Capital can be done through the following methods:

        • Online Account Opening:
          • Documents Required: PAN card, Aadhaar card, income proof, cancelled cheque, and passport-sized photos.
          • Process:
          • Email scanned copies of the required documents to Wisdom Capital.
          • Complete the online form and e-sign the documents.
          • Your account will be activated within a few hours upon successful verification.
          • Offline Account Opening:
            • Documents Required: Same as above.
            • Process:
            • Print and fill the forms after receiving them via email.
            • Sign the forms and courier them along with the required documents to the Wisdom Capital office.
            • The account will be activated once the documents are verified.
            • Soft Copy via Email:
              • Request a soft copy of the blank forms through email.
              • Fill the forms, sign them, and courier them to the Wisdom Capital office.

              For further details on the account opening process, visit Wisdom Capital Account Opening Process.

Wisdom accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Wisdom Account