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Pros

Low brokerage charges, making trading more affordable for clients.
Wide range of trading options, including equity, derivatives, commodities, and mutual funds.
User-friendly trading platforms and tools that cater to both novice and experienced traders.

Cons

Limited investment options, as the platform does not support IPOs or US stocks.
Customer service has received complaints regarding responsiveness and satisfaction.
Some users report a lack of in-depth research and analysis tools for informed trading decisions.

Wisdom Capital broker Accounts

Wisdom Capital Account Type

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

  • Freedom Plan:
    • Brokerage: Zero brokerage on equity delivery, intraday, futures, and options.
    • Account Opening Fee: Free.
    • Demat Account AMC: ₹999 (one-time).
    • Intraday Margin: Up to 5x in equity.
    • Validity: Lifetime.
    • Pro Plan:
      • Brokerage: 0.005% for equity delivery and intraday, ₹9 per executed order for futures and options.
      • Account Opening Fee: Free.
      • Demat Account AMC: ₹999 (one-time).
      • Intraday Margin: Up to 40x in cash.
      • Validity: Lifetime.
      • Ultimate Plan:
        • Brokerage: 0.007% for equity delivery and intraday, ₹15 per lot for options.
        • Account Opening Fee: Free.
        • Demat Account AMC: ₹999 (one-time).
        • Intraday Margin: Up to 60x in equity.
        • Validity: Lifetime.

        Wisdom Capital Broker Account Opening Process

        Opening an account with Wisdom Capital can be done through three convenient methods:

        • Online Account Opening:
          • Documents Required: PAN card, Aadhar card, income proof, cancelled cheque, and passport-sized photographs.
          • Procedure:
          • Email the required documents to admin@wisdomcapital.in.

          • Complete the online form and e-sign the documents.

          • Your account will be activated within a few hours.

          • Offline Account Opening:

            • Documents Required: Same as online.
            • Procedure:
            • Print and fill out the forms sent to you via email.

            • Sign and courier the completed forms along with the required documents to the given address.

            • The verification process will follow, and you will receive your account details.

            • Soft Copy via Email:

              • Procedure:
              • Request a soft copy of the blank forms by emailing helpdesk@wisdomcapital.in.
              • Fill out the forms, sign them, and courier them to the specified address.
              • Your account will be activated after verification.
              • By following these steps, you can easily open a trading and demat account with Wisdom Capital, allowing you to start trading across various market segments.

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