English

Wisdom Capital foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://wisdomcapital.in, about the company's legal and temporary regulatory information, the company's address A-38, Sector 67, Noida, Uttar Pradesh 201301.

Wisdom Capital Forex Broker

Basic Information

Registered Region

India

Operating Period

Company Name

ASHLAR SECURITIES PRIVATE LIMITED

Abbreviation

Wisdom Capital

Company employee

Customer Service Email Address

help@wisdomcapital.in

Contact Number

+18001239343

Company Website

https://wisdomcapital.in

Company address

A-38, Sector 67, Noida, Uttar Pradesh 201301

Facebook

https://www.facebook.com/wisdomtrading

Keywords

5-10 years

Suspicious Regulatory License

Self-developed

High potential risk

Company profile

Broker NameWisdom CapitalFounded in2019Registered inIndiaRegulated byNot regulatedMarket Instrumentsstocks, futures & options, commodities, currency trading, equity tradingAccount TypesTrading Account; Wealth Management Account; Demat Account; Margin Trading AccountCommissionaccount-basedTrading PlatformAccess through Mobile App and Web TradingCustomer Support1800-123-9343; help@wisdomcapital.inOverview of Wisdom Capital Wisdom Capital is an Indian brokerage firm offering a range of market instruments including stocks, futures & options, commodities, and currency trading. It provides various account types such as Trading Account, Wealth Management Account, Demat Account, and Margin Trading Account, tailored to different investor needs. While it operates without regulation, it offers a commission structure that varies by account type. Accessible through both a Mobile App and Web Trading platform, Wisdom Capital emphasizes convenience in trading. Customer support is available via phone at 1800-123-9343 and email at help@wisdomcapital.in, ensuring assistance for client inquiries and issues.Regulation Wisdom Capital appears to operate without regulation. As of the latest information available, there are no indications that Wisdom Capital is subject to oversight by any financial regulatory authority. This lack of regulation means that clients and investors should exercise caution when considering engaging with the company.Pros & Cons Wisdom Capital offers a diverse range of trading instruments and a user-friendly platform, catering to different trading preferences and ensuring ease of use for clients. However, the brokerage falls short in educational resources and transparency regarding its operational policies, which could hinder client understanding and trust. Furthermore, operating without regulatory oversight poses significant risks to traders, potentially affecting investor protection and recourse in case of disputes. Additionally, the limited deposit and withdrawal methods restricted to crypto wallets may inconvenience clients seeking broader financial transaction options.Pros Cons • Various trading instruments to trade• Operates without regulatory oversight, potentially exposing traders to risks• Offers multiple account types• Lack of educational resources or transparency regarding company policies and procedures• User-Friendly Platform• Deposit and withdrawal methods limited to crypto walletsMarket Instruments Wisdom Capital offers a comprehensive range of market instruments including stocks, futures & options, commodities, currency trading, equity trading, and Nifty trading. As a full-service financial firm, Wisdom Capital enables investors to engage in diverse investment opportunities across these instruments.Account Types Trading Account: This type of account allows you to trade a variety of financial instruments, including stocks, bonds, and commodities. There are no fees associated with opening this account, but there are charges for equity executions (₹0.01 per order or ₹29/executed order) and other brokerage fees. Wealth Management Account: This type of account is designed for investors who want to delegate their investment decisions to a professional money manager. The fees for this type of account are not shown on the screenshot. Demat Account: This type of account is required to hold shares and other securities in electronic form in India. There is a zero account opening charge and a ₹400 annual maintenance charge associated with this account type. Margin Trading Account: This type of account allows you to borrow money from the broker to purchase securities. The fees for this type of account are not shown on the screenshot, and it is important to note that margin trading can be risky.How to open an accountVisit their website and navigate to the account opening section.Choose your desired account type (Trading, Wealth Management, Demat, or Margin Trading).Fill out an online application form providing your personal and financial information.Complete the Know Your Customer (KYC) verification process, which might involve submitting identity documents and proof of address.Fund your new account using their supported deposit methods (details might not be available on the screenshot).Trading Platform Wisdom Capital seems to offer a web-based trading platform accessible through a desktop or laptop computer. The platform likely prioritizes user-friendliness with features for:Order placement and execution: Buy and sell orders for various financial instruments.Market analysis: Tools for technical analysis, potentially including charts and technical indicators.Market data: Real-time or delayed market data (depending on the plan) to stay informed about price movements.Account management: Features to monitor your account balance, holdings, and potentially place funds or manage investment strategies.Customer Support Wisdom Capital prides itself on delivering exceptional customer support through its Call & Trade service, accessible by dialing 1800-123-9343 or emailing help@wisdomcapital.in. This service ensures that clients receive prompt assistance and guidance regarding their investment queries and trading needs. Whether customers require assistance with executing trades over the phone or seek clarification on account-related matters, Wisdom Capital's dedicated support team is readily available to provide timely and reliable solutions. By prioritizing customer satisfaction and accessibility, Wisdom Capital strives to maintain a strong rapport with its clients, fostering trust and confidence in their investment journey.Conclusion In conclusion, Wisdom Capital emerges as a versatile brokerage firm in India, offering a wide array of market instruments including stocks, futures & options, commodities, and currency trading. Established in 2019 and operating without regulatory oversight, it provides various account types tailored to diverse investor needs, supported by a user-friendly Mobile App and Web Trading platform. While it excels in accessibility and trading convenience, potential clients should consider the risks associated with the lack of regulatory supervision. With a commitment to responsive customer support and a range of trading opportunities, Wisdom Capital aims to cater effectively to the needs of its clientele in the competitive financial markets.FAQs Is Wisdom Capital safe？ Wisdom Capital is not regulated, which means there are no regulatory safeguards in place to protect investors. What account types does Wisdom Capital offer？ Wisdom Capital offers Trading Accounts, Wealth Management Accounts, Demat Accounts, and Margin Trading Accounts. How do I fund my Wisdom Capital account？ Information on deposit methods is currently unavailable, but it might be limited to crypto wallets. Does Wisdom Capital offer educational resources？ There is no clear information on the extent or quality of educational resources available through Wisdom Capital.Risk Warning Trading online carries inherent risks, including the potential loss of your entire investment. It's essential to recognize that online trading may not be suitable for everyone, and individuals should carefully consider their risk tolerance before participating. Additionally, please be aware that the details provided in this review are subject to change as companies update their services and policies. Therefore, it's advisable to verify the most up-to-date information directly with the company before making any trading decisions. Ultimately, the responsibility for utilizing the information in this review lies solely with the reader.

Wisdom Capital broker review

Is Wisdom Capital safe or scam

Rating Index

Pro

Minimum Deposit

₹ 9

Freedom

Minimum Deposit

₹ 999

How to login to Wisdom Capital?

Wisdom Capital Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Wisdom Capital Account Registering for a Wisdom Capital account is the first step to accessing the platform's trading services. Heres a detailed guide on

Wisdom Capital Forex Broker - Complete Information Guide

1. Broker Overview

　　Wisdom Capital, founded in 2013 by Deb Mukherjee, is a prominent discount brokerage firm based in Noida, Uttar Pradesh, India. As a private company, it operates under the umbrella of the Ashlar Group of Companies. Wisdom Capital primarily serves retail investors, providing them with cost-effective trading solutions across various financial markets, including equities, derivatives, commodities, and currencies.

　　Since its inception, Wisdom Capital has achieved significant milestones, including the establishment of a robust franchise network, with over 250 branches spread across more than 500 cities in India. The company has positioned itself as a leader in the discount brokerage sector by offering innovative trading solutions and a zero brokerage plan that allows clients to trade without incurring commission fees.

　　The business model of Wisdom Capital focuses on providing retail forex and stock trading services, alongside other financial products. This model enables clients to engage in trading activities with minimal costs, thereby maximizing their potential returns.

2. Regulatory and Compliance Information

　　Wisdom Capital is regulated by the Securities and Exchange Board of India (SEBI), which is the primary regulatory authority overseeing the securities market in India. The firm adheres to the guidelines and regulations set forth by SEBI to ensure compliance and maintain transparency in its operations.

　　The regulatory license number for Wisdom Capital, as recognized by SEBI, is INZ000003550. This license is valid for trading across various segments, including the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

　　In terms of compliance, Wisdom Capital implements stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to protect investor interests. The company ensures that client funds are kept in separate accounts, thereby adhering to the client fund segregation policy. Additionally, Wisdom Capital participates in the Investor Compensation Fund, which provides a safety net for investors in case of any unforeseen circumstances.

3. Trading Products and Services

　　Wisdom Capital offers a diverse range of trading products, catering to the needs of its clients. The firm provides access to over 50 forex currency pairs, including major, minor, and exotic pairs. Additionally, it offers trading in Contracts for Difference (CFDs) across various asset classes such as indices, commodities, stocks, and cryptocurrencies.

　　The range of CFD products includes:

Indices: Major global indices such as Nifty 50, S&P 500, and Dow Jones.
Commodities: Gold, silver, crude oil, and agricultural products.
Stocks: A wide selection of equities from various sectors.

　　Wisdom Capital regularly updates its product offerings to include new financial instruments, ensuring that clients have access to the latest market opportunities. The firm also provides retail trading services, allowing individual investors to participate in the financial markets with ease.

　　For institutional clients, Wisdom Capital offers tailored services that include algorithmic trading solutions and white-label services, enhancing the trading experience for larger entities. Furthermore, the firm provides asset management services for clients looking to diversify their portfolios.

4. Trading Platforms and Technology

　　Wisdom Capital supports various trading platforms to accommodate different trading preferences. The firm does not currently offer MetaTrader 4 or 5 but has developed its proprietary platforms, which include:

　　Wisdom Neo: A highly integrated mobile app that provides real-time access to stock markets and features comprehensive trading tools. Users can trade in equities, derivatives, commodities, and currencies directly from their mobile devices.
　　Wisdom Trade: A powerful web-based trading platform that allows users to trade across multiple segments. It offers advanced charting tools, watchlist scanners, and fundamental and technical analysis tools.
　　XTS Trader: A terminal-based platform designed for professional traders, offering high performance and reliability with features like customizable workspaces and real-time data feeds.
　　Fox Trader: A comprehensive trading platform that includes features for market analysis, strategy creation, and execution of trades.

　　These platforms utilize robust technology infrastructure, ensuring fast order execution and a seamless trading experience. Wisdom Capital's servers are strategically located to enhance performance and minimize latency. The firm also provides API access for automated trading, allowing traders to implement their strategies effectively.

5. Account Types and Trading Conditions

　　Wisdom Capital offers several account types tailored to the needs of different traders. The primary account types include:

　　Standard Account: This account allows trading in various segments with a minimum deposit requirement. The brokerage fee is 0.01% for equity delivery and ₹9 per executed order for derivatives.
　　Pro Account: Designed for professional traders, this account offers higher leverage and advanced trading tools. The brokerage charges are ₹9 per trade for futures and options, with a 0.005% fee for equity intraday trades.
　　Freedom Plan: This account type allows clients to trade without incurring brokerage fees for equity delivery and futures. It is ideal for active traders looking for cost-effective trading solutions.
　　Ultimate Plan: This plan provides higher intraday margins and reduced brokerage fees, catering to high-frequency traders.

　　Wisdom Capital also offers a demo account for clients to practice trading strategies without financial risk. The leverage ratios vary by account type, with intraday trading offering up to 40x leverage in certain segments.

6. Fund Management

　　Wisdom Capital supports various deposit methods to facilitate easy fund management for its clients. The available deposit methods include:

　　Bank Transfers: Clients can deposit funds through NEFT, RTGS, or IMPS, with no fees associated with online transfers. Deposits are typically credited within 24 hours.
　　Credit/Debit Cards: Wisdom Capital accepts payments via major credit and debit cards, with a nominal fee of 1.8% for debit cards and 2.5% for credit cards. The funds are credited instantly.
　　UPI Payments: The firm allows clients to utilize UPI for fund transfers, which are processed instantly without any fees.

　　The minimum deposit requirement varies by account type, with some accounts requiring a minimum deposit of ₹25,000. Withdrawal options include bank transfers and cheque withdrawals, with processing times typically taking 1-2 business days. Wisdom Capital maintains a transparent fee structure, ensuring clients are aware of all applicable charges.

7. Customer Support and Educational Resources

　　Wisdom Capital prioritizes customer support, offering multiple channels for assistance, including:

Phone Support: A dedicated toll-free number is available for clients seeking immediate assistance.
Email Support: Clients can reach out via email for detailed inquiries.
Online Chat: While there is no live chat feature, clients can submit queries through the website's contact form.

　　The firm's support team is available during regular business hours, and they aim to respond promptly to client inquiries. Wisdom Capital also provides educational resources, including webinars, tutorials, and market analysis reports, to help clients enhance their trading knowledge and skills.

　　These resources are designed to empower both novice and experienced traders, covering various topics such as trading strategies, market analysis, and risk management.

8. Regional Coverage and Restrictions

　　Wisdom Capital primarily serves clients in India, with a strong presence across various states through its extensive franchise network. The firm is equipped to cater to a diverse clientele, including both retail and institutional investors.

　　However, Wisdom Capital does not accept clients from certain regions, including countries with stringent financial regulations or restrictions on foreign investments. The firm maintains compliance with local laws and regulations to ensure a secure trading environment for its clients.

　　In conclusion, Wisdom Capital stands out as a competitive player in the Indian discount brokerage landscape, offering a range of products and services tailored to meet the needs of various traders and investors. The firms commitment to low-cost trading, coupled with its innovative platforms and strong customer support, positions it as an attractive option for individuals looking to engage in the financial markets.

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