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Upstox Vs Wisdom Capital – Comparison – Which is Better?

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Comparison on Overall Services:

So many things like trading facilities, features, and other things have to be considered, when you are choosing a broking company to invest now. But traders have posted their trading experience with these two companies. We can take a trading rating, by these reviews. This rating can lead you to choose a company between Upstox vs Wisdom Capital.

 ParticularsWisdom CapitalUpstox
Overall Rating✰✰✰✰✰✰✰✰
Brokerage Charges✰✰✰✰✰✰✰✰
Trading Platform✰✰✰✰✰✰✰
Investments Offering✰✰✰✰✰✰✰✰
Customer Service✰✰✰✰✰✰✰
Broker Type Discount BrokerDiscount Broker
Exchanges Supported BSE, NSE, MCX, NCDEXBSE, NSE, MCX
Upstox Vs Wisdom Capital Comparison

Upstox Vs Wisdom Capital AOC & AMC: 

AOC and AMC charges are also important when you are investing somewhere. Most of the things are free in Wisdom Capital. But Upstox takes some fees for those. A clear comparison on AOC and AMC of Upstox vs Wisdom Capital is mentioned here.

ParticularsWisdom CapitalUpstox
Account Opening
Fees- Trading
Free150 Rupees
AMC of TradingFreeFree
Account Opening
Fees- DEMAT
Free150 Rupees
AMC of DEMAT999 Rupees Lifetime AMC150 Rupees PA (Waived for 1st year)
DP Facility

Comparison on Brokerage Plans: 

Brokerage plans are mainly of three types, like monthly plans, multiple plans and yearly plans. Multiple plans are available in both of these organizations. A comparison of these organizations is listed below.

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Plan TypesWisdom Capital BrokerageUpstox Brokerage
Multiple Plans
Monthly Plans
Yearly Plans

Comparison on Brokerage Charges: 

So many brokerage charges are applied by Upstox & Wisdom Capital. Equity delivery charges, equity intraday charges, equity features charges, equity options charges, and several charges are there. A comparison of Upstox vs Wisdom Capital is mentioned here.

Particulars Wisdom CapitalUpstox
Plan NameFlat Fee 9 Rupees Trading Plan (Pro Plan)Max 20 Rupees Per Order Trading Plan
Equity Delivery0.05% or 5 paisaFree
Equity Intraday0.01% or 1 paisa0.01% or 20 Rupees whichever is lower
Equity FuturesFlat Fee 9 RupeesFlat Fee 20 Rupees
Equity OptionsFlat Fee 9 RupeesFlat Fee 20 Rupees
Currency FuturesFlat Fee 9 RupeesFlat Fee 20 Rupees
Currency OptionsFlat Fee 9 RupeesFlat Fee 20 Rupees
Commodity TradingFlat Fee 9 RupeesFlat Fee 20 Rupees
Minimum BrokerageNILNIL
Hidden ChargesInfo Not AvailableInfo Not Available
FundingInfo Not AvailableInfo Not Available
Call & Trade ChargesInfo Not Available20 Rupees Per Executable Order

Upstox Vs Wisdom Capital Transaction Charges: 

Transaction charges are also very much essential for trading or investing in any broking company. Almost all of the charges are same in these broking organizations. But a detailed comparison of Upstox vs Wisdom is mentioned here, to lead you to the better option.

ParticularsWisdom CapitalUpstox
Equity Delivery325 Rupees Per Cr325 Rupees Per Cr
Equity Intraday325 Rupees Per Cr325 Rupees Per Cr
Equity Futures340 Rupees Per Cr210 Rupees Per Cr
Equity Options5500 Rupees Per Cr5500 Rupees Per Cr
Currency Futures135 Rupees Per Cr150 Rupees Per Cr
Currency Options5200 Rupees Per Cr6000 Rupees Per Cr
CommodityNon-Agri: 360 Rupees Per Cr 
Agri: 275 Rupees Per Cr
Non-Agri: 360 Rupees Per Cr 
Agri: 275 Rupees Per Cr

Comparison on Account Feature: 

Upstox and Wisdom Capital provide so many account features like charting service, algo trading service, online demo service, etc. Most of the account features are provided by both of them. We have compared Upstox vs Wisdom Capital on account features, is mentioned below.

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ParticularsWisdom CapitalUpstox
3 in 1 Account facility
Charting facility
Algo Trading facility
SMS Alerts facility
Online Demo service
Online Portfolio facility
Margin Trading Funding Available
Combined Ledger for Equity
and Commodity facility
Intraday Square-off Time service3:15 PM3:15 PM
NRI Trading facility
Other FeaturesNILNIL

Compare Trading Terminal: 

Trading terminals like desktop platform, mobile site, mobile trading, android trading app and many other are available in these companies. These terminals can help you to control or access your investments anywhere. A comparison of Upstox vs Wisdom Capital is mentioned below.

ParticularsWisdom CapitalUpstox
Desktop Trading PlatformNEST Trader &
NSE NOW
DartStock /
Nest Trader /
Fox Trader
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detailtrade.wisdomcapital.inpro.upstox.com
Mobile Site
Mobile Trading
Mobile Trading AppTradeEyeUpstox
Android Mobile App
iPhone Mobile App (IOS)
Android Tablet App
iPad App (IOS)
Trading Software ChargesInfo Not AvailableFree

Comparison on Product Offering:

Several trading products like commodity, ETF, currency derivatives, are offered by both of these broking organizations. But to choose one of them, we need to know the available products in detail. A detailed comparison on product offering is mentioned here.

ParticularsWisdom CapitalUpstox
Equity Cash and F&O facility
Currency Derivatives facility
Commodity facility
Online IPO Application service
Mutual Funds facility
Bond / NCD
ETF facility
Banking facility
Insurance facility
Forex service
MF SIP Investment facility
Equity SIP Investment facility
PMS Service
Other Investment OptionsNILNIL

Comparison on Leverages:

You should know all the margin or leverage charges of Upstox and Wisdom Capital before you invest in any of these organizations. These charges can influence your trading revenue. Moth of the charges are same. But to choose one of them, a comparative study is mentioned below.

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ParticularsWisdom Capital MarginUpstox Margin
Equity Delivery Leverage Info Not AvailableNo Margin charges for Equity Delivery.
Equity Intraday Leverage Maximum 10x or 10% considering Variable and ELM.Maximum 10x or 10% considering Variable and ELM.
Futures Leverage 1x or we can say the particular SPAN + Margin.1x or we can say the particular SPAN + Margin.
Options Leverage 1x or we can say the particular SPAN + Disclosure in a share while selling and Superior Leverage in share while buying.1x or we can say the particular SPAN + Disclosure in a share while selling and Superior Leverage in share while buying.
Equity CO Leverage Maximum 10x or 10% considering Variable and ELM, no extra margin charges are there, applied on Cover Order.Maximum 10x or 10% considering Variable and ELM, no extra margin charges are there, applied on Cover Order.
Futures CO Leverage 1x or we can say the particular SPAN + Exposure leverage, no extra margin charges are there, applied on Cover Order.1x or we can say the particular SPAN + Exposure leverage, no extra margin charges are there, applied on Cover Order.
Options CO Leverage 1x or we can say the particular SPAN + Disclosure in a share while selling and Superior Leverage in share while buying, no extra margin charges are there, applied on Cover Order.1x or we can say the particular SPAN + Disclosure in a share while selling and Superior Leverage in share while buying. no extra margin charges are there, applied on Cover Order.
Commodity Leverage 1x or we can say the particular SPAN + Disclosure in a share while selling and Superior Leverage in share while buying.1x or we can say the particular SPAN + Disclosure in a share while selling and Superior Leverage in share while buying.

Upstox Vs Wisdom Capital Customer Support:

A proper customer support system or team is really very essential to get a great trading experience. Any trader can face different problems in investing or account controlling systems. A great support system is provided by both of these companies. This below comparison of Upstox vs Wisdom Capital can lead you to the better option.

ParticularsWisdom CapitalUpstox
24/7 Customer Service 
Email Support 
Online Live Chat 
Phone Support 
Toll Free Number 
Through Branches 
Customer Care Number Info Not Available+91 22 6130 9999
Account Opening Process Info Not AvailableOnline/Paperless
Customer Support Email Info Not Available[email protected] 
Knowledge Centre/Education Info Not Availablehttps://upstox.com/help-center/
Head Office Address Info Not AvailableUpstox Corporate Office
Sunshine Tower,30th Floor,
Senapati Bapat Marg,Dadar (W),
Mumbai – 400 013
Website Info Not Availablehttps://upstox.com/
open Wisdom Capital Demat account

Comparison on DEMAT Account Feature: 

Demat account opening is the basic step of trading. This is basically a trading account, by which you can easily invest in the share market. The Demat account is provided by both of Upstox and Wisdom Capital. A clear comparison of Demat account is mentioned below.

 ParticularsWisdom CapitalUpstox
DP SourceFor Wisdom Capital: NSDLFor Upstox: CDSL
DP ID For Wisdom Capital: NoFor Upstox: 81800
DEMAT Account Annual Maintenance Charges(AMC)Free (1000 Rupees Refundable deposit + 1000 Rupees one-time charges)150 Rupees pa
Advance Deposit
NIL
Statutory chargesNilNil
Transaction Charges on Debit (Per ISIN)12 Rupees13 Rupees + 5.50 Rupees CDSL charges
DEMAT3 Rupees per certificate + 20 Rupees per DFR20 Rupees + 50 Rupees courier charges
REMAT20 Rupees for every hundred securities or 20 Rupees per certificate (whichever is higher)100 Rupees for every hundred securities or 25 Rupees per certificate (whichever is higher)
Pledge Creation50 Rupees per transaction0.02% of the transaction value (Min 50 Rupees) + CDSL charges
Pledge Creation ConfirmationNil0.02% of the transaction value (Min 50 Rupees) + CDSL charges
Pledge Closure25 Rupees per transaction0.02% of the transaction value (Min 50 Rupees) + CDSL charges
Pledge Closure ConfirmationNil0.02% of the transaction value (Min 50 Rupees) + CDSL charges
Pledge Invocation25 Rupees per transaction0.05% of the transaction value (Min 50 Rupees)
Failed Instruction Charges20 Rupees50 Rupees
Other ChargesNilNil
Upstox

Conclusion:

This comparative study is really important to choose a better company for investing in the share market. So many factors like Demat account, leverage charges, trading terminals are there to be considered before you choose between these organizations. This comparison of Upstox vs Wisdom Capital can lead you in this thing.

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