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.
| Particulars | Wisdom Capital | Upstox |
| Overall Rating | ✰✰✰✰ | ✰✰✰✰ |
| Brokerage Charges | ✰✰✰✰ | ✰✰✰✰ |
| Trading Platform | ✰✰✰ | ✰✰✰✰ |
| Investments Offering | ✰✰✰✰ | ✰✰✰✰ |
| Customer Service | ✰✰✰ | ✰✰✰✰ |
| Broker Type | Discount Broker | Discount Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX |
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.
| Particulars | Wisdom Capital | Upstox |
| Account Opening Fees- Trading | Free | 150 Rupees |
| AMC of Trading | Free | Free |
| Account Opening Fees- DEMAT | Free | 150 Rupees |
| AMC of DEMAT | 999 Rupees Lifetime AMC | 150 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.
| Plan Types | Wisdom Capital Brokerage | Upstox 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 Capital | Upstox |
| Plan Name | Flat Fee 9 Rupees Trading Plan (Pro Plan) | Max 20 Rupees Per Order Trading Plan |
| Equity Delivery | 0.05% or 5 paisa | Free |
| Equity Intraday | 0.01% or 1 paisa | 0.01% or 20 Rupees whichever is lower |
| Equity Futures | Flat Fee 9 Rupees | Flat Fee 20 Rupees |
| Equity Options | Flat Fee 9 Rupees | Flat Fee 20 Rupees |
| Currency Futures | Flat Fee 9 Rupees | Flat Fee 20 Rupees |
| Currency Options | Flat Fee 9 Rupees | Flat Fee 20 Rupees |
| Commodity Trading | Flat Fee 9 Rupees | Flat Fee 20 Rupees |
| Minimum Brokerage | NIL | NIL |
| Hidden Charges | Info Not Available | Info Not Available |
| Funding | Info Not Available | Info Not Available |
| Call & Trade Charges | Info Not Available | 20 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.
| Particulars | Wisdom Capital | Upstox |
| Equity Delivery | 325 Rupees Per Cr | 325 Rupees Per Cr |
| Equity Intraday | 325 Rupees Per Cr | 325 Rupees Per Cr |
| Equity Futures | 340 Rupees Per Cr | 210 Rupees Per Cr |
| Equity Options | 5500 Rupees Per Cr | 5500 Rupees Per Cr |
| Currency Futures | 135 Rupees Per Cr | 150 Rupees Per Cr |
| Currency Options | 5200 Rupees Per Cr | 6000 Rupees Per Cr |
| Commodity | Non-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.
| Particulars | Wisdom Capital | Upstox |
| 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 service | 3:15 PM | 3:15 PM |
| NRI Trading facility | ✘ | |
| Other Features | NIL | NIL |
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.
| Particulars | Wisdom Capital | Upstox |
| Desktop Trading Platform | NEST Trader & NSE NOW | DartStock / Nest Trader / Fox Trader |
| Desktop Platform (Windows) | ✔ | ✔ |
| Desktop Platform (Mac) | ✘ | ✘ |
| Web Trading Platform | ✔ | ✔ |
| Web Trading Detail | trade.wisdomcapital.in | pro.upstox.com |
| Mobile Site | ✔ | ✔ |
| Mobile Trading | ✔ | ✔ |
| Mobile Trading App | TradeEye | Upstox |
| Android Mobile App | ✔ | ✔ |
| iPhone Mobile App (IOS) | ✔ | ✔ |
| Android Tablet App | ✔ | ✔ |
| iPad App (IOS) | ✔ | ✔ |
| Trading Software Charges | Info Not Available | Free |
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.
| Particulars | Wisdom Capital | Upstox |
| 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 Options | NIL | NIL |
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.
| Particulars | Wisdom Capital Margin | Upstox Margin |
| Equity Delivery Leverage | Info Not Available | No 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.
| Particulars | Wisdom Capital | Upstox |
| 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 Available | Online/Paperless |
| Customer Support Email | Info Not Available | [email protected] |
| Knowledge Centre/Education | Info Not Available | https://upstox.com/help-center/ |
| Head Office Address | Info Not Available | Upstox Corporate Office Sunshine Tower,30th Floor, Senapati Bapat Marg,Dadar (W), Mumbai – 400 013 |
| Website | Info Not Available | https://upstox.com/ |
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.
| Particulars | Wisdom Capital | Upstox |
| DP Source | For Wisdom Capital: NSDL | For Upstox: CDSL |
| DP ID | For Wisdom Capital: No | For 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 charges | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | 12 Rupees | 13 Rupees + 5.50 Rupees CDSL charges |
| DEMAT | 3 Rupees per certificate + 20 Rupees per DFR | 20 Rupees + 50 Rupees courier charges |
| REMAT | 20 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 Creation | 50 Rupees per transaction | 0.02% of the transaction value (Min 50 Rupees) + CDSL charges |
| Pledge Creation Confirmation | Nil | 0.02% of the transaction value (Min 50 Rupees) + CDSL charges |
| Pledge Closure | 25 Rupees per transaction | 0.02% of the transaction value (Min 50 Rupees) + CDSL charges |
| Pledge Closure Confirmation | Nil | 0.02% of the transaction value (Min 50 Rupees) + CDSL charges |
| Pledge Invocation | 25 Rupees per transaction | 0.05% of the transaction value (Min 50 Rupees) |
| Failed Instruction Charges | 20 Rupees | 50 Rupees |
| Other Charges | Nil | Nil |
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.
