You can choose to go the right way and invest with Wisdom Capital. There are a lot of reasons why Wisdom Capital is the right way to go and it includes the Wisdom Capital Brokerage Charges. Expenses play a major role in investment and this company aims to keep the Wisdom Capital Charges at a minimum.
Minimizing the charge and maximizing the returns should be your way of investment and the company which endorses it should be your choice. This article will provide you with reasons to make a stable decision.
|Equity Delivery Trading||0.01%|
|Equity Intraday Trading||0.01%|
|Margin Money||Zero Margin|
|Margin Funding Charges||18% + GST|
|Reactivation Charges||Rs.55 per Segment|
What are the Wisdom Capital Brokerage Charges?
|What are the Equity Delivery Charges?||0.01%|
|What are the Equity Intraday Charges?||0.01%|
|What is the brokerage on Equity Futures?||0.01%|
|How much brokerage charged for Equity Options?||Rs.15 per lot|
|What is the brokerage on Currency Futures?||0.01%|
|What is the brokerage on Currency Options?||Rs.15 per lot|
|How much brokerage charged for Commodity Trading?||0.01%|
|Brokerage Calculator||Wisdom Capital Brokerage Calculator|
When people wish to enter the stock market, they worry about the brokerage charge policy of the brokers. This is the right way to start your journey with a company, where you will know the entire expense list you need to put up with.
Speaking of this company, you should have knowledge of the Wisdom Capital Brokerage Charges. They vary as per different segments and you should keep track of the segments you wish to invest in.
Let us discuss the group of segments that have the same charge, i.e. Equity Delivery, Equity Intraday, Equity Futures, Currency Futures, and Commodity. All the thereby mentioned segments have a charge of 0.01%. Then, for Equity Options and Currency Options, you need to pay Rs.15 per lot.
Open Demat Account with Wisdom Capital Now! – Fill up the Form
What are the Wisdom Capital Account Opening Charges?
|Account Opening Charges|
|Is there any Trading Account Charges [One Time]?||Free|
|How much is the Trading Account AMC [Yearly]?||Free|
|Is there any Demat Charges [One Time]?||Rs.999|
|How much is the Demat AMC [Yearly]?||Free|
|Any minimum Margin Money required?||Zero Margin|
Put your ideas and strategies of investment at play and avail of a demat as well as a trading account with this company. But firstly, you should know of the account-related charges that are levied upon the investors. You will encounter Wisdom Capital Account Opening Charges and AMC.
The opening Wisdom Capital Demat Account Charges are set at Rs.999 whereas it is free for the trading account. Mentioning the AMC for both accounts, relaxation is entirely provided by the company in this aspect.
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What are the Wisdom Capital Transaction Charges?
|Transaction Charges for each segment|
|What are the Transaction Charges for Equity Delivery?||0.00297% of Total Turnover|
|What are the Transaction Charges for Equity Intraday?||0.00297% of Total Turnover|
|How much are the Transaction Charges for Equity Futures?||0.00297% of Total Turnover|
|How much are the Transaction Charges for Equity Options?||0.00297% of Total Turnover|
|What are the Transaction Charges for Currency Futures?||0.00297% of Total Turnover|
|What are the Transaction Charges for Currency Options?||0.00297% of Total Turnover|
|Any Transaction Charges for Commodity Trading?||0.00297% of Total Turnover|
Count on the above-mentioned table to know about the Wisdom Capital Transaction Charges. This charge is applicable to all the transactions you undertake individually. The charges are levied segment wise and hence, you need to account for your expenses.
All the segments, i.e. Equity Delivery, Equity Intraday, Equity Futures, Equity Options, Currency Futures, Currency Options, and Commodities commonly have a charge of 0.00297% of Total Turnover. Worry not, for the given percentage actually amounts to a very small part of your investment or funds.
For a brief example as well as a reference, you can hit up our brokerage calculator and work on a transaction amount. A link to the calculator is provided in one of the tables.
What are the other remaining Wisdom Capital Charges?
|How much are the Transaction Charges levied?||0.0007% of Total Turnover|
|What are the STT charges?||0.0112% of Total Turnover|
|How much is the Stamp Duty levied?||Depends on State (very minimal)|
|How is the GST charged?||18% of (Brokerage + Transaction Charges)|
|Any Margin Funding Charges?||18% + GST|
|How much is the Reactivation Charge?||Rs.55 per Segment|
|Any charges for Account Closure?||Rs.50 per Segment|
|What are the Dematerialisation Charges?||Rs.44|
This section will cater to the other Wisdom Capital Charges / Govt Charges. You need to note down the smaller amount of charges that would go to the government.
They are Transaction charges of 0.0007% of Total Turnover, STT charges of 0.0112% of Total Turnover, Stamp duty as per the state, and finally GST of 18% of (Brokerage + Transaction Charges). For the other end, you have to pay Rs.55 per segment for account reactivation, and Rs.50 per segment for account closure. Rs.44 is set for dematerialization.
Check out the Charges of other Stock Brokers
General FAQs on Wisdom Capital Charges
Let’s have a look at the FAQs on Wisdom Capital Charges:
Does Wisdom Capital provide fixed brokerage options?
No, the company allows a certain degree of flexibility in brokerage options.
Does Wisdom Capital have different brokerage charges for penny stocks?
No, you will encounter the same set of charges as levied upon other stocks.
Can I calculate Wisdom Capital brokerage even before I place a Trade?
Yes, you need to the assistance of our brokerage calculator for the same.
Can I calculate Wisdom Capital margin / limit / exposure?
Yes, our margin calculator will take on the commutation job here.
Is there any account opening fees by Wisdom Capital?
Yes, you shall be bound to give away a small amount of account opening charge.
Is there any AMC levied by Wisdom Capital?
No, AMC payment is not a part of the company’s plan or structure.
Wisdom Capital Charges – Conclusion
With the cheapest brokerage available in the market, you have the highest chance of making profits with the company’s Wisdom capital. We sure have discussed all the aspects of the Wisdom Capital Brokerage Charges, and they are all economically drafted.
Summing up this article on Wisdom Capital Charges, we would like to say, the company is doing a great job. They are serving their customers in a rightful manner, and as desired by the present audience.
Open Demat Account with Wisdom Capital Now! – Fill up the Form
Find out Brokerage Charges of other Stock Brokers
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