Compare Sharekhan
Sharekhan
WisdomCapital
WisdomCapital

Background

Year of Incorporation 2000 2012 - Started sub Brokers for Alice Blue - Now unit of Ashlar Group
Website http://www.sharekhan.com http://www.wisdomcapital.in
Phone 022-61150000 1800-3000-5048
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX, & NCDEX
Demat (NSDL/CDSL) NSDL & CDSL NSDL/CDSL - Partnership with Globe Capital Markets
Background Rating


Financial Health

Equity & Commodity Consolidated

Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet, watch out for the brokerages with and

Profit after Tax FY11/12 Rs 87.5 Crores Not Filed
Profit after Tax FY12/13 Rs 107 Crores Not Filed
Profit after Tax FY13/14 Rs 9.05 crores Not Filed
Profit after Tax FY 14/15 Rs 13 Crores
Profit after Tax FY 15/16 Rs 130 Crores
Debt FY11/12 Rs 335.1 Crores   Not Filed
Debt FY12/13 Rs 335.1 Crores   Not Filed
Debt FY13/14 0 Not Filed
Debt FY14/15 0
Debt FY15/16 335.1 Crores
Profit to Equity(%) FY11/12 19.86 Not Filed
Profit to Equity(%) FY12/13 16.04 Not Filed
Profit to Equity(%) FY13/14 17 Not Filed
Profit to Equity(%) FY14/15 19
Profit to Equity(%) FY15/16 13.8
Balance Sheet Size FY11/12 Rs 1689 Crores Not Filed
Balance Sheet Size FY12/13 Rs 1636 Crores Not Filed
Balance Sheet Size FY13/14 Rs 1303 Crores Not Filed
Balance Sheet Size FY14/15 Rs 1559 Crores
Balance Sheet Size FY15/16 Rs 2161 Crores
Financial Health Rating


Online Presence
Online Presence

Google trend over time



Active clients

Active clients data source: NSE, as on end of every calendar year. Active client is one who has traded atleast once a year. Brokers whose active clients are trending up, would mean happy clients and hence better to trade with.

Active clients - 2013 2,74,777 NA
Active clients - 2014 3,42,592 NA
Active clients - 2015 3,35,843 NA
Active clients - 2016 3,50,509 NA
Active clients Rating


Brokerage

Equity 0.03% for Intraday & 0.3% for Delivery - Negotiable Upfront Schemes :Unlimited for Rs 999/PM, Rs 5555/year, Rs 9999/Lifetime, Rs. 9 per Trade Plan
Equity Futures 0.03% of Turnover - Negotiable Upfront Schemes :Unlimited for Rs 999/PM, Rs 5555/year, Rs 9999/Lifetime, Rs. 9 per Trade Plan
Equity Options Rs 50/lot - Negotiable Upfront Schemes :Unlimited for Rs 999/PM, Rs 5555/year, Rs 9999/Lifetime, Rs. 9 per Trade Plan
Currency Futures 0.03% of Turnover- Negotiable Upfront Schemes :Unlimited for Rs 999/PM, Rs 5555/year, Rs 9999/Lifetime, Rs. 9 per Trade Plan
Currency Options Rs 20/lot- Negotiable Upfront Schemes :Unlimited for Rs 999/PM, Rs 5555/year, Rs 9999/Lifetime, Rs. 9 per Trade Plan
Commodity 0.03% of Turnover- Negotiable Upfront Schemes :Unlimited for Rs 999/PM, Rs 5555/year, Rs 9999/Lifetime, Rs. 9 per Trade Plan
Brokerage Rating


Account Opening Costs

Trading only NA Free
Trading & Demat Rs 500 which will be adjusted with brokerage Lifetime Demat maintenance Charges : 700/-
Commodity Nil Free
Account Opening Costs Rating


Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% of Turnover 0.0035% of Turnover
Futures 0.0021% of Turnover 0.0028% of Turnover
Options 0.055% of Premium Turnover 0.06% of Premium Turnover
Commodities 0.0027% of Turnover 0.0025% of Turnover
AMC charge Rs 400/year Rs 200/Year
DP Transaction Charge Rs 30 or 0.03% whichever is higher Rs 14/Debit Transaction
Offline order placing Charge Nil Rs 20/ Executed Order
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 30 Days 22 Days
End of Day 10 Years 10 Years
Coding/Backtesting
Charting Rating


Reporting

Online Trade Reports  
Online PNL Reports  
Online Contract Notes  
Reporting Rating


Margins

Leverage Provided

Equity Upto 10 Times for Intraday & 5 Times for Delivery(Interest charged) Upto 10 times for Intraday, & 0 for Delivery
Equity Futures Upto 2 times for Intraday Upto 5 times for Intraday
Equity Options No Leverage No Leverage buying, Shorting Intraday upto 2 times
Currency Futures No Leverage Upto 2 times for Intraday
Currency Options No Leverage No Leverage buying, Shorting Intraday upto 2 times
Commodity Upto 2 times for Intraday Upto 5 times for Intraday
Margins Rating


Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Support & Tools Rating


Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Convenience Rating

Our Review