Compare WisdomCapital
WisdomCapital
Nirmal Bang
Nirmal Bang

Background

Year of Incorporation 2012 - Started sub Brokers for Alice Blue - Now unit of Ashlar Group 1996
Website http://www.wisdomcapital.in http://www.nirmalbang.com
Phone 1800-3000-5048 022-3826 8600
Exchanges enabled NSE, BSE, MCX, & NCDEX NSE, BSE, MCX-SX, MCX, & NCDEX
Demat (NSDL/CDSL) NSDL/CDSL - Partnership with Globe Capital Markets NSDL
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 Not Filed - Rs 7.4 Crores
Profit after Tax FY12/13 Not Filed - Rs 12.4 Crores  
Profit after Tax FY13/14 Not Filed - Rs 4.2 Crores
Profit after Tax FY 14/15 - Rs 2.2 Crores
Profit after Tax FY 15/16 - Rs 2.4 Crores
Profit after Tax FY 16/17 Rs 1.5 Crores
Profit after Tax FY17/18   - Rs 3.4 Crores
Debt FY11/12 Not Filed Nil
Debt FY12/13 Not Filed Nil
Debt FY13/14 Not Filed Rs 10.8 Crores
Debt FY14/15 Nil
Debt FY15/16 Nil
Debt FY 16/17 Nil
Debt FY 17/18   Nil
Profit to Equity(%) FY11/12 Not Filed (70.86)
Profit to Equity(%) FY12/13 Not Filed (39.28)
Profit to Equity(%) FY13/14 Not Filed (11.64)
Profit to Equity(%) FY14/15 (7)
Profit to Equity(%) FY15/16 (8)
Profit to Equity(%) FY16/17 3
Profit to Equity(%) FY17/18   0
Balance Sheet Size FY11/12 Not Filed Rs 86.6 Crores
Balance Sheet Size FY12/13 Not Filed Rs 93.5 Crores
Balance Sheet Size FY13/14 Not Filed Rs 85.8 Crores
Balance Sheet Size FY14/15 Rs 72 Crores
Balance Sheet Size FY15/16 Rs 83 Crores
Balance Sheet Size FY16/17 Rs 91.6 Crores
Balance Sheet Size FY17/18   Rs 90.4 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 in December. 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 NA 49,797
Active clients - 2014 NA 59,283
Active clients - 2015 NA 61,362
Active clients - 2016 NA 70,302
Active clients - 2017 90,699
Active clients - 2018   98,337
Active clients Rating


Brokerage

Equity Upfront Schemes :Unlimited for Rs 999/PM, Rs 5555/year, Rs 9999/Lifetime, Rs. 9 per Trade Plan 0.02% for Intraday, 0.2% for Delivery
Equity Futures Upfront Schemes :Unlimited for Rs 999/PM, Rs 5555/year, Rs 9999/Lifetime, Rs. 9 per Trade Plan 0.02% of Turnover
Equity Options Upfront Schemes :Unlimited for Rs 999/PM, Rs 5555/year, Rs 9999/Lifetime, Rs. 9 per Trade Plan Rs 35/lot
Currency Futures Upfront Schemes :Unlimited for Rs 999/PM, Rs 5555/year, Rs 9999/Lifetime, Rs. 9 per Trade Plan 0.02% of Turnover
Currency Options Upfront Schemes :Unlimited for Rs 999/PM, Rs 5555/year, Rs 9999/Lifetime, Rs. 9 per Trade Plan Rs 20/lot
Commodity Upfront Schemes :Unlimited for Rs 999/PM, Rs 5555/year, Rs 9999/Lifetime, Rs. 9 per Trade Plan 0.01% of Turnover
Brokerage Rating


Account Opening Costs

Trading only Free NA
Trading & Demat Lifetime Demat maintenance Charges : 700/- Nil
Commodity Free Nil
Account Opening Costs Rating


Transparency & other costs

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

Equity 0.0035% of Turnover 0.0039% of Turnover
Futures 0.0028% of Turnover 0.0024% of Turnover
Options 0.06% of Premium Turnover 0.057% of Premium Turnover
Commodities 0.0025% of Turnover 0.0025% of Turnover
AMC charge Rs 200/Year Rs 250/month
DP Transaction Charge Rs 14/Debit Transaction 0.03% with Rs 25 minimum per debit instruction
Offline order placing Charge Rs 20/ Executed Order Nil
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 22 Days 5 Days on ODIN
End of Day 10 Years 5 Years on ODIN
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, & 0 for Delivery Upto 10 times for Intraday, upto 4 times for Delivery @interest
Equity Futures Upto 5 times for Intraday Upto 4 times Intraday
Equity Options No Leverage buying, Shorting Intraday upto 2 times Buying no Leverage, Shorting upto 2 times for Intraday
Currency Futures Upto 2 times for Intraday Upto 3 times for Intraday
Currency Options No Leverage buying, Shorting Intraday upto 2 times Buying no Leverage, Shorting upto 2 times for Intraday
Commodity Upto 5 times for Intraday Upto 3 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