Compare Zerodha
Zerodha
WisdomCapital
WisdomCapital

Background

Year of Incorporation 2010 2012 - Started sub Brokers for Alice Blue - Now unit of Ashlar Group
Website http://www.zerodha.com http://www.wisdomcapital.in
Phone 080-40402020 1800-3000-5048
Exchanges enabled NSE, BSE, MCX-SX & MCX NSE, BSE, MCX, & NCDEX
Demat (NSDL/CDSL) CDSL - ZERODHA SECURITIES PVT. LTD. 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 2.3 Crores Not Filed
Profit after Tax FY12/13 Rs 5.8 Crores Not Filed
Profit after Tax FY13/14 Rs 10.27 Crores Not Filed
Profit after Tax FY 14/15 Rs 19.3 Crores
Profit after Tax FY 15/16
Debt FY11/12 0 Not Filed
Debt FY12/13 0 Not Filed
Debt FY13/14 0 Not Filed
Debt FY14/15 0
Debt FY15/16
Profit to Equity(%) FY11/12 152 Not Filed
Profit to Equity(%) FY12/13 244 Not Filed
Profit to Equity(%) FY13/14 147 Not Filed
Profit to Equity(%) FY14/15 120
Profit to Equity(%) FY15/16
Balance Sheet Size FY11/12 Rs 25.4 Crores Not Filed
Balance Sheet Size FY12/13 Rs 64.5 Crores Not Filed
Balance Sheet Size FY13/14 Rs 111.1 Crores Not Filed
Balance Sheet Size FY14/15 Rs 198 Crores
Balance Sheet Size FY15/16
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 17,523 NA
Active clients - 2014 30,379 NA
Active clients - 2015 61,970 NA
Active clients - 2016 1,28,736 NA
Active clients Rating


Brokerage

Equity 0 (free) for equity delivery & Rs 20/executed order or 0.01% (intraday) Upfront Schemes :Unlimited for Rs 999/PM, Rs 5555/year, Rs 9999/Lifetime, Rs. 9 per Trade Plan
Equity Futures Rs 20/executed order or 0.01% whichever is lower Upfront Schemes :Unlimited for Rs 999/PM, Rs 5555/year, Rs 9999/Lifetime, Rs. 9 per Trade Plan
Equity Options Rs 20/executed order or 0.01% whichever is lower Upfront Schemes :Unlimited for Rs 999/PM, Rs 5555/year, Rs 9999/Lifetime, Rs. 9 per Trade Plan
Currency Futures Rs 20/executed order or 0.01% whichever is lower Upfront Schemes :Unlimited for Rs 999/PM, Rs 5555/year, Rs 9999/Lifetime, Rs. 9 per Trade Plan
Currency Options Rs 20/executed order or 0.01% whichever is lower Upfront Schemes :Unlimited for Rs 999/PM, Rs 5555/year, Rs 9999/Lifetime, Rs. 9 per Trade Plan
Commodity Rs 20/executed order or 0.01% whichever is lower 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 Rs 300 if couriered & Rs 200 if you print the form Free
Trading & Demat Rs 200 if couriered & Rs 100 if you print the form Lifetime Demat maintenance Charges : 700/-
Commodity Rs 300 if couriered & Rs 200 if you print the form 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% on Turnover 0.0035% of Turnover
Futures 0.0021% on Contract Turnover 0.0028% of Turnover
Options 0.053% on Premium Turnover 0.06% of Premium Turnover
Commodities 0.0031% on Contract turnover 0.0025% of Turnover
AMC charge Trading: 0, Demat: Rs 300/year Rs 200/Year
DP Transaction Charge Rs 14 per debit instruction Rs 14/Debit Transaction
Offline order placing Charge Rs 20 per executed order Rs 20/ Executed Order
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 365 days on Zerodha Pi 22 Days
End of Day 10 years on Zerodha Pi 10 Years
Coding/Backtesting
Charting Rating


Reporting

Online Trade Reports  
Online PNL Reports  
Online Contract Notes  
Reporting Rating


Margins

Leverage Provided

Equity Upto 20 times intraday, 0 for Delivery Upto 10 times for Intraday, & 0 for Delivery
Equity Futures Upto 7 times intraday leverage Upto 5 times for Intraday
Equity Options Buying no leverage, Shorting upto 7 times leverage intrdaday No Leverage buying, Shorting Intraday upto 2 times
Currency Futures 2 times intraday leverage Upto 2 times for Intraday
Currency Options Buying no leverage, Shorting upto 2 times intraday leverage No Leverage buying, Shorting Intraday upto 2 times
Commodity 2.5 times intraday leverage 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

Zerodha is the biggest discount broker in India and is well known for its cutting edge and intuitive platforms. Pros: Great pricing and platforms, responsive support. Cons: No margin funding. Read More