• Harleen says:

    Thanks for sharing ideas on opening a demat and trading account. Yes, I too think Zerodha is a good platform especially for a newbie investor or trader. As the number of stock brokers have increased in the past few years it’s not that easy to decide which one is the best.

  • Sarath says:

    What about wisdom capital, I’ve found that there is no charges for brokerage and opening demat account. Shall I open a demat account with Wisdom capital?

    • Wisdom Capital offers three different brokerage plans and their basic ‘freedom’ plan has zero brokerage. However, this plan offers very little or no margin/exposure. If you are looking for a higher margin, you have to go for ‘PRO’ or ‘ULTIMATE’ plan. Further, for delivery trading, most of the discount brokers offer FREE trading. I can’t see any added benefit neither for heavy traders or delivery traders in the basic plan, compared to the other reputed brokers like Zerodha, Upstox, 5 Paisa, etc. The only advantage is no account opening charge, which is a one-time charge and should not matter much. Anyways, if you’re planning to open your account there, make sure to check the trading platform reviews like how fast and reliable they are. I’ve not used this broker, so can’t comment on that. I hope it helps.

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