Wisdom Capital : Free Trade & Investment Zone.

dreammerchant

Well-Known Member
Re: Wisdom Capital : Free Trade & Investment Zone.

There are lot of contradictions with what they promote and what they are actually giving, they promote that we can trade 1 lot of Bank Nifty in MIS with the margin lesser than 8k, but when we place the order it's getting rejected saying that the required margin is 16.5k.

There is no transparency in their margin policy...

DM
 

dreammerchant

Well-Known Member
Re: Wisdom Capital : Free Trade & Investment Zone.

There are lot of contradictions with what they promote and what they are actually giving, they promote that we can trade 1 lot of Bank Nifty in MIS with the margin lesser than 8k, but when we place the order it's getting rejected saying that the required margin is 16.5k.

There is no transparency in their margin policy...

DM
Problem solved after talking with customer support staff, now they increased the margin limit to 8x from 4x

DM
 

dreammerchant

Well-Known Member
So far, then only best thing which i can say about wisdom capital is their customer support, they are very helpful and doing the needful. In the last 2days I made more than 20 calls to clarify my doubts and and their errors in margin policy, they never hesitate to answer my questions.

They should come up with interactive webpage which gives all the information about margins and other stuffs

DM
 

Wisdom Capital

Well-Known Member
Re: Wisdom Capital : Free Trade & Investment Zone.

There are lot of contradictions with what they promote and what they are actually giving, they promote that we can trade 1 lot of Bank Nifty in MIS with the margin lesser than 8k, but when we place the order it's getting rejected saying that the required margin is 16.5k.

There is no transparency in their margin policy...

DM
Responsive support is a plus. Why let such things arise in first place.

Hello,

We are providing maximum leverages in the industry. Now, all traders doesn't want higher margins nor they can handle it. So normally we do offer 4X MIS margin in futures & commodities trading after activation of account. After one time request from client, we upgrade higher leverages as a default.

Also there is a margin policy in vogue, to avoid bad debits. In that we are providing MIS margin of 4X above the margin level of 5000/- and 8X only above the margin of 10000/- only. Please read https://wisdomcapital.in/margin-policy/

Hope this clears doubts of traders community.

regards
 
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Wisdom Capital

Well-Known Member
Valentine Day Offer :)

WE HAVE A FREE GIFT FOR YOU ON THE OCCASION OF VALENTINE'S DAY.

Enjoy Rs. 500 E-Gift Voucher on the behalf of opening new account with Wisdom Capital irrespective of all plans. Voucher can be redeemed from our sister company https://koastub.com/


Hurry !!! Limited time offer :cool:

Warm Regards
 

dreammerchant

Well-Known Member
First of all there's no Cover Order available for any of the plans mentioned... When we contact the customer support they saying that the margin which we provide for MIS is already high which eliminates the need for the CO.

2nd thing is the intraday margin which they claim as 8x is not thr by default, every day morning we have to call the customer support and ask them to re activate it.

DM
 

Wisdom Capital

Well-Known Member
First of all there's no Cover Order available for any of the plans mentioned... When we contact the customer support they saying that the margin which we provide for MIS is already high which eliminates the need for the CO.

2nd thing is the intraday margin which they claim as 8x is not thr by default, every day morning we have to call the customer support and ask them to re activate it.

DM
Hello Dreammerchant,

1. Higher MIS leverages upto 40X is being given by default in our system on the basis of available fund in client's account (according to margin policy in vogue) prior to market opening. And this a normal process. However if client transfers fund during market hours, he has to call CC to update the limit.

2. There is an issue in correlation inbetween Higher MIS leverages and CO in RMS system. Bug is being corrected by software vendor and supposed to be fine tuned by next couple of days. So you can have either CO or higher leverages in MIS till bug is being rectified.

regards
 
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