Wisdom Capital : Free Trade & Investment Zone.

[Wisdom Capital]

The brokerage and marggin listed on your website is not consistent. The brokerage plan individual pages have different brokerage (for example http://wisdomcapital.in/brokerage-plan/ultimate-plan/ has brokerage 0.007%) and the same plan on comparison page has 0.005. Same is the case for other plans. Even the intraday margins, charges are different on the plan specific pages compared to what is listed on the comparison page (http://wisdomcapital.in/pricing-plans/compare-brokerages/)
This is very confusing.
Also, I think you should write your SEBI registration number in the footer so that is it visible to all new and existing clients. Just a suggestion.

I have been scratching my head about their brokerage + leverage policies, even though I visited their website umpteen times

We have redesigned our website recently and new site has been launched yesterday. Also we have shifted our site to a secured protocol (from http to https) hence some errors might be there.

Its being corrected with utmost care. However thanks for your suggestions.

regards

 

[Wisdom Capital]

What are you doing today about leverages/bracket orders ?

What are your policies for high volatile days ?

We have sufficient funds in place hence volatile days doesn't affect us as such.

However today being an extraordinary day due to Rs 500 & 1000 note ban and US election results, initial couple of hours leverage was reduced.

However leverages has been resumed to normalcy as per the trading plans.

regards

 

[timepass]

We have sufficient funds in place hence volatile days doesn't affect us as such.

However today being an extraordinary day due to Rs 500 & 1000 note ban and US election results, initial couple of hours leverage was reduced.

However leverages has been resumed to normalcy as per the trading plans.

regards

Have the bracket orders been enabled throughout ?

 

[Wisdom Capital]

Have the bracket orders been enabled throughout ?

Yes CO has been enabled throughout.

Requirement of BO is to obtain higher leverages. We are offering highest leverages in the industry without CO/BO. Hence there is no requirement of it.

However you can place Target price and stop loss order simultaneously similar to BO.



regards

 

[Wisdom Capital]

Considering the importance of speed of trading terminal we have hosted our new servers for NEST (EXE & html5) at Omnisys data centre. This is apart from our in-house servers for ODIN software. This gonna reduce load in servers for sure.

We pride ourselves in announcing that our Trading Terminal is fastest among discount brokers in India. Hope our endeavour to offer error free Trading Terminal will satiate the very requirement of active Traders Community.

We have decided to offer three software to each of the interested clients i.e. NEST, ODIN & NOW simultaneously to check the feasibility, speed, compatibility and comparison of trading terminals.

Trader can login three software to check the performances of three software's, however Trading can be done in a single platform as per traders wish.

Feedback from our reputed traders from this experiment shall be used to develop our in-house state of the art "Alpha Pro" trading terminal.

http://alphatrade.in/

Please note this facility shall be available for this weekend exclusively.

regards

 

[iTrade]

I have a question on brokerage for pro and ultimate plan. How is the brokerage of 0.005% charged? Buy side only or based on total turnover?

 

[iTrade]

Yes CO has been enabled throughout.

Requirement of BO is to obtain higher leverages. We are offering highest leverages in the industry without CO/BO. Hence there is no requirement of it.

However you can place Target price and stop loss order simultaneously similar to BO.



regards

When you say place target, stoploss order simultaneously then it won't block additional margin? Is that correct understanding?

 

[Wisdom Capital]

I have a question on brokerage for pro and ultimate plan. How is the brokerage of 0.005% charged? Buy side only or based on total turnover?

Total Turnover.

 

[Wisdom Capital]

When you say place target, stoploss order simultaneously then it won't block additional margin? Is that correct understanding?

Absolutely correct.

 

[C_R_Kumar]

Yes CO has been enabled throughout.

Requirement of BO is to obtain higher leverages. We are offering highest leverages in the industry without CO/BO. Hence there is no requirement of it.

However you can place Target price and stop loss order simultaneously similar to BO.



regards

Isn't difference between CO(SL) and BO(SL+TgtPr) only of simultaneous placement of target price ?
So if CO is enabled, not BO, then how does the above placement done ?