#	Freedom	Ultimate
Account Opening	Free	Free
Validity	Lifetime	Lifetime
Brokerage	₹ 999/Month	0.01%* in Equity & ₹9/Executed Order in F&O
Intraday Margin (MIS/BO/CO)	Up to 5X in Equity	Up to 5X in Equity
Free Demat Opening	Yes	Yes
Demat Maintenance Cost	Lifetime Free with one time charge of 999/-+ GST	Lifetime Free with one time charge of 999/-+ GST
Trading Software	Wisdom Neo, Wisdom Trade, XTS EXE, Wisdom API & QuantPower	Wisdom Neo, Wisdom Trade, XTS EXE & QuantPower

Product	Wisdom Capital	Zerodha	Upstox	Kotak	Groww
Brokerage	Free	₹ 20/Order	₹ 20/Order	Free	₹ 20/Order
Data API	Free (Wisdom API)	₹ 2000/Month(Kite Connect)	₹590/Month	Free
Trading API	Free (Wisdom API)	₹ 2000/Month(Kite Connect)	₹ 885/Month	Free
XTS Platform	Free
QuantPower	Free

Low Brokerage Trading Account	Trading Account Opening Charges	Demat Account Maintenance Charges	Brokerage Fees in NSE Equities	Brokerage in NSE Future & Options(F&O)	Brokerage charges in MCX Commodity	Lowest Brokerage in NSE Option Trading	Nifty Future Breakeven Point	Crude Oil Breakeven point
Wisdom Capital	Free	Zero*	0.01%*	₹9/Executed Order or 999/Month	₹9/Executed Order or 999/Month	₹9/Executed Order or 999/Month	1.84	0.5
Zerodha	₹ 200	₹ 300	₹ 20/trade or 0.01% whichever is lower	₹ 20/per executed order	₹ 20/per executed order	₹ 20/per executed order	2.15	1.07
Upstox	₹ 200	₹ 150 per year	₹ 20/trade or 0.01% whichever is lower	₹ 20/per executed order	₹ 20/per executed order	₹ 20/per executed order	2.56	1.07
SAMCO	Zero	₹ 400/ year	₹ 20/trade or 0.01% whichever is lower	₹ 20/per executed order	₹ 20/per executed order	₹ 20/per executed order	2.56	1.71

Lowest Brokerage – A Competitive Analysis

We are is one of the finest stock broking and financial services provider committed to offering a lot more than just lowest brokerage trading plans, advisory, and portfolio management. The team at Wisdom Capital consists of experienced and professionally qualified personnel who are well versed in every little detail of share trading business. Equipped with industry specific knowledge and integrated with most advanced technical tools, the team offers advisory services enabling the trader to consistently meet his profitability goals.

Apart from retail investors, Wisdom Capital also caters to a selected set of institutional investors, retail brokers and High-Net Worth Individual (HNI) customers. Because of the extensive product range and trading plans, the customers can rest easy as their investments are guaranteed to get returns in due course. Our venture and franchise administration teams look into business specific due diligence meticulously and are notable for their superior norms and protocols while selecting a franchisee or a partner.

Wisdom Capital has specifically focused on innovation linked to the fintech industry that enables the traders to access most recent financial information from the world over. This allows clients at Wisdom Capital to make better trading decisions. On the other hand, it helps Wisdom Capital to comprehend financial markets better and predict trends precisely. At Wisdom Capital, such processes and procedures have been fine tuned to allow optimal outputs and this is the primary reason for building a large pool of satisfied clients at Wisdom Capital

Cheapest Brokerage Charges in Trading – A Competitive Analysis

The brokerage fee is the amount that stockbrokers charge for executing trades on behalf of investors. In India, brokerage fees typically range from 0.01% to 0.5% of the total value of the transaction. For those seeking zero brokerage or low brokerage options, it's essential to note that some brokers offer enticing deals where they charge as little as 0.01% of the trade value, making it almost akin to having no brokerage.

How Are Brokerage Fees Calculated?

Brokerage fees can be calculated in three primary ways:

1. Percentage-based Fee: In this method, brokers charge a percentage of the trade value. Some brokerage platforms offer astonishingly low rates, such as 0.01%, which feels almost like having no brokerage costs attached.

2. Flat Fee Per Trade: On the other hand, for traders who seek low brokerage, some brokers opt for a flat fee, typically ranging from Rs. 15 to Rs. 20 per trade. This flat fee structure is like a breath of fresh air for those looking to minimize brokerage costs.

3. Hybrid Fee: Some brokers adopt a hybrid fee structure that combines both percentage-based and flat fees. For example, a broker might charge 0.1% of the trade value and a minimum of Rs. 20 for each trade, ensuring that traders experience the benefits of low brokerage costs.

What Is the Minimum Brokerage Charge?

For those interested in zero brokerage or low brokerage, the minimum brokerage charge is a crucial consideration. The minimum charge is the lowest amount a broker charges for each trade. It can be calculated as a percentage of the trade value or a flat fee. Savvy investors often look for platforms with minimal, almost negligible, minimum brokerage fees.

What Is the Maximum Brokerage That a Broker Can Charge?

In India, SEBI has set guidelines on the maximum brokerage a broker can charge. According to these guidelines, brokers cannot charge more than 2.5% of the total trade value for equity delivery trades and 0.25% for intraday trades. This regulatory framework ensures that even investors seeking zero brokerage aren't exploited with exorbitant fees.

What Is the Maximum Brokerage That a Broker Can Charge ?

Brokerage Charges for Different Types of Trades:

Futures: For those aiming for zero brokerage or low brokerage in futures trading, look for brokers offering competitive rates. These may include a flat fee per trade or percentage-based fees as low as 0.01%, almost as good as having no brokerage fees.

Intraday: When considering intraday trading with a focus on low brokerage, aim for brokers with highly competitive rates. Look for percentage-based fees as low as 0.01% or flat fees that won't break the bank, starting at just Rs. 10 per trade.

Delivery: Investors seeking zero brokerage or low brokerage charges for delivery trades should seek out brokers with attractive rates. These may include percentage-based fees as low as 0.10% or flat fees starting at just Rs. 10 per trade.

Options: For options trading with a focus on low brokerage, seek brokers offering highly competitive rates, such as percentage-based fees as low as 0.05% or flat fees that won't weigh you down, starting at just Rs. 10 per trade.

Practical Examples of Low Brokerage Inclusions:

Low brokerage offers numerous benefits, including:

Discounted Percentage-Based Fees: Savvy investors seeking zero brokerage or low brokerage can benefit from brokers that offer significantly reduced percentage-based fees, as low as 0.01% or 0.02%, making your overall brokerage costs nearly disappear.

Flat Fee Per Trade: For those in pursuit of low brokerage, some brokers offer flat fees, which could be as low as Rs. 10 or Rs. 20 per trade. This is particularly advantageous for small traders, as it's almost like having no brokerage charges at all.

How to Choose the Right Broker in Terms of Lowest Brokerage Charges:

Choosing the right broker can significantly impact your investment costs. To find the ideal platform for zero brokerage or low brokerage, consider the following factors:

Fee Structure: Seek brokers with competitive fee structures, especially those offering percentage-based fees as low as 0.01%, essentially equivalent to zero brokerage.

Minimum Balance Requirement: Ensure the broker you choose doesn't demand a hefty minimum balance, which would defeat the purpose of seeking zero brokerage or low brokerage options.

Hidden Charges: Keep an eye out for any hidden fees, such as account opening fees or software charges, which can sneakily increase your overall trading cost. Opt for transparent brokers that ensure you pay what you see.

Promotions and Discounts: Many brokers offer promotions and discounts, reducing your costs even further, making it feel like you're enjoying zero brokerage benefits.

Customer Service: Finally, don't underestimate the importance of exceptional customer service. Choose a broker known for providing excellent support, ensuring a smooth and hassle-free trading experience.

Conclusion

Before venturing into the world of stock trading, it's crucial to have a strong grasp of brokerage charges, especially if you're seeking zero brokerage or low brokerage options. Conduct thorough research and consider opening a Demat account in India to equip yourself with the knowledge needed to make informed investment decisions. Whether you aim for zero brokerage or low brokerage, your choices can have a profound impact on your investment journey.

In summary, your quest for zero brokerage or low brokerage is a strategic one, and making the right choices can significantly reduce your trading costs, making your investment journey more rewarding.