There is no doubt if somebody has to opt any broker for all segments Wisdom's plans are lucrative. However I have asked them few questions and waiting for their reply. If My doubts gets cleared I will go for them.
Today I have received this official mail from Aliceblue Delhi Branch about my queries. Which makes Wisdom Capital authentic and establishing it as a subsidiary of Aliceblue Groups.
Newdelhi Aliceblue
To Me
Today at 11:37 PM
Dear sir,
Thanks for your interest in Aliceblue. Parawise reply given to your queries.
Q. Could you please tell me about the relationship between Aliceblue & Wisdom Capital?
A. Wisdom Capital is a discount arm of Aliceblue Commodities Pvt Ltd Specially designed for having a marketplace in North & West India as we are having substantial presence in South India. Team of AliceBlue Delhi/NCR and Wisdom Capital is altogether same.
Q. What is the safety of funds with them?
A. As SEBI entity we follow strict norms. As the funds kept in clients pool there is no question of risk for clients fund. Also there are having insurance of 10 Lakhs for each account from SEBI.
Q What is the guarantee that wisdom capital could not be closed?
A.We are having 20 Branches, 750 Franchaisee/SubBrokers and thousands of clients since year 2008. All together we are behind Wisdom Capital so that we won't be permitting it to close.
Q.Why not you are offering discount broking directly?
A. We are having Branch Based business Model in all States of South India. It could be hampered by offering discount broking directly.
Q.How do you are providing such lucrative Intraday exposures?
A. We havve invested in time & technology to make our RMS system robut. Its having triple layer risk filtering system and thus we have been able to offer highest Intraday exposures.
Q.How many staff do you have?
A. Appx 400 Staff we do have altogether.
Q.How many staff does your Delhi Branch have?
A. Wisdom Capital/AliceBlue Delhi branch is having 5 staff currently.
Hope this helps.
regards
Ankit panchal
Branch Manager
New Delhi & NCR Region.
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