Answers:
1. As per http://wisdomcapital.in/faq-safety-of-funds/ the directors mentioned are: Mrs Sudeshna Mukherjee and Mr Pralay Shankar Chakraborty are Directors/Owner of this Company among others.
2. Wisdom Capital seems to be sub-broker if i'm not mistaken. They partner with other brokers, eg Aliceblue, F6Finserve etc. so their names might not be in the NSE/BSE websites
They surely are registered with SEBI: SEBI Registration Numbers : NSE CM : INB 231467334, F&O : INF 231467334 • Dated : 25-10-2012, CDS : INE 231484739 • Dated : 17-04-2013.
3. I'm assuming (could be wrong) that after breaking up with F6Finserve, their analysis portal is not being updated. But, I so far have not seen any reports in newspapers that their clients have been duped.
If i'm not mistaken, their sister concern DPL Online now. DPL Online is quite active on TJ as well.. Rs 999 p.m. unlimited trading + DP a/c free.
Forget Wisdom Capital and DP Online... even SAS Online offers UNLIMITED trading per month @ Rs 999 + DP a/c free.
Please Note: I'm NOT trying to promote Wisdom Capital or DPL online. I'm just asking why not match those rates. I'm sure its feasible if one can offer those then why not the other.
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1. As per http://wisdomcapital.in/faq-safety-of-funds/ the directors mentioned are: Mrs Sudeshna Mukherjee and Mr Pralay Shankar Chakraborty are Directors/Owner of this Company among others.
2. Wisdom Capital seems to be sub-broker if i'm not mistaken. They partner with other brokers, eg Aliceblue, F6Finserve etc. so their names might not be in the NSE/BSE websites
They surely are registered with SEBI: SEBI Registration Numbers : NSE CM : INB 231467334, F&O : INF 231467334 • Dated : 25-10-2012, CDS : INE 231484739 • Dated : 17-04-2013.
3. I'm assuming (could be wrong) that after breaking up with F6Finserve, their analysis portal is not being updated. But, I so far have not seen any reports in newspapers that their clients have been duped.
If i'm not mistaken, their sister concern DPL Online now. DPL Online is quite active on TJ as well.. Rs 999 p.m. unlimited trading + DP a/c free.
Forget Wisdom Capital and DP Online... even SAS Online offers UNLIMITED trading per month @ Rs 999 + DP a/c free.
Please Note: I'm NOT trying to promote Wisdom Capital or DPL online. I'm just asking why not match those rates. I'm sure its feasible if one can offer those then why not the other.
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1. Mere names are not enough. Why there is no section like "About Us" where details about promoters/managements are mentioned ?
2. Is there any mention in their website that they are sub-broker and also did they mention who are their principal ? If not, this is a serious violation and a case of misrepresentation. I don't think SEBI/NSE/BSE rules allow sub-brokers to pose as brokers.
3. Mere assumptions are no good. There need to be some concrete reasons.
So the doubts remain. Pricing is not everything. More important for retail traders and investors are safety and security of their funds.
All traders should do a detail check about the broker they are interested to open account with and should not only look at fancy pricing.
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