We are just discussing the overall cost, in any name. What is in a name? It goes from traders pocket.
The fact is min charge is Rs 190, even zero brokerage finvasia offers that. Anything over it is extra whether in the name transaction or clearing cost- all are attached cost.
I don't trade with wisdom so can't verify. Even it is 325 not much difference from 340 (which brokerage calculator shows). 325-190=135.
You see only 490 but not much extra leverage the are providing?
The leverage is more so the attached cost is more(already said). Their leverage is much higher than Wisdom. So obviously the charge is more. Those profitable traders who want extra intraday leverage don't care about one point extra breakeven on 25,000+ BNF. I share it for them as it is currently highest leverage available.
You must admit there are different kind of traders with different requirement. For some day traders, maximum leverage is one of the most important criteria.
If you think Nifty@7500 with 135 extra is better than Nifty@5000 with 300, then it's your choice. Simple. Some profitable trader may love to trade Nifty @5000 and increase volume with same capital. I share it with those. Whats your problem!
It's better to leave the topic. No more followup post from my side.