Loading...

Wisdom Capital Vs 5paisa NRI Account Comparison

The side-by-side comparison of Wisdom Capital and 5paisa NRI Account. Compare Wisdom Capital Vs 5paisa NRI Account brokerage charges, exposure margin, demat account and AMC. Read 5paisa and Wisdom Capital NRI Account reviews.

Find out Wisdom Capital Vs 5paisa which is better NRI Trading Account. See Wisdom Capital Vs 5paisa which is best NRI Demat Account.

Our Wisdom Capital comparison with 5paisa Capital Ltd highlights the major differences between two brokers. Find the best between Wisdom Capital and 5paisa NRI Account.

Expand

Wisdom Capital Vs 5paisa

  Wisdom Capital 5paisa
 
  Wisdom Capital Logo 5paisa Capital Ltd Logo
About the Broker Wisdom Capital is an online discount broker in India. The broker offers trading and Demat account services to residents as well as NRIs. Wisdom Capital is an online brand of Ashlar Securities. The company is registered under FATCA of the USA and allo... Know more about Wisdom Capital 5paisa does not offer NRI trading and demat account. As per the company representative on 22nd July 2019, 'We wish to inform you that currently we are not offering our services to NRIs, only Resident Indians can open an account with us. ... Know more about 5paisa Capital Ltd
Account Type NRI Trading NA
Special Offer

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

Expand

Wisdom Capital Vs 5paisa Charges

  Wisdom Capital 5paisa
NRI Account Opening Fees NA
NRI Account AMC NA
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0 (Free)
NRI Demat Account AMC Rs 999 (Lifetime) Rs 300
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Open 5paisa Account

Expand

Wisdom Capital Vs 5paisa NRI Account Brokerage Comparison

Account Type Wisdom Capital NRI Trading 5paisa NA
Equity Delivery NA
Equity Futures NA
Equity Options NA
Open 5paisa Account

Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges NA
TDS Charges on Long Term Gain (Holding > 365 Days) 11.96% 11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days) 17.94% 17.94%
Expand

Wisdom Capital Vs 5paisa NRI Account Taxes/Fees

  Wisdom Capital 5paisa
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Exchange Transaction Charges Check Exchange Transaction Fee
SEBI Charges 0.00005% (₹5/Crore) 0.00005% (₹5/Crore)
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. 0.01% on delivery based turnover and 0.002% on non-delivery based turnover.

Expand

Wisdom Capital Vs 5paisa NRI Account Margin

  Wisdom Capital Margin 5paisa Margin
Equity Delivery 1x 1x
Equity Futures 1x 1x
Equity Options 1x 1x

1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.


Expand

Wisdom Capital and 5paisa NRI Account Features

  Wisdom Capital 5paisa
3-in-1 Account No No
Automated Trading Yes No
Free Research And Tips Yes No
Other Features
Open 5paisa Account

Expand

Wisdom Capital Vs 5paisa NRI Account Review

  Wisdom Capital Review 5paisa Review
  30 Customer Reviews    Rate Wisdom Capital 93 Customer Reviews    Rate 5paisa
Fees 4.0 2.9
Brokerage 4.2 3.5
Trading Platform 3.3 2.7
Customer Service 3.4 2.1
Overall Rating Rated 3.6 stars Rated 2.6 stars
Broker Rating Wisdom Capital is Rated 3.6 / 5 based on 30 customer reviews 5paisa is Rated 2.6 / 5 based on 93 customer reviews
Open 5paisa Account

Expand

Contact Broker / Request A Call Back

  Wisdom Capital Enquire 5paisa Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.
*

Wisdom Capital Vs 5paisa NRI Investment Options

  Wisdom Capital 5paisa
Stocks Yes No
Initial Public Offers (IPO) No No
Mutual Funds Yes No
Other Investment Options

Expand

Wisdom Capital Vs 5paisa NRI Customer Service

  Wisdom Capital 5paisa
Customer Care Number 1800-123-9343 NA
Customer Care Email accounts@wisdomcapital.in NA
Open 5paisa Account

Expand

Wisdom Capital Vs 5paisa Order Type Offered for NRI Account

  Wisdom Capital 5paisa
Bracket Order Yes No
Cover Order Yes No
After Market Order(AMO) No No
Good Till Cancelled (GTC) No No

Expand

Wisdom Capital Vs 5paisa - NRI Account Advantages and Disadvantages

  Wisdom Capital 5paisa
Pros
  • Wisdom Capital brokerage is lower than the full-service brokers.
  • Offers expert investment advisory services.
  • Dedicated online Live Support.
  • Wisdom Capital Trading School course for the investors to understand stock market concepts and trading.
  • NRIs are allowed to open the NRI bank account with any bank and link it with Wisdom Capital NRI trading and Demat account.
  • Omnesys NEST is offered as the trading platform.
Cons
  • Doesn't offer the facility to invest in IPOs and NCDs.
  • Doesn't offer a 3-in-1 NRI trading account. NRIs have to open a bank account with 3rd party.
  • 5paisa does not offer NRI trading and demat account.
Conclusion

Wisdom Capital is an online broker with very little investment in technology. This makes it difficult for Wisdom Capital to compete with other discount stock brokers including Zerodha, 5Paisa, Upstox, and ProStocks, etc. Except for investment advisory and trading courses, Wisdom doesn't have any unique selling point.

5paisa, the 2nd largest discount stock broker in India, doesn't offer services to NRI customer. If you are an NRI and looking for an online discount broker for investing in India, you should consider Zerodha or ProStocks.

If you recently become an NRI and have a resident account with 5paisa, you have to close it and open a new account with another broker who offers NRI services.

Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

5paisa Special Offer

5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.

Open Online Account Now! and start trading today.
Open 5paisa Account

Comments

Add a public comment...

Compare More Brokers: