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Wisdom Capital Vs HDFC Securities NRI Account Comparison

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

Find out Wisdom Capital Vs HDFC Securities which is better NRI Trading Account. See Wisdom Capital Vs HDFC Securities which is best NRI Demat Account.

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

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Wisdom Capital Vs HDFC Securities

  Wisdom Capital HDFC Securities
 
  Wisdom Capital Logo HDFC Securities 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 HDFC, a leading private bank in India, offers online trading and investment services in India Stock Market to NRIs located across the globe. HDFC NRI 3-in-1 Account offers a seamless trading experience to NRIs. It offers an integrated NRI trading acc... Know more about HDFC Securities Ltd
Account Type NRI Trading NRI Account
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.

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.


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Wisdom Capital Vs HDFC Securities Charges

  Wisdom Capital HDFC Securities
NRI Account Opening Fees ₹2500
NRI Account AMC ₹0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 999 (Lifetime) Rs 750
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST

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Wisdom Capital Vs HDFC Securities NRI Account Brokerage Comparison

Account Type Wisdom Capital NRI Trading HDFC Securities NRI Account
Equity Delivery 0.75%
Equity Futures 0.025% (Both Buy & Sell)
Equity Options ₹100 per lot

Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges Minimum Brokerage: ₹25, PIS AMC: ₹1000
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%
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Wisdom Capital Vs HDFC Securities NRI Account Taxes/Fees

  Wisdom Capital HDFC Securities
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.

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Wisdom Capital Vs HDFC Securities NRI Account Margin

  Wisdom Capital Margin HDFC Securities 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.


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Wisdom Capital and HDFC Securities NRI Account Features

  Wisdom Capital HDFC Securities
3-in-1 Account No Yes
Automated Trading Yes No
Free Research And Tips Yes Yes
Other Features

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Wisdom Capital Vs HDFC Securities NRI Account Review

  Wisdom Capital Review HDFC Securities Review
  30 Customer Reviews    Rate Wisdom Capital 224 Customer Reviews    Rate HDFC Securities
Fees 4.0 2.1
Brokerage 4.2 1.8
Trading Platform 3.3 2.9
Customer Service 3.4 2.5
Overall Rating Rated 3.6 stars Rated 2.2 stars
Broker Rating Wisdom Capital is Rated 3.6 / 5 based on 30 customer reviews HDFC Securities is Rated 2.2 / 5 based on 224 customer reviews

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Contact Broker / Request A Call Back

  Wisdom Capital Enquire HDFC Securities 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. 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.
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Wisdom Capital Vs HDFC Securities NRI Investment Options

  Wisdom Capital HDFC Securities
Stocks Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds Yes Yes
Other Investment Options Bonds, Equity F&O, ETFs

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Wisdom Capital Vs HDFC Securities NRI Customer Service

  Wisdom Capital HDFC Securities
Customer Care Number 1800-123-9343 +91 2267 6061 61
Customer Care Email accounts@wisdomcapital.in

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Wisdom Capital Vs HDFC Securities Order Type Offered for NRI Account

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

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Wisdom Capital Vs HDFC Securities - NRI Account Advantages and Disadvantages

  Wisdom Capital HDFC Securities
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.
  1. Offers 3-in-1 NRI account for trading and investment.
  2. A subsidiary of renowned HDFC Bank.
  3. Offers online mutual fund facility through 'Digify'', a digital mutual fund platform.
  4. Offers AMO and GTC order facility.
  5. Research team offers trading and investment recommendations.
  6. Assistance from Relationship Managers.
  7. Offers loan facility against securities held in NRI demat account.
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.
  1. Brokerage charges are very high in comparison to discount brokers like Zerodha.
  2. Doesn't offer online trading to USA and Canada based NRIs.
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.

HDFC is a good choice for NRIs to trade and invest in stocks, mutual funds and other investment products in India. Barring NRIs from the USA and Canada, it offers a convenient way to invest online. HDFC is a full-service broker offering services like RM, NRI support desk, free research, and tips, etc., to help NRIs take informed trading decisions. It also offers loan against securities held in the demat accounts. The GTC and AMO order helps NRIs in placing orders as per their convenience.

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

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

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