Wisdom Capital Vs IDBI Capital NRI Account Comparison

• Wisdom Capital Review
• FAQs
• Brokerage
• Demat Acct
• Mobile App
• Account Opening
• Branches
• IPO
• NRI Account Review

• IDBI Capital Review
• FAQs
• Brokerage
• Demat Acct
• Mobile App
• Account Opening
• Branches
• IPO
• NRI Account Review

• 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)

• 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.

• Offers 3-in-1 accounts which makes the trading experience fast and smooth.
• Provides research and recommendation tips.
• Offers instant online account opening facility.
• Works as a custodial to settle equity derivatives trades for NRIs.
• Offers in-house mutual funds under different segments.
• After Market Order (AMO) facility.
• Equity SIP is available.

• 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.

• Brokerage charges are comparatively higher than discount brokers.
• Online trading is not available to USA and Canada based NRIs.
• Offers comparatively lower interest rates on NRI savings bank account.

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.

IDBI is a full-service broker offering a range of investment options to NRIs. IDBI NRI 3-in-1 Account makes stock market investment simple and hassle-free. NRIs also get RM assistance and investment advice from experts. It has a network across 40+ countries to offer NRI services. The broker also works as a custodian for trade clearance and settlement which reduces the extra cost for NRIs. IDBI is recommended for NRIs who are a casual investor and prefer convenience over the trading costs.