Wisdom Capital Vs Motilal Oswal NRI Account Comparison
The side-by-side comparison of Wisdom Capital and Motilal Oswal NRI Account. Compare Wisdom Capital Vs Motilal Oswal NRI Account brokerage charges, exposure margin, demat account and AMC. Read Motilal Oswal and Wisdom Capital NRI Account reviews.
Find out Wisdom Capital Vs Motilal Oswal which is better NRI Trading Account. See Wisdom Capital Vs Motilal Oswal which is best NRI Demat Account.
Our Wisdom Capital comparison with Motilal Oswal Securities Ltd highlights the major differences between two brokers. Find the best between Wisdom Capital and Motilal Oswal NRI Account.
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...
Motilal Oswal Financial Services Ltd (MOFSL) is a diversified financial service firm offering trading and investment services to NRIs. The company offers online trading services through a 2-in-1 account in Equity and Equity Derivatives to Non-Residen...
Account Type
NRI Trading
NRI Investment 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.
Wisdom Capital Vs Motilal Oswal Charges
Wisdom Capital
Motilal Oswal
NRI Account Opening Fees
NRI Account AMC
NRI Demat Account Opening Fees
Rs 0 (Free)
Rs 0
NRI Demat Account AMC
Rs 999 (Lifetime)
Rs 400 (Free for 1st Year)
PIS Account AMC
NA
NA
RBI approval for PIS (One time)
₹500 + GST
₹500 + GST
Wisdom Capital Vs Motilal Oswal NRI Account Brokerage Comparison
Account Type
Wisdom Capital NRI Trading
Motilal Oswal NRI Investment Account
Equity Delivery
0.50%
Equity Futures
Equity Options
Other Charges
Contract Note Reporting Charges
NA
NA
Other Brokerage Charges
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%
Wisdom Capital Vs Motilal Oswal NRI Account Taxes/Fees
Wisdom Capital
Motilal Oswal
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)
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.
Wisdom Capital Vs Motilal Oswal NRI Account Margin
Wisdom Capital Margin
Motilal Oswal 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.
Wisdom Capital and Motilal Oswal NRI Account Features
Wisdom Capital
Motilal Oswal
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features
Wisdom Capital Vs Motilal Oswal NRI Account Review
Wisdom Capital Review
Motilal Oswal Review
30 Customer Reviews
132 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating
Wisdom Capital is Rated 3.6 / 5 based on 30 customer reviews
Motilal Oswal is Rated 2.3 / 5 based on 132 customer reviews
Contact Broker / Request A Call Back
Wisdom Capital Enquire
Motilal Oswal 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.
Wisdom Capital Vs Motilal Oswal NRI Investment Options
Wisdom Capital
Motilal Oswal
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
Wisdom Capital Vs Motilal Oswal NRI Customer Service
Wisdom Capital
Motilal Oswal
Customer Care Number
1800-123-9343
Customer Care Email
accounts@wisdomcapital.in
Wisdom Capital Vs Motilal Oswal Order Type Offered for NRI Account
Wisdom Capital
Motilal Oswal
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Wisdom Capital Vs Motilal Oswal - NRI Account Advantages and Disadvantages
Wisdom Capital
Motilal Oswal
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.
Full-service broker with a range of trading & investment services.
A strong research team that provides investment advice and trade recommendations.
Presence across 2,200 locations in over 500 cities in India.
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.
MOSFL doesn't offer 3-in-1 account services. So, NRIs have to first transfer money from PIS account to trading account before placing an order.
It doesn't have offices in any foreign locations.
Brokerage is higher in comparison with discount stock brokers like Zerodha and Prostocks.
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.
Motilal Oswal is a popular name in the financial services industry in India. The company offers a range of online trading and investment services to NRIs. NRIs get free access to the trading platform and dedicated research team that provides market insights through published reports on the economy, market trends, and sectors. Higher brokerage makes it expensive for investors/traders who don't need advisory services.
Promo / Offers
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Special Offer - Free Equity Delivery and Mutual Funds
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