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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.

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Wisdom Capital Vs Motilal Oswal

  Wisdom Capital Motilal Oswal
 
  Wisdom Capital Logo Motilal Oswal 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 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... Know more about Motilal Oswal Securities Ltd
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.


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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) Free (Rs 400 2nd year onward)
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST

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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%
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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)
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 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.


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Wisdom Capital and Motilal Oswal NRI Account Features

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

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Wisdom Capital Vs Motilal Oswal NRI Account Review

  Wisdom Capital Review Motilal Oswal Review
  30 Customer Reviews    Rate Wisdom Capital 127 Customer Reviews    Rate Motilal Oswal
Fees 4.0 2.7
Brokerage 4.2 2.2
Trading Platform 3.3 2.9
Customer Service 3.4 2.5
Overall Rating Rated 3.6 stars Rated 2.3 stars
Broker Rating Wisdom Capital is Rated 3.6 / 5 based on 30 customer reviews Motilal Oswal is Rated 2.3 / 5 based on 127 customer reviews

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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.
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Wisdom Capital Vs Motilal Oswal NRI Investment Options

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

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Wisdom Capital Vs Motilal Oswal NRI Customer Service

  Wisdom Capital Motilal Oswal
Customer Care Number 1800-123-9343
Customer Care Email accounts@wisdomcapital.in

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Wisdom Capital Vs Motilal Oswal Order Type Offered for NRI Account

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

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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.
  1. Full-service broker with a range of trading & investment services.
  2. A strong research team that provides investment advice and trade recommendations.
  3. 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.
  1. 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.
  2. It doesn't have offices in any foreign locations.
  3. 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

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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