The side-by-side comparison of Wisdom Capital and Religare NRI Account. Compare Wisdom Capital Vs Religare NRI Account brokerage charges, exposure margin, demat account and AMC. Read Religare and Wisdom Capital NRI Account reviews.
Find out Wisdom Capital Vs Religare which is better NRI Trading Account. See Wisdom Capital Vs Religare which is best NRI Demat Account.
Our Wisdom Capital comparison with Religare highlights the major differences between two brokers. Find the best between Wisdom Capital and Religare 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...
Religare Broking offers trading and investment services to NRIs. It offers NRI Trading and NRI Demat Accounts. This 2-in-1 account provides NRIs with access to BSE & NSE to trade across Equities, Equity Derivatives, IPOs, and Mutual Funds.
Religareo...
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.
Wisdom Capital Vs Religare Charges
Wisdom Capital
Religare
NRI Account Opening Fees
NRI Account AMC
NRI Demat Account Opening Fees
Rs 0 (Free)
Nil
NRI Demat Account AMC
Rs 999 (Lifetime)
Rs 400 from second year onward
PIS Account AMC
NA
NA
RBI approval for PIS (One time)
₹500 + GST
₹500 + GST
Wisdom Capital Vs Religare NRI Account Brokerage Comparison
Account Type
Wisdom Capital NRI Trading
Religare NRI Account
Equity Delivery
Equity Futures
Equity Options
Other Charges
Contract Note Reporting Charges
NA
NA
Other Brokerage Charges
ODIN Diet: ₹999 per year
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 Religare NRI Account Taxes/Fees
Wisdom Capital
Religare
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 Religare NRI Account Margin
Wisdom Capital Margin
Religare 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 Religare NRI Account Features
Wisdom Capital
Religare
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features
Wisdom Capital Vs Religare NRI Account Review
Wisdom Capital Review
Religare Review
30 Customer Reviews
77 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating
Wisdom Capital is Rated 3.6 / 5 based on 30 customer reviews
Religare is Rated 2.9 / 5 based on 77 customer reviews
Contact Broker / Request A Call Back
Wisdom Capital Enquire
Religare 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 Religare NRI Investment Options
Wisdom Capital
Religare
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
Wisdom Capital Vs Religare NRI Customer Service
Wisdom Capital
Religare
Customer Care Number
1800-123-9343
0120 6130300
Customer Care Email
accounts@wisdomcapital.in
wecare@religareonline.com
Wisdom Capital Vs Religare Order Type Offered for NRI Account
Wisdom Capital
Religare
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Wisdom Capital Vs Religare - NRI Account Advantages and Disadvantages
Wisdom Capital
Religare
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.
Dedicated NRI Invest team and relationship managers to all NRIs.
Free research, recommendation and trading tips to NRIs.
NRIs can hedge the portfolio risk using futures and options trading facility.
Offers Mutual Fund services to NRIs
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.
Brokerage charges are higher in comparison to discount brokers like Zerodha, Tradejini , and Prostocks.
Religare doesn't offer automated trading to the investors.
Doesn't offer 3-in-1 accounts which means more paperwork for NRIs in opening bank accounts & PIS separately. Also, funds need to be transferred to the PIS enabled bank account before trading.
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.
Religare Broking Ltd is a good choice for NRIs who wants trading assistance as well as access to research reports to gain market insights. It has a dedicated research team that publishes incisive research reports to keep you updated on the latest trends in the economy and markets. It also offers good trading platforms with useful features like multiple stock tracking, instant order execution, and real-time streaming of quotes.
Promo / Offers
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Special Offer - Free Equity Delivery and Mutual Funds
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