The side-by-side comparison of Wisdom Capital and Finvasia NRI Account. Compare Wisdom Capital Vs Finvasia NRI Account brokerage charges, exposure margin, demat account and AMC. Read Finvasia and Wisdom Capital NRI Account reviews.
Find out Wisdom Capital Vs Finvasia which is better NRI Trading Account. See Wisdom Capital Vs Finvasia which is best NRI Demat Account.
Our Wisdom Capital comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Wisdom Capital and Finvasia 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...
Finvasia offers online trading services to NRIs in equity, mutual funds, IPOs and equity F&O. It offers 2-in-1 account, combining a trading and a demat account, to NRIs to invest in various securities across NSE and BSE.
Finvasia is the only broker ...
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 Finvasia Charges
Wisdom Capital
Finvasia
NRI Account Opening Fees
₹199
NRI Account AMC
₹0
NRI Demat Account Opening Fees
Rs 0 (Free)
Rs 0 (Free)
NRI Demat Account AMC
Rs 999 (Lifetime)
Rs 0 per year (Lifetime Zero AMC)
PIS Account AMC
NA
NA
RBI approval for PIS (One time)
₹500 + GST
₹500 + GST
Wisdom Capital Vs Finvasia NRI Account Brokerage Comparison
Account Type
Wisdom Capital NRI Trading
Finvasia NRI Account
Equity Delivery
₹0
Equity Futures
₹0
Equity Options
₹0
Other Charges
Contract Note Reporting Charges
NA
NA
Other Brokerage Charges
₹0
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 Finvasia NRI Account Taxes/Fees
Wisdom Capital
Finvasia
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 Finvasia NRI Account Margin
Wisdom Capital Margin
Finvasia 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 Finvasia NRI Account Features
Wisdom Capital
Finvasia
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features
Wisdom Capital Vs Finvasia NRI Account Review
Wisdom Capital Review
Finvasia Review
30 Customer Reviews
54 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating
Wisdom Capital is Rated 3.6 / 5 based on 30 customer reviews
Finvasia is Rated 4.4 / 5 based on 54 customer reviews
Contact Broker / Request A Call Back
Wisdom Capital Enquire
Finvasia 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 Finvasia NRI Investment Options
Wisdom Capital
Finvasia
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
Wisdom Capital Vs Finvasia NRI Customer Service
Wisdom Capital
Finvasia
Customer Care Number
1800-123-9343
+91 172 667 0000
Customer Care Email
accounts@wisdomcapital.in
contactus@finvasia.com
Wisdom Capital Vs Finvasia Order Type Offered for NRI Account
Wisdom Capital
Finvasia
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Wisdom Capital Vs Finvasia - NRI Account Advantages and Disadvantages
Wisdom Capital
Finvasia
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.
Charges zero brokerage to NRIs on Equity, Derivatives and Mutual Fund.
Finvasia is a trading and clearing member. NRIs can save custodial charges given to 3rd party.
NRIs get access to many advanced trading platforms. Some are free while others have a subscription fee.
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.
Finvasia charges technology costs to provide access to some of the trading platforms.
It doesn't offer 3-in-1 account to NRIs. The NRIs have to open the NRI Bank Account with Yes Bank or Axis Bank.
Despite 3+ years in business, many products are yet to be launched i.e. Margin Funding.
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.
Finvasia is an excellent choice for frequent NRI traders as it doesn't change any brokerage fee. The online trading platform it offers is the industry standard. Advance trading tools are also available. It also offers Algo trading platform to NRIs. Finvaisa also provides demat account and clearing services at a very low price. Finvasia has offices in the UK and Canada.
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