Loading...

Wisdom Capital Vs Sharekhan NRI Account Comparison

The side-by-side comparison of Wisdom Capital and Sharekhan NRI Account. Compare Wisdom Capital Vs Sharekhan NRI Account brokerage charges, exposure margin, demat account and AMC. Read Sharekhan and Wisdom Capital NRI Account reviews.

Find out Wisdom Capital Vs Sharekhan which is better NRI Trading Account. See Wisdom Capital Vs Sharekhan which is best NRI Demat Account.

Our Wisdom Capital comparison with Sharekhan highlights the major differences between two brokers. Find the best between Wisdom Capital and Sharekhan NRI Account.

Expand

Wisdom Capital Vs Sharekhan

  Wisdom Capital Sharekhan
 
  Wisdom Capital Logo Sharekhan 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 Sharekhan, a leading full-service broker in India, offers NRI Stock Trading and Demat accounts to NRI, PIO and OCI customers. Sharekhan offers a 3-in-1 NRI Trading account in partnership with Axis, Indusind, IDBI and HDFC Bank. This account comprises... Know more about Sharekhan
Account Type NRI Trading Sharekhan 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.

Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.

Expand

Wisdom Capital Vs Sharekhan Charges

  Wisdom Capital Sharekhan
NRI Account Opening Fees ₹2000
NRI Account AMC ₹3000
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0 (Free)
NRI Demat Account AMC Rs 999 (Lifetime) Rs 400 (Free for 1st year)
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Open Sharekhan Account

Expand

Wisdom Capital Vs Sharekhan NRI Account Brokerage Comparison

Account Type Wisdom Capital NRI Trading Sharekhan Sharekhan NRI Account
Equity Delivery 0.50%
Equity Futures 0.1% on first leg and 0.02% on second leg
Equity Options ₹250 per contract note
Open Sharekhan Account

Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges PIS Acct AMC: ₹1000
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%
Expand

Wisdom Capital Vs Sharekhan NRI Account Taxes/Fees

  Wisdom Capital Sharekhan
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.

Expand

Wisdom Capital Vs Sharekhan NRI Account Margin

  Wisdom Capital Margin Sharekhan 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.


Expand

Wisdom Capital and Sharekhan NRI Account Features

  Wisdom Capital Sharekhan
3-in-1 Account No No
Automated Trading Yes No
Free Research And Tips Yes Yes
Other Features Call & Trade, Dedicated Relationship Manager, Branch Support
Open Sharekhan Account

Expand

Wisdom Capital Vs Sharekhan NRI Account Review

  Wisdom Capital Review Sharekhan Review
  30 Customer Reviews    Rate Wisdom Capital 310 Customer Reviews    Rate Sharekhan
Fees 4.0 3.0
Brokerage 4.2 2.8
Trading Platform 3.3 3.7
Customer Service 3.4 3.3
Overall Rating Rated 3.6 stars Rated 3.3 stars
Broker Rating Wisdom Capital is Rated 3.6 / 5 based on 30 customer reviews Sharekhan is Rated 3.3 / 5 based on 310 customer reviews
Open Sharekhan Account

Expand

Contact Broker / Request A Call Back

  Wisdom Capital Enquire Sharekhan 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. Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.
*

Wisdom Capital Vs Sharekhan NRI Investment Options

  Wisdom Capital Sharekhan
Stocks Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds Yes Yes
Other Investment Options PMS, Wealth Management

Expand

Wisdom Capital Vs Sharekhan NRI Customer Service

  Wisdom Capital Sharekhan
Customer Care Number 1800-123-9343 +91 022 6518500
Customer Care Email accounts@wisdomcapital.in nridesk@sharekhan.com
Open Sharekhan Account

Expand

Wisdom Capital Vs Sharekhan Order Type Offered for NRI Account

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

Expand

Wisdom Capital Vs Sharekhan - NRI Account Advantages and Disadvantages

  Wisdom Capital Sharekhan
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. One of the largest stock brokers in India.
  2. Easy trading experience for NRI with 3 in 1 account.
  3. Offers advanced trading platforms in desktop, mobile, and web versions.
  4. Offers online Mutual Funds, IPOs and Bonds.
  5. Offers PMS services for wealth management
  6. A dedicated relationship manager to each NRI customer.
  7. Offers hand holding to beginners in the stock market.
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. 3 in 1 account facility is only available with select banks (Axis, HDFC, IDBI, and Indusind)
  2. Brokerage and account opening charges are higher when compared to other full-service brokers.
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.

Sharekhan is a good choice as a stock broker for NRIs. It offers a full range of financial services to NRIs including a hassle-free 3-in-1 trading account, research services, investments in Mutual Funds, IPOs, NCDs and also PMS. GTC and AMO order along with Call & Trade facility help NRIs to place orders in their convenient timings.

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

Sharekhan Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • 1 Year FREE access to TradeTiger Trading Terminal.

This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

Open Sharekhan Account

Comments

Add a public comment...

Compare More Brokers: