Chittorgarh.com Logo
Loading...

Wisdom Capital Vs AxisDirect NRI Account Comparison

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

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

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

Expand

Wisdom Capital Vs AxisDirect

  Wisdom Capital AxisDirect
 
  Wisdom Capital Logo Axis Securities 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 Axis Bank, the 3rd largest private bank in India, offers a 4-in-1 account to NRI customers. This account is a combination of a PIS & Non-PIS Bank Account, Trading Account, and Demat Account. Axis Bank has 10 international branch offices across the w... Know more about Axis Securities
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.


Expand

Wisdom Capital Vs AxisDirect Charges

  Wisdom Capital AxisDirect
NRI Account Opening Fees ₹2500
NRI Account AMC ₹0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 999 (Lifetime) Rs 650
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST

Expand

Wisdom Capital Vs AxisDirect NRI Account Brokerage Comparison

Account Type Wisdom Capital NRI Trading AxisDirect NRI Account
Equity Delivery 0.75%
Equity Futures 0.05%
Equity Options Intraday: 1p per lot, Carry Forward: ₹10 per lot

Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges PIS Acct AMC: ₹1,500, Minimum Brokerage ₹50
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 AxisDirect NRI Account Taxes/Fees

  Wisdom Capital AxisDirect
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 AxisDirect NRI Account Margin

  Wisdom Capital Margin AxisDirect 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 AxisDirect NRI Account Features

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

Expand

Wisdom Capital Vs AxisDirect NRI Account Review

  Wisdom Capital Review AxisDirect Review
  30 Customer Reviews    Rate Wisdom Capital 84 Customer Reviews    Rate AxisDirect
Fees 4.0 2.0
Brokerage 4.2 1.8
Trading Platform 3.3 2.6
Customer Service 3.4 2.2
Overall Rating Rated 3.6 stars Rated 2.0 stars
Broker Rating Wisdom Capital is Rated 3.6 / 5 based on 30 customer reviews AxisDirect is Rated 2.0 / 5 based on 84 customer reviews

Expand

Contact Broker / Request A Call Back

  Wisdom Capital Enquire AxisDirect 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 AxisDirect NRI Investment Options

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

Expand

Wisdom Capital Vs AxisDirect NRI Customer Service

  Wisdom Capital AxisDirect
Customer Care Number 1800-123-9343 +91 22 4257 0809
Customer Care Email accounts@wisdomcapital.in

Expand

Wisdom Capital Vs AxisDirect Order Type Offered for NRI Account

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

Expand

Wisdom Capital Vs AxisDirect - NRI Account Advantages and Disadvantages

  Wisdom Capital AxisDirect
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. Offers 4-in-1 account for fast trading experience.
  2. Offers online Mutual Fund, IPO and NCD services.
  3. One-click Trade through Intelligent Order Entry Panel, a unique integrated order entry panel that informs you on your capital gains before placing the trade.
  4. Access to Trade-Passport, a detachable and secure Order Entry Panel, enables trading while researching on any financial website.
  5. Free trading and investment recommendations.
  6. Assistance from Relationship Managers.
  7. GTC and AMO orders.
  8. A subsidiary of the reputed Axis Bank.
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. The Axis brokerage plans are based on the trading value which makes it expensive over flat-fee brokerage charged by Zerodha, Tradeplus, etc.
  2. Axis does not provide online trading facility to USA based NRI clients.
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.

AxisDirect is a good choice as a stock broker for NRIs looking to invest in stocks, derivatives, mutual funds and IPOs in India. The company offers 4-in-1 account and good trading software and investment tools to its customers. Also, the brokerage charges of the company are competitive among full-service brokers. Axis provides many customer-friendly features to NRIs like AMO orders, Call & Trade and Relationship Manager for quick assistance.

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

Comments

Add a public comment...

Compare More Brokers: