Wisdom Capital Vs SBI Securities NRI Account Comparison
The side-by-side comparison of Wisdom Capital and SBI Securities NRI Account. Compare Wisdom Capital Vs SBI Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read SBI Securities and Wisdom Capital NRI Account reviews.
Find out Wisdom Capital Vs SBI Securities which is better NRI Trading Account. See Wisdom Capital Vs SBI Securities which is best NRI Demat Account.
Our Wisdom Capital comparison with SBICAP Securities Ltd highlights the major differences between two brokers. Find the best between Wisdom Capital and SBI Securities 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...
State Bank of India (SBI) offers a range of trading and investment services to NRIs through an NRI 3 in 1 account. The account helps NRIs to trade and invest in Equity, Derivatives, Mutual Funds, Depository services, and a variety of Third Party Dist...
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 SBI Securities Charges
Wisdom Capital
SBI Securities
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 350
PIS Account AMC
NA
₹900
RBI approval for PIS (One time)
₹500 + GST
₹500 + GST
Wisdom Capital Vs SBI Securities NRI Account Brokerage Comparison
Account Type
Wisdom Capital NRI Trading
SBI Securities NRI Account
Equity Delivery
0.75%
Equity Futures
Equity Options
Other Charges
Contract Note Reporting Charges
NA
₹0
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%
Wisdom Capital Vs SBI Securities NRI Account Taxes/Fees
Wisdom Capital
SBI Securities
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 SBI Securities NRI Account Margin
Wisdom Capital Margin
SBI Securities 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 SBI Securities NRI Account Features
Wisdom Capital
SBI Securities
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features
Wisdom Capital Vs SBI Securities NRI Account Review
Wisdom Capital Review
SBI Securities Review
30 Customer Reviews
155 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating
Wisdom Capital is Rated 3.6 / 5 based on 30 customer reviews
SBI Securities is Rated 2.5 / 5 based on 155 customer reviews
Contact Broker / Request A Call Back
Wisdom Capital Enquire
SBI Securities 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 SBI Securities NRI Investment Options
Wisdom Capital
SBI Securities
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
Derivatives, FD
Wisdom Capital Vs SBI Securities NRI Customer Service
Wisdom Capital
SBI Securities
Customer Care Number
1800-123-9343
+91 22 6153 6900
Customer Care Email
accounts@wisdomcapital.in
nri@sbicapsec.com
Wisdom Capital Vs SBI Securities Order Type Offered for NRI Account
Wisdom Capital
SBI Securities
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Wisdom Capital Vs SBI Securities - NRI Account Advantages and Disadvantages
Wisdom Capital
SBI Securities
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.
The largest bank in India with the highest number of branches.
Offer 3 in 1 account for convenient online trading
Free expert recommendations on trading & investments
Assistance from Relationship Managers
SBI securities NRI opening fees are lowest among full-service brokers.
Mutual fund services are available to NRIs who don't have a trading account.
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.
Only Equity-based mutual funds are available for online investment. For other types of Mutual Funds, NRIs can only apply using a physical form.
The brokerage rates are higher when compared with discount brokers like Zerodha and Prostocks.
Doesn't offer Good-till canceled (GTC) order.
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.
SBI has one of the largest branch networks among Indian banks in the world. This helps NRIs in availing in-person services on their country or city of residence. The brokerage rates charged by the company are competitive among full-service brokers. The 3-in-1 account, online trading, free research and advisory, Mutual Fund, FD and IPO investment make them attractive to most NRIs.
Promo / Offers
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Special Offer - Free Equity Delivery and Mutual Funds
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