Wisdom Capital Vs IDBI Capital NRI Account Comparison
The side-by-side comparison of Wisdom Capital and IDBI Capital NRI Account. Compare Wisdom Capital Vs IDBI Capital NRI Account brokerage charges, exposure margin, demat account and AMC. Read IDBI Capital and Wisdom Capital NRI Account reviews.
Find out Wisdom Capital Vs IDBI Capital which is better NRI Trading Account. See Wisdom Capital Vs IDBI Capital which is best NRI Demat Account.
Our Wisdom Capital comparison with IDBI Capital Markets and Securities Ltd highlights the major differences between two brokers. Find the best between Wisdom Capital and IDBI Capital 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...
IDBI Bank, a leading private bank in India, offers a wide range of investment options to NRIs through a 3-in-1 account. IDBI Bank offers banking, loans, capital market, PMS, etc. services to NRIs. With the IDBI Bank PIS account, NRIs can buy/sell sha...
Account Type
NRI Trading
NRI Trading
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 IDBI Capital Charges
Wisdom Capital
IDBI Capital
NRI Account Opening Fees
₹1500
NRI Account AMC
₹0
NRI Demat Account Opening Fees
Rs 0 (Free)
NIL
NRI Demat Account AMC
Rs 999 (Lifetime)
Rs 450
PIS Account AMC
NA
RBI approval for PIS (One time)
₹500 + GST
₹500 + GST
Wisdom Capital Vs IDBI Capital NRI Account Brokerage Comparison
Account Type
Wisdom Capital NRI Trading
IDBI Capital NRI Trading
Equity Delivery
0.50%
Equity Futures
Equity Options
Other Charges
Contract Note Reporting Charges
NA
Other Brokerage Charges
Processing Charge: ₹75 per transaction
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 IDBI Capital NRI Account Taxes/Fees
Wisdom Capital
IDBI Capital
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 IDBI Capital NRI Account Margin
Wisdom Capital Margin
IDBI Capital 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 IDBI Capital NRI Account Features
Wisdom Capital
IDBI Capital
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features
Wisdom Capital Vs IDBI Capital NRI Account Review
Wisdom Capital Review
IDBI Capital Review
30 Customer Reviews
41 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating
Wisdom Capital is Rated 3.6 / 5 based on 30 customer reviews
IDBI Capital is Rated 2.6 / 5 based on 41 customer reviews
Contact Broker / Request A Call Back
Wisdom Capital Enquire
IDBI Capital 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 IDBI Capital NRI Investment Options
Wisdom Capital
IDBI Capital
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
Wisdom Capital Vs IDBI Capital NRI Customer Service
Wisdom Capital
IDBI Capital
Customer Care Number
1800-123-9343
1800-22-3366, 022-3913 5001
Customer Care Email
accounts@wisdomcapital.in
custcare@idbidirect.in
Wisdom Capital Vs IDBI Capital Order Type Offered for NRI Account
Wisdom Capital
IDBI Capital
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Wisdom Capital Vs IDBI Capital - NRI Account Advantages and Disadvantages
Wisdom Capital
IDBI Capital
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.
Offers 3-in-1 accounts which makes the trading experience fast and smooth.
Provides research and recommendation tips.
Offers instant online account opening facility.
Works as a custodial to settle equity derivatives trades for NRIs.
Offers in-house mutual funds under different segments.
After Market Order (AMO) facility.
Equity SIP is available.
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 comparatively higher than discount brokers.
Online trading is not available to USA and Canada based NRIs.
Offers comparatively lower interest rates on NRI savings bank account.
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.
IDBI is a full-service broker offering a range of investment options to NRIs. IDBI NRI 3-in-1 Account makes stock market investment simple and hassle-free. NRIs also get RM assistance and investment advice from experts. It has a network across 40+ countries to offer NRI services. The broker also works as a custodian for trade clearance and settlement which reduces the extra cost for NRIs. IDBI is recommended for NRIs who are a casual investor and prefer convenience over the trading costs.
Promo / Offers
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