Loading...

Wisdom Capital Vs Anand Rathi NRI Account Comparison

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

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

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

Expand

Wisdom Capital Vs Anand Rathi

  Wisdom Capital Anand Rathi
 
  Wisdom Capital Logo Anand Rathi 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 Anand Rathi offers NRI Trading Account that enables NRIs to invest in Stocks, Mutual Funds, ETFs and Debt Funds in India Stock Markets. Anand Rathi is a full-service broker offering a wide range of services to NRIs. This includes online trading/inves... Know more about Anand Rathi
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.

Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research Request a Callback.

Expand

Wisdom Capital Vs Anand Rathi Charges

  Wisdom Capital Anand Rathi
NRI Account Opening Fees Rs 0
NRI Account AMC Rs 0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0 (Free)
NRI Demat Account AMC Rs 999 (Lifetime) Rs 450 (1st year free)
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Open Anand Rathi Account

Expand

Wisdom Capital Vs Anand Rathi NRI Account Brokerage Comparison

Account Type Wisdom Capital NRI Trading Anand Rathi NRI Account
Equity Delivery 0.30%
Equity Futures 0.03%
Equity Options Rs 50 per lot
Open Anand Rathi Account

Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges Demat AMC: Rs 450 per year
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 Anand Rathi NRI Account Taxes/Fees

  Wisdom Capital Anand Rathi
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 Anand Rathi NRI Account Margin

  Wisdom Capital Margin Anand Rathi 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 Anand Rathi NRI Account Features

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

Expand

Wisdom Capital Vs Anand Rathi NRI Account Review

  Wisdom Capital Review Anand Rathi Review
  30 Customer Reviews    Rate Wisdom Capital 17 Customer Reviews    Rate Anand Rathi
Fees 4.0 3.1
Brokerage 4.2 3.2
Trading Platform 3.3 3.1
Customer Service 3.4 3.3
Overall Rating Rated 3.6 stars Rated 3.1 stars
Broker Rating Wisdom Capital is Rated 3.6 / 5 based on 30 customer reviews Anand Rathi is Rated 3.1 / 5 based on 17 customer reviews
Open Anand Rathi Account

Expand

Contact Broker / Request A Call Back

  Wisdom Capital Enquire Anand Rathi 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 Request a Callback.
*

Wisdom Capital Vs Anand Rathi NRI Investment Options

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

Expand

Wisdom Capital Vs Anand Rathi NRI Customer Service

  Wisdom Capital Anand Rathi
Customer Care Number 1800-123-9343 0291 666 1001
Customer Care Email accounts@wisdomcapital.in nridesk@rathi.com
Open Anand Rathi Account

Expand

Wisdom Capital Vs Anand Rathi Order Type Offered for NRI Account

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

Expand

Wisdom Capital Vs Anand Rathi - NRI Account Advantages and Disadvantages

  Wisdom Capital Anand Rathi
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.
  • Advanced online trading platforms.
  • Wide range of online trading platforms
  • Offers research and recommendation tips.
  • Offers Relationship Manager assistance
  • Offers free call & trade facility for NRIs.
  • Can open PIS account with multiple banks.
  • Online Mutual Fund investment 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.
  • Charges brokerage in percentage which is higher than most of the discount brokers.
  • It only offers a 2-in-1 account which means NRIs have to open NRI SB and PIS accounts with other banks.
  • NRIs have to depend on ICCL (3-rd party custodial) for trade settlement. This increases the cost of trading.
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.

Anand Rathi is a recommended choice for NRI investors. Anand Rathi offers value-added services like excellent online trading software, online mutual fund services and research advisory etc. Anand Rathi is a full-service broker offering a wide range of services for NRIs and resident investors. They offer wealth management, advisory, investment, portfolio management, and insurance services. NRIs have to open the NRI SB account and custodial account with a 3rd party before opening the NRI trading and demat account with the broker.

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

Anand Rathi Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.

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

Open Anand Rathi Account

Comments

Add a public comment...

Compare Wisdom Capital Compare Anand Rathi
Compare More Brokers: