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.
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...
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...
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 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
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%
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)
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 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.
Wisdom Capital and AxisDirect NRI Account Features
Wisdom Capital
AxisDirect
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features
Wisdom Capital Vs AxisDirect NRI Account Review
Wisdom Capital Review
AxisDirect Review
30 Customer Reviews
83 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating
Wisdom Capital is Rated 3.6 / 5 based on 30 customer reviews
AxisDirect is Rated 2.0 / 5 based on 83 customer reviews
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
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
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
Wisdom Capital Vs AxisDirect Order Type Offered for NRI Account
Wisdom Capital
AxisDirect
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
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.
Offers 4-in-1 account for fast trading experience.
Offers online Mutual Fund, IPO and NCD services.
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.
Access to Trade-Passport, a detachable and secure Order Entry Panel, enables trading while researching on any financial website.
Free trading and investment recommendations.
Assistance from Relationship Managers.
GTC and AMO orders.
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.
The Axis brokerage plans are based on the trading value which makes it expensive over flat-fee brokerage charged by Zerodha, Tradeplus, etc.
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
