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Wisdom Capital Vs Achiievers NRI Account Comparison

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

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

Our Wisdom Capital comparison with Achiievers Equities Ltd highlights the major differences between two brokers. Find the best between Wisdom Capital and Achiievers NRI Account.

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Wisdom Capital Vs Achiievers

  Wisdom Capital Achiievers
 
  Wisdom Capital Logo Achiievers Equities Ltd 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 Achiievers Equities Ltd is a discount broker offering investment services to the resident as well as non-resident investors. It offers a 2-in-1 account, integrating trading and demat accounts, for all types of investors. NRIs can use the account to t... Know more about Achiievers Equities Ltd
Account Type NRI Trading NRI Trading
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Wisdom Capital Vs Achiievers Charges

  Wisdom Capital Achiievers
NRI Account Opening Fees
NRI Account AMC
NRI Demat Account Opening Fees Rs 0 (Free) Nil
NRI Demat Account AMC Rs 999 (Lifetime) Rs 400
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Wisdom Capital Vs Achiievers NRI Account Brokerage Comparison

Account Type Wisdom Capital NRI Trading Achiievers NRI Trading
Equity Delivery 0.50%
Equity Futures NA
Equity Options NA
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Other Charges

Contract Note Reporting Charges NA NA
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%
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Wisdom Capital Vs Achiievers NRI Account Taxes/Fees

  Wisdom Capital Achiievers
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.

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Wisdom Capital Vs Achiievers NRI Account Margin

  Wisdom Capital Margin Achiievers 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.


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Wisdom Capital and Achiievers NRI Account Features

  Wisdom Capital Achiievers
3-in-1 Account No No
Automated Trading Yes No
Free Research And Tips Yes No
Other Features
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Wisdom Capital Vs Achiievers NRI Account Review

  Wisdom Capital Review Achiievers Review
  30 Customer Reviews    Rate Wisdom Capital 5 Customer Reviews    Rate Achiievers
Fees 4.0 4.6
Brokerage 4.2 5.0
Trading Platform 3.3 4.2
Customer Service 3.4 4.2
Overall Rating Rated 3.6 stars Rated 4.6 stars
Broker Rating Wisdom Capital is Rated 3.6 / 5 based on 30 customer reviews Achiievers is Rated 4.6 / 5 based on 5 customer reviews
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Contact Broker / Request A Call Back

  Wisdom Capital Enquire Achiievers Enquire
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Wisdom Capital Vs Achiievers NRI Investment Options

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

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Wisdom Capital Vs Achiievers NRI Customer Service

  Wisdom Capital Achiievers
Customer Care Number 1800-123-9343 +91 33 6606 3000
Customer Care Email accounts@wisdomcapital.in customer.care@achiieversequitiesltd.com
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Wisdom Capital Vs Achiievers Order Type Offered for NRI Account

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

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Wisdom Capital Vs Achiievers - NRI Account Advantages and Disadvantages

  Wisdom Capital Achiievers
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.
  • A dedicated desk for NRI clients.
  • Provides diverse research reports for NRI investors based on their needs. Achiievers is one of the few discount brokers to offer research reports.
  • Offers access to NSE NOW trading platforms in mobile, installable trading terminal and web.
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.
  • Doesn't allow trade in the equity derivative segment.
  • Doesn't allow investment in mutual fund and IPO.
  • Charge a very high brokerage fee of 0.50% of the transaction value.
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.

Achiievers Equities is a discount stock broker but it doesn't offer discounted brokerage rates to NRIs. It also doesn't offer Equity F&O trading, Mutual Fund, IPO and Bonds. There are many other brokers available with better pricing, tools and multiple investment options under the same account.

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