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Wisdom Capital Vs Tradeplus NRI Account Comparison

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

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

Our Wisdom Capital comparison with Tradeplus (Navia Markets Ltd) highlights the major differences between two brokers. Find the best between Wisdom Capital and Tradeplus NRI Account.

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Wisdom Capital Vs Tradeplus

  Wisdom Capital Tradeplus
 
  Wisdom Capital Logo Tradeplus (Navia Markets 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 Tradeplus is one of the first brokerage firms to offer online trading services to NRIs. Tradeplus offers 4-in-1 accounts which include NRI SB Account, NRI Demat account, NRI trading account, and PAN Account. The broker allows NRIs to open NRO account... Know more about Tradeplus (Navia Markets Ltd)
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.


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Wisdom Capital Vs Tradeplus Charges

  Wisdom Capital Tradeplus
NRI Account Opening Fees ₹500
NRI Account AMC ₹1000 p.a or ₹2500 Life Time AMC for 10yrs
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 999 (Lifetime) Rs 0
PIS Account AMC NA ₹1500
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Wisdom Capital Vs Tradeplus NRI Account Brokerage Comparison

Account Type Wisdom Capital NRI Trading Tradeplus NRI Account
Equity Delivery 0.40% for NRE and 0.10% for NRO
Equity Futures ₹49 per executed trade
Equity Options ₹49 per executed trade
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Other Charges

Contract Note Reporting Charges NA PIS- ₹150 and Non-PIS- ₹200
Other Brokerage Charges Regular plan: ₹200 per CRF; Direct Plan: No 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 Tradeplus NRI Account Taxes/Fees

  Wisdom Capital Tradeplus
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 Tradeplus NRI Account Margin

  Wisdom Capital Margin Tradeplus 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 Tradeplus NRI Account Features

  Wisdom Capital Tradeplus
3-in-1 Account No No
Automated Trading Yes No
Free Research And Tips Yes No
Other Features BTSL (Buy Today Sell Tomorrow) Order, Call & trade, ESOP trading
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Wisdom Capital Vs Tradeplus NRI Account Review

  Wisdom Capital Review Tradeplus Review
  30 Customer Reviews    Rate Wisdom Capital 37 Customer Reviews    Rate Tradeplus
Fees 4.0 3.4
Brokerage 4.2 4.1
Trading Platform 3.3 2.8
Customer Service 3.4 2.6
Overall Rating Rated 3.6 stars Rated 2.9 stars
Broker Rating Wisdom Capital is Rated 3.6 / 5 based on 30 customer reviews Tradeplus is Rated 2.9 / 5 based on 37 customer reviews
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Contact Broker / Request A Call Back

  Wisdom Capital Enquire Tradeplus 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.
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Wisdom Capital Vs Tradeplus NRI Investment Options

  Wisdom Capital Tradeplus
Stocks Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds Yes Yes
Other Investment Options IPO, ETFs, Bonds

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Wisdom Capital Vs Tradeplus NRI Customer Service

  Wisdom Capital Tradeplus
Customer Care Number 1800-123-9343 + 91 44 39189469 / 470
Customer Care Email accounts@wisdomcapital.in nri@tradeplusonline.com
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Wisdom Capital Vs Tradeplus Order Type Offered for NRI Account

  Wisdom Capital Tradeplus
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 Tradeplus - NRI Account Advantages and Disadvantages

  Wisdom Capital Tradeplus
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.
  • Experience of 15+ years in providing NRI financial services.
  • Offers a 4-in-1 trading account.
  • ESOP Trading is allowed for NRIs.
  • Margin trading and BTST (Buy Today and Sell Tomorrow) are offered for NRO 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.
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.

Tradeplus is an excellent choice for NRI traders who want to trade using their NRO accounts. For such investors, the broker provides special facilities like margin trading and BTST (Buy Today and Sell Tomorrow) under NRO accounts which is not available with any other stock broker. The discount broker offers a 4-in-1 account in collaboration with Yes, HDFC and Axis bank which makes trading more convenient. However, the charges for call & trade services are on a higher side.

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

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
Open Tradeplus Account

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