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Wisdom Capital Vs Zerodha NRI Account Comparison

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

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

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

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Wisdom Capital Vs Zerodha

  Wisdom Capital Zerodha
 
  Wisdom Capital Logo Zerodha 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 Zerodha is a leading stock broker in India. The Bengaluru based stock broker offers online discount broking services to both resident and non-resident Indians (NRIs). Zerodha offers 2-in-1 accounts to NRIs which includes a trading and a demat account... Know more about Zerodha
Account Type NRI Trading NRI Account
Enquire Wisdom CapitalOpen Zerodha Account

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Wisdom Capital Vs Zerodha Charges

  Wisdom Capital Zerodha
NRI Account Opening Fees ₹500
NRI Account AMC ₹0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 999 (Lifetime) Rs 300
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Enquire Wisdom CapitalOpen Zerodha Account

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Wisdom Capital Vs Zerodha NRI Account Brokerage Comparison

Account Type Wisdom Capital NRI Trading Zerodha NRI Account
Equity Delivery 0.1% or max ₹200 per trade
Equity Futures ₹100 per trade
Equity Options ₹100 per trade
Enquire Wisdom CapitalOpen Zerodha Account

Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges Demat Account AMC: ₹300 yearly
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 Zerodha NRI Account Taxes/Fees

  Wisdom Capital Zerodha
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 Zerodha NRI Account Margin

  Wisdom Capital Margin Zerodha 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 Zerodha NRI Account Features

  Wisdom Capital Zerodha
3-in-1 Account No No
Automated Trading Yes No
Free Research And Tips Yes No
Other Features
Enquire Wisdom CapitalOpen Zerodha Account

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Wisdom Capital Vs Zerodha NRI Account Review

  Wisdom Capital Review Zerodha Review
  30 Customer Reviews    Rate Wisdom Capital 452 Customer Reviews    Rate Zerodha
Fees 4.0 3.7
Brokerage 4.2 4.3
Trading Platform 3.3 3.6
Customer Service 3.4 3.4
Overall Rating Rated 3.6 stars Rated 3.7 stars
Broker Rating Wisdom Capital is Rated 3.6 / 5 based on 30 customer reviews Zerodha is Rated 3.7 / 5 based on 452 customer reviews
Enquire Wisdom CapitalOpen Zerodha Account

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Contact Broker / Request A Call Back

  Wisdom Capital Enquire Zerodha Enquire
Contact Broker Leave your contact information and we will get in touch with you....
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 online with Zerodha and start trading today.
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Wisdom Capital Vs Zerodha NRI Investment Options

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

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Wisdom Capital Vs Zerodha NRI Customer Service

  Wisdom Capital Zerodha
Customer Care Number 1800-123-9343 +91 80 4718 1888
Customer Care Email accounts@wisdomcapital.in nridesk@zerodha.com
Enquire Wisdom CapitalOpen Zerodha Account

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Wisdom Capital Vs Zerodha Order Type Offered for NRI Account

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

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Wisdom Capital Vs Zerodha - NRI Account Advantages and Disadvantages

  Wisdom Capital Zerodha
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.
  1. Discount stock broker offer trading at a low brokerage charges. Zerodha charges ₹200 per order whereas full-service stock brokers charge on an average 0.75% of the order value. So, if you trade for ₹1 lakh, you pay ₹750 with a full-service stock broker whereas Zerodha will charge you ₹200.
  2. India's largest stock broker in terms of active customers.
  3. Offers access to best-in-industry trading software and tools.
  4. Supports HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank NRI Bank 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.
  1. Doesn't offer 3-in-1 accounts. Only offer trading and demat accounts. So, you have to first transfer funds from your PIS account to Zerodha trading account before trading.
  2. Doesn't offer Mutual Funds to NRI customers.
  3. Doesn't provide research reports or analysis.
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.

Zerodha comes across as a decent choice for NRIs looking to invest in stock markets in India and want to save on brokerage. The company offers best-in-the-industry trading platforms and tools. However, NRIs have to open bank accounts with HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank to open a Zerodha NRI account. It also doesn't offer mutual fund investment services to NRIs. It charges a low flat-fee brokerage which makes it an attractive choice for NRIs.

Promo / Offers

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment +
  • Trade with the best trading platform in India.

This is a limited-time offer. Open Instant Zerodha Account online and start trading today.

Enquire Wisdom CapitalOpen Zerodha Account

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