With India’s growing economy and diversity in investment scopes, NRIs can be involved in trading without any hiccups.
Following this trend, Mr Vishesh Dhingra’s Marketwolf simplified NRI investment like a cakewalk. Aiming to create a global audience, the firm ensures its sound presence in Mumbai and Singapore.
The Marketwolf NRI account review highlights cost-effective and efficient solutions for NRIs entering Indian markets.
However, thoroughly examining Marketwolf NRI account charges is crucial, helping investors plan their investments effectively.
Broker Type | Discount Broker |
Account Opening Charges | Free |
AMC | Rs.1000 + 18% GST |
Delivery Trading | Allowed |
MF Investment | Allowed |
Why Invest with Marketwolf NRI Account?
- Marketwolf NRI account offers a quick and intelligent process resulting in 10x growth of active users.
- In addition, the firm always aims to dissolve entry barriers, helping investors feel comfortable trading in the domestic market.
- Excellent scope for newbies; Marketwolf breaks the barriers of Indian markets for new investors.
- A clear and powerful policy against fraud and terror finance, keeping investors’ money with the advanced and secured process.
- In addition, there are zero account opening charges. However, AMC’s cost is ₹1,000, excluding GST.
- Modern tech helps it provide real-time market insights, assisting NRIs to obtain more accurate data.
In a nutshell, Marketwolf ensures regulatory guidelines, competitive brokerage, and an advanced trading platform for NRIs.
Marketwolf NRI Account Opening Charges
Account Opening Charges
Annual Maintenance Charges (AMC)
Suppose you are considering entering the Indian capital market from afar but are worried about the charges! With Marketwolf, you can forget about account opening charges.
Say goodbye to hidden fees, and welcome to a smooth world of trading for NRIs. With the start of free account opening, investors can focus only on investment from day one.
However, a nominal AMC charge ₹1,000 is applied with 18% GST. Marketwolf NRI account AMC rates are nominal, making the platform ideal for NRIs seeking pocket-friendly solutions.
So, claim your free NRI account today and explore the exciting world of the Indian securities market.
Remember, it ensures a safe and secure trading system. So, it’s high time to embrace freedom and start with Marketwolf.
Marketwolf NRI Account Brokerage Charges
Equity Delivery (PIS)
Equity Delivery (Non-PIS)
Equity Intraday
Equity Future
Equity Option
Commodity Future
Commodity Option
Currency Future
Currency Option
First off, let’s check the brokerage structure. There are no hidden surprises for NRI traders. From day one, Marketwolf NRI account brokerage is crystal clear.
They maintain an actual competitive structure when it comes to fees or brokerage. It would not make an investor’s wallet cry at the end of each fiscal year.
If you use the PIS route under Equity delivery, a flat amount of ₹100 is counted for each trade. For small traders without PIS, it’s ₹50 per trade, an easy-on investor’s pocket.
If you are eyeing Equity futures, they charge flat ₹75 for each trade, helping to manage large volumes. Lastly, the investors can dive into Equity options with only ₹100 per trade.
So, whether you are playing for a long or a short period, Marketwolf always supports you with clear-cut charges.
Plus, the whole platform is user-friendly; even a nonfinance guru can make an easy ride without primary knowledge and brokerage.
How to Open Marketwolf NRI Account?
Ready to unlock India’s vibrant trade market as an NRI? Here is a step-by-step guide to opening a Marketwolf NRI account.
- Anyone can open their NRI account with Marketwolf. You need to scroll down the webpage.
- Select ” NRI account,” enter all your details, and upload your documents as per instructions. An authorised person will call you back for further processing.
- After verification and AMC payment, your account is active. It is good to have all scanned copies for submission. Sometimes, an email is an excellent option to attach documents and verify them from the helpline number.
- Always double-check your inputs before the final click. Remember, a dedicated support team can assist if you have any doubts or need clarification.
Documents required to Open Marketwolf NRI Demat & Trading Account
NRI Account Opening Form
PAN Card of NRI
Overseas Address Proof
Indian Address Proof
NRE or NRO Bank a/c Cancelled Cheque
OCI / PIO Card
Valid Passport
Valid VISA
PIS Letter from Bank
Passport Size Photograph
Account Opening Charges Cheque
Demat Opening Fee Cheque
To open a Marketwolf non-resident Indian account, use these essential papers.
- Firstly, please fill out and sign the account opening form; it’s your wild card!
- PAN card: This is a must. You must show them where you lived abroad— proof of overseas address.
- In addition, you need address proof in India. They consider Aadhaar, Driving License, or Passport.
- Add some financial papers like a cancelled cheque from your NRE or NRO Bank account.
- Also, unfold the OCI/PIO card and updated Visa.
- For a smooth process, grab the PIS letter from the bank and cut mandatory cheques for the Demat account.
With these in hand, you’re all set to start the NRI trading with Marketwolf!
Marketwolf NRI Account – Top Features
If you consider Marketwolf for NRI, here is why it is a prudent decision:
- Since 2017, Marketwolf has had an investor-friendly practice for domestic or global players.
- Get the best suggestions and live commentary on indices and stocks, helping newbies make informed decisions.
- Also, they support you in your tough times with zero brokerage on loss-making trades.
- The door is open for primary-level investors with low capital risk — from zero brokerage to a flat fee on each trade, which presents a clear-cut fee structure.
- Take advantage of tax benefits for NRI from expert guidance to save more.
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Marketwolf NRI Demat Account - Products Provided
Equity Delivery
Equity Intraday
Equity Option
Equity Future
Commodity Option
Commodity Future
Currency Option
Currency Future
Mutual Funds
Let’s check the products and benefits you get from the Marketwolf NRI Demat account. If you have decided to hold stocks long-term, get a thumbs up with Equity delivery.
But if investors want to go for quick-in and quick-out tactics, I am sorry to inform them there is no Equity Intraday.
Now, for Options lovers — Equity options and Equity Futures are a definite green signal. But Commodity Options, Commodity Futures, Currency Options, and Currency Futures are not listed in the product line.
If you are eyeing Mutual Funds, the firm has got you covered. So, whether NRIs plan with options or build diversified portfolios, the Marketwolf Demat account serves up a productive menu that suits their investment goal.
Marketwolf NRI Trading Account - Services Provided
Demat Services
Trading Services
Intraday Services
F&O Services
IPO Services
PMS or PCG
It’s time to check what the Marketwolf NRI Trading account brings. Marketwolf understands the unique needs of NRIs.
They provide a secure Demat account to store shares virtually; there is no need for physical certificates. Also, traders can buy and sell orders across the asset classes with equities and MFs.
In addition, enjoy hedging your portfolio with F&O options. Traders can also participate in IPOs to grab the best one with early bird advantages. Currently, it does not offer PMS and PCG services for NRI accounts.
So, Marketwolf ensures NRIs with all the essentials for holding, trading, IPO scopes, and various market offerings to grow their portfolios in every weather.
That is prohibited if you aim for a quick move with Intraday service.
Marketwolf NRI Desk Helpline & Support
NRI Customer Care Number
NRI Email Support
Trading Support
Dedicated Dealer
Website Support
Facebook Support
Whatsapp Support
Twitter Support
Telegram Support
Marketwolf’s NRI support or help desk has a dedicated team of professionals. Call the NRI Customer Care number at 7021723249 if you need immediate support.
However, traders should shoot a quick email to [email protected] for a detailed solution. Now, here is the question of real-time support while trading.
Unfortunately, no personal support or trade advisor can hold your hand. However, Marketwolf offers web support with an active link.
For social media savvy, they can connect with Facebook, Twitter, and Telegram — click the provided links.
Need quick answers amid a busy schedule? Drop a text message on WhatsApp at 7827646482. So, Marketwolf’s NRI desk ensures multiple channels for prompt support to investors.
Marketwolf NRI App & Trading Platforms
Android App
iOS App
Web Trading Platform
Trading Terminal
Algo Trading Platform
Foreign Stocks Trading Platform
Basket Trading Platform
Mutual Fund Investment Platform
With a solid user base of 1 million and worth 3.6 ratings, Marketwolf’s NRI trading platform on Android is a popular choice among NRI traders.
Not only limited to Playstore but also Marketwolf NRI App has a commendable score in the iOS market. Here are some advantages of using the App and other Trading Platform:
- Executing trades becomes an easy task with the App’s fast functionality.
- Set your risk and reward levels before moving with the Apps
- A mere three taps are enough to execute a trade.
- Intelligent risk management is at your fingertips; set it per your goal
- Get back your hard-earned money with light-fast speed — no waiting game is there.
- A foreign trading platform is unavailable but compensates with a Basket trading platform.
- For Mutual Fund enthusiasts, Marketwolf’s platform covers this section.
Marketwolf NRI Account - Research & Advisory
Fundamental Reports
IPO Reports
Technical Reports
Stock Tips
Daily Top Stock Picks
Relationship Manager
Robo Advisory
Regarding Research & Advisory, Marketwolf advisory for NRI is simple and short. If you are looking for in-depth reports, it’s outside their radar.
Similarly, IPO and tech reports are not on the list. Investors may need independent research as there are no stock tips options present.
It is good to have access to other brokerage portals, news websites, and financial blogs. A dedicated RM and Robo advisory is unavailable, but the NRI desk can help with general guidelines.
While Marketwolf does not flood investors with tips and advice, it keeps things intelligent and fast. However, traders may need additional tools and personalized support.
Marketwolf NRI Charges
If you have decided to join the platform, consider Marketwolf’s hidden charges for NRIs:
- The charge for the equity delivery option is a modest 0.015% on the buy side. For example, on a ₹10,000 equity delivery transaction, stamp duty is ₹1.50 only.
- If you are looking for an Equity future, the amount is 0.002% on the buy side.
- And if equity options are traders’ game, they are looking at 0.03% on the buy. Suppose an Equity option with a premium of ₹5,000 is in your portfolio, and the charge is ₹1.50.
Now, check the Demat account where STT charges are getting the spotlight:
- For equity delivery, the STT charge is 0.1% to buy or sell.
- When traders deal with Equity futures, it’s flat 0.0125% on the sell side.
Marketwolf NRI Demat Account - STT Charges
Equity Delivery
Equity Intraday
Equity Future
Equity Option
Commodity Future
Commodity Option
Currency Future
Currency Option
Marketwolf NRI Trading Account - Stamp Duty Charges
Equity Delivery
Equity Intraday
Equity Future
Equity Option
Commodity Future
Commodity Option
Currency Future
Currency Option
Marketwolf NRI Account - Transaction Charges
Equity Delivery
Equity Intraday
Equity Future
Equity Option
Commodity Future
Commodity Option
Currency Future
Currency Option
Marketwolf NRI Account - Pledge & Margin Charges
Pledge Creation Charges
Pledge Invocation Charges
Interest on Margin Trading
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Marketwolf NRI Account Hidden Charges
SEBI Turnover Charges
DP Charges
GST
Account Closure Charges
Reactivation Charges
Dematerialisation Charges
Call & Trade Charges
Marketwolf NRI Account Review – Conclusion
The Marketwolf NRI account review concerns savings, security, and less financial liability.
Marketwolf, V Dhingra, and T Joseph’s brainchild is getting global attention for its swift strategy with advanced technology.
Investors funding for its expansion is another sign of its market confidence. Its parent company, FnO India Securities Pvt. Ltd is hopeful for more expansion across the vertical.
If you love an independent investment approach, this platform is perfect without a complex research system.
FAQs on Marketwolf NRI Account Review
Check out various FAQs related to the Marketwolf NRI Account here.
How to open an NRI Demat Account in Marketwolf?
You can check the relevant section of this article to find out how to open an NRI Demat account. But always make sure you have all the documents listed above.
How to convert the Marketwolf Account to NRI?
To convert your present account to NRI, dial the helpline to get direct support from their helpdesk.
What is AMC for NRIs in Marketwolf?
Investors have to pay an AMC of ₹1,000 and 18% GST.
What is Account Opening Fees for NRIs in Marketwolf?
Marketwolf offers a free account for NRIs.
Which Assets are Restricted for Trading in Marketwolf for NRIs?
As per SEBI, NRIs can invest up to 5% of the company’s paid-up capital in NRE or NRO accounts. For F&O trading, NRIs must use NRO accounts, and a CP code is mandatory.
Can an NRI invest in a Mutual Fund in Marketwolf?
Yes, Marketwolf opens Mutual funds for its investors.
What is the Brokerage for Marketwolf NRI?
If you use the PIS under Equity delivery, a flat amount of ₹100 is credited. For small traders without PIS, it’s ₹50 per trade. In the case of Equity futures, the charge is flat ₹75 for each trade.
Can a Marketwolf NRI Account be Opened Online?
NRIs have to go for online and offline processes; they can’t open it only from the online process. However, you can send documents via courier. For more, contact the RM team.
What is the Helpline Number for Marketwolf NRI?
NRIs can call 7021723249 or Whatsapp at 7827646482 for a quick chat.
Which documents are required to open a Marketwolf NRI Account?
Apart from income and property details, you need —
Address proof:
- Overseas address proof
- Indian address proof
Financial papers:
- NRE or NRO Bank Account Details
- PIS letter
Additional Papers:
- OCI/PIO Card (if required)
- A Passport.
- Valid Visa (work, student, resident, etc.)
- Passport-Size Photograph.