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Compositedge Vs Nuvama Wealth: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Compositedge Max Rs 18 per trade while the brokerage of Nuvama Wealth Max Rs 10 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 3.5 out of 5. Number of active customer for Nuvama Wealth is 1,74,590 where number of active customer for Compositedge is 1,961. Nuvama Wealth is serving more customer compare to Compositedge.

Here we present side-by-side comparison of Compositedge vs Nuvama Wealth share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Compositedge vs Nuvama Wealth's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Compositedge vs Nuvama Wealth share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Compositedge vs Nuvama Wealth's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Compositedge vs Nuvama Wealth on Service

  Compositedge Compare
Compositedge
Nuvama Wealth Compare
Nuvama Wealth
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 1,961 1,74,590
Broker Overview Composite Investments Pvt. Ltd. with centralized operations in Banglore, is a highly credible name with a presence of more than 18 years in the Indian financial markets. The broker provides online share trading services to buy & sell stocks, futu... Know more about Compositedge One of the leading full-service brokerage firms with a long-standing track record since 2008 offering Free Nuvama Wealth Demat & Trading account + Trade at Rs. 10 flat brokerage charges + free experts research & advisory + Get access to the i...Know more about Nuvama Wealth
Broker Enquiry Request call back from Zerodha Request call back from Nuvama Wealth
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Account Opening Charges and AMC

Compare Compositedge vs Nuvama Wealth on Trading & Demat Account Opening Charges

Comparison of Compositedge with Nuvama Wealth on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth offer Free account opening where Compositedge charges Rs 500 for account opening. Demat AMC charges - Compositedge charges Rs 300 PA AMC for Demat account where Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Compositedge with Nuvama Wealth
Charges Compositedge Nuvama Wealth
Trading Account Opening Fees Rs 500 Free
Trading AMC Free Free
Demat Account Opening Fees Rs 100 Free
Demat AMC Rs 300 PA Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year]
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Compositedge vs Nuvama Wealth on Plan Options

Plans are the most important feature you look when compare Compositedge with Nuvama Wealth. This section compare on high level about type of plans offered by brokers. Multiple Plans - Nuvama Wealth provides Multiple Plans where Compositedge doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Compositedge with Nuvama Wealth on Plan Options
Plan Types Compositedge Nuvama Wealth
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Nuvama Wealth
Account Opening Request
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Brokerage Charges

Compare Compositedge vs Nuvama Wealth on Brokerage Charges

Compositedge Brokerage Plan detail - Compositedge flat rate brokerage plan offer first 1000 trader @Rs18 per trade in equity, commodities, futures and option segment, From 1001 onwards its @Rs15 Per trade.

Nuvama Wealth Brokerage Plan detail - This plan is available to Online users only. With this plan, Nuvama Wealth is preparing for competition with Discount brokers. Account opening is free and No Demat AMC with this plan.

Brokerage Charges - Compare Compositedge with Nuvama Wealth
Brokerage Charges Compare Compositedge Nuvama Wealth
Plan Name Max Rs 15 Per Order Trading Plan Nuvama Lite
Equity Delivery 0.06% or Rs 15 whichever is lower Flat Rs. 10 per executed order
Equity Intraday 0.006 % or Rs 15 whichever is lower Flat Rs. 10 per executed order
Equity Futures 0.006 % or Rs 15 whichever is lower Flat Rs. 10 per executed order
Equity Options Flat Fee Rs 15 Flat Rs. 10 per executed order
Currency Futures 0.006 % or Rs 15 whichever is lower Flat Rs. 10 per executed order
Currency Options Flat Fee Rs 15 Flat Rs. 10 per executed order
Commodity Trading Flat Fee Rs 15 0.01%
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Yes - 24% interest PA
Call & Trade Charges NA Rs 20 per call
Auto Square off Charges NA Rs 20
Brokerage Calculator Brokerage Calculator for Compositedge Brokerage Calculator for Nuvama Wealth
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Share Broker's Transaction Charges

Compare Compositedge vs Nuvama Wealth on Transaction Charges

Compare Compositedge with Nuvama Wealth on transaction charges and PCM fee by segment.

Transaction Charges - Compare Compositedge with Nuvama Wealth
Transaction Charges Compare Compositedge Nuvama Wealth
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for compositedge Complete Brokerage Plans for nuvama-wealth
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Account Features

Compare Compositedge vs Nuvama Wealth on Account Features

Compare Compositedge with Nuvama Wealth on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Nuvama Wealth offers a margin funding where Compositedge doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Compositedge with Nuvama Wealth
Account Features Compare Compositedge Nuvama Wealth
3 in 1 Account No Compositedge have 2-in-1 account. Only Demate and Trading account. No Compositedge have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes Yes
Online Demo No Yes
Online Portfolio No Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Compositedge vs Nuvama Wealth on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Compositedge and Nuvama Wealth. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Compositedge with Nuvama Wealth
Trading Platform Compare Compositedge Nuvama Wealth
Desktop Trading Platform NSE NOW - The trader workstation Xtreme Trader
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail http://www.nowonline.in/ https://tlounge.edelweiss.in/Login
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App NSE NOW Nuvama Mobile Trader
Mobile Trading App Demo Info Not Available Nuvama Mobile Trader Demo
Android Mobile App Yes Yes
Android App Download Andriod NSE NOW Download Andriod Nuvama Mobile Trader Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS NSE NOW Download iOS Nuvama Mobile Trader Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Info Not Available Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Compositedge Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth
Futures Brokerage Calculator Futures Brokerage Calculator for Compositedge Futures Brokerage Calculator for Nuvama Wealth
Options Brokerage Calculator Options Brokerage Calculator for Compositedge Options Brokerage Calculator for Nuvama Wealth
Detail Detail on Trading Platforms for compositedge Detail on Trading Platforms for nuvama-wealth

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Broker Ratings by Users

Compare Compositedge vs Nuvama Wealth on User Rating

  Compositedge Nuvama Wealth
  13 Customer Reviews    Rate Compositedge 4 Customer Reviews    Rate Nuvama Wealth
Fees Ratings 4.1 2.8
Trading Brokerage Rating 4.7 3.0
Trading Platform Usability 4.1 3.5
Customer Service Ratings 4.4 1.8
Overall Ratings 4.3 2.0
Broker Rating Compositedge is Rated 4.3 / 5 based on 13 customer reviews Nuvama Wealth is Rated 2.0 / 5 based on 4 customer reviews
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Investment Offerings

Compare Compositedge vs Nuvama Wealth on Investment Offerings

Compare Compositedge with Nuvama Wealth on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Nuvama Wealth offers online mutual fund investment option where Compositedge doesn't offer. Portfolio Management Services (PMS) - Nuvama Wealth provides PMS Service where Compositedge doesn't offer

Investment Offerings - Compare Compositedge with Nuvama Wealth
Investment Offerings Compare Compositedge Nuvama Wealth
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds No Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment No Yes
Equity SIP Investment No Yes
PMS Service No Yes
Other Investment Options NIL NIL
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Order Types

Compare Compositedge vs Nuvama Wealth on Order Types

Order Type - Compare Compositedge with Nuvama Wealth on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Nuvama Wealth provides Cover Orders (CO) where Compositedge doesn't offer,Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both broker don't have Bracket Orders (BO).With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- Nuvama Wealth offers After market orders where Compositedge doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Compositedge with Nuvama Wealth
Order Type Compare Compositedge Nuvama Wealth
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No Yes
Bracket order No No
AMO-After Market Orders No Yes
GTC-Good Till Cancelled No No
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Customer Service Offered

Compare Compositedge vs Nuvama Wealth on Customer Service

Compare Compositedge with Nuvama Wealth on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Compositedge with Nuvama Wealth
Customer Service Compare Compositedge Nuvama Wealth
24/7 Customer Service Compositedge vs Nuvama Wealth - 24x7 customer support No No
Email Support Compositedge vs Nuvama Wealth - Email Support Yes Yes
Onine Live Chat Compositedge vs Nuvama Wealth - Onine Live Chat Yes No
Phone Support Compositedge vs Nuvama Wealth - Phone Support Yes Yes
Toll Free Number Compositedge vs Nuvama Wealth - Toll Free Number No Yes
Through Branches Compositedge vs Nuvama Wealth - Through Branches No Yes
Customer Care Number Compositedge vs Nuvama Wealth - Customer Care Number Info Not Available 1800 102 3335
Account Opening Process Compositedge vs Nuvama Wealth - Account Opening Process Info Not Available Online/Paperless
Customer Support Email Compositedge vs Nuvama Wealth - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education Compositedge vs Nuvama Wealth - Knowledge Center/Education Info Not Available https://www.nuvamawealth.com/investology
Head Office Address Compositedge vs Nuvama Wealth - Head Office Address/Corporate Address Info Not Available Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Website Compositedge vs Nuvama Wealth - Company Website Info Not Available https://www.nuvamawealth.com/
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Tips/Research/Reports Published

Compare Compositedge vs Nuvama Wealth on Research Reports, Tips

Compare Compositedge with Nuvama Wealth on research reports and tips provided by the broker.

Research Reports - Compare Compositedge with Nuvama Wealth
  Compositedge Nuvama Wealth
Research Mutual Funds Compositedge vs Nuvama Wealth - Research Mutual Funds No Yes
Research Equity Reports Compositedge vs Nuvama Wealth - Research Equity Reports No Yes
Research ETF Compositedge vs Nuvama Wealth - Research ETF No Yes
Daily Market Report Compositedge vs Nuvama Wealth - Daily Market Report No Yes
Free Tips Compositedge vs Nuvama Wealth - Free Tips No Yes
Quarterly Result Analysis Compositedge vs Nuvama Wealth - Quarterly Results No Yes
News Alerts Compositedge vs Nuvama Wealth - No Yes
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Demat Account

Compare Compositedge vs Nuvama Wealth on Demat Account

Compare Compositedge with Nuvama Wealth on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Nuvama Wealth is Free (₹1500 one time charges) where for Compositedge is Monthly Charges - ₹25. Nuvama Wealth is a better choice in terms of Demat AMC compare to Compositedge.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Compositedge is 0.04% of the transaction value or ₹8 whichever is higher where for Nuvama Wealth is 0.02% of transaction value or ₹20 per transaction whichever is higher.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Compositedge with Nuvama Wealth
  Compositedge Nuvama Wealth
DP Source CDSL CDSL
DP ID Compositedge vs Nuvama Wealth - DP ID No 19100
Demat Account Annual Maintenance Charges(AMC) Monthly Charges - ₹25 Free (₹1500 one time charges)
Advance Deposit NIL NIL
Statutory charges ₹50 Stamp Charges Nil
Transaction Charges on Debit (Per ISIN) 0.04% of the transaction value or ₹8 whichever is higher 0.02% of transaction value or ₹20 per transaction whichever is higher
Demat ₹2 + courier charges ₹2 per certificate + ₹30 courier charges
Remat ₹10 for every hundred securities or ₹10 per certificate (whichever is higher) + CDSL charges ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges
Pledge Creation ₹20 + ₹12 request charges 0.02% of transaction value (Min ₹50)
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹20 + ₹12 request charges 0.02% of transaction value (Min ₹50)
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹20 0.02% of transaction value (Min ₹50)
Failed Instruction Charges ₹50 Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Compositedge vs Nuvama Wealth on Special Offers and Promotion

Compare Compositedge with Nuvama Wealth on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Compositedge vs Nuvama Wealth on Special Offers and Promotion
  Compositedge Nuvama Wealth
Pay In and Pay Out Options Compositedge vs Nuvama Wealth - Pay In and Pay Out Options Info Not Available Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Terminal X3,Nuvama Web,Mobile Trader.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Compositedge vs Nuvama Wealth - Payout Time Info Not Available Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Compositedge vs Nuvama Wealth - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Nuvama Wealth,
Account Number:EBL1XXXXXXXXX
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
Likes

Detail Review...

  • Multiple products; equity, derivatives, IPO, mutual funds, bonds, debt instruments.
  • Trade at Rs 10/order flat brokerage
  • Free Guided Portfolio, an expert-curated basket for investors
  • User-friendly interface of Markets mobile app and TX3 terminal
  • Get free expert research reports and trading tips.
  • Place bracket order, cover order, and GTD order.
  • Investology, is a stock market learning platform for beginners to experts.
  • Margin trading facility.
  • Decent physical presence with branches

Detail Review...

Dislikes

Minimum brokerage charged; not suited for penny stock traders; other hidden charges.

Detail Review...

  • NRI trading is not offered.
  • No 3-in-1 account opening services
  • Call & trade and research services are available at additional cost in Lite plan.
  • Brokerage charges are high in the Elite % based pricing plan.

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Nuvama Wealth Account Now>>

Last Updated on 2019-06-27T00:43:21+00:00