Compositedge Review 2019

Rated 3.5/5 by Top Share Brokers Team
Composite Investments Pvt Ltd Review

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Compositedge,a division of Composite Investments Pvt. Ltd.(CIPL) is a renowned flat fee brokerage firm having 18 years of experience in share market and provides platform especially for knowledgeable traders.They are member of NSE, BSE, MCX-SX, NCDEX and MCX for trading in Stock, Commodity and Currency Derivative.Their brokerage of Rs 18 per executed order for first 1000 trade orders and Rs 15 for next 1001 and above orders looks very reasonable and attractive.

As far as customer service is concerned, clients do not need to worry. Compositedge strives to provide the best possible customer service to its clients through email and live chat during market hours to resolve any queries. Call facility is available mostly for placing orders and square off.

Composite Investments Pvt. Ltd. is registered as a Depository Participant with CDSL. All clients intending to do delivery trades / offer stocks towards margins on F&O trades with them needs to open a DP account with Compositedge.

Composite Investments Pvt. Ltd provides online payment facility using NOW trading platform and Accounts Access system. You can transfer funds from your Bank directly to our account. Transferring funds is instant at free of charge if you have account with these four banks: Axis Bank, HDFC Bank, Kotak and ICICI Bank. With other banks funds can be transfer immediately with additional charge of Rs.15 +service tax.

The broker offers referral programme where you can refer friends, fellow traders, family and colleagues to earn 10% of brokerage charged from your referral.

Opening Account with Compositedge is a quick and hassle free one day process and no minimum amount balance is required to open a account.

Review Summary

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, futures, options and mutual funds. Compositedge offers heavily discounted trades with little catches leaves clients wanting more.


Benefits

  1. 18 Rs or 15 Rs Or 6 paisa per trade.
  2. Fully Automated Trading (Algo Trading) option available.
  3. Fund transfer is free from 3 major banks from NOW platform.
  4. Own DP Service.
  5. Live chat with customer support.

Considerations

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


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Compositedge Investment Options Compare

Here we are comparing Compositedge with its 5 close competitors on investment options.

Broker Compositedge Sharekhan 5paisa Zerodha SAMCO
Equity Trading Type Yes Yes Yes Yes Yes
Currency Trading Yes Yes Yes Yes Yes
Commodity Trading Yes Yes Yes Yes Yes
Mutual Funds No Yes Yes Yes No
MF SIP No Yes Yes Yes No
ETF Investment Yes Yes Yes Yes Yes
Banking No No No No No
Insurance No Yes Yes No No

Compositedge Brokerage Plan, Fees and Charges

Brokerage and Commission Rated 3.5/5

Compositedge Account Opening Charges

      »»  Trading Account Opening Charges: Rs 500
      »»  Trading Account AMC: Free
      »»  Demat Account Opening Charges: Rs 100
      »»  Demat Account AMC: Rs 300 PA

Compositedge Brokerage

Compositedge is low-cost trading platform and their brokerage charges are fixed at Rs.18/- per trade irrespective of the size of the order that means you pay a flat brokerage rate on unlimited equity, commodities, futures and option trades.Threshold brokerage charges - first 1000 @Rs18 per executed order and from 1001 onwards Rs 15 per trade.

Compositedge Rs 18 flat-rate share trades are higher then SASOnline(Rs 9) & RK Global (Rs 9) plan,Wisdpom Capital (Rs 9),My Value Trade(10 Rs),Trade Smart Online(15 Rs) and lower than its close competitors Zerodha (Rs 20),RKSV (Rs 20),Tradejini (Rs 20) plans.

Trading Brokerages

Compositedge Plan

  • Equity Delivery Based Trades: First 1000 Trade @18 Rs and 1001 onwards 15 Rs per trade or 0.006% whichever is lower
  • Equity Intraday Trades: First 1000 Trade @18 Rs and 1001 onwards 15 Rs per trade or 0.006% whichever is lower
  • Equity Future: First 1000 Trade @18 Rs and 1001 onwards 15 Rs per trade or 0.006% whichever is lower
  • Equity Options: First 1000 Trade @18 Rs and 1001 onwards 15 Rs per trade or 0.006% whichever is lower
  • Currency Futures: First 1000 Trade @18 Rs and 1001 onwards 15 Rs per trade or 0.006% whichever is lower
  • Currency Options: First 1000 Trade @18 Rs and 1001 onwards 15 Rs per trade or 0.006% whichever is lower
  • Commodity Futures: First 1000 Trade @18 Rs and 1001 onwards 15 Rs per trade or 0.006% whichever is lower
The Numbers of order are counted accross the segment and time, so once you complete your 1000 trades with Compositedge, you are become special member and are charged @15 Rs per trade.
Account Charges
  • Trading Account Opening Charges (One Time): 400 Rs online and 500 Rs if request form via courier
  • Demat account Opening Charges (One Time): 100 Rs
  • Trading Annual maintenance charges (AMC): NIL
  • Demat Account Annual Maintenance Charges (AMC): 300 Rs
  • Commodity account Opening Charges (One Time): 400 Rs online and 500 Rs if request form via courier
Other Charges
  • Call and Trader - 25 Rs per trade
  • Online fund transfer - 15 Rs per transfer
  • Physical Contract Note/Paper Account statement: Rs 50 per contract

Call & Trade and Deliveries resulting from expiring futures and options positions in BSE will be charged Additional Rs.18/- per order.
Minimum contract charges are levied at Rs.10/- per contract per segment. That means you have to pay brokerage of Rs10 if your calculated brokerage is less than that.

Other charges are as follow:

  • Online Funds Transfer to company: Rs 15 per transaction.
  • Inter Depository Transfer : Buy-Nil ; Sell- 0.05% or Rs.12 whichever is higher + RS.5.50 (CDSL) Charges)
  • DP Transaction Charges per ISIN:
    • Buy (Receive):Nil
    • Sell(Debit): 0.05% or Rs.12 whichever is higher + RS.5.50 (CDSL) Charges)

For STT,Stamp Duty,Service Tax and SEBI Charges please refer the Commission and Fees tab.

Compositedge Margin/Exposures

  1. Index Options and Fututres contract - 3% of the notional value of a futures contract. In case of options it is charged only on short positions and is 3% of the notional value of open positions.
  2. Option contracts and Futures Contract on individual Securities - The higher of 5% or 1.5 standard deviation of the notional value of gross open position in futures on individual securities and gross short open positions in options on individual securities in a particular underlying.

For complete brokerage charges and trading plans detail please visit Compositedge Brokerage Charges.

Compositedge with closest competitors

Here we are comparing Compositedge with its 5 close competitors, who are currently market leader in brokerage industry.

Broker Compositedge Sharekhan 5paisa Zerodha SAMCO
Service Type Discount Broker Full Service Broker Discount Broker Discount Broker Discount Broker
Brokerage Range Rs 18 0.1 to 0.5% Rs 10 Rs 20 Rs 20
Account Type 2 in 1 2 in 1 2 in 1 2 in 1 2 in 1
Equity Delivery 0.06% or Rs 15 whichever is lower 0.5% or 50 paisa Flat Fee Rs 10 Free 0.2% or Rs 20 whichever is lower
Equity Intraday 0.006 % or Rs 15 whichever is lower 0.1% or 10 paisa Flat Fee Rs 10 0.01% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Futures 0.006 % or Rs 15 whichever is lower 0.1% or 10 paisa Flat Fee Rs 10 0.01% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 15 2.5% of Premium or Rs 250 per lot whichever is high Flat Fee Rs 10 Flat Fee Rs 20 Flat Fee Rs 20
Commodity Flat Fee Rs 15 0.1% or 10 paisa Flat Fee Rs 10 Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures 0.006 % or Rs 15 whichever is lower 0.1% or 10 paisa Flat Fee Rs 10 0.01% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 15 2.5% of Premium or Rs 30 per lot whichever is high Flat Fee Rs 10 Flat Fee Rs 20 Flat Fee Rs 20
Rating

Please refer unique and accurate Compositedge Brokerage Calculator


Open Trading and Demat Account with Composite Investments Pvt Ltd

For online trading with Compositedge, investor has to open 2-in-1 account(Trading and Demat). Following are the ways to open an account with Compositedge:

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Compositedge Trading Platform and Tools

Trading Platforms Rated 3.5/5

    The trading platforms available with Compositedge are Trader Workstation (Terminal based installable application for high frequency traders), Web Trader (website based trading for casual traders) and Mobile Trading Platform (for people on move). Compositedge uses Nation Stock Exchange’s NOW (NSE on Web) as trading platforms. Compositedge in partnership with Global Data Feeds has launched algo trading for their clients to automate their trading strategies on "NOW TRADING TERMINAL".
    Compositedge Trader Workstation

    With trading platform NOW you can trade across NSE and BSE - Cash.You can also trade in derivatives and Currency, Mutual funds and IPO's on the same platform. Compositedge online trading platform provides the popular Technical Analysis Software NEST PLUS PLUGIN for Amibroker. Through this a trader can build his personal expert advisors (EA’s) and trading systems and automate the signals on NOW TERMINAL using this plug-in.
    Compositedge Web Trader
    NSE Mobile Trading system provides an application suite featuring comprehensive trading and market monitoring platform. It offers real time streaming quotes, with simple and user friendly interface for all type of users. You could use your existing trading user id and password that is allotted to you to download and login - at no additional cost.
    The application works with the following mobiles- Blackberry, JAVA, Android and iPhone.
    Composite Edge along with Symphony Fintech , provides a fully Automated Trading services for Active Traders.
    Compositedge's Nest Starter Pack has three powerful tool that benefits you by providing with some critical market data for Free.
    NEST Pulse is a trading tool that allows a trader to trade based on technical analysis using advanced charts and over 40 technical indicators. It allows the user to write his own strategies, back-test them and on satisfactory results, execute them in the live market.
    Nest Premium is a Advanced Charting tool.
    Plus Web Charts allow you to view advanced intraday and historical charts on the website itself without the need to have a separate application.
    Compositeedge associated with Gumption Labs Software Solutions Pvt. Ltd provides a trading software called “TradersCockpit”

    For detail review of mobile app and download please visit Compositedge Trading Platform Review.

Compositedge Trading Platform Compare

Here we are comparing Compositedge with its 5 close competitors on Trading Platform.

Broker Compositedge Sharekhan 5paisa Zerodha SAMCO
Desktop Windows Yes Yes Yes Yes Yes
Desktop Mac No No No No No
Web Trading Yes Yes Yes Yes Yes
Android Tablet App Yes Yes Yes Yes Yes
Android Mobile App Yes Yes Yes Yes Yes
iPhone App (iOS Mobile App) Yes Yes Yes Yes No
iPad App Yes Yes Yes Yes No
Mobile Site Yes Yes Yes Yes Yes

Final thought about Compositedge

Compositedge offers active and knowledgeable investors the platforms and tools they need to succeed, including access to IPO and Mutual Fund trading,While not most suited for penny stock traders, Compositedge offers a well-rounded trading platform for both trading online and on-the-go.

If you like what you have read and want to start trading, leave your contact information with us and we will guide you.


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Composite Investments Pvt Ltd User Reviews

avatar
1. Malini Mar 30, 2016 5:43:59 PM IST Reply
Their service level is good.Response time is very fast.They have been in the market for 20 years,May be they can improve on their technology

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Above Average

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