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 Compositedge Stock Trading, Demat, Brokerage and Reviews



Incorporated in 1995, Composite Investments Pvt. Ltd. is a Bangalore based stock trading brokerage firm providing 'Flat Fee Stock Trading' services through its online stock trading website compositedge.com

Company charges fixed price brokerage of Rs 25 to Rs 15 per trade irrespective to the size of the trade and the segment in which trade is executed. Compositedge simplifies the brokerage charges through this flat fee share dealing model.

Composite Investments has stock broker experience of 16+ years and mainly does business in the Karnataka. Company is one of the few discount brokers in India who are growing fast.

Compositedge provides online share trading services to buy & sell stocks, futures, options and mutual funds. The trading platform available includes Trader Workstation (exe 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 Rated 4.00 / 5 based on 8 customer reviews

Overall Rating Fees Brokerage Usability Customer Service
Rated 4.0 stars Rated 4.1 stars Rated 4.6 stars Rated 4.0 stars Rated 4.0 stars Rate Compositedge

Compositedge's Trading Platforms

Compositedge provides 3 trading platforms:
  1. Installable Application (NSE NOW Trading Terminal) – An installable application can be downloaded and installed on your computer for free. This allows fast execution of orders along with real time monitoring.
  2. Online trading through website (though www.nowonline.in) – A user friendly website allows traders to trade online virtually anywhere using internet browser.
  3. Mobile Trading Platform (NSE Mobile Trading Platform) – The mobile application allows customers to monitor market and trade from mobile phones. Mobile trading is available to all customer without any additional charges.

Compositedge Brokerage Charges 2014

  • Trading Account Opening Charges (One Time): Rs 300
  • Demat account Opening Charges (One Time): Rs 100
  • Trading Annual maintenance charges (AMC): Free
  • Demat Account Annual Maintenance Charges (AMC): Rs 300 per year

Trading Brokerages

  • Equity Delivery Based Trades: Rs 25 to Rs 15 per trade or 0.06% whichever is lower
  • Equity Intraday Trades: Rs 25 to Rs 15 per trade or 0.006% whichever is lower
  • Equity Future: Rs 25 to Rs 15 per trade or 0.006% whichever is lower
  • Equity Options: Rs 25 to Rs 15 per trade or 0.006% whichever is lower
  • Currency Future: Rs 25 to Rs 15 per trade or 0.006% whichever is lower
  • Currency Options: Rs 25 to Rs 15 per trade or 0.006% whichever is lower

Special Trade Offer:

Compositedge has launched a special trade offer which will bring down the fixed price brokerage from Rs 25 to Rs 18 and Rs 15 per trade, irrespective to the size or segment of the trade.

Through this offer Compositedge will charge:

  • First 50 orders - Rs 25 per order or 0.006% whichever is lower
  • Next 51 to 1000 orders - Rs 18 per order or 0.006% whichever is lower
  • 1001 and above - Rs 15 per order or 0.006% whichever is lower

The number of orders is counted across the segments and over the time. For example if your first 50 orders executed in 2 month of account opening, your brokerage going forward is reduced to Rs 18 and when you reach first 1000 trades your brokerage per order is further reduced to Rs 15 for life time. So after you first 50 trades you no more pay Rs 25 brokerage.


Compositedge Brokerage Charges in Detail

Compositedge Charges EQUITY Delivery EQUITY Intraday
Brokerage First 50 orders Rs. 25/- or 0.06% whichever is lower; Next 51 to 1000 orders Rs.18/- or 0.06% whichever is lower; 1001 and above Rs.15/- or 0.06% whichever is lower First 50 orders Rs.25/- or 0.006% whichever is lower; Next 51 to 1000 orders Rs.18/- or 0.006% whichever is lower; 1001 and above Rs.15/- or 0.006% whichever is lower
STT 0.1% on both Buy and Sell 0.025% on the Sell Side
Transaction/Turnover Charges NSE: 450/crore, BSE: 450/crore NSE: 450/crore, BSE: 450/crore
Service Tax 12% on Brokerage + Transaction Charge 12% on Brokerage + Transaction Charge
Education Cess 2% of Service Tax 2% of Service Tax
Higher Education Cess 1% of Service Tax 1% of Service Tax
SEBI Charges 20 Rs/Crore 20 Rs/Crore
Stamp Charges 0.01% subject to a maximum of Rs 50 0.01% subject to a maximum of Rs 50


Compositedge Charges Futures Options
Brokerage First 50 orders Rs.25/- or 0.006% whichever is lower; Next 51 to 1000 orders Rs.18/- or 0.006% whichever is lower; 1001 and above Rs.15/- or 0.006% whichever is lower First 50 orders Rs.25/- or 0.006% whichever is lower; Next 51 to 1000 orders Rs.18/- or 0.006% whichever is lower; 1001 and above Rs.15/- or 0.006% whichever is lower
STT 0.017% on Sell Side 0.017% on Sell Side(on Premium)
Transaction/Turnover Charges NSE: 450/crore, BSE: 250/crore NSE: 7500/crore of premium, BSE: 2000/crore of premium
Service Tax 12% on Brokerage + Transaction Charge 12% on Brokerage + Transaction Charge
Education Cess 2% of Service Tax 2% of Service Tax
Higher Education Cess 1% of Service Tax 1% of Service Tax
SEBI Charges 20 Rs/Crore 20 Rs/Crore
Stamp Charges 0.01% subject to a maximum of Rs 50 0.01% subject to a maximum of Rs 50


Compositedge Charges Currency - Futures Currency - Options
Brokerage First 50 orders Rs.25/- or 0.006% whichever is lower; Next 51 to 1000 orders Rs.18/- or 0.006% whichever is lower; 1001 and above Rs.15/- or 0.006% whichever is lower First 50 orders Rs.25/- or 0.006% whichever is lower; Next 51 to 1000 orders Rs.18/- or 0.006% whichever is lower; 1001 and above Rs.15/- or 0.006% whichever is lower
STT No STT No STT
Transaction/Turnover Charges Rs 300/crore Rs 7000/crore only on premium
Service Tax 12% on Brokerage + Transaction Charge 12% on Brokerage + Transaction Charge
Education Cess 2% of Service Tax 2% of Service Tax
Higher Education Cess 1% of Service Tax 1% of Service Tax
SEBI Charges 20 Rs/Crore No SEBI Charges
Stamp Charges 0.01% subject to a maximum of Rs 50 0.01% subject to a maximum of Rs 50


Compositedge Charge Structure Explanation:

  • STT: This is charged only on the sell side for intraday and F&O trades. It is charged on both sides for Delivery trades in Equity.
  • Stamp Duty: Charged at .01% or Rs. 50 per contract note whichever is lower.
  • Service Tax: This is charged at 12 % of the total cost of brokerage plus transaction charges.
  • Education Cess: This is charged at 2% of the Service Tax.
  • Higher Education Cess: This is charged at 1% of the Service Tax.
  • SEBI Charges (SEBI Turnover Fees): This is charged at Rs 20 per crore.
  • NSE Transaction or Turnover Charges: This is charged at Rs. 450 per crore for Currency, Rs.450 per crore for Equity & Futures and Rs.7500 for Options (on premium).
  • BSE Transaction or Turnover Charges: This is charged at Rs. 450 per crore for Equity, Rs.250 per crore for Futures and Rs. 2000 for Options (on premium).
  • Contract Note: Minimum Contract Note charges Rs. 10/-


Other Charges (Broker Hidden Fees):

  • Broker assisted trades (i.e. Call & Trade or Deliveries resulting from expiring futures and options positions): Additional Rs 25 per executed trade
  • Online trade confirmation: Free
  • Online account statement: Free
  • Paper account statement / confirmation: Rs 50
  • Paper duplicate trade confirmation: Rs 50
  • Paper duplicate account statement: Rs 50
  • Online Funds Transfer to company: Rs 15 per transaction.
  • Funds Pay-out Charges: Free
  • Cheque withdrawal: Free (Courier Charges Rs 30)
  • Cheque bounce charges: Rs 100
  • Account closing fee: Free
  • Account maintenance fee: Free
  • Inactivity fee: Free
  • E-Contract Note( Digitally signed): Free
  • Physical Contract Note: Rs 50 per contract
  • Any other Statements: Rs 50
  • Demat Charges:
    • DP Transaction Charges per ISIN:
      • Buy (Receive): 0.02% or Rs.10 whichever is higher
      • Sell(Debit): 0.03% or Rs.10 whichever is higher + Rs 5.50 (CDSL Charges)

Useful Articles:

How to open account with Composite Investments Pvt Ltd?

Opening the share trading account with Compositedge is simple and an online process. It takes just 1 day to open both trading as well as demat account with Compositedge.

  • To open the account please fill the Compositedge contact form. A representative will call you in next few hours and guide you with steps to open the account.
  • Following documents are required for demat and share broker account opening with Compositedge:
    • 3 Photograph
    • Copy of PAN Card
    • Proof of Identity – Copy of PAN Card (If PAN Card not available; UID, Driving License, Voter Id., Passport etc).
    • Proof of Address – Self Attested copy of any one of the following (Passport, Bank statement, Ration card, Voter ID, Driving license, Electricity bill or Landline telephone bill.
    • Income Proof (for trading in F&O segment)

Contact Compositedge / Request Call Back

Name:Phone #:
Email:City, State:
Are you a day trader?

Compositedge Advantages

  • Compositedge is a flat fee share broker offering fixed price brokerage at Rs 25 to Rs 15 per trade irrespective to the size or segment of trade. The flat fee stock trading is very simple to understand and to manage your brokerage expenses.
  • Equity and Currency Future trading is available at Rs 25 to Rs 15 per trade or 0.006% whichever is lower. This is cheapest in industry.
  • Compositedge is among the cheapest stock broker in India. They are among few discount brokers who are transforming the Indian brokerage industry.
  • There are no hidden fees or charges in terms of brokerage. Additional services and taxes are charged as per industry standard.
  • Fund transfer from 3 popular banks is free when done from NOW platoform. This includes HDFC bank, AXIS Bank and Kotak Mahindra Bank. Note that the fund transfer is not free for these banks when it is done from Back Office.
  • No minimum amount balance required to open a Compositedge trading account. Trading and Demat accounts can be closed any time without any penalty.
  • As per SEBI rule the maximum brokerage charged by Compositedge is 2.5%. If a person buy 1 share of Rs 100, the brokerage charged will be Rs 2.5/- (and not Rs 25/-).
  • Customer doesn’t have to buy a prepaid plan to gain the benefits of flat fee share dealing. The flat fee of Rs 25 is applicable to all of its customers including investors who trade casually and day traders who make multiple trades each day.
  • Account with Compositedge can be opened in 1 day. This is the quickest in the industry.
  • Compositedge is a Bangalore based establish player which 15+ years of experience in brokerage industry.
  • Demat account opening charges are just Rs 100 and yearly maintenance charges are Rs 300/- per year, which is lesser then most of the brokers.
  • An editable PDF account opening form is available for customers. Customer can fill this up on his computer, take the printout, sign the papers and send it to the company.
  • Customer support though Google Chat and Yahoo Chat is available.
  • Composite Investment also offers 'Fully Automated Trading (Algo Trading)'.

Compositedge Disadvantages

  • Compositedge do not offer 3 in 1 account (Bank + Demat + Trading Account). It offers Trading and Demat account.
  • Composite Investments has only 1 branch which is located in Bangalore.

Useful links about Compositedge

  1. Contact Compositedge for trading & demat account.
  2. Compositedge Website: http://www.compositedge.com
  3. Registered Office: Composite Investments Pvt Ltd, No. 30/1, 3rd Floor,
    S J Towers, Mission Road, Bangalore – 560027
  4. Phone: 9844700001, 080 4114 5828, 080 4114 5829
  5. Email: help@compositeinvestments.com

Enquiry Form

(Note: Information Last Updated: 8/3/2014 10:01:00 PM)

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Composite Investments Pvt Ltd Reviews

        

17. Compositedge  Jan 21, 2014 11:29:38 AM IST |  Reply 

Hi!

We are a brokerage firm for over 18 years.We are one of the oldest brokers from South India.Please have a look at SEBI & NSE website.We would like to add that we also do not have a single complaint against us.

Regards
Team Compositedge

16. BN  Jan 16, 2014 3:54:05 AM IST |  Reply 

Is this company is genuine & regesterd with sebi?

15. Malini  Jan 15, 2014 12:49:02 PM IST |  Reply 

Compositedge has started Commodities trading.They will be the lowest among Discount brokers.The brokerage rates will remain the same ie Rs.18/- or 0.006% whichever is lower per executed order.

14. krishna  Sep 19, 2013 10:10:47 PM IST |  Reply 

they have a very good cutomerservice

Ratings:

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

14.1. Anantha.KN  Sep 25, 2013 3:44:16 PM IST | 

Krishna I do agree with your comment, I did not had any plan about how share market works, but compositedge customer service give a brief idea about stock market, and helped me to create trading account, and trading, I appreciate for Excellent customer service.

13. krishna  Sep 19, 2013 10:07:57 PM IST |  Reply 

HI,
i do have a/c with compositedge from april they r vgood idont have any issfrom them

12. Kiran  Sep 9, 2013 10:14:34 AM IST |  Reply 

Well my mother recently had taken a trading account. The customer care is pathetic. We asked them about the issues we are facing with the NOW software. They tried their best to give us some solutions to make this software work on our laptop. Surprisingly one last solution they gave me was to buy a new laptop. This is the worst brokerage company in India. Finally I opened an account in Zerodha and I am using the same laptop without any problem.

12.1. Compositedge  Sep 19, 2013 2:39:42 PM IST | 

Hi!

Please give us your Client code & Name of the Account.Our Helpdesk team does not remember any such instance.We will be more than happy to check it & solve your query.We are surprised about your comments as we are also using the same software & why it is not working on your laptop?Our Help desk is more than capable in installing the trading software.You can also email us at Email

Regards
Team Compositedge

11. Malini  Aug 13, 2013 12:55:14 PM IST |  Reply 


Hi!
Got a Mail from Compositedge-They have reduced their brokerage to Rs.18/- per trade.

Composite Investments Pvt. Ltd. is pleased to announce that we will be completing 18 years as a financial intermediary in the Indian financial markets on the 13th of August 2013.
We would like to celebrate this occasion by thanking all our valued clients without whom we could not have achieved this feat.
As a goodwill gesture, we are very happy to announce a further reduction in our brokerage from the existing Rs. 25 to Rs. 18 per transaction, thereby validating our objective to offer the best possible services to our clients at the most economical costs.
From the 13th of August, all our existing subscribers who are in the Rs. 25 window and all our new subscribers can benefit from this goodwill offer.

Happy trading
Cheers!

10. Bose  Jul 27, 2013 11:17:38 AM IST |  Reply 

Pretty good cust. support, economical in terms of brokerage and updated with the latest technology available

Ratings:

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

9. Rakesh Tripathi  Jul 6, 2013 1:43:49 AM IST |  Reply 

Almost six month completed not a single complaint, no requirement to talk to customer care, cheapest broker as I''ve completed 1000 orders now pay only 15 rs per order. Very good service. Pay out same day.

8. Ashutosh chaturvedi  Jun 10, 2013 6:37:08 AM IST |  Reply 

http://angelbrokingsubbroker.biz/

7. om  Feb 1, 2013 11:02:12 PM IST |  Reply 

DEMAT CHARGES DEBIT-CREDIT HIGH AS COMP ZERODHA DP

6. Amit  Dec 8, 2012 10:40:42 PM IST |  Reply 

Does anyone have authentic info if "after market hours" order placement is allowed on CompositeEdge?

6.1. Nirmali  Dec 9, 2012 12:04:15 AM IST | 

AMO orders can be placed from 6.00 pm to 8.30 am on weekdays.

6.2. Chittorgarh.com Team  Dec 9, 2012 8:45:07 AM IST | 

Hi Amit,

Compositedge does provide facility for After market Orders as said by Nirmali.

5. Kamal  Nov 18, 2012 1:42:19 PM IST |  Reply 

If you trade intraday as well as delivery based,then Zerodha is the best. Otherwise, if you do only intraday, then Compositedge. Also, for small cap share invester, it is Zerodha whose in fact the best ever till now) whereas Compositedge charges are still higher for that thing. So, Zerodha is the best.

5.1. Nirmali  Dec 8, 2012 11:58:27 PM IST | 

How you can say delivery based trade in zerodha cheaper than composite , after 50 trade brokerage reduce to 18 and transaction charge lower than zerodha. Also demate opening charge and AMC lower than zerodha.

4. Guest  Oct 6, 2012 2:53:40 PM IST |  Reply 

Who is the cheapest broker between Zerodha & Composite investment in terms of equity trading (intraday/delevery based)

4.1. Malini  Oct 15, 2012 2:16:30 PM IST | 

Compositedge will be cheaper as they charge Rs.25/- or 0.006% whichever is lower for the first 50 executed orders.Then it becomes Rs.18/- or 0.006% till 1000 executed orders.There transaction charges are also lower when compared to Zerodha.

4.2. Rahul  Feb 26, 2013 9:45:44 PM IST | 

Brokrage is cheper in compositeedge.
but demat charge is more in Compositage than Zerodha.
If you do delivery trading than overall(Brokrage+Demat Charge) charge is more in compositeedge than zerodha.
Zerodha has more user than compositeedge.

For intraday trading copositeedge is cheper but for delivery it is not.

3. Chittorgarh.com Team  Jul 16, 2012 11:20:27 PM IST |  Reply 

Hi Guys,

Please find "Comparision of Zerodha and Compositedge Brokerage and Demat Charges" at

http://chittorgarh.com/newportal/article_detail.asp?a=6

Chittorgarh.com Team

2. Chittorgarh.com Team  Jul 16, 2012 6:31:08 PM IST |  Reply 

Dear Guest,

A detailed comparision will be available by tomorrow. Please revisit the webpage.

Chittorgarh.com Team

1. Guest  Jul 16, 2012 5:46:30 PM IST |  Reply 

Another flat fee structure company. If any one can help me doing comparison between Zerodha and Composite will be helpful.

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