Compositedge Vs Firstock NRI Account Comparison

Compositedge Vs Firstock

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

Find out Compositedge Vs Firstock which is better NRI Trading Account. See Compositedge Vs Firstock which is best NRI Demat Account.

Our Composite Investments Pvt Ltd comparison with Firstock Broking Private Limited highlights the major differences between two brokers. Find the best between Compositedge and Firstock NRI Account.

 CompositedgeFirstock
 
 Compositedge LogoFirstock Logo
About the BrokerComposite Edge or Composite Investments Ltd is a discount broking firm offering trading and investment services to the resident as well as non-resident Indians. Composite Edge offers a complete range of investment solutions to NRIs and foreign nation...Know more about Composite Investments Pvt LtdFirstock is a discount brokerage firm that offers Non-Resident Indians (NRIs) the ability to invest in the Indian stock market through a hybrid account opening process combining online and offline steps. NRIs can trade in equity delivery and derivati...Know more about Firstock Broking Private Limited
Account TypeEquity Non (PIS)
Special Offer

Zerodha (Flat Rs 20 Per Trade)

Special Offer - 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 and start trading today.

Special Offer:

Free Equity Delivery| Flat ₹20 brokerage on Intraday & F&O| ₹0 Account Opening & AMC| Zero cost Direct Mutual Funds Investment.

Open Firstock Demat account (FREE)

Compositedge Vs Firstock Charges

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 CompositedgeFirstock
NRI Account Opening Fees₹1000₹0 (Free for both online and offline methods)
NRI Account AMC₹0 (No AMC)
NRI Demat Account Opening FeesRs 100Rs 0 (Free)
NRI Demat Account AMCRs 300Rs 0 (Free)
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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Compositedge Vs Firstock NRI Account Brokerage Comparison

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Account TypeCompositedge Firstock Equity Non (PIS)
Equity Delivery₹200/- or 0.1%0.3% or Rs 25 per order, whichever is lower
Equity Futures₹200/- or 0.01%Rs 25 per executed order
Equity OptionsRs 25 per executed order
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Other Charges

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Contract Note Reporting Charges
Other Brokerage ChargesRs 150 per crore (Futures), RS 1,500 per crore (Options)
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%

Compositedge Vs Firstock NRI Account Taxes/Fees

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 CompositedgeFirstock
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 exercised 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 exercised options)
Exchange Transaction ChargesCheck Exchange Transaction Fee
SEBI Charges0.00005% (₹5/Crore)0.00005% (₹5/Crore)
Goods and Services Tax (GST)18% on (brokerage + transaction charges)18% on (brokerage + transaction charges)
Stamp Duty0.01% 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.

Compositedge Vs Firstock NRI Account Margin

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 Compositedge MarginFirstock Margin
Equity Delivery1x1x
Equity Futures1x1x
Equity Options1x1x

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.

Compositedge and Firstock NRI Account Features

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 CompositedgeFirstock
3-in-1 AccountNoNo
Automated TradingNoNo
Free Research And TipsNoNo
Other Features
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Compositedge Vs Firstock NRI Account Review

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 Compositedge ReviewFirstock Review
 17 Customer Reviews    Rate Compositedge1 Customer Reviews    Rate Firstock
FeesRated 4.2 starsRated 3.0 stars
BrokerageRated 4.6 starsRated 3.0 stars
Trading PlatformRated 4.0 starsRated 3.0 stars
Customer ServiceRated 4.2 starsRated 3.0 stars
Overall RatingRated 4.2 starsRated 3.0 stars
Broker RatingCompositedge is Rated 4.2 / 5 based on 17 customer reviewsFirstock is Rated 3.0 / 5 based on 1 customer reviews
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Contact Broker / Request A Call Back

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 Compositedge EnquireCompositedge Enquire
Contact Broker
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 and start trading today.

Free Equity Delivery| Flat ₹20 brokerage on Intraday & F&O| ₹0 Account Opening & AMC| Zero cost Direct Mutual Funds Investment.

Open Firstock Demat account (FREE)

Compositedge Vs Firstock NRI Investment Options

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 CompositedgeFirstock
StocksYesYes
Initial Public Offers (IPO)NoNo
Mutual FundsYesNo
Other Investment Options

Compositedge Vs Firstock NRI Customer Service

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 CompositedgeFirstock
Customer Care Number
Customer Care Email
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Compositedge Vs Firstock Order Type Offered for NRI Account

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 CompositedgeFirstock
Bracket OrderNoNo
Cover OrderNoNo
After Market Order (AMO)NoNo
Good Till Cancelled (GTC)NoNo

Compositedge Vs Firstock - NRI Account Advantages and Disadvantages

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 CompositedgeFirstock
Pros
  • Offers ESOP trading facility for NRIs.
  • A team of specialists to assist non-resident Indian investors.
  • Assists in PAN card and PIS account opening.
  • NRIs can invest in Equity, bond, MF, and IPO (offline).
  • Provides semi and algo trading options.
  • Can also place offline order through telephone.
  • No RBI approval is needed if you choose the Non-PIS route.
  • Lower compliance and paperwork.
  • Futures & Options trading is permitted.
  • Competitive brokerage and clearing charges.
  • Fully digital initiation of the process.

Cons
  • Have to open custodial and bank accounts separately which increases paperwork and overall charges.
  • The platform is designed for knowledgeable and experienced traders. New traders may not find it easy to use.
  • Doesn't offer a 3-in-1 account that means investors have to open a bank account with third party bank.
  • Doesn't offer in-house trading platforms. NRIs have to depend on 3rd-party to resolve technical issues.
  • Physical document submission and IPV are mandatory.
  • F&O trading is not available through NRE–PIS accounts.
  • A custodian account is required for derivatives.
Conclusion

Composite Edge offers a 2-in-1 account for NRIs to trade and invest across equity, mutual fund, IPO, bonds, and PMS. The brokerage charges are higher than other discount brokers. It doesn't have its own trading platforms and so is depended on the platform owners for up-gradation and resolving technical issues. Overall, there's not a single key offering or market differentiator from the stock broker to attract NRIs. There are better choices available in the market.

Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

FirstockSpecial Offer

Firstock — Smart & Affordable Trading Solution

  • ₹0 Brokerage on Equity Delivery
  • ₹0 Account Opening & no maintenance charges
  • ₹0 Pledge Charges & Payment Fees
  • ₹0 Charges on Direct Mutual Funds
  • ₹20 per order for Intraday & F&O
  • Advanced trading tools like Strategy Builder with Payoff Charts, Basket Orders, and Stock Screeners.

Open a Free Demat Account

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Side-by-Side Comparison of Broker

Compositedge Vs Firstock NRI Account Comparison