Aditya Birla Money Vs Compositedge NRI Account Comparison

Aditya Birla Money Vs Compositedge

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

Find out Aditya Birla Money Vs Compositedge which is better NRI Trading Account. See Aditya Birla Money Vs Compositedge which is best NRI Demat Account.

Our Aditya Birla Money Ltd comparison with Composite Investments Pvt Ltd highlights the major differences between two brokers. Find the best between Aditya Birla Money and Compositedge NRI Account.

 Aditya Birla MoneyCompositedge
 
 Aditya Birla Money LogoCompositedge Logo
About the BrokerAditya Birla Capital Limited (ABCL) is a well-known financial services company offering trading, insurance, and mutual funds, etc. to non-resident Indians. Aditya Birla Money Ltd (ABML), a subsidiary of Aditya Birla Capital, offers stock broking serv...Know more about Aditya Birla Money LtdComposite 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 Ltd
Account Type
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.

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.

Aditya Birla Money Vs Compositedge Charges

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 Aditya Birla MoneyCompositedge
NRI Account Opening Fees₹750₹1000
NRI Account AMC₹450
NRI Demat Account Opening FeesNilRs 100
NRI Demat Account AMCRs 436Rs 300
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST

Aditya Birla Money Vs Compositedge NRI Account Brokerage Comparison

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Account TypeAditya Birla Money Compositedge
Equity Delivery₹200/- or 0.1%
Equity Futures₹200/- or 0.01%
Equity Options

Other Charges

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Contract Note Reporting Charges₹25 for BSE | ₹50 for NSE
Other Brokerage Charges
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%

Aditya Birla Money Vs Compositedge NRI Account Taxes/Fees

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 Aditya Birla MoneyCompositedge
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.

Aditya Birla Money Vs Compositedge NRI Account Margin

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 Aditya Birla Money MarginCompositedge 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.

Aditya Birla Money and Compositedge NRI Account Features

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 Aditya Birla MoneyCompositedge
3-in-1 AccountNoNo
Automated TradingNoNo
Free Research And TipsNoNo
Other Features

Aditya Birla Money Vs Compositedge NRI Account Review

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 Aditya Birla Money ReviewCompositedge Review
 30 Customer Reviews    Rate Aditya Birla Money17 Customer Reviews    Rate Compositedge
FeesRated 3.2 starsRated 4.2 stars
BrokerageRated 3.2 starsRated 4.6 stars
Trading PlatformRated 3.3 starsRated 4.0 stars
Customer ServiceRated 2.9 starsRated 4.2 stars
Overall RatingRated 3.0 starsRated 4.2 stars
Broker RatingAditya Birla Money is Rated 3.0 / 5 based on 30 customer reviewsCompositedge is Rated 4.2 / 5 based on 17 customer reviews

Contact Broker / Request A Call Back

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 Aditya Birla Money EnquireAditya Birla Money 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.
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.

Aditya Birla Money Vs Compositedge NRI Investment Options

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 Aditya Birla MoneyCompositedge
StocksYesYes
Initial Public Offers (IPO)YesNo
Mutual FundsYesYes
Other Investment Options

Aditya Birla Money Vs Compositedge NRI Customer Service

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 Aditya Birla MoneyCompositedge
Customer Care Number18002707000
Customer Care Email

Aditya Birla Money Vs Compositedge Order Type Offered for NRI Account

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 Aditya Birla MoneyCompositedge
Bracket OrderNoNo
Cover OrderNoNo
After Market Order (AMO)YesNo
Good Till Cancelled (GTC)NoNo

Aditya Birla Money Vs Compositedge - NRI Account Advantages and Disadvantages

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 Aditya Birla MoneyCompositedge
Pros
  • Part of Aditya Birla group, a financial services conglomerate
  • Provides a wide range of financial services under one roof
  • Offers research advice and stock recommendations
  • 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.
Cons
  • Doesn't offer a 3-in-1 account and separate account opening increases the paperwork.
  • Doesn't offer an IPO investment option.
  • Robo advisory facility is not available.
  • 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.
Conclusion

Aditya Birla Capital is a well-known name when it comes to financial services. However, when it comes to trading & investment services for NRIs it doesn't measure up to its reputation. The company doesn't have a major USP for NRIs. It doesn't offer 3-in-1 accounts. The choices in trading platforms are limited. There are many better options available in the market.

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

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

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