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Compositedge Vs AxisDirect NRI Account Comparison

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

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

Our Composite Investments Pvt Ltd comparison with Axis Securities highlights the major differences between two brokers. Find the best between Compositedge and AxisDirect NRI Account.

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Compositedge Vs AxisDirect

  Compositedge AxisDirect
 
  Composite Investments Pvt Ltd Logo Axis Securities Logo
About the Broker Composite 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 Axis Bank, the 3rd largest private bank in India, offers a 4-in-1 account to NRI customers. This account is a combination of a PIS & Non-PIS Bank Account, Trading Account, and Demat Account. Axis Bank has 10 international branch offices across the w... Know more about Axis Securities
Account Type NRI Account
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Compositedge Vs AxisDirect Charges

  Compositedge AxisDirect
NRI Account Opening Fees ₹1000 ₹2500
NRI Account AMC ₹0
NRI Demat Account Opening Fees Rs 100 Rs 0
NRI Demat Account AMC Rs 300 Rs 650
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Compositedge Vs AxisDirect NRI Account Brokerage Comparison

Account Type Compositedge AxisDirect NRI Account
Equity Delivery ₹200/- or 0.1% 0.75%
Equity Futures ₹200/- or 0.01% 0.05%
Equity Options Intraday: 1p per lot, Carry Forward: ₹10 per lot
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Other Charges

Contract Note Reporting Charges
Other Brokerage Charges PIS Acct AMC: ₹1,500, Minimum Brokerage ₹50
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%
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Compositedge Vs AxisDirect NRI Account Taxes/Fees

  Compositedge AxisDirect
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 excersied 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 excersied options)
Exchange Transaction Charges Check Exchange Transaction Fee
SEBI Charges 0.00005% (₹5/Crore) 0.00005% (₹5/Crore)
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty 0.01% 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.

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Compositedge Vs AxisDirect NRI Account Margin

  Compositedge Margin AxisDirect Margin
Equity Delivery 1x 1x
Equity Futures 1x 1x
Equity Options 1x 1x

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.


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Compositedge and AxisDirect NRI Account Features

  Compositedge AxisDirect
3-in-1 Account No Yes
Automated Trading No No
Free Research And Tips Yes
Other Features
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Compositedge Vs AxisDirect NRI Account Review

  Compositedge Review AxisDirect Review
  17 Customer Reviews    Rate Compositedge 78 Customer Reviews    Rate AxisDirect
Fees 4.2 2.0
Brokerage 4.6 1.8
Trading Platform 4.0 2.6
Customer Service 4.2 2.2
Overall Rating Rated 4.2 stars Rated 2.1 stars
Broker Rating Compositedge is Rated 4.2 / 5 based on 17 customer reviews AxisDirect is Rated 2.1 / 5 based on 78 customer reviews
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Contact Broker / Request A Call Back

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Compositedge Vs AxisDirect NRI Investment Options

  Compositedge AxisDirect
Stocks Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds Yes Yes
Other Investment Options

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Compositedge Vs AxisDirect NRI Customer Service

  Compositedge AxisDirect
Customer Care Number +91 22 4257 0809
Customer Care Email
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Compositedge Vs AxisDirect Order Type Offered for NRI Account

  Compositedge AxisDirect
Bracket Order Yes
Cover Order Yes
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes

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Compositedge Vs AxisDirect - NRI Account Advantages and Disadvantages

  Compositedge AxisDirect
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.
  1. Offers 4-in-1 account for fast trading experience.
  2. Offers online Mutual Fund, IPO and NCD services.
  3. One-click Trade through Intelligent Order Entry Panel, a unique integrated order entry panel that informs you on your capital gains before placing the trade.
  4. Access to Trade-Passport, a detachable and secure Order Entry Panel, enables trading while researching on any financial website.
  5. Free trading and investment recommendations.
  6. Assistance from Relationship Managers.
  7. GTC and AMO orders.
  8. A subsidiary of the reputed Axis Bank.
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.
  1. The Axis brokerage plans are based on the trading value which makes it expensive over flat-fee brokerage charged by Zerodha, Tradeplus, etc.
  2. Axis does not provide online trading facility to USA based NRI clients.
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.

AxisDirect is a good choice as a stock broker for NRIs looking to invest in stocks, derivatives, mutual funds and IPOs in India. The company offers 4-in-1 account and good trading software and investment tools to its customers. Also, the brokerage charges of the company are competitive among full-service brokers. Axis provides many customer-friendly features to NRIs like AMO orders, Call & Trade and Relationship Manager for quick assistance.

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