Chittorgarh.com Logo
Loading...

IDBI Capital Vs Compositedge NRI Account Comparison

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

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

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

Expand

IDBI Capital Vs Compositedge

  IDBI Capital Compositedge
 
  IDBI Capital Markets and Securities Ltd Logo Composite Investments Pvt Ltd Logo
About the Broker IDBI Bank, a leading private bank in India, offers a wide range of investment options to NRIs through a 3-in-1 account. IDBI Bank offers banking, loans, capital market, PMS, etc. services to NRIs. With the IDBI Bank PIS account, NRIs can buy/sell sha... Know more about IDBI Capital Markets and Securities Ltd 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
Account Type NRI Trading
Enquire IDBI CapitalEnquire Compositedge

Expand

IDBI Capital Vs Compositedge Charges

  IDBI Capital Compositedge
NRI Account Opening Fees ₹1500 ₹1000
NRI Account AMC ₹0
NRI Demat Account Opening Fees NIL Rs 100
NRI Demat Account AMC Rs 450 Rs 300
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Enquire IDBI CapitalEnquire Compositedge

Expand

IDBI Capital Vs Compositedge NRI Account Brokerage Comparison

Account Type IDBI Capital NRI Trading Compositedge
Equity Delivery 0.50% ₹200/- or 0.1%
Equity Futures ₹200/- or 0.01%
Equity Options
Enquire IDBI CapitalEnquire Compositedge

Other Charges

Contract Note Reporting Charges
Other Brokerage Charges Processing Charge: ₹75 per transaction
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%
Expand

IDBI Capital Vs Compositedge NRI Account Taxes/Fees

  IDBI Capital Compositedge
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.

Expand

IDBI Capital Vs Compositedge NRI Account Margin

  IDBI Capital Margin Compositedge 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.


Expand

IDBI Capital and Compositedge NRI Account Features

  IDBI Capital Compositedge
3-in-1 Account Yes No
Automated Trading No No
Free Research And Tips Yes
Other Features
Enquire IDBI CapitalEnquire Compositedge

Expand

IDBI Capital Vs Compositedge NRI Account Review

  IDBI Capital Review Compositedge Review
  40 Customer Reviews    Rate IDBI Capital 17 Customer Reviews    Rate Compositedge
Fees 3.2 4.2
Brokerage 2.6 4.6
Trading Platform 2.6 4.0
Customer Service 2.8 4.2
Overall Rating Rated 2.7 stars Rated 4.2 stars
Broker Rating IDBI Capital is Rated 2.7 / 5 based on 40 customer reviews Compositedge is Rated 4.2 / 5 based on 17 customer reviews
Enquire IDBI CapitalEnquire Compositedge

Expand

Contact Broker / Request A Call Back

  IDBI Capital Enquire Compositedge Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Leave your contact information and we will get in touch with you....
*

IDBI Capital Vs Compositedge NRI Investment Options

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

Expand

IDBI Capital Vs Compositedge NRI Customer Service

  IDBI Capital Compositedge
Customer Care Number 1800-22-3366, 022-3913 5001
Customer Care Email custcare@idbidirect.in
Enquire IDBI CapitalEnquire Compositedge

Expand

IDBI Capital Vs Compositedge Order Type Offered for NRI Account

  IDBI Capital Compositedge
Bracket Order No
Cover Order Yes
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No

Expand

IDBI Capital Vs Compositedge - NRI Account Advantages and Disadvantages

  IDBI Capital Compositedge
Pros
  • Offers 3-in-1 accounts which makes the trading experience fast and smooth.
  • Provides research and recommendation tips.
  • Offers instant online account opening facility.
  • Works as a custodial to settle equity derivatives trades for NRIs.
  • Offers in-house mutual funds under different segments.
  • After Market Order (AMO) facility.
  • Equity SIP is available.
  • 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
  • Brokerage charges are comparatively higher than discount brokers.
  • Online trading is not available to USA and Canada based NRIs.
  • Offers comparatively lower interest rates on NRI savings bank account.
  • 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

IDBI is a full-service broker offering a range of investment options to NRIs. IDBI NRI 3-in-1 Account makes stock market investment simple and hassle-free. NRIs also get RM assistance and investment advice from experts. It has a network across 40+ countries to offer NRI services. The broker also works as a custodian for trade clearance and settlement which reduces the extra cost for NRIs. IDBI is recommended for NRIs who are a casual investor and prefer convenience over the trading costs.

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
Enquire IDBI CapitalEnquire Compositedge
Compare IDBI Capital Compare Compositedge
Compare More Brokers: