The side-by-side comparison of Mirae Asset Sharekhan and Compositedge NRI Account. Compare Mirae Asset Sharekhan Vs Compositedge NRI Account brokerage charges, exposure margin, demat account and AMC. Read Compositedge and Mirae Asset Sharekhan NRI Account reviews.
Find out Mirae Asset Sharekhan Vs Compositedge which is better NRI Trading Account. See Mirae Asset Sharekhan Vs Compositedge which is best NRI Demat Account.
Our Mirae Asset Sharekhan comparison with Composite Investments Pvt Ltd highlights the major differences between two brokers. Find the best between Mirae Asset Sharekhan and Compositedge NRI Account.
| Mirae Asset Sharekhan | Compositedge | |
|---|---|---|
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| About the Broker | Established in 2000, Mirae Asset Sharekhan (formerly known as Sharekhan) is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and inves... | 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... |
| Account Type | Mirae Asset Sharekhan NRI Account | |
| 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. |
| Mirae Asset Sharekhan | Compositedge | |
|---|---|---|
| NRI Account Opening Fees | ₹2000 | ₹1000 |
| NRI Account AMC | ₹3000 | |
| NRI Demat Account Opening Fees | Rs 0 (Free) | Rs 100 |
| NRI Demat Account AMC | Rs 400 (Free for 1st year) | Rs 300 |
| PIS Account AMC | NA | |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Account Type | Mirae Asset Sharekhan Mirae Asset Sharekhan NRI Account | Compositedge |
|---|---|---|
| Equity Delivery | 0.50% | ₹200/- or 0.1% |
| Equity Futures | 0.1% on first leg and 0.02% on second leg | ₹200/- or 0.01% |
| Equity Options | ₹250 per contract note | |
| Contract Note Reporting Charges | ||
| Other Brokerage Charges | PIS Acct AMC: ₹1000 | |
| 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% |
| Mirae Asset Sharekhan | Compositedge | |
|---|---|---|
| Securities Transaction Tax (STT) |
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| 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. |
| Mirae Asset Sharekhan 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. | ||
| Mirae Asset Sharekhan | Compositedge | |
|---|---|---|
| 3-in-1 Account |  | |
| Automated Trading | | |
| Free Research And Tips |  | |
| Other Features | Call & Trade, Dedicated Relationship Manager, Branch Support | |
| Mirae Asset Sharekhan Review | Compositedge Review | |
|---|---|---|
316 Customer Reviews  | 17 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  | |
| Overall Rating | | |
| Broker Rating | Mirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviews | Compositedge is Rated 4.2 / 5 based on 17 customer reviews |
| Mirae Asset Sharekhan Enquire | Mirae Asset Sharekhan 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. |
| Mirae Asset Sharekhan | Compositedge | |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options | PMS, Wealth Management |
| Mirae Asset Sharekhan | Compositedge | |
|---|---|---|
| Customer Care Number | +91 022 6518500 | |
| Customer Care Email | nridesk@miraeassetsharekhan.com | |
| Mirae Asset Sharekhan | Compositedge | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Mirae Asset Sharekhan | Compositedge | |
|---|---|---|
| Pros |
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| Cons |
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Conclusion | Mirae Asset Sharekhan is a good choice as a stockbroker for NRIs. It offers a full range of financial services to NRIs including a hassle-free 3-in-1 trading account, research services, investments in Mutual Funds, IPOs, NCDs and also PMS. GTC and AMO order along with Call & Trade facility help NRIs to place orders in their convenient timings. | 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
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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