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Kotak Securities Vs Compositedge NRI Account Comparison

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

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

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

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Kotak Securities Vs Compositedge

  Kotak Securities Compositedge
 
  Kotak Securities Ltd Logo Composite Investments Pvt Ltd Logo
About the Broker Kotak Securities is a full-service broker that offers a range of services to NRIs, from across the globe, including online trading in Equity, Equity Derivatives (F&O), Mutual Funds, Bonds, IPO, and ETF. Kotak securities NRI account (NRI 3-in-1 accoun... Know more about Kotak 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 Account
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Kotak Securities Vs Compositedge Charges

  Kotak Securities Compositedge
NRI Account Opening Fees ₹3750 ₹1000
NRI Account AMC ₹0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 100
NRI Demat Account AMC Rs 600 Rs 300
PIS Account AMC ₹1000 NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Kotak Securities Vs Compositedge NRI Account Brokerage Comparison

Account Type Kotak Securities NRI Account Compositedge
Equity Delivery 1.00% ₹200/- or 0.1%
Equity Futures 1.00% ₹200/- or 0.01%
Equity Options 1.00%
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Other Charges

Contract Note Reporting Charges ₹0
Other Brokerage Charges Average Quarterly Balance: ₹10000
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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Kotak Securities Vs Compositedge NRI Account Taxes/Fees

  Kotak Securities 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.

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Kotak Securities Vs Compositedge NRI Account Margin

  Kotak Securities 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.


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Kotak Securities and Compositedge NRI Account Features

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

  Kotak Securities Review Compositedge Review
  172 Customer Reviews    Rate Kotak Securities 17 Customer Reviews    Rate Compositedge
Fees 2.4 4.2
Brokerage 2.3 4.6
Trading Platform 3.2 4.0
Customer Service 2.8 4.2
Overall Rating Rated 2.4 stars Rated 4.2 stars
Broker Rating Kotak Securities is Rated 2.4 / 5 based on 172 customer reviews Compositedge is Rated 4.2 / 5 based on 17 customer reviews
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Contact Broker / Request A Call Back

  Kotak Securities Enquire Compositedge Enquire
Contact Broker Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback.
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Kotak Securities Vs Compositedge NRI Investment Options

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

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Kotak Securities Vs Compositedge NRI Customer Service

  Kotak Securities Compositedge
Customer Care Number 022 6689 6000, 022 6652 9191
Customer Care Email nricustomerservice@kotak.com
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Kotak Securities Vs Compositedge Order Type Offered for NRI Account

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

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Kotak Securities Vs Compositedge - NRI Account Advantages and Disadvantages

  Kotak Securities Compositedge
Pros
  1. Offers integrated 3-in-1 Trinity account for fast and smooth trading experience.
  2. Part of the reputed Kotak group
  3. Branch offices in New York, London, Dubai, Singapore, and Mauritius.
  4. AMO and GTC order types make it easy for NRIs to place orders at any time.
  5. A dedicated research team for expert advice and recommendations
  6. Offers a range of advanced online trading platforms and tools.
  7. Offers online mutual fund, IPO and NCD investment facility.
  • 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
  1. The brokerage charges are higher in comparison to discount stock brokers like Zerodha and Prostocks. Kotak brokerage charges for equity delivery us 1% whereas Prostocks charges fixed Rs 100 per order. So, if your trade value is Rs 1 lakh, you pay a brokerage of Rs 1000 with Kotak whereas Prostocks will charge you just Rs 100.
  • 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

Kotak Securities is a full-service broker. It offers convenient stock trading and investment to NRI's through its 3-in-1 account. In addition, you get advanced trading software, researched advice and dedicated RM assistance. Kotak Sec brokerage charges are on the higher side. Kotak Sec has offices in New York, London, Dubai, Singapore, and Mauritius which makes it easy for NRIs based in these locations to avail services or get grievances redressed locally.

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.

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Kotak 3-in-1 Account

Kotak Mahendra Bank offers trinity account, a 3-in-1 account which is a combination of saving bank, trading and demat account. It offers convenient investment in Equity, Derivatives, Mutual Funds, IPO and ETF.

Looking for an online trading account? Request Callback from a stock broker.

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