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SBI Securities Vs Compositedge NRI Account Comparison

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

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

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

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SBI Securities Vs Compositedge

  SBI Securities Compositedge
 
  SBICAP Securities Ltd Logo Composite Investments Pvt Ltd Logo
About the Broker State Bank of India (SBI) offers a range of trading and investment services to NRIs through an NRI 3 in 1 account. The account helps NRIs to trade and invest in Equity, Derivatives, Mutual Funds, Depository services, and a variety of Third Party Dist... Know more about SBICAP 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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SBI Securities Vs Compositedge Charges

  SBI Securities Compositedge
NRI Account Opening Fees ₹2500 ₹1000
NRI Account AMC ₹0
NRI Demat Account Opening Fees Rs 0 Rs 100
NRI Demat Account AMC Rs 350 Rs 300
PIS Account AMC ₹900 NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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SBI Securities Vs Compositedge NRI Account Brokerage Comparison

Account Type SBI Securities NRI Account Compositedge
Equity Delivery 0.75% ₹200/- or 0.1%
Equity Futures ₹200/- or 0.01%
Equity Options
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Other Charges

Contract Note Reporting Charges ₹0
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%
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SBI Securities Vs Compositedge NRI Account Taxes/Fees

  SBI 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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SBI Securities Vs Compositedge NRI Account Margin

  SBI 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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SBI Securities and Compositedge NRI Account Features

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

  SBI Securities Review Compositedge Review
  147 Customer Reviews    Rate SBI Securities 17 Customer Reviews    Rate Compositedge
Fees 3.2 4.2
Brokerage 2.7 4.6
Trading Platform 2.6 4.0
Customer Service 2.8 4.2
Overall Rating Rated 2.6 stars Rated 4.2 stars
Broker Rating SBI Securities is Rated 2.6 / 5 based on 147 customer reviews Compositedge is Rated 4.2 / 5 based on 17 customer reviews
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Contact Broker / Request A Call Back

  SBI Securities Enquire Compositedge Enquire
Contact Broker Leave your contact information and we will get in touch with you....
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SBI Securities Vs Compositedge NRI Investment Options

  SBI Securities Compositedge
Stocks Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes Yes
Other Investment Options Derivatives, FD

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SBI Securities Vs Compositedge NRI Customer Service

  SBI Securities Compositedge
Customer Care Number +91 22 6153 6900
Customer Care Email nri@sbicapsec.com
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SBI Securities Vs Compositedge Order Type Offered for NRI Account

  SBI Securities Compositedge
Bracket Order Yes
Cover Order Yes
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No

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SBI Securities Vs Compositedge - NRI Account Advantages and Disadvantages

  SBI Securities Compositedge
Pros
  1. The largest bank in India with the highest number of branches.
  2. Offer 3 in 1 account for convenient online trading
  3. Free expert recommendations on trading & investments
  4. Assistance from Relationship Managers
  5. SBI securities NRI opening fees are lowest among full-service brokers.
  6. Mutual fund services are available to NRIs who don't have a trading account.
  • 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. Only Equity-based mutual funds are available for online investment. For other types of Mutual Funds, NRIs can only apply using a physical form.
  2. The brokerage rates are higher when compared with discount brokers like Zerodha and Prostocks.
  3. Doesn't offer Good-till canceled (GTC) order.
  • 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

SBI has one of the largest branch networks among Indian banks in the world. This helps NRIs in availing in-person services on their country or city of residence. The brokerage rates charged by the company are competitive among full-service brokers. The 3-in-1 account, online trading, free research and advisory, Mutual Fund, FD and IPO investment make them attractive to most NRIs.

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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