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Sharekhan Vs Compositedge NRI Account Comparison

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

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

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

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Sharekhan Vs Compositedge

  Sharekhan Compositedge
 
  Sharekhan Logo Composite Investments Pvt Ltd Logo
About the Broker Sharekhan, a leading full-service broker in India, offers NRI Stock Trading and Demat accounts to NRI, PIO and OCI customers. Sharekhan offers a 3-in-1 NRI Trading account in partnership with Axis, Indusind, IDBI and HDFC Bank. This account comprises... Know more about Sharekhan 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 Sharekhan NRI Account
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Sharekhan Vs Compositedge Charges

  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
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Sharekhan Vs Compositedge NRI Account Brokerage Comparison

Account Type Sharekhan 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
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Other Charges

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%
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Sharekhan Vs Compositedge NRI Account Taxes/Fees

  Sharekhan 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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Sharekhan Vs Compositedge NRI Account Margin

  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.


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Sharekhan and Compositedge NRI Account Features

  Sharekhan Compositedge
3-in-1 Account No No
Automated Trading No No
Free Research And Tips Yes
Other Features Call & Trade, Dedicated Relationship Manager, Branch Support
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Sharekhan Vs Compositedge NRI Account Review

  Sharekhan Review Compositedge Review
  305 Customer Reviews    Rate Sharekhan 17 Customer Reviews    Rate Compositedge
Fees 3.0 4.2
Brokerage 2.8 4.6
Trading Platform 3.7 4.0
Customer Service 3.3 4.2
Overall Rating Rated 3.3 stars Rated 4.2 stars
Broker Rating Sharekhan is Rated 3.3 / 5 based on 305 customer reviews Compositedge is Rated 4.2 / 5 based on 17 customer reviews
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Contact Broker / Request A Call Back

  Sharekhan Enquire Compositedge Enquire
Contact Broker Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.
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Sharekhan Vs Compositedge NRI Investment Options

  Sharekhan Compositedge
Stocks Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes Yes
Other Investment Options PMS, Wealth Management

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Sharekhan Vs Compositedge NRI Customer Service

  Sharekhan Compositedge
Customer Care Number +91 022 6518500
Customer Care Email nridesk@sharekhan.com
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Sharekhan Vs Compositedge Order Type Offered for NRI Account

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

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Sharekhan Vs Compositedge - NRI Account Advantages and Disadvantages

  Sharekhan Compositedge
Pros
  1. One of the largest stock brokers in India.
  2. Easy trading experience for NRI with 3 in 1 account.
  3. Offers advanced trading platforms in desktop, mobile, and web versions.
  4. Offers online Mutual Funds, IPOs and Bonds.
  5. Offers PMS services for wealth management
  6. A dedicated relationship manager to each NRI customer.
  7. Offers hand holding to beginners in the stock market.
  • 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. 3 in 1 account facility is only available with select banks (Axis, HDFC, IDBI, and Indusind)
  2. Brokerage and account opening charges are higher when compared to other full-service brokers.
  • 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

Sharekhan is a good choice as a stock broker 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

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • 1 Year FREE access to TradeTiger Trading Terminal.

This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

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