Zerodha Vs Compositedge NRI Account Comparison

• Zerodha Review
• FAQs
• Brokerage
• Demat Acct
• Mobile App
• Account Opening
• Branches
• IPO
• NRI Account Review

• Compositedge Review
• FAQs
• Brokerage
• Demat Acct
• Mobile App
• Account Opening
• Branches
• IPO
• NRI Account Review

• 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)

1. Discount stock broker offer trading at a low brokerage charges. Zerodha charges ₹200 per order whereas full-service stock brokers charge on an average 0.75% of the order value. So, if you trade for ₹1 lakh, you pay ₹750 with a full-service stock broker whereas Zerodha will charge you ₹200.
2. India's largest stock broker in terms of active customers.
3. Offers access to best-in-industry trading software and tools.
4. Supports HDFC Bank, Axis Bank, and Yes Bank NRI Bank 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.

1. Doesn't offer 3-in-1 accounts. Only offer trading and demat accounts. So, you have to first transfer funds from your PIS account to Zerodha trading account before trading.
2. Doesn't offer Mutual Funds to NRI customers.
3. Doesn't provide research reports or analysis.

• 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.

Zerodha comes across as a decent choice for NRIs looking to invest in stock markets in India and want to save on brokerage. The company offers best-in-the-industry trading platforms and tools. However, NRIs have to open bank accounts with HDFC Bank, Axis Bank, and Yes Bank to open a Zerodha NRI account. It also doesn't offer mutual fund investment services to NRIs. It charges a low flat-fee brokerage which makes it an attractive choice for 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.