The side-by-side comparison of Zerodha and Compositedge NRI Account. Compare Zerodha Vs Compositedge NRI Account brokerage charges, exposure margin, demat account and AMC. Read Compositedge and Zerodha NRI Account reviews.
Find out Zerodha Vs Compositedge which is better NRI Trading Account. See Zerodha Vs Compositedge which is best NRI Demat Account.
Our Zerodha comparison with Composite Investments Pvt Ltd highlights the major differences between two brokers. Find the best between Zerodha and Compositedge NRI Account.
Zerodha is a leading stock broker in India. The Bengaluru based stock broker offers online discount broking services to both resident and non-resident Indians (NRIs). Zerodha offers 2-in-1 accounts to NRIs which includes a trading and a demat account...
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...
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.
Zerodha Vs Compositedge NRI Account Margin
Zerodha 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.
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 online with Zerodha and start trading today.
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Zerodha Vs Compositedge Order Type Offered for NRI Account
Zerodha
Compositedge
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Zerodha Vs Compositedge - NRI Account Advantages and Disadvantages
Zerodha
Compositedge
Pros
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.
India's largest stock broker in terms of active customers.
Offers access to best-in-industry trading software and tools.
Supports HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis 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.
Cons
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.
Doesn't offer Mutual Funds to NRI customers.
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.
Conclusion
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, IndusInd Bank, IDFC FIRST Bank and Axis 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.
Promo / Offers
Free Equity Delivery Trading and Mutual Funds
Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O +
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