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Zerodha Vs Compositedge NRI Account Comparison

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.

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Zerodha Vs Compositedge

  Zerodha Compositedge
 
  Zerodha Logo Composite Investments Pvt Ltd Logo
About the Broker 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... Know more about Zerodha 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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Zerodha Vs Compositedge Charges

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

Account Type Zerodha NRI Account Compositedge
Equity Delivery 0.1% or max ₹200 per trade ₹200/- or 0.1%
Equity Futures ₹100 per trade ₹200/- or 0.01%
Equity Options ₹100 per trade
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Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges Demat Account AMC: ₹300 yearly
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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Zerodha Vs Compositedge NRI Account Taxes/Fees

  Zerodha 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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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.


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Zerodha and Compositedge NRI Account Features

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

  Zerodha Review Compositedge Review
  452 Customer Reviews    Rate Zerodha 17 Customer Reviews    Rate Compositedge
Fees 3.7 4.2
Brokerage 4.3 4.6
Trading Platform 3.6 4.0
Customer Service 3.4 4.2
Overall Rating Rated 3.7 stars Rated 4.2 stars
Broker Rating Zerodha is Rated 3.7 / 5 based on 452 customer reviews Compositedge is Rated 4.2 / 5 based on 17 customer reviews
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Contact Broker / Request A Call Back

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

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

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Zerodha Vs Compositedge NRI Customer Service

  Zerodha Compositedge
Customer Care Number +91 80 4718 1888
Customer Care Email nridesk@zerodha.com
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Zerodha Vs Compositedge Order Type Offered for NRI Account

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

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Zerodha Vs Compositedge - NRI Account Advantages and Disadvantages

  Zerodha Compositedge
Pros
  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, 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
  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.
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 +
  • Brokerage-free Direct Mutual Fund investment +
  • Trade with the best trading platform in India.

This is a limited-time offer. Open Instant Zerodha Account online and start trading today.

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