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Compositedge Stock Trading, Demat, Brokerage and Reviews 2021


Compositedge Logo

Incorporated in 1995, Composite Investments Pvt. Ltd. is a Bangalore based stock trading brokerage firm providing 'Flat Fee Stock Trading' services through its online stock trading website compositedge.com

Company charges fixed price brokerage of Rs 15 per trade irrespective to the size of the trade and the segment in which trade is executed. Compositedge simplifies the brokerage charges through this flat fee share dealing model.

Composite Investments has stock broker experience of 16+ years and mainly does business in the Karnataka. Company is one of the few discount brokers in India who are growing fast.

Compositedge provides online share trading services to buy & sell stocks, futures, options and mutual funds. The trading platform available includes Trader Workstation (exe based installable application for high frequency traders), Web Trader (website based trading for casual traders) and Mobile Trading Platform (for people on move). Compositedge uses Nation Stock Exchange's NOW (NSE on Web) as trading platforms.

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Compositedge Online Account Opening

Opening the share trading account with Compositedge is simple and an online process. It takes just 1 day to open both trading as well as demat account with Compositedge.

  • To open the account please fill the Compositedge contact form. A representative will call you in next few hours and guide you with steps to open the account.
  • Following documents are required for demat and share broker account opening with Compositedge:
    • 3 Photograph
    • Copy of PAN Card
    • Proof of Identity ââ‚-“ Copy of PAN Card (If PAN Card not available; UID, Driving License, Voter Id., Passport etc).
    • Proof of Address ââ‚-“ Self Attested copy of any one of the following (Passport, Bank statement, Ration card, Voter ID, Driving license, Electricity bill or Landline telephone bill.
    • Income Proof (for trading in F&O segment)

Compositedge Trading Software (Compositedge Trading Platforms)

Compositedge provides 3 trading platforms:
  1. Installable Application (NSE NOW Trading Terminal) ââ‚-“ An installable application can be downloaded and installed on your computer for free. This allows fast execution of orders along with real time monitoring.
  2. Online trading through website (though www.nowonline.in) ââ‚-“ A user friendly website allows traders to trade online virtually anywhere using internet browser.
  3. Mobile Trading Platform (NSE Mobile Trading Platform) ââ‚-“ The mobile application allows customers to monitor market and trade from mobile phones. Mobile trading is available to all customer without any additional charges.

 

Visit Compositedge Trading Software Review for more detail.

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Compositedge Pros and Cons


Compositedge Pros (Advantages)

The following are the advantages of Compositedge. You must read Compositedge advantages and disadvantages before opening an account with Compositedge. Compositedge pros and cons help you find if it suits your investment needs.

  • Compositedge is a flat fee share broker offering fixed price brokerage at Rs 15 per trade irrespective to the size or segment of trade. The flat fee stock trading is very simple to understand and to manage your brokerage expenses.
  • Equity and Currency Future trading is available at Rs 15 per trade or 0.006% whichever is lower. This is cheapest in industry.
  • Compositedge is among the cheapest stock broker in India. They are among few discount brokers who are transforming the Indian brokerage industry.
  • There are no hidden fees or charges in terms of brokerage. Additional services and taxes are charged as per industry standard.
  • Fund transfer from 3 popular banks is free when done from NOW platoform. This includes HDFC bank, AXIS Bank and Kotak Mahindra Bank. Note that the fund transfer is not free for these banks when it is done from Back Office.
  • No minimum amount balance required to open a Compositedge trading account. Trading and Demat accounts can be closed any time without any penalty.
  • As per SEBI rule the maximum brokerage charged by Compositedge is 2.5%. If a person buy 1 share of Rs 100, the brokerage charged will be Rs 2.5/- (and not Rs 25/-).
  • Customer doesn't have to buy a prepaid plan to gain the benefits of flat fee share dealing. The flat fee of Rs 25 is applicable to all of its customers including investors who trade casually and day traders who make multiple trades each day.
  • Account with Compositedge can be opened in 1 day. This is the quickest in the industry.
  • Compositedge is a Bangalore based establish player which 15+ years of experience in brokerage industry.
  • Demat account opening charges are just Rs 100 and yearly maintenance charges are Rs 300/- per year, which is lesser then most of the brokers.
  • An editable PDF account opening form is available for customers. Customer can fill this up on his computer, take the printout, sign the papers and send it to the company.
  • Customer support though Google Chat and Yahoo Chat is available.
  • Composite Investment also offers 'Fully Automated Trading (Algo Trading)'.

Compositedge Cons (Disadvantages)

The following are the cons of Compositedge. Check the list of Compositedge drawbacks.

  • Compositedge do not offer 3 in 1 account (Bank + Demat + Trading Account). It offers Trading and Demat account.
  • Composite Investments has only 1 branch which is located in Bangalore.

Compositedge Enquiry Form

Compositedge Margin Exposure

Compositedge margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Compositedge F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Compositedge F&O carry forward positions and equity delivery trades.

SegmentMarginLeverage
Equity Delivery100% of trade value1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure)1x

Compositedge Ratings

Overall Rating Rated 4.2 stars 4.2/5
Fees Rated 4.2 stars 4.2/5
Brokerage Rated 4.6 stars 4.6/5
Usability Rated 4.0 stars 4.0/5
Customer Service Rated 4.2 stars 4.2/5
Research Capabilities

Based on 17 Votes by Compositedge Customers

Do you trade with Compositedge? Rate Compositedge


Compositedge Complaint

The number of Compositedge customer complaint received by the exchanges. The Compositedge consumer complaint report helps understanding the Composite Investments Pvt Ltd quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints** %
NSE 2019-20 1,368 1 0.07%
NSE 2018-19 1,452 1 0.07%
NSE 2016-17 1,515 1 0.07%
NSE 2015-16 1,422 1 0.07%
NSE 2013-14 970 1 0.1%

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit Compositedge Complaints at BSE, NSE and MCX for detail report.


31 Comments

31. Neha Desai  Aug 25, 2021 1:03:04 PM I Like It. | Report Abuse Reply
It was indeed a blunder to open account with such a company, from being charged for deposit & withdrawal of money to highest brokerage to possibly the worst website/product, it has everything a Broker in todays day and age cannot, anyways Ive stopped all my activities here, suggest you'll not to waste time here, there are several amazing options available


Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
30. Kamal Rashid Khan  Aug 27, 2021 1:47:03 PM I Like It. | Report Abuse Reply
These folks definitely have the WORST product in the segment, I dont think any other broker is as lame as these people are, i dont even think theyll have a product team per se, their customer support is shoddy, the charges they take for everything is similar to ICICI dorect or any other full service broker but the experience is so bad, I had recently tried their platform but it was so bad, in fact I even have trust issues with their depository skills, I hope exchanges cancel licences to such brokers, its a joke..

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
29. Abbas Daginawala  Sep 2, 2021 1:09:33 PM I Like It. | Report Abuse Reply
Hope SEBI shuts these jokers, bunch of cber cafe waalaas got together to start Composite and its visible in the product, its filed with glitches, the hidden charges, bakwaas advisory and overall experience has been pathetic. F U Composite!

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
29.1. Compositedge  Nov 1, 2021 7:12:32 PM I Like It. | Report Abuse
Hi!

Kindly provide us your Client ID for us to help you serve better.

Regards

Team Compositedge
28. Dr. Mohit  Oct 12, 2021 5:05:23 AM I Like It. | Report Abuse Reply
Garbage research, garbage support, absolutely appalling experience.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
28.1. Compositedge  Nov 1, 2021 7:11:13 PM I Like It. | Report Abuse
Hi! Mr.Mohit,

Kindly provide us your Client ID for us to address your Issues promptly.

Regards

TeamCompositedge
27. Salman Khan  Jul 11, 2018 9:33:38 PM I Like It. | Report Abuse Reply
Composite Edge is the worst broker I know in India. I have had accounts with Religare, India Infoline, Zerodha, and RKSV Securities (UPSTOX). I don't understand how Composite Edge is even in the same business. They have the worst processes and systems. Definitely not worth the money.

Also, it is not secure at all. The customer service team can reset your passwords at any time without informing you. Your assets are definitely not safe with them. I am not saying they are there to commit frauds, but the system definitely facilitates malpractices if someone wishes to do it. Not safe.

Further, they have the worst processes of all brokers I know. For everything, you need to send them a courier. Emails and scans don't work for anything. While every other broker is going forward, Composite Edge is going backward.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
26. Bose  Jan 30, 2018 11:37:33 AM I Like It. | Report Abuse Reply
Decent platform, excellent cust support

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
25. Subhash  Sep 17, 2016 1:26:40 PM I Like It. | Report Abuse Reply
Why don''t you provide profit and loss statement on end of year basis in intraday and delivery trades. Also the effective turnover in intraday and delivery trades.It would help for IT filing.
24. H S SHANKAR  Jul 26, 2016 7:00:18 PM I Like It. | Report Abuse Reply
PL SEND ME THE STATEMENT OF MY ACCOUNT
24.1. H S SHANKAR  Aug 26, 2016 3:31:09 PM I Like It. | Report Abuse
I HAVE AN GET D MAT A/C IN COMPOSITE INVESTMENT BUT FORGET ALL PARTICULARS WANT TO START TRADING AGAIN
23. Hema  Apr 7, 2016 1:55:17 PM I Like It. | Report Abuse Reply
Compositedge have good customer support. They have helped me a great deal about answering my questions. support quality and knowledge is excellent. They do provide automatic trading.
22. Divya.S  Mar 30, 2016 6:03:10 PM I Like It. | Report Abuse Reply
very good brokers and also provide fully automatic trading .
21. ARUN BOSE  Nov 28, 2015 12:08:45 AM I Like It. | Report Abuse Reply
conventional brokers are charging like anything. A normal invester like me not able to understand the contract note of these fulltime brokers. But with compositedge, their price structure is transparent and after trading completes I am able to calculate the total charges of that particular day, and in the client bill I can see the same amount. VERY VERY TRANSPARENT. FLLTIME BROKERS ARE LOOTING THE INVESTERS. BEWARE OF FULLTIME INVESTERS.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
20. Chandana Bala  Oct 14, 2015 1:04:49 AM I Like It. | Report Abuse Reply
very good.
19. SUSANTA BALA  Apr 29, 2015 2:42:56 AM I Like It. | Report Abuse Reply
Very good Brokerage firm/ May be one of the best discount Broker in India.
18. SUSANTA BALA  Apr 26, 2015 5:44:48 AM I Like It. | Report Abuse Reply
Very good broker.
17. sandip  Jan 3, 2015 6:45:58 PM I Like It. | Report Abuse Reply
I am looking for low cost trading. As per my information composite looks better. Any body knows any disadvantage of it as I want to trade in options segment. ?
17.1. Malini  Feb 19, 2015 3:06:40 PM I Like It. | Report Abuse
Hi!

I have been trading with Compositedge for the last 2 years.They do not have any disadvantage with regard to options trading.Their service is also fairly good.

Malini
17.2. SUSANTA BALA  Apr 26, 2015 5:22:13 AM I Like It. | Report Abuse
I have been trading last one year very good customer service,NO hiden cost truly. But they not provide Bracket Order on NOW terninal
16. Rakesh Tripathi  Oct 28, 2014 11:03:34 PM I Like It. | Report Abuse Reply
I am customer of compositedege since Jan 2013. Very prompt service customer support is excellent. I never called them for any complaints regarding calculations ar pricing whenever i called i called for help and they helped me.
I am very Happy that I am getting such a wonderful service at the lowest price in India.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Excellent
15. Compositedge  Jan 21, 2014 12:29:38 PM I Like It. | Report Abuse Reply
Hi!

We are a brokerage firm for over 18 years.We are one of the oldest brokers from South India.Please have a look at SEBI & NSE website.We would like to add that we also do not have a single complaint against us.

Regards
Team Compositedge
14. BN  Jan 16, 2014 4:54:05 AM I Like It. | Report Abuse Reply
Is this company is genuine & regesterd with sebi?
13. Malini  Jan 15, 2014 1:49:02 PM I Like It. | Report Abuse Reply
Compositedge has started Commodities trading.They will be the lowest among Discount brokers.The brokerage rates will remain the same ie Rs.18/- or 0.006% whichever is lower per executed order.
12. krishna  Sep 19, 2013 11:10:47 PM I Like It. | Report Abuse Reply
they have a very good cutomerservice

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Above Average
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Above Average
12.1. Anantha.KN  Sep 25, 2013 4:44:16 PM I Like It. | Report Abuse
Krishna I do agree with your comment, I did not had any plan about how share market works, but compositedge customer service give a brief idea about stock market, and helped me to create trading account, and trading, I appreciate for Excellent customer service.

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