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Goodwill Commodities Vs Composite Edge – Share Brokers Comparison
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Goodwill Commodities Vs Composite Edge
Here is a point by point comparison of Goodwill Commodities Vs Composite Edge. Composite Edge started way back in 1994 but recently pivoted to discount broking few years back. Based out of Bengaluru, Composite edge is known for its incentivization towards heavy brokers with its brokerage charges getting lower for heavy traders. Goodwill Commodities is a chennai based full service stock broker which has an expertise in commodity trading. The broker was established in 2008 and has presence in 27 locations across different cities of India. Goodwill Commodities is known to provide high exposure but has relatively low focus on technology.
Discount brokers such as Composite Edge offer trading services at much cheaper brokerage rates and reasonable customer service. Full service brokers such as Goodwill Commodities will help you, spoon feed you, hand hold you through the process, even if you need an offline help, meet someone, talk to somebody and so on. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Goodwill Commodities Vs Composite Edge to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally above mentioned aspects are good enough to make a decision based on your preferences, but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
 |  | |
| Goodwill Commodities Review | Composite Edge Review | |
| OVERVIEW | ||
| Broker Type | Full Service | Discount Broker |
| Incorporated In the Year | 2008 | 1994 |
| Number of branches across India | 27 | 1 |
| Exchanges | BSE, NSE, MCX, NCDEX, MSEI | BSE, NSE, MCX-SX and MCX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹0 | ₹350 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹50 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹300 |
| Transaction Charges | Goodwill Commodities Transaction Charges | Composite Edge Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.5% | ₹18 or 0.06% whichever is lower |
| Intraday Delivery | 0.1% | ₹18 or 0.006% whichever is lower |
| Equity Futures | 0.1% | ₹18 or 0.006% whichever is lower |
| Equity Options | 2.5% on the premium or ₹100 per contract, whichever is higher | ₹18 or 0.006% whichever is lower |
| Currency Futures | 0.1% | ₹18 or 0.006% whichever is lower |
| Currency Options | 2.5% on the premium or ₹30 per contract, whichever is higher | ₹18 or 0.006% whichever is lower |
| Commodity | 0.1% | ₹18 or 0.006% whichever is lower |
| Brokerage Calculator | Goodwill Commodities Brokerage Calculator | Composite Edge Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 5 times Intraday, Upto 2 times delivery | Upto 5 times Intraday |
| Equity Futures | Upto 3 times for Intraday | Upto 3 times for Intraday |
| Equity Options | No Leverage | Buying no Leverage, shorting upto 3 times for Intraday |
| Currency Futures | Upto 2 times for Intraday | Upto 2 times for Intraday |
| Currency Options | No Leverage | Buying no Leverage, shorting upto 2 times for Intraday |
| Commodities | Upto 3 times for Intraday | Upto 2 times for Intraday |
| RESEARCH | ||
| Daily Market Reports |  |  |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | ODIN Diet, NEST, iWin Mobile App, Goodwill Web Trading app | NOW, Now Online, NSE Mobile |
| Complaints percentage | 0.15% | 0.06% |
| OVERALL RATING |  | |
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with Goodwill Commodities Vs Composite Edge for the benefits of other readers. Please feel free to share in the comments below.
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Goodwill Commodities Vs Composite Edge
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