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Karvy Online Vs Composite Edge
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Karvy Online Vs Composite Edge comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Karvy Online Vs Composite Edge Comparison
Here is a point by point comparison of Karvy Online Vs Composite Edge.
Karvy Online is the broking arm of Karvy Group and has a presence across 400 cities of India. It is involved not only in retail broking but also has a prominent name in institutional and corporate investments.
Incorporated in 1985, Karvy today has a membership with BSE, NSE, MCX-SX, MCX and NCDEX and is one of the top 10 stock brokers in India.
Composite Edge started way back in 1994 but recently pivoted to discount broking a 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.
Discount brokers such as Composite Edge offer trading services at much cheaper brokerage rates and reasonable customer service. Full-service brokers such as Karvy Online will help you, spoon feed you, handhold 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 Karvy Online 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 stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Karvy Online Vs Composite Edge Compare
 |  | |
| Karvy Online Review | Composite Edge Review | |
| OVERVIEW | ||
| Broker Type | Full Service | Discount Broker |
| Incorporated In the Year | 1985 | 1994 |
| Number of branches across India | 400 | 1 |
| Exchanges | BSE, NSE, MCX-SX, MCX and NCDEX | BSE, NSE, MCX-SX and MCX |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹0 | ₹350 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹420 | ₹50 |
| Demat Account Annual Maintenance Charges | ₹500 (FREE for first year) | ₹300 |
| Transaction Charges | Karvy Online Transaction Charges | Composite Edge Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.3% | ₹18 or 0.06% whichever is lower |
| Intraday Delivery | 0.03% | ₹18 or 0.006% whichever is lower |
| Equity Futures | 0.03% | ₹18 or 0.006% whichever is lower |
| Equity Options | ₹30 per lot | ₹18 or 0.006% whichever is lower |
| Currency Futures | 0.03% | ₹18 or 0.006% whichever is lower |
| Currency Options | ₹30 per lot | ₹18 or 0.006% whichever is lower |
| Commodity | 0.03% | ₹18 or 0.006% whichever is lower |
| Brokerage Calculator | Karvy Online Brokerage Calculator | Composite Edge Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Intraday upto 20 times, 0 for Delivery | Upto 5 times Intraday |
| Equity Futures | Upto 4 times for Intraday | Upto 3 times for Intraday |
| Equity Options | No Leverage for buying, upto 4 times for Shorting Intraday | Buying no Leverage, shorting upto 3 times for Intraday |
| Currency Futures | No Leverage | Upto 2 times for Intraday |
| Currency Options | No Leverage | Buying no Leverage, shorting upto 2 times for Intraday |
| Commodities | Upto 4 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) | NEST, Karvy Web, Trade Mobile App | NOW, Now Online, NSE Mobile |
| Total BSE+NSE Complaints | 229 | 5 |
| OVERALL RATING |  |  |
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
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Karvy Online Vs Composite Edge
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