Trade Smart Online Vs Composite Edge
| |Trade Smart 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.
Trade Smart Online Vs Composite Edge Review
Here is a point by point comparison of Trade Smart Online Vs Composite Edge.
Trade Smart Online is a discount broker that was incorporated by VNS – a stock broking firm that was founded in 1994.
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 or Trade Smart Online offer trading services at much cheaper brokerage rates and reasonable customer service. It can become very difficult to decide between two discount brokers who are almost similar in their propositions but still are different in areas that can make or break for customers.
To make things easy for you, we have listed out the comparison between Trade Smart 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
Trade Smart Online Vs Composite Edge Details
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.
Trade Smart Online Review | Composite Edge Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Discount Broker |
Incorporated In the Year | 1994 | 1994 |
Number of branches across India | 1 | 1 |
Exchanges | NSE, BSE, MCX, MCX-SX and NCDEX | BSE, NSE, MCX-SX and MCX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹200 | ₹350 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹200 | ₹50 |
Demat Account Annual Maintenance Charges | ₹300 | ₹300 |
Transaction Charges | Trade Smart Online Transaction Charges | Composite Edge Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹15 per executed order or 0.07% depending on the plan | ₹18 or 0.06% whichever is lower |
Intraday Delivery | ₹15 per executed order or 0.007% depending on the plan | ₹18 or 0.006% whichever is lower |
Equity Futures | ₹15 per executed order or 0.007% depending on the plan | ₹18 or 0.006% whichever is lower |
Equity Options | ₹15 or ₹7 per executed order depending on the plan | ₹18 or 0.006% whichever is lower |
Currency Futures | ₹15 per executed order or 0.007% depending on the plan | ₹18 or 0.006% whichever is lower |
Currency Options | ₹15 per executed order or 0.007% depending on the plan | ₹18 or 0.006% whichever is lower |
Commodity | ₹15 per executed order or 0.007% depending on the plan | ₹18 or 0.006% whichever is lower |
Brokerage Calculator | Trade Smart Online Brokerage Calculator | Composite Edge Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Intraday upto 30 times | Upto 5 times Intraday |
Equity Futures | Upto 5 times | Upto 3 times for Intraday |
Equity Options | Upto 5 times | Buying no Leverage, shorting upto 3 times for Intraday |
Currency Futures | Upto 3 times | Upto 2 times for Intraday |
Currency Options | Upto 3 times | Buying no Leverage, shorting upto 2 times for Intraday |
Commodities | Upto 5 times | 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) | NOW, Nest, Spin | NOW, Now Online, NSE Mobile |
Total BSE+NSE Complaints | 14 | 5 |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Trade Smart Online Vs Composite Edge for the benefits of other readers? Please feel free to share in the comments below.
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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