Tradejini Vs Composite Edge – Share Brokers Comparison
Tradejini Vs Composite Edge
Here is a point by point comparison of Tradejini Vs Composite Edge. TradeJini, based out of Bengaluru, is a discount broker launched in 2012 by Kishore Kumar J and Dinesh Kumar M. They claim to have clients from more than 1000 cities and towns of India across all trading segments. 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.
Discount brokers such as Composite Edge or Tradejini 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 Tradejini 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
Tradejini Review | Composite Edge Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Discount Broker |
Incorporated In the Year | 2012 | 1994 |
Number of branches across India | 1 | 1 |
Exchanges | BSE, NSE, MCX and MCX SX | BSE, NSE, MCX-SX and MCX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹695 (get ₹300 off by Opening Account through Us) | ₹350 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹300 | ₹50 |
Demat Account Annual Maintenance Charges | ₹300 | ₹300 |
Transaction Charges | Tradejini Transaction Charges | Composite Edge Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹20 per executed order or 0.10% of Turnover whichever is lower | ₹18 or 0.06% whichever is lower |
Intraday Delivery | ₹20 per executed order or 0.01% of Turnover whichever is lower | ₹18 or 0.006% whichever is lower |
Equity Futures | ₹20 per executed order or 0.01% of Turnover whichever is lower | ₹18 or 0.006% whichever is lower |
Equity Options | ₹20 per executed order | ₹18 or 0.006% whichever is lower |
Currency Futures | ₹20 per executed order or 0.01% of Turnover whichever is lower | ₹18 or 0.006% whichever is lower |
Currency Options | ₹20 per executed order | ₹18 or 0.006% whichever is lower |
Commodity | ₹20 per executed order or 0.01% of Turnover whichever is lower | ₹18 or 0.006% whichever is lower |
Brokerage Calculator | Tradejini Brokerage Calculator | Composite Edge Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 20 Times for Intraday, & No leverage for Delivery | Upto 5 times Intraday |
Equity Futures | Normally 2.5 times with stop loss upto 5 times | Upto 3 times for Intraday |
Equity Options | Buy side – 100% margin ; Sell side – Margin like Futures required. Exposure normal 2.5 times | Buying no Leverage, shorting upto 3 times for Intraday |
Currency Futures | NA | Upto 2 times for Intraday |
Currency Options | NA | 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) | NEST, NSE Now, NSE Mobile Trading App | NOW, Now Online, NSE Mobile |
Total BSE+NSE Complaints | 9 | 5 |
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 Tradejini Vs Composite Edge for the benefits of other readers. Please feel free to share in the comments below.
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