Yes Securities Vs Composite Edge
Yes Securities Vs Composite Edge
Here is a point by point comparison of Yes Securities 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. Yes Securities, a bank based full service stock broker, was established in 2013 and has its headquarters in Mumbai. The broker offers free demat and trading account, provides tips and research to its clients at a reasonable brokerage percentage based rate.
Discount brokers such as Composite Edge offer trading services at much cheaper brokerage rates and reasonable customer service. Full service brokers such as Yes Securities 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 Yes Securities 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
Composite Edge Review | Yes Securities Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Full Service Broker |
Incorporated In the Year | 1994 | 2013 |
Number of branches across India | 1 | 52 |
Exchanges | BSE, NSE, MCX-SX and MCX | BSE, NSE |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹350 | ₹0 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹50 | ₹0 |
Demat Account Annual Maintenance Charges | ₹300 | ₹500 |
Transaction Charges | Composite Edge Transaction Charges | Yes Securities Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹18 or 0.06% whichever is lower | 0.45% or ₹25 whichever is higher |
Intraday Delivery | ₹18 or 0.006% whichever is lower | 0.05% |
Equity Futures | ₹18 or 0.006% whichever is lower | 0.05% |
Equity Options | ₹18 or 0.006% whichever is lower | ₹75 per lot |
Currency Futures | ₹18 or 0.006% whichever is lower | 0.05% |
Currency Options | ₹18 or 0.006% whichever is lower | ₹75 per lot |
Commodity | ₹18 or 0.006% whichever is lower | NA |
Brokerage Calculator | Composite Edge Brokerage Calculator | Yes Securities Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 5 times Intraday | Intraday upto 5 times |
Equity Futures | Upto 3 times for Intraday | Upto 3 times for intraday |
Equity Options | Buying no Leverage, shorting upto 3 times for Intraday | Buying No Leverage, Shorting upto 3 times for Intraday |
Currency Futures | Upto 2 times for Intraday | Upto 2 times for intraday |
Currency Options | Buying no Leverage, shorting upto 2 times for Intraday | Buying No Leverage, Shorting upto 3 times for Intraday |
Commodities | Upto 2 times for Intraday | NA |
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, Now Online, NSE Mobile | Yes Web, Mobile App |
Total BSE+NSE Complaints %age | 0.06% | 0.09% |
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 Yes Securities Vs Composite Edge for the benefits of other readers. Please feel free to share in the comments below.
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