Looking for Low Brokerage, High Margin & Free Tips?
Finvasia Vs Composite Edge – Share Brokers Comparison
| | Broker Comparison, Trading | No Comments
Finvasia Vs Composite Edge
Here is a point by point comparison of Finvasia Vs Composite Edge. Finvasia is a discount broker launched in 2013 with a unique proposition of zero brokerage charges on trading. The broker charges its clients on the basis of the trading platform(s) subscribed to. Based out of Chandigarh, Finvasia allows to trade in Equity, Commodity and Derivatives and not in currency. 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 Finvasia 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 Finvasia 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 | Finvasia Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 1994 | 2013 |
| Number of branches across India | 1 | 1 |
| Exchanges | BSE, NSE, MCX-SX and MCX | NSE, BSE, MCX |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| 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 | ₹0 |
| Transaction Charges | Composite Edge Transaction Charges | Finvasia Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹18 or 0.06% whichever is lower | ₹149 per month per segment |
| Intraday Delivery | ₹18 or 0.006% whichever is lower | ₹149 per month per segment |
| Equity Futures | ₹18 or 0.006% whichever is lower | ₹149 per month per segment |
| Equity Options | ₹18 or 0.006% whichever is lower | ₹149 per month per segment |
| Currency Futures | ₹18 or 0.006% whichever is lower | ₹149 per month per segment |
| Currency Options | ₹18 or 0.006% whichever is lower | ₹149 per month per segment |
| Commodity | ₹18 or 0.006% whichever is lower | ₹149 per month per segment |
| Brokerage Calculator | Composite Edge Brokerage Calculator | |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 5 times Intraday | Upto 10 times for Intraday |
| Equity Futures | Upto 3 times for Intraday | Upto 2 times |
| Equity Options | Buying no Leverage, shorting upto 3 times for Intraday | NA |
| Currency Futures | Upto 2 times for Intraday | NA |
| Currency Options | Buying no Leverage, shorting upto 2 times for Intraday | NA |
| Commodities | Upto 2 times for Intraday | Upto 2 times |
| 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 | NOW, Nest, AMI Broker, Presto, Blitz |
| Total BSE+NSE Complaints | 5 | 4 |
| 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 Finvasia Vs Composite Edge for the benefits of other readers. Please feel free to share in the comments below.
Check out more comparisons here.
Summary
Reviewer
A Digital Blogger
Date
Broker Name
Finvasia Vs Composite Edge
Overall Rating
