Shriram Insight Vs Composite Edge – Share Brokers Comparison
Shriram Insight Vs Composite Edge
Here is a point by point comparison of Shriram Insight Vs Composite Edge. Shriram Insight, is a full service stock broker with a presence in around 700 different locations across India. The broker provides free account opening with reasonable brokerage rates but the quality of its service and research can be improved. 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 offer trading services at much cheaper brokerage rates and reasonable customer service. On the other hand, Shriram Insight as a full service broker, 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. 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 Shriram Insight 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
Shriram Insight Review | Composite Edge Review | |
OVERVIEW | ||
Broker Type | Full Service Stock Broker | Discount Broker |
Incorporated In the Year | 1974 | 1994 |
Number of branches across India | 700 | 1 |
Exchanges | NSE, BSE, MCX, RCL | BSE, NSE, MCX-SX and MCX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹350 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹290 | ₹50 |
Demat Account Annual Maintenance Charges | ₹0 | ₹300 |
Transaction Charges | Shriram Insights 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 | ₹50 per contract | ₹18 or 0.006% whichever is lower |
Currency Futures | 0.03% | ₹18 or 0.006% whichever is lower |
Currency Options | ₹50 per contract | ₹18 or 0.006% whichever is lower |
Commodity | 0.03% | ₹18 or 0.006% whichever is lower |
Brokerage Calculator | Shriram Insight Brokerage Calculator | Composite Edge Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Intraday upto 2 times | Upto 5 times Intraday |
Equity Futures | Same as margin | Upto 3 times for Intraday |
Equity Options | Same as margin | Buying no Leverage, shorting upto 3 times for Intraday |
Currency Futures | Same as margin | Upto 2 times for Intraday |
Currency Options | Same as margin | Buying no Leverage, shorting upto 2 times for Intraday |
Commodities | Same as margin | 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) | NetPro Desktop, NetPro Browser, Mobile App | NOW, Now Online, NSE Mobile |
Total BSE+NSE Complaints Percentage | 0.05% | 0.06% |
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 Shriram Insight Vs Composite Edge for the benefits of other readers. Please feel free to share in the comments below.
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