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Upstox Vs Composite Edge – Share Brokers Comparison
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Upstox Vs Composite Edge
Here is a point by point comparison of Upstox Vs Composite Edge. RKSV (or Upstox) is a discount broker launched by 3 co-founders in 2012. Today, Upstox does a daily turnover of ₹5000 Crore with a customer base of around 20,000. The firm has been backed up by some of the prominent names such as Ratan Tata, Kalaari Capital and GVK Davix. 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 Upstox 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 Upstox 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 | Upstox Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 1994 | 2012 |
| Number of branches across India | 1 | 3 |
| Exchanges | BSE, NSE, MCX-SX and MCX | NSE, BSE, MCX and MCX – SX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹350 | ₹150 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹50 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹300 | ₹150 |
| Transaction Charges | Composite Edge Transaction Charges | Upstox Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹18 or 0.06% whichever is lower | ₹0 |
| Intraday Delivery | ₹18 or 0.006% whichever is lower | ₹20 per executed order |
| Equity Futures | ₹18 or 0.006% whichever is lower | ₹20 per executed order |
| Equity Options | ₹18 or 0.006% whichever is lower | ₹20 per executed order |
| Currency Futures | ₹18 or 0.006% whichever is lower | ₹20 per executed order |
| Currency Options | ₹18 or 0.006% whichever is lower | ₹20 per executed order |
| Commodity | ₹18 or 0.006% whichever is lower | ₹20 per executed order |
| Brokerage Calculator | Composite Edge Brokerage Calculator | Upstox Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 5 times Intraday | Upto 20 times Intraday |
| Equity Futures | Upto 3 times for Intraday | Upto 4 times for Intraday |
| Equity Options | Buying no Leverage, shorting upto 3 times for Intraday | Upto 4 times for Intraday |
| Currency Futures | Upto 2 times for Intraday | Upto 4 times for Intraday |
| Currency Options | Buying no Leverage, shorting upto 2 times for Intraday | Upto 4 times for Intraday |
| Commodities | Upto 2 times for Intraday | Upto 3 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, Now Online, NSE Mobile | NEST, Upstox, Upstox Pro |
| Total BSE+NSE Complaints %age | 0.06% | 0.12% |
| 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 Upstox Vs Composite Edge for the benefits of other readers. Please feel free to share in the comments below.
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Summary
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Broker Name
Upstox Vs Composite Edge
Overall Rating
