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Zerodha Vs Composite Edge
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Zerodha Vs Composite Edge comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Zerodha Vs Composite Edge Comparison
Here is a point by point comparison of Zerodha Vs Composite Edge.
Zerodha is also one of the leading discount brokers in India which was founded in 2010. Zerodha has been there in the market for a while and understands the concept of discount broking and how it helps traders.
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 Zerodha 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 Zerodha 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
Zerodha Vs Composite Edge Details
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 stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
This is how both these stockbrokers stack up against each other:
 |  | |
| Zerodha Review | Composite Edge Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 2010 | 1994 |
| Number of branches across India | 11 | 1 |
| Exchanges | BSE, NSE, MCX, MCX-SX | BSE, NSE, MCX, MCX-SX |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹200 (₹300 if you want to Zerodha to courier account opening forms) | ₹350 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹100 | ₹50 |
| Demat Account Annual Maintenance Charges | ₹300 | ₹300 |
| Transaction Charges | Zerodha Transaction Charges | Composite Edge Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹0 | ₹18 or 0.06% whichever is lower |
| Intraday Delivery | 0.01% or ₹20 per trade whichever is lower | ₹18 or 0.006% whichever is lower |
| Equity Futures | 0.01% or ₹20 per trade whichever is lower | ₹18 or 0.006% whichever is lower |
| Equity Options | 0.01% or ₹20 per trade whichever is lower | ₹18 or 0.006% whichever is lower |
| Currency Futures | 0.01% or ₹20 per trade whichever is lower | ₹18 or 0.006% whichever is lower |
| Currency Options | 0.01% or ₹20 per trade whichever is lower | ₹18 or 0.006% whichever is lower |
| Commodity | 0.01% or ₹20 per trade whichever is lower | ₹18 or 0.006% whichever is lower |
| Calculate Brokerage | Zerodha Brokerage Calculator | Composite Edge Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 5 times for Intraday | Upto 5 times Intraday |
| Equity Futures | Upto 5 times to 20 times for Intraday | Upto 3 times for Intraday |
| Equity Options | Upto 5 times to 20 times for Intraday | Buying no Leverage, shorting upto 3 times for Intraday |
| Currency Futures | Upto 5 times for Intraday | Upto 2 times for Intraday |
| Currency Options | Upto 5 times for Intraday | Buying no Leverage, shorting upto 2 times for Intraday |
| Commodities | Upto 5 times for Intraday | Upto 2 times for Intraday |
| Margin | Zerodha Margin | |
| 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 | | |
| Customer Care | Zerodha Customer Care | |
| 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) | Zerodha Pi, Zerodha Kite, Zerodha Kite Mobile App, NEST Trader | NOW, Now Online, NSE Mobile |
| Complaint Percentage of Active Clients | 0.02% | 0.06% |
| OVERALL RATING |  |  |
*NSE Complaints Percentage: Lower is this number, Better is the broker.
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover. For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
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 Zerodha Vs Composite Edge for the benefits of other readers? Please feel free to share in the comments below.
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Summary
Reviewer
A Digital Blogger
Date
Broker Name
Zerodha Vs Composite Edge
Overall Rating
