Composit Edge Discount Broker Charges
Incorporated in 1995, Composit Investments Pvt. Ltd. is a Bangalore based stock trading Discount brokerage firm providing ‘Flat Fee Stock Trading‘ or discount broker services through its online stock trading website.
Company charges discount brokerage of Rs 18 to Rs 15 per trade irrespective to the size of the trade and the segment in which trade is executed. Discount broker Composit edge simplifies the brokerage charges through this flat fee share dealing model or discounted online stock broking model..
Composit edge discount broker provides online share trading services to buy & sell stocks, futures, options and mutual funds. The trading platform available includes Trader Workstation (exe based installable application for high frequency traders), Web Trader (website based trading for casual traders) and Mobile Trading Platform (for people on move). Composit edge discount broker uses Nation Stock Exchange’s NOW (NSE on Web) as trading platforms.
Composit edge’s Trading Platforms Review
Composit edge provides 3 trading platforms:
- Installable Application (NSE NOW Trading Terminal) – An installable application can be downloaded and installed on your computer for free. This allows fast execution of orders along with real time monitoring.
- Online trading through website (though www.nowonline.in) – A user friendly website allows traders to trade online virtually anywhere using internet browser.
- Mobile Trading Platform (NSE Mobile Trading Platform) – The mobile application allows customers to monitor market and trade from mobile phones. Mobile trading is available to all customer without any additional charges.
- Trading Account Opening Charges (One Time): Rs.400/- for Online Application and Rs.500/- for Request an Application
- Demat account Opening Charges (One Time): Rs 100
- Trading Annual maintenance charges (AMC): Free
- Demat Account Annual Maintenance Charges (AMC): Rs 300 per year
- Commodity Account Opening Charges (One Time): Rs.400/- for Online Application and Rs.500/- for Request an Application
Composit edge Trading Charges Review
- Equity Delivery Based Trades: Rs 18 to Rs 15 per trade or 0.006% whichever is lower
- Equity Intraday Trades: Rs 18 to Rs 15 per trade or 0.006% whichever is lower
- Equity Future: Rs 18 to Rs 15 per trade or 0.006% whichever is lower
- Equity Options: Rs 18 to Rs 15 per trade or 0.006% whichever is lower
- Currency Future: Rs 18 to Rs 15 per trade or 0.006% whichever is lower
- Currency Options: Rs 18 to Rs 15 per trade or 0.006% whichever is lower
Special Trade Offer:
Composit edge has launched a special trade offer which will bring down the fixed price brokerage from Rs 18 and Rs 15 per trade, irrespective to the size or segment of the trade.
Through this offer Composit edge will charge:
- First 1000 orders – Rs 18 per order or 0.006% whichever is lower
- 1001 and above – Rs 15 per order or 0.006% whichever is lower
The number of orders is counted across the segments and over the time. For example if your first 1000 orders executed, your brokerage going forward is reduced to Rs 15 for life time. So after your 1000 trades you no more pay Rs 18 brokerage.