INDmoney Vs Compositedge
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Compositedge
Compositedge Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney Vs Compositedge - Broker Details
| INDmoney | Compositedge | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2019 | 1995 |
| Exchanges | NSE, BSE and MCX | NSE, BSE and MCX |
| Branches | 966 | 1080 |
| Brokerage | 0.05% or up to ₹20/Per Order | ₹15 per order |
| Broker Type | Discount Broker | Discount Broker |
INDmoney Vs Compositedge - Account Opening & AMC Charges
| INDmoney | Compositedge | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹350/- |
| Demat Account Opening Charge | ₹0 (Free) | ₹50/- |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
INDmoney Vs Compositedge - Brokerage charges & Plans
| INDmoney | Compositedge | |
|---|---|---|
| Commodity Futures | N/A | ₹15 per order |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹15 per order |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹15 per order |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹15 per order |
| Commodity Options | N/A | ₹15 per order |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹15 per order |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹15 per order |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹15 per order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹15 per order |
INDmoney Vs Compositedge - Other Charges
| INDmoney | Compositedge | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | N/A |
| API Charges | N/A | ₹250 + tax respectively. |
| Call & Trade Charges | ₹50 per position | N/A |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹15 per order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹15 per order |
INDmoney Vs Compositedge - Transaction Charges
| INDmoney | Compositedge | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | 0.035% |
| Equity Futures | NSE: 0.00195% on total turnover value | 0.0019% |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | 0.00325% |
| Equity Options | NSE: 0.053% on premium value | 0.05000% |
| Commodity | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | 0.05000% |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | 0.0009% |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | 0.00325% |
INDmoney Vs Compositedge - Margin (Exposure)
| INDmoney | Compositedge | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 4x (Up to 20% of trade value) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
INDmoney Vs Compositedge - Features
| INDmoney | Compositedge | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1. CompositeEdge XTS App, 2. CompositeEdge XTS TWS EXE, 3. CompositeEdge TE App, 4. CompositeEdge TE Live EXE |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
INDmoney Vs Compositedge - Review & Rating
| INDmoney | Compositedge | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
INDmoney Vs Compositedge - Request a call back from Broker
| INDmoney | Compositedge | |
|---|---|---|
INDmoney Vs Compositedge - Investment Options
| INDmoney | Compositedge | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
INDmoney Vs Compositedge - Order Type
| INDmoney | Compositedge | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
INDmoney Vs Compositedge - Research & Report
| INDmoney | Compositedge | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
INDmoney Vs Compositedge - Daily Market Report
| INDmoney | Compositedge | |
|---|---|---|
| Daily Market Reports & News |
|
|
INDmoney Vs Compositedge - Suitable For Investor
| INDmoney | Compositedge | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
INDmoney Vs Compositedge - Pros & Cons
| INDmoney | Compositedge | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 1. Competitive brokerage rates, 2. Wide range of trading platforms, 3. Advanced charting and analysis tools, 4. Multiple investment options (stocks, commodities, currencies, etc, 5. User-friendly interface, 6. Excellent customer support. |
| Cons | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 1. Some users may find the account opening process lengthy, 2.Inactivity fees for dormant accounts, 3. Additional charges for certain services and features, 4. Limited physical branch presence, 5. Margin requirements and leverage limitations. |
INDmoney Vs Compositedge - Background
| INDmoney | Compositedge | |
|---|---|---|
INDmoney Vs Compositedge - Compare All Brokers
| INDmoney | Compositedge | |
|---|---|---|
INDmoney Vs Compositedge - STT/CTT
| INDmoney | Compositedge | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on the sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell (On Premium) | 0.0625% on the sell side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.0125% on the sell side |
| Commodity Options | 0.05% only on sell side | 0.05% on the sell side |
INDmoney Vs Compositedge - Demat transaction charges
| INDmoney | Compositedge | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹18.5 + GST per scrip |
INDmoney Vs Compositedge - GST
| INDmoney | Compositedge | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% On Brokerage and Transaction charges |
INDmoney Vs Compositedge - SEBI Charges
| INDmoney | Compositedge | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Compositedge - Account Opening & AMC Charges
INDmoney
Compositedge
Trading Account Opening Charge
₹0 (Free)
₹350/-
Demat Account Opening Charge
₹0 (Free)
₹50/-
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
INDmoney Vs Compositedge
| INDmoney | Compositedge | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
Compositedge Review | Services, Trading Software, and Brokerage Charges |
|
|
|
|
|
Compositedge
Compositedge Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney Vs Compositedge - Brokerage charges & Plans
| INDmoney | Compositedge | |
|---|---|---|
| Commodity Futures | N/A | ₹15 per order |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹15 per order |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹15 per order |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹15 per order |
| Commodity Options | N/A | ₹15 per order |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹15 per order |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹15 per order |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹15 per order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹15 per order |
INDmoney Vs Compositedge - Margin (Exposure)
| INDmoney | Compositedge | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 4x (Up to 20% of trade value) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
INDmoney Vs Compositedge - Other Charges
| INDmoney | Compositedge | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | N/A |
| API Charges | N/A | ₹250 + tax respectively. |
| Call & Trade Charges | ₹50 per position | N/A |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹15 per order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹15 per order |
INDmoney Vs Compositedge - STT/CTT
| INDmoney | Compositedge | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on the sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell (On Premium) | 0.0625% on the sell side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.0125% on the sell side |
| Commodity Options | 0.05% only on sell side | 0.05% on the sell side |
INDmoney Vs Compositedge - Demat transaction charges
| INDmoney | Compositedge | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹18.5 + GST per scrip |
INDmoney Vs Compositedge - GST
| INDmoney | Compositedge | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% On Brokerage and Transaction charges |
INDmoney Vs Compositedge - SEBI Charges
| INDmoney | Compositedge | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Compositedge - Features
| INDmoney | Compositedge | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1. CompositeEdge XTS App, 2. CompositeEdge XTS TWS EXE, 3. CompositeEdge TE App, 4. CompositeEdge TE Live EXE |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|