RECIEVED AN E_MAIL 25 rs per order unlimited shares

Guys i have recieved a e-mail to join Compositedge brokers they are based in banglore offer 25 rs per trade any one traded with them


I can only join them if they have good reputation and they provide margin against stocks to sell options

looks like just a wanna be ZERODHA but they say they are in business from last 16 years

Though i am also in business from last 9 :lol: years never heard of them may be they are banglore based thats why

Looks like competetion is heating up most of the brokers who have screwed up traders should be screwed % brokerage should be abolished

ANY INPUTS SUGGESTIONS EXPERIENCES ,WELCOME

I am hearinh their name for first time

Their calc...STT/Stamp..everything seems to be included
http://www.compositedge.com/?page_id=620

Regards,
Raju

Welcome to TJ. Please tell us more about yourself and your services.

SANJIV JI FROM COMPOSTIE EDGE WILL YOU GIVE MARGIN AGAINST STOCKS
DONT SAY NO OR NOT AS OF NOW OTHER WISE WE LL HAVE ANOTHER USELESS DISCOUNT BROKER ON THE FORUM (NO offence just my case )

Secondly i dont know how but in your math calculator i entered my trade of yesterday
and the cost i paid to religare at .005 % brokerage at intraday was less than 300
But you calculator says 360 RS

In your case only 50 rs brokerage in case of my religare account brokerage was 68.4
so as usual discount brokers charge a hell lot of other charges and its only good ( though i am not sure if it is ) if one trade big lots in one trade or one trade options

kindly provide margin soon i think the time discount brokers will take i might be retired by then not sure if my son will take up this profession either :clap:

Hi Sanjiv!!

You guys should have some ingenuity to come up with new ideas even if you decided to copy Zerodha's business model..

Other than the fact that 20 is Rs 25, everything else seems to be a cut copy paste..

Nothing against you personally, best of luck with the business..

Compositedge,

1) Which trading platform are you using ?
2) Rs. 25 per trade is the brokerage or includes all the charges ?

TP,

1. They are using NSE NOW
2. 25/- excluding charges. Charges Extra.

They are copying the Zerodha style, everything is same as Zerodha except Compositedge charging Rs. 25/- per order whereas Zerodha charges Rs. 20/-

So, Zerodha is the winner.

CompositEdge has much higher charges compared to Zerodha. They has withdrawal charges of Rs. 10/- per withdrawal. Minimum Withdraw amount is Rs. 1000/-

Payin charges is Rs. 15/- except HDFC and AXIS. Account opening charges are also higher.

The shocking thing is, if you buy any delivery shares and the shares goes in your DP, they will charge DP Buy (Receiving) charge of 0.02% or Rs. 10/- whichever is Higher.

IMO, Zerodha is way better. :clap:

At present I am not comparing them with other brokers. I would like them to give more details than the publicity blurbs. Maybe then we can compare them in the comparison threads that we have here on TJ.

Can you give a break up of your charges. Better if there is a calculator available. Also, a better idea about the intraday margins.

Suppose I sell Nifty @5040 and buy it back @5008,