Compositedge Demat & Trading Account General FAQs [Frequently Asked Questions]

Compositedge

Compositedge, also known as Composite Investment Pvt. Ltd is a discount brokerage firm offering fixed price brokerage services to its clients. The company offers stock trading services through its online and mobile stock trading platforms. 

Compositedge is among the fast-growing discount brokers in India. It has over 16 years of experience in stockbroking in Karnataka, India.

Compositedge FAQs

Q1. Does Compositedge is a discount broker or full-service broker?

Ans. Compositedge is an online discount based brokerage firm.

Q2. When Compositedge brokerage firm started its services?

Ans. Compositedge started offering its services in the year 1997. 

Q3. In which state of India Compositedge stated its first service?

Ans. The Compositedge broker started its first service in the state of Karnataka. 

Q4. Who is the CEO of the Compositedge?

Ans. Mr. Mukesh Patel is the CEO and Chairman of the Compositedge.

Q5. Mention the name of the Compositedge MD?

Ans. Mr. Satish Kumar Dutt is the Managing Director of Compositedge.

Q6. Who is the Director of the Compositedge brokerage firm?

Ans. Mr. Brijesh Patel is the Director of the Compositedge Brokerage firm.

Compositedge

Q7. Does Compositedge hold its Depository participant services?

Ans. Yes, Compositedge holds its own DP services with CDSL. 

Q8. Does Equity Trading is allowed with Compositedge?

Ans. Yes, Equity Trading is allowed with Compositedge.

Q9. Is there any future trading option Compositedge offers to its users?

Ans. Yes, Compositedge offers Future Trading to its clients.

Q10. Does Currency Trading is allowed with Compositedge?

Ans. Yes, Currency Trading is allowed with Compositedge.

Q11. Does Mutual funds investment feature is available with Compositedge?

Ans. Yes, Compositedge offers Mutual Fund investment services to its clients.

Q12. Being a client, it is allowed to use the Algo trade feature with the Compositedge trading platform? 

Ans. Yes, you can use the Algo Trade facility with Compositedge financial firm.

Q13. Trading Commodity with Compositedge is allowed or not?

Ans. Yes, you are allowed to do so with the help of the broker.

Q14. Mention the name of the official desktop-based trading platform of Compositedge?

Ans. The Trader Workstation (TWS) is the official Desktop-based trading platform.

Q15. Is there any other trading platform offered by Compositedge?

Ans. Yes, the Compositedge brokerage firm offers another trading platform named as The Protrader.

Q16. Name the developer of Protrader.

Ans. It is developed by the company PFSOFT.

Q17. What is the mobile trading application of Compositedge?

Ans. Compositedge offers its clients with NSE mobile trading application.

Q18. What is the opening charge of Compositedge for the account of Trading?

Ans. Rs. 400 for online Applications and Rs. The broker charges 500 for on request application.

Q19. What is the opening charge of Compositedge for the account of DEMAT?

Ans. The broker offers DEMAT account services for Rs. 100.

Q20. What is the AMC compositedge charge for a trading account?

Ans.  It is free of cost 

Q21. What is the AMC compositedge charge for the DEMAT account?

Ans. Rs.300 per annum is the charge the broker imposes on its Clients.

Q22. What is the opening charge of Compositedge for the account of Commodity?

Ans. 400 for online Application and Rs. 500 for on request application is charged by the broker.

Q23. What is the brokerage charge Compositedge charges for Equity Delivery?

Ans. It is around 0.006 percent or Rs. 15 per trade levied by the financial firm.

Q24. What is the brokerage charge Compositedge charges for Equity Options?

Ans. It is around 0.006 percent or Rs. 15 per trade levied by the financial firm.

Q25. What is the brokerage charge Compositedge charges for Equity Intraday?

Ans. It is around 0.006 percent or Rs. 15 per trade levied by the financial firm.

Q26. What is the brokerage charge Compositedge charges for Equity Futures?

Ans. It is around 0.006 percent or Rs. 15 per trade levied by the financial firm.

Q27. What is the brokerage charge Compositedge charges for Currency options?

Ans. It is around 0.006 percent or Rs. 15 per trade levied by the financial firm.

Q28. What is the brokerage charge Compositedge charges for Currency Futures?

Ans. It is around 0.006 percent or Rs. 15 per trade levied by the financial firm.

Q29. Mention Compositedge SEBI charges levied to its users.

Ans. Compositedge charges Rs. 10 per Crore for SEBI charges

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Q30. Mention the stamp duty charge of Compositedge?

Ans. The firm charges Rs. 50 or 0.01 percent for it stamp duty charges.

Q31. How much Compositedge charge for Equity Intraday transaction?

Ans. The company charges Rs. 375 /Crore for Equity Intraday Transaction.

Q32. How much Compositedge charge for Equity Delivery transaction?

Ans. The firm charges Rs. 375 /Crore for Equity Delivery Transaction.

Q33. How much Compositedge charge for Equity Futures transaction?

Ans. The investment firm charges Rs. 375 /Crore for Equity Futures Transaction.

Q34. How much Compositedge charge for Equity Options transaction?

Ans. The investment firm charges Rs. 7500 /Crore for Equity Options Transaction.

Q35. How much the broker imposes for Currency Options transaction?

Ans. The investment firm charges Rs. 7000 /Crore for Currency options Transaction.

Q36. How much the broker imposes for Currency Futures transaction?

Ans. The investment firm charges Rs. 300 /Crore for Currency Futures Transaction.

Q37. Is there any bounce cheque charges with Compositedge?

Ans. Rs. 100 is the cheque bounce charges with Compositedge.

Q38. What is the online fund transfer charge of Compositedge?

Ans. Rs. 15 is the per-transaction charge for online fund transfer. 

Q39. What is the DP buying charge of the compositedge?

Ans. The DP buying charge of compositedge is Rs. 10.

Q40. What is the DP selling charge of the compositedge?

Ans. The DP selling charge of compositedge is Rs. 10.

Q41. What is the charge for a paper-based account statement?

Ans. Rs.50 is the charge for paper-based account statements. 

Q42. How much Compositedge charges for paper based duplicate trade Confirmation?

Ans.  Rs. 50 is the charge for paper based duplicate trade Confirmation.

Q43. How much Compositedge charges for paper based duplicate account statement?

Ans.  Rs. 50 is the charge for a paper-based duplicate account statement. 

Q44. What charge does the brokerage firm impose on its clients for assistance?

Ans. Rs. 25 per trade is the brokerage assistance charge.

Q45. What is the cheque withdrawal charge of Compositedge?

Ans.Rs.30 is the cheque charge of compositedge

Q46. What is the stockbroking category of Compositedge?

Ans. Compositedge is a discount brokers company.

Q47. Who are the founders and directors of Compositedge?

Ans. Compositedge was co-founded by Mukesh P Patel, Brijesh P Patel, and Satish Kumar Dutt. They currently hold the position of chairman, CEO and director respectively.

Q48. What is the headquarters and operation country of Compositedge?

Ans. The headquarters of Compositedge is located in Bangalore, Karnataka. The operation of Compositedge services extends all over India and beyond through their NRI and Foreign services.

Also Read: Composite Edge Margin Calculator

Q49. What are the company charges? 

Ans. Compositedge offers a fixed price of Rs. 15 for each trade. The flat brokerage price applies to all trade irrespective of the size of the trade a client executes.

Q50. What is the cost of opening a trading account with Compositedge?

Ans. Compositedge offers a one-time account opening charge of Rs. 400 if a client opens a trading account online. However, the charges for request-application are Rs. 500. There are no monthly or yearly plans with Compositedge.

Q51. Is Demat account necessary on Compositedge?

Ans. Yes. To trade, you will need to open a Demat account with Compositedge. The cost of opening a Demat account is a one-time charge of Rs. 100. To maintain this account, the charges are Rs. 300 per annum.

Q52. Do Compositedge offer a commodity account? 

Ans. Yes. Compositedge offers a commodity account to its client with charges of Rs.400 and Rs. 500 for online application and application request respectively.

Q53. What is the depository source of the Compositedge? 

Ans. Compositedge is registered as Depository Participants (DP). The depository source for Compositedge is CDSL and NSDL. Clients with DP account have access to added advantages such as access to full statements online, 24/7 transfer or view through CDSL and many more.

Q54. What special offers does Compositedge offer to its clients?

Ans. Compositedge provides referral offers, discounts, free maintenance on accounts and many more. In addition to these, Compositedge offers a free online brokerage calculator to give clients an accurate image of total trading costs.

Q55. How do clients open an account with Compositedge?

Ans. There are two options to open an account with Compositedge. It is a combination of the manual and online process because of clients download account opening forms, fill the form details and submit the filled document to Compositedge via courier services.

Q56. How long does it take for an account to be verified by Compositedge?

Ans. Normally it takes about 1 day to get your account verified by Compositedge. However, there are factors that could affect the time it takes to get your account opened such as courier services. Compositedge Forum has resources where a client can refer in regards to account opening.

Q57. What makes trading with Compositedge unique?

Ans. There are several benefits and positive pecks of Compositedge. The most outstanding is the free fund transfer charges to 3 major banks in India. These banks include AXIS Bank, HDFC Bank, and Kotak Mahindra bank.

Q58. What are the services offered by Compositedge?

Ans. Clients get to enjoy commodity, equity and currency trading services. Additional services include; futures, options, SIP, mutual funds, and insurance.

Q59. What Insurance services does Compositedge offer to its clients?

Ans. Compositedge Composite Insurance services to its clients and investors to help them trade effectively. They have various options and coverage for clients to choose from. Some of these brokerage insurance services include life insurance, health insurance, motor insurance, travel insurance, asset insurance and many more.

Q60. What is the trading exposure of Compositedge?

Ans. The trading exposure or leverage of Compositedge is up to a maximum of 5X for the equity intraday section.

Q61. Does Compositedge offer analysis and research services?

Ans. No. when it comes to research and analysis Compositedge does not offer the service because they are discount brokers so investors just come to trade and not to look for information and reports.

Q62. What trading platforms are available with Compositedge?

Ans. Compositedge offers 3 types of trading platforms that are compatible with every device. These platforms include; Pro-trader, TWS (Trader Workstation), and Mobile trading platform.

Q63. What features are available on Compositedge trading platforms?

Ans. Compositedge trading platforms offer live updates, portfolio details, news flash, global indices, online MF buy, live markets, interactive chats, and email alerts.

open Compositedge demat account

Q64. Has Compositedge ever received clients’ complaints?

Ans. Yes. Compositedge has had 15 and 34 complaints on BSE and NSE respectively. 14 and 31 complains were successfully resolved respectively. This means that Compositedge takes customers’ concerns seriously and resolves them swiftly.

Q65. Does Compositedge offer Algo Trading?

Ans. Compositedge offers a fully automated trading service which is also known as Algo Trading to its investors.

Q66. Does Compositedge offer call back services to their clients?

Ans. Yes.  Compositedge offers callback services to their customers. Clients just need to fill an online form on www.compositedge.com with name, email and phone details.

Q67. Does Compositedge offer support forum?

Ans. Yes. Compositedge offers an online support forum where clients can interact and share tips or any concerns, they might encounter with their trade with Compositedge. The forum covers various topics in different categories in stock brokerage.

Q68. Why should clients choose Compositedge for their investment?

Ans. Compositedge pride itself as the leading discount brokers in India Financial Market. Reliability is the key to choosing Compositedge, a variety of products, innovations, great customer support and referrals schemes make it stand out.

Q69. What are the contact details of the Compositedge?

Ans. To get in touch with Compositedge, the contact details include; phone number, 080 41145828 / 829. Email address; [email protected] in addition, a client can reach out to Compositedge through their Facebook page at facebook.com/compositedge

Q70. Does Compositedge offer online support services?

Ans. Yes. What makes the company stand out when it comes to customer support is the integration of online chat on their website. This feature allows investors and clients to get in touch with Compositedge support easily.

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Stockquantum was founded by Dharmendra Mukati in 2018. I am a Trader and Investor in the last 10 years. I am writing here about stock broker review, broker comparison, IPO investment, Crypto currencies, technical analysis, fundamental analysis, sub brokership, mutual fund, personal finance, and our experiences.