Some points you should be aware of concerning Compositedge Charges, if you wish to be a client of Compositedge. This article includes distinctive charges like brokerage, account opening, transaction charges and other charges involving Compositedge Brokerage charges.
Compositedge is a discount broker which has the lowest brokerage structure among the industry. They have the best in class order management systems and solutions.
Compositedge Brokerage Charges
Refer table below w.r.t Compositedge brokerage charges for different types of trading options offered by the company:
|Equity Delivery Trading||Rs.15 per executed order|
|Equity Intraday Trading||Rs.15 per executed order|
|Equity Futures Trading||Rs.15 per executed order|
|Equity Options Trading||Rs.15 per executed order|
|Currency Futures Trading||Rs.15 per executed order|
|Currency Options Trading||Rs.15 per executed order|
|Commodity Trading||Rs.15 per executed order|
|Demat AMC Charges||Free|
|Trading AMC Charges||Free|
|Margin Money||Zero Margin|
|Brokerage Calculator||Achiievers Equities Brokerage Calculator|
The equity delivery trading charge is Rs.15 per transaction. Also, the equity intraday trading cost is Rs.15 per order completed. The equity futures trading and equity options trading both have the same cost of Rs.15 per order carried out.
The currency futures trading charges are Rs.15 per executed order. The currency options trading charges are levied at Rs.15 per executed order. The same goes for commodity trading charges, which is also Rs.15 per order executed.
The minimum charge for brokerage you will be paying is Rs.15. The Demat AMC charges and Trading AMC charges both are zero. And there is zero margin for margin money. This concludes about the Compositedge brokerage charges that you will be paying.
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Compositedge Account Opening Charges
The below draft shows the Compositedge Account Opening Charges:
|Account Opening Charges|
|Trading Account Opening Charges [One Time]||Rs.250|
|Trading AMC [Yearly]||Free|
|Demat Account Opening Charges [One Time]||Rs.400|
|Demat AMC [Yearly]||Free|
|Margin Money||Zero Margin|
Opening a new account with a broker involves some cost. The one-time trading charges are Rs.250. But the Compositedge AMC charges for trading are without any cost. These are the Compositedge Trading charges you will pay.
The information for the Demat account is as follows. The one-time Demat charge is Rs.400, but the yearly charge for Demat AMC account is zero. The margin money is also zero.
Compositedge Transaction Charges
Compositedge will charge a transaction fee for every transaction you will make. The given table provides us with different charges briefly:
|Equity Delivery||0.00325% of Total Turnover|
|Equity Intraday||0.00325% of Total Turnover|
|Equity Futures||0.00325% of Total Turnover|
|Equity Options||0.00325% of Total Turnover|
|Currency Futures||0.00325% of Total Turnover|
|Currency Options||0.00325% of Total Turnover|
|Commodity||0.00325% of Total Turnover|
The equity delivery charges are 0.00325% of Total Turnover. Also, the equity intraday transaction charges are the same as equity delivery charges that are 0.00325% of Total Income. The equity futures and equity options transaction charge is 0.00325% of Total Turnover.
The currency futures transaction charge is 0.00325% of Total Output. And the transaction charge for currency options is 0.00325% of total yield. The commodity transaction charge is 0.00325% of Total turnover.
Overall, the Compositedge transaction charges are 0.00325% of Total Turnover.
Compositedge Other Charges
Some other Compositedge charges are mentioned below:
|SEBI Turnover Charges||0.0006% of Total Turnover|
|STT||0.0116% of Total Turnover|
|Stamp Duty||Depends on State (very minimal)|
|GST||18% of ((Brokerage + Transaction Charges)|
|Margin Funding Charges||18% + GST|
|Reactivation Charges||Rs.50 per Segment|
|Account Closure Charges||Zero|
The SEBI turnover charges in comparison to the total yield are 0.0006%. The STT in comparison to the total turnover is valued for 0.0116%. The stamp duty charges depend on the State but they are very minimal. Brokerage charge is excluding 18% GST.
The margin funding charges are 18% with the addition of GST. If you wish you reactivate any segment of your account, the charge for it is Rs.50 per segment. The account closing charge is zero. The dematerialisation charges are Rs.65.
Above mentioned are the Compositedge other charges you must pay.
Compositedge Charges – Conclusion
If you desire to be a client of Compositedge, you can always refer to different types of charges along with different types of trading options provided in the article. They are among the best of industry discount brokers.
The Compositedge Demat charge for a one-time account is Rs.400. But if you’re looking for a yearly Demat AMC account, then there is no cost for it.
The charge for account closure is zero. The minimum brokerage charge is Rs.15 per order executed. We hope this article covers all your concerns about Compositedge charges.
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