Top Stock Advisory
Compositedge vs. Microsec Capital
All stockbrokers charge you a fee for carrying out trading transactions. They charge you different fees for different asset classes. So, to maximize your returns and best trading experience, you need to choose the best stock broker.
Among the best stockbrokers in India, two top names are Compositedge and Microsec Capital. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Compositedge and Microsec Capital.
Overview
Compositedge are Microsec Capital both private companies and Compositedge operates as a discount broker, while Microsec Capital functions as a full service broker. Mukesh Patel, Satish Dutt & Brijesh Patel co-founded Compositedge in 1997. And Microsec Capital was founded in the year 1995 by Banwari Lal Mittal. Compositedge's headquarters are in Bangalore, Karnataka and Microsec Capital's headquarters are in Kolkata.
Compositedge operates as a discount broker, while Microsec Capital functions as a full service broker. Compositedge is registered in NA, while Microsec Capital is registered in NA. The total branches of Compositedge are Nil and the Microsec Capital branches are Nil.
| Overview | Compositedge | Microsec Capital |
|---|---|---|
| Broker Type | Discount Broker | Full Service Broker |
| Type of company | Private | Private |
| Headquarter | Bangalore, Karnataka | Kolkata |
| Founders | Mukesh Patel, Satish Dutt & Brijesh Patel | Banwari Lal Mittal |
| Foundation Year | 1997 | 1995 |
| Supported Exchanges | NA | NA |
| Total branches | Nil | Nil |
Compositedge and Microsec Capital Trading Account Opening and Demat Charges
A dematerialization account, also known as a Demat account keeps the securities in an electronic form that are deposited with National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL).
Account opening fees for various brokers range from 0 to Rs.200, with Compositedge charging Rs.400 and Microsec Capital charging Free.
When you open a Demat account, you must pay specific fees such as account maintenance fees, broker commissions, GST, and STT. When you open a Demat account, you must pay specific fees such as account maintenance charges, broker commissions, GST, and STT. So, account maintenance charges (AMC) for the Compositedge Demat account is Free and for the Microsec Capital Demat account is Rs.160 per Annum. The Trading AMC for Compositedge and Microsec Capital is free. And the margin money for both brokers is also zero.
As we know that NSDL and CDSL are the two depositories in India registered by Indian Government which holds various securities in electronic form like stocks, bonds, etc. So, the depository for both Compositedge and Microsec Capital is CDSL.
| Account Opening and Demat Charges | Compositedge | Microsec Capital |
|---|---|---|
| Trading Account Opening Charges | Rs.400 | Free |
| Demat AMC (Annual Maintenance Charges) | Free | Rs.160 per Annum |
| Trading AMC (Annual Maintenance Charges) | Free | Rs.160 per Annum |
| Margin Money | Zero Margin | Zero Margin |
| Offline to Online Charges | Yes | Yes |
| Depository | CDSL & NSDL | CDSL & NSDL |
Compositedge and Microsec Capital Equity Brokerage Charges
There are more charges that a broker charges for equity transactions.
Equity delivery charges: This means holding the stocks for a certain period of time and selling it when you make a profit. Different brokers charge different rates on Equity Delivery. The Equity Delivery charges for Compositedge is Rs.15 per executed order, while Microsec Capital charges you 0.16%.
Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Compositedge is Rs.15 per executed order and for Microsec Capital also, it is 0.02%.
Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Compositedge charge Rs.15 per executed order and Microsec Capital charge 0.02% for equity futures.
Equity Options: These are contracts that allow an investor to buy or sell equities at a predetermined or strike price, (1 contract=100 shares). For equity options, Compositedge charges Rs.15 per executed order, and Microsec Capital charges Rs.16 per Lot.
| Equity Brokerage Charges | Compositedge | Microsec Capital |
|---|---|---|
| Equity Delivery Brokerage | Rs.15 per executed order | 0.16% |
| Equity Intraday Brokerage | Rs.15 per executed order | 0.02% |
| Equity Futures Brokerage | Rs.15 per executed order | 0.02% |
| Equity Options Brokerage | Rs.15 per executed order | Rs.16 per Lot |
Compositedge and Microsec Capital Currency Brokerage Charges
Currency trading is also known as forex trading, which is used to buy and sell currency pairs. Most brokers offer this trading service.
Currency Future: It is also known as Foreign exchange futures. It is a type of contract where buying and selling of currencies is done on a future date at a fixed price. The Currency Futures Brokerage for Compositedge is Rs.15 per executed order and for Microsec Capital is 0.02%.
Currency Options: A currency option, like an equity option, is a contract that allows a buyer the right (but not the responsibility) to purchase or sell a specified currency at a fixed exchange rate on or before a particular date. Compositedge charges Rs.15 per executed order for currency options, whereas Compositedge charges Rs.10 per Lot.
| Currency Brokerage Charges | Compositedge | Microsec Capital |
|---|---|---|
| Currency Futures Brokerage | Rs.15 per executed order | 0.02% |
| Currency Options Brokerage | Rs.15 per executed order | Rs.10 per Lot |
Compositedge and Microsec Capital Commodity Brokerage Charges
Commodity Trading: Commodity trading involves the purchase and sale of various commodities such as gold, silver, agriculture, and energy, as well as their derivative products. Compositedge charges Rs.15 per executed order for commodity trading, while Microsec Capital charges NA.
| Commodity Brokerage Charges | Compositedge | Microsec Capital |
|---|---|---|
| Commodity Options Brokerage | Rs.15 per executed order | NA |
Compositedge and Microsec Capital Other Charges
Here are some other broker charges that should know about -
Minimum Broker Charges: Compositedge levies a minimum brokerage fee of Rs.15, while Microsec Capital charges Percentage of Transaction brokerage fee.
Transaction Brokerage Charges: Compositedge levies a transaction brokerage charge of 0.00325% of Total Turnover, while Microsec Capital charges 0.00313%.
SEBI Turnover Charges: Securities and Exchange Board of India (SEBI) is the market regularly and monitors fair trade practices. They also charge a small fee known as the SEBI Turnover fee. So, the SEBI Turnover charges for Compositedge is 0.0006% of Total Turnover and for Compositedge is 0.0002% of Total Turnover.
Stamp Duty Charges: This fee is charged as per the state and asset class.
GST Charges (Goods and Services Tax): GST of 18% is charged (brokerage and transaction charges)
STT (Securities Transaction Tax): The STT charges for Compositedge are 0.0116% of Total Turnover, while for Microsec Capital, they are 0.0126% of Total Turnover.
Call and Trade Charges: This charge varies for different brokers. Compositedge charges NA and Microsec Capital charges NA.
| Other Brokerage Charges | Compositedge | Microsec Capital |
|---|---|---|
| Minimum Brokerage Charges | Rs.15 | Percentage of Transaction | Transaction Brokerage Charges | 0.00325% of Total Turnover | 0.00313% | SEBI Turnover Charges | 0.0006% of Total Turnover | 0.0002% of Total Turnover | Stamp Duty Charges | As per the state | As per the state | GST Charges | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) | STT Charges | 0.0116% of Total Turnover | 0.0126% of Total Turnover | Call and Trade Charges | NA | NA |
Compositedge and Microsec Capital Equity Exposure/Leverage
With the leverage, you can trade for a much higher amount than you actually pay for it. It means to borrow money for buying securities. For example, if you want to buy stocks for Rs. 5,00,000, but have only funds of Rs. 2,00,000. Then, you can get the remaining 3,00,000 Rs. from the broker by paying them some margin amount.
Equity Delivery: Leverage provided for Equity Delivery by Compositedge is up to Upto 2x and by Microsec Capital it is up to Upto 2x.
Equity Intraday: Leverage for equity intraday by Compositedge is up to Upto 5x and by Microsec Capital it is up to Upto 6x.
Equity Futures: Leverage for Equity Futures by Compositedge is up to Upto 3x and by Microsec Capital it is up to Upto 2x.
Equity Options: Leverage for Equity Options by Compositedge is up to Upto 3x and by Microsec Capital also, it is up to Upto 6x.
| Equity Leverage | Compositedge | Microsec Capital |
|---|---|---|
| Equity Delivery | Upto 2x | Upto 2x | Equity Intraday | Upto 5x | Upto 6x | Equity Futures | Upto 3x | Upto 2x | Equity Options | Upto 3x | Upto 6x |
Compositedge and Microsec Capital Currency Leverage
The currency futures leverage provided by Compositedge is up to Upto 2x, while for Microsec Capital it is up to Upto 3x.
The currency options leverage provided by Compositedge is up to Upto 2x, while for Microsec Capital it is up to Upto 1x.
| Currency Leverage | Compositedge | Microsec Capital |
|---|---|---|
| Currency Futures | Upto 2x | Upto 3x | Currency Options | Upto 2x | Upto 1x |
Compositedge and Microsec Capital Commodity Leverage
The commodity leverage provided by Compositedge is up to Upto 2x, while for Microsec Capital it is up to Upto 2x.
| Commodity Leverage | Compositedge | Microsec Capital |
|---|---|---|
| Commodity | Upto 2x | Upto 2x |
Compositedge and Microsec Capital Offers
Brokers offer various exciting offers to entice new customers. Here are some of them:
Free Stock Trading and Demat Accounts: many brokers offer new investors to open an account free to cost and start trading straight away with them.
Flexible Plans: attractive plans at an economical price such as ProStocks monthly plan targeting equity cash and currency F&O at Rs.899 and Rs.499, respectively.
Brokerage Discounts: Coupons providing up to 50% discount at their rates.
Happy Hours: A specific time slot where the trades/customers get broker's services at a discount.
1-month Free Plan: where brokers provide free delivery trading such as OneTradePlus.
Holiday Offers: brokers are providing their services at a discounted rate on special events such as Diwali.
Referral Program: brokers provide a discount when your family or friends sign up with the broker using your referral code.
Zero Brokerage on Loss Trade: complete refund of money on unsuccessful trades.
| Offers | Compositedge | Microsec Capital |
|---|---|---|
| Free Stock Trading Account | Yes | No | Free Demat Account | No | Yes | Flexible Plans | No | Yes | Brokerage Discounts | Yes | Yes | Happy Hours | No | No | 1 Month Free Plan | No | No | Holiday Offers | No | No | Referral Program | Yes | No | Zero Brokerage on Loss Trades | No | No |
Compositedge and Microsec Capital Features
Equity Trading: Compositedge and Microsec Capital brokers are among the top brokers in India. They provide you with various trading options like Equity Delivery, Equity Intraday and Equity Futures and Options trading.
Currency and Commodity Trading: Compositedge and Microsec Capital also offer you to trade in currency and commodities.
Initial Public Offering (IPOs): One of the greatest advantages of Compositedge and Microsec Capital broker is that you can also invest in IPOs. Compositedge also has an added advantage that they provide you with robo-advisory services as well.
Trading Exposure: Different brokers provide different trading exposures. Compositedge offers trading exposure of up to Upto 5x, while Microsec Capital gives up to Upto 6x.
Mutual Funds: Investing in mutual funds is a great option to grow your wealth and many brokers offer the option to invest on that. With Compositedge and Microsec Capital, you can invest in mutual funds through SIP and Lumpsum.
Forex Trading: With Forex Trading, you can trade in various international currencies. Compositedge and Microsec Capital also allow you to trade in forex trading.
| Features | Compositedge | Microsec Capital |
|---|---|---|
| Equity Delivery Trading | Yes | Yes | Equity Intraday Trading | Yes | Yes | Equity Futures Trading | Yes | Yes | Equity Options Trading | Yes | Yes | Currency Trading | Yes | Yes |
| Commodity Trading | Yes | No | IPO (Initial public offering) | Yes | No | Stocks Suggestions | No | No | Robo Advisory | No | No | PMS (Portfolio Management Services) | No | No |
| Trading Institution | No | No | Trading Exposure | Upto 5x | Upto 6x | Mutual Funds | Yes | Yes | SIP (Systematic Investment Plan) | Yes | Yes | Forex Trading | No | No | Banking | No | No | Insurance | Yes | Yes |
Compositedge and Microsec Capital Advisory Services
Discount brokers and full-service brokers offer different services. Here are some of the top advisory services offered by brokers-
Fundamental Reports: These are the reports that analyse a company's financial statements and help investors and financial analysts make decisions about a company's present financial status.
Research Reports: Many broker companies have in-house research teams which are experienced and help people to give research reports on various securities like stocks, currency, mutual funds, etc. Compositedge and Microsec Capital offer you in-depth research reports.
Company Reports: These are detailed and easy-to-understand reports on the company's measures throughout the year, month, or week.
Relationship Manager: Full-service broker gives a dedicated relationship manager, who will clear all your trading queries and help you throughout your trading journey.
Other Services: Many brokers provide more services depending upon the brokerage price like Company Stock Reviews, Free Stock Tips, IPO Reports, Top Picks, Daily Market Reviews, Monthly Reports, Weekly Reports and Offline Advisory.
| Advisory Services | Compositedge | Microsec Capital |
|---|---|---|
| Fundamental Reports | No | Yes |
| Research Reports | No | Yes |
| Company Reports | No | Yes |
| Annual Reports | No | Yes |
| Company Stock Review | No | Yes |
| Free Stock Tips | No | Yes |
| IPO Reports | No | Yes |
| Top Picks | No | No |
| Daily Market Review | No | Yes |
| Monthly Reports | No | Yes |
| Weekly reports | No | Yes |
| Offline Advisory | No | Yes |
| Relationship Manager | No | Yes |
Compositedge and Microsec Capital Desktop Trading Platforms
A trader can utilise multiple trading platforms to trade in stocks, commodities, etc. A good and advanced trading platform can make your trading easier and result in profit maximization. Compositedge and Microsec Capital offer a Desktop Trading Platform with advanced tools, interactive charts, and quick buying and selling of securities. Their trading platforms can be used in Windows, Mac and Desktop browsers as well.
| Desktop Trading Platforms | Compositedge | Microsec Capital |
|---|---|---|
| Windows | Yes | Yes |
| Mac | Yes | No |
| Desktop Browser | Yes | Yes |
Compositedge and Microsec Capital Mobile Trading Platforms
Compositedge and Microsec Capital offer you mobile trading platforms which can be used in iOS and Android applications.
| Mobile Trading Platforms | Compositedge | Microsec Capital |
|---|---|---|
| Mobile Browser | Yes | No |
| Android App | No | Yes |
| iOS App | No | Yes |
| Windows App | No | No |
| Other mobile os | No | No |
Compositedge and Microsec Capital Customer Support
Customer service is a critical aspect in converting a new customer into a loyal and long-term customer. Because the trading market moves quickly, an investor requires appropriate customer assistance from their brokers. Compositedge and Microsec Capital give good customer support and service to their clients. They help you in online trading through chat support, e-mail support and call support.
| Customer Support Features | Compositedge | Microsec Capital |
|---|---|---|
| Relationship Manager | No | Yes |
| Offline Trading | No | Yes |
| Online Trading | Yes | Yes |
| 24 * 7 Support | No | No |
| Email Support | Yes | Yes |
| Chat Support | No | No |
| Toll free number | No | No |
| Support Branches | 0 | 5 |
Compositedge and Microsec Capital Customer Complaints
The BSE and NSE actively accept and handle complaints to maintain a stringent check and balance on fair-trade opportunities. Investors can file complaints about brokers or companies in case of any unfair trade practices. BSE and NSE make sure to resolve your complaints within a certain time. Check out the table below for Compositedge and Microsec Capital registered and resolved complaints.
For Compositedge, the Percentage of resolved BSE complaints is 93.33 % and the Percentage of resolved NSE complaints is 91.18 %.
For Microsec Capital, the Percentage of resolved BSE complaints is NaN % and the Percentage of resolved NSE complaints is 100.00 %.
We can say that Compositedge is better than Microsec Capital in case of resolving customer complaints.
| BSE Complaints | Compositedge | Microsec Capital |
|---|---|---|
| BSE Complaints | 15 | 0 |
| BSE Resolved Complaints | 14 | 0 |
| Percentage of resolved BSE complaints | 93.33 % | NaN % |
| NSE Complaints | 34 | 4 |
| NSE Resolved Complaints | 31 | 4 |
| Percentage of resolved NSE complaints | 91.18 % | 100.00 % |
| BSE/NSE Complaint vs. Resolved Percentage | 92.25 % | NaN % |
Frequently Asked Questions
Is Compositedge better than Microsec Capital?
Compositedge is a discount broker and Microsec Capital is a full service broker. You need to look for brokerage charges, account opening fees, trading platforms, etc. to determine which one is better.
Is Microsec Capital better than Compositedge?
Microsec Capital is a full service broker and Compositedge is a discount broker. As a result, we must examine features such as brokerage costs, account opening fees, trading platforms, and more to determine which of them is a better stockbroker.
Which is cheaper between Compositedge and Microsec Capital?
The brokerage charges for Compositedge are on the cheaper side since it is a discount broker, while Microsec Capital is a full-service broker. In general, the brokerage fees for both of them will be relatively similar. Examine the brokerage fees in-depth to determine the less expensive broker for your requirements.
Which is better, Compositedge and Microsec Capital?
To figure out which of the two stockbrokers, Compositedge and Microsec Capital, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.
Compare Compositedge with other stock brokers
Visit the following pages to see a detailed comparision report of Compositedge with other brokerage firms.
Compare Microsec Capital with other stock brokers
Visit the following pages to see a detailed comparision report of Microsec Capital with other brokerage firms.