Broker Guidelines
Guidelines for Composite Edge (XTS)
Composite Edge Broker: An Overview
Composite Edge is a Bengaluru-based stockbroker operated by Composite Investments Pvt. Ltd., offering trading services across equity, derivatives, commodities, and currencies on NSE, BSE, and MCX. Known for its tech-driven approach, it provides multiple trading platforms including EDGE XTS, Trader Workstation, and a mobile app to cater to both casual and professional traders. Clients can also invest in mutual funds through EDGE MF and explore SEBI-registered Portfolio Management Services (PMS) with various schemes based on risk and return preferences. The broker offers a flat fee structure of ₹15 or 0.006% per executed order, whichever is lower, and charges minimal account opening and maintenance fees. Additional offerings include collateral margin facilities, support for NRI investors, and a learning centre for client education. With a focus on transparent pricing and diversified investment tools, Composite Edge serves as a comprehensive platform for both investors and traders.
Info
- Account Opening Link: https://signup.compositedge.com/
- Composite Edge XTS API: https://xts.compositedge.com/#!/app
- Customer Support: [email protected]
- +91 9844700001 – Nithya/Nethra:
- API Charges: Free
What you will need to add Composite Edge (XTS) account in Cirrus
- You need to have a Cirrus Account. If you don't have one, follow the LINK.
• You need to have an active Demat account in Composite Edge. If you don’t have an account, create an account on Composite Edge. Make sure to activate F&O on your account.
You need to have XTS API activated on your Composite Edge account. Following are the steps for activating XTS API:
• Go to https://xts.compositedge.com/#!/app and sign in to your account using appropriate Login ID and Password.
• Create a New App: Click the create new app button as per given image below
• Now Enter your Composite Edge account client ID and click on submit button and confirm it by entering OTP.
• Enter the required fields of data into it after clicking on create new app. Make sure to make Interactive Data API
• Once created app copy the API key and API Secret for further use.
• Then, we should paste them into Cirrus Page.
FAQs for Composite Edge (XTS)
1. Are there any annual maintenance charges (AMC)?
Composite Edge does not charge any annual maintenance fees for trading or Demat accounts.
2. What is the brokerage structure at Composite Edge?
They offer a flat fee of ₹15 or 0.006% per executed order, whichever is lower, across all segments including equity, commodities, and derivatives.
3. How can I open a Demat account with Composite Edge?
You can open an account online by filling out the application form, uploading necessary documents like PAN, Aadhaar, and a cancelled cheque, and completing the eKYC process.
4. Does Composite Edge offer mutual fund investments?
Yes, through their EDGE MF platform, clients can invest in mutual funds, perform risk profiling, and track their portfolios.
5. What is the collateral margin facility?
Composite Edge allows traders to pledge existing securities in their Demat accounts to obtain collateral margins for trading in futures and options. A 50:50 ratio of cash and collateral is maintained.
6. Can I apply for IPOs through Composite Edge?
Yes, you can apply for IPOs even without a Composite Edge account. Payment is made via UPI, and the process is streamlined for ease.
7. What trading platforms are available?
Composite Edge offers multiple platforms: EDGE XTS (advanced trading system), Trader Workstation (desktop application), Web Trader (browser-based), and a mobile trading app for on-the-go trading.
8. Are there any charges for fund transfers?
Online fund transfers to Composite Edge incur a fee of ₹15 per transaction.
9. How can I contact customer support?
Composite Edge provides 24x7 customer support through email, phone, and local branches to assist clients with their trading and account-related queries.