Samco Vs INDmoney
Samco
Samco Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and Samco also give overview on NRI Account, Branches, Customer Support, Advantages and Disadvantages.
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Samco Vs INDmoney - Broker Details
| Samco | INDmoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 2019 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE and MCX |
| Branches | Zero | 966 |
| Brokerage | ₹20/Order or 0.2% | 0.05% or up to ₹20/Per Order |
| Broker Type | Discount Broker | Discount Broker |
Samco Vs INDmoney - Account Opening & AMC Charges
| Samco | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 ( 2nd year onwards ) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Samco Vs INDmoney - Brokerage charges & Plans
| Samco | INDmoney | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | N/A |
| Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹20/Order or 0.2% (whichever is lower) | N/A |
| Equity Futures | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | 0.05% or up to ₹20/Per Order |
Samco Vs INDmoney - Other Charges
| Samco | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50 per position |
| API Charges | Free | N/A |
| Call & Trade Charges | ₹20/Order | ₹50 per position |
| Other Brokerage Charges | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹20/Order | 0.05% or up to ₹20/Per Order |
Samco Vs INDmoney - Transaction Charges
| Samco | INDmoney | |
|---|---|---|
| Currency Options | NSE - ₹40/ Lacs (0.040%) on Premium Value | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE - ₹2 per Lacs (0.0020%) | BSE - ₹1 per trade | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE - ₹3.45/Lacs (0.00345%) | BSE - ₹3.45/Lacs (0.00345%) | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | NSE - ₹53/ Lacs (0.053%) on Premium | BSE - ₹1/ trade | NSE: 0.053% on premium value |
| Commodity | MCX - Non Agri:- ₹2.6/ Lacs (0.0026%) | MCX - Agri:- ₹1.75/ Lacs (0.00175%) | NCDEX - A:- ₹3.5/ Lacs (0.0035%) | NCDEX - B:- ₹1.25/ Lacs (0.00125%) | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | NSE - ₹1.10/ Lacs (0.0011%) | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE - ₹3.45/ Lacs (0.00345%) | BSE - For A Group and B Group | Shares – ₹1/ Trade | For other groups - ₹3.45/ Lacs (0.00345%) | For XC, XT, XD, Z and ZP – ₹100/ Lacs (0.1%) | For R and P Group – ₹1000 / Lacs (1.0%) | NSE - 0.00325% | BSE- 0.00375% |
Samco Vs INDmoney - Margin (Exposure)
| Samco | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Samco Vs INDmoney - Features
| Samco | INDmoney | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | • SAMCO Trader- Desktop trading platform • StockNote Web- Browser based online trading website. • StockNote Application • StockNote API- Algo-trading software. • Stock Basket- Investment platform • RankMF- Direct Mutual Fund Investment Platform • SAMCO Star- Back Office software. | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Samco Vs INDmoney - Review & Rating
| Samco | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Samco Vs INDmoney - Request a call back from Broker
| Samco | INDmoney | |
|---|---|---|
Samco Vs INDmoney - Investment Options
| Samco | INDmoney | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Samco Vs INDmoney - Order Type
| Samco | INDmoney | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Samco Vs INDmoney - Research & Report
| Samco | INDmoney | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Samco Vs INDmoney - Daily Market Report
| Samco | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
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Samco Vs INDmoney - Suitable For Investor
| Samco | INDmoney | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Samco Vs INDmoney - Pros & Cons
| Samco | INDmoney | |
|---|---|---|
| Pros | 1. Samco Securities is full of advanced features and has many advantages. Some of the advantages are as follows: 2.Variety of Margin products available for traders. 3. Instant and 100% paperless account opening. 4.User-friendly trading platforms. 5. Zero charges on demat account opening. 6. Free trading platforms. 7. Brokerage charges @flat Rs. 20 per executed order. 7. 15x leverage in over 500+ stocks for Equity Intraday trading. 8. Availability of bracket order and cover order to manage risk. 9. Trade from any place all over the India. | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| Cons | 1. Branches are not available for local support. 2. High pledge demat charges. | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
Samco Vs INDmoney - Background
| Samco | INDmoney | |
|---|---|---|
Samco Vs INDmoney - Compare All Brokers
| Samco | INDmoney | |
|---|---|---|
Samco Vs INDmoney - STT/CTT
| Samco | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | 0.05% on sell trade | 0.05% only on sell side |
Samco Vs INDmoney - Demat transaction charges
| Samco | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + Gst per scrip | ₹250/ per certificate |
Samco Vs INDmoney - GST
| Samco | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% on (Brokerage + Transaction Charge) |
Samco Vs INDmoney - SEBI Charges
| Samco | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Samco Vs INDmoney - Account Opening & AMC Charges
Samco
INDmoney
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 ( 2nd year onwards )
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Samco Vs INDmoney
| Samco | INDmoney | |
|---|---|---|
Samco Review | Brokerage Charges, Account OpeningIncorporated in 2015, Samco is a Mumbai based stockbroker of India that took over Samruddhi Stock Brokers Limited and renamed it to Samco Securities Limited. Founded by Mr. Jimeet Modi, Samco is one of the fastest growing stock brokers of India. samco securities is a SEBI registered company and a proud member of BSE, NSE, NCDEX and MCX. Stock basket Samc .. + " Vs "+ INDmoney |
INDmoney Account Opening Process, Charges, and Documentation Details |
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INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Samco Vs INDmoney - Brokerage charges & Plans
| Samco | INDmoney | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | N/A |
| Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹20/Order or 0.2% (whichever is lower) | N/A |
| Equity Futures | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Call Back Open Account |
Samco Vs INDmoney - Margin (Exposure)
| Samco | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Samco Vs INDmoney - Other Charges
| Samco | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50 per position |
| API Charges | Free | N/A |
| Call & Trade Charges | ₹20/Order | ₹50 per position |
| Other Brokerage Charges | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹20/Order | 0.05% or up to ₹20/Per Order |
Samco Vs INDmoney - STT/CTT
| Samco | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | 0.05% on sell trade | 0.05% only on sell side |
Samco Vs INDmoney - Demat transaction charges
| Samco | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + Gst per scrip | ₹250/ per certificate |
Samco Vs INDmoney - GST
| Samco | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% on (Brokerage + Transaction Charge) |
Samco Vs INDmoney - SEBI Charges
| Samco | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Samco Vs INDmoney - Features
| Samco | INDmoney | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
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| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
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| Online Demo |
|
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| 3 in 1 Account |
|
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| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | • SAMCO Trader- Desktop trading platform • StockNote Web- Browser based online trading website. • StockNote Application • StockNote API- Algo-trading software. • Stock Basket- Investment platform • RankMF- Direct Mutual Fund Investment Platform • SAMCO Star- Back Office software. | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |