Samco Vs Finwave
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.
Finwave
Finwave Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Samco Vs Finwave - Broker Details
| Samco | Finwave | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2015 | 2014 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | Zero | 25 |
| Brokerage | ₹20/Order or 0.2% | ₹20 per order |
| Broker Type | Discount Broker | Full Service Broker |
Samco Vs Finwave - Account Opening & AMC Charges
| Samco | Finwave | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 ( 2nd year onwards ) | 1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly |
| Trading Account AMC | ₹0 (Free) | 1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly |
Samco Vs Finwave - Brokerage charges & Plans
| Samco | Finwave | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | ₹20 per order |
| Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹20 per order |
| Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | ₹20 per order |
| Equity Options | ₹20/Order | ₹20 per order |
| Commodity Options | ₹20/Order or 0.2% (whichever is lower) | ₹20 per order |
| Equity Futures | ₹20/Order | ₹20 per order |
| Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | ₹20 per order |
| Fixed Charges | ₹20/Order | ₹20 per order |
| Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹20 per order |
Samco Vs Finwave - Other Charges
| Samco | Finwave | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹20/Order |
| API Charges | Free | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | ₹0 (Free) |
| Other Brokerage Charges | ₹20/Order | ₹20 per order |
| Minimum Brokerage | ₹20/Order | ₹20 per order |
Samco Vs Finwave - Transaction Charges
| Samco | Finwave | |
|---|---|---|
| Currency Options | NSE - ₹40/ Lacs (0.040%) on Premium Value | BSE: 0.001% | NSE: 0.035% |
| Equity Futures | NSE - ₹2 per Lacs (0.0020%) | BSE - ₹1 per trade | NSE: 0.002% |
| Equity Intraday | NSE - ₹3.45/Lacs (0.00345%) | BSE - ₹3.45/Lacs (0.00345%) | BSE: 0.00345% | NSE: 0.00345% |
| Equity Options | NSE - ₹53/ Lacs (0.053%) on Premium | BSE - ₹1/ trade | NSE: 0.053% |
| 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%) | 0.0026% |
| Currency Futures | NSE - ₹1.10/ Lacs (0.0011%) | NSE: 0.0009% | BSE: 0.00022% |
| 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%) | BSE: 0.00345% | NSE: 0.00345% |
Samco Vs Finwave - Margin (Exposure)
| Samco | Finwave | |
|---|---|---|
| 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 (100% of trade value) |
| 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 Finwave - Features
| Samco | Finwave | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | 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. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Samco Vs Finwave - Review & Rating
| Samco | Finwave | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Samco Vs Finwave - Request a call back from Broker
| Samco | Finwave | |
|---|---|---|
Samco Vs Finwave - Investment Options
| Samco | Finwave | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Samco Vs Finwave - Order Type
| Samco | Finwave | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Samco Vs Finwave - Research & Report
| Samco | Finwave | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Samco Vs Finwave - Daily Market Report
| Samco | Finwave | |
|---|---|---|
| Daily Market Reports & News |
|
|
Samco Vs Finwave - Suitable For Investor
| Samco | Finwave | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Samco Vs Finwave - Pros & Cons
| Samco | Finwave | |
|---|---|---|
| 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. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. |
| Cons | 1. Branches are not available for local support. 2. High pledge demat charges. | 1. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. |
Samco Vs Finwave - Background
| Samco | Finwave | |
|---|---|---|
Samco Vs Finwave - Compare All Brokers
| Samco | Finwave | |
|---|---|---|
Samco Vs Finwave - STT/CTT
| Samco | Finwave | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell | 0.05% on sell side (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Samco Vs Finwave - Demat transaction charges
| Samco | Finwave | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + Gst per scrip | ₹18.5 + GST per scrip |
Samco Vs Finwave - GST
| Samco | Finwave | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% on (Brokerage + Transaction Charge) |
Samco Vs Finwave - SEBI Charges
| Samco | Finwave | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Samco Vs Finwave - Account Opening & AMC Charges
Samco
Finwave
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 ( 2nd year onwards )
1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly
Trading Account AMC
₹0 (Free)
1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly
Samco Vs Finwave
| Samco | Finwave | |
|---|---|---|
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 "+ Finwave |
Finwave Account Opening Process and Charges Details |
|
|
|
|
|
Finwave
Finwave Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Samco Vs Finwave - Brokerage charges & Plans
| Samco | Finwave | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | ₹20 per order |
| Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹20 per order |
| Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | ₹20 per order |
| Equity Options | ₹20/Order | ₹20 per order |
| Commodity Options | ₹20/Order or 0.2% (whichever is lower) | ₹20 per order |
| Equity Futures | ₹20/Order | ₹20 per order |
| Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | ₹20 per order |
| Fixed Charges | ₹20/Order | ₹20 per order |
| Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹20 per order |
| Call Back Open Account |
Samco Vs Finwave - Margin (Exposure)
| Samco | Finwave | |
|---|---|---|
| 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 (100% of trade value) |
| 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 Finwave - Other Charges
| Samco | Finwave | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹20/Order |
| API Charges | Free | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | ₹0 (Free) |
| Other Brokerage Charges | ₹20/Order | ₹20 per order |
| Minimum Brokerage | ₹20/Order | ₹20 per order |
Samco Vs Finwave - STT/CTT
| Samco | Finwave | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell | 0.05% on sell side (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Samco Vs Finwave - Demat transaction charges
| Samco | Finwave | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + Gst per scrip | ₹18.5 + GST per scrip |
Samco Vs Finwave - GST
| Samco | Finwave | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% on (Brokerage + Transaction Charge) |
Samco Vs Finwave - SEBI Charges
| Samco | Finwave | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Samco Vs Finwave - Features
| Samco | Finwave | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | 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. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |