Choice Broking Vs Samco
Choice Broking
Choice Broking is a full service Broker. Choice Broking Review 2024 gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
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.
Choice Broking Vs Samco - Broker Details
| Choice Broking | Samco | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2015 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | NSE, BSE, MCX and NCDEX |
| Branches | 50+ | Zero |
| Brokerage | 0.02% | ₹20/Order or 0.2% |
| Broker Type | Full service Broker | Discount Broker |
| Call Back Open Account |
Choice Broking Vs Samco - Account Opening & AMC Charges
| Choice Broking | Samco | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | ₹400 ( 2nd year onwards ) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Choice Broking Vs Samco - Brokerage charges & Plans
| Choice Broking | Samco | |
|---|---|---|
| Commodity Futures | 0.02% | ₹20/Order or 0.2% (whichever is lower) |
| Currency Futures | 0.02% | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Equity Delivery | 0.2% | ₹20/Order or 0.2% (whichever is lower) |
| Equity Options | ₹25/Lot | ₹20/Order |
| Commodity Options | ₹50/Lot | ₹20/Order or 0.2% (whichever is lower) |
| Equity Futures | 0.02% | ₹20/Order |
| Currency Options | ₹20/Lot | ₹20/Order or 0.2% of notional turnover (whichever is lower) |
| Fixed Charges | 0.02% | ₹20/Order |
| Equity Intraday | 0.02% | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Call Back Open Account |
Choice Broking Vs Samco - Other Charges
| Choice Broking | Samco | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | - | Free |
| Call & Trade Charges | ₹0 (Free) | ₹20/Order |
| Other Brokerage Charges | ₹25/Lot | ₹20/Order |
| Minimum Brokerage | 0.02% | ₹20/Order |
| Call Back Open Account |
Choice Broking Vs Samco - Transaction Charges
| Choice Broking | Samco | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE - ₹40/ Lacs (0.040%) on Premium Value |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | NSE - ₹2 per Lacs (0.0020%) | BSE - ₹1 per trade |
| Equity Intraday | NSE/BSE:- 0.00345% | NSE - ₹3.45/Lacs (0.00345%) | BSE - ₹3.45/Lacs (0.00345%) |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | NSE - ₹53/ Lacs (0.053%) on Premium | BSE - ₹1/ trade |
| Commodity | Future Exchange txn charge:- 0.0026% | Clearing charge: 0.0003% | RMS Charge 0.005% (Only NCDEX) || Option:- Exchange txn charge:- 0.05% | Clearing charge :- 0.002% | 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%) |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE - ₹1.10/ Lacs (0.0011%) |
| Equity Delivery | NSE/BSE:- 0.00345% | 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%) |
| Call Back Open Account |
Choice Broking Vs Samco - Margin (Exposure)
| Choice Broking | Samco | |
|---|---|---|
| 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 |
Choice Broking Vs Samco - Features
| Choice Broking | Samco | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | • 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. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Choice Broking Vs Samco - Review & Rating
| Choice Broking | Samco | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Choice Broking Vs Samco - Request a call back from Broker
| Choice Broking | Samco | |
|---|---|---|
| Call Back Open Account |
Choice Broking Vs Samco - Investment Options
| Choice Broking | Samco | |
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| 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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| Call Back Open Account |
Choice Broking Vs Samco - Order Type
| Choice Broking | Samco | |
|---|---|---|
| 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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| Call Back Open Account |
Choice Broking Vs Samco - Research & Report
| Choice Broking | Samco | |
|---|---|---|
| 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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| Call Back Open Account |
Choice Broking Vs Samco - Daily Market Report
| Choice Broking | Samco | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Choice Broking Vs Samco - Suitable For Investor
| Choice Broking | Samco | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Choice Broking Vs Samco - Pros & Cons
| Choice Broking | Samco | |
|---|---|---|
| Pros | 1. It offers a broad range of investment products. 2. It has a simple trading platform and offers it to the customers. 3. It offers various multiple AMC plans to its customers that provides lifetime AMC and refundable AMC options. 4. It has a proactive and prompt customer service. 5. It has an instant and paperless demat account opening process. 6. Choice broking has an excellent margin trading facility service to its customers. 7. The research call provided by the brokers has 78% accuracy ratio. | 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. |
| Cons | 1. The Choice Broker does not allow to open a three-in-one account services to its customers. 2. It has no flexible brokerage plans. 3. The broker does not provide Margin Calculator. 4. It does not provide an in-house trading terminal. | 1. Branches are not available for local support. 2. High pledge demat charges. |
| Call Back Open Account |
Choice Broking Vs Samco - Background
| Choice Broking | Samco | |
|---|---|---|
| Call Back Open Account |
Choice Broking Vs Samco - Compare All Brokers
| Choice Broking | Samco | |
|---|---|---|
| Call Back Open Account |
Choice Broking Vs Samco - STT/CTT
| Choice Broking | Samco | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
| Call Back Open Account |
Choice Broking Vs Samco - Demat transaction charges
| Choice Broking | Samco | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹10 + Gst per scrip |
| Call Back Open Account |
Choice Broking Vs Samco - GST
| Choice Broking | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% ( Brokerage + Transaction charges + CM Charges) |
| Call Back Open Account |
Choice Broking Vs Samco - SEBI Charges
| Choice Broking | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Choice Broking Vs Samco - Account Opening & AMC Charges
Choice Broking
Samco
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹400 ( 2nd year onwards )
Trading Account AMC
₹0 (Free)
₹0 (Free)
Choice Broking Vs Samco
| Choice Broking | Samco | |
|---|---|---|
Choice Broking Review | Brokerage Charges, Account OpeningChoice Equity Broking Private Limited is a Mumbai-based full-service stock broking firm and Choice broking established in 2010. Choice broking firm is a subsidiary of a publicly listed financial service provider organization named as Choice International Limited. It was formerly providing tis financial services since 1993 by .. + " Vs "+ Samco |
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 .. |
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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.
Choice Broking Vs Samco - Brokerage charges & Plans
| Choice Broking | Samco | |
|---|---|---|
| Commodity Futures | 0.02% | ₹20/Order or 0.2% (whichever is lower) |
| Currency Futures | 0.02% | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Equity Delivery | 0.2% | ₹20/Order or 0.2% (whichever is lower) |
| Equity Options | ₹25/Lot | ₹20/Order |
| Commodity Options | ₹50/Lot | ₹20/Order or 0.2% (whichever is lower) |
| Equity Futures | 0.02% | ₹20/Order |
| Currency Options | ₹20/Lot | ₹20/Order or 0.2% of notional turnover (whichever is lower) |
| Fixed Charges | 0.02% | ₹20/Order |
| Equity Intraday | 0.02% | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Call Back Open Account |
Choice Broking Vs Samco - Margin (Exposure)
| Choice Broking | Samco | |
|---|---|---|
| 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 |
Choice Broking Vs Samco - Other Charges
| Choice Broking | Samco | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | - | Free |
| Call & Trade Charges | ₹0 (Free) | ₹20/Order |
| Other Brokerage Charges | ₹25/Lot | ₹20/Order |
| Minimum Brokerage | 0.02% | ₹20/Order |
Choice Broking Vs Samco - STT/CTT
| Choice Broking | Samco | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Choice Broking Vs Samco - Demat transaction charges
| Choice Broking | Samco | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹10 + Gst per scrip |
Choice Broking Vs Samco - GST
| Choice Broking | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% ( Brokerage + Transaction charges + CM Charges) |
Choice Broking Vs Samco - SEBI Charges
| Choice Broking | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Choice Broking Vs Samco - Features
| Choice Broking | Samco | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | • 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. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |