Finwave Vs Samco
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
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 Vs Samco - Broker Details
| Finwave | Samco | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2014 | 2015 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 25 | Zero |
| Brokerage | ₹20 per order | ₹20/Order or 0.2% |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
Finwave Vs Samco - Account Opening & AMC Charges
| Finwave | Samco | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | 1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly | ₹400 ( 2nd year onwards ) |
| Trading Account AMC | 1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly | ₹0 (Free) |
| Call Back Open Account |
Finwave Vs Samco - Brokerage charges & Plans
| Finwave | Samco | |
|---|---|---|
| Commodity Futures | ₹20 per order | ₹20/Order or 0.2% (whichever is lower) |
| Currency Futures | ₹20 per order | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Equity Delivery | ₹20 per order | ₹20/Order or 0.2% (whichever is lower) |
| Equity Options | ₹20 per order | ₹20/Order |
| Commodity Options | ₹20 per order | ₹20/Order or 0.2% (whichever is lower) |
| Equity Futures | ₹20 per order | ₹20/Order |
| Currency Options | ₹20 per order | ₹20/Order or 0.2% of notional turnover (whichever is lower) |
| Fixed Charges | ₹20 per order | ₹20/Order |
| Equity Intraday | ₹20 per order | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Call Back Open Account |
Finwave Vs Samco - Other Charges
| Finwave | Samco | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹20/Order |
| API Charges | ₹0 (Free) | Free |
| Call & Trade Charges | ₹0 (Free) | ₹20/Order |
| Other Brokerage Charges | ₹20 per order | ₹20/Order |
| Minimum Brokerage | ₹20 per order | ₹20/Order |
| Call Back Open Account |
Finwave Vs Samco - Transaction Charges
| Finwave | Samco | |
|---|---|---|
| Currency Options | BSE: 0.001% | NSE: 0.035% | NSE - ₹40/ Lacs (0.040%) on Premium Value |
| Equity Futures | NSE: 0.002% | NSE - ₹2 per Lacs (0.0020%) | BSE - ₹1 per trade |
| Equity Intraday | BSE: 0.00345% | NSE: 0.00345% | NSE - ₹3.45/Lacs (0.00345%) | BSE - ₹3.45/Lacs (0.00345%) |
| Equity Options | NSE: 0.053% | NSE - ₹53/ Lacs (0.053%) on Premium | BSE - ₹1/ trade |
| Commodity | 0.0026% | 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: 0.0009% | BSE: 0.00022% | NSE - ₹1.10/ Lacs (0.0011%) |
| Equity Delivery | BSE: 0.00345% | NSE: 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 |
Finwave Vs Samco - Margin (Exposure)
| Finwave | 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 |
Finwave Vs Samco - Features
| Finwave | 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software | • 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 |
Finwave Vs Samco - Review & Rating
| Finwave | Samco | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Finwave Vs Samco - Request a call back from Broker
| Finwave | Samco | |
|---|---|---|
| Call Back Open Account |
Finwave Vs Samco - Investment Options
| Finwave | Samco | |
|---|---|---|
| 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 |
Finwave Vs Samco - Order Type
| Finwave | 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 |
Finwave Vs Samco - Research & Report
| Finwave | 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 |
Finwave Vs Samco - Daily Market Report
| Finwave | Samco | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Finwave Vs Samco - Suitable For Investor
| Finwave | Samco | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Finwave Vs Samco - Pros & Cons
| Finwave | Samco | |
|---|---|---|
| Pros | 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. | 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. 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. | 1. Branches are not available for local support. 2. High pledge demat charges. |
| Call Back Open Account |
Finwave Vs Samco - Background
| Finwave | Samco | |
|---|---|---|
| Call Back Open Account |
Finwave Vs Samco - Compare All Brokers
| Finwave | Samco | |
|---|---|---|
| Call Back Open Account |
Finwave Vs Samco - STT/CTT
| Finwave | 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 buy & 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 |
Finwave Vs Samco - Demat transaction charges
| Finwave | Samco | |
|---|---|---|
| Equity Demat Transaction Charges | ₹18.5 + GST per scrip | ₹10 + Gst per scrip |
| Call Back Open Account |
Finwave Vs Samco - GST
| Finwave | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges + CM Charges) |
| Call Back Open Account |
Finwave Vs Samco - SEBI Charges
| Finwave | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Finwave Vs Samco - Account Opening & AMC Charges
Finwave
Samco
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly
₹400 ( 2nd year onwards )
Trading Account AMC
1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly
₹0 (Free)
Finwave Vs Samco
| Finwave | Samco | |
|---|---|---|
Finwave Account Opening Process and Charges Details |
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.
Finwave Vs Samco - Brokerage charges & Plans
| Finwave | Samco | |
|---|---|---|
| Commodity Futures | ₹20 per order | ₹20/Order or 0.2% (whichever is lower) |
| Currency Futures | ₹20 per order | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Equity Delivery | ₹20 per order | ₹20/Order or 0.2% (whichever is lower) |
| Equity Options | ₹20 per order | ₹20/Order |
| Commodity Options | ₹20 per order | ₹20/Order or 0.2% (whichever is lower) |
| Equity Futures | ₹20 per order | ₹20/Order |
| Currency Options | ₹20 per order | ₹20/Order or 0.2% of notional turnover (whichever is lower) |
| Fixed Charges | ₹20 per order | ₹20/Order |
| Equity Intraday | ₹20 per order | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Call Back Open Account |
Finwave Vs Samco - Margin (Exposure)
| Finwave | 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 |
Finwave Vs Samco - Other Charges
| Finwave | Samco | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹20/Order |
| API Charges | ₹0 (Free) | Free |
| Call & Trade Charges | ₹0 (Free) | ₹20/Order |
| Other Brokerage Charges | ₹20 per order | ₹20/Order |
| Minimum Brokerage | ₹20 per order | ₹20/Order |
Finwave Vs Samco - STT/CTT
| Finwave | 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 buy & 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 |
Finwave Vs Samco - Demat transaction charges
| Finwave | Samco | |
|---|---|---|
| Equity Demat Transaction Charges | ₹18.5 + GST per scrip | ₹10 + Gst per scrip |
Finwave Vs Samco - GST
| Finwave | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges + CM Charges) |
Finwave Vs Samco - SEBI Charges
| Finwave | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Finwave Vs Samco - Features
| Finwave | Samco | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software | • 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 |