FundsIndia Vs Samco
FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more
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.
FundsIndia Vs Samco - Broker Details
| FundsIndia | Samco | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2009 | 2015 |
| Exchanges | Sebi | NSE, BSE, MCX and NCDEX |
| Branches | Zero | Zero |
| Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/Order or 0.2% |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Samco - Account Opening & AMC Charges
| FundsIndia | Samco | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200 /-(Service Tax) 2nd Year onwards | ₹400 ( 2nd year onwards ) |
| Trading Account AMC | N/A | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Samco - Brokerage charges & Plans
| FundsIndia | Samco | |
|---|---|---|
| Commodity Futures | N/A | ₹20/Order or 0.2% (whichever is lower) |
| Currency Futures | N/A | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Equity Delivery | 0.01% | ₹20/Order or 0.2% (whichever is lower) |
| Equity Options | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/Order |
| Commodity Options | N/A | ₹20/Order or 0.2% (whichever is lower) |
| Equity Futures | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/Order |
| Currency Options | N/A | ₹20/Order or 0.2% of notional turnover (whichever is lower) |
| Fixed Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/Order |
| Equity Intraday | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Samco - Other Charges
| FundsIndia | Samco | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹20/Order |
| API Charges | N/A | Free |
| Call & Trade Charges | N/A | ₹20/Order |
| Other Brokerage Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/Order |
| Minimum Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/Order |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Samco - Transaction Charges
| FundsIndia | Samco | |
|---|---|---|
| Currency Options | N/A | NSE - ₹40/ Lacs (0.040%) on Premium Value |
| Equity Futures | 0.0035% on turnover | NSE - ₹2 per Lacs (0.0020%) | BSE - ₹1 per trade |
| Equity Intraday | 0.0035% on turnover | NSE - ₹3.45/Lacs (0.00345%) | BSE - ₹3.45/Lacs (0.00345%) |
| Equity Options | 0.0035% on turnover | NSE - ₹53/ Lacs (0.053%) on Premium | BSE - ₹1/ trade |
| Commodity | N/A | 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 | N/A | NSE - ₹1.10/ Lacs (0.0011%) |
| Equity Delivery | 0.1% on the transaction amount | 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 | Call Back Open Account |
FundsIndia Vs Samco - Margin (Exposure)
| FundsIndia | 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 | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | N/A | 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 | Call Back Open Account |
FundsIndia Vs Samco - Features
| FundsIndia | Samco | |
|---|---|---|
| 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 | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. | Equity & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App | • 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 |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Samco - Review & Rating
| FundsIndia | Samco | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Samco - Request a call back from Broker
| FundsIndia | Samco | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Samco - Investment Options
| FundsIndia | Samco | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Samco - Order Type
| FundsIndia | Samco | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Samco - Research & Report
| FundsIndia | Samco | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Samco - Daily Market Report
| FundsIndia | Samco | |
|---|---|---|
| Daily Market Reports & News |
|
|
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Samco - Suitable For Investor
| FundsIndia | Samco | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Samco - Pros & Cons
| FundsIndia | Samco | |
|---|---|---|
| Pros | 1.FundsIndia is the best investment platform in India. 2. Mutual fund services are free. 3) No Demat Charges 4) It is a trustworthy broker 5) For Customers’ convenience, the mobile trading app is available. 6) It has the best team for research analyst. | 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.No support in the currency or commodity markets. 2.Low exposure values are available. 3.Customer service response can improve. | 1. Branches are not available for local support. 2. High pledge demat charges. |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Samco - Background
| FundsIndia | Samco | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Samco - Compare All Brokers
| FundsIndia | Samco | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Samco - STT/CTT
| FundsIndia | Samco | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell trade (Non-Agri) |
| Currency Futures | N/A | 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 | N/A | 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 | N/A | 0.05% on sell trade |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Samco - Demat transaction charges
| FundsIndia | Samco | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | ₹10 + Gst per scrip |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Samco - GST
| FundsIndia | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges + CM Charges) |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Samco - SEBI Charges
| FundsIndia | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Samco - Account Opening & AMC Charges
FundsIndia
Samco
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200 /-(Service Tax) 2nd Year onwards
₹400 ( 2nd year onwards )
Trading Account AMC
N/A
₹0 (Free)
FundsIndia Vs Samco
| FundsIndia | Samco | |
|---|---|---|
FundsIndia Review 2024FundsIndia is an online investment brokerage platform that was incorporated in the year 2009 by Fundsindia founders C.R. Chandrasekar and Srikanth Meenakshi, who completed their education at the University of Hyderabad. FundsIndia is India’s friendliest online-only investm .. + " 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 .. |
|
|
|
|
|
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.
FundsIndia Vs Samco - Brokerage charges & Plans
| FundsIndia | Samco | |
|---|---|---|
| Commodity Futures | N/A | ₹20/Order or 0.2% (whichever is lower) |
| Currency Futures | N/A | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Equity Delivery | 0.01% | ₹20/Order or 0.2% (whichever is lower) |
| Equity Options | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/Order |
| Commodity Options | N/A | ₹20/Order or 0.2% (whichever is lower) |
| Equity Futures | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/Order |
| Currency Options | N/A | ₹20/Order or 0.2% of notional turnover (whichever is lower) |
| Fixed Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/Order |
| Equity Intraday | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Samco - Margin (Exposure)
| FundsIndia | 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 | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | N/A | 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 | Call Back Open Account |
FundsIndia Vs Samco - Other Charges
| FundsIndia | Samco | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹20/Order |
| API Charges | N/A | Free |
| Call & Trade Charges | N/A | ₹20/Order |
| Other Brokerage Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/Order |
| Minimum Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/Order |
| Call Back Open Account |
FundsIndia Vs Samco - STT/CTT
| FundsIndia | Samco | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell trade (Non-Agri) |
| Currency Futures | N/A | 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 | N/A | 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 | N/A | 0.05% on sell trade |
| Call Back Open Account |
FundsIndia Vs Samco - Demat transaction charges
| FundsIndia | Samco | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | ₹10 + Gst per scrip |
| Call Back Open Account |
FundsIndia Vs Samco - GST
| FundsIndia | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges + CM Charges) |
| Call Back Open Account |
FundsIndia Vs Samco - SEBI Charges
| FundsIndia | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
FundsIndia Vs Samco - Features
| FundsIndia | Samco | |
|---|---|---|
| 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 | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. | Equity & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App | • 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 |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account | Call Back Open Account |