INDmoney Vs Samco
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
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 Vs Samco - Broker Details
| INDmoney | Samco | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2019 | 2015 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | 966 | Zero |
| Brokerage | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.2% |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account |
INDmoney Vs Samco - Account Opening & AMC Charges
| INDmoney | Samco | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹400 ( 2nd year onwards ) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
INDmoney Vs Samco - Brokerage charges & Plans
| INDmoney | Samco | |
|---|---|---|
| Commodity Futures | N/A | ₹20/Order or 0.2% (whichever is lower) |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.2% (whichever is lower) |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Commodity Options | N/A | ₹20/Order or 0.2% (whichever is lower) |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.2% of notional turnover (whichever is lower) |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Call Back Open Account |
INDmoney Vs Samco - Other Charges
| INDmoney | Samco | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹20/Order |
| API Charges | N/A | Free |
| Call & Trade Charges | ₹50 per position | ₹20/Order |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Call Back Open Account |
INDmoney Vs Samco - Transaction Charges
| INDmoney | Samco | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | NSE - ₹40/ Lacs (0.040%) on Premium Value |
| Equity Futures | NSE: 0.00195% on total turnover value | NSE - ₹2 per Lacs (0.0020%) | BSE - ₹1 per trade |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | NSE - ₹3.45/Lacs (0.00345%) | BSE - ₹3.45/Lacs (0.00345%) |
| Equity Options | NSE: 0.053% on premium value | NSE - ₹53/ Lacs (0.053%) on Premium | BSE - ₹1/ trade |
| Commodity | 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 | 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% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | NSE - ₹1.10/ Lacs (0.0011%) |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | 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 |
INDmoney Vs Samco - Margin (Exposure)
| INDmoney | 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 (no margin) | 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 |
INDmoney Vs Samco - Features
| INDmoney | 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 | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile 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 |
INDmoney Vs Samco - Review & Rating
| INDmoney | Samco | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
INDmoney Vs Samco - Request a call back from Broker
| INDmoney | Samco | |
|---|---|---|
| Call Back Open Account |
INDmoney Vs Samco - Investment Options
| INDmoney | Samco | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
| Call Back Open Account |
INDmoney Vs Samco - Order Type
| INDmoney | 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 |
INDmoney Vs Samco - Research & Report
| INDmoney | Samco | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
| Call Back Open Account |
INDmoney Vs Samco - Daily Market Report
| INDmoney | Samco | |
|---|---|---|
| Daily Market Reports & News |
|
|
| Call Back Open Account |
INDmoney Vs Samco - Suitable For Investor
| INDmoney | Samco | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
| Call Back Open Account |
INDmoney Vs Samco - Pros & Cons
| INDmoney | Samco | |
|---|---|---|
| Pros | 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. | 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.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. | 1. Branches are not available for local support. 2. High pledge demat charges. |
| Call Back Open Account |
INDmoney Vs Samco - Background
| INDmoney | Samco | |
|---|---|---|
| Call Back Open Account |
INDmoney Vs Samco - Compare All Brokers
| INDmoney | Samco | |
|---|---|---|
| Call Back Open Account |
INDmoney Vs Samco - STT/CTT
| INDmoney | Samco | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell trade (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 (On Premium) | 0.05% only on sell |
| 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% only on sell side | 0.05% on sell trade |
| Call Back Open Account |
INDmoney Vs Samco - Demat transaction charges
| INDmoney | Samco | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹10 + Gst per scrip |
| Call Back Open Account |
INDmoney Vs Samco - GST
| INDmoney | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges + CM Charges) |
| Call Back Open Account |
INDmoney Vs Samco - SEBI Charges
| INDmoney | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
INDmoney Vs Samco - Account Opening & AMC Charges
INDmoney
Samco
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹400 ( 2nd year onwards )
Trading Account AMC
₹0 (Free)
₹0 (Free)
INDmoney Vs Samco
| INDmoney | Samco | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation 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 .. |
|
|
|
|
|
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 Vs Samco - Brokerage charges & Plans
| INDmoney | Samco | |
|---|---|---|
| Commodity Futures | N/A | ₹20/Order or 0.2% (whichever is lower) |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.2% (whichever is lower) |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Commodity Options | N/A | ₹20/Order or 0.2% (whichever is lower) |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.2% of notional turnover (whichever is lower) |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Call Back Open Account |
INDmoney Vs Samco - Margin (Exposure)
| INDmoney | 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 (no margin) | 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 |
INDmoney Vs Samco - Other Charges
| INDmoney | Samco | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹20/Order |
| API Charges | N/A | Free |
| Call & Trade Charges | ₹50 per position | ₹20/Order |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20/Order |
INDmoney Vs Samco - STT/CTT
| INDmoney | Samco | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell trade (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 (On Premium) | 0.05% only on sell |
| 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% only on sell side | 0.05% on sell trade |
INDmoney Vs Samco - Demat transaction charges
| INDmoney | Samco | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹10 + Gst per scrip |
INDmoney Vs Samco - GST
| INDmoney | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges + CM Charges) |
INDmoney Vs Samco - SEBI Charges
| INDmoney | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
INDmoney Vs Samco - Features
| INDmoney | 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 | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile 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 |