Progressive Share Brokers Vs Samco
Progressive Share Brokers
Progressive Share Brokers 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.
Progressive Share Brokers Vs Samco - Broker Details
| Progressive Share Brokers | Samco | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1996 | 2015 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 3 | Zero |
| Brokerage | 0.04% per order | ₹20/Order or 0.2% |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
Progressive Share Brokers Vs Samco - Account Opening & AMC Charges
| Progressive Share Brokers | Samco | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹250 per Year | ₹400 ( 2nd year onwards ) |
| Trading Account AMC | NA | ₹0 (Free) |
| Call Back Open Account |
Progressive Share Brokers Vs Samco - Brokerage charges & Plans
| Progressive Share Brokers | Samco | |
|---|---|---|
| Commodity Futures | 0.04% per order | ₹20/Order or 0.2% (whichever is lower) |
| Currency Futures | 0.04% per order | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Equity Delivery | 0.35% per order | ₹20/Order or 0.2% (whichever is lower) |
| Equity Options | ₹35 per lot | ₹20/Order |
| Commodity Options | ₹35 per lot | ₹20/Order or 0.2% (whichever is lower) |
| Equity Futures | 0.04% per order | ₹20/Order |
| Currency Options | ₹15 per lot | ₹20/Order or 0.2% of notional turnover (whichever is lower) |
| Fixed Charges | 0.04% per order | ₹20/Order |
| Equity Intraday | 0.04% per order | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Call Back Open Account |
Progressive Share Brokers Vs Samco - Other Charges
| Progressive Share Brokers | Samco | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹20/Order |
| API Charges | Free API | Free |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹20/Order |
| Other Brokerage Charges | 0.04% per order | ₹20/Order |
| Minimum Brokerage | 0.04% per order | ₹20/Order |
| Call Back Open Account |
Progressive Share Brokers Vs Samco - Transaction Charges
| Progressive Share Brokers | Samco | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | NSE - ₹40/ Lacs (0.040%) on Premium Value |
| Equity Futures | NSE: 0.0019% | NSE - ₹2 per Lacs (0.0020%) | BSE - ₹1 per trade |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE - ₹3.45/Lacs (0.00345%) | BSE - ₹3.45/Lacs (0.00345%) |
| Equity Options | NSE: 0.05% (on premium) | NSE - ₹53/ Lacs (0.053%) on Premium | BSE - ₹1/ trade |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | 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 | Exchange txn charge: 0.0009% Clearing charge: .00025% | NSE - ₹1.10/ Lacs (0.0011%) |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | 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 |
Progressive Share Brokers Vs Samco - Margin (Exposure)
| Progressive Share Brokers | Samco | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Progressive Share Brokers Vs Samco - Features
| Progressive Share Brokers | 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:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | Equity & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 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 |
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| Direct Mutual Fund |
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| Call Back Open Account |
Progressive Share Brokers Vs Samco - Review & Rating
| Progressive Share Brokers | Samco | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Progressive Share Brokers Vs Samco - Request a call back from Broker
| Progressive Share Brokers | Samco | |
|---|---|---|
| Call Back Open Account |
Progressive Share Brokers Vs Samco - Investment Options
| Progressive Share Brokers | 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 |
Progressive Share Brokers Vs Samco - Order Type
| Progressive Share Brokers | Samco | |
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| 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 |
Progressive Share Brokers Vs Samco - Research & Report
| Progressive Share Brokers | 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 |
Progressive Share Brokers Vs Samco - Daily Market Report
| Progressive Share Brokers | Samco | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Progressive Share Brokers Vs Samco - Suitable For Investor
| Progressive Share Brokers | 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 |
Progressive Share Brokers Vs Samco - Pros & Cons
| Progressive Share Brokers | Samco | |
|---|---|---|
| Pros | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features | 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. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches | 1. Branches are not available for local support. 2. High pledge demat charges. |
| Call Back Open Account |
Progressive Share Brokers Vs Samco - Background
| Progressive Share Brokers | Samco | |
|---|---|---|
| Call Back Open Account |
Progressive Share Brokers Vs Samco - Compare All Brokers
| Progressive Share Brokers | Samco | |
|---|---|---|
| Call Back Open Account |
Progressive Share Brokers Vs Samco - STT/CTT
| Progressive Share Brokers | 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 | 0.0625% 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 | 0.0125% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
| Call Back Open Account |
Progressive Share Brokers Vs Samco - Demat transaction charges
| Progressive Share Brokers | Samco | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹10 + Gst per scrip |
| Call Back Open Account |
Progressive Share Brokers Vs Samco - GST
| Progressive Share Brokers | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges + CM Charges) |
| Call Back Open Account |
Progressive Share Brokers Vs Samco - SEBI Charges
| Progressive Share Brokers | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Progressive Share Brokers Vs Samco - Account Opening & AMC Charges
Progressive Share Brokers
Samco
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 per Year
₹400 ( 2nd year onwards )
Trading Account AMC
NA
₹0 (Free)
Progressive Share Brokers Vs Samco
| Progressive Share Brokers | Samco | |
|---|---|---|
Progressive Share Brokers Account Opening Process and Charges |
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.
Progressive Share Brokers Vs Samco - Brokerage charges & Plans
| Progressive Share Brokers | Samco | |
|---|---|---|
| Commodity Futures | 0.04% per order | ₹20/Order or 0.2% (whichever is lower) |
| Currency Futures | 0.04% per order | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Equity Delivery | 0.35% per order | ₹20/Order or 0.2% (whichever is lower) |
| Equity Options | ₹35 per lot | ₹20/Order |
| Commodity Options | ₹35 per lot | ₹20/Order or 0.2% (whichever is lower) |
| Equity Futures | 0.04% per order | ₹20/Order |
| Currency Options | ₹15 per lot | ₹20/Order or 0.2% of notional turnover (whichever is lower) |
| Fixed Charges | 0.04% per order | ₹20/Order |
| Equity Intraday | 0.04% per order | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Call Back Open Account |
Progressive Share Brokers Vs Samco - Margin (Exposure)
| Progressive Share Brokers | Samco | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Progressive Share Brokers Vs Samco - Other Charges
| Progressive Share Brokers | Samco | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹20/Order |
| API Charges | Free API | Free |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹20/Order |
| Other Brokerage Charges | 0.04% per order | ₹20/Order |
| Minimum Brokerage | 0.04% per order | ₹20/Order |
Progressive Share Brokers Vs Samco - STT/CTT
| Progressive Share Brokers | 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 | 0.0625% 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 | 0.0125% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Progressive Share Brokers Vs Samco - Demat transaction charges
| Progressive Share Brokers | Samco | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹10 + Gst per scrip |
Progressive Share Brokers Vs Samco - GST
| Progressive Share Brokers | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges + CM Charges) |
Progressive Share Brokers Vs Samco - SEBI Charges
| Progressive Share Brokers | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Progressive Share Brokers Vs Samco - Features
| Progressive Share Brokers | 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:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | Equity & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 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 |
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| Direct Mutual Fund |
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| Call Back Open Account |