Samco Vs Choice Broking
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
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 Vs Choice Broking - Broker Details
| Samco | Choice Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 2010 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | Zero | 50+ |
| Brokerage | ₹20/Order or 0.2% | 0.02% |
| Broker Type | Discount Broker | Full service Broker |
| Call Back Open Account |
Samco Vs Choice Broking - Account Opening & AMC Charges
| Samco | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 ( 2nd year onwards ) | ₹200+GST ( 2nd Year onwards) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Samco Vs Choice Broking - Brokerage charges & Plans
| Samco | Choice Broking | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | 0.02% |
| Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | 0.02% |
| Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | 0.2% |
| Equity Options | ₹20/Order | ₹25/Lot |
| Commodity Options | ₹20/Order or 0.2% (whichever is lower) | ₹50/Lot |
| Equity Futures | ₹20/Order | 0.02% |
| Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | ₹20/Lot |
| Fixed Charges | ₹20/Order | 0.02% |
| Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | 0.02% |
| Call Back Open Account |
Samco Vs Choice Broking - Other Charges
| Samco | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹0 (Free) |
| API Charges | Free | - |
| Call & Trade Charges | ₹20/Order | ₹0 (Free) |
| Other Brokerage Charges | ₹20/Order | ₹25/Lot |
| Minimum Brokerage | ₹20/Order | 0.02% |
| Call Back Open Account |
Samco Vs Choice Broking - Transaction Charges
| Samco | Choice Broking | |
|---|---|---|
| Currency Options | NSE - ₹40/ Lacs (0.040%) on Premium Value | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | NSE - ₹2 per Lacs (0.0020%) | BSE - ₹1 per trade | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | NSE - ₹3.45/Lacs (0.00345%) | BSE - ₹3.45/Lacs (0.00345%) | NSE/BSE:- 0.00345% |
| Equity Options | NSE - ₹53/ Lacs (0.053%) on Premium | BSE - ₹1/ trade | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | 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%) | 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% |
| Currency Futures | NSE - ₹1.10/ Lacs (0.0011%) | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | 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%) | NSE/BSE:- 0.00345% |
| Call Back Open Account |
Samco Vs Choice Broking - Margin (Exposure)
| Samco | Choice Broking | |
|---|---|---|
| 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 |
Samco Vs Choice Broking - Features
| Samco | Choice Broking | |
|---|---|---|
| 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:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | • 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. | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Samco Vs Choice Broking - Review & Rating
| Samco | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Samco Vs Choice Broking - Request a call back from Broker
| Samco | Choice Broking | |
|---|---|---|
| Call Back Open Account |
Samco Vs Choice Broking - Investment Options
| Samco | Choice Broking | |
|---|---|---|
| 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 |
Samco Vs Choice Broking - Order Type
| Samco | Choice Broking | |
|---|---|---|
| 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 |
Samco Vs Choice Broking - Research & Report
| Samco | Choice Broking | |
|---|---|---|
| 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 |
Samco Vs Choice Broking - Daily Market Report
| Samco | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Samco Vs Choice Broking - Suitable For Investor
| Samco | Choice Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Samco Vs Choice Broking - Pros & Cons
| Samco | Choice Broking | |
|---|---|---|
| Pros | 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. | 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. |
| Cons | 1. Branches are not available for local support. 2. High pledge demat charges. | 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. |
| Call Back Open Account |
Samco Vs Choice Broking - Background
| Samco | Choice Broking | |
|---|---|---|
| Call Back Open Account |
Samco Vs Choice Broking - Compare All Brokers
| Samco | Choice Broking | |
|---|---|---|
| Call Back Open Account |
Samco Vs Choice Broking - STT/CTT
| Samco | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
| Call Back Open Account |
Samco Vs Choice Broking - Demat transaction charges
| Samco | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + Gst per scrip | ₹10 + GST per scrip only on sell |
| Call Back Open Account |
Samco Vs Choice Broking - GST
| Samco | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
| Call Back Open Account |
Samco Vs Choice Broking - SEBI Charges
| Samco | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Samco Vs Choice Broking - Account Opening & AMC Charges
Samco
Choice Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 ( 2nd year onwards )
₹200+GST ( 2nd Year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Samco Vs Choice Broking
| Samco | Choice Broking | |
|---|---|---|
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 .. + " Vs "+ Choice Broking |
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 .. |
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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 Vs Choice Broking - Brokerage charges & Plans
| Samco | Choice Broking | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | 0.02% |
| Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | 0.02% |
| Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | 0.2% |
| Equity Options | ₹20/Order | ₹25/Lot |
| Commodity Options | ₹20/Order or 0.2% (whichever is lower) | ₹50/Lot |
| Equity Futures | ₹20/Order | 0.02% |
| Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | ₹20/Lot |
| Fixed Charges | ₹20/Order | 0.02% |
| Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | 0.02% |
| Call Back Open Account |
Samco Vs Choice Broking - Margin (Exposure)
| Samco | Choice Broking | |
|---|---|---|
| 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 |
Samco Vs Choice Broking - Other Charges
| Samco | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹0 (Free) |
| API Charges | Free | - |
| Call & Trade Charges | ₹20/Order | ₹0 (Free) |
| Other Brokerage Charges | ₹20/Order | ₹25/Lot |
| Minimum Brokerage | ₹20/Order | 0.02% |
| Call Back Open Account |
Samco Vs Choice Broking - STT/CTT
| Samco | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
| Call Back Open Account |
Samco Vs Choice Broking - Demat transaction charges
| Samco | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + Gst per scrip | ₹10 + GST per scrip only on sell |
| Call Back Open Account |
Samco Vs Choice Broking - GST
| Samco | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
| Call Back Open Account |
Samco Vs Choice Broking - SEBI Charges
| Samco | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Samco Vs Choice Broking - Features
| Samco | Choice Broking | |
|---|---|---|
| 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:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | • 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. | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |