Samco Vs Definedge Securities
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.
Definedge Securities
Samco Vs Definedge Securities - Broker Details
| Samco | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 2015 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX. |
| Branches | Zero | 270 |
| Brokerage | ₹20/Order or 0.2% | ₹18 per executed order |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account |
Samco Vs Definedge Securities - Account Opening & AMC Charges
| Samco | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹180 |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 ( 2nd year onwards ) | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹300 AMC |
| Call Back Open Account |
Samco Vs Definedge Securities - Brokerage charges & Plans
| Samco | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | ₹0 (Free) |
| Equity Options | ₹20/Order | ₹18 per executed order |
| Commodity Options | ₹20/Order or 0.2% (whichever is lower) | ₹18 per executed order |
| Equity Futures | ₹20/Order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | ₹18 per executed order |
| Fixed Charges | ₹20/Order | ₹18 per executed order |
| Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | 0.03% or ₹ 18 per executed order whichever is lower |
| Call Back Open Account |
Samco Vs Definedge Securities - Other Charges
| Samco | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹0 (Free) |
| API Charges | Free | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | ₹36/- per order |
| Other Brokerage Charges | ₹20/Order | ₹18 per executed order |
| Minimum Brokerage | ₹20/Order | ₹18 per executed order |
| Call Back Open Account |
Samco Vs Definedge Securities - Transaction Charges
| Samco | Definedge Securities | |
|---|---|---|
| Currency Options | NSE - ₹40/ Lacs (0.040%) on Premium Value | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | NSE - ₹2 per Lacs (0.0020%) | BSE - ₹1 per trade | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | NSE - ₹3.45/Lacs (0.00345%) | BSE - ₹3.45/Lacs (0.00345%) | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | NSE - ₹53/ Lacs (0.053%) on Premium | BSE - ₹1/ trade | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| 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%) | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | NSE - ₹1.10/ Lacs (0.0011%) | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| 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 ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
| Call Back Open Account |
Samco Vs Definedge Securities - Margin (Exposure)
| Samco | Definedge Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
Samco Vs Definedge Securities - Features
| Samco | Definedge Securities | |
|---|---|---|
| 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:- 4:45 PM | Commodity:- 11:25 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. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Samco Vs Definedge Securities - Review & Rating
| Samco | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Samco Vs Definedge Securities - Request a call back from Broker
| Samco | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
Samco Vs Definedge Securities - Investment Options
| Samco | Definedge Securities | |
|---|---|---|
| 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 Definedge Securities - Order Type
| Samco | Definedge Securities | |
|---|---|---|
| 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 Definedge Securities - Research & Report
| Samco | Definedge Securities | |
|---|---|---|
| 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 Definedge Securities - Daily Market Report
| Samco | Definedge Securities | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Samco Vs Definedge Securities - Suitable For Investor
| Samco | Definedge Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Samco Vs Definedge Securities - Pros & Cons
| Samco | Definedge Securities | |
|---|---|---|
| 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. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. |
| Cons | 1. Branches are not available for local support. 2. High pledge demat charges. | 1. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. |
| Call Back Open Account |
Samco Vs Definedge Securities - Background
| Samco | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
Samco Vs Definedge Securities - Compare All Brokers
| Samco | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
Samco Vs Definedge Securities - STT/CTT
| Samco | Definedge Securities | |
|---|---|---|
| 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 |
| 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 Definedge Securities - Demat transaction charges
| Samco | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + Gst per scrip | ₹0 (Free) |
| Call Back Open Account |
Samco Vs Definedge Securities - GST
| Samco | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% (on brokerage + transaction charges) |
| Call Back Open Account |
Samco Vs Definedge Securities - SEBI Charges
| Samco | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
| Call Back Open Account |
Samco Vs Definedge Securities - Account Opening & AMC Charges
Samco
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 ( 2nd year onwards )
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
Samco Vs Definedge Securities
| Samco | Definedge Securities | |
|---|---|---|
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 "+ Definedge Securities |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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Definedge Securities
Samco Vs Definedge Securities - Brokerage charges & Plans
| Samco | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | ₹0 (Free) |
| Equity Options | ₹20/Order | ₹18 per executed order |
| Commodity Options | ₹20/Order or 0.2% (whichever is lower) | ₹18 per executed order |
| Equity Futures | ₹20/Order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | ₹18 per executed order |
| Fixed Charges | ₹20/Order | ₹18 per executed order |
| Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | 0.03% or ₹ 18 per executed order whichever is lower |
| Call Back Open Account |
Samco Vs Definedge Securities - Margin (Exposure)
| Samco | Definedge Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
Samco Vs Definedge Securities - Other Charges
| Samco | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹0 (Free) |
| API Charges | Free | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | ₹36/- per order |
| Other Brokerage Charges | ₹20/Order | ₹18 per executed order |
| Minimum Brokerage | ₹20/Order | ₹18 per executed order |
| Call Back Open Account |
Samco Vs Definedge Securities - STT/CTT
| Samco | Definedge Securities | |
|---|---|---|
| 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 |
| 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 Definedge Securities - Demat transaction charges
| Samco | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + Gst per scrip | ₹0 (Free) |
| Call Back Open Account |
Samco Vs Definedge Securities - GST
| Samco | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% (on brokerage + transaction charges) |
| Call Back Open Account |
Samco Vs Definedge Securities - SEBI Charges
| Samco | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
| Call Back Open Account |
Samco Vs Definedge Securities - Features
| Samco | Definedge Securities | |
|---|---|---|
| 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 & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 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. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |