STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS

Quick Comparision (Samco VS Elite Wealth)

 
 

Samco Vs Elite Wealth

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.


Elite Wealth

Samco Vs Elite Wealth - Broker Details

Samco Elite Wealth
Single Margin Facility
Year of Incorporation 2015 1990
Exchanges NSE, BSE, MCX and NCDEX NSE, BSE, MCX and NCDEX
Branches Zero N/A
Brokerage ₹20/Order or 0.2% 0.03%
Broker Type Discount Broker Full Service Broker
Call Back Open Account

Samco Vs Elite Wealth - Account Opening & AMC Charges

Samco Elite Wealth
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹400 ( 2nd year onwards ) First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Trading Account AMC ₹0 (Free) ₹0 (Free)
Call Back Open Account

Samco Vs Elite Wealth - Brokerage charges & Plans

Samco Elite Wealth
Commodity Futures ₹20/Order or 0.2% (whichever is lower) 0.03%
Currency Futures ₹20/Order or 0.2% of gross turnover (whichever is lower) 0.03%
Equity Delivery ₹20/Order or 0.2% (whichever is lower) 0.33%
Equity Options ₹20/Order ₹33 per Lot
Commodity Options ₹20/Order or 0.2% (whichever is lower) 0.03%
Equity Futures ₹20/Order 0.03%
Currency Options ₹20/Order or 0.2% of notional turnover (whichever is lower) ₹33 per Lot
Fixed Charges ₹20/Order 0.03%
Equity Intraday ₹20/Order or 0.2% of gross turnover (whichever is lower) 0.03%
Call Back Open Account

Samco Vs Elite Wealth - Other Charges

Samco Elite Wealth
RMS Square Off Charge ₹20/Order ₹0 (Free)
API Charges Free ₹0 (Free)
Call & Trade Charges ₹20/Order ₹0 (Free)
Other Brokerage Charges ₹20/Order 0.03%
Minimum Brokerage ₹20/Order 0.03%
Call Back Open Account

Samco Vs Elite Wealth - Transaction Charges

Samco Elite Wealth
Currency Options NSE - ₹40/ Lacs (0.040%) on Premium Value NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025%
Equity Futures NSE - ₹2 per Lacs (0.0020%) | BSE - ₹1 per trade NSE: 0.00195% on Total Turnover value
Equity Intraday NSE - ₹3.45/Lacs (0.00345%) | BSE - ₹3.45/Lacs (0.00345%) NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Equity Options NSE - ₹53/ Lacs (0.053%) on Premium | BSE - ₹1/ trade NSE: 0.053% on Premium value
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%) 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 Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN
Currency Futures NSE - ₹1.10/ Lacs (0.0011%) NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004%
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: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Call Back Open Account

Samco Vs Elite Wealth - Margin (Exposure)

Samco Elite Wealth
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 Elite Wealth - Features

Samco Elite Wealth
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:- 3:15 PM | 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. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Samco Vs Elite Wealth - Review & Rating

Samco Elite Wealth
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Samco Vs Elite Wealth - Request a call back from Broker

Samco Elite Wealth
Call Back Open Account

Samco Vs Elite Wealth - Investment Options

Samco Elite Wealth
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account

Samco Vs Elite Wealth - Order Type

Samco Elite Wealth
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

Samco Vs Elite Wealth - Research & Report

Samco Elite Wealth
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account

Samco Vs Elite Wealth - Daily Market Report

Samco Elite Wealth
Daily Market Reports & News
Call Back Open Account

Samco Vs Elite Wealth - Suitable For Investor

Samco Elite Wealth
Casual Investor
Active Investor
Trader
Call Back Open Account

Samco Vs Elite Wealth - Pros & Cons

Samco Elite Wealth
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 is a full-service broker 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. Excellent Research 4. Call n Trade Facility 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Upcoming IPO updates 7. Online access to the account on all days
Cons 1. Branches are not available for local support. 2. High pledge demat charges. 1. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account and does not have banking license. 3. Risk of Overtrading.
Call Back Open Account

Samco Vs Elite Wealth - Background

Samco Elite Wealth
Call Back Open Account

Samco Vs Elite Wealth - Compare All Brokers

Samco Elite Wealth
Call Back Open Account

Samco Vs Elite Wealth - STT/CTT

Samco Elite Wealth
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 Sell
Equity Options 0.05% only on sell 0.05% on Sell (on Premium)
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 % on Sell
Commodity Options 0.05% on sell trade 0.05% on Sell Side
Call Back Open Account

Samco Vs Elite Wealth - Demat transaction charges

Samco Elite Wealth
Equity Demat Transaction Charges ₹10 + Gst per scrip No Charges
Call Back Open Account

Samco Vs Elite Wealth - GST

Samco Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges + CM Charges) 18% on (Brokerage + Transaction Charge)
Call Back Open Account

Samco Vs Elite Wealth - SEBI Charges

Samco Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore
Call Back Open Account

Samco Vs Elite Wealth - Account Opening & AMC Charges

Samco
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 ( 2nd year onwards )
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Trading Account AMC
₹0 (Free)
₹0 (Free)
 

Samco Vs Elite Wealth

Samco Elite Wealth
 

Samco Review | Brokerage Charges, Account Opening

Incorporated 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 "+ Elite Wealth

Elite Wealth Review | Products and Trading Platforms 

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Elite Wealth

Samco Vs Elite Wealth - Brokerage charges & Plans

Samco Elite Wealth
Commodity Futures ₹20/Order or 0.2% (whichever is lower) 0.03%
Currency Futures ₹20/Order or 0.2% of gross turnover (whichever is lower) 0.03%
Equity Delivery ₹20/Order or 0.2% (whichever is lower) 0.33%
Equity Options ₹20/Order ₹33 per Lot
Commodity Options ₹20/Order or 0.2% (whichever is lower) 0.03%
Equity Futures ₹20/Order 0.03%
Currency Options ₹20/Order or 0.2% of notional turnover (whichever is lower) ₹33 per Lot
Fixed Charges ₹20/Order 0.03%
Equity Intraday ₹20/Order or 0.2% of gross turnover (whichever is lower) 0.03%
Call Back Open Account

Samco Vs Elite Wealth - Margin (Exposure)

Samco Elite Wealth
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 Elite Wealth - Other Charges

Samco Elite Wealth
RMS Square Off Charge ₹20/Order ₹0 (Free)
API Charges Free ₹0 (Free)
Call & Trade Charges ₹20/Order ₹0 (Free)
Other Brokerage Charges ₹20/Order 0.03%
Minimum Brokerage ₹20/Order 0.03%
Call Back Open Account

Samco Vs Elite Wealth - STT/CTT

Samco Elite Wealth
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 Sell
Equity Options 0.05% only on sell 0.05% on Sell (on Premium)
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 % on Sell
Commodity Options 0.05% on sell trade 0.05% on Sell Side
Call Back Open Account

Samco Vs Elite Wealth - Demat transaction charges

Samco Elite Wealth
Equity Demat Transaction Charges ₹10 + Gst per scrip No Charges
Call Back Open Account

Samco Vs Elite Wealth - GST

Samco Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges + CM Charges) 18% on (Brokerage + Transaction Charge)
Call Back Open Account

Samco Vs Elite Wealth - SEBI Charges

Samco Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore
Call Back Open Account

Samco Vs Elite Wealth - Features

Samco Elite Wealth
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:- 3:15 PM | 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. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Samco

Elite Wealth