Samco Vs Flattrade
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.
Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Samco Vs Flattrade - Broker Details
| Samco | Flattrade | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 2004 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
| Branches | Zero | 6 |
| Brokerage | ₹20/Order or 0.2% | ₹0 (Free) |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account | Call Back Open Account |
Samco Vs Flattrade - Account Opening & AMC Charges
| Samco | Flattrade | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹200 + GST |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 ( 2nd year onwards ) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Samco Vs Flattrade - Brokerage charges & Plans
| Samco | Flattrade | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | ₹0 (Free) |
| Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹0 (Free) |
| Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | ₹0 (Free) |
| Equity Options | ₹20/Order | ₹0 (Free) |
| Commodity Options | ₹20/Order or 0.2% (whichever is lower) | ₹0 (Free) |
| Equity Futures | ₹20/Order | ₹0 (Free) |
| Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | ₹0 (Free) |
| Fixed Charges | ₹20/Order | ₹0 (Free) |
| Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Samco Vs Flattrade - Other Charges
| Samco | Flattrade | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | Free | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | ₹20/Order | ₹0 (Free) |
| Minimum Brokerage | ₹20/Order | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Samco Vs Flattrade - Transaction Charges
| Samco | Flattrade | |
|---|---|---|
| Currency Options | NSE - ₹40/ Lacs (0.040%) on Premium Value | NSE : 0.035% | BSE : 0.001% |
| Equity Futures | NSE - ₹2 per Lacs (0.0020%) | BSE - ₹1 per trade | 0.0020% |
| Equity Intraday | NSE - ₹3.45/Lacs (0.00345%) | BSE - ₹3.45/Lacs (0.00345%) | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Equity Options | NSE - ₹53/ Lacs (0.053%) on Premium | BSE - ₹1/ trade | 0.053% (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%) | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% |
| Currency Futures | NSE - ₹1.10/ Lacs (0.0011%) | NSE : 0.0009% | BSE : 0.00022% |
| 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: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Call Back Open Account | Call Back Open Account |
Samco Vs Flattrade - Margin (Exposure)
| Samco | Flattrade | |
|---|---|---|
| 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 | Call Back Open Account |
Samco Vs Flattrade - Features
| Samco | Flattrade | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 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. | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |
Samco Vs Flattrade - Review & Rating
| Samco | Flattrade | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account | Call Back Open Account |
Samco Vs Flattrade - Request a call back from Broker
| Samco | Flattrade | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Samco Vs Flattrade - Investment Options
| Samco | Flattrade | |
|---|---|---|
| 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 | Call Back Open Account |
Samco Vs Flattrade - Order Type
| Samco | Flattrade | |
|---|---|---|
| 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 | Call Back Open Account |
Samco Vs Flattrade - Research & Report
| Samco | Flattrade | |
|---|---|---|
| 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 | Call Back Open Account |
Samco Vs Flattrade - Daily Market Report
| Samco | Flattrade | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account | Call Back Open Account |
Samco Vs Flattrade - Suitable For Investor
| Samco | Flattrade | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account | Call Back Open Account |
Samco Vs Flattrade - Pros & Cons
| Samco | Flattrade | |
|---|---|---|
| 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 provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. 5. Zero Brokerage in All Segments |
| Cons | 1. Branches are not available for local support. 2. High pledge demat charges. | 1. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. 4. Exchange transactions charges are higher than other discount brokers. |
| Call Back Open Account | Call Back Open Account |
Samco Vs Flattrade - Background
| Samco | Flattrade | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Samco Vs Flattrade - Compare All Brokers
| Samco | Flattrade | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Samco Vs Flattrade - STT/CTT
| Samco | Flattrade | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sale side |
| Equity Options | 0.05% only on sell | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% Buy & 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 | Call Back Open Account |
Samco Vs Flattrade - Demat transaction charges
| Samco | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + Gst per scrip | ₹20 + GST per scrip only on sell |
| Call Back Open Account | Call Back Open Account |
Samco Vs Flattrade - GST
| Samco | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account | Call Back Open Account |
Samco Vs Flattrade - SEBI Charges
| Samco | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account | Call Back Open Account |
Samco Vs Flattrade - Account Opening & AMC Charges
Samco
Flattrade
Trading Account Opening Charge
₹0 (Free)
₹200 + GST
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 ( 2nd year onwards )
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Samco Vs Flattrade
| Samco | Flattrade | |
|---|---|---|
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 "+ Flattrade |
Flattrade ReviewFlattrade Trading Corporation is a Chennai-based discount stock broking company. It was incorporated in 2004 as Fortune Capital Services Private Limited. It is one of the fastest growing financial brokers. It is an expert in offering the zero brokerage&nbs .. |
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Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Samco Vs Flattrade - Brokerage charges & Plans
| Samco | Flattrade | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | ₹0 (Free) |
| Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹0 (Free) |
| Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | ₹0 (Free) |
| Equity Options | ₹20/Order | ₹0 (Free) |
| Commodity Options | ₹20/Order or 0.2% (whichever is lower) | ₹0 (Free) |
| Equity Futures | ₹20/Order | ₹0 (Free) |
| Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | ₹0 (Free) |
| Fixed Charges | ₹20/Order | ₹0 (Free) |
| Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Samco Vs Flattrade - Margin (Exposure)
| Samco | Flattrade | |
|---|---|---|
| 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 | Call Back Open Account |
Samco Vs Flattrade - Other Charges
| Samco | Flattrade | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | Free | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | ₹20/Order | ₹0 (Free) |
| Minimum Brokerage | ₹20/Order | ₹0 (Free) |
| Call Back Open Account |
Samco Vs Flattrade - STT/CTT
| Samco | Flattrade | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sale side |
| Equity Options | 0.05% only on sell | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% Buy & 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 Flattrade - Demat transaction charges
| Samco | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + Gst per scrip | ₹20 + GST per scrip only on sell |
| Call Back Open Account |
Samco Vs Flattrade - GST
| Samco | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account |
Samco Vs Flattrade - SEBI Charges
| Samco | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Samco Vs Flattrade - Features
| Samco | Flattrade | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| 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:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 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. | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |