Samco Vs Groww
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.
Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Samco Vs Groww - Broker Details
| Samco | Groww | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 2016 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE and BSE. |
| Branches | Zero | Zero |
| Brokerage | ₹20/Order or 0.2% | ₹20/ Order |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account | Call Back Open Account |
Samco Vs Groww - Account Opening & AMC Charges
| Samco | Groww | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| 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 Groww - Brokerage charges & Plans
| Samco | Groww | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | N/A |
| Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | N/A |
| Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹20/Order | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | ₹20/Order or 0.2% (whichever is lower) | N/A |
| Equity Futures | ₹20/Order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | N/A |
| Fixed Charges | ₹20/Order | ₹20/ Order |
| Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
Samco Vs Groww - Other Charges
| Samco | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50/ Order |
| API Charges | Free | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | N/A |
| Other Brokerage Charges | ₹20/Order | ₹20/ Order or 0.05% |
| Minimum Brokerage | ₹20/Order | ₹20/ Order |
| Call Back Open Account | Call Back Open Account |
Samco Vs Groww - Transaction Charges
| Samco | Groww | |
|---|---|---|
| Currency Options | NSE - ₹40/ Lacs (0.040%) on Premium Value | N/A |
| Equity Futures | NSE - ₹2 per Lacs (0.0020%) | BSE - ₹1 per trade | NSE:- 0.002% |
| Equity Intraday | NSE - ₹3.45/Lacs (0.00345%) | BSE - ₹3.45/Lacs (0.00345%) | NSE:- 0.00345% | BSE:- 0.00345% |
| Equity Options | NSE - ₹53/ Lacs (0.053%) on Premium | BSE - ₹1/ trade | NSE:- 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%) | N/A |
| Currency Futures | NSE - ₹1.10/ Lacs (0.0011%) | N/A |
| 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% | BSE:-0.00345% |
| Call Back Open Account | Call Back Open Account |
Samco Vs Groww - Margin (Exposure)
| Samco | Groww | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Call Back Open Account | Call Back Open Account |
Samco Vs Groww - Features
| Samco | Groww | |
|---|---|---|
| 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:- 4:30 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. | Groww Web (Browser based trading website) , Groww Mobile Application |
| 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 Groww - Review & Rating
| Samco | Groww | |
|---|---|---|
| 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 Groww - Request a call back from Broker
| Samco | Groww | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Samco Vs Groww - Investment Options
| Samco | Groww | |
|---|---|---|
| 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 Groww - Order Type
| Samco | Groww | |
|---|---|---|
| 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 Groww - Research & Report
| Samco | Groww | |
|---|---|---|
| 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 Groww - Daily Market Report
| Samco | Groww | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account | Call Back Open Account |
Samco Vs Groww - Suitable For Investor
| Samco | Groww | |
|---|---|---|
| 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 Groww - Pros & Cons
| Samco | Groww | |
|---|---|---|
| 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.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option. |
| Cons | 1. Branches are not available for local support. 2. High pledge demat charges. | 1.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth. |
| Call Back Open Account | Call Back Open Account |
Samco Vs Groww - Background
| Samco | Groww | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Samco Vs Groww - Compare All Brokers
| Samco | Groww | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Samco Vs Groww - STT/CTT
| Samco | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell | 0.05% only on sell |
| 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% only on sell |
| Commodity Options | 0.05% on sell trade | N/A |
| Call Back Open Account | Call Back Open Account |
Samco Vs Groww - Demat transaction charges
| Samco | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + Gst per scrip | ₹13.5 Gst per scrip per day only on sell |
| Call Back Open Account | Call Back Open Account |
Samco Vs Groww - GST
| Samco | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% ( Brokerage + Transaction charges) |
| Call Back Open Account | Call Back Open Account |
Samco Vs Groww - SEBI Charges
| Samco | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
| Call Back Open Account | Call Back Open Account |
Samco Vs Groww - Account Opening & AMC Charges
Samco
Groww
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
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 Groww
| Samco | Groww | |
|---|---|---|
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 "+ Groww |
Groww Review | Brokerage Charges, Account OpeningGroww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application .. |
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Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Samco Vs Groww - Brokerage charges & Plans
| Samco | Groww | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | N/A |
| Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | N/A |
| Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹20/Order | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | ₹20/Order or 0.2% (whichever is lower) | N/A |
| Equity Futures | ₹20/Order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | N/A |
| Fixed Charges | ₹20/Order | ₹20/ Order |
| Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
Samco Vs Groww - Margin (Exposure)
| Samco | Groww | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Call Back Open Account | Call Back Open Account |
Samco Vs Groww - Other Charges
| Samco | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50/ Order |
| API Charges | Free | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | N/A |
| Other Brokerage Charges | ₹20/Order | ₹20/ Order or 0.05% |
| Minimum Brokerage | ₹20/Order | ₹20/ Order |
| Call Back Open Account |
Samco Vs Groww - STT/CTT
| Samco | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell | 0.05% only on sell |
| 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% only on sell |
| Commodity Options | 0.05% on sell trade | N/A |
| Call Back Open Account |
Samco Vs Groww - Demat transaction charges
| Samco | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + Gst per scrip | ₹13.5 Gst per scrip per day only on sell |
| Call Back Open Account |
Samco Vs Groww - GST
| Samco | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% ( Brokerage + Transaction charges) |
| Call Back Open Account |
Samco Vs Groww - SEBI Charges
| Samco | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
| Call Back Open Account |
Samco Vs Groww - Features
| Samco | Groww | |
|---|---|---|
| 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:- 3:20pm | Currency:- 4:30 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. | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
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| Call Back Open Account | Call Back Open Account |