Samco Vs mStock
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.
mStock
mStock Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Samco Vs mStock - Broker Details
| Samco | mStock | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 2022 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE and MCX |
| Branches | Zero | N/A |
| Brokerage | ₹20/Order or 0.2% | ₹0 |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account | Call Back Open Account |
Samco Vs mStock - Account Opening & AMC Charges
| Samco | mStock | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹149 or ₹999 |
| Demat Account Opening Charge | ₹0 (Free) | ₹149 or ₹999 |
| Demat Account AMC | ₹400 ( 2nd year onwards ) | ₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC) |
| Trading Account AMC | ₹0 (Free) | ₹149 or ₹999 + ₹999 (One time AMC) |
| Call Back Open Account | Call Back Open Account |
Samco Vs mStock - Brokerage charges & Plans
| Samco | mStock | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | ₹0 |
| Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹0 |
| Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | ₹0 |
| Equity Options | ₹20/Order | ₹0 |
| Commodity Options | ₹20/Order or 0.2% (whichever is lower) | ₹0 |
| Equity Futures | ₹20/Order | ₹0 |
| Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | ₹0 |
| Fixed Charges | ₹20/Order | ₹0 |
| Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹0 |
| Call Back Open Account | Call Back Open Account |
Samco Vs mStock - Other Charges
| Samco | mStock | |
|---|---|---|
| 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 (Free) |
| Minimum Brokerage | ₹20/Order | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Samco Vs mStock - Transaction Charges
| Samco | mStock | |
|---|---|---|
| Currency Options | NSE - ₹40/ Lacs (0.040%) on Premium Value | NSE: Exchange txn charge: 0.035% |
| Equity Futures | NSE - ₹2 per Lacs (0.0020%) | BSE - ₹1 per trade | NSE: 0.0019% |
| Equity Intraday | NSE - ₹3.45/Lacs (0.00345%) | BSE - ₹3.45/Lacs (0.00345%) | BSE: 0.00375% | NSE: 0.00325% |
| Equity Options | NSE - ₹53/ Lacs (0.053%) on Premium | BSE - ₹1/ trade | NSE: 0.050% |
| 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 ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) |
| Currency Futures | NSE - ₹1.10/ Lacs (0.0011%) | NSE: Exchange txn charge: 0.0009% |
| 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%) | BSE: 0.00375% | NSE: 0.00325% |
| Call Back Open Account | Call Back Open Account |
Samco Vs mStock - Margin (Exposure)
| Samco | mStock | |
|---|---|---|
| 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 mStock - Features
| Samco | mStock | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | 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. Mstock Mobile App, 2. Mstock Web Portal |
| 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 mStock - Review & Rating
| Samco | mStock | |
|---|---|---|
| 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 mStock - Request a call back from Broker
| Samco | mStock | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Samco Vs mStock - Investment Options
| Samco | mStock | |
|---|---|---|
| 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 mStock - Order Type
| Samco | mStock | |
|---|---|---|
| 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 mStock - Research & Report
| Samco | mStock | |
|---|---|---|
| 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 mStock - Daily Market Report
| Samco | mStock | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account | Call Back Open Account |
Samco Vs mStock - Suitable For Investor
| Samco | mStock | |
|---|---|---|
| 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 mStock - Pros & Cons
| Samco | mStock | |
|---|---|---|
| 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 charges 0 brokerage. 2.Real-time market data and analysis tools. 3.It provides education facility to its customers. 4.It avails its customers with refer and earn program. 5.The customers can apply for an IPO directly from the mstock Account. 6. Market and historical data available. |
| Cons | 1. Branches are not available for local support. 2. High pledge demat charges. | 1.Non availability of 3-in-1 account 2.Limited trading tools and advanced features. 3.Compared to other discount brokers exchange transaction charges are also very high. 4.Higher minimum deposit requirements. 5.The call and trade are present at an additional fee. |
| Call Back Open Account | Call Back Open Account |
Samco Vs mStock - Background
| Samco | mStock | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Samco Vs mStock - Compare All Brokers
| Samco | mStock | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Samco Vs mStock - STT/CTT
| Samco | mStock | |
|---|---|---|
| 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 | 0.0125% 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 mStock - Demat transaction charges
| Samco | mStock | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + Gst per scrip | ₹12 + Gst per scrip only on sell |
| Call Back Open Account | Call Back Open Account |
Samco Vs mStock - GST
| Samco | mStock | |
|---|---|---|
| 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 mStock - SEBI Charges
| Samco | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10 / crore |
| Call Back Open Account | Call Back Open Account |
Samco Vs mStock - Account Opening & AMC Charges
Samco
mStock
Trading Account Opening Charge
₹0 (Free)
₹149 or ₹999
Demat Account Opening Charge
₹0 (Free)
₹149 or ₹999
Demat Account AMC
₹400 ( 2nd year onwards )
₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC)
Trading Account AMC
₹0 (Free)
₹149 or ₹999 + ₹999 (One time AMC)
Samco Vs mStock
| Samco | mStock | |
|---|---|---|
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 "+ mStock |
mStock Review 2024mStock .. |
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mStock
mStock Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Samco Vs mStock - Brokerage charges & Plans
| Samco | mStock | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | ₹0 |
| Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹0 |
| Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | ₹0 |
| Equity Options | ₹20/Order | ₹0 |
| Commodity Options | ₹20/Order or 0.2% (whichever is lower) | ₹0 |
| Equity Futures | ₹20/Order | ₹0 |
| Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | ₹0 |
| Fixed Charges | ₹20/Order | ₹0 |
| Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹0 |
| Call Back Open Account | Call Back Open Account |
Samco Vs mStock - Margin (Exposure)
| Samco | mStock | |
|---|---|---|
| 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 mStock - Other Charges
| Samco | mStock | |
|---|---|---|
| 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 (Free) |
| Minimum Brokerage | ₹20/Order | ₹0 (Free) |
| Call Back Open Account |
Samco Vs mStock - STT/CTT
| Samco | mStock | |
|---|---|---|
| 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 | 0.0125% on sell side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
| Call Back Open Account |
Samco Vs mStock - Demat transaction charges
| Samco | mStock | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + Gst per scrip | ₹12 + Gst per scrip only on sell |
| Call Back Open Account |
Samco Vs mStock - GST
| Samco | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account |
Samco Vs mStock - SEBI Charges
| Samco | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10 / crore |
| Call Back Open Account |
Samco Vs mStock - Features
| Samco | mStock | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | 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. Mstock Mobile App, 2. Mstock Web Portal |
| SMS Alerts for Trades |
|
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |