Samco Vs Prostocks
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.
Prostocks
Prostocks Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Prostocks Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Samco Vs Prostocks - Broker Details
| Samco | Prostocks | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 2016 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE and NSE |
| Branches | Zero | 2 |
| Brokerage | ₹20/Order or 0.2% | ₹15/ Order |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account |
Samco Vs Prostocks - Account Opening & AMC Charges
| Samco | Prostocks | |
|---|---|---|
| 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 |
Samco Vs Prostocks - Brokerage charges & Plans
| Samco | Prostocks | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | ₹15/ Order |
| Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹15/ Order |
| Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | ₹0 |
| Equity Options | ₹20/Order | ₹15/ Order |
| Commodity Options | ₹20/Order or 0.2% (whichever is lower) | ₹15/ Order |
| Equity Futures | ₹20/Order | ₹15/ Order |
| Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | ₹15/ Order |
| Fixed Charges | ₹20/Order | ₹15/ Order |
| Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹15/ Order |
| Call Back Open Account |
Samco Vs Prostocks - Other Charges
| Samco | Prostocks | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| API Charges | Free | ₹1000/Month |
| Call & Trade Charges | ₹20/Order | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| Other Brokerage Charges | ₹20/Order | ₹15/ Order |
| Minimum Brokerage | ₹20/Order | ₹15/ Order |
| Call Back Open Account |
Samco Vs Prostocks - Transaction Charges
| Samco | Prostocks | |
|---|---|---|
| Currency Options | NSE - ₹40/ Lacs (0.040%) on Premium Value | NSE ₹4,000/Cr | BSE ₹100/Cr |
| Equity Futures | NSE - ₹2 per Lacs (0.0020%) | BSE - ₹1 per trade | NSE ₹200/Cr | BSE ₹50/Cr |
| Equity Intraday | NSE - ₹3.45/Lacs (0.00345%) | BSE - ₹3.45/Lacs (0.00345%) | NSE ₹345/Cr | BSE ₹345/Cr |
| Equity Options | NSE - ₹53/ Lacs (0.053%) on Premium | BSE - ₹1/ trade | NSE ₹5,300/Cr | BSE ₹2,500/Cr |
| 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%) | NSE ₹90/Cr | BSE ₹22/Cr |
| 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 ₹345/Cr | BSE ₹345/Cr |
| Call Back Open Account |
Samco Vs Prostocks - Margin (Exposure)
| Samco | Prostocks | |
|---|---|---|
| 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 |
Samco Vs Prostocks - Features
| Samco | Prostocks | |
|---|---|---|
| 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:- 03:15 pm | Currency: 4:30PM | 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. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Samco Vs Prostocks - Review & Rating
| Samco | Prostocks | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Samco Vs Prostocks - Request a call back from Broker
| Samco | Prostocks | |
|---|---|---|
| Call Back Open Account |
Samco Vs Prostocks - Investment Options
| Samco | Prostocks | |
|---|---|---|
| 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 Prostocks - Order Type
| Samco | Prostocks | |
|---|---|---|
| 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 Prostocks - Research & Report
| Samco | Prostocks | |
|---|---|---|
| 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 Prostocks - Daily Market Report
| Samco | Prostocks | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Samco Vs Prostocks - Suitable For Investor
| Samco | Prostocks | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Samco Vs Prostocks - Pros & Cons
| Samco | Prostocks | |
|---|---|---|
| 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.The Demat account opens with ₹0 AMC on paying a one-time refundable deposit of ₹1000. 2. It charges low transaction charge. 3. It provides the online IPO application facility. 4. It provides the best and fully functional trading platforms in the industry. 5. It provides exceptionally the best customer services. 6. It provides 24*7 customer service by using the Advance Interactive Voice Response. |
| Cons | 1. Branches are not available for local support. 2. High pledge demat charges. | 1. ProStocks does not provide 3-in-1 account as they don’t provide banking services. 2. There is no commodity trading facility. 3.Average Customer Service. |
| Call Back Open Account |
Samco Vs Prostocks - Background
| Samco | Prostocks | |
|---|---|---|
| Call Back Open Account |
Samco Vs Prostocks - Compare All Brokers
| Samco | Prostocks | |
|---|---|---|
| Call Back Open Account |
Samco Vs Prostocks - STT/CTT
| Samco | Prostocks | |
|---|---|---|
| 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 | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
| Call Back Open Account |
Samco Vs Prostocks - Demat transaction charges
| Samco | Prostocks | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + Gst per scrip | ₹15 + Gst per scrip per day only on sell |
| Call Back Open Account |
Samco Vs Prostocks - GST
| Samco | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges |
| Call Back Open Account |
Samco Vs Prostocks - SEBI Charges
| Samco | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Samco Vs Prostocks - Account Opening & AMC Charges
Samco
Prostocks
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 Prostocks
| Samco | Prostocks | |
|---|---|---|
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 "+ Prostocks |
ProStocks Review | Brokerage Charges, Account OpeningProstocks is the Mumbai-based online stock broker that was incorporated in 2016. And It is a complete online broking company that offers convenient trading at the very economical rates. Prostocks review offers its trading services in Equity Delivery, Equity Intraday, Equity Derivatives (F&O) and Currency Derivatives across NSE and BSE m .. |
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Prostocks
Prostocks Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Prostocks Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Samco Vs Prostocks - Brokerage charges & Plans
| Samco | Prostocks | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | ₹15/ Order |
| Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹15/ Order |
| Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | ₹0 |
| Equity Options | ₹20/Order | ₹15/ Order |
| Commodity Options | ₹20/Order or 0.2% (whichever is lower) | ₹15/ Order |
| Equity Futures | ₹20/Order | ₹15/ Order |
| Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | ₹15/ Order |
| Fixed Charges | ₹20/Order | ₹15/ Order |
| Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹15/ Order |
| Call Back Open Account |
Samco Vs Prostocks - Margin (Exposure)
| Samco | Prostocks | |
|---|---|---|
| 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 |
Samco Vs Prostocks - Other Charges
| Samco | Prostocks | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| API Charges | Free | ₹1000/Month |
| Call & Trade Charges | ₹20/Order | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| Other Brokerage Charges | ₹20/Order | ₹15/ Order |
| Minimum Brokerage | ₹20/Order | ₹15/ Order |
| Call Back Open Account |
Samco Vs Prostocks - STT/CTT
| Samco | Prostocks | |
|---|---|---|
| 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 | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
| Call Back Open Account |
Samco Vs Prostocks - Demat transaction charges
| Samco | Prostocks | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + Gst per scrip | ₹15 + Gst per scrip per day only on sell |
| Call Back Open Account |
Samco Vs Prostocks - GST
| Samco | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges |
| Call Back Open Account |
Samco Vs Prostocks - SEBI Charges
| Samco | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Samco Vs Prostocks - Features
| Samco | Prostocks | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
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| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| 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:- 03:15 pm | Currency: 4:30PM | 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. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |