Samco Vs Upstox
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.
Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.
Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.
Samco Vs Upstox - Broker Details
Samco | Upstox | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 2015 | 2009 |
Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
Branches | Zero | Zero |
Brokerage | ₹20/Order or 0.2% | ₹20/ Order or 0.05% (Whichever is lower) |
Broker Type | Discount Broker | Discount Broker |
Call Back Open Account | Call Back Open Account |
Samco Vs Upstox - Account Opening & AMC Charges
Samco | Upstox | |
---|---|---|
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 Upstox - Brokerage charges & Plans
Samco | Upstox | |
---|---|---|
Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order or 2.5% (whichever is lower) |
Equity Options | ₹20/Order | ₹20/ Order |
Commodity Options | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order |
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) | ₹20/ Order |
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 Upstox - Other Charges
Samco | Upstox | |
---|---|---|
RMS Square Off Charge | ₹20/Order | (₹50 + GST) |
API Charges | Free | ₹0 (Free) |
Call & Trade Charges | ₹20/Order | (₹50 + GST) |
Other Brokerage Charges | ₹20/Order | ₹20/ Order or 0.05% ( Whichever is lower) |
Minimum Brokerage | ₹20/Order | ₹20/ Order |
Call Back Open Account | Call Back Open Account |
Samco Vs Upstox - Transaction Charges
Samco | Upstox | |
---|---|---|
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: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
Equity Intraday | NSE - ₹3.45/Lacs (0.00345%) | BSE - ₹3.45/Lacs (0.00345%) | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Equity Options | NSE - ₹53/ Lacs (0.053%) on Premium | BSE - ₹1/ trade | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
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: Exchange turnover charge: 0.0026% |
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: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Call Back Open Account | Call Back Open Account |
Samco Vs Upstox - Margin (Exposure)
Samco | Upstox | |
---|---|---|
Equity Options | 1x (100% of NRML margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
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 margins(SPAN + Exposure) |
Commodity Options | 1x (100% of NRML margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
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 Upstox - Features
Samco | Upstox | |
---|---|---|
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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 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.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |
Samco Vs Upstox - Review & Rating
Samco | Upstox | |
---|---|---|
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 Upstox - Request a call back from Broker
Samco | Upstox | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Samco Vs Upstox - Investment Options
Samco | Upstox | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account | Call Back Open Account |
Samco Vs Upstox - Order Type
Samco | Upstox | |
---|---|---|
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 | Call Back Open Account |
Samco Vs Upstox - Research & Report
Samco | Upstox | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account | Call Back Open Account |
Samco Vs Upstox - Daily Market Report
Samco | Upstox | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account | Call Back Open Account |
Samco Vs Upstox - Suitable For Investor
Samco | Upstox | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account | Call Back Open Account |
Samco Vs Upstox - Pros & Cons
Samco | Upstox | |
---|---|---|
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.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. |
Cons | 1. Branches are not available for local support. 2. High pledge demat charges. | 1. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. |
Call Back Open Account | Call Back Open Account |
Samco Vs Upstox - Background
Samco | Upstox | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Samco Vs Upstox - Compare All Brokers
Samco | Upstox | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Samco Vs Upstox - STT/CTT
Samco | Upstox | |
---|---|---|
Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell trade (Non-Agri) |
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 | 0.05% on sell trade |
Call Back Open Account | Call Back Open Account |
Samco Vs Upstox - Demat transaction charges
Samco | Upstox | |
---|---|---|
Equity Demat Transaction Charges | ₹10 + Gst per scrip | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Call Back Open Account | Call Back Open Account |
Samco Vs Upstox - GST
Samco | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Call Back Open Account | Call Back Open Account |
Samco Vs Upstox - SEBI Charges
Samco | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Call Back Open Account | Call Back Open Account |
Samco Vs Upstox - Account Opening & AMC Charges
Samco Vs Upstox
Samco | Upstox | |
---|---|---|
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 "+ Upstox |
Upstox Review 2024 - Brokerage Charges, Account Opening, MarginUpstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. |
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Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.
Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.
Samco Vs Upstox - Brokerage charges & Plans
Samco | Upstox | |
---|---|---|
Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order or 2.5% (whichever is lower) |
Equity Options | ₹20/Order | ₹20/ Order |
Commodity Options | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order |
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) | ₹20/ Order |
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 Upstox - Margin (Exposure)
Samco | Upstox | |
---|---|---|
Equity Options | 1x (100% of NRML margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
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 margins(SPAN + Exposure) |
Commodity Options | 1x (100% of NRML margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
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 Upstox - Other Charges
Samco | Upstox | |
---|---|---|
RMS Square Off Charge | ₹20/Order | (₹50 + GST) |
API Charges | Free | ₹0 (Free) |
Call & Trade Charges | ₹20/Order | (₹50 + GST) |
Other Brokerage Charges | ₹20/Order | ₹20/ Order or 0.05% ( Whichever is lower) |
Minimum Brokerage | ₹20/Order | ₹20/ Order |
Call Back Open Account |
Samco Vs Upstox - STT/CTT
Samco | Upstox | |
---|---|---|
Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell trade (Non-Agri) |
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 | 0.05% on sell trade |
Call Back Open Account |
Samco Vs Upstox - Demat transaction charges
Samco | Upstox | |
---|---|---|
Equity Demat Transaction Charges | ₹10 + Gst per scrip | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Call Back Open Account |
Samco Vs Upstox - GST
Samco | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Call Back Open Account |
Samco Vs Upstox - SEBI Charges
Samco | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Call Back Open Account |
Samco Vs Upstox - Features
Samco | Upstox | |
---|---|---|
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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 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.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |