Samco Vs Parim Finserv
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.
Parim Finserv
Parim Finserv Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Samco Vs Parim Finserv - Broker Details
| Samco | Parim Finserv | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | N/A |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX. |
| Branches | Zero | 146 |
| Brokerage | ₹20/Order or 0.2% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Broker Type | Discount Broker | Discount Broker |
Samco Vs Parim Finserv - Account Opening & AMC Charges
| Samco | Parim Finserv | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹325 + 15% Service Tax |
| Demat Account Opening Charge | ₹0 (Free) | ₹325 + 15% Service Tax |
| Demat Account AMC | ₹400 ( 2nd year onwards ) | ₹1375/- Lifetime AMC |
| Trading Account AMC | ₹0 (Free) | NA |
Samco Vs Parim Finserv - Brokerage charges & Plans
| Samco | Parim Finserv | |
|---|---|---|
| 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) | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Equity Options | ₹20/Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Commodity Options | ₹20/Order or 0.2% (whichever is lower) | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Equity Futures | ₹20/Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Fixed Charges | ₹20/Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
Samco Vs Parim Finserv - Other Charges
| Samco | Parim Finserv | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹20 per order |
| API Charges | Free | N/A |
| Call & Trade Charges | ₹20/Order | ₹20 per order |
| Other Brokerage Charges | ₹20/Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Minimum Brokerage | ₹20/Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
Samco Vs Parim Finserv - Transaction Charges
| Samco | Parim Finserv | |
|---|---|---|
| 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% |
Samco Vs Parim Finserv - Margin (Exposure)
| Samco | Parim Finserv | |
|---|---|---|
| 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) |
Samco Vs Parim Finserv - Features
| Samco | Parim Finserv | |
|---|---|---|
| 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 | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 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. Parim Trade Mobile App, 2. Parim Web-Terminal, 3. Parim XTS-desktop software. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Samco Vs Parim Finserv - Review & Rating
| Samco | Parim Finserv | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Samco Vs Parim Finserv - Request a call back from Broker
| Samco | Parim Finserv | |
|---|---|---|
Samco Vs Parim Finserv - Investment Options
| Samco | Parim Finserv | |
|---|---|---|
| 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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Samco Vs Parim Finserv - Order Type
| Samco | Parim Finserv | |
|---|---|---|
| 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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Samco Vs Parim Finserv - Research & Report
| Samco | Parim Finserv | |
|---|---|---|
| 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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Samco Vs Parim Finserv - Daily Market Report
| Samco | Parim Finserv | |
|---|---|---|
| Daily Market Reports & News |
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Samco Vs Parim Finserv - Suitable For Investor
| Samco | Parim Finserv | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Samco Vs Parim Finserv - Pros & Cons
| Samco | Parim Finserv | |
|---|---|---|
| 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. offer a variety of investment options 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. good customer service, 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. Technology and Platforms 5. Parim Finserve offers such services, advantageous for investors looking for expert insights. |
Samco Vs Parim Finserv - Background
| Samco | Parim Finserv | |
|---|---|---|
Samco Vs Parim Finserv - Compare All Brokers
| Samco | Parim Finserv | |
|---|---|---|
Samco Vs Parim Finserv - STT/CTT
| Samco | Parim Finserv | |
|---|---|---|
| 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 |
Samco Vs Parim Finserv - Demat transaction charges
| Samco | Parim Finserv | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + Gst per scrip | ₹20 + Gst per scrip only on sell |
Samco Vs Parim Finserv - GST
| Samco | Parim Finserv | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% on ( Brokerage + Transaction Charge) |
Samco Vs Parim Finserv - SEBI Charges
| Samco | Parim Finserv | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Samco Vs Parim Finserv - Account Opening & AMC Charges
Samco
Parim Finserv
Trading Account Opening Charge
₹0 (Free)
₹325 + 15% Service Tax
Demat Account Opening Charge
₹0 (Free)
₹325 + 15% Service Tax
Demat Account AMC
₹400 ( 2nd year onwards )
₹1375/- Lifetime AMC
Trading Account AMC
₹0 (Free)
NA
Samco Vs Parim Finserv
| Samco | Parim Finserv | |
|---|---|---|
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 "+ Parim Finserv |
Parim Finserve Account Opening Charges |
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Parim Finserv
Parim Finserv Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Samco Vs Parim Finserv - Brokerage charges & Plans
| Samco | Parim Finserv | |
|---|---|---|
| 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) | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Equity Options | ₹20/Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Commodity Options | ₹20/Order or 0.2% (whichever is lower) | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Equity Futures | ₹20/Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Fixed Charges | ₹20/Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Call Back Open Account |
Samco Vs Parim Finserv - Margin (Exposure)
| Samco | Parim Finserv | |
|---|---|---|
| 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 Parim Finserv - Other Charges
| Samco | Parim Finserv | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹20 per order |
| API Charges | Free | N/A |
| Call & Trade Charges | ₹20/Order | ₹20 per order |
| Other Brokerage Charges | ₹20/Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Minimum Brokerage | ₹20/Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
Samco Vs Parim Finserv - STT/CTT
| Samco | Parim Finserv | |
|---|---|---|
| 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 |
Samco Vs Parim Finserv - Demat transaction charges
| Samco | Parim Finserv | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + Gst per scrip | ₹20 + Gst per scrip only on sell |
Samco Vs Parim Finserv - GST
| Samco | Parim Finserv | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% on ( Brokerage + Transaction Charge) |
Samco Vs Parim Finserv - SEBI Charges
| Samco | Parim Finserv | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Samco Vs Parim Finserv - Features
| Samco | Parim Finserv | |
|---|---|---|
| Online Portfolio |
|
|
| 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 | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 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. Parim Trade Mobile App, 2. Parim Web-Terminal, 3. Parim XTS-desktop software. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |