Elite Wealth Vs Samco
Elite Wealth
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.
Elite Wealth Vs Samco - Broker Details
| Elite Wealth | Samco | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 1990 | 2015 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | N/A | Zero |
| Brokerage | 0.03% | ₹20/Order or 0.2% |
| Broker Type | Full Service Broker | Discount Broker |
Elite Wealth Vs Samco - Account Opening & AMC Charges
| Elite Wealth | Samco | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method | ₹400 ( 2nd year onwards ) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Elite Wealth Vs Samco - Brokerage charges & Plans
| Elite Wealth | Samco | |
|---|---|---|
| Commodity Futures | 0.03% | ₹20/Order or 0.2% (whichever is lower) |
| Currency Futures | 0.03% | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Equity Delivery | 0.33% | ₹20/Order or 0.2% (whichever is lower) |
| Equity Options | ₹33 per Lot | ₹20/Order |
| Commodity Options | 0.03% | ₹20/Order or 0.2% (whichever is lower) |
| Equity Futures | 0.03% | ₹20/Order |
| Currency Options | ₹33 per Lot | ₹20/Order or 0.2% of notional turnover (whichever is lower) |
| Fixed Charges | 0.03% | ₹20/Order |
| Equity Intraday | 0.03% | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
Elite Wealth Vs Samco - Other Charges
| Elite Wealth | Samco | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | ₹0 (Free) | Free |
| Call & Trade Charges | ₹0 (Free) | ₹20/Order |
| Other Brokerage Charges | 0.03% | ₹20/Order |
| Minimum Brokerage | 0.03% | ₹20/Order |
Elite Wealth Vs Samco - Transaction Charges
| Elite Wealth | Samco | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE - ₹40/ Lacs (0.040%) on Premium Value |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE - ₹2 per Lacs (0.0020%) | BSE - ₹1 per trade |
| Equity Intraday | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE - ₹3.45/Lacs (0.00345%) | BSE - ₹3.45/Lacs (0.00345%) |
| Equity Options | NSE: 0.053% on Premium value | NSE - ₹53/ Lacs (0.053%) on Premium | BSE - ₹1/ trade |
| Commodity | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | 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%) |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE - ₹1.10/ Lacs (0.0011%) |
| Equity Delivery | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | 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%) |
Elite Wealth Vs Samco - Margin (Exposure)
| Elite Wealth | Samco | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Elite Wealth Vs Samco - Features
| Elite Wealth | Samco | |
|---|---|---|
| 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 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online 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. |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Elite Wealth Vs Samco - Review & Rating
| Elite Wealth | Samco | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Elite Wealth Vs Samco - Request a call back from Broker
| Elite Wealth | Samco | |
|---|---|---|
Elite Wealth Vs Samco - Investment Options
| Elite Wealth | Samco | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Elite Wealth Vs Samco - Order Type
| Elite Wealth | Samco | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Elite Wealth Vs Samco - Research & Report
| Elite Wealth | Samco | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Elite Wealth Vs Samco - Daily Market Report
| Elite Wealth | Samco | |
|---|---|---|
| Daily Market Reports & News |
|
|
Elite Wealth Vs Samco - Suitable For Investor
| Elite Wealth | Samco | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Elite Wealth Vs Samco - Pros & Cons
| Elite Wealth | Samco | |
|---|---|---|
| Pros | 1. It is a full-service broker 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. Excellent Research 4. Call n Trade Facility 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Upcoming IPO updates 7. Online access to the account on all days | 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. |
| Cons | 1. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account and does not have banking license. 3. Risk of Overtrading. | 1. Branches are not available for local support. 2. High pledge demat charges. |
Elite Wealth Vs Samco - Background
| Elite Wealth | Samco | |
|---|---|---|
Elite Wealth Vs Samco - Compare All Brokers
| Elite Wealth | Samco | |
|---|---|---|
Elite Wealth Vs Samco - STT/CTT
| Elite Wealth | Samco | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell | 0.025% only on sell |
| Equity Options | 0.05% on Sell (on Premium) | 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 % on Sell | 0.01% only on sell |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell trade |
Elite Wealth Vs Samco - Demat transaction charges
| Elite Wealth | Samco | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹10 + Gst per scrip |
Elite Wealth Vs Samco - GST
| Elite Wealth | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges + CM Charges) |
Elite Wealth Vs Samco - SEBI Charges
| Elite Wealth | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Elite Wealth Vs Samco - Account Opening & AMC Charges
Elite Wealth
Samco
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
₹400 ( 2nd year onwards )
Trading Account AMC
₹0 (Free)
₹0 (Free)
Elite Wealth Vs Samco
| Elite Wealth | Samco | |
|---|---|---|
Elite Wealth Review | Products and Trading Platforms |
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 .. |
|
|
|
|
|
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.
Elite Wealth Vs Samco - Brokerage charges & Plans
| Elite Wealth | Samco | |
|---|---|---|
| Commodity Futures | 0.03% | ₹20/Order or 0.2% (whichever is lower) |
| Currency Futures | 0.03% | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Equity Delivery | 0.33% | ₹20/Order or 0.2% (whichever is lower) |
| Equity Options | ₹33 per Lot | ₹20/Order |
| Commodity Options | 0.03% | ₹20/Order or 0.2% (whichever is lower) |
| Equity Futures | 0.03% | ₹20/Order |
| Currency Options | ₹33 per Lot | ₹20/Order or 0.2% of notional turnover (whichever is lower) |
| Fixed Charges | 0.03% | ₹20/Order |
| Equity Intraday | 0.03% | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Call Back Open Account |
Elite Wealth Vs Samco - Margin (Exposure)
| Elite Wealth | Samco | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Elite Wealth Vs Samco - Other Charges
| Elite Wealth | Samco | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | ₹0 (Free) | Free |
| Call & Trade Charges | ₹0 (Free) | ₹20/Order |
| Other Brokerage Charges | 0.03% | ₹20/Order |
| Minimum Brokerage | 0.03% | ₹20/Order |
Elite Wealth Vs Samco - STT/CTT
| Elite Wealth | Samco | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell | 0.025% only on sell |
| Equity Options | 0.05% on Sell (on Premium) | 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 % on Sell | 0.01% only on sell |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell trade |
Elite Wealth Vs Samco - Demat transaction charges
| Elite Wealth | Samco | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹10 + Gst per scrip |
Elite Wealth Vs Samco - GST
| Elite Wealth | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges + CM Charges) |
Elite Wealth Vs Samco - SEBI Charges
| Elite Wealth | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Elite Wealth Vs Samco - Features
| Elite Wealth | Samco | |
|---|---|---|
| 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 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online 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. |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|