Samco Vs ProfitMart
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.
ProfitMart
Profitmart Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges Profitmart Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Samco Vs ProfitMart - Broker Details
| Samco | ProfitMart | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 2010 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX. |
| Branches | Zero | 32 |
| Brokerage | ₹20/Order or 0.2% | ₹20/ Order or 0.03% (whichever is lower) |
| Broker Type | Discount Broker | Discount Broker |
Samco Vs ProfitMart - Account Opening & AMC Charges
| Samco | ProfitMart | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 ( 2nd year onwards ) | ₹999 ( Lifetime) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Samco Vs ProfitMart - Brokerage charges & Plans
| Samco | ProfitMart | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order or 0.30% (whichever is lower) |
| Equity Options | ₹20/Order | ₹20/Order or ₹50/Lot |
| Commodity Options | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Futures | ₹20/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | ₹20/Order or ₹50/Lot |
| Fixed Charges | ₹20/Order | ₹20/ Order |
| Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
Samco Vs ProfitMart - Other Charges
| Samco | ProfitMart | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹0 (Free) |
| API Charges | Free | ₹2500 + GST |
| Call & Trade Charges | ₹20/Order | ₹0 (Free) |
| Other Brokerage Charges | ₹20/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹20/Order | ₹20/ Order |
Samco Vs ProfitMart - Transaction Charges
| Samco | ProfitMart | |
|---|---|---|
| Currency Options | NSE - ₹40/ Lacs (0.040%) on Premium Value | 0.00325% of Total Turnover |
| Equity Futures | NSE - ₹2 per Lacs (0.0020%) | BSE - ₹1 per trade | 0.00325% of Total Turnover |
| Equity Intraday | NSE - ₹3.45/Lacs (0.00345%) | BSE - ₹3.45/Lacs (0.00345%) | 0.00325% of Total Turnover |
| Equity Options | NSE - ₹53/ Lacs (0.053%) on Premium | BSE - ₹1/ trade | 0.00325% of Total Turnover |
| 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%) | 0.00325% of Total Turnover |
| Currency Futures | NSE - ₹1.10/ Lacs (0.0011%) | 0.00325% of Total Turnover |
| 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%) | 0.00325% of Total Turnover |
Samco Vs ProfitMart - Margin (Exposure)
| Samco | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Features
| Samco | ProfitMart | |
|---|---|---|
| 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 (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 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. Profitmart Mobile App. 2. Tradetron Algo Trading Platform. 3. Fox Trader Trading Platform. 4. API Bridge. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Samco Vs ProfitMart - Review & Rating
| Samco | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Request a call back from Broker
| Samco | ProfitMart | |
|---|---|---|
Samco Vs ProfitMart - Investment Options
| Samco | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Order Type
| Samco | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Research & Report
| Samco | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Daily Market Report
| Samco | ProfitMart | |
|---|---|---|
| Daily Market Reports & News |
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Samco Vs ProfitMart - Suitable For Investor
| Samco | ProfitMart | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Samco Vs ProfitMart - Pros & Cons
| Samco | ProfitMart | |
|---|---|---|
| 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 provides various offers from time to time. 2.It provides the advanced and smart trading platforms that makes trading easy and efficient. 3.Reasonalble Brokerage. 4.It has quick and great customer support. 5.It has its branches across India to serve its customers. 6.It provides the online or offline transaction facility. |
| Cons | 1. Branches are not available for local support. 2. High pledge demat charges. | 1.It prescribes least brokerage charges. 2.It does not provide the facility of brokerage calculator. 3. The trading platforms are not compatible for web. 4. Average Customer Service. |
Samco Vs ProfitMart - Background
| Samco | ProfitMart | |
|---|---|---|
Samco Vs ProfitMart - Compare All Brokers
| Samco | ProfitMart | |
|---|---|---|
Samco Vs ProfitMart - STT/CTT
| Samco | ProfitMart | |
|---|---|---|
| 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 |
Samco Vs ProfitMart - Demat transaction charges
| Samco | ProfitMart | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + Gst per scrip | ₹20+ Gst per scrip only on sell |
Samco Vs ProfitMart - GST
| Samco | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% on (Brokerage + Transaction Charges) |
Samco Vs ProfitMart - SEBI Charges
| Samco | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Samco Vs ProfitMart - Account Opening & AMC Charges
Samco
ProfitMart
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 ( 2nd year onwards )
₹999 ( Lifetime)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Samco Vs ProfitMart
| Samco | ProfitMart | |
|---|---|---|
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 "+ ProfitMart |
Profitmart Review | Brokerage Charges, Account OpeningProfitmart Securities Private Limited reviews are very important for traders who wants to open account in Profitmart. It is a broking house established in 2010. In Profitmart Securities review focuses on improving the customer’s profit with its best products, services and technology. Profitmart broking firm was formerly .. |
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ProfitMart
Profitmart Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges Profitmart Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Samco Vs ProfitMart - Brokerage charges & Plans
| Samco | ProfitMart | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order or 0.30% (whichever is lower) |
| Equity Options | ₹20/Order | ₹20/Order or ₹50/Lot |
| Commodity Options | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Futures | ₹20/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | ₹20/Order or ₹50/Lot |
| Fixed Charges | ₹20/Order | ₹20/ Order |
| Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
Samco Vs ProfitMart - Margin (Exposure)
| Samco | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Other Charges
| Samco | ProfitMart | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹0 (Free) |
| API Charges | Free | ₹2500 + GST |
| Call & Trade Charges | ₹20/Order | ₹0 (Free) |
| Other Brokerage Charges | ₹20/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹20/Order | ₹20/ Order |
Samco Vs ProfitMart - STT/CTT
| Samco | ProfitMart | |
|---|---|---|
| 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 |
Samco Vs ProfitMart - Demat transaction charges
| Samco | ProfitMart | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + Gst per scrip | ₹20+ Gst per scrip only on sell |
Samco Vs ProfitMart - GST
| Samco | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% on (Brokerage + Transaction Charges) |
Samco Vs ProfitMart - SEBI Charges
| Samco | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Samco Vs ProfitMart - Features
| Samco | ProfitMart | |
|---|---|---|
| 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 (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 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. Profitmart Mobile App. 2. Tradetron Algo Trading Platform. 3. Fox Trader Trading Platform. 4. API Bridge. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |