GarvThakur.com

STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS
Login / Sign Up

Comparision (Samco VS Upstox)

 

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

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)

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)

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

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

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)

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

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

Samco Vs Upstox - Investment Options

Samco Upstox
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

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

Samco Vs Upstox - Research & Report

Samco Upstox
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Samco Vs Upstox - Daily Market Report

Samco Upstox
Daily Market Reports & News

Samco Vs Upstox - Suitable For Investor

Samco Upstox
Casual Investor
Active Investor
Trader

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.

Samco Vs Upstox - Background

Samco Upstox

Samco Vs Upstox - Compare All Brokers

Samco Upstox

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

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

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)

Samco Vs Upstox - SEBI Charges

Samco Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/ Crore

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

Samco Upstox
 

Samco Review | Brokerage Charges, Account Opening

Incorporated 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
Read more..

Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

Upstox (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.

Read more..
 
 

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

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

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

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

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)

Samco Vs Upstox - SEBI Charges

Samco Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/ Crore

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

Samco

Upstox