Aditya Birla Money Vs SAMCO (Compare Aditya Birla Money and SAMCO)

Aditya Birla Money Vs SAMCO

Incorporated in 1994, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

	Aditya Birla Money	SAMCO
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX, NCDEX
Year of Incorporation	1994
Number of Branches	800
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Aditya Birla Money Vs SAMCO Charges & AMC

Aditya Birla Money trading account opening charges is Rs 750 while SAMCO account opening changes is Rs 0 (Free). Aditya Birla Money Demat Account AMC Charges is Rs 436 and SAMCO Demat Account AMC Charges is Rs 400.

	Aditya Birla Money	SAMCO
Trading Account Opening Charges	Rs 750	Rs 0 (Free)
Trading Account AMC Charges	Nil	Rs 0 (Free)
Demat Account Opening Charges	Nil	Rs 0 (Free)
Demat Account AMC Charges	Rs 436	Rs 400

Aditya Birla Money Vs SAMCO Brokerage

Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03% whereas SAMCO brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.

	Aditya Birla Money	SAMCO
Account Type		Standard
Fixed Charges		NA
Equity Delivery	0.30%	Rs 20 per executed order
Equity Intraday	0.03%	Rs 20 per executed order
Equity Futures	0.03%	Rs 20 per executed order
Equity Options	Rs 50 per lot	Rs 20 per executed order
Currency Futures	0.03%	Rs 20 per executed order
Currency Options	Rs 50 per lot	Rs 20 per executed order
Commodity Futures	0.03%
Commodity Options	Nil
Special Offer		Special Offer: Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Get the offer

Aditya Birla Money Charges Vs SAMCO

Minimum Brokerage	Rs 20 per executed order	Rs 0
Other Charges
Call & Trade Charges	Nil	Rs 20 per executed order

Aditya Birla Money Vs SAMCO Transaction Charges

Aditya Birla Money transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while SAMCO exchange transaction charges for options is NSE Rs 5000 per crore | BSE Rs 1 per trade (each side).

	Aditya Birla Money	SAMCO
Equity Delivery	Rs 325 per Cr (0.00325%)	NSE Rs 325 per crore | BSE Rs 1 per trade (each side)
Equity Intraday	Rs 325 per Cr (0.00325%)	NSE Rs 325 per crore | BSE Rs 1 per trade (each side)
Equity Futures	Rs 190 per Cr (0.0019%)	NSE Rs 190 per crore | BSE Rs 1 per trade (each side)
Equity Options	Rs 5000 per Cr (0.05%) (on premium)	NSE Rs 5000 per crore | BSE Rs 1 per trade (each side)
Currency Futures	Rs 110 per Cr (0.0011%)	NSE Rs 110 per crore (0.0011%)
Currency Options	Rs 4000 per Cr (0.04%) (on premium)	NSE Rs 4000 (on premium) per crore (0.040%)
Commodity	MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%)	Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
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Aditya Birla Money Vs SAMCO Leverage (Margin)

Aditya Birla Money margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the SAMCO margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Aditya Birla Money	SAMCO
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Aditya Birla Money and SAMCO Features

The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. SAMCO offers OMNESYS NEST, StockNote trading software.

	Aditya Birla Money	SAMCO
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Etrade, Advanced web, Mobile invest	OMNESYS NEST, StockNote
Intraday Square-off Time	3:15	3:15 PM
Other Features	Insurance and Pension scheme available	Margin Products - CashPlus, StockPlus, and InstaPlus
Referral Program
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Aditya Birla Money Vs SAMCO Review

Aditya Birla Money is rated 2.9 of 5 based on 21 customer reviews whereas SAMCO is rated 3.3 of 5 based on 20 customer reviews.

	Aditya Birla Money	SAMCO
	21 Customer Reviews	20 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Aditya Birla Money is rated 2.9 of 5 based on 21 customer reviews	SAMCO is rated 3.3 of 5 based on 20 customer reviews

Aditya Birla Money Vs SAMCO Investment Options

	Aditya Birla Money	SAMCO
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Mutual Funds

Aditya Birla Money Vs SAMCO Order Type Offered

	Aditya Birla Money	SAMCO
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Aditya Birla Money Vs SAMCO Research Report

	Aditya Birla Money	SAMCO
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Aditya Birla Money Vs SAMCO Suitable For Investor Type

	Aditya Birla Money	SAMCO
Casual Investor
Active Investor
Trader

Aditya Birla Money Vs SAMCO - Pros and Cons

	Aditya Birla Money	SAMCO
Pros	ABM offers 2 in 1 account which is Trading cum Demat account No Call and Trade charges Fund transfer facility available from more than 11 banks ABM offers Portfolio Tracker which is one stop shop for your entire portfolio	A technology-driven stockbroker with significantly fewer overheads. Flat Rs 20 per trade low-cost trading across segments. Instant paperless online account opening process. Margin products available for delivery margin and margin against shares. StockNote, a mobile trading app with personalized news, managed alerts, advanced charts, and watch list with any number of shares. Guest user for mobile app StockNote which allows you to check the app even before you becomes a customer. Advance order types i.e. bracket order and cover order with up to 33 times leverage Free 'NEST Trader' install-able trading terminal for frequent traders.
Cons	Doesn't offer online account opening facility Brokerage calculator is not available Doesn't have Referral program	No branch offices. Mutual Fund investment is now available. Online IPO applications are not available. Additional charges for broker assisted traders (Call & Trade).
Reviews
Promo / Offers		SAMCO has 2 limited time special offers running at this time. Trading & Demat Account Opening Fee Waived Open trading and demat account at absolutely no cost. The account opening fee is waived for limited period of time. 100% Brokerage Cash Back for 1st Month Open an account with SAMCO, download mobile trading app StockNote and get 100% cashback on brokerage paid for trades done through mobile app in 1st month. This cashback offer works only for trade executed using mobile app. Get the Special Offer
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