Aditya Birla Money Vs SAMCO (Compare Aditya Birla Money and SAMCO)
The side-by-side comparison of Aditya Birla Money and SAMCO. Compare Aditya Birla Money Vs SAMCO brokerage, charges, exposure margin, demat account. Read SAMCO and Aditya Birla Money review.
Find out Aditya Birla Money Vs SAMCO which is better and Aditya Birla Money Vs SAMCO which is best.
Our Aditya Birla Money Ltd comparison with SAMCO Securities Limited highlights the major differences between two brokers. Find the best between Aditya Birla Money and SAMCO.
Aditya Birla Money Vs SAMCO
Aditya Birla Money
SAMCO
Find more info about broker
About the Broker
Incorporated in 1994, Aditya Birla Money Ltd (ABML) is a subsidiary of Aditya Birla Capital Limited and is headquartered in Chennai. The company was formerly known as Apollo Sindhoori Capital Investments. It is engaged in stock broking business and i...
SAMCO is India based online discount broker. It offers stock and commodity trading at NSE, BSE, and MCX. SAMCO's NBFC arm provide the margin funding, loan against shares and other financial products. It also offers depository services (demat account)...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX, NCDEX
Account Type
Standard
Broker Enquiry
Year of Incorporation
1994
Number of Branches
800
Enquire Aditya Birla Money
Enquire SAMCO
Aditya Birla Money Vs SAMCO Charges
Aditya Birla Money
SAMCO
Trading Account Opening Fees
₹750
₹0
Trading Account AMC
Nil
₹0
Demat Account Opening Fees
Nil
₹0
Demat Account AMC
₹436
₹400
Demat Account is Mandatory?
No
No
Aditya Birla Money Vs SAMCO Brokerage
Other Charges
Minimum Brokerage Charges
₹20 per executed order
₹0
Other Brokerage Charges
Call & Trade Charges
Nil
₹20 per executed order
Aditya Birla Money Vs SAMCO Taxes
Aditya Birla Money
SAMCO
Securities Transaction Tax (STT)
Equity Intraday 0.025% (on Sell trade) Equity Delivery 0.1% (on Buy and Sell) Equity Futures 0.01% (on Sell trade) Equity Options 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures Nil Currency Options Nil Commodities 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Aditya Birla Money Vs SAMCO Transaction Charges
Aditya Birla Money
SAMCO
Equity Delivery
₹325 per Cr (0.00325%)
NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Intraday
₹325 per Cr (0.00325%)
NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Futures
₹190 per Cr (0.0019%)
NSE ₹190 per crore | BSE ₹1 per trade (each side)
Equity Options
₹5000 per Cr (0.05%) (on premium)
NSE ₹5000 per crore | BSE ₹1 per trade (each side)
Currency Futures
₹110 per Cr (0.0011%)
NSE ₹110 per crore (0.0011%)
Currency Options
₹4000 per Cr (0.04%) (on premium)
NSE ₹4000 (on premium) per crore (0.040%)
Commodity
MCX - ₹300 per Cr (0.003%) | NCDEX - ₹400 per Cr (0.004%)
Non-Agri ₹260 (0.0026%) | Agri ₹175 per Crore
Aditya Birla Money Vs SAMCO Exposure Margin
Aditya Birla Money
SAMCO
Equity Delivery
Upto 5x with interest
Up to 4x
Equity Intraday
15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product
Normal Orders: 3x to 15x | CO & BO: Up to 33x
Equity Futures
Upto 3x
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options
Nil
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures
3x
Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options
Nil
Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures
4x
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Commodity Options
Aditya Birla Money and SAMCO Feature Comparison
Aditya Birla Money
SAMCO
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
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
Aditya Birla Money Vs SAMCO Review
Aditya Birla Money
SAMCO
12 Customer Reviews
12 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Aditya Birla Money is Rated 2.6 / 5 based on 12 customer reviews SAMCO is Rated 3.6 / 5 based on 12 customer reviews
Aditya Birla Money Vs SAMCO Investment Options
Aditya Birla Money
SAMCO
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Mutual Funds
Aditya Birla Money Vs SAMCO Customer Service
Aditya Birla Money
SAMCO
24/7 Customer Service
Onine Live Chat
Through Branches
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)
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 - Advantages and Disadvantages
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
More Advantages...
A technology-driven stockbroker with significantly fewer overheads.
Flat ₹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.
More Advantages...
Cons
Doesn't offer online account opening facility
Brokerage calculator is not available
Doesn't have Referral program
More Disadvantages...
No branch offices.
Mutual Fund investment is now available.
Online IPO applications are not available.
Additional charges for broker assisted traders (Call & Trade).
More Disadvantages...
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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