Alice Blue Vs SAMCO (Compare Alice Blue and SAMCO)

Alice Blue Vs SAMCO

Incorporated in , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

	Alice Blue	SAMCO
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX, NCDEX
Year of Incorporation
Number of Branches
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Alice Blue Vs SAMCO Charges & AMC

Alice Blue trading account opening charges is Rs 0 (Free) while SAMCO account opening changes is Rs 0 (Free). Alice Blue Demat Account AMC Charges is Rs 400 and SAMCO Demat Account AMC Charges is Rs 400.

	Alice Blue	SAMCO
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 400	Rs 400

Alice Blue Vs SAMCO Brokerage

Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per order or 0.01% whichever is lower whereas SAMCO brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.

	Alice Blue	SAMCO
Account Type	Freedom 15	Standard
Fixed Charges		NA
Equity Delivery	Rs 0 (Free)	Rs 20 per executed order
Equity Intraday	Rs 15 per order or 0.01% whichever is lower	Rs 20 per executed order
Equity Futures	Rs 15 per order or 0.01% whichever is lower	Rs 20 per executed order
Equity Options	Rs 15 per order	Rs 20 per executed order
Currency Futures	Rs 15 per order or 0.01% whichever is lower	Rs 20 per executed order
Currency Options	Rs 15 per order	Rs 20 per executed order
Commodity Futures	Rs 15 per order or 0.01% whichever is lower
Commodity Options	Rs 15 per order
Special Offer	Special Offer: Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open FREE Instant Account online with Alice Blue and start trading today.	Special Offer: Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Get the offer

Alice Blue Charges Vs SAMCO

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

Alice Blue Vs SAMCO Transaction Charges

Alice Blue transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side) while SAMCO exchange transaction charges for options is NSE Rs 5000 per crore | BSE Rs 1 per trade (each side).

	Alice Blue	SAMCO
Equity Delivery	NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)	NSE Rs 325 per crore | BSE Rs 1 per trade (each side)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)	NSE Rs 325 per crore | BSE Rs 1 per trade (each side)
Equity Futures	NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side)	NSE Rs 190 per crore | BSE Rs 1 per trade (each side)
Equity Options	NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side)	NSE Rs 5000 per crore | BSE Rs 1 per trade (each side)
Currency Futures	NSE Rs 135 per Cr (0.00135%)	NSE Rs 110 per crore (0.0011%)
Currency Options	NSE Rs 4400 per Cr (0.044%) (on premium)	NSE Rs 4000 (on premium) per crore (0.040%)
Commodity	Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%)	Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
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Alice Blue Vs SAMCO Leverage (Margin)

Alice Blue 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.

	Alice Blue	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 Alice Blue and SAMCO Features

The trading platforms offered Alice Blue include Front End: ANT | Back End: Omnesys NEST. SAMCO offers OMNESYS NEST, StockNote trading software.

	Alice Blue	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	Front End: ANT | Back End: Omnesys NEST	OMNESYS NEST, StockNote
Intraday Square-off Time	Equity: 3:15PM	3:15 PM
Other Features		Margin Products - CashPlus, StockPlus, and InstaPlus
Referral Program
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Alice Blue Vs SAMCO Review

Alice Blue is rated 3.4 of 5 based on 32 customer reviews whereas SAMCO is rated 3.3 of 5 based on 20 customer reviews.

	Alice Blue	SAMCO
	32 Customer Reviews	20 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Alice Blue is rated 3.4 of 5 based on 32 customer reviews	SAMCO is rated 3.3 of 5 based on 20 customer reviews

Alice Blue Vs SAMCO Investment Options

	Alice Blue	SAMCO
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Alice Blue Vs SAMCO Order Type Offered

	Alice Blue	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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Alice Blue Vs SAMCO Research Report

	Alice Blue	SAMCO
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Alice Blue Vs SAMCO Suitable For Investor Type

	Alice Blue	SAMCO
Casual Investor
Active Investor
Trader

Alice Blue Vs SAMCO - Pros and Cons

	Alice Blue	SAMCO
Pros	Discount stock broker. Most advance trading platform. Free equity delivery trades. No brokerage. Flat Rs 15 brokerage for intraday and F&O.	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	Online Mutual Fund investment is not available. Margin funding is not available. Good Till Cancelled (GTC) orders not available. Call & Trade is available with additional cost of Rs 20 per order.	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	Free Equity Delivery Trade + FREE Account Opening Trade brokerage-free equity delivery (truly no brokerage). Pay flat Rs 15 per trade for Intra-day and F&O. Open FREE Instant Account online with Alice Blue and start trading today.	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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