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Nuvama (Edelweiss) Vs SAMCO (Compare Nuvama (Edelweiss) and SAMCO)

Nuvama Wealth & Investment Limited Logo

About Nuvama (Edelweiss)
Incorporated in 2008, Nuvama Wealth & Investment Limited (formerly Edelweiss Broking Ltd.) is a Mumbai, India-based full-service stockbroking firm. The Retail Broking business of Nuvama offers facilities to invest & trade in all major asset classes: Equity, Debt, Mutual Funds, IPOs, Currency Derivatives, commodities, and Futures & Options. Nuvama offers investment advice backed by research and analysis to its customers across asset classes, trading styles and time horizons. Nuvama has the best... Know more about Nuvama Wealth & Investment Limited

SAMCO Securities Limited Logo

About SAMCO
SAMCO Securities is one of India's leading investment technology companies offering a variety of securities to trade and invest in, such as stocks, Equity Derivatives, Currency Derivatives, Commodities, Mutual Funds, and IPO. Incorporated in 2015, SAMCO is known for its ultra-low brokerage, unique margin products, and free trading software. SAMCO is also popular for offering StockBasket, a tool to invest in an expert-selected basket of stocks selected based on 25+ stock rating parameters. The c... Know more about SAMCO Securities Limited

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Nuvama (Edelweiss) Vs SAMCO

Incorporated in 2002, Nuvama (Edelweiss) is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  Nuvama (Edelweiss) SAMCO
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Year of Incorporation 2002
Number of Branches 237
Open Nuvama (Edelweiss) AccountOpen SAMCO Account

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Nuvama (Edelweiss) Vs SAMCO Charges & AMC

Nuvama (Edelweiss) trading account opening charges is Rs 0 (Free) while SAMCO account opening changes is Rs 0 (Free). Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free) and SAMCO Demat Account AMC Charges is Rs 400.

  Nuvama (Edelweiss) 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 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 500 (1st Year Free) Rs 400

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Nuvama (Edelweiss) Vs SAMCO Brokerage

Nuvama (Edelweiss) brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order whereas SAMCO brokerage charges for equity is Rs 20 per trade or 0.50% (whichever is lower) and intraday is Rs 20 per trade or 0.05% (whichever is lower).

Account Type Nuvama (Edelweiss) Nuvama Lite SAMCO Standard
Fixed Charges NA NA
Equity Delivery Rs 10 per executed order Rs 20 per trade or 0.50% (whichever is lower)
Equity Intraday Rs 10 per executed order Rs 20 per trade or 0.05% (whichever is lower)
Equity Futures Rs 10 per executed order Rs 20 per trade or 0.05% (whichever is lower)
Equity Options Rs 10 per executed order Rs 20 per trade
Currency Futures Rs 10 per executed order Rs 20 per trade or 0.05% (whichever is lower)
Currency Options Rs 10 per executed order Rs 20 per trade
Commodity Futures Rs 20 per trade or 0.05% (whichever is lower)
Commodity Options
Special Offer
Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.
Special Offer: Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today.

Nuvama (Edelweiss) Vs SAMCO Brokerage Plan 2

  Nuvama (Edelweiss) SAMCO
Account Type Nuvama Elite Standard
Fixed Charges NA
Equity Delivery 0.30% Rs 20 per trade or 0.50% (whichever is lower)
Equity Intraday 0.03% Rs 20 per trade or 0.05% (whichever is lower)
Equity Futures 0.03% Rs 20 per trade or 0.05% (whichever is lower)
Equity Options Rs 75 per lot Rs 20 per trade
Currency Futures 0.02% Rs 20 per trade or 0.05% (whichever is lower)
Currency Options Rs 20 per lot Rs 20 per trade
Commodity Futures Rs 20 per trade or 0.05% (whichever is lower)
Commodity Options
Open Nuvama (Edelweiss) AccountOpen SAMCO Account

Nuvama (Edelweiss) Charges Vs SAMCO

Minimum Brokerage 0.03% Equity delivery, 0.01% Intra-day and Futures 0.5% per executed order for Equity Delivery and 0.05% per executed order for other segments
Other Charges Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges Rs 20 per call Rs 20 per executed order

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Nuvama (Edelweiss) Vs SAMCO Transaction Charges

Nuvama (Edelweiss) transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while SAMCO exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 100 per Cr (0.001%) (on premium).

  Nuvama (Edelweiss) SAMCO
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 200 per Cr (0.002%) | BSE Rs 100 per Cr (0.001%)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5300 per Cr (0.053%) | BSE Rs 100 per Cr (0.001%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 3500 per Cr (0.035%) (on premium)
Commodity Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
Open Nuvama (Edelweiss) AccountOpen SAMCO Account

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Nuvama (Edelweiss) Vs SAMCO Leverage (Margin)

Nuvama (Edelweiss) margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SAMCO margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Nuvama (Edelweiss) SAMCO
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Open Nuvama (Edelweiss) AccountOpen SAMCO Account

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Compare Nuvama (Edelweiss) and SAMCO Features

The trading platforms offered Nuvama (Edelweiss) include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress. SAMCO offers Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.

  Nuvama (Edelweiss) SAMCO
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star
Intraday Square-off Time 3:00 PM 3:15 PM
Trading In SME Shares Allowed?
Referral Program Yes
Other Features Margin Products - CashPlus, StockPlus, and BTPT
Open Nuvama (Edelweiss) AccountOpen SAMCO Account

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Nuvama (Edelweiss) Vs SAMCO Review

Nuvama (Edelweiss) is rated 2.9 of 5 based on 76 customer reviews whereas SAMCO is rated 3.2 of 5 based on 26 customer reviews.

  Nuvama (Edelweiss) SAMCO
  76 Customer Reviews    Rate Nuvama (Edelweiss) 26 Customer Reviews    Rate SAMCO
Fees 3.0 3.4
Brokerage 3.1 3.8
Trading Platform 3.4 2.8
Customer Service 2.7 3.2
Research Capabilities 2.9 2.6
Overall Ratings Rated 2.9 stars Rated 3.2 stars
Broker Rating Nuvama (Edelweiss) is rated 2.9 of 5 based on 76 customer reviews SAMCO is rated 3.2 of 5 based on 26 customer reviews

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Contact Broker / Request A Call Back

  Nuvama (Edelweiss) Enquire SAMCO Enquire
Contact Broker Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes. Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today.

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Nuvama (Edelweiss) Vs SAMCO Investment Options

  Nuvama (Edelweiss) SAMCO
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes
Debt Yes No
Other Investment Options

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Nuvama (Edelweiss) Vs SAMCO Order Type Offered

  Nuvama (Edelweiss) SAMCO
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No
Open Nuvama (Edelweiss) AccountOpen SAMCO Account

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Nuvama (Edelweiss) Vs SAMCO Research Report

  Nuvama (Edelweiss) SAMCO
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Nuvama (Edelweiss) Vs SAMCO Suitable For Investor Type

  Nuvama (Edelweiss) SAMCO
Casual Investor
Active Investor Yes
Trader Yes Yes

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Nuvama (Edelweiss) Vs SAMCO - Pros and Cons

  Nuvama (Edelweiss) SAMCO
Pros
  1. Full-service broker offering discount brokerage plan.
  2. Trade at flat Rs 10 per executed order across all segments in Nuvama Lite Plan.
  3. Instant online account opening: Open your Investing & Trading account in less than 15 minutes.
  4. Offer commodity trading on the same trading platform.
  5. Free research and trading tips call to all the customers.
  6. Online IPO application.
  • 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 are available for delivery margin and margin against shares.
  • Samco, a mobile trading app with personalized news, managed alerts, advanced charts, and a watch list with any number of shares.
  • Guest user for mobile app Samco which allows you to check the app even before you become a customer.
  • Advance order types i.e. bracket order and cover order with up to 33 times leverage
  • Free 'NEST Trader' installable trading terminal for frequent traders.
Cons
  1. The bracket orders are not available.
  2. Good Till canceled orders are not available.
  3. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures
  4. Call & Trade is available at an additional cost of Rs 20 per call.
  • 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

Nuvama (Edelweiss) Special Offer

Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only)

  • Flat Rs 10 per trade across all segments.
  • FREE Research and Trading Tips.
  • Margin against share and Margin Funding available.

It is a limited-time offer. Open FREE Nuvama Account online in just 15 Minutes.

SAMCO Special Offer

Free Account Opening + 100% Brokerage Refund for 1st Month + 0 AMC 1st Year

  • Free Account Opening
  • 100% free brokerage for 1st month
  • Free Demat AMC for 1st Year
  • Pay flat Rs 20 for Equity Delivery, Intra-day and F&O Trades.

It is a limited-time offer. Open Instant Account online and start trading the same day.

Open Nuvama (Edelweiss) AccountOpen SAMCO Account

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