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Finvasia Vs SAMCO (Compare Finvasia and SAMCO)

Finvasia
Finvasia is India based technology-driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset management, investment banking, advisory, and currency hedging. Finvasia cater to retail, institutional and foreign customers. Honest Pricing. Leading-edge Platform. Exceptional Service. Finvasia Founders Finvasia Securities is based in Chandigarh, In...

SAMCO
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) through CDSL. Incorporated in 2015, SAMCO is among the lowest-cost broker in India. SAMCO is popular for its ultra-low brokerage, margin products, higher exposure and free trading software. Customer who moves from traditional brokers like ICICI Dir...

Finvasia Vs SAMCO

Incorporated in 2013, Finvasia is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

	Finvasia	SAMCO
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX, NCDEX
Year of Incorporation	2013
Number of Branches	1

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Finvasia Vs SAMCO Charges & AMC

Finvasia trading account opening charges is Rs 0 (Free) while SAMCO account opening changes is Rs 0 (Free). Finvasia Demat Account AMC Charges is Rs 0 per year (Lifetime Zero AMC) and SAMCO Demat Account AMC Charges is Rs 400.

	Finvasia	SAMCO
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 0 per year (Lifetime Zero AMC)	Rs 400

Finvasia Vs SAMCO Brokerage Charges & Plans

Finvasia Vs SAMCO Brokerage

Finvasia brokerage charges for equity is Rs 0 and intraday is Rs 0 whereas SAMCO brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.

	Finvasia	SAMCO
Account Type	Standard	Standard
Fixed Charges	NA	NA
Equity Delivery	Rs 0	Rs 20 per executed order
Equity Intraday	Rs 0	Rs 20 per executed order
Equity Futures	Rs 0	Rs 20 per executed order
Equity Options	Rs 0	Rs 20 per executed order
Currency Futures	Rs 0	Rs 20 per executed order
Currency Options	Rs 0	Rs 20 per executed order
Commodity Futures	Rs 0
Commodity Options	Rs 0
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

Finvasia Charges Vs SAMCO

Minimum Brokerage	Rs 0	Rs 0
Other Charges	Bracket Orders in NEST: Rs 99 per month
Call & Trade Charges	Rs 0	Rs 20 per executed order

Finvasia Vs SAMCO Transaction Charges

Finvasia 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).

	Finvasia	SAMCO
Equity Delivery	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 325 per Cr (0.00325%) (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 325 per Cr (0.00325%) (each side)	NSE Rs 325 per crore \| BSE Rs 1 per trade (each side)
Equity Futures	NSE Rs 190 per Cr (0.0019%) \| BSE Rs 190 per Cr (0.0019%) (each side)	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 115 per Cr (0.00115%)	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	Rs 260 per Cr (0.0026%)	Non-Agri Rs 260 (0.0026%) \| Agri Rs 175 per Crore
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Finvasia Vs SAMCO Leverage (Margin)

Finvasia 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.

	Finvasia	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 Finvasia and SAMCO Features

The trading platforms offered Finvasia include Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto. SAMCO offers OMNESYS NEST, StockNote trading software.

	Finvasia	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	Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto	OMNESYS NEST, StockNote
Intraday Square-off Time	3:15 PM	3:15 PM
Other Features	Asset management, Investment Banking, Advisory, and Currency hedging.	Margin Products - CashPlus, StockPlus, and InstaPlus
Referral Program
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Finvasia Vs SAMCO Review

Finvasia is rated 4.6 of 5 based on 40 customer reviews whereas SAMCO is rated 3.3 of 5 based on 20 customer reviews.

	Finvasia	SAMCO
	40 Customer Reviews	20 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Finvasia is rated 4.6 of 5 based on 40 customer reviews	SAMCO is rated 3.3 of 5 based on 20 customer reviews

Contact Broker / Request A Call Back

	Finvasia Enquire	SAMCO Enquire
Contact Broker	Leave your contact information and we will get in touch with you.... Name Phone # Email City Name State Are you a day trader?	Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Get the offer Name Phone # Email City Name State Are you a day trader?

Finvasia Vs SAMCO Investment Options

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

Finvasia Vs SAMCO Order Type Offered

	Finvasia	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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Finvasia Vs SAMCO Research Report

	Finvasia	SAMCO
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Finvasia Vs SAMCO Suitable For Investor Type

	Finvasia	SAMCO
Casual Investor
Active Investor
Trader

Finvasia Vs SAMCO - Pros and Cons

	Finvasia	SAMCO
Pros	Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform. Doesn't charge any trade clearing charges. A variety of trading platforms are available for the trader to choose from. Provides trading API and support Algo trading tools. Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients. Call & trade is available for free to all the customers. GTC orders are available in MCX.	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	Scalpter, the web-based trading platform has only 1 min charting frame. Bracket orders are chargeable. NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees. GTC orders are not available at NSE and BSE. Finvasia is an online stock broker. It doesn't have branch offices. Doesn't offer a 3-in-1 account. Doesn't offer margin funding. Leverage offered is on the lower side in comparison with other discount brokers.	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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Compare More Brokers...

Finvasia	SAMCO
Finvasia Vs Zerodha Finvasia Vs ICICI Direct Finvasia Vs HDFC Securities Finvasia Vs Sharekhan Finvasia Vs AxisDirect Finvasia Vs Angel Broking Finvasia Vs Kotak Securities Finvasia Vs Motilal Oswal Finvasia Vs Dhani Stocks Finvasia Vs Stoxkart Finvasia Vs Groww Finvasia Vs IIFL Securities Finvasia Vs SBI Securities Finvasia Vs Geojit Finvasia Vs Religare Finvasia Vs Edelweiss Finvasia Vs SMC Global Finvasia Vs Nirmal Bang Finvasia Vs 5paisa Finvasia Vs Ventura Finvasia Vs Upstox Finvasia Vs Anand Rathi Finvasia Vs Master Trust Finvasia Vs Indiabulls Finvasia Vs Aditya Birla Money Finvasia Vs Bonanza Finvasia Vs TradingBells Finvasia Vs IDBI Capital Finvasia Vs TradeSmart Finvasia Vs SAS Online Finvasia Vs iTradeOnline Finvasia Vs RK Global Finvasia Vs Tradeplus Finvasia Vs Tradejini Finvasia Vs Alice Blue Finvasia Vs Wisdom Capital Finvasia Vs Fyers Finvasia Vs Prostocks Finvasia Vs RMoney Finvasia Vs Beeline Finvasia Vs Just Trade Finvasia Vs Achiievers Finvasia Vs Trustline Finvasia Vs Choice Broking Finvasia Vs GCL Securities Finvasia Vs Yes Securities Finvasia Vs Indira Securities Finvasia Vs Paytm Money	SAMCO Vs Zerodha SAMCO Vs ICICI Direct SAMCO Vs HDFC Securities SAMCO Vs Sharekhan SAMCO Vs AxisDirect SAMCO Vs Angel Broking SAMCO Vs Kotak Securities SAMCO Vs Motilal Oswal SAMCO Vs Dhani Stocks SAMCO Vs Stoxkart SAMCO Vs Groww SAMCO Vs IIFL Securities SAMCO Vs SBI Securities SAMCO Vs Geojit SAMCO Vs Religare SAMCO Vs Edelweiss SAMCO Vs SMC Global SAMCO Vs Nirmal Bang SAMCO Vs 5paisa SAMCO Vs Ventura SAMCO Vs Upstox SAMCO Vs Anand Rathi SAMCO Vs Master Trust SAMCO Vs Indiabulls SAMCO Vs Aditya Birla Money SAMCO Vs Bonanza SAMCO Vs TradingBells SAMCO Vs IDBI Capital SAMCO Vs TradeSmart SAMCO Vs SAS Online SAMCO Vs iTradeOnline SAMCO Vs RK Global SAMCO Vs Tradeplus SAMCO Vs Tradejini SAMCO Vs Alice Blue SAMCO Vs Wisdom Capital SAMCO Vs Fyers SAMCO Vs Prostocks SAMCO Vs RMoney SAMCO Vs Beeline SAMCO Vs Just Trade SAMCO Vs Achiievers SAMCO Vs Trustline SAMCO Vs Choice Broking SAMCO Vs GCL Securities SAMCO Vs Yes Securities SAMCO Vs Indira Securities SAMCO Vs Paytm Money

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