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Finvasia Vs SAMCO (Compare Finvasia and SAMCO)

Finvasia Securities Pvt Ltd Logo

About 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... Know more about Finvasia Securities Pvt Ltd

SAMCO Securities Limited Logo

About SAMCO
SAMCO Securities is a Mumbai-based online discount broking firm offering to trade and invest online in stocks, Equity Derivatives, Currency Derivatives, Commodity, 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 customers who move from traditional brok... Know more about SAMCO Securities Limited

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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
Enquire FinvasiaOpen SAMCO Account

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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

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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 trade or 0.20% (whichever is lower) and intraday is Rs 20 per trade or 0.02% (whichever is lower).

Account Type Finvasia Standard SAMCO Standard
Fixed Charges NA NA
Equity Delivery Rs 0 Rs 20 per trade or 0.20% (whichever is lower)
Equity Intraday Rs 0 Rs 20 per trade or 0.02% (whichever is lower)
Equity Futures Rs 0 Rs 20 per trade or 0.02% (whichever is lower)
Equity Options Rs 0 Rs 20 per trade or 0.02% (whichever is lower)
Currency Futures Rs 0 Rs 20 per trade or 0.02% (whichever is lower)
Currency Options Rs 0 Rs 20 per trade or 0.02% (whichever is lower)
Commodity Futures Rs 0 Rs 20 per trade or 0.02% (whichever is lower)
Commodity Options Rs 0 Rs 20 per trade or 0.02% (whichever is lower)
Special Offer
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.

Finvasia Charges Vs SAMCO

Minimum Brokerage Rs 0 0.2% per executed order for Equity Delivery and 0.02% per executed order for all other segments
Other Charges Bracket Orders in NEST: Rs 99 per month
Call & Trade Charges Rs 0 Rs 20 per executed order

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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 5,300 per crore (0.053%) on Premium | BSE Rs 1 per trade.

  Finvasia SAMCO
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side) NSE Rs 345 per crore (0.00345%) | BSE Rs 345 per crore (0.00345%)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side) NSE Rs 345 per crore (0.00345%) | BSE Rs 345 per crore (0.00345%)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side) NSE Rs 200 per crore (0.0020%) | BSE Rs 1 per trade
Equity Options Rs 5000 per Cr (0.05%) (on premium) NSE Rs 5,300 per crore (0.053%) on Premium | BSE Rs 1 per trade
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 4,000 per crore (0.040%) on Premium Value
Commodity Rs 260 per Cr (0.0026%) Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
Enquire FinvasiaOpen SAMCO Account

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Finvasia Vs SAMCO Leverage (Margin)

Finvasia 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.

  Finvasia 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)
Enquire FinvasiaOpen SAMCO Account

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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 StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.

  Finvasia SAMCO
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) No Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star
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 BTPT
Referral Program Yes
Enquire FinvasiaOpen SAMCO Account

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Finvasia Vs SAMCO Review

Finvasia is rated 4.5 of 5 based on 49 customer reviews whereas SAMCO is rated 3.1 of 5 based on 22 customer reviews.

  Finvasia SAMCO
  49 Customer Reviews    Rate Finvasia 22 Customer Reviews    Rate SAMCO
Fees 4.8 3.4
Brokerage 4.9 3.8
Trading Platform 3.6 2.6
Customer Service 4.3 3.0
Research Capabilities 2.8 2.3
Overall Ratings Rated 4.5 stars Rated 3.1 stars
Broker Rating Finvasia is rated 4.5 of 5 based on 49 customer reviews SAMCO is rated 3.1 of 5 based on 22 customer reviews

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Contact Broker / Request A Call Back

  Finvasia Enquire SAMCO Enquire
Contact Broker Leave your contact information and we will get in touch with you....
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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Finvasia Vs SAMCO Investment Options

  Finvasia SAMCO
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD No
Debt No No
Other Investment Options

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Finvasia Vs SAMCO Order Type Offered

  Finvasia SAMCO
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No
Enquire FinvasiaOpen SAMCO Account

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Finvasia Vs SAMCO Research Report

  Finvasia SAMCO
Daily Market Report Yes No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No

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Finvasia Vs SAMCO Suitable For Investor Type

  Finvasia SAMCO
Casual Investor
Active Investor Yes
Trader Yes Yes

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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

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.

Enquire FinvasiaOpen SAMCO Account

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