Finvasia Vs SAMCO (Compare Finvasia and SAMCO)

The side-by-side comparison of Finvasia and SAMCO. Compare Finvasia Vs SAMCO brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Finvasia vs 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... Know more about Finvasia Securities Pvt Ltd


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... 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
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Account Type Standard Standard
Year of Incorporation 2013
Number of Branches 1
Broker Enquiry Open an Online Trading Account with Finvasia. Leave your contact info and we will get in touch with you. Open an Online Trading Account with SAMCO. Leave your contact info and we will get in touch with you.
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Finvasia Vs SAMCO Charges & AMC

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

  Finvasia SAMCO
Trading Account Opening Charges ₹0 (Free) ₹0
Trading Account AMC Charges ₹0 (Free) ₹0
Demat Account Opening Charges ₹0 (Free) ₹0
Demat Account AMC Charges ₹0 per year (Lifetime Zero AMC) ₹400
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Finvasia Vs SAMCO Brokerage Charges & Plans

Finvasia Vs SAMCO Brokerage

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

  Finvasia SAMCO
Account Type Standard Standard
Fixed Charges NA
Equity Delivery Brokerage ₹0 ₹20 per executed order
Equity Intraday Brokerage ₹0 ₹20 per executed order
Equity Futures Brokerage ₹0 ₹20 per executed order
Equity Options Brokerage ₹0 ₹20 per executed order
Currency Futures Trading Brokerage ₹0 ₹20 per executed order
Currency Options Trading Brokerage ₹0 ₹20 per executed order
Commodity Futures Trading Brokerage ₹0
Commodity Options Trading Brokerage ₹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 Charges ₹0 ₹0
Other Brokerage Charges Bracket Orders in NEST: ₹99 per month
Call & Trade Charges ₹0 ₹20 per executed order
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Finvasia Vs SAMCO Transaction Charges

Finvasia transaction charges for options is ₹5000 per Cr (0.05%) (on premium) while SAMCO exchange transaction charges for options is NSE ₹5000 per crore | BSE ₹1 per trade (each side).

  Finvasia SAMCO
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side) NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side) NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Futures NSE ₹190 per Cr (0.0019%) | BSE ₹190 per Cr (0.0019%) (each side) 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 ₹115 per Cr (0.00115%) NSE ₹110 per crore (0.0011%)
Currency Options ₹4000 per Cr (0.04%) (on premium) NSE ₹4000 (on premium) per crore (0.040%)
Commodity ₹260 per Cr (0.0026%) Non-Agri ₹260 (0.0026%) | Agri ₹175 per Crore
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Finvasia Vs SAMCO Leverage (Margin)

Finvasia provides the margin of up to 10x for intraday trades whereas the SAMCO margin for intraday cash is Normal Orders: 3x to 15x | CO & BO: Up to 33x.

  Finvasia SAMCO
Equity Delivery 1x Up to 4x
Equity Intraday up to 10x Normal Orders: 3x to 15x | CO & BO: Up to 33x
Equity Futures 2x Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options 1x Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures 1x Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options 1x Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures 2x Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Commodity Options 1x
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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 No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
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 4.4 of 5 based on 26 customer reviews whereas SAMCO is rated 3.5 of 5 based on 15 customer reviews.

  Finvasia SAMCO
  26 Customer Reviews    Rate Finvasia 15 Customer Reviews    Rate SAMCO
Fees 4.7 3.6
Trading Brokerage 4.9 4.0
Trading Platform Usability 3.3 2.8
Customer Service 4.5 3.5
Research Capabilities 2.5 3.3
Overall Ratings Rated 4.4 stars Rated 3.5 stars
Broker Rating Finvasia is rated 4.4 of 5 based on 26 customer reviews SAMCO is rated 3.5 of 5 based on 15 customer reviews
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Contact Broker / Request A Call Back

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Contact Broker

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Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Get the offer

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Finvasia Vs SAMCO Investment Options

  Finvasia SAMCO
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD No
Debt No No
Other Investment Options
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Finvasia Vs SAMCO Order Type Offered

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

  1. 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.

  2. 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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