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Finvasia Vs SAMCO (Compare Finvasia and SAMCO)

The side-by-side comparison of Finvasia and SAMCO. Compare Finvasia Vs SAMCO brokerage, charges, exposure margin, demat account. Read SAMCO and Finvasia review.

Find out Finvasia Vs SAMCO which is better and Finvasia Vs SAMCO which is best.

Our Finvasia Securities Pvt Ltd comparison with SAMCO Securities Limited highlights the major differences between two brokers. Find the best between Finvasia and SAMCO.

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Finvasia Vs SAMCO

  Finvasia Securities Pvt Ltd SAMCO Securities Limited
 
Finvasia Securities Pvt Ltd Logo SAMCO Securities Limited Logo
About the Broker 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 manageme... Know more about Finvasia Securities Pvt Ltd 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)... Know more about SAMCO Securities Limited
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Account Type Standard Standard
Broker Enquiry Open an Online Trading Account with Finvasia. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
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Finvasia Vs SAMCO Charges

  Finvasia Securities Pvt Ltd SAMCO Securities Limited
Trading Account Opening Fees ₹0 (Free) ₹0
Trading Account AMC ₹0 (Free) ₹0
Demat Account Opening Fees ₹0 (Free) ₹0
Demat Account AMC ₹0 per year (Lifetime Zero AMC) ₹400
Demat Account is Mandatory? No No
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Finvasia Vs SAMCO Brokerage

Brokerage Plan 1

  Finvasia Securities Pvt Ltd SAMCO Securities Limited
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

Other Charges

Minimum Brokerage Charges ₹0 ₹0
Other Brokerage Charges None
Call & Trade Charges ₹0 ₹20 per executed order
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Finvasia Vs SAMCO Taxes

  Finvasia Securities Pvt Ltd SAMCO Securities Limited
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Finvasia Vs SAMCO Transaction Charges

  Finvasia Securities Pvt Ltd SAMCO Securities Limited
Equity Delivery ₹325/crore NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Intraday ₹325/crore NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Futures ₹190/crore NSE ₹190 per crore | BSE ₹1 per trade (each side)
Equity Options ₹5000/crore of premium NSE ₹5000 per crore | BSE ₹1 per trade (each side)
Currency Futures ₹115/crore NSE ₹110 per crore (0.0011%)
Currency Options ₹4000/crore of premium NSE ₹4000 (on premium) per crore (0.040%)
Commodity ₹260/crore Non-Agri ₹260 (0.0026%) | Agri ₹175 per Crore
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Finvasia Vs SAMCO Exposure Margin

  Finvasia Securities Pvt Ltd SAMCO Securities Limited
Equity Delivery 1x 1x (no margin)
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 2x Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
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Finvasia and SAMCO Feature Comparison

  Finvasia Securities Pvt Ltd SAMCO Securities Limited
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)
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 Securities Pvt Ltd SAMCO Securities Limited
  9 Customer Reviews    Rate Finvasia 11 Customer Reviews    Rate SAMCO
Fees Ratings 4.4 3.5
Trading Brokerage Rating 4.8 4.1
Trading Platform Usability 3.0 2.8
Customer Service Ratings 4.7 3.7
Overall Ratings Rated 4.7 stars Rated 3.7 stars
Broker Rating Finvasia is Rated 4.7 / 5 based on 9 customer reviews SAMCO is Rated 3.7 / 5 based on 11 customer reviews
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Contact Broker / Request A Call Back

  Finvasia Securities Pvt Ltd SAMCO Securities Limited
Contact / Request Call Back
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Finvasia Vs SAMCO Investment Options

  Finvasia Securities Pvt Ltd SAMCO Securities Limited
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 Customer Service

  Finvasia Securities Pvt Ltd SAMCO Securities Limited
24/7 Customer Service No No
Onine Live Chat Yes No
Through Branches No No
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Finvasia Vs SAMCO Order Type Offered

  Finvasia Securities Pvt Ltd SAMCO Securities Limited
Bracket Order Yes
Cover Order Yes
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No
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Finvasia Vs SAMCO Research Report

  Finvasia Securities Pvt Ltd SAMCO Securities Limited
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 Securities Pvt Ltd SAMCO Securities Limited
Casual Investor
Active Investor Yes
Trader Yes Yes
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Finvasia Vs SAMCO - Advantages and Disadvantages

  Finvasia Securities Pvt Ltd SAMCO Securities Limited
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.

More Advantages...

  • 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.

More Advantages...

Cons
  • Finvasia is an online stock broker. Except for Chandigarh, it doesn't have branch offices, partner office or franchises.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding. The company is planning to launch this service in future.
  • Leverage offered is on the lower side in comparison with other discount brokers.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.

More Disadvantages...

  • No branch offices.
  • Mutual Fund investment is now available.
  • Online IPO applications are not available.
  • Additional charges for broker assisted traders (Call & Trade).

More Disadvantages...

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.

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