Geojit Vs SAMCO (Compare Geojit and SAMCO)


Geojit
Incorporated in 1987, Geojit BNP Paribas (Geojit) is one of the major stock brokers based in India. Geojit is based in Kochi, Kerala and has the strong presence in Gulf. Geojit BNP Paribas is cash equity and derivatives broker with extensive experience in Portfolio Management Services and the distribution of financial products: mutual funds and life insurance. Geojit provides stock trading at NSE and BSE stock exchanges through a strong network of around 500 branches and its state of art onl... Know more about Geojit BNP Paribas


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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Geojit Vs SAMCO

Incorporated in 1987, Geojit is a Full Service Broker. It offers trading at BSE, NSE, MCX-SX. It has 509 branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  Geojit SAMCO
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX-SX BSE, NSE, MCX, NCDEX
Year of Incorporation 1987
Number of Branches 509
Open an Online Trading Account with Geojit.Open an Online Trading Account with SAMCO.
Enquire GeojitEnquire SAMCO
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Geojit Vs SAMCO Charges & AMC

Geojit trading account opening charges is Rs 425 while SAMCO account opening changes is Rs 0 (Free). Geojit Demat Account AMC Charges is Rs 700 and SAMCO Demat Account AMC Charges is Rs 400.

  Geojit SAMCO
Trading Account Opening Charges Rs 425 Rs 0 (Free)
Trading Account AMC Charges NIL Rs 0 (Free)
Demat Account Opening Charges NIL Rs 0 (Free)
Demat Account AMC Charges Rs 700 Rs 400
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Geojit Vs SAMCO Brokerage Charges & Plans

Geojit Vs SAMCO Brokerage

Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas SAMCO brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.

  Geojit SAMCO
Account Type Online Trading Standard
Fixed Charges NA
Equity Delivery 0.30% Rs 20 per executed order
Equity Intraday 0.03% Rs 20 per executed order
Equity Futures 0.03% Rs 20 per executed order
Equity Options Rs 125 per contract Rs 20 per executed order
Currency Futures 0.03% Rs 20 per executed order
Currency Options Rs 125 per contract Rs 20 per executed order
Commodity Futures NA
Commodity Options NA
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

Geojit Charges Vs SAMCO

Minimum Brokerage 1p per share or Rs 20/contract whichever is higher Rs 0
Other Charges
Call & Trade Charges Rs 20 per executed order
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Geojit Vs SAMCO Transaction Charges

Geojit transaction charges for options is Rs 5500 per Cr (0.05%) while SAMCO exchange transaction charges for options is NSE Rs 5000 per crore | BSE Rs 1 per trade (each side).

  Geojit SAMCO
Equity Delivery Rs 325 per Cr (0.00325%) NSE Rs 325 per crore | BSE Rs 1 per trade (each side)
Equity Intraday Rs 325 per Cr (0.00325%) NSE Rs 325 per crore | BSE Rs 1 per trade (each side)
Equity Futures Rs 210 per Cr (0.0021%) NSE Rs 190 per crore | BSE Rs 1 per trade (each side)
Equity Options Rs 5500 per Cr (0.05%) NSE Rs 5000 per crore | BSE Rs 1 per trade (each side)
Currency Futures Rs 145 per Cr (0.00145%) NSE Rs 110 per crore (0.0011%)
Currency Options Rs 4730 per Cr (0.0473%) on premium NSE Rs 4000 (on premium) per crore (0.040%)
Commodity NA Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
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Geojit Vs SAMCO Leverage (Margin)

Geojit 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.

  Geojit 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)
Enquire GeojitEnquire SAMCO
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Compare Geojit and SAMCO Features

The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. SAMCO offers OMNESYS NEST, StockNote trading software.

  Geojit SAMCO
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Selfie Platinum, Selfie Gold, Mobile App OMNESYS NEST, StockNote
Intraday Square-off Time 3:15 PM
Other Features Margin Products - CashPlus, StockPlus, and InstaPlus
Referral Program
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Geojit Vs SAMCO Review

Geojit is rated 3.7 of 5 based on 102 customer reviews whereas SAMCO is rated 3.3 of 5 based on 20 customer reviews.

  Geojit SAMCO
  102 Customer Reviews    Rate Geojit 20 Customer Reviews    Rate SAMCO
Fees 3.6 3.5
Brokerage 3.3 3.9
Trading Platform 4.0 2.8
Customer Service 3.8 3.3
Research Capabilities 3.2 2.6
Overall Ratings Rated 3.7 stars Rated 3.3 stars
Broker Rating Geojit is rated 3.7 of 5 based on 102 customer reviews SAMCO is rated 3.3 of 5 based on 20 customer reviews
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Contact Broker / Request A Call Back

  Geojit 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. Get the offer
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Geojit Vs SAMCO Investment Options

  Geojit SAMCO
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
IPO Yes No
Mutual Funds Yes No
Bond / NCD Yes
Debt Yes No
Other Investment Options Insurance
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Geojit Vs SAMCO Order Type Offered

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

  Geojit SAMCO
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Geojit Vs SAMCO Suitable For Investor Type

  Geojit SAMCO
Casual Investor
Active Investor Yes
Trader Yes
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Geojit Vs SAMCO - Pros and Cons

  Geojit SAMCO
Pros
  • 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 1. Very high Options trading brokerage charges. Geojit charges Rs 125 per contract for Intraday Options and Rs 150 per contract for Options carry forward positions. 2. Geojit charges minimum brokerage of Rs 20 per Contract or 1 paisa per share whichever is higher. 3. Paper contract note by post cost additional Rs 20 per Contract or 5 paisa per share whichever is higher.
  • 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

Enquire GeojitEnquire SAMCO

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