Indiabulls Vs SAMCO (Compare Indiabulls and SAMCO)
The side-by-side comparison of Indiabulls and SAMCO. Compare Indiabulls Vs SAMCO brokerage, charges, exposure margin, demat account. Read SAMCO and Indiabulls review.
Find out Indiabulls Vs SAMCO which is better and Indiabulls Vs SAMCO which is best.
Our Indiabulls Ventures Limited comparison with SAMCO Securities Limited highlights the major differences between two brokers. Find the best between Indiabulls and SAMCO.
Indiabulls Vs SAMCO
Indiabulls
SAMCO
Find more info about broker
About the Broker
Indiabulls Shubh is a discount stock broker offering ultra-low brokerage plans. Indiabulls is among the best stock broker in India with offering including unlimited trading plans, free trading platforms, free call & trade, free research and zero ...
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)...
Type of Broker
Discount Broker
Discount Broker
Supported Exchnage
BSE, NSE and MCX
BSE, NSE, MCX, NCDEX
Account Type
Equity Unlimited Trade
Standard
Broker Enquiry
Year of Incorporation
2000
Number of Branches
18
Enquire Indiabulls
Enquire SAMCO
Indiabulls Vs SAMCO Charges
Indiabulls
SAMCO
Trading Account Opening Fees
₹500
₹0
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹0
₹0
Demat Account AMC
₹450
₹400
Demat Account is Mandatory?
No
No
Indiabulls Vs SAMCO Brokerage
Brokerage Plan 2
Indiabulls
SAMCO
Account Type
F&O Unlimited Trade
Standard
Fixed Charges
₹1000
NA
Equity Delivery Brokerage
₹15 per trade
₹20 per executed order
Equity Intraday Brokerage
₹15 per trade
₹20 per executed order
Equity Futures Brokerage
₹0 (Free)
₹20 per executed order
Equity Options Brokerage
₹0 (Free)
₹20 per executed order
Currency Futures Trading Brokerage
₹0 (Free)
₹20 per executed order
Currency Options Trading Brokerage
₹0 (Free)
₹20 per executed order
Commodity Futures Trading Brokerage
0.03%
Commodity Options Trading Brokerage
0.03%
Brokerage Plan 3
Indiabulls
SAMCO
Account Type
Base Plan
Standard
Fixed Charges
NA
NA
Equity Delivery Brokerage
₹0 (Free)
₹20 per executed order
Equity Intraday Brokerage
₹15 per executed order
₹20 per executed order
Equity Futures Brokerage
₹15 per executed order
₹20 per executed order
Equity Options Brokerage
₹15 per executed order
₹20 per executed order
Currency Futures Trading Brokerage
₹15 per executed order
₹20 per executed order
Currency Options Trading Brokerage
₹15 per executed order
₹20 per executed order
Commodity Futures Trading Brokerage
0.03%
Commodity Options Trading Brokerage
0.03%
Other Charges
Minimum Brokerage Charges
₹0 (Unlimited Plan), ₹15 (Per Trade Plan)
₹0
Other Brokerage Charges
Call & Trade Charges
₹0 (Free)
₹20 per executed order
Indiabulls Vs SAMCO Taxes
Indiabulls
SAMCO
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Indiabulls Vs SAMCO Transaction Charges
Indiabulls
SAMCO
Equity Delivery
₹325 per crore (0.00325%)
NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Intraday
₹325 per crore (0.00325%)
NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Futures
₹250 per crore (0.0025%)
NSE ₹190 per crore | BSE ₹1 per trade (each side)
Equity Options
₹5500 per crore (on premium) (0.055%)
NSE ₹5000 per crore | BSE ₹1 per trade (each side)
Currency Futures
₹250 per crore (0.0025%)
NSE ₹110 per crore (0.0011%)
Currency Options
₹5500 per crore (on premium) (0.055%)
NSE ₹4000 (on premium) per crore (0.040%)
Commodity
Non-Agri ₹260 (0.0026%) | Agri ₹175 per Crore
Indiabulls Vs SAMCO Exposure Margin
Indiabulls
SAMCO
Equity Delivery
1x (no margin)
Up to 4x
Equity Intraday
Up to 5x (based on the stock)
Normal Orders: 3x to 15x | CO & BO: Up to 33x
Equity Futures
Intra-day: 4x | Carry forward: 1x (no margin)
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options
Intra-day: 4x | Carry forward: 1x
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures
Intra-day: 2x | Carry forward: 1x
Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options
Intra-day: 2x | Carry forward: 1x
Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures
NA
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Commodity Options
NA
Indiabulls and SAMCO Feature Comparison
Indiabulls
SAMCO
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB)
OMNESYS NEST, StockNote
Intraday Square-off Time
3:15 PM
Other Features
Live News, World market summary
Margin Products - CashPlus, StockPlus, and InstaPlus
Referral Program
Indiabulls Vs SAMCO Review
Indiabulls
SAMCO
45 Customer Reviews
13 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Indiabulls is Rated 3.2 / 5 based on 45 customer reviews SAMCO is Rated 3.6 / 5 based on 13 customer reviews
Indiabulls Vs SAMCO Investment Options
Indiabulls
SAMCO
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Indiabulls Vs SAMCO Customer Service
Indiabulls
SAMCO
24/7 Customer Service
Onine Live Chat
Through Branches
Indiabulls Vs SAMCO Order Type Offered
Indiabulls
SAMCO
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Indiabulls Vs SAMCO Research Report
Indiabulls
SAMCO
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Indiabulls Vs SAMCO Suitable For Investor Type
Indiabulls
SAMCO
Casual Investor
Active Investor
Trader
Indiabulls Vs SAMCO - Advantages and Disadvantages
Indiabulls
SAMCO
Pros
Brokerages free equity delivery trading. Truly no brokerage charges for cash & carry trades.
Interest-free Margin Funding in Unlimited Trading plan.
Margin funding is available at a low cost of 12% per annum in ₹15/trade plan.
Free trading software.
Free research reports and trading tips to all the customers.
Years of experience, trust and good track record in stock broker business.
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
Online IPO and Mutual Fund investment are not available in Indiabulls Shubh App.
Local branch support is not available to online customers.
Advance order types i.e. Bracket Order, Cover Order are not available in monthly unlimited trading plans.
Margin against share is not available in Unlimited Trading Plans.
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
Limited Time Offer - FREE Unlimited Trading for 1st Month (₹1000 waived) Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at ₹1000/month or Trade at flat ₹15 per executed order.
Get this limited time offer 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
Zerodha
Zero Account Opening Fee