Zerodha
Upstox
Edelweiss
5Paisa
Paytm Money
GCL Sec
IIFL Securities
Sharekhan
Choice Broking
Groww
Angel Broking
ICICI Direct
HDFC Sec
SBI Capital
Axis Direct
Kotak Sec
ProStocks
TradeSmart
Fyers
Alice Blue
Tradeplus
SAS Online
The side-by-side comparison of Karvy and SAMCO. Compare Karvy Vs SAMCO brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Karvy vs SAMCO?
Karvy
Alert! 25th Nov 2020 - NSE, BSE terminate Karvy's membership.
Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail.
Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.
Karvy Customers,
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...
Incorporated in 1985, Karvy is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 575 branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.
| Karvy | SAMCO | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Supported Exchnages | BSE, NSE, MCX | BSE, NSE, MCX, NCDEX |
| Account Type | Retail Brokerage Plan | Standard |
| Year of Incorporation | 1985 | |
| Number of Branches | 575 | |
| Broker Enquiry |
|
Karvy trading account opening charges is Rs 650 while SAMCO account opening changes is Rs 0. Karvy Demat Account AMC Charges is Rs 420 and SAMCO Demat Account AMC Charges is Rs 400.
| Karvy | SAMCO | |
|---|---|---|
| Trading Account Opening Charges | Rs 650 | Rs 0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 |
| Demat Account AMC Charges | Rs 420 | Rs 400 |
Karvy brokerage charges for equity is 0.3% 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.
| Karvy | SAMCO | |
|---|---|---|
| Account Type | Retail Brokerage Plan | Standard |
| Fixed Charges | NA | |
| Equity Delivery Brokerage | 0.3% | Rs 20 per executed order |
| Equity Intraday Brokerage | 0.03% | Rs 20 per executed order |
| Equity Futures Brokerage | 0.03% | Rs 20 per executed order |
| Equity Options Brokerage | Rs 30 per lot | Rs 20 per executed order |
| Currency Futures Trading Brokerage | 0.03% | Rs 20 per executed order |
| Currency Options Trading Brokerage | Rs 30 per lot | Rs 20 per executed order |
| Commodity Futures Trading Brokerage | 0.03% | |
| Commodity Options Trading Brokerage | Rs 30 per lot | |
| 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 |
| Karvy | SAMCO | |
|---|---|---|
| Account Type | Premium Subscription Plan of 100000 | Standard |
| Fixed Charges | Rs 100,000 per year | NA |
| Equity Delivery Brokerage | 0.1% | Rs 20 per executed order |
| Equity Intraday Brokerage | 0.01% | Rs 20 per executed order |
| Equity Futures Brokerage | 0.01% | Rs 20 per executed order |
| Equity Options Brokerage | Rs 10 per lot | Rs 20 per executed order |
| Currency Futures Trading Brokerage | 0.01% | Rs 20 per executed order |
| Currency Options Trading Brokerage | Rs 10 per lot | Rs 20 per executed order |
| Commodity Futures Trading Brokerage | 0.01% | |
| Commodity Options Trading Brokerage | Rs 10 per lot |
| Minimum Brokerage Charges | Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher | Rs 0 |
| Other Brokerage Charges | ||
| Call & Trade Charges | Rs 20 per executed order |
Karvy transaction charges for options is Rs 5500 while SAMCO exchange transaction charges for options is NSE Rs 5000 per crore | BSE Rs 1 per trade (each side).
| Karvy | SAMCO | |
|---|---|---|
| Equity Delivery | Rs 325 | NSE Rs 325 per crore | BSE Rs 1 per trade (each side) |
| Equity Intraday | Rs 325 | NSE Rs 325 per crore | BSE Rs 1 per trade (each side) |
| Equity Futures | Rs 230 | NSE Rs 190 per crore | BSE Rs 1 per trade (each side) |
| Equity Options | Rs 5500 | NSE Rs 5000 per crore | BSE Rs 1 per trade (each side) |
| Currency Futures | Rs 325 | NSE Rs 110 per crore (0.0011%) |
| Currency Options | NSE Rs 4000 (on premium) per crore (0.040%) | |
| Commodity | Rs 300 | Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore |
Karvy provides the margin of Upto 20x for intraday trades whereas the SAMCO margin for intraday cash is Normal Orders: 3x to 15x | CO & BO: Up to 33x.
| Karvy | SAMCO | |
|---|---|---|
| Equity Delivery | Upto 5x with 24% interest per year | Up to 4x |
| Equity Intraday | Upto 20x | Normal Orders: 3x to 15x | CO & BO: Up to 33x |
| Equity Futures | Upto 4x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Equity Options | Upto 4x for shorting | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Futures | Nil | Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Options | Nil | Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Commodity Futures | Upto 4x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
| Commodity Options |
The trading platforms offered Karvy include NEST, Karvy Web, Trade Mobile. SAMCO offers OMNESYS NEST, StockNote trading software.
| Karvy | 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 | NEST, Karvy Web, Trade Mobile | OMNESYS NEST, StockNote |
| Intraday Square-off Time | 3:15 | 3:15 PM |
| Other Features | Ask the expert, The Finapolis | Margin Products - CashPlus, StockPlus, and InstaPlus |
| Referral Program |
Karvy is rated 2.0 of 5 based on 24 customer reviews whereas SAMCO is rated 3.5 of 5 based on 17 customer reviews.
| Karvy | SAMCO | |
|---|---|---|
24 Customer Reviews  |
17 Customer Reviews |
|
| Fees |  |
 |
| Trading Brokerage |  |
 |
| Trading Platform Usability |  |
 |
| Customer Service |  |
 |
| Research Capabilities |  |
|
| Overall Ratings |  |
|
| Broker Rating | Karvy is rated 2.0 of 5 based on 24 customer reviews | SAMCO is rated 3.5 of 5 based on 17 customer reviews |
| Karvy Enquire | SAMCO Enquire | |
|---|---|---|
| Contact Broker |
| Karvy | SAMCO | |
|---|---|---|
| Stock / Equity | |
|
| Commodity | |
|
| Currency | |
|
| Initial Public Offers (IPO) | |
|
| Mutual Funds | |
|
| Bond / NCD | |
|
| Debt | |
|
| Other Investment Options |
| Karvy | SAMCO | |
|---|---|---|
| Bracket Order | ||
| Cover Order | ||
| Buy Today Sell Tomorrow (BTST) | ||
| Sell Today Buy Tomorrow (STBT) | ||
| After Market Order(AMO) | ||
| Good Till Cancelled (GTC) |
| Karvy | SAMCO | |
|---|---|---|
| Daily Market Report | |
|
| Free Tips | |
|
| Quarterly Result Analysis | |
|
| News Alerts | |
|
| Karvy | SAMCO | |
|---|---|---|
| Casual Investor | |
|
| Active Investor | ||
| Trader | |
| Karvy | SAMCO | |
|---|---|---|
| Pros |
|
|
| Cons |
|
|
| Reviews | ||
| Promo / Offers | SAMCO has 2 limited time special offers running at this time.
|
Compare Share Broker in India
Download Mobile App
Our Websites
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
Zerodha (₹20/trade) Edelweiss (₹10/trade) Upstox (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Reviews (Full-service)
ICICI Direct Motilal Oswal HDFC Sec Sharekhan IIFL Securities More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading Homepage
Options Overview
Benefits & Risks of Options
Options Pricing
Options Trading FAQs
Options Trading Glossary
Broker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI Homepage
Best NRI Trading Account
Best NRI 3-in-1 Account
Top 10 Discount Brokers
Top 10 Full-Service Brokers
NRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc