Karvy Vs SAMCO (Compare Karvy and SAMCO)

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! 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,

Need Help Moving to Another Broker?

Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services. They offer Customized investment solutions to corporate, institutions and individual investors through its wide network of offices. Using their combine account facility one can trade in Equities, Derivatives, Currency or invest in IPOs, Mutual funds or NCDs under one roof. Based in Hyderabad they are among one ... Know more about Karvy Stock Broking 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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Karvy Vs SAMCO

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 Open an Online Trading Account with SAMCO. Leave your contact info and we will get in touch with you.
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Karvy Vs SAMCO Charges & AMC

Karvy trading account opening charges is ₹650 while SAMCO account opening changes is ₹0. Karvy Demat Account AMC Charges is ₹420 and SAMCO Demat Account AMC Charges is ₹400.

  Karvy SAMCO
Trading Account Opening Charges ₹650 ₹0
Trading Account AMC Charges ₹0 ₹0
Demat Account Opening Charges ₹0 ₹0
Demat Account AMC Charges ₹420 ₹400
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Karvy Vs SAMCO Brokerage Charges & Plans

Karvy Vs SAMCO Brokerage

Karvy brokerage charges for equity is 0.3% and intraday is 0.03% whereas SAMCO brokerage charges for equity is ₹20 per executed order and intraday is ₹20 per executed order.

  Karvy SAMCO
Account Type Retail Brokerage Plan Standard
Fixed Charges
Equity Delivery Brokerage 0.3% ₹20 per executed order
Equity Intraday Brokerage 0.03% ₹20 per executed order
Equity Futures Brokerage 0.03% ₹20 per executed order
Equity Options Brokerage ₹30 per lot ₹20 per executed order
Currency Futures Trading Brokerage 0.03% ₹20 per executed order
Currency Options Trading Brokerage ₹30 per lot ₹20 per executed order
Commodity Futures Trading Brokerage 0.03%
Commodity Options Trading Brokerage ₹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 Vs SAMCO Brokerage Plan 2

  Karvy SAMCO
Account Type Premium Subscription Plan of 100000 Standard
Fixed Charges ₹100,000 per year NA
Equity Delivery Brokerage 0.1% ₹20 per executed order
Equity Intraday Brokerage 0.01% ₹20 per executed order
Equity Futures Brokerage 0.01% ₹20 per executed order
Equity Options Brokerage ₹10 per lot ₹20 per executed order
Currency Futures Trading Brokerage 0.01% ₹20 per executed order
Currency Options Trading Brokerage ₹10 per lot ₹20 per executed order
Commodity Futures Trading Brokerage 0.01%
Commodity Options Trading Brokerage ₹10 per lot

Karvy Charges Vs SAMCO

Minimum Brokerage Charges Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher ₹0
Other Brokerage Charges
Call & Trade Charges ₹20 per executed order
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Karvy Vs SAMCO Transaction Charges

Karvy transaction charges for options is ₹5500 while SAMCO exchange transaction charges for options is NSE ₹5000 per crore | BSE ₹1 per trade (each side).

  Karvy SAMCO
Equity Delivery ₹325 NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Intraday ₹325 NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Futures ₹230 NSE ₹190 per crore | BSE ₹1 per trade (each side)
Equity Options ₹5500 NSE ₹5000 per crore | BSE ₹1 per trade (each side)
Currency Futures ₹325 NSE ₹110 per crore (0.0011%)
Currency Options NSE ₹4000 (on premium) per crore (0.040%)
Commodity ₹300 Non-Agri ₹260 (0.0026%) | Agri ₹175 per Crore
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Karvy Vs SAMCO Leverage (Margin)

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
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Compare Karvy and SAMCO Features

The trading platforms offered Karvy include NEST, Karvy Web, Trade Mobile. SAMCO offers OMNESYS NEST, StockNote trading software.

  Karvy SAMCO
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
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
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Karvy Vs SAMCO Review

Karvy is rated 2.0 of 5 based on 24 customer reviews whereas SAMCO is rated 3.5 of 5 based on 15 customer reviews.

  Karvy SAMCO
  24 Customer Reviews    Rate Karvy 15 Customer Reviews    Rate SAMCO
Fees 2.6 3.6
Trading Brokerage 2.4 4.0
Trading Platform Usability 2.7 2.8
Customer Service 2.2 3.5
Research Capabilities 3.3
Overall Ratings Rated 2.0 stars Rated 3.5 stars
Broker Rating Karvy is rated 2.0 of 5 based on 24 customer reviews SAMCO is rated 3.5 of 5 based on 15 customer reviews
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Contact Broker / Request A Call Back

  Karvy Enquire SAMCO Enquire
Contact Broker

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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Karvy Vs SAMCO Investment Options

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

  Karvy SAMCO
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Karvy Vs SAMCO Research Report

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

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

  Karvy SAMCO
Pros
  1. Pay ₹1200 one time and get life time free AMC demat account
  2. Offers investment in IPO and Mutual funds
  3. Free research reports
  4. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
  • 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
  1. Doesn't offer 3 in 1 account
  2. Brokerage rates are negotiable
  3. Higher brokerage compare to 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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