About Kotak Neo
Incorporated in 1994, Kotak Neo is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Research SMS, margin trading, depository services and third-party products like insurance. The company also provides d... 
About SAMCO
SAMCO Securities is one of India's leading investment technology companies offering a variety of securities to trade and invest in, such as stocks, Equity Derivatives, Currency Derivatives, Commodities, Mutual Funds, and IPO.
Incorporated in 2015, SAMCO is known for its ultra-low brokerage, unique margin products, and free trading software. SAMCO is also popular for offering StockBasket, a tool to...
Incorporated in 1994, Kotak Neo is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India. Incorporated in 1995, SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India.
| Kotak Neo | SAMCO | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX |
| Year of Incorporation | 1994 | 1995 |
| Number of Branches | 153 | 0 |
| Open Kotak Neo Account |
Kotak Neo trading account opening charges is Rs 0 (Free) while SAMCO account opening changes is Rs 0 (Free). Kotak Neo Demat Account AMC Charges is Rs 600 and SAMCO Demat Account AMC Charges is First Year: Free, Rs 400 (Free for 1st year).
| Kotak Neo | SAMCO | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 600 | First Year: Free, Rs 400 (Free for 1st year) |
Kotak Neo Brokerage Charges for equity is 0.20% (free for the first 30 days) and intraday is Rs 10 per order or 0.05%, whichever is lower whereas SAMCO brokerage charges for equity is 0.5% of the transaction value or ₹20 per executed order and Intraday is 0.5% of the transaction value or ₹20 per executed order.
| Account Type | Kotak Neo Trade Free Plan | SAMCO Standard |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.20% (free for the first 30 days) | 0.5% of the transaction value or ₹20 per executed order |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 0.5% of the transaction value or ₹20 per executed order |
| Equity Futures | Rs 10 per order | 0.5% of the transaction value or ₹20 per executed order |
| Equity Options | Rs 10 per order | ₹20 per executed order (or 0.5% of the transaction value, whichever is lower). |
| Currency Futures | Rs 10 per order | 0.5% of the transaction value or ₹20 per executed order (whichever is lower). |
| Currency Options | Rs 10 per order | ₹20 per executed order (or 0.5% of the transaction value, |
| Commodity Futures | Rs 10 per order | 0.5% of the transaction value or ₹20 per |
| Commodity Options | Rs 10 per order | ₹20 per executed order (or 0.5% of the transaction value) |
| Special Offer | Special Offer: Trade smarter with Kotak Neo low-cost plans. | Special Offer: Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today. |
| Kotak Neo | SAMCO | |
|---|---|---|
| Account Type | Trade Free Youth | Standard |
| Fixed Charges | NA | |
| Equity Delivery | Rs 0 | 0.5% of the transaction value or ₹20 per executed order |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 0.5% of the transaction value or ₹20 per executed order |
| Equity Futures | Rs 10 per order | 0.5% of the transaction value or ₹20 per executed order |
| Equity Options | Rs 10 per order | ₹20 per executed order (or 0.5% of the transaction value, whichever is lower). |
| Currency Futures | Rs 10 per order | 0.5% of the transaction value or ₹20 per executed order (whichever is lower). |
| Currency Options | Rs 10 per order | ₹20 per executed order (or 0.5% of the transaction value, |
| Commodity Futures | Rs 10 per order | 0.5% of the transaction value or ₹20 per |
| Commodity Options | Rs 10 per order | ₹20 per executed order (or 0.5% of the transaction value) |
| Open Kotak Neo Account |
| Kotak Neo | SAMCO | |
|---|---|---|
| Account Type | Trade Free Pro | Standard |
| Fixed Charges | Rs 249 | NA |
| Equity Delivery | 0.10% (free for the first 30 days) | 0.5% of the transaction value or ₹20 per executed order |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 0.5% of the transaction value or ₹20 per executed order |
| Equity Futures | Rs 10 per order | 0.5% of the transaction value or ₹20 per executed order |
| Equity Options | Rs 10 per order | ₹20 per executed order (or 0.5% of the transaction value, whichever is lower). |
| Currency Futures | Rs 10 per order | 0.5% of the transaction value or ₹20 per executed order (whichever is lower). |
| Currency Options | Rs 10 per order | ₹20 per executed order (or 0.5% of the transaction value, |
| Commodity Futures | Rs 10 per order | 0.5% of the transaction value or ₹20 per |
| Commodity Options | Rs 10 per order | ₹20 per executed order (or 0.5% of the transaction value) |
| Open Kotak Neo Account |
| Minimum Brokerage | 0.5% per executed order for Equity Delivery and 0.05% per executed order for other segments | |
| Other Charges | Auto-Square off charges: Rs 50 per order OFS / Buyback : Rs 50 per order | |
| Call & Trade Charges | Rs 49 + GST per executed order | Rs 50 + GST |
| Open Kotak Neo Account |
Kotak Neo margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SAMCO margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| Kotak Neo | SAMCO | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open Kotak Neo Account |
The trading platforms offered Kotak Neo include Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal. SAMCO offers Samco Mobile App, Nest Trader, Samco Trade API, RankMF, StockBasket, Samco Star trading software.
| Kotak Neo | SAMCO | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal | Samco Mobile App, Nest Trader, Samco Trade API, RankMF, StockBasket, Samco Star |
| Intraday Square-off Time | 3:20 P.M | 3:15 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | 3-in-1 account | Stock SIP, US Stocks |
| Open Kotak Neo Account |
Kotak Neo is rated of 5 based on 202 customer reviews whereas SAMCO is rated of 5 based on 26 customer reviews.
| Kotak Neo | SAMCO | |
|---|---|---|
202 Customer Reviews  | 26 Customer Reviews | |
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| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service | | |
| Research Capabilities |  |  |
| Overall Rating | | |
| Broker Rating | Kotak Neo is Rated 2.4 / 5 based on 202 customer reviews | SAMCO is Rated 3.2 / 5 based on 26 customer reviews |
| Kotak Neo | SAMCO | |
|---|---|---|
| Contact Broker | Trade smarter with Kotak Neo low-cost plans. | Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today. |
| Kotak Neo | SAMCO | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Kotak Neo | SAMCO | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Kotak Neo | SAMCO | |
|---|---|---|
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| Promo / Offers | Kotak Neo Special OfferKotak Neo Trade Free Plan Open a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now | SAMCO Special OfferFree Account Opening + 100% Brokerage Refund for 1st Month + 0 AMC 1st Year
It is a limited-time offer. Open Instant Account online and start trading the same day. |
| Open Kotak Neo Account |
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