Kotak Securities Vs SAMCO Share Broker Comparison
The side-by-side comparison of Kotak Securities Ltd and SAMCO Securities Limited stock brokers in India. The comparison below highlights the similarities and differences between Kotak Securities and SAMCO's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Kotak Securities and SAMCO.
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Kotak Securities Ltd |
SAMCO Securities Limited |
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| About the Broker |
Kotak Securities Ltd, a subsidiary of Kotak Mahindra Bank was founded in 1994. They offers stock broking services and distributes financial products in India. They have 1209 branches, franchisees and satellite offices offers services to 11.95 Lakh cu...  |
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
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Full Service Broker |
Discount Broker |
| Supported Exchnage
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BSE, NSE, MCX, NCDEX |
BSE, NSE, MCX, NCDEX |
| Account Type
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Fixed Brokerage Plan |
Standard |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Kotak Securities Ltd |
SAMCO Securities Limited |
| Trading Account Opening Fees
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₹750 |
₹0 |
| Trading Account AMC
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₹0 |
₹0 |
| Demat Account Opening Fees
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₹0 |
₹0 |
| Demat Account AMC
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₹600 |
₹400 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Kotak Securities Ltd |
SAMCO Securities Limited |
| Account Type |
Fixed Brokerage Plan |
Standard |
| Fixed Charges
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| Equity Delivery Brokerage
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0.49% |
₹20 per executed order |
| Equity Intraday Brokerage
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0.049% (both side) |
₹20 per executed order |
| Equity Futures Brokerage
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0.049% (both side) |
₹20 per executed order |
| Equity Options Brokerage
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₹300 per lot |
₹20 per executed order |
| Currency Futures Trading Brokerage
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₹20 per executed order |
| Currency Options Trading Brokerage
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₹20 per executed order |
| Commodity Futures Trading Brokerage
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0.070% |
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| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Kotak Securities Ltd |
SAMCO Securities Limited |
| Account Type |
Dynamic Brokerage Plan |
Standard |
| Fixed Charges
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NA |
| Equity Delivery Brokerage
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0.59% to 0.30% |
₹20 per executed order |
| Equity Intraday Brokerage
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0.06% to 0.05% |
₹20 per executed order |
| Equity Futures Brokerage
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0.07% to 0.05% |
₹20 per executed order |
| Equity Options Brokerage
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2.5% to 1.8% |
₹20 per executed order |
| Currency Futures Trading Brokerage
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0.04% or Rs 20 per lot |
₹20 per executed order |
| Currency Options Trading Brokerage
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Rs 20 to Rs 7.5 per lot |
₹20 per executed order |
| Commodity Futures Trading Brokerage
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| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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₹21 per executed order |
₹0 |
| Other Brokerage Charges
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SMS Alerts at ₹50 per month |
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| Call & Trade Charges
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₹20 per call after first 20 free calls in a month |
₹20 per executed order |
Taxes
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Kotak Securities Ltd |
SAMCO Securities Limited |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Kotak Securities Ltd |
SAMCO Securities Limited |
| Equity Delivery
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NSE ₹325 per crore | BSE ₹1 per trade (each side) |
| Equity Intraday
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NSE ₹325 per crore | BSE ₹1 per trade (each side) |
| Equity Futures
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NSE ₹190 per crore | BSE ₹1 per trade (each side) |
| Equity Options
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NSE ₹5000 per crore | BSE ₹1 per trade (each side) |
| Currency Futures
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NSE ₹110 per crore (0.0011%) |
| Currency Options
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NSE ₹4000 (on premium) per crore (0.040%) |
| Commodity
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Non-Agri ₹260 (0.0026%) | Agri ₹175 per Crore |
Exposure
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Kotak Securities Ltd |
SAMCO Securities Limited |
| Equity Delivery
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1x (no margin) |
1x (no margin) |
| Equity Intraday
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50 times |
Normal Orders: 3x to 15x | CO & BO: Up to 33x |
| Equity Futures
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12 to 15 times |
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Equity Options
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Selling: 200 times | Buying: 10 times |
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Futures
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NA |
Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Options
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NA |
Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Commodity
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NA |
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
Share Broker Features
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Kotak Securities Ltd |
SAMCO Securities Limited |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite |
OMNESYS NEST, StockNote |
| Intraday Square-off Time
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3:15 PM |
| Other Features
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3-in-1 account |
Margin Products - CashPlus, StockPlus, and InstaPlus |
Broker Ratings (Average User Rating)
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Kotak Securities Ltd |
SAMCO Securities Limited |
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133 Customer Reviews  |
11 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Kotak Securities is Rated 2.6 / 5 based on 133 customer reviews |
SAMCO is Rated 3.7 / 5 based on 11 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Kotak Securities Ltd |
SAMCO Securities Limited |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Customer Service Offered
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Kotak Securities Ltd |
SAMCO Securities Limited |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Kotak Securities Ltd |
SAMCO Securities Limited |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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Kotak Securities Ltd |
SAMCO Securities Limited |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Kotak Securities Ltd |
SAMCO Securities Limited |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Kotak Securities Ltd |
SAMCO Securities Limited |
| Pros
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- Offers 3-in-1 Account (trinity account).
- Kotak Security is a full services broker offering wide range of investment options and research reports.
- Kotak Securities has extended network of 1400+ branches across India.
- It offers 3-in-1 account, the combination of broker account, bank account and a demat account. All these accounts are linked together and work seamlessly to make stock market investment very easy especially for beginners in stock market.
- Kotak offers 5 different trading platforms to fulfill almost all customer requirements.
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
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- The brokerage changed by them of higher than the discount brokers.
- Commodity trading is available through another company 'Kotak Commodity Services Ltd'.
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
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| Promo / Offers
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Kotak 3-in-1 Account
Kotak Mahendra Bank offers trinity account, a 3-in-1 account which is a combination of saving bank, trading and demat account. It offers convenient investment in Equity, Derivatives, Mutual Funds, IPO and ETF.
Looking for an online trading account? Request Callback from a stock broker. |
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.
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Enquire about Kotak Securities
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Zerodha
Zero Account Opening Fee