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Kotak Securities Vs SAMCO (Compare Kotak Securities and SAMCO)

Kotak Securities Ltd Logo

About Kotak Securities
Incorporated in 1994, Kotak Securities Ltd 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 Portfolio Management services (PMS), research, margin trade funding, depository services and third-party products like insurance. The company also provides direct access to the US markets. Kotak Securities is a ... Know more about Kotak Securities Ltd

SAMCO Securities Limited Logo

About SAMCO
SAMCO Securities is a Mumbai-based online discount broking firm offering to trade and invest online in stocks, Equity Derivatives, Currency Derivatives, Commodity, 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 invest in an expert-selected basket of stocks selected based on 25+ stock rating parameters. The customers who move from traditional brok... Know more about SAMCO Securities Limited

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Kotak Securities Vs SAMCO

Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  Kotak Securities SAMCO
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Year of Incorporation 1994
Number of Branches 153
Open Kotak Securities AccountOpen SAMCO Account

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Kotak Securities Vs SAMCO Charges & AMC

Kotak Securities trading account opening charges is Rs 0 (Free) while SAMCO account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and SAMCO Demat Account AMC Charges is Rs 400.

  Kotak Securities 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 Rs 400

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Kotak Securities Vs SAMCO Brokerage

Kotak Securities brokerage charges for equity is 0.25% (Minimum Rs 20 per trade) and intraday is Free whereas SAMCO brokerage charges for equity is Rs 20 per trade or 0.20% (whichever is lower) and intraday is Rs 20 per trade or 0.02% (whichever is lower).

Account Type Kotak Securities Trade Free Plan SAMCO Standard
Fixed Charges NA
Equity Delivery 0.25% (Minimum Rs 20 per trade) Rs 20 per trade or 0.20% (whichever is lower)
Equity Intraday Free Rs 20 per trade or 0.02% (whichever is lower)
Equity Futures Delivery: Rs 20 per trade | Intraday: Free Rs 20 per trade or 0.02% (whichever is lower)
Equity Options Delivery: Rs 20 per trade | Intraday: Free Rs 20 per trade or 0.02% (whichever is lower)
Currency Futures Delivery: Rs 20 per trade | Intraday: Free Rs 20 per trade or 0.02% (whichever is lower)
Currency Options Delivery: Rs 20 per trade | Intraday: Free Rs 20 per trade or 0.02% (whichever is lower)
Commodity Futures Delivery: Rs 20 per trade | Intraday: Free Rs 20 per trade or 0.02% (whichever is lower)
Commodity Options Delivery: Rs 20 per trade | Intraday: Free Rs 20 per trade or 0.02% (whichever is lower)
Special Offer
Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade + Free Account Opening. Open Instant Account Now
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 Securities Vs SAMCO Brokerage Plan 2

  Kotak Securities SAMCO
Account Type Dealer Assisted Plan Standard
Fixed Charges Rs 499 (One Time) NA
Equity Delivery 0.39% Rs 20 per trade or 0.20% (whichever is lower)
Equity Intraday 0.039% Rs 20 per trade or 0.02% (whichever is lower)
Equity Futures 0.039% Rs 20 per trade or 0.02% (whichever is lower)
Equity Options Rs 39 per lot Rs 20 per trade or 0.02% (whichever is lower)
Currency Futures Rs 9 per lot Rs 20 per trade or 0.02% (whichever is lower)
Currency Options Rs 5 per lot Rs 20 per trade or 0.02% (whichever is lower)
Commodity Futures 0.039% Rs 20 per trade or 0.02% (whichever is lower)
Commodity Options Rs 39 per lot Rs 20 per trade or 0.02% (whichever is lower)
Open Kotak Securities AccountOpen SAMCO Account

Kotak Securities Charges Vs SAMCO

Minimum Brokerage Rs 21 per executed order 0.2% per executed order for Equity Delivery and 0.02% per executed order for all other segments
Other Charges
Call & Trade Charges Rs 50 per call Rs 20 per executed order

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Kotak Securities Vs SAMCO Transaction Charges

Kotak Securities transaction charges for options is NSE: 0.05% on Premium while SAMCO exchange transaction charges for options is NSE Rs 5,300 per crore (0.053%) on Premium | BSE Rs 1 per trade.

  Kotak Securities SAMCO
Equity Delivery NSE: 0.00325%, BSE: 0.00325% NSE Rs 345 per crore (0.00345%) | BSE Rs 345 per crore (0.00345%)
Equity Intraday NSE: 0.00325%, BSE: 0.00325% NSE Rs 345 per crore (0.00345%) | BSE Rs 345 per crore (0.00345%)
Equity Futures NSE: 0.0019% NSE Rs 200 per crore (0.0020%) | BSE Rs 1 per trade
Equity Options NSE: 0.05% on Premium NSE Rs 5,300 per crore (0.053%) on Premium | BSE Rs 1 per trade
Currency Futures NSE: 0.0009%, BSE: 0.00022% NSE - Rs 110 per crore (0.0011%)
Currency Options NSE: 0.035%, BSE: 0.001% NSE Rs 4,000 per crore (0.040%) on Premium Value
Commodity MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
Open Kotak Securities AccountOpen SAMCO Account

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Kotak Securities Vs SAMCO Leverage (Margin)

Kotak Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SAMCO margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Kotak Securities 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 Securities AccountOpen SAMCO Account

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Compare Kotak Securities and SAMCO Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. SAMCO offers StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.

  Kotak Securities SAMCO
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star
Intraday Square-off Time 3:15 PM
Trading In SME Shares Allowed?
Referral Program Yes
Other Features 3-in-1 account Margin Products - CashPlus, StockPlus, and BTPT
Open Kotak Securities AccountOpen SAMCO Account

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Kotak Securities Vs SAMCO Review

Kotak Securities is rated 2.3 of 5 based on 184 customer reviews whereas SAMCO is rated 3.3 of 5 based on 24 customer reviews.

  Kotak Securities SAMCO
  184 Customer Reviews    Rate Kotak Securities 24 Customer Reviews    Rate SAMCO
Fees 2.4 3.4
Brokerage 2.3 3.9
Trading Platform 3.2 2.8
Customer Service 2.8 3.2
Research Capabilities 2.5 2.5
Overall Ratings Rated 2.3 stars Rated 3.3 stars
Broker Rating Kotak Securities is rated 2.3 of 5 based on 184 customer reviews SAMCO is rated 3.3 of 5 based on 24 customer reviews

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Contact Broker / Request A Call Back

  Kotak Securities Enquire SAMCO Enquire
Contact Broker Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade + Free Account Opening. Open Instant Account Now 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.

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Kotak Securities Vs SAMCO Investment Options

  Kotak Securities SAMCO
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes
Debt Yes No
Other Investment Options

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Kotak Securities Vs SAMCO Order Type Offered

  Kotak Securities SAMCO
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes
Open Kotak Securities AccountOpen SAMCO Account

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Kotak Securities Vs SAMCO Research Report

  Kotak Securities SAMCO
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Kotak Securities Vs SAMCO Suitable For Investor Type

  Kotak Securities SAMCO
Casual Investor Yes
Active Investor Yes
Trader Yes

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Kotak Securities Vs SAMCO - Pros and Cons

  Kotak Securities SAMCO
Pros
  • Kotak Securities is a bank-based broker offering a 3-in-1 account.
  • Brokerage free intraday trading with online trading plans.
  • Zero brokerage across all segments for investors up to the age of 30 years.
  • Company is part of leading private bank (Kotak Mahindra Bank).
  • NEST trading platform is available for frequent traders.
  • Charges are lowest amoung bank-based brokers.
  • A technology-driven stockbroker with significantly fewer overheads.
  • Flat Rs 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
  • High Equity delivery brokerage charges.
  • High demat AMC changes (Rs 66 per month).
  • Kotak Securities website and mobile app is not as good as new age brokers like Zerodha and Upstox.
  • A widely advertised Zero Brokerage Plan is available only to investors up to the age of 30 years.
  • The customer has to pay a yearly plan subscription fee of Rs 499.
  • Very high brokerage in dealer-assisted brokerage plan.
  • Margin-funding facility causes confusion amount investors who ended up paying high interest charges unknowingly.
  • 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

Kotak Securities Special Offer

Kotak Securities Trade Free Plan

Open a 3-in-1 account and get:

  • Free Account Opening
  • Brokerage-Free Intraday trading
  • Flat Rs. 20 per trade brokerage in F&O

Interested in opening a trading account? Open Instant Account Now

SAMCO Special Offer

Free Account Opening + 100% Brokerage Refund for 1st Month + 0 AMC 1st Year

  • Free Account Opening
  • 100% free brokerage for 1st month
  • Free Demat AMC for 1st Year
  • Pay flat Rs 20 for Equity Delivery, Intra-day and F&O Trades.

It is a limited-time offer. Open Instant Account online and start trading the same day.

Open Kotak Securities AccountOpen SAMCO Account

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