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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 Research SMS, margin trading, depository services and third-party products like insurance. The company also provides direct access to the US markets. Kotak Securities is a subsidiary of Kotak Mahindra Bank, one ... Know more about Kotak Securities Ltd

SAMCO Securities Limited Logo

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 invest in an expert-selected basket of stocks selected based on 25+ stock rating parameters. The c... 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 99 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 99 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 0.50% (whichever is lower) and intraday is Rs 20 per trade or 0.05% (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 0.50% (whichever is lower)
Equity Intraday Free Rs 20 per trade or 0.05% (whichever is lower)
Equity Futures Delivery: Rs 20 per trade | Intraday: Free Rs 20 per trade or 0.05% (whichever is lower)
Equity Options Delivery: Rs 20 per trade | Intraday: Free Rs 20 per trade
Currency Futures Delivery: Rs 20 per trade | Intraday: Free Rs 20 per trade or 0.05% (whichever is lower)
Currency Options Delivery: Rs 20 per trade | Intraday: Free Rs 20 per trade
Commodity Futures Delivery: Rs 20 per trade | Intraday: Free Rs 20 per trade or 0.05% (whichever is lower)
Commodity Options Delivery: Rs 20 per trade | Intraday: Free
Special Offer
Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. 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 0.50% (whichever is lower)
Equity Intraday 0.039% Rs 20 per trade or 0.05% (whichever is lower)
Equity Futures 0.039% Rs 20 per trade or 0.05% (whichever is lower)
Equity Options Rs 39 per lot Rs 20 per trade
Currency Futures Rs 9 per lot Rs 20 per trade or 0.05% (whichever is lower)
Currency Options Rs 5 per lot Rs 20 per trade
Commodity Futures 0.039% Rs 20 per trade or 0.05% (whichever is lower)
Commodity Options Rs 39 per lot
Open Kotak Securities AccountOpen SAMCO Account

Kotak Securities Charges Vs SAMCO

Minimum Brokerage Rs 21 per executed order 0.5% per executed order for Equity Delivery and 0.05% per executed order for 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 Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) while SAMCO exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 100 per Cr (0.001%) (on premium).

  Kotak Securities SAMCO
Equity Delivery NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side)
Equity Intraday NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 200 per Cr (0.002%) | BSE Rs 100 per Cr (0.001%)
Equity Options NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) NSE Rs 5300 per Cr (0.053%) | BSE Rs 100 per Cr (0.001%) (on premium)
Currency Futures NSE Rs 95 per Cr (0.00095%) | BSE Rs 22 per Cr (0.00022%) NSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3700 per Cr (0.037%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 3500 per Cr (0.035%) (on premium)
Commodity MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% | Commodity Options: MCX : 0.05% & 0 for NCDEX 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 Samco Mobile App, Nest Trader, Samco 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 Samco Mobile App, Nest Trader, Samco 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 2.4 of 5 based on 197 customer reviews whereas SAMCO is rated 3.2 of 5 based on 26 customer reviews.

  Kotak Securities SAMCO
  197 Customer Reviews    Rate Kotak Securities 26 Customer Reviews    Rate SAMCO
Fees 2.4 3.4
Brokerage 2.3 3.8
Trading Platform 3.2 2.8
Customer Service 2.8 3.2
Research Capabilities 2.7 2.6
Overall Ratings Rated 2.4 stars Rated 3.2 stars
Broker Rating Kotak Securities is rated 2.4 of 5 based on 197 customer reviews SAMCO is rated 3.2 of 5 based on 26 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. 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 are available for delivery margin and margin against shares.
  • Samco, a mobile trading app with personalized news, managed alerts, advanced charts, and a watch list with any number of shares.
  • Guest user for mobile app Samco which allows you to check the app even before you become a customer.
  • Advance order types i.e. bracket order and cover order with up to 33 times leverage
  • Free 'NEST Trader' installable 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:

  • Brokerage-Free Intraday trades (Equity and F&O).
  • 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.

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