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ProStocks Vs SAMCO Share Broker Comparison

The side-by-side comparison of ProStocks and SAMCO Securities Limited stock brokers in India. The comparison below highlights the similarities and differences between ProStocks 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 ProStocks and SAMCO.

  ProStocks SAMCO Securities Limited
 
ProStocks Logo SAMCO Securities Limited Logo
About the Broker ProStocks is a SEBI registered Stock Broker and Depository Participant. ProStocks is fastest growing flat fee discount stock broker offering online trading at BSE and NSE. ProStocks is famous for the unlimited trading plan. This plan offer unlimited ... Know more about ProStocks 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)... Know more about SAMCO Securities Limited
Type of Broker Discount Broker Discount Broker
Supported Exchnage BSE, NSE BSE, NSE, MCX, NCDEX
Account Type Flat Fee Plan Standard
Broker Enquiry Open an Online Trading Account with ProStocks. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  ProStocks SAMCO Securities Limited
Trading Account Opening Fees ₹0 ₹0
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹0 ₹0
Demat Account AMC ₹0 per year (Lifetime Zero AMC) ₹400
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  ProStocks SAMCO Securities Limited
Account Type Flat Fee Plan Standard
Fixed Charges
Equity Delivery Brokerage ₹15 ₹20 per executed order
Equity Intraday Brokerage ₹15 ₹20 per executed order
Equity Futures Brokerage ₹15 ₹20 per executed order
Equity Options Brokerage ₹15 ₹20 per executed order
Currency Futures Trading Brokerage ₹15 ₹20 per executed order
Currency Options Trading Brokerage ₹15 ₹20 per executed order
Commodity Futures Trading Brokerage
Commodity Options Trading Brokerage

Brokerage Plan 2

  ProStocks SAMCO Securities Limited
Account Type Monthly Unlimited Equity Standard
Fixed Charges ₹899 NA
Equity Delivery Brokerage ₹0 ₹20 per executed order
Equity Intraday Brokerage ₹0 ₹20 per executed order
Equity Futures Brokerage ₹0 ₹20 per executed order
Equity Options Brokerage ₹0 ₹20 per executed order
Currency Futures Trading Brokerage ₹20 per executed order
Currency Options Trading Brokerage ₹20 per executed order
Commodity Futures Trading Brokerage
Commodity Options Trading Brokerage

Brokerage Plan 3

  ProStocks SAMCO Securities Limited
Account Type Monthly Unlimited Currency Standard
Fixed Charges ₹499 NA
Equity Delivery Brokerage ₹20 per executed order
Equity Intraday Brokerage ₹20 per executed order
Equity Futures Brokerage ₹20 per executed order
Equity Options Brokerage ₹20 per executed order
Currency Futures Trading Brokerage ₹0 ₹20 per executed order
Currency Options Trading Brokerage ₹0 ₹20 per executed order
Commodity Futures Trading Brokerage
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges ₹0
Other Brokerage Charges
Call & Trade Charges ₹20 per executed order
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Taxes

  ProStocks SAMCO Securities Limited
Securities Transaction Tax (STT)
  • 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)
  • 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)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  ProStocks SAMCO Securities Limited
Equity Delivery NSE: 0.00325% | BSE: 0.00275% NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Intraday NSE: 0.00325% | BSE: 0.00275% NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Futures NSE: 0.0019% | BSE: 0.0005% NSE ₹190 per crore | BSE ₹1 per trade (each side)
Equity Options NSE: 0.050% | BSE: 0.0025% NSE ₹5000 per crore | BSE ₹1 per trade (each side)
Currency Futures NSE: 0.0011% | BSE: 0.0001% NSE ₹110 per crore (0.0011%)
Currency Options NSE: 0.040% | BSE: 0.0001% NSE ₹4000 (on premium) per crore (0.040%)
Commodity Non-Agri ₹260 (0.0026%) | Agri ₹175 per Crore
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Exposure

  ProStocks SAMCO Securities Limited
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday 7x (Margin intraday sq off) | 10x (Cover Order) Normal Orders: 3x to 15x | CO & BO: Up to 33x
Equity Futures 1.5x Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options 1x (no margin) Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures 1.5x Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options 1x (no margin) Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity NA Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
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Share Broker Features

  ProStocks SAMCO Securities Limited
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform ProStocks, NSE NOW OMNESYS NEST, StockNote
Intraday Square-off Time Equity 3:15 PM | Curr: 4:45 PM 3:15 PM
Other Features Margin Products - CashPlus, StockPlus, and InstaPlus
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Broker Ratings (Average User Rating)

  ProStocks SAMCO Securities Limited
  24 Customer Reviews    Rate ProStocks 11 Customer Reviews    Rate SAMCO
Fees Ratings 4.6 3.5
Trading Brokerage Rating 4.4 4.1
Trading Platform Usability 2.9 2.8
Customer Service Ratings 3.1 3.7
Overall Ratings Rated 3.3 stars Rated 3.7 stars
Broker Rating ProStocks is Rated 3.3 / 5 based on 24 customer reviews SAMCO is Rated 3.7 / 5 based on 11 customer reviews
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Contact Broker / Request A Call Back

  ProStocks SAMCO Securities Limited
Contact / Request Call Back
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Investment Options Available

  ProStocks SAMCO Securities Limited
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) No No
Mutual Funds No No
Bond / NCD No
Debt No No
Other Investment Options
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Customer Service Offered

  ProStocks SAMCO Securities Limited
24/7 Customer Service No No
Onine Live Chat No No
Through Branches No No
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Order Type

  ProStocks SAMCO Securities Limited
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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Research / Tips / Reports Published

  ProStocks SAMCO Securities Limited
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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Suitable for Investor Category

  ProStocks SAMCO Securities Limited
Casual Investor Yes
Active Investor Yes
Trader Yes Yes

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Pros, Cons and Other Review Comments

  ProStocks SAMCO Securities Limited
Pros
  • Cheapest flat fee broker in India. Offers ₹899 unlimited equity and equity f&o trading and ₹15 per trade plan.
  • 2-in-1 Accounts offers seamless transactions between trading and demat account.
  • 5 Pricing plans to choose from offers flexibility to stock market investors and active trader. Its extremely easy to switch between the plans.
  • Lowest exchange transaction changes, guaranteed.
  • Life time free demat account with one time ₹1000 deposit. No account opening and no annual maintenance charges.
  • Lowest stamp duty for customer outside Maharashtra. Max stamp duty charged is ₹50 per day.
  • ProStocks do not charge PCM fee to customers. Most other broker include PCM fee to Exchange Transaction Fee.
  • Cheapest Call & Trade fee (₹10 per executed order) among all discount brokers. Other brokers charge minimum ₹20 per trade.
  • 24x7 customer service though Advance Interactive voice response(IVR).

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

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 Useful articles about ProStocks:
Promo / Offers

ProStocks offer FREE Trading + Demat Account. You can trade unlimited in equity & equity f&o segment for ₹899/month or choose ₹15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer ₹0 Demat AMC with one time ₹1000 refundable deposit.

This is a limited time offer. Simply leave your contact information with us and ProStocks representatives will contact you.

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.

Enquire about ProStocks
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