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Religare Vs SAMCO (Compare Religare and SAMCO)

Religare Logo

About Religare
Update On Dec 20, 2017, Edelweiss Group's wealth management unit has acquired the securities business of Religare Enterprises Ltd. The acquisition includes Religare's securities and commodities broking services along with depository participant services. Incorporated in 1986, Religare Securities Ltd (RSL) is a subsidiary of Religare Enterprises Limited, New Delhi based diversified financial group. Religare Securities offers retail broking, depository services and other related investme... Know more about Religare

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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Religare Vs SAMCO

Incorporated in 1994, Religare is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 1500 branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  Religare SAMCO
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Year of Incorporation 1994
Number of Branches 1500
Enquire ReligareOpen SAMCO Account

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Religare Vs SAMCO Charges & AMC

Religare trading account opening charges is Rs 500 while SAMCO account opening changes is Rs 0 (Free). Religare Demat Account AMC Charges is Rs 400 from second year onward and SAMCO Demat Account AMC Charges is Rs 400.

  Religare SAMCO
Trading Account Opening Charges Rs 500 Rs 0 (Free)
Trading Account AMC Charges Nil Rs 0 (Free)
Demat Account Opening Charges Nil Rs 0 (Free)
Demat Account AMC Charges Rs 400 from second year onward Rs 400

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Religare Vs SAMCO Brokerage

Religare brokerage charges for equity is 0.50% to 0.10% and intraday is 0.050% to 0.010% 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 Religare My Saver Online Plan SAMCO Standard
Fixed Charges NA
Equity Delivery 0.50% to 0.10% Rs 20 per trade or 0.20% (whichever is lower)
Equity Intraday 0.050% to 0.010% Rs 20 per trade or 0.02% (whichever is lower)
Equity Futures 0.05% Rs 20 per trade or 0.02% (whichever is lower)
Equity Options Rs 70 per lot Rs 20 per trade or 0.02% (whichever is lower)
Currency Futures 0.05% Rs 20 per trade or 0.02% (whichever is lower)
Currency Options Rs 30 per lot Rs 20 per trade or 0.02% (whichever is lower)
Commodity Futures 0.05% Rs 20 per trade or 0.02% (whichever is lower)
Commodity Options Rs 30 per lot Rs 20 per trade or 0.02% (whichever is lower)
Special Offer
Special Offer: Get Free Trading + Demat Account for limited time. Get the offer
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.

Religare Charges Vs SAMCO

Minimum Brokerage 1p per share 0.2% per executed order for Equity Delivery and 0.02% per executed order for all other segments
Other Charges
Call & Trade Charges Rs 10 per executed order (max Rs 50 per day) Rs 20 per executed order

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Religare Vs SAMCO Transaction Charges

Religare transaction charges for options is 0.06% 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.

  Religare SAMCO
Equity Delivery 0.0037% NSE Rs 345 per crore (0.00345%) | BSE Rs 345 per crore (0.00345%)
Equity Intraday 0.0037% NSE Rs 345 per crore (0.00345%) | BSE Rs 345 per crore (0.00345%)
Equity Futures 0.004% NSE Rs 200 per crore (0.0020%) | BSE Rs 1 per trade
Equity Options 0.06% on Premium NSE Rs 5,300 per crore (0.053%) on Premium | BSE Rs 1 per trade
Currency Futures 0.004% NSE - Rs 110 per crore (0.0011%)
Currency Options 0.06% on Premium NSE Rs 4,000 per crore (0.040%) on Premium Value
Commodity 0.0035% Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
Enquire ReligareOpen SAMCO Account

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Religare Vs SAMCO Leverage (Margin)

Religare 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.

  Religare 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)
Enquire ReligareOpen SAMCO Account

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Compare Religare and SAMCO Features

The trading platforms offered Religare include Odin Diet, Web, Dynami. SAMCO offers StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.

  Religare SAMCO
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Odin Diet, Web, Dynami StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star
Intraday Square-off Time 3:15 PM
Other Features Mutual Fund, EMI Calculator Margin Products - CashPlus, StockPlus, and BTPT
Referral Program Yes
Enquire ReligareOpen SAMCO Account

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Religare Vs SAMCO Review

Religare is rated 2.9 of 5 based on 77 customer reviews whereas SAMCO is rated 3.1 of 5 based on 22 customer reviews.

  Religare SAMCO
  77 Customer Reviews    Rate Religare 22 Customer Reviews    Rate SAMCO
Fees 3.2 3.4
Brokerage 3.1 3.8
Trading Platform 3.0 2.6
Customer Service 2.9 3.0
Research Capabilities 3.2 2.3
Overall Ratings Rated 2.9 stars Rated 3.1 stars
Broker Rating Religare is rated 2.9 of 5 based on 77 customer reviews SAMCO is rated 3.1 of 5 based on 22 customer reviews

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Contact Broker / Request A Call Back

  Religare Enquire SAMCO Enquire
Contact Broker Get Free Trading + Demat Account for limited time. Get the 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.

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Religare Vs SAMCO Investment Options

  Religare 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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Religare Vs SAMCO Order Type Offered

  Religare SAMCO
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes
Enquire ReligareOpen SAMCO Account

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Religare Vs SAMCO Research Report

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

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Religare Vs SAMCO Suitable For Investor Type

  Religare SAMCO
Casual Investor
Active Investor
Trader Yes

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Religare Vs SAMCO - Pros and Cons

  Religare SAMCO
Pros
  • 3 to 4 times exposure is given in cash as well as F&O segment.
  • 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
  • EXE Based trading terminal are available for Rs 999 per annum.
  • Call and Trade is charged at Rs 10 per executed order (maximum Rs 50 per day in a segment).
  • 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

Free Trading + Demat Account

Religare offer FREE Trading + Demat Account. In addition you get Rs 0 AMC on Demat Account for 1st year.

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

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.

Enquire ReligareOpen SAMCO Account

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