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Upstox Vs SAMCO (Compare Upstox and SAMCO)

About Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms. Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix. Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo...

Upstox Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

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...

SAMCO Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

Upstox Vs SAMCO

Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

	Upstox	SAMCO
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX, NCDEX
Year of Incorporation	2012
Number of Branches	4
	Open Upstox Account	Open SAMCO Account

Upstox Vs SAMCO Charges & AMC

Upstox trading account opening charges is Rs 0 (Free) while SAMCO account opening changes is Rs 0 (Free). Upstox Demat Account AMC Charges is Rs 150 and SAMCO Demat Account AMC Charges is Rs 400.

	Upstox	SAMCO
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 150	Rs 400

Upstox Vs SAMCO Brokerage

Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower 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	Upstox Default	SAMCO Standard
Fixed Charges	NA	NA
Equity Delivery	Rs 20 per executed order or 2.5% whichever is low	Rs 20 per trade or 0.50% (whichever is lower)
Equity Intraday	Rs 20 per executed order or 0.05% whichever is lower	Rs 20 per trade or 0.05% (whichever is lower)
Equity Futures	Rs 20 per executed order or 0.05% whichever is lower	Rs 20 per trade or 0.05% (whichever is lower)
Equity Options	Rs 20 per executed order	Rs 20 per trade
Currency Futures	Rs 20 per executed order or 0.05% whichever is lower	Rs 20 per trade or 0.05% (whichever is lower)
Currency Options	Rs 20 per executed order	Rs 20 per trade
Commodity Futures	Rs 20 per executed order or 0.05% whichever is lower	Rs 20 per trade or 0.05% (whichever is lower)
Commodity Options	Rs 20 per executed order
Special Offer	Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.	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.

Upstox Charges Vs SAMCO

Minimum Brokerage	0.05%	0.5% per executed order for Equity Delivery and 0.05% per executed order for other segments
Other Charges	Auto Square-off Charges: Rs 50
Call & Trade Charges	Rs 20 per trade	Rs 20 per executed order

Upstox Vs SAMCO Transaction Charges

Upstox transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (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).

	Upstox	SAMCO
Equity Delivery	NSE Rs 325 per Cr (0.00325%) \| 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 325 per Cr (0.00325%) \| 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 190 per Cr (0.0019%) \| BSE Rs 0	NSE Rs 200 per Cr (0.002%) \| BSE Rs 100 per Cr (0.001%)
Equity Options	NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3750 per Cr (0.0375%) (on premium)	NSE Rs 5300 per Cr (0.053%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Currency Futures	NSE Rs 90 per Cr (0.0009%) \| BSE Rs 22 per Cr (0.00022%)	NSE Rs 90 per Cr (0.0009%)
Currency Options	NSE Rs 3500 per Cr (0.035%) \| BSE Rs 100 per Cr (0.001%) (on premium)	NSE Rs 3500 per Cr (0.035%) (on premium)
Commodity	Group A - Rs 290 per Cr (0.0029%)	Non-Agri Rs 260 (0.0026%) \| Agri Rs 175 per Crore
	Open Upstox Account	Open SAMCO Account

Upstox Vs SAMCO Leverage (Margin)

Upstox 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.

	Upstox	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 Upstox Account	Open SAMCO Account

Compare Upstox and SAMCO Features

The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. SAMCO offers Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.

	Upstox	SAMCO
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola	Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star
Intraday Square-off Time	3:00 PM	3:15 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Option strategy builder	Margin Products - CashPlus, StockPlus, and BTPT
	Open Upstox Account	Open SAMCO Account

Upstox Vs SAMCO Review

Upstox is rated 2.4 of 5 based on 143 customer reviews whereas SAMCO is rated 3.2 of 5 based on 26 customer reviews.

	Upstox	SAMCO
	143 Customer Reviews	26 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Upstox is rated 2.4 of 5 based on 143 customer reviews	SAMCO is rated 3.2 of 5 based on 26 customer reviews

Contact Broker / Request A Call Back

	Upstox Enquire	SAMCO Enquire
Contact Broker	Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.	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.

Upstox Vs SAMCO Investment Options

	Upstox	SAMCO
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Upstox Vs SAMCO Order Type Offered

	Upstox	SAMCO
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Upstox Account	Open SAMCO Account

Upstox Vs SAMCO Research Report

	Upstox	SAMCO
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Upstox Vs SAMCO Suitable For Investor Type

	Upstox	SAMCO
Casual Investor
Active Investor
Trader

Upstox Vs SAMCO - Pros and Cons

	Upstox	SAMCO
Pros	Zero account opening fee. Zero brokerage for Mutual Fund investment. Flat Rs 20 per trade brokerage for all other segments including equity delivery. Offer direct mutual funds. One app for trading in equity, currency, and commodity. Margin Trading Facility (MTF) is available at interest rate of Rs 20/day for slabs of Rs 40,000. Margin Against Share is available Online IPO, FPO, Bonds, and NCD's are available. Good-Till-Triggered (GTT) orders are available.	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	Equity delivery brokerage fee is Rs 20 per trade. Other brokers like Zerodha offers brokerage-free equity delivery trades. Doesn't offer unlimited trading plans. Doesn't offer margin funding for delivery trades. Doesn't offer stock tips or recommendations. Doesn't offer a 3-in-1 account. Doesn't offer 24/7 customer support. Doesn't offer API access for automated trading. Doesn't offer NRI Trading and Demat account. Doesn't offer BTST Doesn't offer digital gold. Call-and-trade fee is Rs 20 per executed order extra. Automatic settlement charges an additional Rs 50 per executed order. Higher Demat Debit Transaction charges (Rs 18.5 per ISIN). Zerodha charges Rs 13.5. Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.	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	Upstox Special Offer Exclusive offer by Upstox Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades. Pay Rs 0 commission for Mutual Funds. It is a limited-time offer. Open Instant Account and start trading the same day.	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 Upstox Account	Open SAMCO Account

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