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... 
About Monarch Networth
Incorporated in 1993, Monarch Networth Capital Limited (MNCL) is a full-service broker that offers a cost-effective fee structure and multiple product offerings.
The company is an accredited stock broker with BSE, NSDL, MCX, NCDEX, NMCE & DGCX and uses NSDL and CDSL for custodial services. It is also registered with AMFI for mutual fund distribution.
Monarch Networth Capital Key Offerings
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Incorporated in 1995, SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India. Incorporated in 1993, Monarch Networth is a Full Service Broker. It offers trading at BSE, NSE, MCX & NCDEX. It has 71 branches across India.
| SAMCO | Monarch Networth | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX & NCDEX |
| Year of Incorporation | 1995 | 1993 |
| Number of Branches | 0 | 71 |
SAMCO trading account opening charges is Rs 0 (Free) while Monarch Networth account opening changes is Rs 0 (Free). SAMCO Demat Account AMC Charges is First Year: Free, Rs 400 (Free for 1st year) and Monarch Networth Demat Account AMC Charges is Rs 350 PA.
| SAMCO | Monarch Networth | |
|---|---|---|
| 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 | First Year: Free, Rs 400 (Free for 1st year) | Rs 350 PA |
SAMCO Brokerage Charges for equity is 0.5% of the transaction value or ₹20 per executed order and intraday is 0.5% of the transaction value or ₹20 per executed order whereas Monarch Networth brokerage charges for equity is 0.15% and Intraday is 0.01%.
| Account Type | SAMCO Standard | Monarch Networth General Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.5% of the transaction value or ₹20 per executed order | 0.15% |
| Equity Intraday | 0.5% of the transaction value or ₹20 per executed order | 0.01% |
| Equity Futures | 0.5% of the transaction value or ₹20 per executed order | Rs 15 per lot |
| Equity Options | ₹20 per executed order (or 0.5% of the transaction value, whichever is lower). | Rs 15 per lot |
| Currency Futures | 0.5% of the transaction value or ₹20 per executed order (whichever is lower). | 0.01% |
| Currency Options | ₹20 per executed order (or 0.5% of the transaction value, | Rs 15 per lot |
| Commodity Futures | 0.5% of the transaction value or ₹20 per | 0.01% |
| Commodity Options | ₹20 per executed order (or 0.5% of the transaction value) | Rs 15 per lot |
| Special 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. | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Minimum Brokerage | 0.5% per executed order for Equity Delivery and 0.05% per executed order for other segments | Rs 15 per lot |
| Other Charges | Auto-Square off charges: Rs 50 per order OFS / Buyback : Rs 50 per order | |
| Call & Trade Charges | Rs 50 + GST | |
SAMCO margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Monarch Networth margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| SAMCO | Monarch Networth | |
|---|---|---|
| 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) |
The trading platforms offered SAMCO include Samco Mobile App, Nest Trader, Samco Trade API, RankMF, StockBasket, Samco Star. Monarch Networth offers trading software.
| SAMCO | Monarch Networth | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Samco Mobile App, Nest Trader, Samco Trade API, RankMF, StockBasket, Samco Star | |
| Intraday Square-off Time | 3:15 PM | 3:20 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Stock SIP, US Stocks | |
SAMCO is rated of 5 based on 26 customer reviews whereas Monarch Networth is rated of 5 based on 0 customer reviews.
| SAMCO | Monarch Networth | |
|---|---|---|
26 Customer Reviews  | 0 Customer Reviews | |
| Fees |  |  |
| Brokerage |  | |
| Trading Platform |  | |
| Customer Service |  | |
| Research Capabilities |  | |
| Overall Rating | | |
| Broker Rating | SAMCO is Rated 3.2 / 5 based on 26 customer reviews | Monarch Networth is Rated / 5 based on 0 customer reviews |
| SAMCO | Monarch Networth | |
|---|---|---|
| Contact Broker | 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. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| SAMCO | Monarch Networth | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| SAMCO | Monarch Networth | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| SAMCO | Monarch Networth | |
|---|---|---|
| Pros |
| FREE account opening! Open an Instant Account & start investing with minimum brokerage along with benefit of research. |
| Cons |
| Free Account Opening
This is a limited time offer. Open an instant account online and start trading today. |
| Reviews | ||
| Promo / Offers | SAMCO Special OfferFree Account Opening + 100% Brokerage Refund for 1st Month + 0 AMC 1st Year
It is a limited-time offer. Open Instant Account online and start trading the same day. | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
|
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