About SBI Securities
SBI Securities Ltd is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SBI Securities is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders.
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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...
Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX ,NCDEX, MSEI. It has 160 branches across India. Incorporated in 1995, SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India.
| SBI Securities | SAMCO | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | NSE, BSE, MCX ,NCDEX, MSEI | BSE, NSE, MCX |
| Year of Incorporation | 2001 | 1995 |
| Number of Branches | 160 | 0 |
SBI Securities trading account opening charges is Rs 0 while SAMCO account opening changes is Rs 0 (Free). SBI Securities Demat Account AMC Charges is Rs 500 and SAMCO Demat Account AMC Charges is First Year: Free, Rs 400 (Free for 1st year).
| SBI Securities | SAMCO | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 500 | First Year: Free, Rs 400 (Free for 1st year) |
SBI Securities Brokerage Charges for equity is 0.35% and intraday is Rs 20 per order whereas 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.
| Account Type | SBI Securities PLAN 499 | SAMCO Standard |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.35% | 0.5% of the transaction value or ₹20 per executed order |
| Equity Intraday | Rs 20 per order | 0.5% of the transaction value or ₹20 per executed order |
| Equity Futures | 0.05% | 0.5% of the transaction value or ₹20 per executed order |
| Equity Options | Rs 50 per lot (sell and buy side) | ₹20 per executed order (or 0.5% of the transaction value, whichever is lower). |
| Currency Futures | Rs 20 per lot | 0.5% of the transaction value or ₹20 per executed order (whichever is lower). |
| Currency Options | Rs 20 per lot | ₹20 per executed order (or 0.5% of the transaction value, |
| Commodity Futures | 0.05% | 0.5% of the transaction value or ₹20 per |
| Commodity Options | Rs 50 (sell and buy side) | ₹20 per executed order (or 0.5% of the transaction value) |
| Special Offer | 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. | 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. |
| SBI Securities | SAMCO | |
|---|---|---|
| Account Type | OIOP - 3K | Standard |
| Fixed Charges | NA | |
| Equity Delivery | 0.20% | 0.5% of the transaction value or ₹20 per executed order |
| Equity Intraday | Rs 20 per order | 0.5% of the transaction value or ₹20 per executed order |
| Equity Futures | Rs 20 per order | 0.5% of the transaction value or ₹20 per executed order |
| Equity Options | Rs 20 per order | ₹20 per executed order (or 0.5% of the transaction value, whichever is lower). |
| Currency Futures | Rs 20 per order | 0.5% of the transaction value or ₹20 per executed order (whichever is lower). |
| Currency Options | Rs 20 per order | ₹20 per executed order (or 0.5% of the transaction value, |
| Commodity Futures | 0.05% | 0.5% of the transaction value or ₹20 per |
| Commodity Options | Rs 50 (sell and buy side) | ₹20 per executed order (or 0.5% of the transaction value) |
| SBI Securities | SAMCO | |
|---|---|---|
| Account Type | OIOP - 5K | Standard |
| Fixed Charges | NA | |
| Equity Delivery | 0.20% | 0.5% of the transaction value or ₹20 per executed order |
| Equity Intraday | Rs 20 per order | 0.5% of the transaction value or ₹20 per executed order |
| Equity Futures | Rs 20 per order | 0.5% of the transaction value or ₹20 per executed order |
| Equity Options | Rs 20 per order | ₹20 per executed order (or 0.5% of the transaction value, whichever is lower). |
| Currency Futures | Rs 20 per order | 0.5% of the transaction value or ₹20 per executed order (whichever is lower). |
| Currency Options | Rs 20 per order | ₹20 per executed order (or 0.5% of the transaction value, |
| Commodity Futures | 0.05% | 0.5% of the transaction value or ₹20 per |
| Commodity Options | Rs 50 (sell and buy side) | ₹20 per executed order (or 0.5% of the transaction value) |
| Minimum Brokerage | Rs 0.01 per executed order | 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 per order OFS / Buyback : Rs 50 per order | |
| Call & Trade Charges | Rs 10 per call for Call & Trade services | Rs 50 + GST |
SBI 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 trading is up to 20% of the trade value (4x leverage) based on the stock.
| SBI 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) |
The trading platforms offered SBI Securities include SBI Securities: Stocks & SIP. SAMCO offers Samco Mobile App, Nest Trader, Samco Trade API, RankMF, StockBasket, Samco Star trading software.
| SBI Securities | SAMCO | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | SBI Securities: Stocks & SIP | Samco Mobile App, Nest Trader, Samco Trade API, RankMF, StockBasket, Samco Star |
| Intraday Square-off Time | 2:45 PM | 3:15 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Stock SIP, US Stocks | |
SBI Securities is rated of 5 based on 165 customer reviews whereas SAMCO is rated of 5 based on 26 customer reviews.
| SBI Securities | SAMCO | |
|---|---|---|
165 Customer Reviews  | 26 Customer Reviews | |
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| Research Capabilities |  | |
| Overall Rating |  | |
| Broker Rating | SBI Securities is Rated 2.5 / 5 based on 165 customer reviews | SAMCO is Rated 3.2 / 5 based on 26 customer reviews |
| SBI Securities | SAMCO | |
|---|---|---|
| Contact Broker | 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. | 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. |
| SBI Securities | SAMCO | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| SBI Securities | SAMCO | |
|---|---|---|
| Casual Investor | | |
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| Trader | | |
| SBI Securities | SAMCO | |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| 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. |
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