SBI Securities Vs SAMCO (Compare SBI Securities and SAMCO)
The side-by-side comparison of SBI Securities and SAMCO. Compare SBI Securities Vs SAMCO brokerage, charges, exposure margin, demat account. Read SAMCO and SBI Securities review.
Find out SBI Securities Vs SAMCO which is better and SBI Securities Vs SAMCO which is best.
Our SBICAP Securities Ltd comparison with SAMCO Securities Limited highlights the major differences between two brokers. Find the best between SBI Securities and SAMCO.
SBI Securities Vs SAMCO
SBI Securities
SAMCO
Find more info about broker
About the Broker
SBICAP Securities Ltd (SSL) is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Deri...
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)...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE
BSE, NSE, MCX, NCDEX
Account Type
eZ-trade
Standard
Broker Enquiry
Year of Incorporation
2001
Number of Branches
117
Enquire SBI Securities
Enquire SAMCO
SBI Securities Vs SAMCO Charges
SBI Securities
SAMCO
Trading Account Opening Fees
₹850
₹0
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹0
₹0
Demat Account AMC
₹350
₹400
Demat Account is Mandatory?
No
No
SBI Securities Vs SAMCO Brokerage
Other Charges
Minimum Brokerage Charges
₹0.05 for Cash, ₹0.01 Future
₹0
Other Brokerage Charges
Call & Trade Charges
₹10 per call (after 30 free calls a month)
₹20 per executed order
SBI Securities Vs SAMCO Taxes
SBI Securities
SAMCO
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
SBI Securities Vs SAMCO Transaction Charges
SBI Securities
SAMCO
Equity Delivery
NSE: 0.00386% | BSE: 0.00384%
NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Intraday
NSE: 0.00386% | BSE: 0.00384%
NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Futures
NSE: 0.002206% (₹221/Crore)
NSE ₹190 per crore | BSE ₹1 per trade (each side)
Equity Options
NSE: 0.05515% (₹5515/Crore)
NSE ₹5000 per crore | BSE ₹1 per trade (each side)
Currency Futures
0.002206%
NSE ₹110 per crore (0.0011%)
Currency Options
NSE: 0.05515% (₹5515/Crore)
NSE ₹4000 (on premium) per crore (0.040%)
Commodity
Non-Agri ₹260 (0.0026%) | Agri ₹175 per Crore
SBI Securities Vs SAMCO Exposure Margin
SBI Securities
SAMCO
Equity Delivery
2x with Intrest
Up to 4x
Equity Intraday
Upto 5x
Normal Orders: 3x to 15x | CO & BO: Up to 33x
Equity Futures
Nil
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options
Nil
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures
Nil
Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options
Nil
Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures
NA
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Commodity Options
SBI Securities and SAMCO Feature Comparison
SBI Securities
SAMCO
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
SBI Smart Express, SBI Smart Web, SBI Smart Mobile
OMNESYS NEST, StockNote
Intraday Square-off Time
2:45 PM
3:15 PM
Other Features
Margin Products - CashPlus, StockPlus, and InstaPlus
Referral Program
SBI Securities Vs SAMCO Review
SBI Securities
SAMCO
130 Customer Reviews
13 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
SBI Securities is Rated 2.6 / 5 based on 130 customer reviews SAMCO is Rated 3.6 / 5 based on 13 customer reviews
SBI Securities Vs SAMCO Investment Options
SBI Securities
SAMCO
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
SBI Securities Vs SAMCO Customer Service
SBI Securities
SAMCO
24/7 Customer Service
Onine Live Chat
Through Branches
SBI Securities Vs SAMCO Order Type Offered
SBI Securities
SAMCO
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
SBI Securities Vs SAMCO Research Report
SBI Securities
SAMCO
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
SBI Securities Vs SAMCO Suitable For Investor Type
SBI Securities
SAMCO
Casual Investor
Active Investor
Trader
SBI Securities Vs SAMCO - Advantages and Disadvantages
SBI Securities
SAMCO
Pros
Offer 3-in-1 account for seamless transactions.
Full-service broker offering services online as well as through branches.
Wide range of investment options.
Free research reports are available.
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
Installable Trading Terminal (exe) is not available for frequent traders.
Good Till Cancelled (GTC) orders are not available.
Very high brokerage.
Commodity (MCX) trading is not available.
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
Promo / Offers
SAMCO has 2 limited time special offers running at this time.
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.
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.
Get the Special Offer
Zerodha
Zero Account Opening Fee