SBI Securities Vs SAMCO (Compare SBI Securities and SAMCO)

SBI Securities Vs SAMCO

Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

	SBI Securities	SAMCO
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX, NCDEX
Year of Incorporation	2001
Number of Branches	117
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SBI Securities Vs SAMCO Charges & AMC

SBI Securities trading account opening charges is Rs 850 while SAMCO account opening changes is Rs 0 (Free). SBI Securities Demat Account AMC Charges is Rs 350 and SAMCO Demat Account AMC Charges is Rs 400.

	SBI Securities	SAMCO
Trading Account Opening Charges	Rs 850	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 350	Rs 400

SBI Securities Vs SAMCO Brokerage

SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas SAMCO brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.

	SBI Securities	SAMCO
Account Type	eZ-trade	Standard
Fixed Charges		NA
Equity Delivery	0.50%	Rs 20 per executed order
Equity Intraday	0.05%	Rs 20 per executed order
Equity Futures	0.05%	Rs 20 per executed order
Equity Options	Rs 100 per lot	Rs 20 per executed order
Currency Futures	0.03%	Rs 20 per executed order
Currency Options	Rs 30 per lot	Rs 20 per executed order
Commodity Futures	NA
Commodity Options	NA
Special Offer		Special Offer: Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Get the offer

SBI Securities Charges Vs SAMCO

Minimum Brokerage	Rs 0.05 for Cash, Rs 0.01 Future	Rs 0
Other Charges
Call & Trade Charges	Rs 10 per call (after 30 free calls a month)	Rs 20 per executed order

SBI Securities Vs SAMCO Transaction Charges

SBI Securities transaction charges for options is NSE: 0.05515% (Rs 5515/Crore) while SAMCO exchange transaction charges for options is NSE Rs 5000 per crore | BSE Rs 1 per trade (each side).

	SBI Securities	SAMCO
Equity Delivery	NSE: 0.00386% | BSE: 0.00384%	NSE Rs 325 per crore | BSE Rs 1 per trade (each side)
Equity Intraday	NSE: 0.00386% | BSE: 0.00384%	NSE Rs 325 per crore | BSE Rs 1 per trade (each side)
Equity Futures	NSE: 0.002206% (Rs 221/Crore)	NSE Rs 190 per crore | BSE Rs 1 per trade (each side)
Equity Options	NSE: 0.05515% (Rs 5515/Crore)	NSE Rs 5000 per crore | BSE Rs 1 per trade (each side)
Currency Futures	0.002206%	NSE Rs 110 per crore (0.0011%)
Currency Options	NSE: 0.05515% (Rs 5515/Crore)	NSE Rs 4000 (on premium) per crore (0.040%)
Commodity		Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
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SBI Securities Vs SAMCO Leverage (Margin)

SBI Securities margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the SAMCO margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	SBI Securities	SAMCO
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare SBI Securities and SAMCO Features

The trading platforms offered SBI Securities include SBI Smart Express, SBI Smart Web, SBI Smart Mobile. SAMCO offers OMNESYS NEST, StockNote trading software.

	SBI Securities	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	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
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SBI Securities Vs SAMCO Review

SBI Securities is rated 2.6 of 5 based on 145 customer reviews whereas SAMCO is rated 3.3 of 5 based on 20 customer reviews.

	SBI Securities	SAMCO
	145 Customer Reviews	20 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	SBI Securities is rated 2.6 of 5 based on 145 customer reviews	SAMCO is rated 3.3 of 5 based on 20 customer reviews

SBI Securities Vs SAMCO Investment Options

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

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)
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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 - Pros and Cons

	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.	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	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.	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		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
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