Mirae Asset Sharekhan Vs SAMCO (Compare Mirae Asset Sharekhan and SAMCO)

About Mirae Asset Sharekhan

Established in 2000, Mirae Asset Sharekhan (formerly known as Sharekhan) is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (www.sharekhan.com), TradeTiger (desktop trading software), Sharekhan App an... Know more about Mirae Asset Sharekhan

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... Know more about SAMCO

Mirae Asset Sharekhan Vs SAMCO

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Incorporated in 2000, Mirae Asset Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 2800 branches across India. Incorporated in 1995, SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India.

 Mirae Asset SharekhanSAMCO
Type of BrokerFull Service BrokerDiscount Broker
Exchnage MembershipBSE, NSE, MCX, NCDEXBSE, NSE, MCX
Year of Incorporation20001995
Number of Branches28000

Mirae Asset Sharekhan Vs SAMCO Charges & AMC

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Mirae Asset Sharekhan trading account opening charges is Rs 0 (Free) while SAMCO account opening changes is Rs 0 (Free). Mirae Asset Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and SAMCO Demat Account AMC Charges is First Year: Free, Rs 400 (Free for 1st year).

 Mirae Asset SharekhanSAMCO
Trading Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Trading Account AMC ChargesRs 0 (Free)Rs 0 (Free)
Demat Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Demat Account AMC ChargesRs 400 (Free for 1st year)First Year: Free, Rs 400 (Free for 1st year)

Mirae Asset Sharekhan Vs SAMCO Brokerage

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Mirae Asset Sharekhan Brokerage Charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share 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 TypeMirae Asset Sharekhan Classic AccountSAMCO Standard
Fixed ChargesNA
Equity Delivery0.30% on market rate or minimum 1 paisa per share0.5% of the transaction value or ₹20 per executed order
Equity Intraday0.02% on market rate or minimum 1 paisa per share0.5% of the transaction value or ₹20 per executed order
Equity Futures0.02% per transaction value0.5% of the transaction value or ₹20 per executed order
Equity OptionsRs 39 per lot₹20 per executed order (or 0.5% of the transaction value, whichever is lower).
Currency Futures0.02% per transaction value0.5% of the transaction value or ₹20 per executed order (whichever is lower).
Currency OptionsRs 5 per lot₹20 per executed order (or 0.5% of the transaction value,
Commodity Futures0.10% (one side)0.5% of the transaction value or ₹20 per
Commodity Options1% on premium or ₹150, whichever is higher₹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.

Mirae Asset Sharekhan Vs SAMCO Brokerage Plan 2

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 Mirae Asset SharekhanSAMCO
Account TypePrepaid - Rs 1 LakhStandard
Fixed ChargesRs 1,00,000 per yearNA
Equity Delivery0.10%0.5% of the transaction value or ₹20 per executed order
Equity Intraday0.015%0.5% of the transaction value or ₹20 per executed order
Equity Futures0.015%0.5% of the transaction value or ₹20 per executed order
Equity Options0.05% or Rs 63 per lot₹20 per executed order (or 0.5% of the transaction value, whichever is lower).
Currency Futures0.02% per transaction value0.5% of the transaction value or ₹20 per executed order (whichever is lower).
Currency OptionsRs 5 per lot₹20 per executed order (or 0.5% of the transaction value,
Commodity Futures0.10% (one side)0.5% of the transaction value or ₹20 per
Commodity Options1% on premium or ₹150, whichever is higher₹20 per executed order (or 0.5% of the transaction value)

Mirae Asset Sharekhan Vs SAMCO Brokerage Plan 3

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 Mirae Asset SharekhanSAMCO
Account TypeMargin - Rs 1 LakhStandard
Fixed ChargesRs 1,00,000 marginNA
Equity Delivery0.25%0.5% of the transaction value or ₹20 per executed order
Equity Intraday0.05%0.5% of the transaction value or ₹20 per executed order
Equity Futures0.05%0.5% of the transaction value or ₹20 per executed order
Equity Options1% or Rs 70 per lot₹20 per executed order (or 0.5% of the transaction value, whichever is lower).
Currency Futures0.02% per transaction value0.5% of the transaction value or ₹20 per executed order (whichever is lower).
Currency OptionsRs 5 per lot₹20 per executed order (or 0.5% of the transaction value,
Commodity Futures0.10% (one side)0.5% of the transaction value or ₹20 per
Commodity Options1% on premium or ₹150, whichever is higher₹20 per executed order (or 0.5% of the transaction value)

Mirae Asset Sharekhan Charges Vs SAMCO

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Minimum BrokerageIntraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share0.5% per executed order for Equity Delivery and 0.05% per executed order for other segments
Other ChargesAuto-Square off charges: Rs 50 per order OFS / Buyback : Rs 50 per order
Call & Trade ChargesRs 20Rs 50 + GST

Mirae Asset Sharekhan Vs SAMCO Leverage (Margin)

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Mirae Asset Sharekhan 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.

 Mirae Asset SharekhanSAMCO
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp 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)

Compare Mirae Asset Sharekhan and SAMCO Features

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The trading platforms offered Mirae Asset Sharekhan include TradeTiger, Sharekhan Mobile. SAMCO offers Samco Mobile App, Nest Trader, Samco Trade API, RankMF, StockBasket, Samco Star trading software.

 Mirae Asset SharekhanSAMCO
3 in 1 AccountNoNo
Automated TradingYesYes
Margin Trading FundingYesYes
Margin Against Shares (Equity Cash)YesYes
Margin Against Shares (Equity F&O)YesYes
Trading PlatformTradeTiger, Sharekhan MobileSamco Mobile App, Nest Trader, Samco Trade API, RankMF, StockBasket, Samco Star
Intraday Square-off Time3:30 PM3:15 PM
Trading In SME Shares Allowed?YesYes
Referral ProgramNoYes
Other FeaturesPattern finder, Class room trainingStock SIP, US Stocks

Mirae Asset Sharekhan Vs SAMCO Review

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Mirae Asset Sharekhan is rated of 5 based on 316 customer reviews whereas SAMCO is rated of 5 based on 26 customer reviews.

 Mirae Asset SharekhanSAMCO
 316 Customer Reviews    Rate Mirae Asset Sharekhan26 Customer Reviews    Rate SAMCO
FeesRated 3.0 starsRated 3.4 stars
BrokerageRated 2.8 starsRated 3.8 stars
Trading PlatformRated 3.7 starsRated 2.8 stars
Customer ServiceRated 3.3 starsRated 3.2 stars
Research CapabilitiesRated 3.1 starsRated 2.6 stars
Overall RatingRated 3.3 starsRated 3.2 stars
Broker RatingMirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviewsSAMCO is Rated 3.2 / 5 based on 26 customer reviews

Contact Broker / Request A Call Back

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 Mirae Asset SharekhanSAMCO
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.

Mirae Asset Sharekhan Vs SAMCO Investment Options

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 Mirae Asset SharekhanSAMCO
Stock / EquityYesYes
CommodityYesYes
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesYes
DebtYesNo

Mirae Asset Sharekhan Vs SAMCO Order Type Offered

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Mirae Asset Sharekhan Vs SAMCO Suitable For Investor Type

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 Mirae Asset SharekhanSAMCO
Casual InvestorYesYes
Active InvestorYesYes
TraderNoYes

Mirae Asset Sharekhan Vs SAMCO - Pros and Cons

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 Mirae Asset SharekhanSAMCO
Pros
  1. Sharekhan offers different trading platforms to suit customer requirements. This includes online browser-based trading, an Installable terminal, mobile, call-n-trade and in-person trade through branch offices.
  2. It offers different brokerage slabs to suit individual customers. Higher your trade your brokerage gets reduced. They have multiple brokerage schemas available to them.
  3. Sharekhan offers online and classroom training, seminars and workshops to investors.
  4. Sharekhan doesn't charge for Online Funds Transfer from a bank account and Funds Pay-out to a bank account.
  5. Sharekhan doesn't charge for DP transactions. Share transfer from and to the DP account is free.
  6. Sharekhan has an India-wide network of branches. You can surely find a Sharekhan in your neighbourhood.
  7. Call & Trade facility is free with Sharekhan.
  8. Sharekhan allows fixed deposits as collateral for future and option trading.
  • 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
  1. Sharekhan doesn't offer 3-in-1 accounts as they don't provide banking services.
  2. Classic account holders cannot trade Commodities, as the segment has to be activated separately.
  3. As a full-service broker that provides Customer Support and assistance via RMs, their charges are basis a percentage of the Securities being traded and not a flat fee.
  • 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

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

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.

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