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TradeSmart Vs SAMCO (Compare TradeSmart and SAMCO)

VNS Finance & Capital Services Ltd Logo

About TradeSmart
TradeSmart is a Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. TradeSmart is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorporated in 1994 to offer brokerage service to Indian Stock, Commodity & Currency market investors and trades through franchisee and sub brokers. TradeSmart offers trading in NSE Cash, NSE F&O, NSE Currency derivatives, BSE Cash, MCX Commodities and depository service of... Know more about VNS Finance & Capital Services Ltd

SAMCO Securities Limited Logo

About SAMCO
SAMCO Securities is a Mumbai-based online discount broking firm offering to trade and invest online in stocks, Equity Derivatives, Currency Derivatives, Commodity, 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 invest in an expert-selected basket of stocks selected based on 25+ stock rating parameters. The customers who move from traditional brok... Know more about SAMCO Securities Limited

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TradeSmart Vs SAMCO

Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  TradeSmart SAMCO
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Year of Incorporation 1994
Number of Branches 1
Open TradeSmart AccountOpen SAMCO Account

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TradeSmart Vs SAMCO Charges & AMC

TradeSmart trading account opening charges is Rs 200 while SAMCO account opening changes is Rs 0 (Free). TradeSmart Demat Account AMC Charges is Rs 300 and SAMCO Demat Account AMC Charges is Rs 400.

  TradeSmart SAMCO
Trading Account Opening Charges Rs 200 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 200 Rs 0 (Free)
Demat Account AMC Charges Rs 300 Rs 400

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TradeSmart Vs SAMCO Brokerage

TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas SAMCO brokerage charges for equity is Rs 20 per trade or 0.20% (whichever is lower) and intraday is Rs 20 per trade or 0.02% (whichever is lower).

Account Type TradeSmart Power Plan SAMCO Standard
Fixed Charges NA NA
Equity Delivery Rs 15 per order Rs 20 per trade or 0.20% (whichever is lower)
Equity Intraday Rs 15 per order Rs 20 per trade or 0.02% (whichever is lower)
Equity Futures Rs 15 per order Rs 20 per trade or 0.02% (whichever is lower)
Equity Options Rs 15 per order Rs 20 per trade or 0.02% (whichever is lower)
Currency Futures Rs 15 per order Rs 20 per trade or 0.02% (whichever is lower)
Currency Options Rs 15 per order Rs 20 per trade or 0.02% (whichever is lower)
Commodity Futures Rs 15 per order Rs 20 per trade or 0.02% (whichever is lower)
Commodity Options Rs 15 per order Rs 20 per trade or 0.02% (whichever is lower)
Special Offer
Special Offer: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart 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.

TradeSmart Vs SAMCO Brokerage Plan 2

  TradeSmart SAMCO
Account Type Value Plan Standard
Fixed Charges NA
Equity Delivery 0.07% Rs 20 per trade or 0.20% (whichever is lower)
Equity Intraday 0.007% Rs 20 per trade or 0.02% (whichever is lower)
Equity Futures 0.007% Rs 20 per trade or 0.02% (whichever is lower)
Equity Options Rs 7 Per Lot Rs 20 per trade or 0.02% (whichever is lower)
Currency Futures 0.007% Rs 20 per trade or 0.02% (whichever is lower)
Currency Options Rs 7 Per Lot Rs 20 per trade or 0.02% (whichever is lower)
Commodity Futures 0.007% Rs 20 per trade or 0.02% (whichever is lower)
Commodity Options Rs 7 Per Lot Rs 20 per trade or 0.02% (whichever is lower)
Open TradeSmart AccountOpen SAMCO Account

TradeSmart Charges Vs SAMCO

Minimum Brokerage Rs 15 per executed order 0.2% per executed order for Equity Delivery and 0.02% per executed order for all other segments
Other Charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges Rs 20 per executed order Rs 20 per executed order

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TradeSmart Vs SAMCO Transaction Charges

TradeSmart transaction charges for options is 0.0715% while SAMCO exchange transaction charges for options is NSE Rs 5,300 per crore (0.053%) on Premium | BSE Rs 1 per trade.

  TradeSmart SAMCO
Equity Delivery 0.0035% NSE Rs 345 per crore (0.00345%) | BSE Rs 345 per crore (0.00345%)
Equity Intraday 0.0035% NSE Rs 345 per crore (0.00345%) | BSE Rs 345 per crore (0.00345%)
Equity Futures 0.0024% NSE Rs 200 per crore (0.0020%) | BSE Rs 1 per trade
Equity Options 0.0715% NSE Rs 5,300 per crore (0.053%) on Premium | BSE Rs 1 per trade
Currency Futures 0.00165% NSE - Rs 110 per crore (0.0011%)
Currency Options 0.06% NSE Rs 4,000 per crore (0.040%) on Premium Value
Commodity 0.0039% Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
Open TradeSmart AccountOpen SAMCO Account

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TradeSmart Vs SAMCO Leverage (Margin)

TradeSmart margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SAMCO margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  TradeSmart 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)
Open TradeSmart AccountOpen SAMCO Account

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Compare TradeSmart and SAMCO Features

The trading platforms offered TradeSmart include NEST, NOW, Spin. SAMCO offers StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.

  TradeSmart SAMCO
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform NEST, NOW, Spin StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star
Intraday Square-off Time Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing 3:15 PM
Other Features Margin Products - CashPlus, StockPlus, and BTPT
Referral Program Yes Yes
Open TradeSmart AccountOpen SAMCO Account

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TradeSmart Vs SAMCO Review

TradeSmart is rated 4.0 of 5 based on 67 customer reviews whereas SAMCO is rated 3.1 of 5 based on 22 customer reviews.

  TradeSmart SAMCO
  67 Customer Reviews    Rate TradeSmart 22 Customer Reviews    Rate SAMCO
Fees 3.8 3.4
Brokerage 4.4 3.8
Trading Platform 3.8 2.6
Customer Service 4.0 3.0
Research Capabilities 2.7 2.3
Overall Ratings Rated 4.0 stars Rated 3.1 stars
Broker Rating TradeSmart is rated 4.0 of 5 based on 67 customer reviews SAMCO is rated 3.1 of 5 based on 22 customer reviews

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Contact Broker / Request A Call Back

  TradeSmart Enquire SAMCO Enquire
Contact Broker Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart 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.

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TradeSmart Vs SAMCO Investment Options

  TradeSmart SAMCO
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO No Yes
Mutual Funds Yes Yes
Bond / NCD Yes
Debt No No
Other Investment Options

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TradeSmart Vs SAMCO Order Type Offered

  TradeSmart SAMCO
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes
Open TradeSmart AccountOpen SAMCO Account

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TradeSmart Vs SAMCO Research Report

  TradeSmart SAMCO
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No

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TradeSmart Vs SAMCO Suitable For Investor Type

  TradeSmart SAMCO
Casual Investor
Active Investor Yes
Trader Yes Yes

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TradeSmart Vs SAMCO - Pros and Cons

  TradeSmart SAMCO
Pros
  • Unlike most of the discount brokers; TradeSmart offers 2 unique brokerage plans designed in such a way that it suits every trading strategy. Switching between these plans is made very easy which offers great flexibility.
  • TSO offers to invest in Mutual Funds, Bonds and Offer For Sale (OFS). These financial instruments are not available with most discount brokers including other popular discount brokers like Zerodha and RKSV.
  • Excellent referral benefits are available. The customer receives 10% credit of the brokerage generated by the clients referred by them.
  • No minimum amount is needed to open or maintain a trading account with TSO.
  • Customer service is available through live chat on its website. This is very convenient for many customers.
  • TradeSmart is in the stock broking industry since 1994.
  • TSO's online knowledgebase has a lot of information which is helpful for most customers.
  • 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
  • Call and Trade is charged at extra Rs 20 per executed order.
  • Physical contract notes Rs 20 per contract note + courier charges
  • Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20.
  • 24/7 customer service is not available.
  • Facility to invest in IPO's is not available.
  • Doesn't provide daily market report, free tips, news alerts and technical analysis.
  • 3-in-1 accounts are not available as company doesn't provide banking services.
  • No branch offices.
  • Mutual Fund investment is now available.
  • Online IPO applications are not available.
  • Additional charges for broker assisted traders (Call & Trade).
Reviews Useful Articles:
Promo / Offers

Flat Rs 15 per trade

  • Flat Rs 15 per trade across all segments +
  • Get Margin against your shares +
  • API for alog trading.

This is a limited-time offer. Open Instant TradeSmart Account online and start trading today.

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.

Open TradeSmart AccountOpen SAMCO Account

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