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TradeSmart Vs SAMCO (Compare TradeSmart and SAMCO)

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...

TradeSmart Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

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...

SAMCO Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

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 Account	Open SAMCO Account

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

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 Account	Open 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

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 Account	Open SAMCO Account

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 Account	Open SAMCO Account

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
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	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
	Open TradeSmart Account	Open SAMCO Account

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	22 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
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

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.

TradeSmart Vs SAMCO Investment Options

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

TradeSmart Vs SAMCO Order Type Offered

	TradeSmart	SAMCO
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open TradeSmart Account	Open SAMCO Account

TradeSmart Vs SAMCO Research Report

	TradeSmart	SAMCO
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

TradeSmart Vs SAMCO Suitable For Investor Type

	TradeSmart	SAMCO
Casual Investor
Active Investor
Trader

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: Know more about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)
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 Account	Open SAMCO Account

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