Upstox Vs SAMCO Share Broker Comparison
The side-by-side comparison of Upstox and SAMCO Securities Limited stock brokers in India. The comparison below highlights the similarities and differences between Upstox and SAMCO's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Upstox and SAMCO.
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Upstox |
SAMCO Securities Limited |
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| About the Broker |
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro ...  |
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
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Discount Broker |
Discount Broker |
| Supported Exchnage
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BSE, NSE, MCX |
BSE, NSE, MCX, NCDEX |
| Account Type
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Upstox Basic |
Standard |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Upstox |
SAMCO Securities Limited |
| Trading Account Opening Fees
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₹150 (Eq and F&O), ₹150 (MCX) |
₹0 |
| Trading Account AMC
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₹0 |
₹0 |
| Demat Account Opening Fees
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₹0 |
₹0 |
| Demat Account AMC
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₹150 (paid upfront) |
₹400 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Upstox |
SAMCO Securities Limited |
| Account Type |
Upstox Basic |
Standard |
| Fixed Charges
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₹0 |
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| Equity Delivery Brokerage
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₹0 |
₹20 per executed order |
| Equity Intraday Brokerage
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₹20 per trade or 0.01% (whichever is lower) |
₹20 per executed order |
| Equity Futures Brokerage
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₹20 per trade or 0.01% (whichever is lower) |
₹20 per executed order |
| Equity Options Brokerage
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₹20 per trade or 0.01% (whichever is lower) |
₹20 per executed order |
| Currency Futures Trading Brokerage
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₹20 per trade or 0.01% (whichever is lower) |
₹20 per executed order |
| Currency Options Trading Brokerage
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₹20 per trade or 0.01% (whichever is lower) |
₹20 per executed order |
| Commodity Futures Trading Brokerage
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₹20 per trade or 0.01% (whichever is lower) |
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| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Upstox |
SAMCO Securities Limited |
| Account Type |
Upstox Priority |
Standard |
| Fixed Charges
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₹0 |
NA |
| Equity Delivery Brokerage
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₹0 |
₹20 per executed order |
| Equity Intraday Brokerage
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₹30 per trade or 0.05% (whichever is lower) |
₹20 per executed order |
| Equity Futures Brokerage
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₹30 per trade or 0.05% (whichever is lower) |
₹20 per executed order |
| Equity Options Brokerage
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₹30 per trade or 0.05% (whichever is lower) |
₹20 per executed order |
| Currency Futures Trading Brokerage
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₹30 per trade or 0.05% (whichever is lower) |
₹20 per executed order |
| Currency Options Trading Brokerage
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₹30 per trade or 0.05% (whichever is lower) |
₹20 per executed order |
| Commodity Futures Trading Brokerage
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₹30 per trade or 0.05% (whichever is lower) |
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| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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₹0 |
₹0 |
| Other Brokerage Charges
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| Call & Trade Charges
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₹20 per trade |
₹20 per executed order |
Taxes
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Upstox |
SAMCO Securities Limited |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Upstox |
SAMCO Securities Limited |
| Equity Delivery
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NSE ₹325 | BSE ₹275 |
NSE ₹325 per crore | BSE ₹1 per trade (each side) |
| Equity Intraday
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NSE ₹325 | BSE ₹275 |
NSE ₹325 per crore | BSE ₹1 per trade (each side) |
| Equity Futures
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NSE ₹210 |
NSE ₹190 per crore | BSE ₹1 per trade (each side) |
| Equity Options
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NSE ₹5500 |
NSE ₹5000 per crore | BSE ₹1 per trade (each side) |
| Currency Futures
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₹150 |
NSE ₹110 per crore (0.0011%) |
| Currency Options
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₹6000 |
NSE ₹4000 (on premium) per crore (0.040%) |
| Commodity
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MCX ₹260/Cr |
Non-Agri ₹260 (0.0026%) | Agri ₹175 per Crore |
Exposure
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Upstox |
SAMCO Securities Limited |
| Equity Delivery
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1x |
1x (no margin) |
| Equity Intraday
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Regular: 15x | Priority Pack: 20x | Regular CO: 20x | Priority Pack CO: 25x |
Normal Orders: 3x to 15x | CO & BO: Up to 33x |
| Equity Futures
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Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 6x |
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Equity Options
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Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x |
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Futures
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Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x |
Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Options
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Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x |
Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Commodity
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Regular: 2.5x | Priority Pack: 3x | Regular CO: 3x | Priority Pack CO: 4x |
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
Share Broker Features
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Upstox |
SAMCO Securities Limited |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola |
OMNESYS NEST, StockNote |
| Intraday Square-off Time
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3:15 PM |
3:15 PM |
| Other Features
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Margin Products - CashPlus, StockPlus, and InstaPlus |
Broker Ratings (Average User Rating)
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Upstox |
SAMCO Securities Limited |
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46 Customer Reviews  |
11 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Upstox is Rated 2.5 / 5 based on 46 customer reviews |
SAMCO is Rated 3.7 / 5 based on 11 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Upstox |
SAMCO Securities Limited |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Customer Service Offered
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Upstox |
SAMCO Securities Limited |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Upstox |
SAMCO Securities Limited |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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Upstox |
SAMCO Securities Limited |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Upstox |
SAMCO Securities Limited |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Upstox |
SAMCO Securities Limited |
| Pros
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- Upstox basic plan offers brokerage free trading in Equity Delivery segment.
- No brokerage for equity delivery trades.
- Free trading software including mobile and web trading app.
- Advance orders including AMO, CO and BO are available.
- Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all.
- AmiBroker connector available for Algo Trading.
- Mutual Funds are available for investment.
- Higher leverage is available under different brokerage plan.
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
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- No margin funding.
- No equity 'good till cancelled' orders.
- Unlimited monthly plans not available.
- Additional fee for call & trader.
- Additional fee for square off done by the broker.
- Higher demat debit transaction charges.
- Online IPO, FPO, Bonds and NCD's are not available.
- No stock tips or recommendations.
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
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Useful articles about Upstox:
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| Promo / Offers
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Get Account Opening Fee Refunded
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. In addition get you account opening fees refunded as brokerage cashback. To open an account with Upstox, simply leave your contact information with us and Upstox representatives will call you.
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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.
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Enquire about Upstox
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| Compare More Brokers |
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Zerodha
Zero Account Opening Fee