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Upstox Vs SAMCO (Compare Upstox and SAMCO)

Upstox Logo

About Upstox
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 Web and Upstox Pro Mobile trading platforms. Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix. Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo... Know more about Upstox

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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Upstox Vs SAMCO

Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  Upstox SAMCO
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Year of Incorporation 2012
Number of Branches 4
Open Upstox AccountOpen SAMCO Account

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Upstox Vs SAMCO Charges & AMC

Upstox trading account opening charges is Rs 249 while SAMCO account opening changes is Rs 0 (Free). Upstox Demat Account AMC Charges is Rs 0 (Free) and SAMCO Demat Account AMC Charges is Rs 400.

  Upstox SAMCO
Trading Account Opening Charges Rs 249 Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 0 (Free) Rs 400

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Upstox Vs SAMCO Brokerage

Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower 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 Upstox Default SAMCO Standard
Fixed Charges NA NA
Equity Delivery Rs 20 per executed order or 2.5% whichever is low Rs 20 per trade or 0.20% (whichever is lower)
Equity Intraday Rs 20 per executed order or 0.05% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)
Equity Futures Rs 20 per executed order or 0.05% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)
Equity Options Rs 20 per executed order Rs 20 per trade or 0.02% (whichever is lower)
Currency Futures Rs 20 per executed order or 0.05% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)
Currency Options Rs 20 per executed order Rs 20 per trade or 0.02% (whichever is lower)
Commodity Futures Rs 20 per executed order or 0.05% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)
Commodity Options Rs 20 per executed order Rs 20 per trade or 0.02% (whichever is lower)
Special Offer
Special Offer: FREE Account Opening + Rs 1000 brokerage credit + Rs 0 Demat AMC + Pay flat Rs 20 per trade for delivery, 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.

Upstox Charges Vs SAMCO

Minimum Brokerage 0.05% 0.2% per executed order for Equity Delivery and 0.02% per executed order for all other segments
Other Charges Auto Square-off Charges: Rs 50
Call & Trade Charges Rs 20 per trade Rs 20 per executed order

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Upstox Vs SAMCO Transaction Charges

Upstox transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while SAMCO exchange transaction charges for options is NSE Rs 5,300 per crore (0.053%) on Premium | BSE Rs 1 per trade.

  Upstox SAMCO
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 345 per crore (0.00345%) | BSE Rs 345 per crore (0.00345%)
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 345 per crore (0.00345%) | BSE Rs 345 per crore (0.00345%)
Equity Futures NSE Rs 200 per Cr (0.002%) NSE Rs 200 per crore (0.0020%) | BSE Rs 1 per trade
Equity Options NSE Rs 5300 per Cr (0.053%) (on premium) NSE Rs 5,300 per crore (0.053%) on Premium | BSE Rs 1 per trade
Currency Futures NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%) NSE - Rs 110 per crore (0.0011%)
Currency Options NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium) NSE Rs 4,000 per crore (0.040%) on Premium Value
Commodity Group A - Rs 290 per Cr (0.0029%) Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
Open Upstox AccountOpen SAMCO Account

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Upstox Vs SAMCO Leverage (Margin)

Upstox 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.

  Upstox 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 Upstox AccountOpen SAMCO Account

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Compare Upstox and SAMCO Features

The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. SAMCO offers StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.

  Upstox SAMCO
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) No Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star
Intraday Square-off Time 3:00 PM 3:15 PM
Other Features Option strategy builder Margin Products - CashPlus, StockPlus, and BTPT
Referral Program Yes Yes
Open Upstox AccountOpen SAMCO Account

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Upstox Vs SAMCO Review

Upstox is rated 2.4 of 5 based on 126 customer reviews whereas SAMCO is rated 3.1 of 5 based on 22 customer reviews.

  Upstox SAMCO
  126 Customer Reviews    Rate Upstox 22 Customer Reviews    Rate SAMCO
Fees 3.4 3.4
Brokerage 3.5 3.8
Trading Platform 2.6 2.6
Customer Service 2.3 3.0
Research Capabilities 2.3 2.3
Overall Ratings Rated 2.4 stars Rated 3.1 stars
Broker Rating Upstox is rated 2.4 of 5 based on 126 customer reviews SAMCO is rated 3.1 of 5 based on 22 customer reviews

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Contact Broker / Request A Call Back

  Upstox Enquire SAMCO Enquire
Contact Broker FREE Account Opening + Rs 1000 brokerage credit + Rs 0 Demat AMC + Pay flat Rs 20 per trade for delivery, 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.

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Upstox Vs SAMCO Investment Options

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

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Upstox Vs SAMCO Order Type Offered

  Upstox SAMCO
Bracket Order No 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) No
Open Upstox AccountOpen SAMCO Account

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Upstox Vs SAMCO Research Report

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

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Upstox Vs SAMCO Suitable For Investor Type

  Upstox SAMCO
Casual Investor Yes
Active Investor Yes
Trader Yes Yes

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Upstox Vs SAMCO - Pros and Cons

  Upstox SAMCO
Pros
  • Zero account opening fee.
  • Zero brokerage for trading in Equity Delivery (Cash & Carry).
  • Zero brokerage for Mutual Fund investment.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Offer direct mutual funds.
  • Free trading software for mobile and web browsers.
  • One app for trading in equity, currency, and commodity.
  • Margin Against Share is available
  • Online IPO, FPO, Bonds, and NCD's 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
  • No margin funding.
  • It does not offer the 'Good Till Canceled (GTC) order type.
  • It does not offer BTST facility.
  • Unlimited monthly plans not available.
  • No stock tips or recommendations.
  • It charges an additional fee for call & trade.
  • It charges an additional fee of Rs 50 for auto-square-off done by the broker.
  • Higher demat debit transaction charges.
  • Upstox doesn't offer NRI Trading and Demat Account.
  • Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
  • Doesn't offer digital gold.
  • 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

Exclusive offer by Upstox

  • FREE Account Opening.
  • Get Rs 1000 brokerage credit.
  • Rs 0 Demat AMC.
  • Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades.
  • Pay Rs 0 commission for Mutual Funds.

It is a limited-time offer. Open Instant Account and start trading the same day.

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 Upstox AccountOpen SAMCO Account

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