Compare Articles Reports Glossary Complaints

Upstox Vs SAMCO (Compare Upstox and SAMCO)

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...

Upstox 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

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 Account	Open SAMCO Account

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

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

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 Account	Open SAMCO Account

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 Account	Open SAMCO Account

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
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	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
	Open Upstox Account	Open SAMCO Account

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

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.

Upstox Vs SAMCO Investment Options

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

Upstox Vs SAMCO Order Type Offered

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

Upstox Vs SAMCO Research Report

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

Upstox Vs SAMCO Suitable For Investor Type

	Upstox	SAMCO
Casual Investor
Active Investor
Trader

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 Account	Open SAMCO Account

Comments

Add a public comment...

Compare Upstox	Compare SAMCO
Upstox Vs Zerodha Upstox Vs ICICIdirect Upstox Vs HDFC Securities Upstox Vs Sharekhan Upstox Vs AxisDirect Upstox Vs Angel Broking Upstox Vs Kotak Securities Upstox Vs Motilal Oswal Upstox Vs Dhani Stocks Upstox Vs Stoxkart Upstox Vs Groww Upstox Vs IIFL Securities Upstox Vs SBI Securities Upstox Vs Geojit Upstox Vs Religare Upstox Vs Edelweiss Upstox Vs SMC Global Upstox Vs Nirmal Bang Upstox Vs 5paisa Upstox Vs Ventura Upstox Vs Anand Rathi Upstox Vs Master Trust Upstox Vs Indiabulls Upstox Vs Aditya Birla Money Upstox Vs Bonanza Upstox Vs Tradingo Upstox Vs IDBI Capital Upstox Vs TradeSmart Upstox Vs SAS Online Upstox Vs iTradeOnline Upstox Vs Tradeplus Upstox Vs Alice Blue Upstox Vs Wisdom Capital Upstox Vs Fyers Upstox Vs Finvasia Upstox Vs Prostocks Upstox Vs RMoney Upstox Vs Trustline Upstox Vs Choice Broking Upstox Vs Paytm Money Upstox Vs Yes Securities Upstox Vs GCL Securities	SAMCO Vs Zerodha SAMCO Vs ICICIdirect SAMCO Vs HDFC Securities SAMCO Vs Sharekhan SAMCO Vs AxisDirect SAMCO Vs Angel Broking SAMCO Vs Kotak Securities SAMCO Vs Motilal Oswal SAMCO Vs Dhani Stocks SAMCO Vs Stoxkart SAMCO Vs Groww SAMCO Vs IIFL Securities SAMCO Vs SBI Securities SAMCO Vs Geojit SAMCO Vs Religare SAMCO Vs Edelweiss SAMCO Vs SMC Global SAMCO Vs Nirmal Bang SAMCO Vs 5paisa SAMCO Vs Ventura SAMCO Vs Anand Rathi SAMCO Vs Master Trust SAMCO Vs Indiabulls SAMCO Vs Aditya Birla Money SAMCO Vs Bonanza SAMCO Vs Tradingo SAMCO Vs IDBI Capital SAMCO Vs TradeSmart SAMCO Vs SAS Online SAMCO Vs iTradeOnline SAMCO Vs Tradeplus SAMCO Vs Alice Blue SAMCO Vs Wisdom Capital SAMCO Vs Fyers SAMCO Vs Finvasia SAMCO Vs Prostocks SAMCO Vs RMoney SAMCO Vs Trustline SAMCO Vs Choice Broking SAMCO Vs Paytm Money SAMCO Vs Yes Securities SAMCO Vs GCL Securities

Compare Upstox

Compare SAMCO