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Upstox Vs SAMCO (Compare Upstox and SAMCO)

The side-by-side comparison of Upstox and SAMCO. Compare Upstox Vs SAMCO brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Upstox vs SAMCO?

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...

SAMCO
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) through CDSL. Incorporated in 2015, SAMCO is among the lowest-cost broker in India. SAMCO is popular for its ultra-low brokerage, margin products, higher exposure and free trading software. Customer who moves from traditional brokers like ICICI Dir...

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
Supported Exchnages	BSE, NSE, MCX	BSE, NSE, MCX, NCDEX
Account Type	Upstox Basic	Standard
Year of Incorporation	2012
Number of Branches	4
Broker Enquiry
	Enquire Upstox	Enquire SAMCO

Upstox Vs SAMCO Charges & AMC

Upstox trading account opening charges is ₹249 while SAMCO account opening changes is ₹0. Upstox Demat Account AMC Charges is ₹300 and SAMCO Demat Account AMC Charges is ₹400.

	Upstox	SAMCO
Trading Account Opening Charges	₹249	₹0
Trading Account AMC Charges	₹0 (Free)	₹0
Demat Account Opening Charges	₹0 (Free)	₹0
Demat Account AMC Charges	₹300	₹400

Upstox Vs SAMCO Brokerage Charges & Plans

Upstox Vs SAMCO Brokerage

Upstox brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order or 0.05% whichever is lower whereas SAMCO brokerage charges for equity is ₹20 per executed order and intraday is ₹20 per executed order.

	Upstox	SAMCO
Account Type	Upstox Basic	Standard
Fixed Charges	NA
Equity Delivery Brokerage	₹0 (Free)	₹20 per executed order
Equity Intraday Brokerage	₹20 per executed order or 0.05% whichever is lower	₹20 per executed order
Equity Futures Brokerage	₹20 per executed order or 0.05% whichever is lower	₹20 per executed order
Equity Options Brokerage	₹20 per executed order	₹20 per executed order
Currency Futures Trading Brokerage	₹20 per executed order or 0.05% whichever is lower	₹20 per executed order
Currency Options Trading Brokerage	₹20 per executed order	₹20 per executed order
Commodity Futures Trading Brokerage	₹20 per executed order or 0.05% whichever is lower
Commodity Options Trading Brokerage	₹20 per executed order
Special Offer	Special Offer: FREE Equity Delivery Trading + Flat ₹20 per order for Intra-day and F&O. Get the Exclusive Offer	Special Offer: Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Get the offer

Upstox Vs SAMCO Brokerage Plan 2

	Upstox	SAMCO
Account Type	Upstox Priority (Higher Margin)	Standard
Fixed Charges	NA	NA
Equity Delivery Brokerage	₹0	₹20 per executed order
Equity Intraday Brokerage	₹30 per executed order or 0.10% whichever is lower	₹20 per executed order
Equity Futures Brokerage	₹30 per executed order or 0.10% whichever is lower	₹20 per executed order
Equity Options Brokerage	₹30 per executed order	₹20 per executed order
Currency Futures Trading Brokerage	₹30 per executed order or 0.10% whichever is lower	₹20 per executed order
Currency Options Trading Brokerage	₹30 per executed order	₹20 per executed order
Commodity Futures Trading Brokerage	₹30 per executed order or 0.10% whichever is lower
Commodity Options Trading Brokerage	₹30 per executed order
	Enquire Upstox	Enquire SAMCO

Upstox Charges Vs SAMCO

Minimum Brokerage Charges	0.05%	₹0
Other Brokerage Charges
Call & Trade Charges	₹20 per trade	₹20 per executed order

Upstox Vs SAMCO Transaction Charges

Upstox transaction charges for options is NSE ₹5500 per Cr (0.055%) (on premium) while SAMCO exchange transaction charges for options is NSE ₹5000 per crore | BSE ₹1 per trade (each side).

	Upstox	SAMCO
Equity Delivery	NSE ₹325 per Cr (0.00325%) (each side)	NSE ₹325 per crore \| BSE ₹1 per trade (each side)
Equity Intraday	NSE ₹325 per Cr (0.00325%) (each side)	NSE ₹325 per crore \| BSE ₹1 per trade (each side)
Equity Futures	NSE ₹210 per Cr (0.0021%)	NSE ₹190 per crore \| BSE ₹1 per trade (each side)
Equity Options	NSE ₹5500 per Cr (0.055%) (on premium)	NSE ₹5000 per crore \| BSE ₹1 per trade (each side)
Currency Futures	NSE ₹130 per Cr (0.0013%) \| BSE ₹26 per Cr (0.00026%)	NSE ₹110 per crore (0.0011%)
Currency Options	NSE ₹2900 per Cr (0.029%) \| BSE ₹2600 per Cr (0.026%) (on premium)	NSE ₹4000 (on premium) per crore (0.040%)
Commodity	Group A - ₹290 per Cr (0.0029%)	Non-Agri ₹260 (0.0026%) \| Agri ₹175 per Crore
	Enquire Upstox	Enquire SAMCO

Upstox Vs SAMCO Leverage (Margin)

Upstox provides the margin of Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x for intraday trades whereas the SAMCO margin for intraday cash is Normal Orders: 3x to 15x | CO & BO: Up to 33x.

	Upstox	SAMCO
Equity Delivery	1x (no margin)	Up to 4x
Equity Intraday	Basic: 15x \| Priority: 20x \| Basic CO: 20x \| Priority CO: 27x	Normal Orders: 3x to 15x \| CO & BO: Up to 33x
Equity Futures	Basic: 3x \| Priority: 3x \| Basic CO: 5x \| Priority CO: 6x	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options	Basic: 3x \| Priority: 3x \| Basic CO: 3x \| Priority CO: 3x	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures	Basic:4x \| Priority:4x \| Basic CO:4x \| Priority CO:5x	Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options	Basic: 4x \| Priority: 4x \| Basic CO: 4x \| Priority CO: 5x	Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures	Basic: 2.5x \| Priority: 3x \| Basic CO: 3x \| Priority CO: 4x	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Commodity Options
	Enquire Upstox	Enquire SAMCO

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 OMNESYS NEST, StockNote trading software.

	Upstox	SAMCO
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
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	OMNESYS NEST, StockNote
Intraday Square-off Time	3:15 PM	3:15 PM
Other Features	Option strategy builder	Margin Products - CashPlus, StockPlus, and InstaPlus
Referral Program
	Enquire Upstox	Enquire SAMCO

Upstox Vs SAMCO Review

Upstox is rated 2.5 of 5 based on 80 customer reviews whereas SAMCO is rated 3.5 of 5 based on 14 customer reviews.

	Upstox	SAMCO
	80 Customer Reviews	14 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Upstox is rated 2.5 of 5 based on 80 customer reviews	SAMCO is rated 3.5 of 5 based on 14 customer reviews

Contact Broker / Request A Call Back

	Upstox Enquire	SAMCO Enquire
Contact Broker	FREE Equity Delivery Trading + Flat ₹20 per order for Intra-day and F&O. Get the Exclusive Offer Name Phone # Email City Name State Are you a day trader?	Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Get the offer Name Phone # Email City Name State Are you a day trader?

Upstox Vs SAMCO Investment Options

	Upstox	SAMCO
Stock / Equity
Commodity
Currency
Initial Public Offers (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)
	Enquire Upstox	Enquire SAMCO

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	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. Online IPO, FPO, Bonds and NCD's are available.	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.
Cons	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. No stock tips or recommendations. Upstox doesn't offer NRI Trading and Demat Account.	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	FREE Equity Delivery Trading Open Upstox Trading Account and get brokerage FREE Equity Delivery Trades (₹0 brokerage). Trade in Intra-day and F&O Trades at flat ₹20 per order. Request Callback	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. Get the Special Offer
	Enquire Upstox	Enquire SAMCO

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