Zerodha Vs SAMCO Share Broker Comparison
The side-by-side comparison of Zerodha and SAMCO Securities Limited stock brokers in India. The comparison below highlights the similarities and differences between Zerodha 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 Zerodha and SAMCO.
| |
Zerodha |
SAMCO Securities Limited |
| |
|
|
|
 |
 |
| About the Broker |
Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, wh...  |
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
|
Discount Broker |
Discount Broker |
| Supported Exchnage
|
NSE, BSE, MCX and NCDEX |
BSE, NSE, MCX, NCDEX |
| Account Type
|
Standard Plan |
Standard |
| Broker Enquiry |
|
|
Stock Broker Fees / Charges
| |
Zerodha |
SAMCO Securities Limited |
| Trading Account Opening Fees
|
₹300 |
₹0 |
| Trading Account AMC
|
₹0 (Free) |
₹0 |
| Demat Account Opening Fees
|
₹100 |
₹0 |
| Demat Account AMC
|
₹300 |
₹400 |
| Demat Account is Mandatory?
|
No |
No |
Trading Brokerage Charges
Brokerage Plan 1
| |
Zerodha |
SAMCO Securities Limited |
| Account Type |
Standard Plan |
Standard |
| Fixed Charges
|
|
|
| Equity Delivery Brokerage
|
₹0 (Free) |
₹20 per executed order |
| Equity Intraday Brokerage
|
₹20 per executed order or .01% whichever is lower |
₹20 per executed order |
| Equity Futures Brokerage
|
₹20 per executed order or .01% whichever is lower |
₹20 per executed order |
| Equity Options Brokerage
|
₹20 per executed order or .01% whichever is lower |
₹20 per executed order |
| Currency Futures Trading Brokerage
|
₹20 per executed order or .01% whichever is lower |
₹20 per executed order |
| Currency Options Trading Brokerage
|
₹20 per executed order or .01% whichever is lower |
₹20 per executed order |
| Commodity Futures Trading Brokerage
|
₹20 per executed order or .01% whichever is lower |
|
| Commodity Options Trading Brokerage
|
|
|
Other Charges
| Minimum Brokerage Charges
|
₹0 |
₹0 |
| Other Brokerage Charges
|
Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS |
|
| Call & Trade Charges
|
₹20 per executed order |
₹20 per executed order |
Taxes
| |
Zerodha |
SAMCO Securities Limited |
| Securities Transaction Tax (STT)
|
- 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)
|
- 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)
|
| Exchange Transaction Charges
|
Check table below |
Check table below |
| SEBI Charges
|
Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
|
18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
|
Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
| |
Zerodha |
SAMCO Securities Limited |
| Equity Delivery
|
NSE ₹325 per crore | BSE ₹1 per trade (each side) |
NSE ₹325 per crore | BSE ₹1 per trade (each side) |
| Equity Intraday
|
NSE ₹325 per crore | BSE ₹1 per trade (each side) |
NSE ₹325 per crore | BSE ₹1 per trade (each side) |
| Equity Futures
|
NSE ₹210 per crore | BSE ₹1 per trade (each side) |
NSE ₹190 per crore | BSE ₹1 per trade (each side) |
| Equity Options
|
NSE ₹5300 per crore | BSE ₹1 per trade (each side) |
NSE ₹5000 per crore | BSE ₹1 per trade (each side) |
| Currency Futures
|
NSE ₹135 per crore (0.00135%) |
NSE ₹110 per crore (0.0011%) |
| Currency Options
|
NSE ₹4400 (on premium) per crore (0.044%) |
NSE ₹4000 (on premium) per crore (0.040%) |
| Commodity
|
Non-Agri ₹360 (0.0036%) | Agri ₹275 per Crore |
Non-Agri ₹260 (0.0026%) | Agri ₹175 per Crore |
Exposure
| |
Zerodha |
SAMCO Securities Limited |
| Equity Delivery
|
1x (no margin) |
1x (no margin) |
| Equity Intraday
|
Up to 20x (based on the stock) |
Normal Orders: 3x to 15x | CO & BO: Up to 33x |
| Equity Futures
|
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Equity Options
|
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Futures
|
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Options
|
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Commodity
|
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
Share Broker Features
| |
Zerodha |
SAMCO Securities Limited |
| 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
|
Kite Web, Kite Android/iOS, Pi, Coin |
OMNESYS NEST, StockNote |
| Intraday Square-off Time
|
3:10 PM |
3:15 PM |
| Other Features
|
Direct Mutual Funds |
Margin Products - CashPlus, StockPlus, and InstaPlus |
Broker Ratings (Average User Rating)
| |
Zerodha |
SAMCO Securities Limited |
| |
327 Customer Reviews  |
11 Customer Reviews |
| Fees Ratings |
 |
 |
| Trading Brokerage Rating |
 |
 |
| Trading Platform Usability |
 |
 |
| Customer Service Ratings |
|
 |
| Overall Ratings |
|
|
| Broker Rating |
Zerodha is Rated 3.8 / 5 based on 327 customer reviews |
SAMCO is Rated 3.7 / 5 based on 11 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
| |
Zerodha |
SAMCO Securities Limited |
| Stock / Equity
|
|
|
| Commodity
|
|
|
| Currency
|
|
|
| Initial Public Offers (IPO)
|
|
|
| Mutual Funds
|
|
|
| Bond / NCD
|
|
|
| Debt
|
|
|
| Other Investment Options
|
|
|
Customer Service Offered
| |
Zerodha |
SAMCO Securities Limited |
| 24/7 Customer Service
|
|
|
| Onine Live Chat
|
|
|
| Through Branches
|
|
|
Order Type
| |
Zerodha |
SAMCO Securities Limited |
| Bracket Order
|
|
|
| Cover Order
|
|
|
| Buy Today Sell Tomorrow (BTST)
|
|
|
| Sell Today Buy Tomorrow (STBT)
|
|
|
| After Market Order(AMO)
|
|
|
| Good Till Cancelled (GTC)
|
|
|
Research / Tips / Reports Published
| |
Zerodha |
SAMCO Securities Limited |
| Daily Market Report
|
|
|
| Free Tips
|
|
|
| Quarterly Result Analysis
|
|
|
| News Alerts
|
|
|
Suitable for Investor Category
| |
Zerodha |
SAMCO Securities Limited |
| Casual Investor
|
|
|
| Active Investor
|
|
|
| Trader
|
|
|
Pros, Cons and Other Review Comments
| |
Zerodha |
SAMCO Securities Limited |
| Pros
|
- Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
- Excellent trading platforms made available for free to all its customers.
- Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
- Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
- 10% referral credit for reffering new customers.
- Direct Mutual Fund Investment is available.
- Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX.
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
|
- Doesn't provide stock tips, research reports or recommendations.
- Call & Trade is charged at extra Rs 20 order.
- Doesn't provide options to invest in IPO, Bond and NCD's public offers.
- Margin funding is not available.
- GTC/GTD not available in Equity.
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
|
Useful Articles about Zerodha:
|
|
| Promo / Offers
|
Truly free equity delivery trading
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
|
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.
|
|
Enquire about Zerodha
|
|
| Compare More Brokers |
|
|
Zerodha
Zero Account Opening Fee