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Upstox Vs Samco
| | Broker Comparison, Trading | No Comments
Upstox Vs Samco comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Upstox Vs Samco Comparison
Here is a point by point comparison of Upstox Vs Samco.
Samco is a discount broker that was incorporated recently in 2015 and charges a flat fee per transaction from its customers. SAMCO is a member in trading segments of equity cash and derivative of both NSE and BSE.
On the other hand, Upstox is a discount broker as well launched by 3 co-founders in 2012. Today, Upstox does a daily turnover of ₹5000 Crore with a customer base of around 20,000. The firm has been backed up by some of the prominent names such as Ratan Tata, Kalaari Capital and GVK Davix.
It can become very difficult to decide between two discount brokers who are almost similar in their propositions but still are different in areas that can make or break for customers. Thus, to make things easy for you, we have listed out the comparison between Upstox and Samco to help you find which of the two suits your needs better.
The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Upstox Vs Samco Details
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
 |  | |
| Samco Review | Upstox Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 2015 | 2012 |
| Number of branches across India | 1 | 3 |
| Exchanges | BSE, NSE, MCX-SX, MCX and NCDEX | NSE, BSE, MCX and MCX – SX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹800-₹1400 | ₹150 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹400 | ₹150 |
| Transaction Charges | Samco Transaction Charges | Upstox Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹20 or 0.2% per executed trade whichever is lower | ₹0 |
| Intraday Delivery | ₹20 or 0.02% per executed trade whichever is lower | ₹20 per executed order |
| Equity Futures | ₹20 or 0.02% per executed trade whichever is lower | ₹20 per executed order |
| Equity Options | ₹20 per executed trade | ₹20 per executed order |
| Currency Futures | ₹20 or 0.02% per executed trade whichever is lower | ₹20 per executed order |
| Currency Options | ₹20 per executed trade | ₹20 per executed order |
| Commodity | ₹20 or 0.02% per executed trade whichever is lower | ₹20 per executed order |
| Calculate Brokerage | Samco Brokerage Calculator | Upstox Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 4 times | Upto 20 times Intraday |
| Equity Futures | Upto 4 times | Upto 4 times for Intraday |
| Equity Options | Upto 4 times | Upto 4 times for Intraday |
| Currency Futures | Upto 4 times | Upto 4 times for Intraday |
| Currency Options | Upto 4 times | Upto 4 times for Intraday |
| Commodities | NA | Upto 3 times for Intraday |
| RESEARCH | ||
| Daily Market Reports |  |  |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | Trader, Web5, Mobile App | NEST, Upstox, Upstox Pro |
| Total BSE+NSE Complaints %age | 0.10% | 0.12% |
| OVERALL RATING |  |  |
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Upstox Vs Samco for the benefits of other readers? Please feel free to share in the comments below. Your experiences can work as learning for others.
Summary
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Upstox Vs Samco
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