5paisa vs SAMCO Comparison: 2024

About 5paisa

A successful discount broker in India, 5 paisa provides different trading and investing services across various segments. Its parent company is IIFL that has built a great name in the retail broking industry.

5Paisa: Overview

5paisa Capital Ltd. is a new age company that believes in making the entire process of getting started with trading as simple as possible, offering account opening in three simple steps. One of the leading stockbrokers in India, 5paisa Capital Ltd is publicly-traded, and managed by IIFL founders. This provides the company with valuable experience in the financial markets coupled with its expertise in simplifying the trading experience has enabled it to offer best-in-class services at an extremely low cost.

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Based out of Mumbai, 5paisa.com commenced operations in March 2016 and since then has become 2nd largest discount stock broker in India (As on Dec 2018). It is listed on both BSE as well as NSE.

The

About SAMCO

SAMCO is another popular discount broker in India which has carved a niche for itself in a short span of time. It conceptualized in the year 2015 and with its diversifying broking services and products range it has a good hold on the market at present.

Samco Overview

Samco Securities Ltd. is known to be a suitable stockbroker for beginners since it offers an exhaustive repository of basic and intermediate tutorials on investing and trading. At the same time, with low brokerage charges, they leave a low chance of risk for the beginners as compared to other Indian stock brokers.

It allows trading across all the leading stock and commodity exchanges in India including NSE, BSE, MCX, MCX-SX and NCDEX. Samco facilitates commodity segment for MCX trading through its associated entity, Samco Commodities Ltd. The firm primarily caters to corporate and retail clients. It also offers loans against shares, low brokerage Demat

5paisa vs SAMCO Account Opening Charges: 2024

Charge5paisaSAMCO
Demat Account Opening Charges₹0 (Free)₹0
Trading Acc Opening Charges₹650₹0
Trading Account AMC₹0 (Free)₹0
Demat Account AMC₹540 yearly (charged as ₹45 per traded month)₹400

5paisa vs SAMCO Brokerage Charges and Plans : 2024

Charge5paisaSAMCO
Plan NameOptimum PlanStandard
Equity Delivery₹20 per trade₹20 per executed order
Equity Intraday₹20 per trade₹20 per executed order
Equity Futures₹20 per trade₹20 per executed order
Equity Options₹20 per trade₹20 per executed order
Currency Futures₹20 per trade₹20 per executed order
Currency Options₹20 per trade₹20 per executed order
Commodity Options₹20 per trade₹20 per executed order
Mutual FundN/AN/A

5paisa vs SAMCO Margin / Exposure: 2024

Segment5paisaSAMCO
Equity DeliveryUpto 4x Upto 4x
Equity IntradayUpto 20xUpto 15x
Equity FutureIntra-day: 3.5x | Carry forward: 1x (no margin)Upto 4x
Equity OptionsIntra-day: 1x | Carry forward: 1xUpto 8x
Currency FutureIntra-day: 1 time | Carry forward: 1xUpto 3x
Currency OptionsIntra-day: 1x | Carry forward: 1xUpto 5x
Commodity FutureN/AUpto 5x
Commodity OptionsN/AUpto 5x

5paisa vs SAMCO Currency Charges and Plans: 2024

5paisa charge ₹20 per trade for Currency Futures and ₹20 per trade for Currency Options whereas SAMCO Charges ₹20 per executed order for Currency futures and ₹20 per executed order for Currency options.

5paisa vs SAMCO Commodity Charges and Plans: 2024

5paisa charge ₹20 per trade for commodity and SAMCO charge ₹20 per executed order for commodity.
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