Groww vs SAMCO Comparison: 2024

About Groww

Groww is a leading mutual fund investment platform now widening its wings into the stock investing world as well. So, here we'll have an exclusive Groww Review covering its features, types of Demat account, brokerage plans and much more.

Brokerage firms offer various plans and services to make life in trading as seamless as possible. But for those who are willing to avail these have to open a Demat and trading account. For the same, choosing the appropriate stock broker is very essential. Groww is one of the many stock brokerage firms that offer stock trading opportunities. Let’s have a brief overview of the company and the trading and Demat account it provides.

Groww: A Quick Review

Groww initially started as a mutual fund investment platform and was launched in 2016 by Lalit Keshre, Harsh Jain, Neeraj Singh and Ishan Bansal. The company offers trading or investment opportunities in mutual funds and

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

Groww vs SAMCO Account Opening Charges: 2024

ChargeGrowwSAMCO
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹200 ₹0
Trading Account AMC₹0₹0
Demat Account AMC₹300 p.a. (wherein ₹25 charged quarterly)₹400

Groww vs SAMCO Brokerage Charges and Plans : 2024

ChargeGrowwSAMCO
Plan NameStandard PlanStandard
Equity Delivery₹0₹20 per executed order
Equity Intraday₹20 or 0.01% of executed order value₹20 per executed order
Equity FuturesN/A₹20 per executed order
Equity OptionsN/A₹20 per executed order
Currency FuturesN/A₹20 per executed order
Currency OptionsN/A₹20 per executed order
Commodity OptionsN/A₹20 per executed order
Mutual FundN/AN/A

Groww vs SAMCO Margin / Exposure: 2024

SegmentGrowwSAMCO
Equity DeliveryN/AUpto 4x
Equity IntradayN/AUpto 15x
Equity FutureN/AUpto 4x
Equity OptionsN/AUpto 8x
Currency FutureN/AUpto 3x
Currency OptionsN/AUpto 5x
Commodity FutureN/AUpto 5x
Commodity OptionsN/AUpto 5x
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