Alice Blue vs SAMCO Comparison: 2024

About Alice Blue

A Bangalore based discount broker, Alice Blue is working hard to get ahead in the list of discount brokers in India. Of course, it isn't that easy to maintain a stronghold amid other key players in the stock broker world. However, it's brokerage free equity delivery model is catching the attention of potential traders.

Alice Blue is an online stockbroker and one of the oldest stockbrokers in the Indian capital market. This modern, technology-driven firm was incorporated in 2006 with the vision to provide advanced broking services to its clients and stakeholders. The USP of Alice Blue is the cost-free broking solutions they provide. With zero trading charges and dedicated customer support services, Alice Blue Stock Broking firm stands out in the Stock market as exemplary.

Alice Blue: Overview

Founded by Sidhavelayutham M. in Bangalore who is now CEO of the company introduced the concept of professional marketing of broking services

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

Alice Blue vs SAMCO Account Opening Charges: 2024

ChargeAlice BlueSAMCO
Demat Account Opening Charges₹0₹0
Trading Acc Opening ChargesEquity ₹310, MCX ₹200 & ₹500 All segments₹0
Trading Account AMC₹0₹0
Demat Account AMC₹400₹400

Alice Blue vs SAMCO Brokerage Charges and Plans : 2024

ChargeAlice BlueSAMCO
Plan NameFreedom 15 PlanStandard
Equity Delivery₹0 ₹20 per executed order
Equity Intraday ₹15 per order or 0.01% whichever is lower₹20 per executed order
Equity Futures ₹15 per order or 0.01% whichever is lower₹20 per executed order
Equity Options₹15 per order₹20 per executed order
Currency Futures ₹15 per order or 0.01% whichever is lower₹20 per executed order
Currency Options₹15 per order₹20 per executed order
Commodity Options Future: ₹15 per order or 0.01% whichever is lower and Options: ₹15 per order₹20 per executed order
Mutual FundN/AN/A

Alice Blue vs SAMCO Margin / Exposure: 2024

SegmentAlice BlueSAMCO
Equity DeliveryIntraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3xUpto 4x
Equity IntradayIntraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3xUpto 15x
Equity FutureIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1xUpto 4x
Equity OptionsIntraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1xUpto 8x
Currency FutureIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1xUpto 3x
Currency OptionsIntraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1xUpto 5x
Commodity FutureIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1xUpto 5x
Commodity OptionsN/AUpto 5x

Alice Blue vs SAMCO Currency Charges and Plans: 2024

Alice Blue charge ₹15 per order or 0.01% whichever is lower for Currency Futures and ₹15 per order for Currency Options whereas SAMCO Charges ₹20 per executed order for Currency futures and ₹20 per executed order for Currency options.

Alice Blue vs SAMCO Commodity Charges and Plans: 2024

Alice Blue charge Future: ₹15 per order or 0.01% whichever is lower and Options: ₹15 per order for commodity and SAMCO charge ₹20 per executed order for commodity.
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