Edelweiss vs SAMCO Comparison: 2024

About Edelweiss

Edelweiss Broking Ltd. is a full-time broker company operating in the capital market for more than a decade. It is part of the Edelweiss Group, one of the leading companies that provide financial services in India. It's products and services span multi-asset classes and caters to a diversified set of clients including corporations. individuals and organizations. Claiming to be your wealth advisor, Edelweiss has earned several awards in the category of best broking and digital services over the years.

Edelweiss Broking Ltd: An Overview

Founded back in 1995, The Edelweiss group commenced the commodity trading business in 2008. It is a Mumbai-based share broking company with a client base of 12 lakh spread across 200 locations in India. One of the biggest milestones of Edelweiss was the acquisition of The Jaypee Morgan Asset Management Company(AMC) in 2016. It is a registered broker with the NSE, BSE, MCX and NCDEX exchanges that

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

Edelweiss vs SAMCO Account Opening Charges: 2024

ChargeEdelweissSAMCO
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹0₹0
Trading Account AMC₹0₹0
Demat Account AMC₹500 p.a. (For 1st year: Free)₹400

Edelweiss vs SAMCO Brokerage Charges and Plans : 2024

ChargeEdelweissSAMCO
Plan NameLite PlanStandard
Equity Delivery₹10 per executed order₹20 per executed order
Equity Intraday₹10 per executed order₹20 per executed order
Equity Futures₹10 per executed order₹20 per executed order
Equity Options₹10 per executed order₹20 per executed order
Currency Futures₹10 per executed order₹20 per executed order
Currency Options₹10 per executed order₹20 per executed order
Commodity OptionsN/A₹20 per executed order
Mutual FundN/AN/A

Edelweiss vs SAMCO Margin / Exposure: 2024

SegmentEdelweissSAMCO
Equity DeliveryUpto 10xUpto 4x
Equity IntradayUpto 40xUpto 15x
Equity Future40xUpto 4x
Equity OptionsNilUpto 8x
Currency Future1.5xUpto 3x
Currency OptionsNilUpto 5x
Commodity FutureUpto 6xUpto 5x
Commodity OptionsN/AUpto 5x

Edelweiss vs SAMCO Currency Charges and Plans: 2024

Edelweiss charge ₹10 per executed order for Currency Futures and ₹10 per executed order for Currency Options whereas SAMCO Charges ₹20 per executed order for Currency futures and ₹20 per executed order for Currency options.
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