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.
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
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 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
Charge | Edelweiss | SAMCO |
---|---|---|
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 |
Charge | Edelweiss | SAMCO |
---|---|---|
Plan Name | Lite Plan | Standard |
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 Options | N/A | ₹20 per executed order |
Mutual Fund | N/A | N/A |
Segment | Edelweiss | SAMCO |
---|---|---|
Equity Delivery | Upto 10x | Upto 4x |
Equity Intraday | Upto 40x | Upto 15x |
Equity Future | 40x | Upto 4x |
Equity Options | Nil | Upto 8x |
Currency Future | 1.5x | Upto 3x |
Currency Options | Nil | Upto 5x |
Commodity Future | Upto 6x | Upto 5x |
Commodity Options | N/A | Upto 5x |