Finvasia vs SAMCO Comparison: 2024

About Finvasia

Finvasia, a financial services company providing a wide array of services in the the financial sector. With Finvasia Securities having its base in Chandigarh, it's an emerging platform to join the race of discount brokers in India.

Finvasia is an international wealth management and broking fintech company rapidly growing in the Indian arena. this technology-driven Firm offers a very diversified business model ranging from capital market advisory to commodity broking and everything in between. With the aim To promote direct investments, It currently operates in 14 countries including Australia, Brazil, Canada, London, and others. The Indian office of the broker is situated in Chandigarh.

Finvasia: an overview

Finvasia was founded by Ex-wall street professionals Sarvjeet Singh Virk and Tajinder Singh Virk in 2009 in Canada. The brother duo initially came to India as Foreign institutional investors(FII) but soon realized the need to create financial solutions for the Indian investor. The company provides

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

Finvasia vs SAMCO Account Opening Charges: 2024

ChargeFinvasiaSAMCO
Demat Account Opening Charges₹0 (Free)₹0
Trading Acc Opening Charges₹0₹0
Trading Account AMC₹0₹0
Demat Account AMC₹0 (Free)₹400

Finvasia vs SAMCO Brokerage Charges and Plans : 2024

ChargeFinvasiaSAMCO
Plan NameStandardStandard
Equity Delivery₹0₹20 per executed order
Equity Intraday₹0₹20 per executed order
Equity Futures₹0₹20 per executed order
Equity Options₹0₹20 per executed order
Currency Futures₹0₹20 per executed order
Currency Options₹0₹20 per executed order
Commodity Options₹0₹20 per executed order
Mutual FundN/AN/A

Finvasia vs SAMCO Margin / Exposure: 2024

SegmentFinvasiaSAMCO
Equity Delivery1xUpto 4x
Equity IntradayUpto 10xUpto 15x
Equity Future2xUpto 4x
Equity Options1xUpto 8x
Currency Future1xUpto 3x
Currency Options1xUpto 5x
Commodity Future2xUpto 5x
Commodity Options1xUpto 5x

Finvasia vs SAMCO Currency Charges and Plans: 2024

Finvasia charge ₹0 for Currency Futures and ₹0 for Currency Options whereas SAMCO Charges ₹20 per executed order for Currency futures and ₹20 per executed order for Currency options.

Finvasia vs SAMCO Commodity Charges and Plans: 2024

Finvasia charge ₹0 for commodity and SAMCO charge ₹20 per executed order for commodity.
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