HDFC Securities vs SAMCO Comparison: 2024
About HDFC Securities
HDFC Securities Ltd, a subsidiary of HDFC Bank. It basically means that you can get a 3-in-1 account service that combines HDFC Securities Trading Account with the HDFC Securities Demat Account, and HDFC Bank account resulting in an amazing trading experience, and above that it also provides a free mutual fund account. It is one of the largest full-service brokers in India with more than 20 lakh customers, including both retail and institutional clients.
HDFC Securities : Overview
HDFC Securites, due to its large customer base, happens to be one of the leading depository participants with both CDSL and NSDL; more than 2.03 million demat accounts with a comprehensive network that has more than 3500 service branches. They have more than 270 branches across 185, catering investment needs of a gigantic diversified customer base including both retail and institutional investors.
HDFC Securities is a registered member of BSE, NSE, IRDA, PFRDA, AMFI,
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
HDFC Securities vs SAMCO Account Opening Charges: 2024
| Charge | HDFC Securities | SAMCO |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹999 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹750 | ₹400 |
HDFC Securities vs SAMCO Brokerage Charges and Plans : 2024
| Charge | HDFC Securities | SAMCO |
|---|---|---|
| Plan Name | Basic | Standard |
| Equity Delivery | 0.50% | ₹20 per executed order |
| Equity Intraday | 0.05% | ₹20 per executed order |
| Equity Futures | 0.05% | ₹20 per executed order |
| Equity Options | ₹100 per lot or 1% of the premium (whichever is higher) | ₹20 per executed order |
| Currency Futures | ₹23 per contract | ₹20 per executed order |
| Currency Options | ₹20 per contract | ₹20 per executed order |
| Commodity Options | 0.02% for Intraday / 0.025% for positional | ₹20 per executed order |
| Mutual Fund | N/A | N/A |
HDFC Securities vs SAMCO Margin / Exposure: 2024
| Segment | HDFC Securities | SAMCO |
|---|---|---|
| Equity Delivery | 2x | Upto 4x |
| Equity Intraday | Upto 20x | Upto 15x |
| Equity Future | Nil | Upto 4x |
| Equity Options | Nil | Upto 8x |
| Currency Future | Nil | Upto 3x |
| Currency Options | Nil | Upto 5x |
| Commodity Future | Nil | Upto 5x |
| Commodity Options | N/A | Upto 5x |