Indiabulls vs SAMCO Comparison: 2024

About Indiabulls

India bulls ventures Ltd. is a flagship company of the Indiabulls group operating in the capital market since 1999 with multiple subsidiary companies fields like housing finance, personal wealth as well as a presence in Real estate, pharmaceuticals, and infrastructure sector.

Formerly known as Indiabulls Securities Ltd, it re-launched its trading platform under the name \Indiabulls Shubh\ in 2019. It is one of the largest discount brokers in India with a client base of approximately  7 lakhs spread across 18 cities.

India Bulls Stock Broker: An overview

The broking venture under the India bulls company is known in the market by the name of 'Shubh'. this broking firm was founded in 1995 by Sameer Gehlot and has managed to gain nationwide recognition and trust ever since. This Mumbai-based firm provides integrated financial services such as Stock broking, Demat account, Equity Research, and Margin Funding.

India bulls Shubh pioneered the online trading platform facility

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

Indiabulls vs SAMCO Account Opening Charges: 2024

ChargeIndiabullsSAMCO
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹500₹0
Trading Account AMC₹0₹0
Demat Account AMC₹450₹400

Indiabulls vs SAMCO Brokerage Charges and Plans : 2024

ChargeIndiabullsSAMCO
Plan NameEquity Unlimited Trade PlanStandard
Equity Delivery₹0 ₹20 per executed order
Equity Intraday₹0 ₹20 per executed order
Equity Futures₹15 per trade₹20 per executed order
Equity Options₹15 per trade₹20 per executed order
Currency Futures₹15 per trade₹20 per executed order
Currency Options₹15 per trade₹20 per executed order
Commodity Options0.03%₹20 per executed order
Mutual FundN/AN/A

Indiabulls vs SAMCO Margin / Exposure: 2024

SegmentIndiabullsSAMCO
Equity Delivery1x (No margin)Upto 4x
Equity IntradayUpto 5x Upto 15x
Equity FutureIntra-day: 4x | Carry forward: 1x Upto 4x
Equity OptionsIntra-day: 4x | Carry forward: 1xUpto 8x
Currency FutureIntra-day: 2x | Carry forward: 1xUpto 3x
Currency OptionsIntra-day: 2x | Carry forward: 1xUpto 5x
Commodity FutureN/AUpto 5x
Commodity OptionsN/AUpto 5x

Indiabulls vs SAMCO Currency Charges and Plans: 2024

Indiabulls charge ₹15 per trade for Currency Futures and ₹15 per trade for Currency Options whereas SAMCO Charges ₹20 per executed order for Currency futures and ₹20 per executed order for Currency options.

Indiabulls vs SAMCO Commodity Charges and Plans: 2024

Indiabulls charge 0.03% for commodity and SAMCO charge ₹20 per executed order for commodity.
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