Marwadi Shares vs SAMCO Comparison: 2024
About Marwadi Shares
Marwadi Shares and Finance Ltd. is a financial service provider company operating in the financial markets for almost 3 decades. This full-service brokerage company is one of the leading in India that has been ranked amongst the top 10 in the BSE ratings multiple times.
Marwadi Shares: Overview
Marwadi Shares is a Gujarat based broking firm facilitating broking as well as Wealth management services. They are spread across 104 branches nationwide and employ more than 1400 authorized sub-brokers assisting a client base of 4 lakh plus. Founded in 1992 by Pranav M. Shah, Marwadi Shares and Finance Ltd. is affiliated and licensed to trade in NSE, BSE, NCDEX, MCX security exchanges. The company is also a Depository Participant of NCDL and CDSL.
It facilitates trading in a wide segment of securities ranging from equity, derivatives, currency to mutual Funds, and insurance. They cater to the needs of retail as well as an
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
Marwadi Shares vs SAMCO Account Opening Charges: 2024
| Charge | Marwadi Shares | SAMCO |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹0 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹450 per year or one time fee of ₹2500 | ₹400 |
Marwadi Shares vs SAMCO Brokerage Charges and Plans : 2024
| Charge | Marwadi Shares | SAMCO |
|---|---|---|
| Plan Name | N/A | Standard |
| Equity Delivery | 0.30% | ₹20 per executed order |
| Equity Intraday | 0.06% | ₹20 per executed order |
| Equity Futures | 0.02% | ₹20 per executed order |
| Equity Options | ₹100 per lot | ₹20 per executed order |
| Currency Futures | 0.02% | ₹20 per executed order |
| Currency Options | ₹100 per lot | ₹20 per executed order |
| Commodity Options | 0.02% | ₹20 per executed order |
| Mutual Fund | N/A | N/A |
Marwadi Shares vs SAMCO Margin / Exposure: 2024
| Segment | Marwadi Shares | SAMCO |
|---|---|---|
| Equity Delivery | N/A | Upto 4x |
| Equity Intraday | N/A | Upto 15x |
| Equity Future | N/A | Upto 4x |
| Equity Options | N/A | Upto 8x |
| Currency Future | N/A | Upto 3x |
| Currency Options | N/A | Upto 5x |
| Commodity Future | N/A | Upto 5x |
| Commodity Options | N/A | Upto 5x |