Motilal Oswal vs SAMCO Comparison: 2024
About Motilal Oswal
A Mumbai based entity, Motilal Oswal is one of the oldest brokerage firms providing various financial services. It has been operating for more than 30 years in this field, established in 1987. Motilal Oswal is a full service broker offering services ranging from trading to portfolio management. It has one of the largest client base in India, harbouring clients from all ends from retail investors to high-net-worth individuals, including but not limited to foreign institutional investors, mutual funds and financial institutions.
Motilal Oswal: Overview
A subsidiary of Motilal Oswal Financial Service Limited, Motilal Oswal Securities Limited is a brokerage firm provides a wide range of trading options, including trading in equity, debt, derivatives and currencies across various stock exchanges like BSE, NSE, NCDEX, MCX. The firm also provides research based reports, in fact it invests about 10% of its revenue in such research practices, and it has published more than 30000
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
Motilal Oswal vs SAMCO Account Opening Charges: 2024
| Charge | Motilal Oswal | SAMCO |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹1000 (One-time) | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹299 | ₹400 |
Motilal Oswal vs SAMCO Brokerage Charges and Plans : 2024
| Charge | Motilal Oswal | SAMCO |
|---|---|---|
| Plan Name | Default Plan | Standard |
| Equity Delivery | 0.50% | ₹20 per executed order |
| Equity Intraday | 0.05% (both side) | ₹20 per executed order |
| Equity Futures | 0.05% (both side) | ₹20 per executed order |
| Equity Options | ₹100 per lot (both side) | ₹20 per executed order |
| Currency Futures | ₹20 per lot (both side) | ₹20 per executed order |
| Currency Options | ₹20 per lot (both side) | ₹20 per executed order |
| Commodity Options | 0.05% (both side) | ₹20 per executed order |
| Mutual Fund | N/A | N/A |
Motilal Oswal vs SAMCO Margin / Exposure: 2024
| Segment | Motilal Oswal | SAMCO |
|---|---|---|
| Equity Delivery | 4x | Upto 4x |
| Equity Intraday | 20x for Margin+ (Over 140 Stocks), Other stocks: 4x | Upto 15x |
| Equity Future | Upto 3x | Upto 4x |
| Equity Options | Nil | Upto 8x |
| Currency Future | N/A | Upto 3x |
| Currency Options | Nil | Upto 5x |
| Commodity Future | Upto 3x | Upto 5x |
| Commodity Options | N/A | Upto 5x |