Prabhudas Lilladher vs SAMCO Comparison: 2024

About Prabhudas Lilladher

Have you heard or read about "Prabhudas Lilladher Pvt.Ltd." a popular stock broking firm in India.

PL India: Formation & Glimpse

Shahrukh Khan is a legend in the Indian film industry. We all know his name and movies irrespective of our age and liking. Did you know that there are legendary pioneers in financial markets as well?

That brings us to today’s topic, "Prabhudas Lilladher".

Let us start by answering the first question: Who is Prabhudas Lilladher?

Prabhudas Lilladher or more popularly known as PL India is one of the oldest stockbroking houses in India. The company was registered in the year 1944 by Prabhudas Lilladher as a stock broking company in India.

But, over the years the company has seen a gradual growth and expanded to become a one-stop-shop for companies all financial needs.

The company’s headquarters is at Mumbai but it has spread its presence in over 30+ cities of India.

Moreover, PL India is

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

Prabhudas Lilladher vs SAMCO Account Opening Charges: 2024

ChargePrabhudas LilladherSAMCO
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹0₹0
Trading Account AMC₹0₹0
Demat Account AMC₹250, free for 1st year₹400

Prabhudas Lilladher vs SAMCO Brokerage Charges and Plans : 2024

ChargePrabhudas LilladherSAMCO
Plan NameN/AStandard
Equity Delivery0.2%₹20 per executed order
Equity Intraday0.02%₹20 per executed order
Equity Futures0.02%₹20 per executed order
Equity Options0.02%₹20 per executed order
Currency Futures0.02% to 0.01%₹20 per executed order
Currency Options₹15 per Lot₹20 per executed order
Commodity Options0.02%₹20 per executed order
Mutual FundN/AN/A

Prabhudas Lilladher vs SAMCO Margin / Exposure: 2024

SegmentPrabhudas LilladherSAMCO
Equity DeliveryN/AUpto 4x
Equity IntradayN/AUpto 15x
Equity FutureN/AUpto 4x
Equity OptionsN/AUpto 8x
Currency FutureN/AUpto 3x
Currency OptionsN/AUpto 5x
Commodity FutureN/AUpto 5x
Commodity OptionsN/AUpto 5x

Prabhudas Lilladher vs SAMCO Currency Charges and Plans: 2024

Prabhudas Lilladher charge 0.02% to 0.01% for Currency Futures and ₹15 per Lot for Currency Options whereas SAMCO Charges ₹20 per executed order for Currency futures and ₹20 per executed order for Currency options.

Prabhudas Lilladher vs SAMCO Commodity Charges and Plans: 2024

Prabhudas Lilladher charge 0.02% for commodity and SAMCO charge ₹20 per executed order for commodity.
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