SBIcap Securities vs SAMCO Comparison: 2024
About SBIcap Securities
SBI cap securities is the broking arm of the decades old and one of the top financial bodies SBI Capital Market ltd. Having the leverage of such an influential bank as a parent body, SBI Securities Ltd. or SSL is one of the leading stock brokers in India. They deal with a variety of depository participant (DP) services as well as equity, derivatives, broking and E-broking services to cater to both national and NRI clientele. SSL has been assigned the title of 'BQ1' (The Highest grade) by CRISIL for its operational qualities and services.
SBI Cap Securities: Overview
Founded in 2006 by Arun Mehta, SSL is a Mumbai-based Full service broker which offers trading in Equity delivery, Equity intraday, Commodity options, Equity futures, Equity options, Currency options and Currency futures. The minimum broking charge is Rs.10 per transaction.
It offers a 3-in-1 account feature, like other financial broking firms for direct
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
SBIcap Securities vs SAMCO Account Opening Charges: 2024
| Charge | SBIcap Securities | SAMCO |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹850 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹350 | ₹400 |
SBIcap Securities vs SAMCO Brokerage Charges and Plans : 2024
| Charge | SBIcap Securities | SAMCO |
|---|---|---|
| Plan Name | eZ-trade Plan | 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 | ₹20 per executed order |
| Currency Futures | 0.03% | ₹20 per executed order |
| Currency Options | ₹30 per lot | ₹20 per executed order |
| Commodity Options | NA | ₹20 per executed order |
| Mutual Fund | N/A | N/A |
SBIcap Securities vs SAMCO Margin / Exposure: 2024
| Segment | SBIcap Securities | SAMCO |
|---|---|---|
| Equity Delivery | 2x | Upto 4x |
| Equity Intraday | Upto 5x | Upto 15x |
| Equity Future | Nil | Upto 4x |
| Equity Options | Nil | Upto 8x |
| Currency Future | Nil | Upto 3x |
| Currency Options | Nil | Upto 5x |
| Commodity Future | N/A | Upto 5x |
| Commodity Options | N/A | Upto 5x |