Sharekhan vs SAMCO Comparison: 2024
About Sharekhan
One of the largest full service broker, Sharekhan is based in Mumbai, and has a client base of more than 17 lakh accounts. Sharekhan, is one of the biggest names in Indian equity and derivative trading and was a pioneer in the field of online trading. Sharekhan’s holding company is BNP Paribas, a Euronext Paris Stock Exchange listed entity with a history in banking. It is regulated by Securities and Exchange Board of India (SEBI).
Sharekhan: Overview
Sharekhan was established in the year 2000 in Mumbai, Maharashtra. Originally, Sharekhan was a subsidiary of SSKI Group and it later got acquired by BNP Paribas Group. Sharekhan’s network is spread over 550 cities. Here, they are spread out in over 1850 offices, with a presence in middle-eastern countries like Oman and UAE.
Sharekhan offers a wide range on investment and advisory services like market news, comprehensive research reports, stock quotes, fundamental and statistical analysis
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
Sharekhan vs SAMCO Account Opening Charges: 2024
| Charge | Sharekhan | SAMCO |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹0 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹400 (Free for 1st year with trading account) | ₹400 |
Sharekhan vs SAMCO Brokerage Charges and Plans : 2024
| Charge | Sharekhan | SAMCO |
|---|---|---|
| Plan Name | Classic Account | Standard |
| Equity Delivery | 0.50% | ₹20 per executed order |
| Equity Intraday | 0.10% | ₹20 per executed order |
| Equity Futures | 0.10% | ₹20 per executed order |
| Equity Options | ₹50 per lot | ₹20 per executed order |
| Currency Futures | 0.10% | ₹20 per executed order |
| Currency Options | ₹30 per lot | ₹20 per executed order |
| Commodity Options | 0.03% | ₹20 per executed order |
| Mutual Fund | N/A | N/A |
Sharekhan vs SAMCO Margin / Exposure: 2024
| Segment | Sharekhan | SAMCO |
|---|---|---|
| Equity Delivery | Upto 5x | Upto 4x |
| Equity Intraday | Upto 10x | Upto 15x |
| Equity Future | 2x | Upto 4x |
| Equity Options | Nil | Upto 8x |
| Currency Future | Nil | Upto 3x |
| Currency Options | Nil | Upto 5x |
| Commodity Future | Upto 2x | Upto 5x |
| Commodity Options | N/A | Upto 5x |