Trade Smart Online vs SAMCO Comparison: 2024

About Trade Smart Online

Trade Smart is a well-known name in India’s Stock Broking industry, which is ranks well among the famous discount brokers in India.

Trade Smart: An Overview

Trade Smart is a Mumbai based broking firm, incorporated in 1994 by VNS Finance and Capital Ltd. It is the ideal spot for investors and traders looking for high margins with low brokerages and the fast trading platform. 

Trade Smart began with the vision to offer a smart and consistent trading experience to users through their various services and trading platforms. From that point forward, Trade Smart has left no efforts in utilizing innovative technology solutions for easement customers in trading. 

They have a daily trade value of Rs. 2500 crore with more than 17000 spangling customer base, which is growing day by day, providing their best facilities and national presence. Also, they have their branches at numerous locations across the nation, supported by no not exactly

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

Trade Smart Online vs SAMCO Account Opening Charges: 2024

ChargeTrade Smart OnlineSAMCO
Demat Account Opening Charges₹200₹0
Trading Acc Opening Charges₹200₹0
Trading Account AMC₹0₹0
Demat Account AMC₹300₹400

Trade Smart Online vs SAMCO Brokerage Charges and Plans : 2024

ChargeTrade Smart OnlineSAMCO
Plan NamePower Trading PlanStandard
Equity Delivery₹15 per executed order₹20 per executed order
Equity Intraday₹15 per executed order₹20 per executed order
Equity Futures₹15 per executed order₹20 per executed order
Equity Options₹15 per executed order₹20 per executed order
Currency Futures₹15 per executed order₹20 per executed order
Currency Options₹15 per executed order₹20 per executed order
Commodity Options₹15 per executed order₹20 per executed order
Mutual FundN/AN/A

Trade Smart Online vs SAMCO Margin / Exposure: 2024

SegmentTrade Smart OnlineSAMCO
Equity Delivery1x (No Margin)Upto 4x
Equity IntradayUpto 30x Upto 15x
Equity FutureMIS: 3X | BO: 7X | CO: 7XUpto 4x
Equity OptionsMIS: 3X | BO: 7X | CO: 7XUpto 8x
Currency FutureMIS: 3X | BO: 3X | CO: 3XUpto 3x
Currency OptionsMIS: 3XUpto 5x
Commodity FutureMIS: 2X | BO: 6X | CO: 6XUpto 5x
Commodity OptionsN/AUpto 5x

Trade Smart Online vs SAMCO Currency Charges and Plans: 2024

Trade Smart Online charge ₹15 per executed order for Currency Futures and ₹15 per executed order for Currency Options whereas SAMCO Charges ₹20 per executed order for Currency futures and ₹20 per executed order for Currency options.

Trade Smart Online vs SAMCO Commodity Charges and Plans: 2024

Trade Smart Online charge ₹15 per executed order for commodity and SAMCO charge ₹20 per executed order for commodity.
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