SAMCO vs Zerodha Comparison: 2024
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
About Zerodha
Zerodha, a Bangalore based company, a pioneer in stock broking, is the biggest and one of the best and most popular stock brokers in India. The one of its kind, discount broking model was introduced by this leading broker few years back. And, now there's no looking back! It's online flat fee discount brokerage model has set an example to be followed by various other trading platforms across India. Ranked amongst the Top Discount Brokers in India, Zerodha holds a very strong position in terms of trading volumes and a massive and growing customer base. 
Zerodha: Overview
Incorporated in the year 2010 by Nitin Kamath, an engineer turned stock broker cum budding entrepreneur who nurtured the company with his ideas and innovation, Zerodha gained huge popularity within a short span. It has turned to be the leading stock broker in India, may it be
SAMCO vs Zerodha Account Opening Charges: 2024
| Charge | SAMCO | Zerodha |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 (Free) |
| Trading Acc Opening Charges | ₹0 | ₹200 (Equity) + Rs.100 (Commodity) |
| Trading Account AMC | ₹0 | ₹0 (Free) |
| Demat Account AMC | ₹400 | ₹300 per year |
SAMCO vs Zerodha Brokerage Charges and Plans : 2024
| Charge | SAMCO | Zerodha |
|---|---|---|
| Plan Name | Standard | Flat Brokerage Plan |
| Equity Delivery | ₹20 per executed order | ₹0 (Free) |
| Equity Intraday | ₹20 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Equity Futures | ₹20 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Equity Options | ₹20 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order (on Turnover) |
| Currency Futures | ₹20 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Currency Options | ₹20 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Commodity Options | ₹20 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Mutual Fund | N/A | ₹0 (Free Unlimited Direct MF) |
SAMCO vs Zerodha Margin / Exposure: 2024
| Segment | SAMCO | Zerodha |
|---|---|---|
| Equity Delivery | Upto 4x | 1x (no margin) |
| Equity Intraday | Upto 15x | Up to 20x (based on the stock) |
| Equity Future | Upto 4x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Equity Options | Upto 8x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Future | Upto 3x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Options | Upto 5x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Commodity Future | Upto 5x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
| Commodity Options | Upto 5x | N/A |