Upstox Vs SAMCO
Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.
| Upstox | SAMCO | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX, NCDEX |
| Year of Incorporation | 2012 | |
| Number of Branches | 4 | |
| Open Upstox Account | Open SAMCO Account |
Upstox Vs SAMCO Charges & AMC
Upstox trading account opening charges is Rs 249 while SAMCO account opening changes is Rs 0 (Free). Upstox Demat Account AMC Charges is Rs 0 (Free) and SAMCO Demat Account AMC Charges is Rs 400.
| Upstox | SAMCO | |
|---|---|---|
| Trading Account Opening Charges | Rs 249 | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 0 (Free) | Rs 400 |
Upstox Vs SAMCO Brokerage
Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower whereas SAMCO brokerage charges for equity is Rs 20 per trade or 0.20% (whichever is lower) and intraday is Rs 20 per trade or 0.02% (whichever is lower).
| Account Type | Upstox Default | SAMCO Standard |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | Rs 20 per executed order or 2.5% whichever is low | Rs 20 per trade or 0.20% (whichever is lower) |
| Equity Intraday | Rs 20 per executed order or 0.05% whichever is lower | Rs 20 per trade or 0.02% (whichever is lower) |
| Equity Futures | Rs 20 per executed order or 0.05% whichever is lower | Rs 20 per trade or 0.02% (whichever is lower) |
| Equity Options | Rs 20 per executed order | Rs 20 per trade or 0.02% (whichever is lower) |
| Currency Futures | Rs 20 per executed order or 0.05% whichever is lower | Rs 20 per trade or 0.02% (whichever is lower) |
| Currency Options | Rs 20 per executed order | Rs 20 per trade or 0.02% (whichever is lower) |
| Commodity Futures | Rs 20 per executed order or 0.05% whichever is lower | Rs 20 per trade or 0.02% (whichever is lower) |
| Commodity Options | Rs 20 per executed order | Rs 20 per trade or 0.02% (whichever is lower) |
Upstox Charges Vs SAMCO
| Minimum Brokerage | 0.05% | 0.2% per executed order for Equity Delivery and 0.02% per executed order for all other segments |
| Other Charges | Auto Square-off Charges: Rs 50 | |
| Call & Trade Charges | Rs 20 per trade | Rs 20 per executed order |
Upstox Vs SAMCO Transaction Charges
Upstox transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while SAMCO exchange transaction charges for options is NSE Rs 5,300 per crore (0.053%) on Premium | BSE Rs 1 per trade.
| Upstox | SAMCO | |
|---|---|---|
| Equity Delivery | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 345 per crore (0.00345%) | BSE Rs 345 per crore (0.00345%) |
| Equity Intraday | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 345 per crore (0.00345%) | BSE Rs 345 per crore (0.00345%) |
| Equity Futures | NSE Rs 200 per Cr (0.002%) | NSE Rs 200 per crore (0.0020%) | BSE Rs 1 per trade |
| Equity Options | NSE Rs 5300 per Cr (0.053%) (on premium) | NSE Rs 5,300 per crore (0.053%) on Premium | BSE Rs 1 per trade |
| Currency Futures | NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%) | NSE - Rs 110 per crore (0.0011%) |
| Currency Options | NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium) | NSE Rs 4,000 per crore (0.040%) on Premium Value |
| Commodity | Group A - Rs 290 per Cr (0.0029%) | Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore |
| Open Upstox Account | Open SAMCO Account |
Upstox Vs SAMCO Leverage (Margin)
Upstox margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SAMCO margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Upstox | SAMCO | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open Upstox Account | Open SAMCO Account |
Compare Upstox and SAMCO Features
The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. SAMCO offers StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.
| Upstox | SAMCO | |
|---|---|---|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Automated Trading |
|
|
| SMS Alerts |
|
|
| Online Demo |
|
|
| Online Portfolio |
|
|
| Margin Trading Funding |
|
|
| Margin Against Shares (Equity Cash) |
|
|
| Margin Against Shares (Equity F&O) |
|
|
| Trading Platform | Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola | StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star |
| Intraday Square-off Time | 3:00 PM | 3:15 PM |
| Trading In SME Shares Allowed? | ||
| Referral Program |
|
|
| Other Features | Option strategy builder | Margin Products - CashPlus, StockPlus, and BTPT |
| Open Upstox Account | Open SAMCO Account |
Upstox Vs SAMCO Review
Upstox is rated 2.4 of 5 based on 132 customer reviews whereas SAMCO is rated 3.3 of 5 based on 24 customer reviews.
| Upstox | SAMCO | |
|---|---|---|
132 Customer Reviews  |
24 Customer Reviews |
|
| Fees |
|
|
| Brokerage |
|
|
| Trading Platform |
|
|
| Customer Service |
|
|
| Research Capabilities |
|
|
| Overall Ratings |
|
|
| Broker Rating | Upstox is rated 2.4 of 5 based on 132 customer reviews | SAMCO is rated 3.3 of 5 based on 24 customer reviews |
