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Zerodha Vs SAMCO

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  Zerodha SAMCO
Type of Broker Discount Broker Discount Broker
Exchnage Membership NSE, BSE, MCX and NCDEX BSE, NSE, MCX, NCDEX
Year of Incorporation 2010
Number of Branches 22
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Zerodha Vs SAMCO Charges & AMC

Zerodha trading account opening charges is Rs 200 while SAMCO account opening changes is Rs 0 (Free). Zerodha Demat Account AMC Charges is Rs 300 and SAMCO Demat Account AMC Charges is Rs 400.

  Zerodha SAMCO
Trading Account Opening Charges Rs 200 Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0 (Free)
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 300 Rs 400

Zerodha Vs SAMCO Brokerage

Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% 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 Zerodha Flat Brokerage Plan SAMCO Standard
Fixed Charges NA
Equity Delivery Rs 0 (Free) Rs 20 per trade or 0.20% (whichever is lower)
Equity Intraday Rs 20 per executed order or .03% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)
Equity Futures Rs 20 per executed order or .03% 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 .03% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)
Currency Options Rs 20 per executed order or .03% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)
Commodity Futures Rs 20 per executed order or .03% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)
Commodity Options Rs 20 per executed order or .03% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)

Zerodha Charges Vs SAMCO

Minimum Brokerage 0.03% in Intraday and F&O 0.2% per executed order for Equity Delivery and 0.02% per executed order for all other segments
Other Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges Rs 50 per executed order Rs 20 per executed order

Zerodha Vs SAMCO Transaction Charges

Zerodha 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.

  Zerodha 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 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) NSE - Rs 110 per crore (0.0011%)
Currency Options NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4,000 per crore (0.040%) on Premium Value
Commodity Group A - Rs 260 per Cr (0.0026%) Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
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Zerodha Vs SAMCO Leverage (Margin)

Zerodha 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.

  Zerodha 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)
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Compare Zerodha and SAMCO Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. SAMCO offers StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.

  Zerodha SAMCO
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Kite Web, Kite Mobile for Android/iOS and Coin StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star
Intraday Square-off Time Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close 3:15 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes Yes
Other Features Direct Mutual Funds, APIs for Algo Trading Margin Products - CashPlus, StockPlus, and BTPT
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Zerodha Vs SAMCO Review

Zerodha is rated 3.7 of 5 based on 466 customer reviews whereas SAMCO is rated 3.3 of 5 based on 24 customer reviews.

  Zerodha SAMCO
  466 Customer Reviews    Rate Zerodha 24 Customer Reviews    Rate SAMCO
Fees 3.7 3.4
Brokerage 4.2 3.9
Trading Platform 3.6 2.8
Customer Service 3.4 3.2
Research Capabilities 2.9 2.5
Overall Ratings Rated 3.7 stars Rated 3.3 stars
Broker Rating Zerodha is rated 3.7 of 5 based on 466 customer reviews SAMCO is rated 3.3 of 5 based on 24 customer reviews

Zerodha Vs SAMCO Investment Options

  Zerodha SAMCO
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD No
Debt No No
Other Investment Options

Zerodha Vs SAMCO Order Type Offered

  Zerodha SAMCO
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes
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Zerodha Vs SAMCO Research Report

  Zerodha SAMCO
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No

Zerodha Vs SAMCO Suitable For Investor Type

  Zerodha SAMCO
Casual Investor Yes
Active Investor Yes
Trader Yes Yes

Zerodha Vs SAMCO - Pros and Cons

  Zerodha SAMCO
Pros
  • India's No. 1 broker in terms of the number of active clients and exchange volume.
  • Safe, reliable, and most technologically advance broker in India.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Excellent trading platforms (Kite) available for free.
  • Direct Mutual Fund Investment is available.
  • Good Till Triggered (GTT) orders are available. These are similar to GTC orders.
  • NRI Trading account is available.
  • A technology-driven stockbroker with significantly fewer overheads.
  • Flat Rs 20 per trade low-cost trading across segments.
  • Instant paperless online account opening process.
  • Margin products available for delivery margin and margin against shares.
  • StockNote, a mobile trading app with personalized news, managed alerts, advanced charts, and watch list with any number of shares.
  • Guest user for mobile app StockNote which allows you to check the app even before you becomes a customer.
  • Advance order types i.e. bracket order and cover order with up to 33 times leverage
  • Free 'NEST Trader' install-able trading terminal for frequent traders.
Cons
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 50 per order.
  • It does not offer a 3-in-1 account.
  • It does not offer monthly unlimited trading plans.
  • It does not offer an AMC Free Demat account.
  • No margin funding.
  • No branch offices.
  • Mutual Fund investment is now available.
  • Online IPO applications are not available.
  • Additional charges for broker assisted traders (Call & Trade).
Reviews
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