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Alice Blue Vs SAMCO

Incorporated in , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  Alice Blue SAMCO
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Year of Incorporation
Number of Branches
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Alice Blue Vs SAMCO Charges & AMC

Alice Blue trading account opening charges is Rs 150 while SAMCO account opening changes is Rs 0 (Free). Alice Blue Demat Account AMC Charges is Rs 400 and SAMCO Demat Account AMC Charges is Rs 400.

  Alice Blue SAMCO
Trading Account Opening Charges Rs 150 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 400 Rs 400

Alice Blue Vs SAMCO Brokerage

Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per order or 0.01% 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 Alice Blue Freedom 15 SAMCO Standard
Fixed Charges NA
Equity Delivery Rs 0 (Free) Rs 20 per trade or 0.20% (whichever is lower)
Equity Intraday Rs 15 per order or 0.01% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)
Equity Futures Rs 15 per order or 0.01% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)
Equity Options Rs 15 per order Rs 20 per trade or 0.02% (whichever is lower)
Currency Futures Rs 15 per order or 0.01% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)
Currency Options Rs 15 per order Rs 20 per trade or 0.02% (whichever is lower)
Commodity Futures Rs 15 per order or 0.01% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)
Commodity Options Rs 15 per order Rs 20 per trade or 0.02% (whichever is lower)

Alice Blue Charges Vs SAMCO

Minimum Brokerage Rs 0 0.2% per executed order for Equity Delivery and 0.02% per executed order for all other segments
Other Charges
Call & Trade Charges Rs 20 per executed order Rs 20 per executed order

Alice Blue Vs SAMCO Transaction Charges

Alice Blue transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side) while SAMCO exchange transaction charges for options is NSE Rs 5,300 per crore (0.053%) on Premium | BSE Rs 1 per trade.

  Alice Blue SAMCO
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side) NSE Rs 345 per crore (0.00345%) | BSE Rs 345 per crore (0.00345%)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side) NSE Rs 345 per crore (0.00345%) | BSE Rs 345 per crore (0.00345%)
Equity Futures NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side) NSE Rs 200 per crore (0.0020%) | BSE Rs 1 per trade
Equity Options NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side) NSE Rs 5,300 per crore (0.053%) on Premium | BSE Rs 1 per trade
Currency Futures NSE Rs 135 per Cr (0.00135%) NSE - Rs 110 per crore (0.0011%)
Currency Options NSE Rs 4400 per Cr (0.044%) (on premium) NSE Rs 4,000 per crore (0.040%) on Premium Value
Commodity Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%) Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
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Alice Blue Vs SAMCO Leverage (Margin)

Alice Blue 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.

  Alice Blue 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 Alice Blue and SAMCO Features

The trading platforms offered Alice Blue include Front End: ANT | Back End: Omnesys NEST. SAMCO offers StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.

  Alice Blue SAMCO
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) No Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform Front End: ANT | Back End: Omnesys NEST StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star
Intraday Square-off Time Equity: 3:15PM 3:15 PM
Trading In SME Shares Allowed?
Referral Program Yes Yes
Other Features Margin Products - CashPlus, StockPlus, and BTPT
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Alice Blue Vs SAMCO Review

Alice Blue is rated 3.2 of 5 based on 37 customer reviews whereas SAMCO is rated 3.3 of 5 based on 24 customer reviews.

  Alice Blue SAMCO
  37 Customer Reviews    Rate Alice Blue 24 Customer Reviews    Rate SAMCO
Fees 3.7 3.4
Brokerage 3.7 3.9
Trading Platform 3.4 2.8
Customer Service 3.0 3.2
Research Capabilities 1.9 2.5
Overall Ratings Rated 3.2 stars Rated 3.3 stars
Broker Rating Alice Blue is rated 3.2 of 5 based on 37 customer reviews SAMCO is rated 3.3 of 5 based on 24 customer reviews

Alice Blue Vs SAMCO Investment Options

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

Alice Blue Vs SAMCO Order Type Offered

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

  Alice Blue SAMCO
Daily Market Report Yes No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No

Alice Blue Vs SAMCO Suitable For Investor Type

  Alice Blue SAMCO
Casual Investor
Active Investor Yes
Trader Yes Yes

Alice Blue Vs SAMCO - Pros and Cons

  Alice Blue SAMCO
Pros
  • Free equity delivery trades. No brokerage.
  • Flat Rs 15 brokerage for intraday and F&O.
  • Advance online trading platform.
  • 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
  • Online Mutual Fund investment is not available.
  • Margin funding is not available.
  • Good Till Cancelled (GTC) orders not available.
  • Call & Trade is available with additional cost of Rs 20 per order.
  • 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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