Looking for Low Brokerage, High Margin & Free Tips?
HDFC Securities Vs Samco
| | Broker Comparison, Trading | No Comments
HDFC Securities Vs Samco comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
HDFC Securities Vs Samco Comparison
HDFC Securities is the equity trading arm of HDFC Bank. It was founded in the year 2000 as a joint venture between HDFC Limited, HDFC Bank Limited and IndOcean E-Securities Holding limited.
Samco, on the other hand, is a discount broker that was incorporated in 2015 and charges a flat fee per transaction from the customers. Everything about Samco is Online, be it – customer service, trading, account opening and so on.
HDFC Securities as a full-service broker is a player that will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market etc.
To make things easy for you, we have listed out the comparison between HDFC Securities Vs Samco to help you find which of the two suits your needs better.
The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
HDFC Securities Vs Samco Compare
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover.
Most of the content has been vetted by the corresponding stockbroking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
 |  | |
| Samco Review | HDFC Securities Review | |
| OVERVIEW | ||
| Incorporated In the Year | 2015 | 2000 |
| Number of branches across India | 1 | 250 |
| Exchanges | BSE, NSE, MCX-SX, MCX and NCDEX | BSE, NSE |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹800-₹1400 | INR 999 |
| Trading Account Annual Maintenance Charges | ₹0 | INR 0 |
| Demat Account Opening Charges | ₹0 | INR 0 |
| Demat Account Annual Maintenance Charges | ₹400 | INR 750 |
| Transaction Charges | Samco Transaction Charges | HDFC Securities Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹20 or 0.2% per executed trade whichever is lower | 0.5% or INR 25 whichever is higher |
| Intraday Delivery | ₹20 or 0.02% per executed trade whichever is lower | 0.1% |
| Equity Futures | ₹20 or 0.02% per executed trade whichever is lower | 0.05% or INR 25 whichever is higher |
| Equity Options | ₹20 per executed trade | INR 100 per lot |
| Currency Futures | ₹20 or 0.02% per executed trade whichever is lower | INR 23 per contract |
| Currency Options | ₹20 per executed trade | INR 20 per contract |
| Commodity | ₹20 or 0.02% per executed trade whichever is lower | NA |
| Calculate Brokerage | Samco Brokerage Calculator | HDFC Securities Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 4 times | Upto 20 Times for Intraday & 2 Times for Delivery |
| Equity Futures | Upto 4 times | NA for Intraday |
| Equity Options | Upto 4 times | NA for Intraday |
| Currency Futures | Upto 4 times | NA for Intraday |
| Currency Options | Upto 4 times | NA for Intraday |
| Commodities | NA | NA |
| RESEARCH | ||
| Daily Market Reports |  | |
| Tips/Recommendations | | |
| Quarterly Analysis |  | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | Trader, Web5, Mobile App | Blink |
| Total BSE+NSE Complaints | 40 | 88 |
| OVERALL RATING |  |  |
*NSE Complaints Percentage: Lower is this number, Better is the broker.
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover. For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage.
This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with HDFC Securities Vs Samco for the benefits of other readers?
Please feel free to share in the comments below.
Summary
Reviewer
A Digital Blogger
Date
Broker Name
HDFC Securities Vs Samco
Overall Rating
