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Religare Securities Vs Samco
| | Broker Comparison, Trading | No Comments
Religare 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.
Religare Securities Vs Samco Comparison
Here is a point by point comparison of Religare Securities Vs Samco.
Religare Securities, a subsidiary of Religare Enterprises Limited is a full-service broker with more than 8 Lakh clients from more than 500 cities of India. It allows its clients to trade across different segments such as Equity, Derivatives, commodities, currency etc.
Samco is a discount broker that was incorporated recently in 2015 and charges a flat fee per transaction from its customers.
Everything about discount brokers such as Samco is Online, be it – customer service, trading, account opening etc. Full-service brokers such as Religare Securities, on the other hand, 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 and so on.
To make things easy for you, we have listed out the comparison between Religare Securities and Samco to help you find which of the two suits your needs better. The comparison is made on various aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Religare Securities Vs Samco Details
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 and which one to go for.
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| Samco Review | Religare Securities Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Full Service Broker |
| Incorporated In the Year | 2015 | 1994 |
| Number of branches across India | 1 | 500 |
| Exchanges | BSE, NSE, MCX-SX, MCX and NCDEX | NSE, BSE, MCX-SX, MCX & NCDEX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹800-₹1400 | ₹500 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹400 | ₹300 |
| Transaction Charges | Samco Transaction Charges | Religare Securities Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹20 or 0.2% per executed trade whichever is lower | 0.5% |
| Intraday Delivery | ₹20 or 0.02% per executed trade whichever is lower | 0.05% |
| Equity Futures | ₹20 or 0.02% per executed trade whichever is lower | 0.05% |
| Equity Options | ₹20 per executed trade | ₹70 per lot |
| Currency Futures | ₹20 or 0.02% per executed trade whichever is lower | 0.05% |
| Currency Options | ₹20 per executed trade | ₹30 per lot |
| Commodity | ₹20 or 0.02% per executed trade whichever is lower | 0.05% |
| Calculate Brokerage | Samco Brokerage Calculator | Religare Securities Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 4 times | Upto 10 times Intraday, Upto 4 times delivery @interest |
| Equity Futures | Upto 4 times | Upto 3 times for Intraday |
| Equity Options | Upto 4 times | Buying no Leverage, shorting upto 3 times for Intraday |
| Currency Futures | Upto 4 times | Upto 2 times for Intraday |
| Currency Options | Upto 4 times | Buying no Leverage, shorting upto 2 times for Intraday |
| Commodities | NA | Upto 3 times for Intraday |
| 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 | Religare Online, Trade On the Go, ODIN |
| Total BSE+NSE Complaints | 40 | 139 |
| OVERALL RATING |  |  |
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Date
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Religare Securities Vs Samco
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