Samco Vs Trade Smart Online
| |Samco Vs Trade Smart Online 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.
Samco Vs Trade Smart Online Comparison
Trade Smart Online is one of the leading discount brokers in India which was launched by VNS, a stockbroking firm that was incorporated in 1994.
Samco is a discount broker that was recently incorporated in 2015 and charges a flat fee per transaction from the customers.
On one hand, Trade Smart Online has been there in the market for a while, understands the concept of discount broking and how it helps traders & also has a backing of a reasonably mature player – VNS. On the other hand, Samco is relatively a fresh entrant and has been building propositions around its brokerage, trading platforms and customer service.
In a short span of time, Samco has been able to gain some traction while Trade Smart Online keeps on innovating from different aspects to keep its momentum rolling among traders and investors.
To make things easy for you, we have listed out the comparison between Samco Vs Trade Smart Online 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
Samco Vs Trade Smart Online 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.
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
We hope this article helps you to understand which of the two brokers is better for your needs.
Trade Smart Online Review | Samco Review | |
OVERVIEW | ||
Incorporated In the Year | 1994 | 2015 |
Number of branches across India | 1 | 1 |
Exchanges | NSE, BSE, MCX, MCX-SX and NCDEX | BSE, NSE, MCX-SX, MCX and NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹200 | ₹800-₹1400 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹200 | ₹0 |
Demat Account Annual Maintenance Charges | ₹300 | ₹400 |
Transaction Charges | Trade Smart Online Transaction Charges | Samco Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹15 per executed order or 0.07% depending on the plan | ₹20 or 0.2% per executed trade whichever is lower |
Intraday Delivery | ₹15 per executed order or 0.007% depending on the plan | ₹20 or 0.02% per executed trade whichever is lower |
Equity Futures | ₹15 per executed order or 0.007% depending on the plan | ₹20 or 0.02% per executed trade whichever is lower |
Equity Options | ₹15 or ₹7 per executed order depending on the plan | ₹20 per executed trade |
Currency Futures | ₹15 per executed order or 0.007% depending on the plan | ₹20 or 0.02% per executed trade whichever is lower |
Currency Options | ₹15 per executed order or 0.007% depending on the plan | ₹20 per executed trade |
Commodity | ₹15 per executed order or 0.007% depending on the plan | ₹20 or 0.02% per executed trade whichever is lower |
Calculate Brokerage | Trade Smart Online Brokerage Calculator | Samco Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Intraday upto 30 times | Upto 4 times |
Equity Futures | Upto 5 times | Upto 4 times |
Equity Options | Upto 5 times | Upto 4 times |
Currency Futures | Upto 3 times | Upto 4 times |
Currency Options | Upto 3 times | Upto 4 times |
Commodities | Upto 5 times | 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) | NOW, Nest, Spin | Trader, Web5, Mobile App |
Total BSE+NSE Complaints | 14 | 40 |
OVERALL RATING | ||
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