Looking for Low Brokerage, High Margin & Free Tips?
Karvy Online Vs Samco
| | Broker Comparison, Trading | No Comments
Karvy Online 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.
Karvy Online Vs Samco Comparison
Here is a point by point comparison of Karvy Online Vs Samco.
Karvy Online is the broking arm of Karvy Group and has a presence across 400 cities of India. It is involved not only in retail broking but also has a prominent name in institutional and corporate investments. Incorporated in 1985, Karvy today has a membership with BSE, NSE, MCX-SX, MCX and NCDEX and is one of the top 10 stock brokers in India.
Samco is a discount broker that was incorporated recently in 2015 and charges a flat fee per transaction from its customers. Samco is a member in trading segments of equity cash and derivative of both NSE and BSE.
Everything about discount brokers such as Samco is Online, be it – customer service, trading, account opening etc. Full-service brokers such as Karvy Online, 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 Karvy Online 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
Karvy Online 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.
 |  | |
| Samco Review | Karvy Online Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Full Service |
| Incorporated In the Year | 2015 | 1985 |
| Number of branches across India | 1 | 400 |
| Exchanges | BSE, NSE, MCX-SX, MCX and NCDEX | BSE, NSE, MCX-SX, MCX and NCDEX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹800-₹1400 | Full Service |
| Trading Account Annual Maintenance Charges | ₹0 | 1985 |
| Demat Account Opening Charges | ₹0 | 400 |
| Demat Account Annual Maintenance Charges | ₹400 | BSE, NSE, MCX-SX, MCX and NCDEX |
| Transaction Charges | Samco Transaction Charges | Karvy Online Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹20 or 0.2% per executed trade whichever is lower | 0.3% |
| Intraday Delivery | ₹20 or 0.02% per executed trade whichever is lower | 0.03% |
| Equity Futures | ₹20 or 0.02% per executed trade whichever is lower | 0.03% |
| Equity Options | ₹20 per executed trade | ₹30 per lot |
| Currency Futures | ₹20 or 0.02% per executed trade whichever is lower | 0.03% |
| Currency Options | ₹20 per executed trade | ₹30 per lot |
| Commodity | ₹20 or 0.02% per executed trade whichever is lower | 0.03% |
| Calculate Brokerage | Samco Brokerage Calculator | Karvy Online Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 4 times | Intraday upto 20 times, 0 for Delivery |
| Equity Futures | Upto 4 times | Upto 4 times for Intraday |
| Equity Options | Upto 4 times | No Leverage for buying, upto 4 times for Shorting Intraday |
| Currency Futures | Upto 4 times | No Leverage |
| Currency Options | Upto 4 times | No Leverage |
| Commodities | NA | Upto 4 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 | NEST, Karvy Web, Trade Mobile App |
| Total BSE+NSE Complaints | 40 | 229 |
| OVERALL RATING |  | |
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 Karvy Online 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
Karvy Online Vs Samco
Overall Rating
